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Last Updated: 04/18/2025

Tesla Financing

in Auto Loans from Tesla Inc

Last Updated: 04/18/2025

Tesla Inc logo
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Highlights

Amount Range

N/A

APR (Fixed APR)

5.59%(Verified 06/21/2024)

Credit Score Range

N/A

Loan Term (Months)

36 - 72
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Tesla Financing Review

Tesla Financing is offered by Tesla Inc, a financial services company founded in 2003 and based in Austin, TX. Tesla Financing are available in 50 states and Washington, DC.

Tesla Financing FAQ

What APR does Tesla Financing offer on its car loans?

Tesla Financing offers a fixed apr car loan product of 5.59%
Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.

What is the maximum auto loan term you can get with Tesla Financing?

Tesla Financing has car loans with terms ranging from 36 to 72 months. Having the option of longer terms -- some lenders offer terms that range up to 144 months -- allows borrowers to take on larger auto loan amounts while keeping monthly payments more affordable. However, the longer the term of your auto loan, the more interest you will pay.

Does Tesla Financing charge an origination fee?

Yes, Tesla Financing may charge a loan origination fee .

Does Tesla Financing charge a late fee?

Yes, Tesla Financing charges borrowers with a late payment penalty fee

Does Tesla Financing charge prepayment fees?

Yes, Tesla Financing does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment can reduce or even cancel the interest savings of repaying a loan early.

Can I pay off early my Tesla Financing loan?

Yes, you can. However, Tesla Financing charges a prepayment fee if you pay your car loan early. This fee could reduce or eliminate the savings from paying the car loan early.

What do you need to qualify for Tesla Financing?

Tesla Financing does not require or does not disclose a credit score minimum. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
Tesla Financing does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders with a U.S. tax identification number are eligible to apply for the services offered by Tesla Financing.
To qualify, applicants may need to provide the following documentation:
  • Proof of income
  • Driver's license or other government photo ID
  • Proof of identity
  • Proof of citizenship or residence permit
  • Proof of residence
  • U.S. tax identification number

Does Tesla Inc perform a hard credit pull?

Yes, Tesla Financing performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.

Is tesla a legit company?

tesla was founded in 2003, it is a well-established company that has been in business for 23 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

13101 Tesla Rd
Austin, TX 78725
Visit Site

Hours of Operation

Sunday
6:00AM - 11:30PM
Monday
6:00AM - 11:30PM
Tuesday
6:00AM - 11:30PM
Wednesday
6:00AM - 11:30PM
Thursday
6:00AM - 11:30PM
Friday
6:00AM - 11:30PM
Saturday
6:00AM - 11:03PM

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SuperMoney Net Recommendation Score

This product has no reviews yet. Help others by sharing your thoughts.

0

-1000+100
No one recommends
Everyone recommends
The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Tesla Financing Community Reviews

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