
Sign up & start saving!
Get our weekly newsletter for the latest in money news, credit card offers + more ways to save
Product Name | Tesla Financing |
---|---|
Loan term | 3 to 6 years |
Financing types | Purchase,Leasing |
Eligible car types | New,Used |
BBB accredited | No |
---|---|
BBB rating | A+ |
BBB customer reviews | 2 out of 5 stars, based on 151 customer reviews |
BBB customer complaints | 1,524 customer complaints |
Trustpilot Score | 3.1 out of 5 stars, based on 192 customer reviews |
App Store Score | 3.8 out of 5 stars, based on 3,400 customer reviews |
Google Play Score | 4.3 out of 5 stars, based on 12,857 customer reviews |
Customer reviews verified as of | 19 October 2020 |
You won’t find specific pages on Trustpilot or the Better Business Bureau (BBB) for Tesla Financing. But the main Tesla profiles on each site hold a handful of reviews.
The biggest red flag, however, is the over 1,500 complaints on the BBB site as of October 2020. While these aren’t all specific to the financing program, they do speak to more than a few unhappy customers overall.
To complete an application through Tesla Financing, you need to first order the Tesla you wish to purchase or lease. Follow these steps to get started:
Tesla will contact you within two days to confirm your information. Alternately, you can contact a representative directly by emailing autofinance@tesla.com.
You can make repayments one of four ways:
Tesla Financing is not currently available on Finder
Have you considered LightStream Auto Loans?
Quick car loans from $5,000 to $100,000 with competitive rates for borrowers with strong credit.