How much do you need to put down to buy a Tesla?

As a general rule, you should pay 20 percent of the price of the vehicle as a down payment.

Does Tesla financing require down payment?

Financing and Leasing Finance your car purchase by paying a down payment and monthly installments until you’ve paid off the full price. Learn more about financing your vehicle.

Can Tesla cars be negotiated?

Tesla offers no discounts or negotiations. The price you see is the price you pay. However, there may be some “inventory” models with a few thousand miles on them (used as “loaners” at service centers and/or customer test drives) that offer a small decrease in price — check at your local Tesla store.

Can you test drive a Tesla for a day?

Yes, you can pick up the car one day, and bring it back the next. So you get to “live with it” and experience charging it at home overnight.

What credit score do I need to get a Tesla?

720 to 740
Tesla Financing has no minimum credit score requirement, but you’ll probably need at least decent credit to be financed through them or with another lender. Generally speaking, 720 to 740 can qualify you for excellent rates on a Tesla or other vehicles, but you’ll need to shop around to find the best rates.

What happens if I put down a down payment on a Tesla?

If a down payment is due to Tesla, your initial order payment will be deducted from the total down payment amount. Please complete your down payment at least seven days before your delivery date. If you are leasing your Tesla, we require a confirmed purchase order.

What is the best way to pay for Tesla?

What payment methods does Tesla accept? Tesla accepts wire transfer, financing through a bank or leasing. Please confirm your preferred payment method in your Tesla Account under ‘Payment Method’ or directly with your Tesla Advisor. We require payment or a valid proof of payment prior to your delivery appointment.

Can you trade in a used Tesla for a new one?

Trade-Ins Tesla accepts cars, trucks, vans and SUVs for trade-in towards the purchase of a new or used Tesla. You can use the Tesla trade-in calculator to obtain a trade-in value for your current vehicle. Prior to delivery, you will be asked to submit photos and additional trade-in details to your Tesla Account.

How do I submit my final payment to Tesla?

To submit your final payment, please view your final invoice in your Tesla Account and follow payment instructions. For wire transfers, please include your invoice number and Reference Number (e.g. RNXXXXXXXXX) in the description and upload your proof of payment to your Tesla Account .