A vehicle is considered new when it meets both of the following criteria:
- It has never been titled or registered with the DMV or any other appropriate agency
- The odometer, if applicable, has less than 6,000 miles
Apply for Tesla Loan when your Tesla is in inventory, or wait until 60 days before the delivery date. Once you are closer to delivery date, apply and get approved. Our loan approvals are valid for 60 days.
Submit our easy and streamlined Tesla loan application, and get approved as quickly as same-day approval.
Once your loan is approved, we will finalize all the paperwork electronically, and have your loan funded as soon as the next day.
That’s right—90 days before your first payment is due. Enjoy riding your Tesla with no first 90 days payment.
Apply online, by phone, or at your local branch, with 100% financing available.
Make your Tesla loan payments online, by automatic payroll deduction, or in person at a branch.
Low rates for new and used Tesla vehicles, with flexible terms up to 84 months.
We’ll help you understand how your credit score influences your rate.
Protect your purchase with GAP Coverage and Credit Life and Credit Disability.
Statewide helped me save money with their unbeatable loan rates.
From the first day I walked into Statewide Mark has always went the extra mile for me. From helping me with my accounts, to being with me though the process of purchasing my car. He always knew exactly how to help me even when I wasn’t sure what steps I needed to take in the purchasing process. I am very satisfied with the service and the relationship I have built with the credit union.
Get pre-qualified for a Statewide auto loan. We can pre-approve you for the amount you’d like to spend, to help you get a good deal at the dealership.
FAQs
A vehicle is considered new when it meets both of the following criteria:
When you apply for an auto loan with Statewide FCU, you’ll be asked to provide personal information such as your name, address, Social Security number, employment information, income, U.S. citizenship status and email address.
Depending on the specifics of your loan request, the following documents may be required prior to closing: purchase agreement/bill of sales, registration, title, lease buyout instructions, proof of income, federal tax returns, W-2s and financial statements.
Your loan approval and interest rate are locked in for 30 calendar days from the date of your original loan submission.
*Interest rates based on the applicant’s credit score and term of loan. Not all applicants will be approved. Approval and interest rates are subject to creditworthiness and other factors. Not all applicants will qualify for the lowest rate.
**Interest will begin to accrue when the loan is disbursed.
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