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How to convince a wife that a tesla is a great addition to my garage?

Discussion in 'Model S: Ordering, Production, Delivery' started by Brittt1, Dec 30, 2013.

  1. Brittt1

    Brittt1 Member

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    #1 Brittt1, Dec 30, 2013
    Last edited: Apr 30, 2014
    Title says it all..

    Hi all, have been looking at a tesla MS for quite sometime; about 3 years ago I purchased a Chevy volt and have loved every part of it. The car it replaced was a Jeep Grand Cherokee Hemi which averaged about 13MPG, needless to say on my 32 mile commute I have hardly used any gas in my Volt for three years (5 fill ups, no real service and 100% reliable). However, I'm ready to move up (wife knows this but is in denial as she doesn't really like to spend any money on

    Here are my thoughts: Get rid of the Lincoln (I negotiated a great deal so the loss is only about $5-6K, still hurts within a year). I would then keep the volt for the long trips (wife can use it for local daily routines as she works from home) so no gas $$ except long trips which is a good compromise.

    So, what would you do (I guess some of that will be biased)?


    • IS keeping the Volt the smart thing to do (I'd lose like 20K on its three year purchase price if I sold)?
    • How do I present this as a a good thing to my wife? :crying:)?
    • I like the idea of a used model (around 70-80k) what would that get me 60 or 85 ? The TAX credit benefit really isn't that enticing for me to buy new as it seems to come off the price of a used vehicle anyway and you have to wait over a year for it.
    • What about an inventory car, worth the look?
    • financing, should I finance for like 75% and then pay a chunk off when i sell the MKX privately, no rush right when money is practically free these days?
    • Fairfax county property Tax (NoVa residents would know this), urghhh, is it really 3K for year 1? I guess if i get a used one then its less? this could be a deal breaker with the wife (an additional $3K is a huge amount to pay in property tax for a car a year, especially on top of the 10K i already spend for my home county property tax) and the 4% sales tax.

    Anyway thanks in advance for your advice, I'm sure some of this resonates with the folks here and I look forward to being part of the community.

    Best

    Brittt1
     
  2. ScottyNeutron

    ScottyNeutron Member

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    My wife is so cheap, she loses it if I buy a sausage mcmuffin over making breakfast at home. After one drive in a Model S, she was sold. That's the trick. Get her to test drive one. We'll be ordering ours soon.
     
  3. 40percent

    40percent Member

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    Buy it for your wife as a gift. This is why I have a P85+ in my garage right now. I bought it on my birthday and it arrived on her birthday and I said I got it for 'our birthdays'. If she is upset about the gift you bought her, then just look hurt.
     
  4. Merrill

    Merrill Active Member

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    Just go for a test drive, that is all that is needed. With your income just buy what you want, life is to short and enjoy it while you can.
     
  5. 772

    772 Member

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    It's hard. In the end, the money isn't the real issue. It comes down to whether or not they like the car, the concept of EVs, and can adjust/live with the limitations (which are quickly being addressed).
     
  6. sp4rk

    sp4rk Banned

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    #6 sp4rk, Dec 30, 2013
    Last edited: Dec 30, 2013
    Double post?
    Sorry.
     
  7. sranger

    sranger Member

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    I just told her I was the man and she was the woman and we were getting a Model S.....

    Now I am sure that you all know that is exactly how it happened...:tongue:

    I just told her that this was important to me and the car would be hers in four years after it is no longer allowed on my company auto plan (no more the four model years old) and she could drive it any time I was not using it. This lets the company pay a good chunk of the price. I let her pick the colors (women really like that).

    She also knows how much fun I have had with my 1974 VW Thing I converted to electric drive. Even she admitted that she has enjoyed that car. We drive it almost every day to the park to get some exercise in a really nice local park. Since it still has a clutch and four speed manual transmission, she is a little afraid to drive it without me in the car. She can of course drive the Model S anytime she likes with no issues. She has wanted a hybrid for a few years now and the pure EV was an easy sell once I put all of the number together. I will cost us about $25-30k more to own than the cars I typically put on my auto plan. (There is a minimum value requirement as well)
     
  8. yobigd20

    yobigd20 Well-Known Member

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    I bought the car first, then told the wife afterwards. Better to ask for forgiveness than to ask for permission. You screwed up.
     
