Tesla loan comparison spreadsheet - auto updates hourly

[patbaker82]

no, I left the account number blank. I believe you can apply for checking acct after.

I wonder if thats why they increased the rated compared to whats published on their site. Your credit score is healthy.

 

[Rottenapplr]

I just used this list. 2.99 at LA Financial Credit Union. Only stipulation is must open a savings and direct withdrawal for your payment from your savings account. You have to be an la county resident.

 

[DrTCS]

Hi,
Thanks for this awesome Spreadsheet.
I have a question about the 1% rate for 72 or 84 months as well as 0.50% for 60 months offered by WheelhouseCU on it. I have been unable to find that rate anywhere. Can anyone confirm those rates please?

Thanks!

 

[J Peugeot]

Hi,
Thanks for this awesome Spreadsheet.
I have a question about the 1% rate for 72 or 84 months as well as 0.50% for 60 months offered by WheelhouseCU on it. I have been unable to find that rate anywhere. Can anyone confirm those rates please?

Thanks!

I just comtacted the lending supervisor and she confirms that their best rate starts at 2.99%. They will not honor the .50% or 1%.

 

[J Peugeot]

I just contacted the lending supervisor and she confirms that their best rate starts at 2.99%. They will not honor the .50% or 1%.

 

[DrTCS]

Thank you.

 

[Rawlings2019]

Anyone know if the DeltaCommunity, Pasadena CU, or TowerFCU require residence in the states that the spreadsheet lists? Or can you use them living in the midwest?

 

[BulletToothWoo]

Yes. I just got pre-approved by Pasadena for 3.74 for 60 months. Unfortunately, if you want the extra point to get to 2.74, you have to open a checking account with auto debit and apply for a visa that must be open for the life of the loan. I’m over these rates and hoops.

 

[BulletToothWoo]

I’m in Colorado, by the way.

 

[Rawlings2019]

I’m in Colorado, by the way.

for 2.74 I don't mind opening a visa, do you have to use it, and by auto debit does that mean I have to setup my work payroll to be automatically sent to their checking or just setup the car to be automatically paid through their account? I guess I can setup a wire transfer from my current bank to their checking so that the car be paid automatically every month right?

 

[BulletToothWoo]

for 2.74 I don't mind opening a visa, do you have to use it, and by auto debit does that mean I have to setup my work payroll to be automatically sent to their checking or just setup the car to be automatically paid through their account? I guess I can setup a wire transfer from my current bank to their checking so that the car be paid automatically every month right?

My impression is that you just have to have the car autopay from the account. I was planning to have LightStream rate beat, but I’ve already donate 25$ to the Pasadena library and opened a 5$ savings account, and will still need to get a checking account and visa just to then not take their loan and go to LightStream to get an unsecured loan .1% discounted (2.64). Ugh. My last two auto loans were 0% for 48 months and 1.74% for 60 months direct from the lenders. This just feels painful.

 

[Rawlings2019]

My impression is that you just have to have the car autopay from the account. I was planning to have LightStream rate beat, but I’ve already donate 25$ to the Pasadena library and opened a 5$ savings account, and will still need to get a checking account and visa just to then not take their loan and go to LightStream to get an unsecured loan .1% discounted (2.64). Ugh. My last two auto loans were 0% for 48 months and 1.74% for 60 months direct from the lenders. This just feels painful.

I hear ya, rates are steadily going up and getting harder to get 1.99-3% I recently had an unsecured with lightstream for 48 months that I ended up paying off within a year. It is nice being unsecured its your car no lien.

 

[gflight2002]

I just got 1.99% from APL Credit Union, the rates the same for all terms up to and including 84 months. You have to be a APL Credit union member. They were very good to work with...a very painless process. I would never have known about APL except for this forum...so a big thanks!

 

[J1nx440]

I just got 1.99% from APL Credit Union, the rates the same for all terms up to and including 84 months. You have to be a APL Credit union member. They were very good to work with...a very painless process. I would never have known about APL except for this forum...so a big thanks!

Are you a member I live in Maryland one county over. Don’t know if it’s work calling I would open an account if they let me

 

[gflight2002]

Are you a member I live in Maryland one county over. Don’t know if it’s work calling I would open an account if they let me

Yes, I am a member and work in Howard County...they are very strict with their membership...you have to either live or work there.

 

[Rawlings2019]

The loan google drive document is all errors, I went back to look at it today

 

[T3slaMecca]

The loan google drive document is all errors, I went back to look at it today

It's fixed now

 

[VQTRVA]

I wonder if thats why they increased the rated compared to whats published on their site. Your credit score is healthy.

736 is NOT healthy.
It's actually average to below avg.

 

[ducktales]

736 is NOT healthy.
It's actually average to below avg.

Meh. Went through Tesla at 3.99 and called it a day.

 

[mewantcookiez]

For anyone in Mass, check out Sharon Credit Union. They gave me 2.75% at 72 months.