Financing Tesla vehicles in Canada

[CdnElec]

I picked up my car today. They still gave me the July rate I was originally approved for of 3.3% for 72 months.

 

[gursky]

Just received updated rates for August. I am only posting the lowest rates for each tier:

96 month: 3.82% (Scotia)

Received my financing contract yesterday and this is what I had. A week ago my Tesla account page was showing RBC as the lender but didn't catch when it switched over to Scotia. Would have been nice to receive a lower rate but the wait is over now and I can finally enjoy the car.

 

[asgr8]

Any one know of September rates ? .

 

[jldonayre]

Ok, for September:

3.6% on 96 months with RBC. Mi Advisor is gonna send me the whole list tomorrow.

 

[asgr8]

Ok, for September:

3.6% on 96 months with RBC. Mi Advisor is gonna send me the whole list tomorrow.

Do you know the rate for Scotia ?

 

[jldonayre]

There you go the September rates

RBC:

96 months: 3.60%
72 months: 3.30%

Scotiabank:

96 months: 3.72%
72 months: 3.32%

 

[Murky-Article]

Is it possible to add accessories into financing? Such as 20" Winter tires for my Performance?

 

[joebudpod]

Is there anyone who can offer their actualy 96 month bi weekly payments (for those who just paid the 3200 and got the car). I am just trying to budget and get actual values.

 

[Timber71]

Is there anyone who can offer their actualy 96 month bi weekly payments (for those who just paid the 3200 and got the car). I am just trying to budget and get actual values.

What is the purchase price for your desired build?

 

[joebudpod]

What is the purchase price for your desired build?

I was looking to compare the standard range + with no addons as is

 

[lauren0784]

I just got my loan approved yesterday, 3.6% via RBC

 

[ATC@LWSK]

Is there anyone who can offer their actualy 96 month bi weekly payments (for those who just paid the 3200 and got the car). I am just trying to budget and get actual values.

Interested to know this as well.

 

[Timber71]

Looks like $326.54 biweekly. YMMV on the interest rate

 

[Timber71]

Looks like $326.54 biweekly. YMMV on the interest rate

I did not account for the $5000 rebate in that mind you...

 

[joebudpod]

Looks like $326.54 biweekly. YMMV on the interest rate

This doesnt account for other small fees that tesla might charge, I need a real life payment. I have done these calcuations but I think it would be very beneficial to see real numbers.

 

[jldonayre]

This doesnt account for other small fees that tesla might charge, I need a real life payment. I have done these calcuations but I think it would be very beneficial to see real numbers.

Contact a Tesla Agent, he will send you a real quote to your email, but I'm not sure if they have the biweekly option.

 

[shiny]

This doesnt account for other small fees that tesla might charge, I need a real life payment. I have done these calcuations but I think it would be very beneficial to see real numbers.

Vehicle price $54980
OMVIC $10
AC TAC $100
Taxable amt 55 090
Tax 13% $7161.70
Gov Lic Fee & PPSA
Sub total $62451.70
EV incentive -$5000
Order Deposit -$3200

Estimate Due @ Delivery $54251.70

I think the actual licensing might require a few buck more depending on when your BD .

48-72mo, 3.3%
84-96mo 3.6%

Any loan calculator online should be able to figure out the rest based on your term (or any additional down payment)

...

 

[djino]

Hello folks,

I'm looking for M3 long range with white interior full self driving option. Subtotal on the site shows $75,190. I plan to make an $8000 downpayment and finance the rest on a 96 month term.

What are all the fees/taxes (in addition to my $8k downpayment) can I expect to pay on delivery (Quebec resident)?

Thanks!

Djino

 

[malou]

100$ For AC tax + 12$ for tire tax (added to the loan). Only thing to pay at delivery is the SAAQ fee for the registration (variable).

 

[Threader]

Looks like $326.54 biweekly. YMMV on the interest rate

8 years is a LONG time to be making $650 / month payments. If 8 years of payments is the only way you can scrape by it's a sure sign you are buying more car than you can afford.