I’m in the camp that says even if you have the cash to buy outright, with the current low interest rates it makes no sense to do so. You can easily invest that cash into almost anything smart and make a higher rate of return than what you pay in interest. Your car in the short term at least with current demand will appreciate higher than that rate too. Just something to think about.
After exploring various financing options I've decided to pay cash, initially. May refinance with DCU @ 1.25%, or invest the $2500 savings, by not financing, in PPF, ceramics, and other accessories. The cash is from the sidelines, relatively dormant, earmarked not to invest, which makes the Tesla a good use of funds. Would have to pay it off in monthly installments anyway, at a higher rate, which is a big PITA! And don't particularly like a bank's name on my ride's titl