DCU is only giving me 50% of the loan I asked for since I never borrowed this much

[REBroker]

DCU is a bit slow. I had to chase them a bit to speed things up. Meaning, getting answers in 24hrs vs 48hrs. Also, their phone system is tough to navigate and you don't work with a given rep, or person assigned to you. Worth it though for that interest rate!

 

[GreenPenguin]

Have you guys tried BofA? Assuming you have the financing and have a Merril account of 50K you get 0.35 off or if you have 100K you get 0.50 off an auto loan. At 1.99% with the 0.50 off you'll get close to the same rates as the other guys plus think they can fund the full amount.

Worth shopping around especially if you already have your loan packet ready.

 

[macpacheco]

One stupid question: 1.99% or so interest rates is yearly interest ? I knew USA interest was way lower than were, but I never though that low, I need to know for sure.

 

[Tourman]

One stupid question: 1.99% or so interest rates is yearly interest ? I knew USA interest was way lower than were, but I never though that low, I need to know for sure.

Yes yearly interest.

 

[macpacheco]

For Brazil 2% per month is low interest ! Such is the world ! Thanks !

 

[Sigma4Life]

I was able to get 100% financing at 1.24% for 65 months with DCU. It was a bit of a slow process as they asked for lots of documentation. Most likely because I am trading in my current P85 and I have multiple sources of income. They required a purchase agreement from Tesla that showed I was trading my existing Model S.

 

[TSLA Pilot]

FWIW, if you're in any way involved with the travel business, airplanes, airports or the like, try the AA CU with 1.49% APR (w/direct deposit) and I think they'll go for 100% financing. Even better: this rate applies to USED automobiles as well, to include all those good deals on the massive dumping of slightly used Model S's from those that have to have the latest and greatest Model S . . . .

American Airlines Credit Union