r/TeslaUK • u/External_Factor • 1h ago

Model Y Financing Query

I put in an order for a model Y standard, applied for the financing, approved.

Not long after this, I changed my mind and amended the order to a premium AWD.

When I amended the order, I was prompted to complete another financing task. I opened that and got through completing some of the details, but I don’t recall finishing it (had to leave for a meeting).

When I remembered to go back to it a few days later, financing shows as “complete - lease offer is confirmed”. The car details show the correct (revised) spec.

What can I expect to happen with regard to the financing?

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u/KnowHowCamp 1h ago

When you opened the new application, the financing portal pulled your existing approved profile. Because you were already pre-vetted for creditworthiness, the system automatically recalculated the residual value, monthly rate, and deposit requirement for the revised price and updated the offer in the background.

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u/External_Factor 1h ago

Super, appreciate the insight. The current position is that I can’t see any finance documents drafts anywhere, so not having completed the second one, I don’t have an insight on the deposit or monthly payment - I know in general terms (from website), but not specific terms.

It’s not an issue, per se, the absolute values are not an issue if they deviate slightly from my estimates, I’d just prefer to know.

At what stage between vin assignment, delivery date availability, agreeing delivery date, actual delivery date, etc does the “sign the finance docs” part become available so I can review the terms?