Submitted by Zero EV on August 1, 2013
Just curious to know if anyone else has had difficulty closing on financing with local banks or credit unions.
In my case, I was fully approved, 100% financed, and had the deal fall through due to the "unique" nature of Tesla not being a typical dealership. Apparently there was some stalemate over my local credit union not releasing the check until they received the title ... and Tesla not releasing the title until they receive the check.
Anyone else have a similar experience?
So I'm now back to the drawing board trying to finance through another institution while my newly delivered Model S sits at the delivery center.
- Outraged in Ohio