MYandCT2021
Member
Forgive me if there is a better forum to post this in, but I have a 2 part question regarding financing and was hoping to get this group's thoughts:
1. Tesla's site shows 2.49% if you use Tesla financing. The default is $4500 down. Does anyone know if this means the minimum is $4500 down to get the 2.49% (of course, based on credit and such).
2. If you go with DCU, do they have a minimum down payment and/or a maximum loan-to-value? The credit union I currently bank with has a special offer interest rate of 1.79%, but you have to have a maximum loan to value of 80% (so 20% down).
I'm trying to decide what my best course of action is. I have the ability to do a bigger down payment, but might stick with minimums to use the money elsewhere. Appreciate the help!
1. Tesla's site shows 2.49% if you use Tesla financing. The default is $4500 down. Does anyone know if this means the minimum is $4500 down to get the 2.49% (of course, based on credit and such).
2. If you go with DCU, do they have a minimum down payment and/or a maximum loan-to-value? The credit union I currently bank with has a special offer interest rate of 1.79%, but you have to have a maximum loan to value of 80% (so 20% down).
I'm trying to decide what my best course of action is. I have the ability to do a bigger down payment, but might stick with minimums to use the money elsewhere. Appreciate the help!