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Tesla Lease

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Anonymous
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Tesla Lease

What score does Tesla look for when leasing? And what do they pull?

 

Utilization: 30%ish and going down

DTI: 20%ish 

Score: High 6s

 

Message 1 of 6
5 REPLIES 5
Anonymous
Not applicable

Re: Tesla Lease

I 'believe' Tesla prioritizes US Bank for their leases.
In that event more than likely TU FICO 8.
Message 2 of 6
Anonymous
Not applicable

Re: Tesla Lease

What scores do they look for?

Message 3 of 6
randomguy1
Valued Contributor

Re: Tesla Lease


@Anonymous wrote:

What score does Tesla look for when leasing? And what do they pull?

 

Utilization: 30%ish and going down

DTI: 20%ish 

Score: High 6s

 

In April 2019 in California, they said minimum 650. Keep in mind, FICO score is not the end all, it's a starting data point. Alliant FCU has a Tesla financing specific option as well. At the minimum, I would shop both (same day).

 

https://www.alliantcreditunion.com/Applications/LOS/TeslaHome

 


 

Message 4 of 6
dirknights
Valued Member

Re: Tesla Lease

I can confirm this, at least for Texas. I just had my lease approved today. They only did a hard pull on TransUnion. However, according to the rep they do a soft check across all three credit bureaus.




Message 5 of 6
Anonymous
Not applicable

Re: Tesla Lease


@dirknights wrote:
I can confirm this, at least for Texas. I just had my lease approved today. They only did a hard pull on TransUnion. However, according to the rep they do a soft check across all three credit bureaus.

Cool. Congrats! to you Smiley Happy although the OP hasn't posted in almost 8 months Smiley Wink so I'll guess he doesn't care. 

Message 6 of 6
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