Tesla financing at the first day at the job.

[paveltiguntsev]

Hi, I'm getting Software Developer job, this is my first week, first job in US.
Can I get financing for Tesla Model X, 3?
Thanks

 

[Krash]

Do you have a credit history that transfers? What percentage of your income is your rent? How much have you saved for a down payment?

 

[paveltiguntsev]

15% of my salary is going for the rent. Right know less than 2000$.

 

[paveltiguntsev]

And I don't have any credit history

 

[Krash]

Teala may not care about your credit history, since it is their car, but they might require a big down payment, like 20%. It is a great time to buy an inventory X. Too bad you don't have a family member with a Tesla that could cosign the loan and you could pickup free Ludicrous mode ($20,000) in addition to the current free supercharging offer. You certainly can afford the payments.

If all else fails, take over someone else's lease. Or be super responsible and save your money for a Model Y.

 

[ewoodrick]

Hi, I'm getting Software Developer job, this is my first week, first job in US.
Can I get financing for Tesla Model X, 3?
Thanks

Tesla doesn't finance, it's banks that Tesla has arranged with that does it.

For someone getting a new job, possibly with student debt, little to no credit history, and honestly a salary that doesn't probably even justify an expenditure that high, I doubt it.

I'd also suggest that you need to reset your expectations a little. You are about to have a lot more expenditures than you ever imagined and you need to look a a LOT less expensive car.

But if you don't agree with me, then since I'd assume that you've got at least $20k saved now for a car (and other money for other savings) then you should easily be able to set aside $2k a month for the next two years. Then you can feel free to get a car.

 

[paveltiguntsev]

Okay, thanks guys, mb waiting for model Y is good idea

 

[glide]

Ask your bank. No one here can tell you one way or the other.

 

[Krash]

Do some research on how to build a credit history. Some really small loans that you don't need amd pay back automatically over time might be helpful. It isn't always intuitive what you need. Being debt free, while great financial advice, won't build a credit score.

 

[DontBetAgtsEln]

Ask your bank. No one here can tell you one way or the other.

Exactly. User your own bank. They know you. Might have better chance then the bank algos that would process you when you apply for credit via Tesla