Tesla Non-Refundable Order Fee Increased to $250

[SDM44]

How did you get 1.24% WTH? Mine is 2.49? I have above 800 credit.

800 is low rent. I have 1000+ credit



For real though, check out the financing thread in this forum. Lots of info & instructions in there, including full details I posted up in the last couple of days on my own experience.

Best interest rate via Tesla financing?

I was just approved for 2.75% @ 72 months no down payment. Not sure if I'll keep that but it does appear to be a competitive rate I ordered 3/1/2020 Blue performance, Black Int, FSD, standard wheels In the " drafting contract " status as of yesterday

teslamotorsclub.com

 

[MP3Mike]

Mine did, as it's called an Order Deposit.

That must have been an old order, when they were collecting a deposit instead of charging an order fee.

 

[SDM44]

That must have been an old order, when they were collecting a deposit instead of charging an order fee.

7/15/21 order. Only a month old.

 

[MP3Mike]

7/15/21 order. Only a month old.

In that case are you sure that the order fee isn't include in the break down of your "Total Cost of Vehicle" figure?

 

[SDM44]

In that case are you sure that the order fee isn't include in the break down of your "Total Cost of Vehicle" figure?

It's not. I just checked the entire total cost and price breakdown for everything.

I know that since I finalized my loan and paid the ACH payment, I can see a lot more detail that I could prior to receiving my VIN. Either way, I checked and sure enough the $100 order fee was applied towards the price of the car, just as I posted above with the screen shot.

 

[Tony_YYZ]

Yep. It's called out directly as an "Order Fee"

View attachment 699230

That must have been an old order, when they were collecting a deposit instead of charging an order fee.

Its always been a deposit towards the purchase price. This is the first I'm hearing that it isn't for some people.

My Model 3 $1k went towards the car and my July 30th Model Y order is showing the same as well.

 

[OCJeff]

It may be different in Canada.

 

[slicednotdiced]

I like how all the articles say Tesla “quietly” updated the fee/deposit. Like what did they want them to do? Call a press conference or do a news release? BREAKING NEWS: We decided to up order fee to $250, we know people will still order. There will be no questions, that is all.

 

[Tony_YYZ]

It may be different in Canada.

Someone posted above who looks to be in California shows it as a deposit as well.


Also just confirmed with a friend in Texas that his X order shows it as a deposit too.

 

[YHZ-Owner]

Yes, it's a deposit, not an ordering fee. Anyone who says it's an ordering fee is mistaken, as most people in this thread have confirmed. It doesn't matter if it's Canada or the United States. Plenty of people in the US here and on Reddit have confirmed that it will be applied to offset their final price.

 

[bro1999]

Yes, it's a deposit, not an ordering fee. Anyone who says it's an ordering fee is mistaken, as most people in this thread have confirmed. It doesn't matter if it's Canada or the United States. Plenty of people in the US here and on Reddit have confirmed that it will be applied to offset their final price.

It IS a fee. You pay the fee, then get credited it back, but it doesn't knock the price of the car down any.
Car costs $40k, you pay the $250 fee. At final payment time, you get credited back the $250, but you still owe the original $40k. A true deposit would have you owing only $39,750.

 

[YHZ-Owner]

It IS a fee. You pay the fee, then get credited it back, but it doesn't knock the price of the car down any.
Car costs $40k, you pay the $250 fee. At final payment time, you get credited back the $250, but you still owe the original $40k. A true deposit would have you owing only $39,750.

Yup! It's not as if any one is out any additional money in the end if they buy a car with this increase from $100 to $250. You get it back.

 

[tsam23]

People got to outrage on everything and anything . From EDD to increase of fee to everything !

 

[MP3Mike]

Yup! It's not as if any one is out any additional money in the end if they buy a car with this increase from $100 to $250. You get it back.

No you don't. It is a non-refundable order fee. It does not get applied to the price of the vehicle.

 

[tsam23]

No you don't. It is a non-refundable order fee. It does not get applied to the price of the vehicle.

Wrong! It does get applied to price of the vehicle when you take delivery. If you cancel the reservation then you loose that deposit.

 

[Tony_YYZ]

It absolutely does count towards the purchase price. Others and myself have posted screenshots showing proof that it does. My screenshot shows it reducing the final cost well before I'm in any position to take delivery.

 

[OCJeff]

It absolutely does count towards the purchase price. Others and myself have posted screenshots showing proof that it does. My screenshot shows it reducing the final cost well before I'm in any position to take delivery.

You are in Canada. Different rules apply. They charge a $100 order fee. And then you get a $100 deposit credit to offset that fee. That’s in addition to the price of the vehicle. Here in the US and in California it’s a fee you pay to place the order. It does not apply to the price of the vehicle.

 

[tsam23]

You are in Canada. Different rules apply. They charge a $100 order fee. And then you get a $100 deposit credit to offset that fee. That’s in addition to the price of the vehicle. Here in the US and in California it’s a fee you pay to place the order. It does not apply to the price of the vehicle.

“In the US and in California”

 

[Mingilicious]

Yep. It's called out directly as an "Order Fee"

View attachment 699230

 

[bro1999]

Wrong! It does get applied to price of the vehicle when you take delivery. If you cancel the reservation then you loose that deposit.

I feel like I'm taking crazy pills.