I just received a text this AM from tesla that my cyberbeast is ready to be picked up, I haven't ran financing yet and wanted to see if anyone has suggestions of who to target for funding it.
My current Model 3 is leased through tesla financial (us bank), I have NFCU but not sure if they go up to 120k?
I typically lease so this will be the first time doing financing in probably 5-10 years, any suggestions appreciated, aside from just running the tesla financial app.
FICO scores are mid 700's with a 2 auto charge offs (one paid, one unpaid) that are 4 and 4.5 years old, but also 5 autos with good history aside from the COVID hiccup.
Update: income 450k, AAoA is 6y8mo
@CreditCuriosity wrote:NFCU will go greater than 100k to answer that question although auto loan charge offs aren't going to get you the best rate with liikely any lender. Some of best auto loan rates are with NFCU, BCU(Baxster)
Yeah less concerned about rate than approval; plan is to refinance after January when I can have the two charge offs removed (NY 5 year law instead of 7)
@CreditCuriosity wrote:
@cashorcharge wrote:I know Chase will finance way over $100,000 for Auto Loans..
Ya honestly most lenders will now as 100k car/truck sadly is kinda becoming the normal now day. Think average car is about 40kish range and 100k range is nothing special where it use to be exotics only really about 20 years ago. How inflation stinks.
Good point, called BCU to get manual review on my membership yesterday and LMY is still a means of acceptance so they said I should be manually approved today, seems like BCU and Navy seem to be the best options at moment
Chase has the weird partner dealer thing like capital one from what I could find
Going to give Tesla a try tomorrow and see how it goes
@pizzadude wrote:Tesla might be your best option given that you're currently leasing w them and presumably you have a positive payment history established.
7 months on the Model 3, thinking the same
Spoke with them earlier apparently they pull Wells, Chase, Santander, and US Bank so just going to run through them and NFCU/BCU and see where the dice fall
Tesla financial worked out, conditional approval initially only request was bank statements or paystubs
