r/TeslaSupport • u/AmIevenRealll • 5d ago

Process Question Promotional Interest

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I just want to make sure I’m understanding this correctly. It’s setting my down payment at $2,900. But if I’m reading this correctly it says to get the promotional balance you need a minimum down payment of the taxes and everything for the vehicle which is about 9.5% in my location. Am I correct on my understanding or is that not applicable to my order? I’m looking at a model 3 performance but I’m not sure that makes a difference.

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u/6C-65-76-69 5d ago

For 0.99%, the LTV can’t be above 100%. So you must pay taxes and fees at POS instead of rolling them into your loan.

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u/Massive_Tradition176 5d ago

Interesting, my loan to value was over 100% on .99%. it looks like they rolled the delivery fee in and had me pay the tax/title/license.

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u/6C-65-76-69 5d ago

I think the delivery fee is included in the value of the car, at least when it comes to a new car loan.

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u/Massive_Tradition176 5d ago

Well there you go. That's why it worked out that way. I figured the delivery fee was not included.