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Tesla loan comparison spreadsheet - auto updates hourly

Discussion in 'Model 3' started by T3slaMecca, Sep 5, 2018.

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  1. amazinglarry

    amazinglarry Member

    Joined:
    Dec 31, 2018
    Messages:
    9
    Location:
    La Canada, CA
    This spreadsheet was super helpful. I was able to get a great rate and that helped finalize my decision to get the car. Thanks so much for putting this together!!!!!
     
    • Like x 1
  2. T3slaMecca

    T3slaMecca Member

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    Aug 1, 2018
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    Location:
    California
    This was what I was aiming for, the low rates can make/break buy decisions. I know it was for me. What rate/term did you get and for which credit union?

    Glad it was helpful :)
     
  3. MSDreamz

    MSDreamz Member

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    Feb 1, 2017
    Messages:
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    Location:
    dallas
    what is the best rate everyone getting for 84 months? credit score 750+ I applied with 2 of the ones listed and was higher then listed.
     
  4. JBFMCAR

    JBFMCAR Member

    Joined:
    Dec 23, 2018
    Messages:
    6
    Location:
    Fort Lauderdale
    Yeah who has done a 60 or 72 in past week I have all 800+ across the board and Live In florida just don’t want to have my credit pulled to many times.
     
  5. rohitchopra

    rohitchopra Member

    Joined:
    Jan 5, 2019
    Messages:
    12
    Location:
    new jersey
    Hello I live in Central NJ. Has anyone had any success with the CU's listed in this sheet? What rate did you get? How long did it take?
    PS My score is 820+
     
  6. NoBodyYouKnow

    NoBodyYouKnow Member

    Joined:
    Dec 3, 2018
    Messages:
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    Location:
    World
    I got 1.49% through the DOLFCU.org for 48 months. You have to be an past or present employee or a family member of someone who is. Rate was 1.99 less .50 for EVs. Loan Rates - DOLFCU
     
  7. rplace1021

    rplace1021 Member

    Joined:
    Dec 19, 2018
    Messages:
    61
    Location:
    Illinois
    I applied with Sharonview on Friday. 1.99% for 60 months with 800+ score. Waiting on results of application and will let you know any issues. They offered 2.74% for 72 months.
     
  8. rplace1021

    rplace1021 Member

    Joined:
    Dec 19, 2018
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    Location:
    Illinois
    I saw a notice on Clearpath's site today that says they are no longer financing EVs.

    Effective 1/4/19, we have reached our goal of financing over $8 Million in Electric Vehicles for our members! We appreciate all our Members who have come to Clearpath for their Electric Vehicle loans. Due to this unprecedented demand and reaching our goal, we are suspending Electric Vehicle financing until further notice. We continue to offer some of the lowest rates available on all types of conventional auto and truck loans and are ready to serve your needs! Please contact us for our best rates and terms.
     
    • Helpful x 1
  9. T3slaMecca

    T3slaMecca Member

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    Location:
    California
    Thanks, I'll remove them from the sheet.
     
    • Helpful x 1
  10. rplace1021

    rplace1021 Member

    Joined:
    Dec 19, 2018
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    Location:
    Illinois
    I just talked to Sharonview and my application was approved - up to 60 months and 1.99% without any downpayment requirements (used Model S purchase). It took 2 days for the application to be reviewed and approved. Also no requirement to set up autopay or pay from a Sharonview account. Really nice, helpful and friendly people there. I was planning to rate shop a bit more and maybe look at Lightspeed but may just stick with Sharonview. The potential for unsecured with Lightspeed is interesting though.
     
  11. JBFMCAR

    JBFMCAR Member

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    Dec 23, 2018
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    Location:
    Fort Lauderdale
    What did you use to show affiliation? I wasn’t sure what to put when doing the application.
     
  12. JBFMCAR

    JBFMCAR Member

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    Dec 23, 2018
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    Location:
    Fort Lauderdale
    Also what branch did you end up working with.
     
  13. rplace1021

    rplace1021 Member

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    Dec 19, 2018
    Messages:
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    Location:
    Illinois
    I put Hobby Farmers as my affiliation. I actually tried to join but their site isn't working for now. I think I selected the first branch on the list but don't think it mattered. You can apply for a new member savings account at part of the loan application process.
     
  14. T3slaMecca

    T3slaMecca Member

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    Location:
    California
    As expected with any open Credit Union, Carolina CU increased their rates to 2.99% across the board
     
  15. T3slaMecca

    T3slaMecca Member

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    Aug 1, 2018
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    Location:
    California
    Added Clearpath FCU back, president emailed saying: "Yes we are continuing to fund EV loans without exclusion."
     
  16. rplace1021

    rplace1021 Member

    Joined:
    Dec 19, 2018
    Messages:
    61
    Location:
    Illinois
    Great! Looks like the notice is down from the site too. Their rate increased though! Thanks for creating and maintaining the spreadsheet.
     
    • Like x 1
  17. amazinglarry

    amazinglarry Member

    Joined:
    Dec 31, 2018
    Messages:
    9
    Location:
    La Canada, CA
    I got it through LA Fed Credit Union. Super helpful representative, great easy process. Got the same as listed on the spreadsheet at the time at 2.74%.
     
    • Like x 2
  18. UnderCharged

    UnderCharged Member

    Joined:
    Dec 25, 2018
    Messages:
    62
    Location:
    Maryland
    anybody use navy federal?
     
  19. rplace1021

    rplace1021 Member

    Joined:
    Dec 19, 2018
    Messages:
    61
    Location:
    Illinois
    I've used the in the past for a car loan but their rates are pretty high now. Great to work with though!
     
  20. rplace1021

    rplace1021 Member

    Joined:
    Dec 19, 2018
    Messages:
    61
    Location:
    Illinois
    I finalized my loan yesterday with Sharonview and the check is being overnighted to me today. They were great to work with!
     

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