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Question about financing rates

Discussion in 'Model S: Ordering, Production, Delivery' started by redy, Jul 20, 2017.

  1. redy

    redy Member

    Joined:
    Jan 12, 2016
    Messages:
    109
    Location:
    Brooklyn
    I have seen the search results, went over some threads and saw that the latest information is from 04/17. Was looking for updated info.

    Credit score of slightly less than 800. Annual income circa 300K more or less.

    Alliant offered 90% at 3.99 x 84 mnths.

    Can I do better? Is it even reasonable to expect a lower interest rate for 84 months?

    Ordered an inventory 75 for 79K. Appreciate all the help.
     
  2. ucmndd

    ucmndd Member

    Joined:
    Mar 10, 2016
    Messages:
    482
    Location:
    California
    When I purchased 6 months ago there was a rather pronounced difference in APR at the 84 month mark. 84 months was in the 4% range like you've discovered, while 78 months was 2.25%.

    I went with the slightly elevated payment at 78 months.
     
    • Informative x 1
  3. Maxv

    Maxv Member

    Joined:
    Jun 4, 2017
    Messages:
    15
    Location:
    Boston
    Have you taken a look at this thread Recent CPO Loan Rates ? It has some more up to date data points.
     
    • Helpful x 1
  4. Nosken

    Nosken Member

    Joined:
    Jan 15, 2015
    Messages:
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    Location:
    Lincoln, CA
    Tesla is offering 1.49% last I checked--two days ago.
     
  5. Spainman54

    Spainman54 Member

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    May 18, 2017
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    24
    Location:
    Ashland, Virginia
    I was offered 1.49% by tesla this week. Take delivery next week
     
    • Informative x 1
  6. Jack Tripper

    Jack Tripper Member

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    Mar 15, 2015
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    27
    Location:
    USA
    Unfortunately it's now 1.99%.
     
  7. Nosken

    Nosken Member

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    436
    Location:
    Lincoln, CA
    Still showing 1.49% for me at Tesla Lending
     
  8. NathanielHrnblwr

    Joined:
    Sep 24, 2015
    Messages:
    60
    Location:
    San Diego
    OA stated it's 1.99% :(
     

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