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Telsa Lending Application - Order Deposit Not Deducted?

Discussion in 'Model S: Ordering, Production, Delivery' started by g1000x, Apr 15, 2018.

  1. g1000x

    g1000x Member

    Joined:
    Mar 25, 2018
    Messages:
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    Location:
    Denver
    When I view the Tesla Lending application, I see the full price of the car $85,000.

    I already paid the $2,500 deposit, so my question is: why isn't the application showing $82,500 for financing?

    I am trying to calculate my down payment percentage. I figured I would pay 69.7% of 82,500 which is 57,502.5. But, if the lending application is showing 85,000, and I enter 69.7%, it equals 59,245.

    I want to pay the 57,502.5 as the down payment. Should I enter 67.65% instead?

    I'm just confused as to why the application shows 85,000 instead of 82,500.
     
  2. GatorGuy

    GatorGuy Member

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    Location:
    Jacksonville
    It's just the lending application. They did the same on mine.
     
  3. g1000x

    g1000x Member

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    Location:
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    So can I enter the exact amount I want to finance after the application gets approved? Instead of just the percentage.
     
  4. GatorGuy

    GatorGuy Member

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    Of course, the costs change base on sales tax, your trade in, document costs and obviously your down payment.
     
  5. g1000x

    g1000x Member

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    Location:
    Denver
    Ok thanks.

    Is the sales tax included in the loan?
     

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