My $0.02. Get a loan that is only good for 30 days (and can't pick up the phone to get it extended?)? Sell the old car before taking delivery??? Really? Have you guys lived a charmed life or something or am I particularly unfortunate? I mean, when I am told my couch, new refrigerator, cable TV, phone, Amazon book, ANYTHING FREAKING THING, is going to get delivered on a certain date, it is anyone's guess when I'll actually get it. %^&*^ happens to companies ALL THE TIME, and they are at the mercy of THEIR suppliers.
Way to rush to judgement there. The bank told me they couldn't issue a loan longer than 30 days. It was considered a "pre-approval" until I take delivery of the car, at which point it becomes an official approval. You have to understand that the bank is used to approving traditional loans where people are trading a car in on something that is already sitting on a dealership lot somewhere, so waiting over a month is not normal to them. They're not used to approving loans for cars that are yet to be built. As for selling my car, it was a condition from the bank. Since I have a loan out for my current car and Tesla obviously does not take trade-ins, I'm responsible for selling it myself. Therefore, I kind of have to sell it when there's a buyer for it rather than just giving it to the dealership to use toward down payment on my new car. Sometimes if you just think a bit there's a rational explanation.