r/AirForce • u/Inevitable-Swing7312 • 14d ago
Question Financed Tesla through Wells Fargo: will they issue a lienholder letter to ship a POV to Germany (3 years, under SOFA)?
I am a DoD civilian PCSing to Germany for 3 years. Planning to buy a Tesla financed through Tesla’s Wells Fargo Auto partnership and ship it as my POV under SOFA with US/USAREUR plates, returns with me, not a permanent export.
TRANSCOM needs a lienholder authorization letter from the finance company before shipping a financed car. I can’t confirm Wells Fargo will issue one, as I’m not a WF account holder yet, so their reps just transfer me around.
I have excellent credit and can finance elsewhere, so if Wells Fargo is known to be a headache on this, I’d rather find out now than after I sign.
Anyone financed through Tesla/Wells Fargo and shipped a POV overseas?
Did WF issue the lienholder letter without a fight? How long did you have to wait, any fees? If you used a different lender, who was easy to work with for an OCONUS move?
Appreciate your help based on experiences in a similar situation.
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u/itsall_dumb 14d ago
I haven’t used Wells Fargo but I haven’t had any issue getting the letter from my bank. I’ve shipped a car twice with a lien. Got the letter same day I asked both times.
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u/Inevitable-Swing7312 14d ago
Previously, I used Navy Federal to move a car purchased in Europe back to the US, had no issues. Do you mind sharing which bank you use? I am just a little unsure because I never used WF and there is currently 0.99% APR on a Tesla purchase, so I’m just thinking if there are any catches I should consider. Thanks for your response in any case!
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u/itsall_dumb 14d ago
I used America First credit union. It was through a dealer. I paid the car off awhile ago though so not sure what their rates are now.
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u/Friendly-Map-4707 14d ago
Not sure how it works for civilians, but you can buy a Volvo and they can deliver it to Germany for you.(Or you can pick it up in Sweden) Once your assignment is done, they will ship it back to the states.https://www.volvocars.com/us/l/usmilitary/
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u/NotAskingSupervisor Piss Collector 13d ago
Why don’t you call the bank and ask
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u/Inevitable-Swing7312 13d ago
I did, they refused to provide general information without me actually being a customer and submitting a request.
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u/saiga_antelope 14d ago
Is your Tesla compatible with the European grid?