  9. sp4rk

    sp4rk Banned

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    #9 sp4rk, Dec 30, 2013
    Last edited: Dec 30, 2013
    If you really mean "my salary with bonus is high six figures", I can assume you mean $750k a year.

    So ... what's the question?
     
  10. Canuck

    Canuck Active Member

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    That's exactly what I thought.
     
  11. yobigd20

    yobigd20 Well-Known Member

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    Thats not what I thought. Usually when someone says that immediately I think high 100s. Not nearing 7 digit range. You wouldn't be asking this question if that was the case.
     
  12. Brittt1

    Brittt1 Member

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    Didn't check what I posted quite good enough, should have been high $200's
     
  13. 772

    772 Member

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    He's not asking whether he can afford the car, he's asking how he can sell the car to his wife. I completely sympathize with you OP... it's hard when someone is in denial or oblivious to how much they spend on gas. They just look at the sticker price for the car and (ir)rationalize away the gas as being a small expense, and not an ongoing obligation.
     
  14. Todd Burch

    Todd Burch Electron Pilot

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    With a salary in the high $200s, you shouldn't be asking this question either. Are you mad? People with salaries in the $80-90k range ask this question...not those in the high $200s!

    (Just joshing about the mad thing)...but seriously, you're lucky enough to make bookoo bucks. Take the wife for a test drive. If at your income she still doesn't want it, then either get a new wife or buy it and just don't tell her :).
     
  15. Brittt1

    Brittt1 Member

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    Thank's for the responses, I don't think I'm going to get her in the car for a test drive either. I may just go with the following:

    Present her with a TCO spreadsheet with the Volt, Tesla and Lincoln. Plug in all the numbers and base it on a 5 year cost of ownership and value of car after 5 years. Using the numbers on the forum I have worked out that I will break even on my ownership after year 5, basically the MS will be worth the same as the difference between what the Lincoln would be worth and the amount of additional $$ i have spent on the Tesla vs spent on maintaing an ICE. Its very close at year 5.

    Other questions I have on the used car market:


    • before they split all the options how do you know what options are included with a base Tesla MS 60 and 85 from a Vin Posting, how do I know what type of suspension it has, interior options, tech package etc?
    • I assume the warranty is transferable, are there any other gotchas?

    I'll edit my other post once I am able to.

    Thanks again

    - - - Updated - - -

    I get what you say but you have to look at the whole picture (Retirement account, goals etc) Im still cutting it close on projections, plus the cost of living in Northern Virginia (Falls ChurchI isn't like living in Ohio or West Virginia (Have family there). 200K here is 90K there.
     
  16. Blurry_Eyed

    Blurry_Eyed MS Sig #267, MX Sig # 761

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    #16 Blurry_Eyed, Dec 30, 2013
    Last edited: Dec 30, 2013
    1) is keeping the volt the smart thing to do - Depends on how you define smart. If smart is paying a relatively lower amount of money for transportation, then keeping the Volt vs. buying a new Model S is very smart. If smart is defined more as spending your money on something that you will have more fun and enjoyment and support a company that is trying to change the paradigm we live with about sustainable transport, then selling your Volt and buying the Model S is a very smart move.

    2) How to present this to your wife depends on what she values. If she values having money, then it's a hard sell vs. the Volt. The Volt from an operational cost will compete very nicely against a Model S, especially if you seldom kick in the Volt's gas engine. Even if you keep the Model S for decades, it will not pencil out against a Volt if you keep the Volt for a similar length of time (You might make an argument for similar value if you include depreciation, but then someone could counter with opportunity cost of money and how you could have invested the money elsewhere and made more money than the depreciation lost over time). You might be able to argue that the Model S is a more well built car and would last longer vs. a Volt because of less complexity (no Internal Combustion Engine) but that would require some assumptions that your wife might not believe, or wouldn't be strong enough to overcome her skepticism. If she values safety, then you can build a strong argument for the Model S. With over 100 million fleet miles traveled, there still has not been a serious injury or death in a Model S, even with some horrific sounding accidents that have happened. If she values emotional experiences, the case can be built for the amazing emotional experience the Model S brings to you every time you get into it. It is just an amazing car to experience on an every day basis.

