r/ModelY • u/Formal-Peace-9196 • 2d ago

Financing form during ordering

I'm ready to order the car but I don't know the whole process. When does it ask for the financing information during ordering? Do I first fill out the order with the options I want and finish that? And then will a financing option come up after that? Thanks.

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u/yerperderper 2d ago

Yes. Make an account. Download the app Build your car. Pay $250 deposit. Select cash payment until you get a VIN number. This allows you to do alot of the advanced steps without applying for the loan. Once you have the vin number and actual delivery window switch payment to finance and follow the steps. Add insurance. Take delivery.

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u/Shhh1200 2d ago

Yeah and in this way when you go for financing at last you realize you have missed promo rates and get an adrenaline rush with 5.8% rate.

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u/yerperderper 2d ago

I still got my 1.49 rate after the bump this way.

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u/Shhh1200 2d ago

That depends on number of days to delivery

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u/RedHellDiver1 2d ago

Yes. You order first indicating you plan to finance. Once it is ordered you have the post order pre delivery tasks come up, one of which is financing. It’s after you do the registrants because Tesla requires the loan and car registrants to match.