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A Full Guide about Tesla financing

Tesla is one of the most reputed car manufacturers in the world. They are committed to bringing cutting-edge technology to the automobile manufacturing sector. Unlike the other car manufacturers, they do not sell their vehicles through private dealerships, and you have to visit one of the Tesla Galleries to buy them. Since the company sells their cars directly to the customers, there is a serious concern regarding tesla financing. If you want to get finance for buying a Tesla, then the process of securing a loan for it can become daunting. Similar difficulties can be witnessed while getting McLaren finance or any other exotic vehicle. Today we will help you find how you can avoid the fuss while looking for tesla financing services.



Common questions related to Tesla car financing services


Buying a Tesla vehicle using a finance service can turn into a daunting task due to the special procedures followed by the company while approving such applications. Many questions can strike your mind while going through these procedures. Below are some of the major questions that you can face while securing tesla finance:-


What is the process to apply for tesla financing?


If you want to get the Tesla car finance, then you can submit your credit application after placing your order. You need to check your tesla account for submitting this application. You will get the decision for credit within 48 hours of submitting your application. You can review the credit decision by receiving a confirmation in your registered e-mail.


What is the process of securing finance from your banks or financial services?


Yes, you have an option to avail of financing service for tesla from your private banks too. If you want to take the help of private financiers such as Woodside Credit to finance your vehicle, then you need to provide the below details to tesla after placing the order:-


  • The name of the finance company that you choose for the loan services.

  • The exact loan amount that you wish to take for buying a Tesla vehicle.

  • Address and phone number of the lien-holder who is ready to finance your car.


Once this process is done, and you are assigned with a VIN. You can check your paperwork and other details by visiting your tesla account.



What is the right time to apply for Tesla finance or lease?


Once you get the approval to avail of the financial services, you can apply for the loan within 60 days of the approval. The approvals for leasing the vehicles are valid for around 90 days. Your lease agreement will outline any purchase options available to you at the end of your lease.


If buying exotic cars with Tesla and McLaren finance is turning difficult for you, then you can take help from the team of Woodside Credit who have been catering for the needs of car lovers for more than 15 years. Call them now to get the best advice for Tesla and McLaren finance at the lowest interest rates.
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