No. Why on earth would anyone take out a 11% loan to buy a half-baked $6000 software?
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Should I buy FSD before Nov 11, 2019, price hike? [Update: OP did not buy FSD]
- Thread starter 4rjun
- Start date
notAnExpert
Member
At that interest rate, I wouldn’t spend $40K to $50K on a new car, let alone FSD. A reliable, recent model, used car (including g some EVs) can be bought for $10K-$15K.
6g on something that will likely not come to reality anytime soon along with all the regulatory obstacles in different states. O, not to mention depreciation. Your fsd will be worth a lot less by the time FSD becomes reality.
Like virtually everyone said before, invest the money and you'll be much better off.
Like virtually everyone said before, invest the money and you'll be much better off.
Or go back in time and buy Tesla Stock
If i could go back in time, I would just buy Bitcoin when they were like $.25.
Adding to what others had already said, at your age there will be some bigger expense in life. I'd rather see you have an extra $7000 in 3 years and keep saving until you have enough for a downpayment on a condo. You're living in America where there are a lot of financial benefit for owning a home through mortgage. You might not feel like it now but you will thank yourself in 10 years for buying early.
If you happen to get a great job that pays well after you graduate, you can then decide to buy FSD after it goes up in price. If you buy it now you'll be paying an extra $1000 in interest anyways for a product that isn't ready.
Garlan Garner
Banned
The ONLY part about your post that I disagree with is the 11% interest rate.
Now...if the interest rate was 0%.....would I agree with you buying FSD?
It all depends on the other circumstances in your life that come about. You are in your last year of college - which means that you don't have a job yet.... hmmmm…. wait a min....
You don't have a job yet and someone is willing to give you a loan? Who are these people?
And now I see that you are going to med school? Who are these people?
Enginerd
Member
Does anyone know if the +$1k price increase applies to the EAP --> FSD upgrade also? I'm apparently a minority in this forum, but I'm ready to jump.
I'm finishing up undergraduate this year, taking a gap year with research and matriculating in medical school with the class of 2025 (hopefully)... the pathway of 80% of the doctors lol
Yeah I've gotten a decent enough credit score (~740) bc my car and my dads car being under my name. I get money from a stipend/scribing/parents(the majority), which would allow me to be approved from the loan myself.
Good luck with your med school.
Your consideration of taking out an 11% loan to purchase FSD shows surprisingly poor judgement from a pre-med student.
Similar threads
