I am in the process of selling my ICE 5 series...I'm wanting a Model 3 and am in the dilemma of what to get in the mean time. What do you think of this plan?
Model S 70 with leather seats financed for 84 months at %1.99 ($72,500) I'm looking at payments of $925 a month.
Take delivery in April and guaranteed to be in the S for at least 12 months...not sure if to calculate payments out to September or later but just as an example 17 months total. ($15,725 cost of ownership) of course subject to change as each month I don't have a Model 3
-$7500 tax credit and about -$1400 (conservative) in gas savings over those 17 months puts me at a discount of $523.53 per month making my effective monthly payment $401.47
OBVIOUSLY these numbers change against me each month I don't have a 3 but that is ok I can afford it...my question is what will my depreciation look like? or trade in be like when I want to go from the S to the Model 3? Can anyone comment on how Tesla does it? Alternatively if I did a lease would Tesla allow me to trade into the Model 3 without penalty? (highly doubtful)
Model S 70 with leather seats financed for 84 months at %1.99 ($72,500) I'm looking at payments of $925 a month.
Take delivery in April and guaranteed to be in the S for at least 12 months...not sure if to calculate payments out to September or later but just as an example 17 months total. ($15,725 cost of ownership) of course subject to change as each month I don't have a Model 3
-$7500 tax credit and about -$1400 (conservative) in gas savings over those 17 months puts me at a discount of $523.53 per month making my effective monthly payment $401.47
OBVIOUSLY these numbers change against me each month I don't have a 3 but that is ok I can afford it...my question is what will my depreciation look like? or trade in be like when I want to go from the S to the Model 3? Can anyone comment on how Tesla does it? Alternatively if I did a lease would Tesla allow me to trade into the Model 3 without penalty? (highly doubtful)