How long does it take to get approved through Tesla financing?

How long does it take to get approved through Tesla financing? I'm itching to get a new Tesla. I applied for financing yesterday, but I haven't heard anything back.

Answer provided by
Eric Schad
Answered on Jul 13, 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.
“In most cases, you should hear back from Tesla within 48 hours.
However, if you have a borderline case (average or slightly below-average credit score), it may take longer.
Just relax, and in the meantime, you might want to use your time wisely by applying for preapproval with other lenders.
You should also start planning for insurance. Lenders will require your new car to be insured before you can take it home.
While you wait, you could use the free Jerry app to help your find the best car insurance rates.
Use this time to prepare for the dealer so you can take your car home worry free! You’ll hear back in a few days!”

Did this answer help you?

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

Have a different question?

You can meet us at our office and discuss the details of your question.

Easiest way to compare and buy car insurance

No long forms
No spam or unwanted phone calls
Quotes from top insurance companies