CT Model 3 loans

[Vikman]

For those looking for good rates, you can get a 0.99% loan through a state EV program.

Special Offer for Electric Vehicle (EV) Buyers! | Connecticut Green Bank

Edit: Max $30,000 loan

 

[Dan_A]

I completely forgot about the CT Green Bank. This is great.

 

[Chips]

Borrower must be a Connecticut resident.

 

[SureValla]

Just did a quick calculation it appears that putting down the additional money to get the amount financed for my configuration would save me approximately $1700 in interest over the life of the loan (48 months). The question then is the extra money you put down worth it. Can I make more money say putting that additional downpayment in an index fund instead. My thinking is yes as it would only require the money to make a return of ~2.5% a year.

Will revisit though when I apply for a loan when I'm configuring.

 

[Vikman]

Just did a quick calculation it appears that putting down the additional money to get the amount financed for my configuration would save me approximately $1700 in interest over the life of the loan (48 months). The question then is the extra money you put down worth it. Can I make more money say putting that additional downpayment in an index fund instead. My thinking is yes as it would only require the money to make a return of ~2.5% a year.

Will revisit though when I apply for a loan when I'm configuring.

Hell you could but the money in a long term CD and get that too if you wanted to play it really safe. Especially with rates rising.

 

[Toppatop55]

Does anyone know if CT has a Tesla Dealer?

 

[Toppatop55]

searched for weeks for a local used Tesla in the 30K range just to get my feet wet before giving up my Audi but nothing found. now I'm thinking f just buying a 2018 MS 75D.

 

[Vikman]

Does anyone know if CT has a Tesla Dealer?

Nope, because of an archaic law banning direct sales from car manufacturers Tesla isn't allowed to sell in CT. You would have to go to NY or Mass. There is a store opening in Warwick, RI too but not sure when probably next couple months.

 

[Toppatop55]

Warwick???? very nice. I grew up in Warwick, and its much closer. Cant wait

 

[Vikman]

Btw...this is a petition to sign to try to bring Tesla into CT if you're interested.

Sign your name to bring Tesla to CT

 

[Dan_A]

Theirs a gallery in Greenwich and I think another should be opening eventually in maybe New Canaan?

 

[Toppatop55]

ABSOLUTELY!!!!!! signing petition now

 

[Toppatop55]

Done!!! feel like I should get sticker or something lol.