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How do I finance a Tesla?
I want to finance a Tesla, but I'm not sure where to start. What's the next step I should take?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Financing a Tesla is surprisingly easy.
The only choice you have to make is whether you want to use Tesla’s in-house financing or you want to put in the work to shop around for
car loan
rates. Either way, you should get the financing you need, provided you have enough income to pay for the loan and you have good credit.Keep in mind that Tesla’s financing is only extended to residents of 27 states, so refer to the Tesla website to see if they extend it to your state.
Not all insurance companies offer insurance for Teslas due to their high price and expensive cost of repairs. So do your research and hop on the
Jerry
app. In just minutes, you can compare quotes from dozens of insurers and get the best rate possible.View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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