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Recent content by 3silverISgold

  1. 3

    Total braking system failure?

    I definitely leaned in on the pedal, but it wouldn't budge.
  2. 3

    Total braking system failure?

    The physical braking system in my Model 3 completely failed this morning. I didn't realize it until I got on the freeway ramp and almost hit the car in front of me. Luckily, the regen braking was enough to slow the car down. The brake pedal felt like it was in a locked position at the top of...
  3. 3

    How I bought my Tesla Model 3 Dual Motor for free

    I guess the only difference for me is that instead of having imaginary Bugatti’s, I added a Model 3 to the house I already had for the same cost of paying the mortgage.
  4. 3

    How I bought my Tesla Model 3 Dual Motor for free

    I agree with this strategy also as a fellow shareholder.
  5. 3

    How I bought my Tesla Model 3 Dual Motor for free

    I saved $90k by borrowing against the HELOC to pay down my mortgage principal balance. At the time when I did this, I used about $66k from HELOC. This was a number that my wife and I were comfortable paying off within 12 months. HELOC has a revolving credit door giving you flexibility when you...
  6. 3

    How I bought my Tesla Model 3 Dual Motor for free

    Amen to that dmurphy. My goal too is to get out of mortgage debt as quickly as possible.
  7. 3

    How I bought my Tesla Model 3 Dual Motor for free

    The true misconception is only looking and comparing the interest rate itself. Paying interest of 3% of >$500,000 loan over 30 or 100 years is not cheap. Any sound person would, of course, invest the money elsewhere for higher gains through diversification.
  8. 3

    How I bought my Tesla Model 3 Dual Motor for free

    That is exactly the same principle. Save money by doing some smart (re)financing, then use the money to get something of a higher value than making somebody else pocket fatter with interest payments. Just this week I locked in a 15-year refi loan at 2.625%. 0 closing fees and will actually get...
  9. 3

    How I bought my Tesla Model 3 Dual Motor for free

    I live in Southern California and the purchase price of my modest-size house was $750,000. We refinanced to a 3.375% mortgage in 2016. If my wife and I made more money back then, it would have made sense to convert to a 15-year loan, but we didn't have the means. I used the money from heloc in...
  10. 3

    How I bought my Tesla Model 3 Dual Motor for free

    LOL. I would rather be in your position!
  11. 3

    How I bought my Tesla Model 3 Dual Motor for free

    I saved over $90,000 in future mortgage interest charges by using this method just in the first year. I used the money saved to buy my Tesla Model 3 basically for free. If you have a 30-year mortgage that is a few years old, then this method might work for you as well. The basics: You take out...
  12. 3

    Premature tire wear from regen braking system

    From my OP, I ruled out over inflation due to using Tesla's recommended tire pressure. When in fact, this should have been my main clue. I am driving now with 38 PSI cold and I have not seen any noticeable difference in battery efficiency from my work commute of 30 miles each way...
  13. 3

    Premature tire wear from regen braking system

    How is the ride and handling at 35 PSI?
  14. 3

    Premature tire wear from regen braking system

    Great answer!!! Deflate gate.