Was this a 3? If so, did you do 'cash' or 'finance it myself' for payment method? And if the latter, did they eventually let you know when it was time to set up financing & etc?
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Why bother with final payment in advance?
- Thread starter BlueWRXPride
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Was this a 3? If so, did you do 'cash' or 'finance it myself' for payment method? And if the latter, did they eventually let you know when it was time to set up financing & etc?
Have used personal checks twice - no issues. Leased did not buy, but for second, stepped out early and had to pay remainder of term. Did not pay in advance, definitely would not pay in advance.
It was is 3 and I did cash pay, so I didn’t have to deal with financing. I did a trade-is, so that did cause some delay. Once the trade-in deal was set, they opened the payment screen and asked me to make payment. I did an ACH payment. They, then called me immediately (within a few hours) to schedule delivery for 14 days out.
I know there are others on here who have financed the 3 in Texas.
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What other paperwork did you have to sign and send? I know there used to be this complicated dance of documents shuttling back and forth but always seemed in flux as the Model 3 was ramping up. What's the process like now? I posted the question on the Texas board here about the details of the current procedure but unfortunately haven't seen a reply yet.
TL,DR: 2 FedEx packets, one for trade in one for TX registration.
Paper work seems to be pretty streamlined. My ISA reached out via email to confirm details such as registration, financing/cash pay, and trade-in. At this point she provided my VIN on request. I did a trade-in which required me to submit photos and some details about the car. I also to the car to Carmax. Tesla gave me the standard lowball offer. I showed my ISA the carmax appraisal offer and Tesla matched it ($1250 increase in the offer). At that point, tesla fedex overnighted me trade in documents for me to sign. I sent back the title and the signed trade in agreement using a prepaid FedEx label. Finally, I made final payment for my balance via ACH.
At that point my ISA called me and scheduled delivery. In on the call and in the confirmation email, I was informed that there would be one more Fedex. I was told that I had to complete it before delivery and bring it to deliver. I was told that they wont be able to help me at the delivery, must be completed in advance. Here is what the email said:
Well I'm shopping for financing now since it's not looking like 3-5 months for me after all - I got an email saying I was assigned a VIN and asking for my pre-approval letter.
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