What is the procedure for applying for Tesla finance ?

[ginstwin]

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

 

[Majerus]

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.

 

[ginstwin]

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

 

[joshuaeven]

Once my delivery button was activated, I could apply for the financing.

 

[ginstwin]

Once my delivery button was activated, I could apply for the financing.

Thats great, thanks for the info.

 

[Doug Martoccia]

So, has anyone been approved for financing through Tesla?

 

[joshuaeven]

Several of us.

 

[gmtom1]

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?

 

[Robbo]

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.