Best Loan Rates

[StainlessVoyager]

After submitting my FS reservation, I got the invite to complete delivery tasks.
I am planning to start with Tesla Financing but at the same time try and apply for some auto loans with better rates.
Currently Tesla is offering 6.49% for 72 month. Did you guys find better good rates?

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[jf64k]

4.99% up to 75 months at University of Illinois CU (730 or higher).

Super-easy to join and very friendly to work with.

https://www.uoficreditunion.org/loans/auto-loans/

 

[Cybertruck26]

4.99% up to 75 months at University of Illinois CU (730 or higher).

Super-easy to join and very friendly to work with.

https://www.uoficreditunion.org/loans/auto-loans/

Do you happen to know how long they lock in your rate?

 

[jf64k]

Do you happen to know how long they lock in your rate?

I don‘t, sorry.

 

[Cybertruck26]

No apologies necessary, appreciate all the info.

 

[armywildcat]

Navy Federal Credit Union: 5.29% for 72 months

 

[OUTLAW]

Do you happen to know how long they lock in your rate?

6.25 % now.

 

[StainlessVoyager]

Navy Federal Credit Union: 5.29% for 72 months

Is that military only, can a self employed person become a member. Looking on their website I did not see a way

 

[thedownwardmachine]

In general if you go with a credit union you will get lower rates. Why? Because they are non-profits, technically cooperatives, and not having to pay investors nor taxes means they can charge you less.

So pick any credit union and you're ahead of the game.

 

[djobleezy]

I just redid my loan application through Tesla and got 6.42% for 72 months, CS of ~760.

 

[hulkdallas]

After submitting my FS reservation, I got the invite to complete delivery tasks.
I am planning to start with Tesla Financing but at the same time try and apply for some auto loans with better rates.
Currently Tesla is offering 6.49% for 72 month. Did you guys find better good rates?

Most credit unions have better rates... I went with Navy Federal CU and got 4.25%... all online app, approved and day, can pick up the check and sign papers at a branch once the truck is ready.

 

[jf64k]

4.99% up to 75 months at University of Illinois CU (730 or higher).

Super-easy to join and very friendly to work with.

https://www.uoficreditunion.org/loans/auto-loans/

Do you happen to know how long they lock in your rate?

Just heard back from UofI CU.

Rate lock is for 60 days.

 

[StainlessVoyager]

My tesla financing is approved but I will shop around. Was hoping April will bring updated rates

 

[Timthehelipilot]

I just redid my loan application through Tesla and got 6.42% for 72 months, CS of ~760.

Any down payment? Loan amount? Thanks. Still looking around as I await my vin

 

[h_corey]

How long does it take to get an answer from the tesla financing? Minutes? Hours? Days?

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