Tesla model 3 financing

Oracle / R&D thenerdy
Dec 26, 2018 14 Comments

Curious to know how financing structure went for model 3 in Bay Area. I heard san mateo county has good offers. What about other parts of Bay Area?


Want to comment? LOG IN or SIGN UP
TOP 14 Comments
  • LinkedIn Wormhole
    If you need financing maybe by a cheaper car and focus on investing to grow your nest egg.

    I bought a model 3 and they are awesome, but paid by just typing account details into the Tesla portal so they could ACH the full price from the provided account.

    I lived cheaply when younger and focused on investing. 20+ years of compounding was worth it to live freely now.
    Dec 26, 2018 8
    • Microsoft kWKR23
      Best advice I have seen on blind
      Dec 26, 2018
    • Microsoft tingtang
      Let OP live how they want. They asked about financing. It’s their life let them live it. Stop gloating about your bank account. Besides at 3% or 4% loan interest, you could put the full amount in stock or the bank and wind up with more in interest than you would pay over the life of the loan.
      Dec 26, 2018
    • Apple LPPA
      A lot of people can fully afford the car and still chose financing. Totally agree with tingtang
      Dec 26, 2018
    • Microsoft / Eng 4’6 Indian
      Agree with ting tang. Also if you’re such a baller than why’d you only get the 3? Where’s the S? Poseur! 🤪
      Dec 26, 2018
    • Bank of The West / Consultant

      Bank of The West Consultant

      Cisco, eBay, NetApp, VMware
      Wormhole didn’t answer OP’s question but took time to state how great he/she is! Such a show off. kWKR23 unless sarcastic comes and praises him. Damm - Blind’s best right here 😂

      Unfortunately I don’t know much about tesla model3 financing other than that there is “no lease” option. The best thing is to finance vis credit union.
      Dec 27, 2018
    • Tableau / Eng

      Tableau Eng

      What a Wormhole. Do you bore your friends with your investment advice?
      Dec 27, 2018
    • T-Mobile led
      Wormhole - what's your TC and yoe? Or GTFO plz
      Dec 27, 2018
    • Google Fiidoakfcc
      With a 3% loan, I rather put the money in the market (ok, bad timing, but you get the concept) rather than in the car. It also helps my credit history.
      Dec 27, 2018
  • Amazon / Eng IAmJob
    I used Stanford credit union. 2.5%
    Dec 26, 2018 1
    • Google Fiidoakfcc
      It was probably >6 months ago, it raised to around 3.5% now
      Dec 27, 2018
  • Cisco NowGoogle
    Tesla offers 3.99%, you don’t have to use theirs...
    Dec 26, 2018 1
    • Google Fiidoakfcc
      Tesla does not do it themselves, they will forward your information to 4-5 banks and pick the best. They just make it easy...
      Dec 27, 2018
  • Apple LPPA
    I got 2.99 from TechCU
    Dec 26, 2018 0

Join verified employees in our anonymous social network! Download the app!