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Thread: Financing options

  1. #481
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    FYI, I just noticed that Pentagon Federal Credit Union now has 0.99% APR for loans with a term of between 12 and 36 months and 1.49% for 37 to 48 months.

    PenFed - Auto Loans Overview
    Tesla Model S P#9,372 - VIN #: 3452 (2013)
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  2. #482
    2013 P85+, X seq 2,318 andrewket's Avatar
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    I think 0.99 is only available if you use their car purchasing service
    P85D on order or December delivery
    Model X sequence P2,318 (gave up S476)
    Gone- Model S P85+, red/black, CF trim+spoiler, all options in 2013, 19" TST grey wheels, Reus audio


  3. #483
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    Just want to give a shout out to John Krumdick at USAlliance. He just helped me out with the financing of my P85. He was literally there for me every step of the way and went above and beyond the call. I had a bunch of stuff we had to figure out between dumping my current lease and other things. He was able to find a way to make things work. If you're looking for financing, do yourself a favor and get in touch with John.

    His email is: jkrumdick@usalliance.org

  4. #484
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    Quote Originally Posted by andrewket View Post
    I think 0.99 is only available if you use their car purchasing service
    It's actually 0% if you use their buying service. Sadly you can't use it for Tesla since the "buying service" kicks back $$ to Pen Fed and the Dealers and Tesla operates a better model.
    Tesla Model S P#9,372 - VIN #: 3452 (2013)
    85kWh | Grey Paint | Tech Package | Tan Leather | Lacewood Decor | Panoramic Roof | 19" Wheels | Air Suspension | Sound Studio
    Tesla Model X Sig#139

  5. #485
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    I'm exploring financing options to buy a P85+.

    But I will probably move back to Europe in 1-3 years and would then need to resell the Model S and reimburse the loan. I have 2 questions:
    - Is there any penalties for reimbursing a loan before the term?
    - Am I still eligible for the federal incentive?

  6. #486
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    Quote Originally Posted by Oyinko View Post
    I'm exploring financing options to buy a P85+.

    But I will probably move back to Europe in 1-3 years and would then need to resell the Model S and reimburse the loan. I have 2 questions:
    - Is there any penalties for reimbursing a loan before the term?
    - Am I still eligible for the federal incentive?
    1. Depends on the lender, I've only financed through credit unions and never had any penalties for early repayment.
    2. Yes, owning the car through the calendar year that you claim the tax credit will be fine.
    S60 | Black | Pano | 21" Silver | Twin Chg. | SC | Tech | Air | UHFS | Black Leather | Obeche Gloss | P32029

  7. #487
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    Thanks for the shout out! If anyone out there is looking for financing on the D or the FOURSIXTEEN, drop me a line. Lots of buzz and USAlliance is ready to help.

  8. #488
    2013 P85+, X seq 2,318 andrewket's Avatar
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    Financing options

    If only I could keep the 1.49% rate that I have on my existing loan on a new loan. Too bad you can't just swap collateral on the existing loan
    P85D on order or December delivery
    Model X sequence P2,318 (gave up S476)
    Gone- Model S P85+, red/black, CF trim+spoiler, all options in 2013, 19" TST grey wheels, Reus audio


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