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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. DirtnStreet

    DirtnStreet Member

    Joined:
    Aug 16, 2018
    Messages:
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    Location:
    North Carolina
    The spreadsheet shows Allegacy Credit Union at 3.99%. They actually have 3.19% up to 66 months for good credit.
     
  2. T3slaMecca

    T3slaMecca Member

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    Location:
    California
    It shows 3.19 to me, probably needed to update. It updates every 4 hours.
     
  3. endollan

    endollan New Member

    Joined:
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    Location:
    91007
    I hope others have better luck with finding a low rate in the SoCal area. I've looked at Pasadena FCU and opened an account to discover that I can't read because the rate of 2.74 is AFTER you have a checking account(with auto pay) and a credit card application. Without doing that they just send you a PDF of the amount they loan you, ie(You're approved for $35,000). No term or rate indicating anything.

    Also applied with BoA and got 3.54% and that was easily approved. I'll fall to this rate if I can't find anywhere else.

    How are everyone doing the lightstream rate beat approval especially when having them beat PFCU? Do you call them up and tell them to beat the PFCU website rate? or do you have to present the final loan amount that PFCU send you?
     
    • Helpful x 1
  4. Neon001

    Neon001 Member

    Joined:
    May 12, 2019
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    Location:
    Md
    What was the term for the BoA loan? 60 months?

    I'm slow curious how folks are getting lightstream to match an auto loan (collateral) with a personal loan. Just looking at the website it pretty clearly states it needs to be an equivalent loan in all terms (duration, type, etc) for the match to be honored. Would love to use them again if I can, especially if it means I can avoid a lien.
     
  5. endollan

    endollan New Member

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    The BoA loan was for 60 months at 3.49%
     
    • Helpful x 1
  6. Neon001

    Neon001 Member

    Joined:
    May 12, 2019
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    Location:
    Md
    I'm not sure what the protocol is about adding other banks/credit unions to the spreadsheet, so I'll just list the info here.

    Freedom Federal Credit Union has the following rates for new vehicle purchases:
    Up to 48 months - 2.89%
    49-63 months - 3.29%
    64-75 months - 3.74%
    76-84 months (min $20k) - 4.65%

    Stipulations: rates include a 0.25% discount for having e-statements (as opposed to paper) and automated payments

    Membership qualifications: "Membership in Freedom Federal Credit Union is open to anyone who lives, works, worships, attends school, volunteers, or has family in Harford County [MD]"

    Rates aren't the best out there, but they certainly beat Navy Federal, Pentagon Federal, and APG Federal for those of us in Harford County, and honestly their qualifications are so broad folks well outside of Harford could no doubt qualify.
     
  7. Jazz_MIII

    Jazz_MIII Member

    Joined:
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    Location:
    Sacratomato, CA
    Wow nice, I added some local Northern CA Credit Unions, Schools FCU and SAFE!
     
  8. hcook24

    hcook24 Member

    Joined:
    Apr 1, 2019
    Messages:
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    Location:
    Orange County, CA
    Got this info from my guy at my credit union; Kinecta FCU in Tustin, CA

    These are the "As low as" rates for new 2019 vehicles. They assume a .25% discount for auto payments from a kinecta membership and top tier credit. Increasing the term increases the rate, and upon approval you're required to open a membership either online or in person. Membership is open to ANYONE in the US; if you don't live, or work in their select zip codes (Southern CA basically), or have a direct family member/household member that's a member, or work for one of their select employer groups (you can find those on their website www.kinecta.org) then they can qualify you through the Santa Monica Co-op, which is usually a $10 charge but they're covering it for new members right now. Anyway, here are the rates:

    Up to 48 months: 3.14%
    Up to 60 months: 3.64% (min. $10,000)
    Up to 72 months: 3.79% (min. $15,000)
    Up to 84 months: 4.09% (min. $25,000)

    Here's the contact info if you have any other questions:
    phone: (714)259-1354 ask for Hassan
    email: [email protected]
     
  9. endollan

    endollan New Member

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    Location:
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    After calling multiple credit unions got tired and went with this https://fpcu.org

    They were offering 2.99% for 60 months.
     
  10. ntpphong

    ntpphong Member

    Joined:
    Tuesday
    Messages:
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    Location:
    CA
    Went with LAFCU, very smooth process. 84mo 3.24% with membership.
     
  11. oneplusinc

    oneplusinc Member

    Joined:
    Jul 30, 2018
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    Location:
    Maryland
    We got a Fairwinds CU loan... 0.89% for 36mos
     
  12. aa007

    aa007 New Member

    Joined:
    May 3, 2019
    Messages:
    4
    Location:
    California
    Are you referring to LA FInancial CU, or LA federal CU? Can I ask what you're credit rating needed to be to get this rate?
     
  13. ntpphong

    ntpphong Member

    Joined:
    Tuesday
    Messages:
    23
    Location:
    CA
    LA Financial CU, my wife and I are both 800+, but according to the loan lady, they consider only the highest score if you have co-sign.
     
  14. aa007

    aa007 New Member

    Joined:
    May 3, 2019
    Messages:
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    Location:
    California
    Thanks for the clarification!
     

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