Good evening folks. I just got my MVPA tonight and already emailed my SA, but who knows when he'll respond. Understanding I don't have an accounting degree and have never worked in auto sales, can someone please explain this to me?
1. I placed an order deposit of $100, like everyone else.
2. I qualified for a $1,000 rebate through San Diego Gas & Electric and Tesla applied it to my account back in August. It was my understanding that they will claim the rebate, not me.
3. I'm financing through my own bank and intend to put down $20,000 (I told my SA and he updated my account a while back).
4. On the MVPA under the "Total Credits" section, it shows $0 for deposit and $0 for the EV Incentive. That $1,100 was added to the downpayment amount, totaling $21,100.
5. If I just send this to my loan officer, she will have no idea about the rebate and deposit and will expect me to increase my downpayment to $21,100 instead of $20k even.
Am I over-thinking this or did they make a mistake?
1. I placed an order deposit of $100, like everyone else.
2. I qualified for a $1,000 rebate through San Diego Gas & Electric and Tesla applied it to my account back in August. It was my understanding that they will claim the rebate, not me.
3. I'm financing through my own bank and intend to put down $20,000 (I told my SA and he updated my account a while back).
4. On the MVPA under the "Total Credits" section, it shows $0 for deposit and $0 for the EV Incentive. That $1,100 was added to the downpayment amount, totaling $21,100.
5. If I just send this to my loan officer, she will have no idea about the rebate and deposit and will expect me to increase my downpayment to $21,100 instead of $20k even.
Am I over-thinking this or did they make a mistake?