Reapply for financing with rate cut?

[alphapenguin]

The spreadsheet is a little confusing

mom so i watched the YouTube video on how it works and makes more sense. I was looking at the spreadsheet when it was updating. I thought it was broken.

Damn stubby finger, was supposed to say NM. Not mom.

 

[Travelandlive]

I thought that was a funny typo, anyhow, glad I could help.

 

[jcfunklive]

So i'm in a bit of dilemma. I got my approval through my bank and it's good until April 6.

lender has my MVPA and is sending me my loan contract tomorrow. I was on the first batch of delivery confirmation emails on February 24, but when i called local delivery center (Northern VA) after i got my MVPA, I was told it could be delayed into first or second week of April (basically, it hasn't left Fremont for delivery).

Lender won't extend past April 6. I could send a signed contract back closer April 6, but without knowing if my delivery will even happen this month, I'm wondering if I need to shop rates before my 30 days expires. Will it hurt my credit if I'm within a 2-week window of shopping rates?

If I send a signed contract closer to the end of the month, then my first payment would be due the last week in April, but there's just no telling how long it can be delayed and I definitely don't want to start payments without an actual car in hand....

 

[alphapenguin]

So i'm in a bit of dilemma. I got my approval through my bank and it's good until April 6.

lender has my MVPA and is sending me my loan contract tomorrow. I was on the first batch of delivery confirmation emails on February 24, but when i called local delivery center (Northern VA) after i got my MVPA, I was told it could be delayed into first or second week of April (basically, it hasn't left Fremont for delivery).

Lender won't extend past April 6. I could send a signed contract back closer April 6, but without knowing if my delivery will even happen this month, I'm wondering if I need to shop rates before my 30 days expires. Will it hurt my credit if I'm within a 2-week window of shopping rates?

If I send a signed contract closer to the end of the month, then my first payment would be due the last week in April, but there's just no telling how long it can be delayed and I definitely don't want to start payments without an actual car in hand....

Why not use the Tesla rate match program and Finance through Tesla

Best Rate Guarantee

 

[jcfunklive]

Why not use the Tesla rate match program and Finance through Tesla

Best Rate Guarantee

I didn't even know this existed! I will check it out. From what I'm reading on that site, I just need to send them my secured paperwork and they will just simply match?

So in essence, if approved, then I would just pay the remaining difference via cash on delivery day?