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Tesla's CPO loan rates?

Discussion in 'Model S: Ordering, Production, Delivery' started by shanejackson, Sep 6, 2018.

  1. shanejackson

    shanejackson Member

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    May 19, 2018
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    Anyone get recent quotes from Tesla on a CPO loan? Trying to see if it would be worth applying thru Tesla or just going to my credit union for the loan...
     
  2. Sprandt23

    Sprandt23 Member

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    St. Louis
    Not sure if it has changed, but when I bought mine right about a year ago, Tesla did not do its own financing on CPO, only new vehicles. They had 'preferred' partners that you could contact, but it was a CU out of Chicago I believe. I just went with my own local CU and rates seemed comparable.
     
  3. Sam808

    Sam808 New Member

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    Sep 2, 2018
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    Location:
    San Diego
    I just purchased my CPO and took Tesla's financing, it was BMO Harris Bank at 4.79% for 72 months.
     
  4. glide

    glide Active Member

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    Tesla was a point higher than my local CU
     
  5. shanejackson

    shanejackson Member

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    looks like lightstream has better rates... if I can get approved...
     
  6. Mensrea

    Mensrea Member

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    Aug 26, 2018
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    Location:
    Arizona
    Same here, it was a full % higher than the credit union.
     
  7. shanejackson

    shanejackson Member

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    May 19, 2018
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    Location:
    28043
    lightstream a waste of time. Approved but for a higher than advertised rate. Credit score 820, cash in bank 2x the requested loan amount, equity in home 7x the requested loan amount.... really lightstream!?! NO THANKS!!!
     
  8. Hokiiz

    Hokiiz Member

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    Sep 1, 2018
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    Virginia

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