Lightning-fast Tesla financing

Get closer to ludicrous mode with a Tesla financing rate you’ll love.

Photo courtesy of Tesla, Inc.

Tesla Model S
The Run Down
  • Excellent competitive rates
  • Terms up to 84 months for new and used Teslas105
  • Quick online application with same-day approval in most cases
  • No prepayment penalties
  • Autopilot your loan with automatic payments
  • Experienced Tesla financing professionals – Alliant was one of the first lenders to offer Tesla loans
5.99 %
As Low As
60 mo. Max Term
New Vehicle

APR=Annual Percentage Rate105

View all Tesla loan rates

You’ll love Alliant High-Rate Checking

• 0.25% APY19 (2.0x the national average69)

• ATM fee rebates up to $20/month19

• No monthly service fees19

Learn more

Best Auto Loan Rates: Best for Fast Funding
CNN Underscored

Best Overall Credit Union

2024 Best Credit Union

Types of Tesla financing

Enjoy flexible payment terms, great rates and no prepayment penalties on any type of Tesla car loan. We accept applications from all states.

New Tesla car loan

Increase your range with terms up to 84 months.105

Used Tesla car loan

You hold the keys with a used Tesla auto loan at a great, competitive rate.

Refinanced Tesla car loan

Accelerate your savings by refinancing your current Tesla auto loan to a lower rate at Alliant.

How to get your Tesla financed

Although our online application will take longer than 3.1 seconds, we will get you from zero to 60 mph as quickly as possible with same-day approval, in most cases.

  1. Pick out your Tesla

    If you’re buying a Tesla that’s in inventory, you can apply to get preapproved online right away. If you’re waiting for a delivery, start your online loan application close to your delivery date. Tesla loan approvals are valid for 60 days.

  2. Get preapproved

    Submit an online loan application. You can also apply by calling 800-328-1935 (available 24/7). We will process your application and notify you when your preapproval is completed, usually the same day.

  3. Complete your loan documents

    Be sure to bring your preapproved loan to the dealer. Once the deal is finalized, send us the purchase agreement and we can finalize your loan documents using DocuSign.

  4. Finalize your Tesla financing

    We'll send the funds for free via FedEx 2-business day shipping. Contact your loan consultant if you want it to arrive sooner for a fee (FedEx Overnight Shipping for $18 or FedEx First Overnight Shipping for $22).

Nationwide digital banking with Tesla experts

Alliant was among the first lenders to work with Tesla to get early adopters on the road. So, we’re proud to say we’ve been around the track a few times. Our expertise doesn’t end at the convenient finance process. With the Alliant mobile app, online banking and 24/7 support, you can make a payment from wherever the road takes you.

Alliant mobile banking app and online banking

Tesla financing rates

Tesla New Vehicle Rate 5.99 % APR
Tesla Used Vehicle Rate 6.34 % APR
Tesla Vehicle Refinance 6.34 % APR

APR=Annual Percentage Rate105. APRs shown above are stated as low as and may vary based on factors such as make and model of the vehicle, collateral type, payment method, creditworthiness, and ability to repay.

Tesla auto loan FAQs

I’m waiting for my Tesla to arrive. When should I get my Tesla car loan?

Tesla loan approvals are only valid for 60 days. Therefore, we recommend that you apply online for your Tesla auto loan near your confirmed delivery date. Same-day approval is available in most cases.

Can I get an auto loan at Alliant for my Tesla instead of an Alliant Tesla loan?

No, you cannot get an Alliant auto loan for a Tesla vehicle. If you are looking to finance a Tesla vehicle at Alliant, you will need to apply for a Tesla loan.

Are Tesla auto loans for all electric vehicles (EVs)?

No, Alliant Tesla auto loans are for Tesla models only. If you’re looking to finance another EV at Alliant, visit our auto loans page to learn more.

Who is eligible to join Alliant?

You are eligible to join Alliant if you:

  • Are a current or retired employee from one of the many businesses and organizations Alliant partners with in the U.S.
  • Are a domestic partner or immediate family member of a current Alliant member
  • Live or work in one of the communities near our Corporate Headquarters in Chicago. Check our website’s list of eligible communities to see if you qualify. 
  • If you are not eligible through another option, you can become an Alliant Credit Union Foundation digital inclusion advocate and become eligible for Alliant Credit Union membership. The Foundation’s mission is to provide reliable digital access resources to underserved communities including rural and digitally-challenged populations. The Foundation awards grants for educational and digital inclusion efforts nationwide. Alliant Credit Union will make a one-time $5 contribution to the Foundation on your behalf.

Note for non-US residents: You can become a member of Alliant if you live outside the United States, but only if you have either (1) a Social Security number or (2) an unexpired ITIN.