Tesla's CPO loan rates?

[shanejackson]

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...

 

[Sprandt23]

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.

 

[Sam808]

I just purchased my CPO and took Tesla's financing, it was BMO Harris Bank at 4.79% for 72 months.

 

[glide]

Tesla was a point higher than my local CU

 

[shanejackson]

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

 

[Mensrea]

Same here, it was a full % higher than the credit union.

 

[shanejackson]

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!!!

 

[Hokiiz]

I went through Home - Park View Federal Credit Union 2 weeks ago for my cpo ms and got a 1.99% rate for 60 months. Everything was done over the phone/email and over all painless.