Submitted by ajayv on June 14, 2013
After submitting application for Tesla finance I got the following numbers
P85 with options etc - ~$90,270
US Bank would finance $76,730 @2.9 with 72 months
Down Payment is ~13.5K which is about 15%
So far so good. However from what I understand, Sales Tax and Registration is extra and is NOT included as part of financing. In CA this would be about 9-10K
So now the down payment is $24K.
My impression was that the taxes and registration would be part of the financing and so my down paayment would be 15% of $100K which is $15,000.
Is the above what others on this forum have experienced? The extra 10K has thrown my planning off... Havent tried other lenders. Will my experience be any different?
FWIW- have a 795 Credit Score.
Thanks in advance.