Good evening everyone,
it is all about:
I would like to finance a Model Y Lr.
On the Tesla site you only have the balloon loan option.
Someone wrote in the Facebook forum that he ordered his Model Y with balloon financing and the next day he was able to select a classic installment loan in the app, i.e. without a final installment.
Does anyone have experience with whether this is true?
Because I don’t want a final installment of around €20,000, I want everything to be paid for at the end of the term.
I thank you in advance for your answers.
Where is the problem? Then you finance the final installment afterwards.
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I also had the option after ordering 
Good answer to an unasked question!
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Where is the problem of taking out a loan somewhere else and buying the vehicle via bank transfer?
Probably the higher interest rates…
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Yes, of course! You have to finance €20,000 more!
PS Vll helps. Of course, if you take out 3 loans at the same time with €20,000 each (or however much you need) from different banks, you will get better conditions.
You won’t get such a good interest rate for €20,000 less
You could also put aside an amount every month over the term in addition to the installment so that you end up with €20,000.
Add time deposits or something similar to it, then it will also give you some interest.
No problem.
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Well, with Tesla on the site you get 1.97% financing………I don’t think any bank offers that at the moment.
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All the better.
Put the money you have saved at a minimum of 1.97% and you will end up with exactly what you are looking for financially.
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Ok, if that’s the case, I don’t think there is a better interest rate at the moment.
Then I would sign a savings contract with the same term and at the same rate so that I would have 20,000 at the end
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Yes that works!
I did that too. I was then able to choose a classic installment loan without a final installment and with significantly higher monthly installments. Same interest rate, at least in June also 1.99%.
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If you have €20k in cash, you can invest a fixed-term deposit at 4% in a German bank (deposit protection).
If not I I can’t afford such an expensive car.
Well, expensive is relative……whatever…it has to be an electric car…. Because by 2025 at the latest, the liter of diesel will be around €3…
So I’m now ordering with balloon credit…….
And then can I choose the classic installment loan the next day?
So why don’t they offer it in the first place?
2023-10-02 20:05:47
#Financing #classic #credit
