![]() As your delivery date approaches, Tesla will prompt you to apply for financing. If you do, you’ll need to follow these steps: How do I finance my vehicle with a third-party? You can choose to secure financing for your vehicle purchase outside of Tesla. Otherwise, you’ll be able to submit a credit application in your Tesla Account once your vehicle order is placed. You may, however, seek pre-approval through your own bank. Will there be a hard pull of my credit? At least one hard pull of your credit report is required however, for some applicants, additional inquiries may be needed as Tesla works to find you the best credit offer possible.Ĭan I get pre-approved for financing before I configure and order a vehicle? Tesla does not currently offer a credit pre-approval process. There are no lender or application fees to apply for lending. Unfortunately, business-only, trust and commercial finance applications are not accepted at this time.Īre there fees to submitting a credit application? No. ![]() For applications supported by a small business, the credit report of the individual applicant will be used to assess the application. The name on the credit application must match the name of the vehicle registration and this person must take delivery of the vehicle. States: AZ, CA, CO, FL, GA, HI, ID, IL, IN, MA, MD, MN, MO, NV, NJ, NY, NC, OH, OR, PA, RI, TN, TX, UT, VA, WA. Who can apply? Tesla lending is available for applicants in the following If your delivery date falls after your credit application expires, you may need to start a new application. The credit approvals are valid to up to 60 days depending on the lender. When should I start the credit application? You can apply any time after you place your vehicle order. In the event that your credit application is denied, a member of the Tesla team will contact you within one business day of the decision to discuss next steps. Once approved, you can accept the financing offer in your Tesla Account and a Tesla Advisor will reach out to you with next steps to take delivery of your Tesla. You will be notified of the credit decision within the ‘Payment Method’ section of your Tesla Account.If your information changes or your credit approval expires, you can resubmit your credit application by following the same steps above. Tesla will review your credit application upon submission. ![]() Learn more about financing with a third-party lender. As your delivery date approaches, Tesla will prompt you to confirm your lienholder’s information and provide payment or proof of payment for the amount due. If you prefer to finance with a third-party lender: Review the amount due and provide your lender’s information and the amount you’d like to finance. ![]() Complete your application by submitting your social security number, phone number and residence and employment information. Review the price details to continue your application. If you prefer to finance with Tesla: Select Tesla as your financier and confirm the amount to finance and your preferred monthly payment and loan term.Select ‘Loan.’ Please note that you must be over the age of 18 and have a social security number to submit a credit application.In the ‘Payment Method’ section of your Tesla Account, view the financing options available to you by selecting ‘Finance.’.States: AZ, CA, CO, FL, GA, HI, ID, IL, IN, MA, MD, MN, MO, MS, NV, NJ, NY, NC, OH, OR, PA, RI, TN, TX, UT, VA, WA. To qualify for Tesla lending, you must take delivery in one of the following After placing an order, sign in to your Tesla Account to review and confirm your delivery, registration and trade-in details.
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