Spiderman3200
New Member
I can send a referral code. Just list your email ok PM me.Needing a referral - gah! Please help
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I can send a referral code. Just list your email ok PM me.Needing a referral - gah! Please help
Wondering the same thing.Has anyone actually used DCU for their Tesla loan? Is there any downside with actually going with them vs. trying to get Tesla to rate match?
24-48 hours from what I was toldHow long does it usually take to get the DCU application approved?
damn I applied Friday around 2pm and still have not been approved24-48 hours from what I was told
Good morning all. This is incredibly helpful and much appreciated. Based on the steps listed I have a question—should I wait for VIN to be issued BEFORE choosing “cash“ option for reservation financing (I’ve completed all the other parts of the profile to “prepare for delivery”)?Someone wrote a step by step instruction on how to get a document from DCU so Tesla can rate match. I'll copy it below.
Hopefully this helps out some people who are working on getting a good rate on their new car. I found out today that Tesla will rate-match the 1.24% 65mo loan from DCU (Digital Federal Credit Union) at 72 months. The steps I followed:
- Have good credit, reserve a tesla, wait for your VIN number
- Get a code and join DCU (Any existing members can provide one....message me if you need one). Open a checking and savings account (both free). You need the checking account to get the 0.5% direct deposit discount on the loan.
- Apply for a 65 month loan from DCU for the full price of the car (minus taxes/reg fee)
- Set your tesla reservation financing to Cash. This should cause the MVPA (purchase agreement) to show up on your account. If you don't get an MVPA you can email [email protected] to ask for one to be expedited
- Upload your MVPA (along with other required documents) to the DCU loan application.
- Call DCU (extension 9150) to tell them the application is complete. If you are approved they will send over the loan agreement DocuSign. Print this to PDF.
- Send the loan agreement PDF to [email protected] and ask for a match at 1.24% for 72mo.
- Once the loan is set up with tesla, reject the DocuSign and call DCU to cancel the loan
Just got done with this process. Thanks so much for positing this, it helped a lot!Someone wrote a step by step instruction on how to get a document from DCU so Tesla can rate match. I'll copy it below.
Hopefully this helps out some people who are working on getting a good rate on their new car. I found out today that Tesla will rate-match the 1.24% 65mo loan from DCU (Digital Federal Credit Union) at 72 months. The steps I followed:
- Have good credit, reserve a tesla, wait for your VIN number
- Get a code and join DCU (Any existing members can provide one....message me if you need one). Open a checking and savings account (both free). You need the checking account to get the 0.5% direct deposit discount on the loan.
- Apply for a 65 month loan from DCU for the full price of the car (minus taxes/reg fee)
- Set your tesla reservation financing to Cash. This should cause the MVPA (purchase agreement) to show up on your account. If you don't get an MVPA you can email [email protected] to ask for one to be expedited
- Upload your MVPA (along with other required documents) to the DCU loan application.
- Call DCU (extension 9150) to tell them the application is complete. If you are approved they will send over the loan agreement DocuSign. Print this to PDF.
- Send the loan agreement PDF to [email protected] and ask for a match at 1.24% for 72mo.
- Once the loan is set up with tesla, reject the DocuSign and call DCU to cancel the loan
Hey, would you mind DMing me for a DCU referral? I can’t send DMs yet as a new member (ordered last week, expecting M3P delivery this weekend).Just got my DCU account approved.
If anyone else needs a referal, message me your full name and email
Congrats!!Applied for loan at DCU yesterday, within an hour got the DocuSign documents, which I saved and sent to Tesla to ratematch. By 6:00 PM EST I was able to secure a 72 month loan at 1.24%.
Now I'm on the phone, estimated wait of 2-3 hours, waiting to reject the loan and cancel the application. I feel bad that I used the credit union only for a rate match. Must have a ton of applicants who are using them for a ratematch with Tesla.
Hi @GrayFawkes , I'm not able to message on here yet but I'd also like a referral if possible!Just got my DCU account approved.
If anyone else needs a referal, message me your full name and email
Please send a referral code.Just got done with this process. Thanks so much for positing this, it helped a lot!
Sent you a DMHi @GrayFawkes , I'm not able to message on here yet but I'd also like a referral if possible!
Sent you a DMPlease send a referral code.
Can I get a referral code? thanks,Sent you a DM
Sent you a DM