Jbapckfan
Member
5% is frustrating, but yeah you can certainly refinance lower at a credit union or your own bank. I called my bank and they said 3.75% which is also what my Telsa SA said he is generally seeing for people well-qualified
My current MYP that I financed (in part) because the rate was below 1.75% at Well's Fargo (not my personal bank) is something I wish I could tap into to buy the MXP. In my state if you trade in a vehicle you save on sales tax at the trade-in value so I suppose it makes sense if you can afford it to pay off your trade-in first if you have positive equity.
Please share with the class if you are finding an actual loan below 3% in the climate, particularly without a personal banking relationship, or being able to throw a few K into an account and calling that a relationship on short notice.
*** I am seeing a 2022 MXP in Tesla inventory for $149.9k (White/white with FSD 20" 137mi listed as "used") in Colma, CA right now ***
My current MYP that I financed (in part) because the rate was below 1.75% at Well's Fargo (not my personal bank) is something I wish I could tap into to buy the MXP. In my state if you trade in a vehicle you save on sales tax at the trade-in value so I suppose it makes sense if you can afford it to pay off your trade-in first if you have positive equity.
Please share with the class if you are finding an actual loan below 3% in the climate, particularly without a personal banking relationship, or being able to throw a few K into an account and calling that a relationship on short notice.
*** I am seeing a 2022 MXP in Tesla inventory for $149.9k (White/white with FSD 20" 137mi listed as "used") in Colma, CA right now ***
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