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What is the procedure for applying for Tesla finance ?

Discussion in 'Model S: Ordering, Production, Delivery' started by ginstwin, Apr 11, 2013.

  1. ginstwin

    ginstwin Member

    Joined:
    Mar 27, 2013
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    Location:
    Clearwater, Florida
    Hi i am a newbie , i recently was fortunate enough to see a Model S close up thanks to a kind member.

    I am considering buying but want to understand the Tesla finance process.

    I have credit score of 800+ and can fund a substantial deposit so should qualify for the 1.99 %

    Im interested in the buy back guarantee but dont understand who i contact,

    Do i contact wells fargo directly or is it via Tesla?

    If so is it on the order page as i cant see the details.

    thanks
     
  2. Majerus

    Majerus Member

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    I would use the call me feature on the site and speak with a rep who will be able to point you in the right direction.

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  3. ginstwin

    ginstwin Member

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    Location:
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    Will do. I also read on another thread that the finance option is displayed once you make an online reservation.
     
  4. joshuaeven

    joshuaeven Member

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    Portland, OR
    Once my delivery button was activated, I could apply for the financing.
     
  5. ginstwin

    ginstwin Member

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    Thats great, thanks for the info.
     
  6. Doug Martoccia

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    So, has anyone been approved for financing through Tesla?
     
  7. joshuaeven

    joshuaeven Member

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    Several of us.
     
  8. gmtom1

    gmtom1 Member

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    So if you finance through Tesla, is it as simple as it sounds, in that everything is taken care of internally and I don't have to bother with submitting payment during the delivery process, etc.? Also, it's advertised as no money down, as they take your tax credit instead. True?
     
  9. Robbo

    Robbo Member

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    Location:
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    You will get an email from Tesla Finance telling you that you have even approved for a loan of up to $X at Y% by either US Bank or Wells.
     

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