Second Tesla Auto Loan

[Anonymous]

I'm seven months into a five year Tesla auto loan (US Bank), and I'm about to apply for another, through Tesla Lending.  My current auto loan is $1500 per month and I pay $500 extra, for a total monthly payment of $2000 a month.  Will lenders consider favourably my extra principal payments on my current auto when making their decision on whether to approve me for a second Tesla auto loan?

I make a decent income, my DTI before the second Tesla auto loan is in the mid 20% range, and my generic FICO scores range from 792 to 823.

[Appleman]

The extra payments will likley have no impact. You may benefit from having a lower loan amount as you have paid down more principal.

If you have the income and score to support the 2nd car I would imagine you will be approved.