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So now that I am ready to go on a new Tesla I want to get your input on Financing. To start with I am a car whore I have never found a car that i want to keep more than 3 years. Here are my options...

Tesla via Wells Fargo. 60 months at 2.25% with the buy back at 36-39 months with 15k per year. The milage is reasonably doable. But with the warning on how much I will love it makes me question living with 15k,

Alliance 72 months at 1.49%

Thoughts opinions from you experts.

TIA
 
Wow, with all the opinions around here I expected to wake up with a bunch of responses.
Probably did not get a lot of responses because there are several other threads that are similar to this.

My very quick 2 cents: If you trade your car in very 3 years go with the 'lease' type of agreement with Wells Fargo/TM financing as you will probably want to get model S 2.0 in 3 years....100KW battery with AWD.
 
Probably did not get a lot of responses because there are several other threads that are similar to this.

My very quick 2 cents: If you trade your car in very 3 years go with the 'lease' type of agreement with Wells Fargo/TM financing as you will probably want to get model S 2.0 in 3 years....100KW battery with AWD.

Yes, what he said. Everyone's situation is different. It sounds like you've already answered your question in your og post.
 
Probably did not get a lot of responses because there are several other threads that are similar to this.

My very quick 2 cents: If you trade your car in very 3 years go with the 'lease' type of agreement with Wells Fargo/TM financing as you will probably want to get model S 2.0 in 3 years....100KW battery with AWD.
+1
in 3 years you can get a newer model s
 
If you intend on keeping your MS for 10 years like we do, then get a better rate with Alliant (Credit Union).

The ROI on the MS doesn't make sense for having it only 3 years, unless gas prices go up past $6-7/gal AND you drive 20-30k miles a year.

But, you could just love the looks, power, and safety of the MS. No need for an ROI on that ;)
 
I want the RVG.
I live in a "non Tesla" state. I could go with TechCU....or could go with Wells Fargo- but need to complete the loan papers in a "Tesla" state( which I could do)
these are the rates I got..
Wells Fargo. 10% down, 60 M---2.24% with RVG. Even though I did not take delivery of the car, based on the order date prior to Oct 1st, they would let me payoff after 6 months.
( a $511 fee is quoted--any body has a comment on this.. its almost like a origination points!!!)
TechCU. 10% down. 3.49% 72M.. (need to check with them if it will comedown by increasing down payment and a shorter loan)
NO fee mentioned..

Anybody has experience in taking the loan from TeslaFinance for RVG and paying it off with a lower interest CU loan after 6 months?
 
So now that I am ready to go on a new Tesla I want to get your input on Financing. To start with I am a car whore I have never found a car that i want to keep more than 3 years. Here are my options...

Tesla via Wells Fargo. 60 months at 2.25% with the buy back at 36-39 months with 15k per year. The milage is reasonably doable. But with the warning on how much I will love it makes me question living with 15k,

Alliance 72 months at 1.49%

Thoughts opinions from you experts.

TIA

There is Alliance and then there is Alliant. My delivery specialist provided this link which was so simple that I'm a bit frightened. Promised a callback in an hour, I was pre-approved in 40 minutes. https://secure.alliantcreditunion.org/forms/display/Tesla.html

Since 1978 my car trading interval has been 7 to 8 years like clockwork but for the truck I bought in 2008 and traded in 2012.
 
Well, Wells Fargo has been involved in a number of well-documented major financial frauds recently. Alliant Credit Union (is that the one you are referring to?) has not.

If the reputation of the company you go with makes any difference to you.