SR/SR+ (Model 3 RWD) Waiting Room

[worldboss]

EDD Updated today from 8/7/22-9/11/22 to 8/13/22-9/10/22.

OD: 2/2022

Smaller window of time, I guess some progress.

M3 RWD. Grey/White. Aero.

Miami, FL

 

[Nick11]

Did you get a two week window yet? Since financing is good for 90 days you can still benefit from the guaranteed rate even if your EDD is a 4 week range.

Not yet, checking like 4 times a day for any change to EDD, I've got major fomo seeing all these 2 week windows haha.

 

[RiV_7]

5.90% over 8 years
There are no penalties to pay it off early or make extra payments.

Curious why 8 years? I’m considering it.

 

[Rezan8]

Curious why 8 years? I’m considering it.

Cash flow and flexibility is important for me. If I take a shorter term my payments will be higher. I don't care much about paying interest for longer. If I have cash I can pay it off faster. If rates drop I'll use my line of credit to pay the loan, then pay down the line with a lower rate (that is IF rates drop in the next few years).

Also it didn't matter how long the loan is for, the rate was the same.

 

[BTM3]

My EDD changed today from "June 2022" to TBD - Deliver timing will be available soon. It has been "June 2022" for a couple of months now,

OD: October 10, 2021 M3/RWD/White/White/Aero/No FSD

Has your EDD changed at all from the TBD? My EDD still hasn't changed from the TBD and it seems everyone with a later OD is getting into the VIN range.

 

[amarchcan]

Curious why 8 years? I’m considering it.

Cash flow and flexibility is important for me. If I take a shorter term my payments will be higher. I don't care much about paying interest for longer. If I have cash I can pay it off faster. If rates drop I'll use my line of credit to pay the loan, then pay down the line with a lower rate (that is IF rates drop in the next few years).

Also it didn't matter how long the loan is for, the rate was the same.

I'm also planning to go for 8 years as it would keep the monthly payments to a minimum.

However, I still have my account set to "CASH" and not financing as I'm waiting for a VIN to revert it back to financing.

Don't know when is the right time to do it though... Wonder how much time will I have between VIN and delivery date.

Did Tesla give you a choice between Scotiabank or RBC etc or not ?

 

[jhawkins1]

Has your EDD changed at all from the TBD? My EDD still hasn't changed from the TBD and it seems everyone with a later OD is getting into the VIN range.

Nothing yet, but I did get my financing set up and talked with Crystal in Halifax, she reached out to confirm I was ready to accept delivery in the next two months. They expect to see Vin assignments in the not to distant future.

 

[Rezan8]

I'm also planning to go for 8 years as it would keep the monthly payments to a minimum.

However, I still have my account set to "CASH" and not financing as I'm waiting for a VIN to revert it back to financing.

Don't know when is the right time to do it though... Wonder how much time will I have between VIN and delivery date.

Did Tesla give you a choice between Scotiabank or RBC etc or not ?

I've had a 2 week EDD for the past 1.5 weeks and with rates moving higher I presume I will take delivery in the next 90 days so I can secure the rate 30 days at a time.

Tesla didn't give me a choice but I asked them for it over text. They said they would let the "Credit Specialist" know of my preference. It was done within 90 minutes.

 

[jhawkins1]

I'm also planning to go for 8 years as it would keep the monthly payments to a minimum.

However, I still have my account set to "CASH" and not financing as I'm waiting for a VIN to revert it back to financing.

Don't know when is the right time to do it though... Wonder how much time will I have between VIN and delivery date.

Did Tesla give you a choice between Scotiabank or RBC etc or not ?

Mine came back with Scotiabank, I reached out to Tesla and they confirmed it was the lowest rate. I even called RBC and they said it was a good rate and they were not seeing lower. 6.06 isn’t great, but I figured I better lock it in before the rate hike today.

 

[kev12345]

Interest rate is only valid for 30 days before taking delivery. Is this what you guys were told too?

