Take Over 2022 Model 3 Finance 1.5k miles MSM White seats 1.99% rate at bank

[itsallaboutme]

Tesla Model 3 MSM with white interior and 1.5K miles very low. 2022 model haven't had it for a year. Already have a Model Y as you can see I don't drive this one. Will upload photos or send to whoever is interested.

Not looking for money just takeover loan. The bank has a low rate of 1.99% for 36 months I am currently on a 2% for a longer period. You can PM for more details

 

[ElectricIAC]

How does that even work? Wouldn’t the new buyer have to get their own finance?

 

[itsallaboutme]

How does that even work? Wouldn’t the new buyer have to get their own finance?

You can just use the same bank if you don't have interest rates that low at your bank. I am not sure if you can just take over my term and rate if your credit allows. Which is more than 36 months at the 2% rate. The bank is closed I would need to find out on Monday.

 

[MSB1102]

You can just use the same bank if you don't have interest rates that low at your bank. I am not sure if you can just take over my term and rate if your credit allows. Which is more than 36 months at the 2% rate. The bank is closed I would need to find out on Monday.

I’m pretty sure it doesn’t work that way. The buyer would need to apply for their own loan at the prevailing market rate.

Those rates are much harder to get now.

This should just be listed as a regular sale. If you want to try to sell it for what you owe on it, you should probably list that price. Is it dual motor or the RWD variant?

 

[itsallaboutme]

I’m pretty sure it doesn’t work that way. The buyer would need to apply for their own loan at the prevailing market rate.

Those rates are much harder to get now.

This should just be listed as a regular sale. If you want to try to sell it for what you owe on it, you should probably list that price. Is it dual motor or the RWD variant?

Dual motor long range $46k
I am not sure if you would need to pay taxes if you take over loan (of course getting your own loan for it) as low as 1.99% for 36 months from current bank. That’s why I said take over instead of you getting loan outside bank. Will need to call the bank.

 

[Kairide]

You can’t take over someone’s loan, this isn’t like a lease transfer. You are selling your car. The buyer will need to apply for financing at the institution of their choice.Then they would pay your lien holder to release the title to them or their bank.

 

[itsallaboutme]

You can’t take over someone’s loan, this isn’t like a lease transfer. You are selling your car. The buyer will need to apply for financing at the institution of their choice.Then they would pay your lien holder to release the title to them or their bank.

Yes you can.

 

[johntes]

Yes you can.

How can someone take over your loan since everybody have different credit score? You think the bank will risk letting someone who have a bad credit history take over the loan. No, the bank won't transfer loan to someone else.

 

[itsallaboutme]

How can someone take over your loan since everybody have different credit score? You think the bank will risk letting someone who have a bad credit history take over the loan. No, the bank won't transfer loan to someone else.

Taking over loan doesn’t mean you will have same rate and terms. I said you have to get credit score checked. Taking over just means avoid fees etc I’m in NJ so no taxes. But if you’re not you still won’t have to worry because you’re taking over the loan. I was just saying if you want to use same bank they have rates starting from 1.99%

 

[jokay82]

Taking over loan doesn’t mean you will have same rate and terms. I said you have to get credit score checked. Taking over just means avoid fees etc I’m in NJ so no taxes. But if you’re not you still won’t have to worry because you’re taking over the loan. I was just saying if you want to use same bank they have rates starting from 1.99%

What bank is this?

 

[TSLA Pilot]

What bank is this?

Indeed, an excellent question.

I'm sure we'd all like to know what bank allows a third-party to "take over a loan" on a car that has a title (with a lien) attached to another party . . . I'm sure it would make for interesting/impossible repossessions!

 

[M|S|M MYP]

Indeed, an excellent question.

I'm sure we'd all like to know what bank allows a third-party to "take over a loan" on a car that has a title (with a lien) attached to another party . . . I'm sure it would make for interesting/impossible repossessions!

Let alone a 1.99% rate

 

[Npate2]

Correct me if I am misspeaking but I think what OP is trying to say is he has an existing loan on the car. The new owner of the car would have to apply for a new loan (unless paying cash), but the bank that OP is using is offering 1.99% financing for their customers. So if someone were to finance the car via the same bank and after approvals etc. they can possibly get a 1.99% loan on the car. That is how I am interpreting it and could be just misreading it.

 

[itsallaboutme]

Correct me if I am misspeaking but I think what OP is trying to say is he has an existing loan on the car. The new owner of the car would have to apply for a new loan (unless paying cash), but the bank that OP is using is offering 1.99% financing for their customers. So if someone were to finance the car via the same bank and after approvals etc. they can possibly get a 1.99% loan on the car. That is how I am interpreting it and could be just misreading it.

This is exactly it. I am not sure what was so hard for others to comprehend. It's that simple. And the bank is Armco CU

 

[Npate2]

This is exactly it. I am not sure what was so hard for others to comprehend. It's that simple. And the bank is Armco CU

Hopefully that clears thing up when many members.

I think you could have worded it much better though, which is what confused many people.

 

[itsallaboutme]

Hopefully that clears thing up when many members.

I think you could have worded it much better though, which is what confused many people.

Yeah probably. Thanks

 

[itsallaboutme]

What bank is this?

Let alone a 1.99% rate

Armco CU check out the link

 

[Kairide]

Not looking for money just takeover loan.

This is exactly it. I am not sure what was so hard for others to comprehend. It's that simple. And the bank is Armco CU

Because there is no taking over of a loan involved. Just as everyone stated, this is a for sale vehicle and the buyer would be applying for their own loan.
That’s why everyone was confused.
It would have helped to include a price and pictures.

 

[itsallaboutme]

Because there is no taking over of a loan involved. Just as everyone stated, this is a for sale vehicle and the buyer would be applying for their own loan.
That’s why everyone was confused.
It would have helped to include a price and pictures.

I did include a price. And didn't get a chance to include pictures yet. But did say I would send out to anyone who asked.

 

[DomePiece]

Tesla Model 3 MSM with white interior and 1.5K miles very low. 2022 model haven't had it for a year. Already have a Model Y as you can see I don't drive this one. Will upload photos or send to whoever is interested.

Not looking for money just takeover loan. The bank has a low rate of 1.99% for 36 months I am currently on a 2% for a longer period. You can PM for more details

So you just give me the car and I pay a monthly loan? I am in NJ let’s do it