    3) Used Model - $70-80k, I think you could get an 85kW car if you looked around enough, but I think the cars with enough mileage to get the car depreciation down to that range are pretty rare finds right now. It seems as if there is a larger market for 85kW cars that might have a few thousand miles on them where owners decided they wanted to upgrade to P85's or P85+ cars. It will be easier to find a 60kW used car in that price range, but I would suggest you get an 85, especially if your wife is on the fence.

    4) Inventory cars are fully backed by Tesla, so they are probably worth the look, but you can probably find an equivalent car on the used market for less, but both inventory cars and used market cars are still not easy to come by if you are looking for a very specific configuration.

    5) Financing. Money is still very cheap, so I tend to say finance and use the banks money.

    6) Don't know about Fairfax county tax so can't give you good info here!

    Additional thoughts on the wife factor - My wife was uncertain about the Model S and taking her on a test drive as a passenger and also having her drive the car helped with some of them. She still had concerns that could not really be addressed until we actually had the car in our possession, so she had to take some things on trust and faith in the research I did on the car and how confident I was in it (For us it was basically sight unseen because we were Signature owners). If you can find some people in your area that have a car, see if you can arrange a meet up with them so your wife can ask them about the car and their experience with it, that is a great way to get an outside opinion that she might listen to from a different perspective than just hearing your thoughts.

    Also I would tend to build the case for the car around its safety, performance, comfort, statement factor (helping us as a world move toward sustainable transport), practicality (tremendous carrying capacity) and the fact that we spend a lot of hours of our life sitting in a car so spending money in that area of life actually can make more sense based on use time vs. spending money on stuff we don't spend that much time using.

    You can also tell your wife that my wife now totally loves our Model S. It is actually her every day car and she reluctantly lets me drive it on occasion (we also have a Leaf which is my every day car). She has gone from a skeptical, reluctant buyer to a fanatical fan of Tesla and our Model S. Prior to this we had never spent more than $30k on a car, so this was an extreme leap for both of us. She thinks it is an incredible car that has totally been worth what we spent on it. Plus she now never has to go to a gas station, stand out in the cold weather and pump gas! She actually really loves that benefit quite a bit.
     
  17. Canuck

    Canuck Active Member

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    Tell your wife that buying a Tesla is an investment in your children's, and your grandchildren's, future. Tell her that people like you who can afford it have a moral obligation to buy this car since there are so many selfish people in this world with money who will only buy an ICE vehicle and Tesla needs all the help and support it can get in order to change the world, one vehicle purchase at a time. That way she will look selfish if she refuses... ;)
     
  18. steve841

    steve841 Active Member

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    Far easier to beg forgiveness than ask for permission ...
     
  19. Bardlebee

    Bardlebee Member

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    Unless its after the divorce. Haha.

    I am not sure what most can tell you to help. You know your wife better then anyone will ever know her. I think maybe you need to talk to her yourself on what her gripes are about the car. Is it too expensive? Try to let her know you agree, but (insert the bonuses and points here). Tell her you are passionate about it.

    In the end, if she doesn't agree with it I wouldn't do it. Marriage is a team effort and a purchase this large could be used in an investment in both your futures. Regardless if you are the bread winner or not in the family, I think she may be seeing you spending the money on something that may not be the best option for your future and is concerned.

    Lets be honest. A car in general, especially a car as expensive as the Model S, is not a good investment financially. You will both have to be on board with this before you go forward, unfortunately the only thing that is universal to all people is they change perspective when driving the car. That is the only thing I think is worth recommending.
     
  20. Denarius

    Denarius Active Member

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    To sell my wife on the car I just told her how much trunk space it has. :biggrin: Her response was "Sold, don't tell me how much you spend."

    And she picked the paint color.
     

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