Sorry if these are basic questions but first time I’ve bought a Tesla and am struggling to make sense of the process using third party finance.
Situation: we have a delivery date, and time confirmed. Matched to a car, all good. We originally planned to buy the car so the order was for cash payment. We’ve subsequently decided to go PCP through Halifax as the terms are excellent.
Tesla said they’ll convert our order to third party finance, which is fine. However the timings don’t seem to align. Halifax won’t complete the application without a registration number, which Tesla won’t provide until 7 days before. Halifax say they’ll pay 24 hours after give them the registration, but no earlier than 4 days before delivery.
Hence I can’t understand how to make those two misaligned timeframes work. I assume Halifax has done finance on a Tesla before (!) and I wondered if anyone on here had used them. If you have, how did you make it work?
My temptation at the moment is to revert to a cash sale as I’m terrified we’ll say or do the wrong thing and somehow lose our slot. However for us the Halifax PCP makes way more sense, so if I can get some guidance on how to get this together I would be hugely grateful!
The other bit is that Tesla apparently require the finance company to email them in plenty of time to inform them they’re paying for the car. However until I can get the dates for payment figured out, that bit seems a bit academic.
Any insight and advice welcome!
Situation: we have a delivery date, and time confirmed. Matched to a car, all good. We originally planned to buy the car so the order was for cash payment. We’ve subsequently decided to go PCP through Halifax as the terms are excellent.
Tesla said they’ll convert our order to third party finance, which is fine. However the timings don’t seem to align. Halifax won’t complete the application without a registration number, which Tesla won’t provide until 7 days before. Halifax say they’ll pay 24 hours after give them the registration, but no earlier than 4 days before delivery.
Hence I can’t understand how to make those two misaligned timeframes work. I assume Halifax has done finance on a Tesla before (!) and I wondered if anyone on here had used them. If you have, how did you make it work?
My temptation at the moment is to revert to a cash sale as I’m terrified we’ll say or do the wrong thing and somehow lose our slot. However for us the Halifax PCP makes way more sense, so if I can get some guidance on how to get this together I would be hugely grateful!
The other bit is that Tesla apparently require the finance company to email them in plenty of time to inform them they’re paying for the car. However until I can get the dates for payment figured out, that bit seems a bit academic.
Any insight and advice welcome!
