Tesla loan comparison spreadsheet - auto updates hourly

[YYZ2LAX]

I was quoted 1.64% from BofA for 60 months.

 

[tech_nerd]

I was quoted 1.64% from BofA for 60 months.

Damn, how'd you get that? Their website advertises the lowest of 2.19%

 

[YYZ2LAX]

Damn, how'd you get that? Their website advertises the lowest of 2.19%

I am a BofA customer and received a discount. You should check with your bank or credit union if they offer any discounts to existing customers.

 

[bro1999]

Seems like (excluding special discount rates only certain people qualify for) 1.99% for 72 months is pretty much the floor for loans at the moment, huh?

 

[Lrmatthews18]

APL. If approved, they offer 0-84 month financing for new and used cars @1.99%. No varying rates; you qualify, you get 1.99% for any term they offer.

Thank you for posting this. I live in PG County but work in Howard County and I’m going to try and get my MY financing with APL. I called today and spoke with a loan officer.

 

[tech_nerd]

Seems like (excluding special discount rates only certain people qualify for) 1.99% for 72 months is pretty much the floor for loans at the moment, huh?

I believe so, that's what I got mine lowered to.

 

[TrilithEV]

Wells Fargo (via Tesla) offered me 2.49% for 48 months. Local credit union offered me 1.61% and I was able to get Tesla to match the rate.

 

[supermain3]

Wells Fargo (via Tesla) offered me 2.49% for 48 months. Local credit union offered me 1.61% and I was able to get Tesla to match the rate.

Which credit union was that? Delta? Also in ATL area

 

[knightriderY]

DCU offered 0.58 for 60months, Chase (Tesla) matched 0.98 for 60 months.
Initially Wellsfargo 2.49%, then Chase 2.35%.

 

[bro1999]

View attachment 671861

DCU offered 0.58 for 60months, Chase (Tesla) matched 0.98 for 60 months.
Initially Wellsfargo 2.49%, then Chase 2.35%.

What the frunk!!

 

[knightriderY]

What the frunk!!

I know right, I just happened to see this thread and the sheet...I thought DCU had a typo first. My credit score is now jst hovering over 750 due to the recent mortagae and solar panel hard pulls. Also my history is perfect, I dont know what kind of woodoo numbers made this happen.

 

[TrilithEV]

Which credit union was that? Delta? Also in ATL area

The Southern Credit Union

 

[Eddie509]

Lol they quoted me 3.6% despite me having nearly an 800 FICO score.
Some local credit union supposedly offers 1.99%, so I'm waiting to see what they say.

Same with me! I thought that Tesla wouldn’t give me their 2.49% floor rate after getting the 3.6% with penfed. I just placed the order on Friday and applied for financing right away (premature apparently). I did get the Tesla 2.49 but I’m going to wait a little before I try at other places.

 

[Hypnosis]

How long are the TD auto finance quotes good for? I just emailed my SA and they said the offer is only good until the end of the month? Do they start counting the 30 days from when they conditionally offer you the rate?

 

[hchu0304]

How long are the TD auto finance quotes good for? I just emailed my SA and they said the offer is only good until the end of the month? Do they start counting the 30 days from when they conditionally offer you the rate?

yes 30 days when you get approved. Usually best to do financing 30 days prior to your delivery or once you get your VIN

 

[techlogik]

Best I found was BofA for 72mo at 2.29%. Guess I will have Tesla match it. BofA will match anybody with approvals. But, couldn't find anything lower for a 72mo.

 

[CarolinaBMXers]

Thanks for doing this......i did get 1.99% at Carolinacu.com credit union...in Gastonia.....worked well, very easy....

 

[techlogik]

Best I found was BofA for 72mo at 2.29%. Guess I will have Tesla match it. BofA will match anybody with approvals. But, couldn't find anything lower for a 72mo.

Also, who do you talk to so they will match the rate at Tesla and their bank? The main Tesla number and ask for finance?

 

[hchu0304]

Also, who do you talk to so they will match the rate at Tesla and their bank? The main Tesla number and ask for finance?

you would have to email them but they are pretty quick at getting back to you the same day. [email protected]

 

[techlogik]

you would have to email them but they are pretty quick at getting back to you the same day. [email protected]

Actually, contacted them, they said to contact [email protected] to handle interest rate matches.

It then gives an auto response they are looking into the rate match and will get back within 1-2 days. I uploaded the loan letter I had with the rate offered and info.