Another tip for you, be super super clear about how you want the break down (between down payment and financed amount) to be, in every communication.
They actually were able to push it through a little faster.... I requested it at 9:30am today, got the updated MVPA at about 3:35pm... however, of course it was wrong. The tax exemption amount is correct, but I was going to make a $2500 down payment, which of course changed to $247 down payment after that exemption was applied. He's how it's been explained to me. They can't break things out as Deposit, down payment, financed amount. Instead they will dump into the system what the financed amount is that you're requesting, THEN the system will calculate if you still owe a down payment (because of course you already put that deposited amount down when you placed your order).
SO.... when the tax exemption applies the lowers the total amount of the car but the financed amount remains fixed with the difference reflecting in the down payment amount.
I recommend this...
Go to this page;
WA State Licensing (DOL) Official Site: Use tax for vehicles and boats There is a link for use tax which will give you every city in WA and what the tax rate is (it shows state tax [6.5%] and local tax). Now add 0.3% (which is an additional vehicle use tax for WA) to that amount. Now the exemption is good for $25,000 of the vehicle price. So 25,000 multiplied by that tax rate and that will tell you how much your exemption will be.
Example if picking up from the Bellevue Tesla location.
Bellevue vehicle sales tax: 6.5% state, 3.5% local, 0.3% additional vehicle use; total 10.3% tax.
$25,000 * 0.103 = $2575 exemption amount
Calculate your total vehicle price + destination fee ($1200)
(Example with plain SR+ with no options; $38,990 + $1200 = $40,190 (this is the amount that will be taxed)
Calculate tax due
(Example; $40,190 * 0.103 = $4139.57 - $2575 exemption = $1564.57)
Calculate total cost due
(Example; $40,190 [car] + 1,564.57 [remaining tax] + $125.75 [registration/title/transfer fee, verify amount with Tesla] = $41,880.32)
You now have the cost of the car ($41,880.32) but you've already paid $2500 as a deposit when you ordered it. So the amount due is $39,380.32. If you want to put a deposit down to reduce how much you finance, minus it from this value, say $2500, and you'll get the amount to tell Tesla you're going to finance. $36,880.32. Tesla will plug in the finance amount into their system, and everything else will calculate off of that. Otherwise you'll have to go back and forth with Tesla once the sales tax exemption is applied because 99% sure it'll just reduce your down payment, NOT your financed amount.
And of course, this is going to be too late for my credit union (since I'm STILL waiting). It's taken Tesla all day to generate ONE document. Still feels less painful then a car dealership since I've been at work all day just doing this periodically via email, but wow this could be streamlined a lot more...