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Lower your VLF by daying purchase of Ludicrous until after sale?

Discussion in 'Model S' started by sorka, Aug 18, 2016.

  1. sorka

    sorka Active Member

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    In CA, your yearly VLF is based on your purchase price. If you intend to get Ludicrous, why not wait and add it right after you buy the car so that the $10K is not included in your VLF every year?

    Really wish you could edit the title after posting :(
     
  2. jeffro01

    jeffro01 Active Member

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    Interesting, you could essentially do the same for AP if it wasn't for the additional cost...

    Jeff
     
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  3. number12

    number12 Member

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    Simple. Financing. 1.74% vs cash
     
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  4. sorka

    sorka Active Member

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    #4 sorka, Aug 18, 2016
    Last edited: Aug 18, 2016
    Like it!

    So if you don't finance it, any good reason to pay for it up front? 4 years of depreciation leaving 51% of the residual over 4 years means that extra $10K costs you $590 over 4 years.

    If you do finance it, the 2% VLF on the purchase price minus the depreciation over the life of the loan looks like it will be nearly a wash with current interest rates.

    If upgrading right after you buy the car, then it comes down to if you're paying cash and removing that asset from something that is making more than 1.74% vs financing it at a higher rate than you could get on a new car loan.

    And don't forget the possibility that financing the extra $10K could push you into a higher loan rate. I have part of my P85D financed at 1.24% with DCU. I would have done the whole thing if I could have gotten the same rate.
     
  5. spock1701a

    spock1701a Member

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    I did not think that the Ludicrous option was available after delivery. I thought that was just something Tesla did for P85D owners that just missed the P90Ds. I don't see it as something that can be done after delivery on the design page. I have seen this suggested for the options that are allowed after delivery like AP and the charger upgrade, as well as the ESP and pre-paid service.
     
  6. sorka

    sorka Active Member

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    It's a $10K software upgrade for the P90D unlike the P85D which also required a hardware upgrade. i.e. All P90Ds are actually Ludicrous cars software limited to Insane.
     

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