Alliant Credit Union 1.49% for 72 months part 3

1/1/2015

guest

Applied this morning and had an answer by lunchtime. Amazing! Only thing is I don't know what my final financing will be since I'm waiting on the trade in value for my S from Tesla. It's covered by the RVG, so I'm going to be shocked if it's even a $1 more than that.

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1/1/2015

guest

gmtom1 said: ?

Applied this morning and had an answer by lunchtime. Amazing! Only thing is I don't know what my final financing will be since I'm waiting on the trade in value for my S from Tesla. It's covered by the RVG, so I'm going to be shocked if it's even a $1 more than that.

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What rate???

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1/1/2015

guest

InderMX said: ?

What rate???

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Sorry, forgot to say I got the same as everyone else has been getting: Up to 100% financing, 1.49 @ 72 mos; 1.99 @ 78 mos, and 3.49 @ 84 mos. No prepayment penalties

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1/1/2015

guest

The 1.49% is only for new cars, right but slightly higher for preowned?

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1/1/2015

guest

Sounds like my experience has been different than most??

Initial response from Alliant re financing was a rate of 1.74%. When I was notified that my Model X was complete I reached out to them to finalize financing and was told the rate was now ~4.5%??? The credit score they reported to me is ~ 40 points lower that what is currently listed on my credit report. Can anyone shed some light one this? Or have similar experiences? I've since gotten an update that my Model X is in transport - if it wasn't for this I'd be excited but currently I am very deflated and confused. Thanks for any insight.

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1/1/2015

guest

palava said: ?

Sounds like my experience has been different than most??

Initial response from Alliant re financing was a rate of 1.74%. When I was notified that my Model X was complete I reached out to them to finalize financing and was told the rate was now ~4.5%??? The credit score they reported to me is ~ 40 points lower that what is currently listed on my credit report. Can anyone shed some light one this? Or have similar experiences? I've since gotten an update that my Model X is in transport - if it wasn't for this I'd be excited but currently I am very deflated and confused. Thanks for any insight.

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What is your back up plan... leasing?

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1/1/2015

guest

palava said: ?

Sounds like my experience has been different than most??

Initial response from Alliant re financing was a rate of 1.74%. When I was notified that my Model X was complete I reached out to them to finalize financing and was told the rate was now ~4.5%??? The credit score they reported to me is ~ 40 points lower that what is currently listed on my credit report. Can anyone shed some light one this? Or have similar experiences? I've since gotten an update that my Model X is in transport - if it wasn't for this I'd be excited but currently I am very deflated and confused. Thanks for any insight.

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Everyone's credit situation is different and so no one can help you with that. It sounds like something happened to your credit between now and then (bad debt reported?) as you did qualify for 1.74 before (is that 72 months?)

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1/1/2015

guest

palava said: ?

Sounds like my experience has been different than most??

Initial response from Alliant re financing was a rate of 1.74%. When I was notified that my Model X was complete I reached out to them to finalize financing and was told the rate was now ~4.5%??? The credit score they reported to me is ~ 40 points lower that what is currently listed on my credit report. Can anyone shed some light one this? Or have similar experiences? I've since gotten an update that my Model X is in transport - if it wasn't for this I'd be excited but currently I am very deflated and confused. Thanks for any insight.

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I am in the same boat. Have lower credit score. Try some local credit unions.

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1/1/2015

guest

number12 said: ?

What is your back up plan... leasing?

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yup...looking into leasing as well. apparently they have some new leasing options - waiting to get additional information.

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1/1/2015

guest

outie said: ?

Everyone's credit situation is different and so no one can help you with that. It sounds like something happened to your credit between now and then (bad debt reported?) as you did qualify for 1.74 before (is that 72 months?)

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yes it was for 72 months. what i'm not understanding is when i look at my credit report on equifax (which is what alliant used) it is 40 points higher than what they're telling me. Is there some other manipulation that it is done by the lender/alliant? always figured your credit score was the end all be all - guess it may not be.

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1/1/2015

guest

InderMX said: ?

I am in the same boat. Have lower credit score. Try some local credit unions.

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My score is 730's-740's...not the best but figured it should be good enough. Especially since when Alliant offered the 1.74% they said the score they got from Equifax was 701 - which is totally confusing because my score on Equifax has never been that???

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