How to Refund Tesla's Deposit?
2 Answers
Tesla's deposit refund can be directly applied for on the official website. Here is more information: 1. Tesla's deposit refund conditions. Tesla's official website states that only refunds before selecting vehicle configurations and confirming the order are eligible for a full refund. Tesla's vehicle purchase deposit must be used to pick up the car within 180 days; otherwise, it will be treated as a penalty and forfeited. 2. Tesla's new sales policy. Tesla's China official website has changed the rules for the initial order (deposit), reducing the original amount and making it non-refundable and non-transferable. Additionally, Tesla has adjusted the reservation policy for all its models. Previously, the paid deposit was refundable, but under the new policy, the deposit can only be refunded if certain conditions are met.
Last year I ordered a Model Y but later changed my mind about getting a refund for the deposit. It was quite convenient to do it directly on the Tesla App: log into your account, go to the My Orders page, and click cancel. The system will prompt for confirmation, and the deposit should be refunded to your original payment method within about 7 days. I remember my refund arrived within a week, and I felt Tesla's process was pretty smooth. However, it's important to note that their policy states deposits are refundable within 7 days; beyond that, don't count on it. I had a friend who delayed a few days and didn't get their money back. Also, for custom or special configuration vehicles, the refund policy might be stricter, so it's essential to read the terms beforehand. Overall, acting quickly is key to avoid wasting money. Buying a car is a big decision—taking more time to research is always better than rushing into an order you might regret.
