SierraQ
Member
Hi!
My current spec on the website equals to 52,990.00 before I order. I read somewhere that orders in Texas are not immediately taxed and have to be paid within 30 days of receiving the car. Is this true? If that's the case when applying for a loan, should I include fees + taxes in my loan request or should I pay taxes separately out of my pocket? When does my down payment apply in the loan process?
I noticed my bank's truth-in-lending disclosure has a line for Tesla AND for taxes--basically showing where the money from the loan was going. The taxes line was a zero because am paying taxes out of pocket but there is no reason the loan cannot include taxes. I think you just need to talk to your bank lender and get them to factor that in. I presume they would then send part of the loan to the DMV or maybe directly to you to pay your tax.