 

[ultrams]

EDD update this afternoon for my M3 RWD/MSM/Black/Sport

OD: 6/24/22
EDD 1: 11/22/22 - 1/17/23
EDD2: 10/28/22 - 12/9/22

 

[jhawkins1]

Interest rate is only valid for 30 days before taking delivery. Is this what you guys were told too?

Valid for 60 days according to the website., that is out her in NB. Not sure if it varies by location

 

[Nick11]

Interest rate is only valid for 30 days before taking delivery. Is this what you guys were told too?

That's correct, loan approval is valid for 90, rate valid for 30 days

 

[ArziFam]

Hello.

I ordered M3RWD last 3.26, finished the task 3.27, so far delivery has been pushed back. The EDD changes several times, here are the dates:
Estimated Delivery:
> July 19 - Sept 13 (as of 03/25/22)
> July 17- Aug 28 (as of 04/03/22)
> July 27- Sep 21 (as of 04/10/22)
> July 25 - Sep 5 (as of 04/15/22)
> July 27 - Aug 31 (as of 06/15/22)
> July 15 - Aug 12 (as of 06/30/22)
> Sep 28 - Nov 9 ( as of 07/13/22)

Do you have similar situation?
Do you why it got pushed back?

Appreciate the help.

 

[jjrandorin]

Hello.

I ordered M3RWD last 3.26, finished the task 3.27, so far delivery has been pushed back. The EDD changes several times, here are the dates:
Estimated Delivery:
> July 19 - Sept 13 (as of 03/25/22)
> July 17- Aug 28 (as of 04/03/22)
> July 27- Sep 21 (as of 04/10/22)
> July 25 - Sep 5 (as of 04/15/22)
> July 27 - Aug 31 (as of 06/15/22)
> July 15 - Aug 12 (as of 06/30/22)
> Sep 28 - Nov 9 ( as of 07/13/22)

Do you have similar situation?
Do you why it got pushed back?

Appreciate the help.

This entire thread I moved your newly created thread into is about basically the same thing, so to answer your "do you have similar situation" the answer is "yes, this thread has over 1000 pages of similar discussion".

"Do you know why it got pushed back" discussion is also a large part of this thread, but the short answer is "no".

 

[ZZ118]

This entire thread I moved your newly created thread into is about basically the same thing, so to answer your "do you have similar situation" the answer is "yes, this thread has over 1000 pages of similar discussion".

"Do you know why it got pushed back" discussion is also a large part of this thread, but the short answer is "no".

Thanks was just gonna tell him to come here but you beat me to the post

 

[ArziFam]

Thanks.

 

[ArziFam]

OD: 12/23/2021
White/Black, Aero, No FSD
EDD 1: October 2022
Honolulu, HI

Edit Design: 2/23/2022
White/White, Aero, No FSD
EDD 2: July 2022 (Updated 3/3/2022)

EDD 3: June 13 - July 11 (Updated 3/4/2022)

EDD 4: July 26 - September 6 (Updated 3/29/2022)

EDD 5: August 8 - September 12 (Updated 6/13/2022)

EDD 6: August 16 - September 13 (Updated 7/13/2022)

 

[theocguy]

Hello.

I ordered M3RWD last 3.26, finished the task 3.27, so far delivery has been pushed back. The EDD changes several times, here are the dates:
Estimated Delivery:
> July 19 - Sept 13 (as of 03/25/22)
> July 17- Aug 28 (as of 04/03/22)
> July 27- Sep 21 (as of 04/10/22)
> July 25 - Sep 5 (as of 04/15/22)
> July 27 - Aug 31 (as of 06/15/22)
> July 15 - Aug 12 (as of 06/30/22)
> Sep 28 - Nov 9 ( as of 07/13/22)

Do you have similar situation?
Do you why it got pushed back?

Appreciate the help.

i am in similar situation. At least, your EDD is just about 6 weeks +/-? mine is like 2 months range. See my signature.

 

[MtlMV]

EDD moved from Q4 to Q3 yesterday

OD : 03/08/2022 - RWD-W-B-19-NFSD
EDD Was : 10/10/2022 - 11/21/2022
EDD Now : 08/26/2022 - 09/30/2022
PL : Laval, Canada