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?

Answer
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.
Eric Schad
Answered on Nov 03, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
thumb-up

Did this answer help you?

Ask us a question by email and we will respond within a few days.
thumb-up

Have a different question?

You can meet us at our office and discuss the details of your question.
Let Jerry’s experts help you find savings on your car insurance!
No long forms or spam · Get quotes from 40+ carriers
Find insurance savings (100% Free)
rating primary
4.7/5 Rating on App Store