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How are you paying for your Tesla MS?

I'm curious, how's everyone here paying for the MS? All cash? Financing? If so how much will you be financing? I'm considering charging the whole car on my credit card and then turning around and paying it off...we're talking about some serious credit card bonus points. ;)

Also, is anyone here buying the car who lives in an apartment and therefore doesn't have a garage? That's one of my concerns at this time.

Plan to pay cash when my # comes up.


NASA Fed Credit Union.....
although they had never heard of it - but now, too, are excited.

1.49% 125K 36 mo
1.99% 125K 63 mo
2.64% 125K 75 mo
3.14% 125K 84 mo

Of course it's not a Smart Car; it seats more than 2!

Got my check from PenFed today. Pretty easy despite getting a few different and conflicting directions from them. 1.49% is pretty sweet.

We'll pay the balance with a "big" personal check.

Had the full price in a savings account, but will keep it there or invest it since I talked to USAA. What a great company. For decades I've had my home and auto insurance plus investments with them and they are outstanding when paying claims or responding to support calls.
I chose to finance $50K of the price for 36 months and got 1.98% APR with no hidden costs. The processing was unbelievably easy. The loan is approved. All they need is the VIN and the funds will be released immediately.

Finalized and it states I should get car "Feb-March" :)
So...should I finance? The way I look at it PenFed is offering 1.49% like everyone says. My school loans are 3.25%. Even a blue chip stock could easily get me 3% dividend yields and my Lending Club account could get me more than that.

Should I finance the majority of the car and drop that principle into my school loans or put it into my brokerage account? Or should I just pay off the car?

I really need to find a personal adviser and accountant :(

Borrow and use the rate advantage to advantage. Mentally deduct the gains from the cost of the car. ;)

St. Mary's bank in Manchester, New Hampshire offers a discounted rate of 1.9% to AAA members.
They financed 95% of my Model S. Turnaround was quick and easy.

ped fed too. AMazingly simple and can't beat the rate.

Wow..thanks for all the great info! My plan was to pay with cashed out TSLA stock I purchased at the IPO. It's doubled over the past few years and I'm optimistic about the Q4 results being announced next month. Hoping to take delivery of one of the first 40s in timing looks good. This has been my plan since putting in my reservation..but with loans available under 2%, it's crazy not to hold the stock to see where Tesla goes as GenIII becomes more real...or at a minimum, sell the stock and pay down debts with higher interest rates. I always told my wife all the time I spent surfing these forums would eventually pay off ;).

Yep. Knowledge is power. And money!

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