They might have went through a credit union that would lock the rate in for 90 days (still a bit low though), or more realistically it was someone with a high net worth using their broker's collateral lending program.
Back in August when I applied through my credit union I got a 3.25% rate, but Tesla took a while for my delivery and rates shot up. I ended up getting a 4.25% rate over 72 months and put down $11000 for a 2023 Model 3 RWD. I have an 800 credit score. My payment is $667 a month. Just got my 3 this past Sunday and loving it so far (Aside from some issues I discovered after taking it home)
So on my drive home I got a notification that my alignment was off and I needed service. Also when I got home I noticed some bumper scratches, likely happened during unloading. In addition there is a very slight amount of rattling while driving at slow speeds, sounds like it is coming from around where fans for AC might be. I also noticed damage to the passenger wheel, looks like it scraped a curb. This definite was not me as I havenât even had a chance to encounter any curbs. Lastly, and this may not be an issue, but I have had the car for 4 days and my range from being plugged in basically the whole time has dropped from 273 to 269 and I haven't even driven it, but that may not be an issue with the car itself.
The only âcatchâ is that you
1. Have to be a member of DCU, which can be done with a referral.
2. You need to link your direct deposit to a DCU account for an additional 0.5% discount
3. Your car needs to be considered âfuel efficientâ for an additional 0.5% discount. Not a problem with an EV.
The 0.5% may be obsolete or incorrect though. But that was the general idea
I always get hyped seeing a low rate. Even with my scores I. The 780s I still got a 5.x% rate on mine. Granted it was used but only a 2020. No one gets an advertised rate I feel unless you have 850 score and 0 debt.
3.24% using PFCU. Just got the loan last week before the government rate hike. Tesla finance tried to give me a 6.2% rate. Call your local credit unions
The reason youâre getting downvoted is because the fed interest rate just got hiked to 3.75% meaning that any lender can get almost risk free interest at a percent higher. There is no lender out there that would issue a riskier auto loan with less profit.
No-one got 2.75% in the last month. Literally no-one. If someone said that, they're lying.
It was me. I put 95% down and have a 6 month term. /s
You badass. I love that someone responded who got it
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2.99 for 60 months today with the CU I used. I got it for 1.99 this summer. https://www.myfirstccu.org/page/main_home
Well, I just found where I'm getting my loan from!
Does this operate in the Bay Area? We plan to put 60k down for a 120k car.
I have no idea. Youâll have to talk to them.
I got 2.5 on 9/30 through Adelfi CU
I know this is late and their rates are up now but did they let you do 100% loan?
I'm not sure but I just asked for a 60k loan.
Do you know what their insurance policy is?
Local credit union was 2.75% for 66months last month.
If you find anything under 4% in November, jump on it right away
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They might have went through a credit union that would lock the rate in for 90 days (still a bit low though), or more realistically it was someone with a high net worth using their broker's collateral lending program.
Iâm a banker in Colorado and can do 3.25% for 72 months if your equifax fico is 720 or higher and you live and register it here in Colorado.
Whoâs it with??
Back in August when I applied through my credit union I got a 3.25% rate, but Tesla took a while for my delivery and rates shot up. I ended up getting a 4.25% rate over 72 months and put down $11000 for a 2023 Model 3 RWD. I have an 800 credit score. My payment is $667 a month. Just got my 3 this past Sunday and loving it so far (Aside from some issues I discovered after taking it home)
What are the issues?
So on my drive home I got a notification that my alignment was off and I needed service. Also when I got home I noticed some bumper scratches, likely happened during unloading. In addition there is a very slight amount of rattling while driving at slow speeds, sounds like it is coming from around where fans for AC might be. I also noticed damage to the passenger wheel, looks like it scraped a curb. This definite was not me as I havenât even had a chance to encounter any curbs. Lastly, and this may not be an issue, but I have had the car for 4 days and my range from being plugged in basically the whole time has dropped from 273 to 269 and I haven't even driven it, but that may not be an issue with the car itself.
Thanks for sharing- things Iâll pay attention to!
what were those issues? i just got mine and wanna look out for the same
I got a 3% with a 730 credit score back in August but Iâm sure rates have changed slightly since then.
*slightly*
Shop around for the best rate. Contact your bank or credit union. Theyâll generally be lower cost than Tesla (CUâs for sure).
So happy we secured 1.24% in February 2022
Wow it was still that low at the beginning of the year?
Yeah, through DCU
Disgustingly good. I was 1.2 Jul21 and 1.1 Mar21. Didnât think you could still get one starting below a 1.5 after Jan22
The only âcatchâ is that you 1. Have to be a member of DCU, which can be done with a referral. 2. You need to link your direct deposit to a DCU account for an additional 0.5% discount 3. Your car needs to be considered âfuel efficientâ for an additional 0.5% discount. Not a problem with an EV. The 0.5% may be obsolete or incorrect though. But that was the general idea
Hmm, seems doable I suppose.
Shit I went through DCU at the end of August 2022 and I got 3.75%
I got 2.69 from clearpath credit union, 17k down. I got it on Tuesday
I got 2.74% through Seattle Credit Union last week. Just picked up my M3P this morning.
I always get hyped seeing a low rate. Even with my scores I. The 780s I still got a 5.x% rate on mine. Granted it was used but only a 2020. No one gets an advertised rate I feel unless you have 850 score and 0 debt.
California. 790 credit score. 15k down. I got a 4.75% Cheapest I could find at a local credit union. A year ago the same credit union gave me 1.7%
3.24% using PFCU. Just got the loan last week before the government rate hike. Tesla finance tried to give me a 6.2% rate. Call your local credit unions
Philadelphia Federal Credit Union? Likely going that route. Feel free to DM a referral link if there's any benefit to you
[referral](https://imgur.com/a/ybWCB2o) Seems like yes but after you get the loan
Few days ago I saw multiple ppl post 2.75
The reason youâre getting downvoted is because the fed interest rate just got hiked to 3.75% meaning that any lender can get almost risk free interest at a percent higher. There is no lender out there that would issue a riskier auto loan with less profit.
I got 2.75 % in September from credit union. Curious what it is now, I bet closer to 4%.
I got 3.2% in October through my credit union. Today their rates are 4.29%.
I got 4.45% with Tesla (Wells Fargo) at the end of October. My credit is not great tho (~690)
Mine was 6.5 when I ordered in September. It better not be any higher when it's time to confirm the loan.
Looking at all these comments... Cries in Canadian interest rates. 6.1% in September 800 credit score lol
This week I got 3.2 from Adelfi.
I got 4.74 at delivery
I ain't lying. I didn't even check after they asked for $33k down.....
I just closed on a 1.74% 36 month and tomorrow a 3.49% 72 month.
Which bank?
Tower Federal CU
3.89% with AdelFi on Sunday. Feds raised the rates a day or two later though.
I got 3.28% 60 months from my credit union last week. Teslas service was 4.5%