Given the choice between:
1) putting down a $40k deposit in 2012 for a vehicle and car company with massive uncertainty and paying another $95,000 in 2016 to finally get the car
vs
2) paying $215k only now for a car that you can inspect and take delivery of right now and know exactly what you are getting.
#2 will be a better deal for many people.
Especially when you factor in the opportunity cost and risk of the $40k deposit locked up since 2012.
Putting the $40k into TSLA or even the S&P 500 in 2012, and then buying a Model X in 2016 for $215k would be a better economic deal for anyone.
In fact I would say that the person who buys this Model X now for $215k (and thus was not out $40k since ~2012) made a financially better decision than everyone who was out 40k since 2012/2013 waiting for a car that they knew virtually nothing about from a company that was still very uncertain.
Risk and time = money
Pay $ to avoid risk and delay -- perfectly reasonable trade-off.
1) putting down a $40k deposit in 2012 for a vehicle and car company with massive uncertainty and paying another $95,000 in 2016 to finally get the car
vs
2) paying $215k only now for a car that you can inspect and take delivery of right now and know exactly what you are getting.
#2 will be a better deal for many people.
Especially when you factor in the opportunity cost and risk of the $40k deposit locked up since 2012.
Putting the $40k into TSLA or even the S&P 500 in 2012, and then buying a Model X in 2016 for $215k would be a better economic deal for anyone.
In fact I would say that the person who buys this Model X now for $215k (and thus was not out $40k since ~2012) made a financially better decision than everyone who was out 40k since 2012/2013 waiting for a car that they knew virtually nothing about from a company that was still very uncertain.
Risk and time = money
Pay $ to avoid risk and delay -- perfectly reasonable trade-off.
