tesla offered me 3.99 instead of 0.99

I ordered before the 0.99 and had 2.99 and just asked and they switched me.

I don’t think you can get them to do .99 after having your application analyzed. I got a similar situation few years ago too

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I don't know but you really need to charge your phone

Meh, no auto steer

What is the point of the picture?

Have you actually seen your credit report? Santander is bottom of the barrel .. be positive of what’s on your credit report. Edit: Santander in the US has a [BBB score](https://www.bbb.org/us/tx/dallas/profile/consumer-finance-companies/santander-consumer-usa-inc-0875-90112710/complaints) of 1, and a [Trust Pilot](https://www.bbb.org/us/tx/dallas/profile/consumer-finance-companies/santander-consumer-usa-inc-0875-90112710/complaints) of 1.5 .. Santander specializes in subprime loans and has agreed to pay out [SIXTY FIVE MILLION](https://www.myfloridalegal.com/newsrelease/550m-secured-borrower-relief-subprime-finance-company) + forgive millions more of their obligations bc they mostly scam people who don’t have options. The lawsuit is 2010 -2019 predatory lending. Maybe they’re the only ones willing to play ball with Tesla promos idk, im just the messenger.

Shop around for financing.

When I got tired mine read the fine print as they sometimes say you need a 15 percent or more down payment to get the lower interest rate.

Probably because Santander is a well known Subprime lender…

I disagree bc I originally was offered Santander when I got my model 3 loan last year and I reached out why my offer was a different APR and they changed it a day later and With Wells Fargo for the correct 1.99% that was the promo back then. My credit is fairly decent but it might be worth OP reaching out to see.

They did the same to us a few years ago...I think it's their standard MO. Probably a lot of ppl just accept it.

I thought they just changed the name and it would work as it was now. Am I missing anything?

Lol no it's not. It's just one of the approved lenders

Before you call or walk into a show room to ask about the lower rate do you know your credit score?

I agree with you. Tesla just uses Santander as a go to for some reason. My credit score hasn’t gone below 815 in many years and tesla financed me with Santander a few years ago. Was kinda ticked at the time but ended up just paying it off and moving on.

charge your damn phone

Yeah that’s annoying haha but glad you got it all paid off!

I messaged them through the app and got 0.99% after being offered 6.45% with Santander. Just ask for what’s on the website.

Keep asking on the app for the better rate. I asked like 10 times

Same problem with the 1.99 on model y last year. I had to put more down

I got the same offer 3.99 from the same Satander after submitting the application. I had to resubmit and chat in app for a better rate, they changed my downpayment to increase only $.1 and resubmitted my application to other lenders and I got 0.99 offer.

if only there was a simple way to message them with your questions.

Different lenders offer different APRs. I hope you didn't accept the 3.99 APR. Call tesla and see what lenders offer the 0.99 APR so you could apply.

Orginally, I had 2.99. I messaged Tesla through the app, asking if my order is eligible with 0.99 deal. After 5mins, they updated my loan terms with 0.99 apr.

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I don't know what the current promo is...but be sure to read the terms and conditions of the 0.99% offer. If you have the wrong # of months, or not enough of a down payment, you will not quality for .99%

I just called the customer care and asked them to change it. Within 1 hour they changed it.

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Did you ask before delivery?

Was this before or after delivery

Was this after delivery? And who did you call?

you right coulda done a better job

I don’t got a charger

Messaged them right away saying I am more than qualified for the 0.99 and Wells Fargo offered the 0.99 5 min later!

Did you put enough down? The fine print says minimum 5% plus taxes, fees etc.

I think I took action too fast. It said were searching other lenders and boom Wells Fargo offered the 0.99 5 min later. ( been banking with Wells Fargo for over 15 years).

I can’t afford a charger.

They just did! Sent a message saying I am more than qualified for the 0.99 and they offered 5 minute later.

Was this before delivery?

Before delivery.

Yup. Reached out and got offered the .99 5 minutes later

Dang I couldn’t get mine adjusted from 2.99 after delivery even tho I have a 830 credit score

I am well aware. 800+, bringing in over 100k a year, not including investments.

Santander offered me immediately. I just had to wait about 10 minutes and was offered the 0.99.

Over 100k a year, no debt, and 815.

Question: how do you know who the lender is? My documents don’t name a specific lender only a list of possible lenders.

obviously it's before delivery, you aren't leaving with the car until you have finalized the loan.

Maybe downpayment? How much dp do you have? I have a dp of ~16%. EDIT: I re-read your message. You said AFTER delivery. I am not sure if they can do that after the sale. Goodluck to you, though.

Thanks for your guys help. I was offered the .99 10 minutes later. I was aware that I was well qualified it sucks because this is the first offer and Makes you think wow am I really not approved?

15k down. Got offered the .99 minutes later

Yeah I’m just gonna honestly not worry too much about it because I paid half the car off and the monthly difference is like $13

Yeah worth asking in case there was a loop hole haha guess I’m stuck with 2.99 but don’t have to wait any longer for delivery

Yes. I sent them a chat. They changed it that day. I'm still pre delivery as we speak.

Ah ok yeah I took delivery the day before they changed the rate but I guess I got the car already and can’t complain cause I don’t have to wait any longer

Just curious if I was missing something.

Draw attention to the post

Call the dealer. We had ordered before the 0.99 came out and picking up tomorrow. Before financing I called to see if we could get the 0.99. They said to submit financing and if it didn’t come back 0.99 to let them know and they would submit a ticket to get it changed. We now have 0.99 rate.

if wells fargo offered you 0.99 why not just solve the problem yourself and go with wells fargo instead of trying to get tesla to change something? i mean i dunno the last time i bought a car, the dealer offered x.xx% and our bank offered y.yy% which is lower . . so we just went with our bank.

You have to subscribe to fsd to get auto steer/auto pilot. All you get now is cruise control that keeps its distance from the car in front of you. Where since like 2020 autopilot was free/came with car. Bummed out, when I get a model s next year it won't be new (pre this dumb update since they stopped making s it's obvious it won't be new)

It sounds like hes saying thats what hes doing. Lol

Didn’t ask your income bud 😂.🚩

My bad Jack ass that your offended because I said my income just so I can clarify that income wasn’t a problem. 😉

Do you qualify for the car interest deduction for the next 3 years?

lol nope government hates anyone who makes too much from hard work :(

Is a down payment required for the .99% financing? I'm playing around with the calculator on Tesla's website and when I enter in $0 in the down payment box, the .99% doesn't change. I can change other things, like 84 months or decrease credit score on their website which changes the interest rate but down payment can be anything.

at least 5% I believe