Hello!
I wanted to get some feedback and information from you guys since people here sound like experts! I am 30yr old and I think I am ready for my first Tesla. Currently I do have a Model 3 (March 31) reservation but I really like the look of the S and performance a lot more than the 3. I have been considering buying a new Model S 75. I am trying to figure out my best option for the car that I most want. Here is some of the things I would like on the S: Blue exterior, Ultra-White Interior, Auto-pilot
I have been able to find a few new inventory that are $1,000 off from what they cost new so nothing that great compare to building new. Do you see any larger discounts ever on the Model S 75 than a 1k discount?
With that all said then it comes to payments
So I currently have a 370z which Tesla offered me 14k for. I think its low for my car and i feel i could sell the car for 18-19k privately. If i buy the car is it best to put as much down up front and have lower month payment (18k car + 1k model 3 reservation + 6k cash) 25k total down would be around $850/mo. I would get the 7500 to refill the extra cash i put down to get it to 25k
Or is it better to put only the 18k that i am getting for the car and pay a higher monthly payment? 950/mo
They also through out the possibility of leasing the car
The numbers were $90,000 for the car, -2000 adjustment total 88k for the Model S
Putting 14k (trade) + 2,500 deposit + 1,000 model 3 reservation my monthly payment would be 700/mo for 15k miles for 36 months with a 54k residual value
So if i do my math correctly i would be spending $41,800 over the life of the lease with a buyout value of 54,000 at the end of the lease. If i did purchase this car at the end i would be spending an additional 7-8k and not receiving the federal tax credit.
Sorry for the lenghtly post but i hope someone can help give me some insight or suggestions
Thanks,
Kevin
I wanted to get some feedback and information from you guys since people here sound like experts! I am 30yr old and I think I am ready for my first Tesla. Currently I do have a Model 3 (March 31) reservation but I really like the look of the S and performance a lot more than the 3. I have been considering buying a new Model S 75. I am trying to figure out my best option for the car that I most want. Here is some of the things I would like on the S: Blue exterior, Ultra-White Interior, Auto-pilot
I have been able to find a few new inventory that are $1,000 off from what they cost new so nothing that great compare to building new. Do you see any larger discounts ever on the Model S 75 than a 1k discount?
With that all said then it comes to payments
So I currently have a 370z which Tesla offered me 14k for. I think its low for my car and i feel i could sell the car for 18-19k privately. If i buy the car is it best to put as much down up front and have lower month payment (18k car + 1k model 3 reservation + 6k cash) 25k total down would be around $850/mo. I would get the 7500 to refill the extra cash i put down to get it to 25k
Or is it better to put only the 18k that i am getting for the car and pay a higher monthly payment? 950/mo
They also through out the possibility of leasing the car
The numbers were $90,000 for the car, -2000 adjustment total 88k for the Model S
Putting 14k (trade) + 2,500 deposit + 1,000 model 3 reservation my monthly payment would be 700/mo for 15k miles for 36 months with a 54k residual value
So if i do my math correctly i would be spending $41,800 over the life of the lease with a buyout value of 54,000 at the end of the lease. If i did purchase this car at the end i would be spending an additional 7-8k and not receiving the federal tax credit.
Sorry for the lenghtly post but i hope someone can help give me some insight or suggestions
Thanks,
Kevin