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Tesla financing with TD Auto Finance

Discussion in 'Model S: Ordering, Production, Delivery' started by WarrenInCA, Jan 13, 2015.

  1. WarrenInCA

    WarrenInCA Member

    Joined:
    Oct 4, 2014
    Messages:
    90
    Location:
    Scotts Valley, CA
    My contract rate for a 72 month loan is a fixed rate of 2.69%. Then, today, I received a letter from the lender informing me that they dropped my interest rate to 2.44%.
     
  2. kabirakhtar

    kabirakhtar but you can call me Kabir

    Joined:
    Nov 18, 2014
    Messages:
    116
    Location:
    LA, CA
    did they say why? i was offered terms similar to your original contract rate.
     
  3. WarrenInCA

    WarrenInCA Member

    Joined:
    Oct 4, 2014
    Messages:
    90
    Location:
    Scotts Valley, CA
    "We are pleased to inform you that we are reducing your contracted interest rate to 2.44% effective from the date of the contract. Your new monthly payment schedule will be 71 months at $1611.20 starting on 2/14/2015 and 1 month at $1611.20 on 01/14/2021."
     
  4. kabirakhtar

    kabirakhtar but you can call me Kabir

    Joined:
    Nov 18, 2014
    Messages:
    116
    Location:
    LA, CA
    update - i got the same letter as well. will not be looking into the mouth of this gift horse!
     

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