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Backing Out after Purchasing Online

SojuBomb32 | 2026-02-24 04:41 | 9 views

Random question out of curiosity. I’m looking to take advantage of the 0.99% APR promo for Model Y Premium. I understand if I make a create my Tesla and purchase online, I owe $250 for the deposit and would figure out the rest of financing once the car arrives. If I end up changing my mind from the time I order my car and when it arrives, would I just lose the deposit? I hate being rushed to buy a car but I also don’t want to miss out on this amazing promo.

Comments (27)
justbored858 2026-02-24 04:45

Yeah you would just lose your deposit.

Sad_Salad_3749 2026-02-24 04:55

Yes

fratzba 2026-02-24 04:56

FYI, the $250 is NOT a deposit. It is an order processing fee, and isn’t refundable.

Malacasts 2026-02-24 04:57

You can charge back, I have done it successfully, and many others. And no, it doesn't block you from Tesla you can buy it again later.

dethsesh 2026-02-24 05:53

That’s not what’s being asked here though. You can charge back basically everything.

Malacasts 2026-02-24 06:01

Yeah, but Tesla doesn't even fight it. They don't care. You don't lose the deposit unless you also don't care. You lose nothing by cancelling if you just do the right things.

[deleted] 2026-02-24 08:00

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lyokofirelyte 2026-02-24 08:16

It is a deposit because it goes towards the price of the car, it’s just not refundable. Edit: seems they changed this from prior years and it’s a fee now

THATS_LEGIT_BRO 2026-02-24 10:23

https://preview.redd.it/hsywbbfg5flg1.jpeg?width=2360&format=pjpg&auto=webp&s=53c5f841baea5b521b78b4fb9129725dc65771ab It doesn’t appear to be a deposit. It’s in addition to the price of the car.

[deleted] 2026-02-24 13:00

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6C-65-76-69 2026-02-24 13:24

They did fight mine. The credit card company initially side with Tesla. All Tesla did was send the order agreement where it says that they can liquidate the order fee. But I reopened the case, and argued that in my state they legally have to prove any damages to keep that $500 “order fee” (which is really a deposit they legally can’t keep) on a used inventory vehicle. They didn’t fight it that time and I was credited back.

fratzba 2026-02-24 14:25

Read your purchase agreement. It’s not a deposit, it’s an additional charge.

Full_Tap_4144 2026-02-24 16:49

You should have the financing info 30 minutes after you pay the $250 fee online. Right after you pay the fee, you get info from Tesla to continue the order process on the phone app. One of the steps is credit check for financing the 0.99%. I put in my info and less than 10 seconds later, the app showed updated info and to confirm the 0.99%. There is small print that says this is all pending and can be different upon purchase but that's just boiler plate wording I believe.

[deleted] 2026-02-24 17:20

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elflacco93 2026-02-24 18:12

No one is rushing you. Tesla promos come and go. It sounds like you’re not actually ready…so why not wait?

lyokofirelyte 2026-02-24 18:12

I’ve purchased 3 teslas and all of them had the order fee go towards the price. I just checked my documents. It doesn’t appear as credit until the final document. https://imgur.com/a/VsSOnD5

SojuBomb32 2026-02-24 18:17

Everyone values the worth of a dollar differently I guess, no matter how financially comfortable you are

opoppli00 2026-02-24 19:21

1 cash, 2 financed. Doesn't matter. I could afford to pay for all of them cash, and I would still care about losing my $250.

fratzba 2026-02-24 19:42

It’s a credit there, because you paid the fee already on your credit card when you placed your order. It most definitely is a fee. Do the math and add the numbers.

lyokofirelyte 2026-02-24 19:53

I see, it looks like my first two purchases (2018 & 2020) actually had a $500 deposit labeled as deposit, but then for 2024 it changed to $250 fee.

fratzba 2026-02-24 20:21

For me, In October 2020, it was $100, and called an “order fee”. It was an additional charge, paid at order time. It was included in the price of the vehicle. It was then shown as a credit already paid on my finance documents.

TeslaLounge-ModTeam 2026-02-24 22:53

This post violates the rules of the TeslaLounge community.

TeslaLounge-ModTeam 2026-02-24 22:53

This post violates the rules of the TeslaLounge community.

Public_Ad776 2026-02-25 00:39

Short answer.....YES

[deleted] 2026-02-25 11:27

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Broad-Adagio-7668 2026-02-27 11:55

I work for Tesla, the $250 is a fee not a deposit towards your purchase

Adorable-Boat8632 2026-02-27 23:39

That $250 won’t get you the car you can’t anything about financing or lowering the price with Tesla what you see is why you get lol I thought the same thing, ain’t no sales man you can haggle a price with

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