When I pay the hundred dollar deposit is there monthly payments till the full payment is made at del

[223coyote]

When I pay the hundred dollar deposit , is there monthly payments till the full amount is due at delivery ?

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[Saskateam]

It is only the $100 dollars. No monthly payments after that. There is likely going to be a down payment needed when you configure your CT before they make it and then payment due upon delivery. That will be when your monthly payment start.

 

[Revelation]

The $100 is just a "hold my spot in line" kind of thing. There is nothing else due until you build and confirm your order - sometime in 2022'ish. The $100 will go towards the deposit when you confirm your order, the deposit will most likely be around $2,500 or so. At that point in time Tesla kicks off the process to add your order to the queue.

From there you will finalize the remaining balance due via cash or financing of some sort. You'll want to have all that sorted prior to your delivery date to ensure that everything goes a bit smoother.

 

[azjohn]

the $100 isn't even a "hold my spot" Tesla makes their vehicles in batches and ships to regions. its more of a $100 interest free loan to Tesla and a way of Tesla to judge interest. With your $100 you haven't bought anything yet

 

[Cyberfuturist]

It would be nice to make monthly payments if that was an option.. I'm ready to buy now, but obviously I need to wait for production, then my place in line.. but if I could make payments to say, bump me up in line, that would be something.. (btw, i'm making what my payments will be to buy Tesla stock)

 

[UpToNoGood]

It would be nice to make monthly payments if that was an option.. I'm ready to buy now, but obviously I need to wait for production, then my place in line.. but if I could make payments to say, bump me up in line, that would be something.. (btw, i'm making what my payments will be to buy Tesla stock)

You can make payments to your savings account. Then apply all that money as your down payment.

 

[Cyberfuturist]

You can make payments to your savings account. Then apply all that money as your down payment.

As I said in my post. I'm making payments to tesla stock

 

[drcarric2650]

It would be nice to make monthly payments if that was an option.. I'm ready to buy now, but obviously I need to wait for production, then my place in line.. but if I could make payments to say, bump me up in line, that would be something.. (btw, i'm making what my payments will be to buy Tesla stock)

That's the best idea, you may end up making as much on the Tesla stock, than what the truck will cost.

 

[Cyberfuturist]

That's the best idea, you may end making as much on the Tesla stock, than what the truck will cost.

You dont know how right you are! I'm up over $5500 already!

 

[drcarric2650]

You dont know how right you are! I'm up over $5500 already!

Awesome, I'm up $11K.

 

[W3$]

Is there any financing available after the $100 +$2500? Or the price must be paid in full right after the delivery is made?.

 

[Cyber_Dav]

Is there any financing available after the $100 +$2500? Or the price must be paid in full right after the delivery is made?.

Credit Unions are usually best for auto loans. Then banks, then finance companies. Tesla has, I believe, a finance company they can recommend, but Tesla offers no financing itself.

And, I know what you mean, but you pay before delivery, not after. (<--attempt at humor)

 

[Quicksilver]

"You can make payments to your savings account. Then apply all that money as your down payment."

And we have a winner. My little Nissan van will be paid off in a few months. That payment and some other spare cash I have each month will go into my savings account and be used as my down payment. My goal is to have at least a 20 percent down payment and finance for no more than four years. More than likely I'll use the same credit union I have the van financed with due to the low interest rate we get with them unless Tesla goes into the finance business and offers an even lower interest rate.

 

[VolklKatana]

Im expecting my '14 Silverado to pull in somewhere between 17 and 20K. Add in another 10K down payment, and thats a good sized chunk off the top to finance.

 

[timjwright2.0]

When I pay the hundred dollar deposit , is there monthly payments till the full amount is due at delivery ?

MY dream scenario is that Tesla provides SPECIAL financing for those who agree to add their CT to the Robotaxi network for a significant duration ( a year or two) and substantial daily schedule. Since Tesla knows that robotaxis will be successful, they have lower risk in offering financing at better and more lenient terms than my bank. MY bank requires me to run the business for 2 or more years, prove that I'm so successful I don't need them, and THEN they will lend to me. Even a home equity loan from my credit union cares much more about my monthly income than the equity in my home. I guess that's why banks don't go bankrupt. They don't take chances unless the government is bailing them out. I'm guessing the only way to get a loan for a new business like my robotaxi fleet is a co-signer.