If anyone has ever had to cancel a car sale you’ll realize how much of a hassle it truely is to “return a car”
Your credit report will show a loan even after it’s been cancelled for weeks.
I once cancelled financing for a car due to it not being as described. Started looking for a new car and found it.
Got denied for a loan because my score showed a 60k loan with 0 payments made. It took almost 2 months to fully remove it from my report and start with a clean state
In summary, Tesla is essentially saying “you can’t test drive it but if you don’t like it you can cancel your car search for a few months and ding your credit score for nothing”
This is like mattress stores that give you a “free trial”, they know the resistance to actually doing ending your “trial” is crazy high
If anyone has ever had to cancel a car sale you’ll realize how much of a hassle it truely is to “return a car”
Your credit report will show a loan even after it’s been cancelled for weeks.
I once cancelled financing for a car due to it not being as described. Started looking for a new car and found it.
Got denied for a loan because my score showed a 60k loan with 0 payments made. It took almost 2 months to fully remove it from my report and start with a clean state
In summary, Tesla is essentially saying “you can’t test drive it but if you don’t like it you can cancel your car search for a few months and ding your credit score for nothing”
This is like mattress stores that give you a “free trial”, they know the resistance to actually doing ending your “trial” is crazy high