TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC

What is the procedure for applying for Tesla finance ?

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

Tags:
  1. ginstwin

    ginstwin Member

    Joined:
    Mar 27, 2013
    Messages:
    35
    Location:
    Dallas,Tx
    #1 ginstwin, Apr 11, 2013
    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

    Joined:
    Jan 21, 2010
    Messages:
    698
    Location:
    Illinois
    #2 Majerus, Apr 11, 2013
    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.

    Selection_014.png
     
  3. ginstwin

    ginstwin Member

    Joined:
    Mar 27, 2013
    Messages:
    35
    Location:
    Dallas,Tx
    #3 ginstwin, Apr 11, 2013
    Will do. I also read on another thread that the finance option is displayed once you make an online reservation.
     
  4. joshuaeven

    joshuaeven Member

    Joined:
    Nov 22, 2012
    Messages:
    246
    Location:
    Portland, OR
    #4 joshuaeven, Apr 11, 2013
    Once my delivery button was activated, I could apply for the financing.
     
  5. ginstwin

    ginstwin Member

    Joined:
    Mar 27, 2013
    Messages:
    35
    Location:
    Dallas,Tx
    #5 ginstwin, Apr 12, 2013
    Thats great, thanks for the info.
     
  6. Doug Martoccia

    Doug Martoccia Member

    Joined:
    Jan 5, 2013
    Messages:
    233
    Location:
    Hermosa Beach, California, United States
    #6 Doug Martoccia, Apr 12, 2013
    So, has anyone been approved for financing through Tesla?
     
  7. joshuaeven

    joshuaeven Member

    Joined:
    Nov 22, 2012
    Messages:
    246
    Location:
    Portland, OR
    #7 joshuaeven, Apr 12, 2013
    Several of us.
     
  8. gmtom1

    gmtom1 Member

    Joined:
    Apr 25, 2013
    Messages:
    851
    Location:
    Honolulu, HI
    #8 gmtom1, Jun 8, 2013
    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

    Joined:
    May 24, 2013
    Messages:
    120
    Location:
    Fairfield County, CT
    #9 Robbo, Jun 8, 2013
    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.
     
(You must log in or sign up to post here.)

Share This Page

  • About Us

    Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.

  • Meta

    Contact Us
    Advertise with Us
    Become a Vendor
    Terms of Service
    Privacy Policy

  • Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


    SUPPORT TMC
Toggle Width
Style
TMC 2016