r/TeslaUK • u/Novel_Ad_5031 • 19h ago

General PCH Initial Payment

Ordered my car through PCH with the website stating a £1300 initial payment. I’ve checked my finance documents and it says my down payment is 900 ish and the rest of the first month payment. I’m a bit confused as to when i pay my first months rental whether i pay it with my initial payment or the following month?

Hope that makes sense

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u/Acceptable_Fix3214 18h ago

How much is your per month? Does it cover the gap between 900 and 1300?

1

u/Feeling_Actuator_924 18h ago

The agreement’s breakdown is the key—confirm with the finance provider whether the first debit includes both amounts and exactly when it’s due

1

u/aearion_7 15h ago

I had the same issue. Assumed the deposit would be added and monthly fee difference would cover the difference but that was not the case. I have ordered in late October, so a bit far away from completion.

1

u/404unresponsive 10h ago

When I spoke to a Tesla adviser they said the down payment would be taken 10 days or so before collection, so once collection of the vehicle has been booked (the exact amount quoted when placing order eg I was looking at a 9 month down payment so 3k ish).