TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker or making a Paypal contribution here: paypal.me/SupportTMC

To order or not to order.

Discussion in 'Canada' started by B8BB8B, Oct 7, 2016.

  1. B8BB8B

    B8BB8B Member

    Joined:
    Nov 25, 2015
    Messages:
    85
    Location:
    Calgary, AB
    Hey guys,

    Last April I ordered a fully decked out P90D X. Life got in the way where I had to leave the country for work and had to cancel my order - well Tesla let me put it on hold till I come back ( 1 year hold )

    Now I'm back early but I've been thrown another curve ball. I've been given the amazing opportunity to travel till next April. With that being said I just sold my house in Calgary and will be moving to Vancouver while I travel. We currently have our ICE SUV, which really does the job for now but I want to get on and re order my X ( now it will be P100D! )

    I kind of want to hold off in case they do another big upgrade to the interior / exterior in the next year. On the flip side I want this thing ASAP so I can enjoy it!

    A couple things that are going through my head.
    A fully loaded X is going to be a hair over $220,000. If I leave that money in the bank I'm going to make a aggressive 6-10% over the next year.

    I will miss out of potential new things on the X if I hold out till next year to order.

    More bugs hopefully will be worked out by next year.

    Last but not least, I won't get to enjoy the car when I'm not traveling.

    Thoughts?

    ( first world problem, I know. )
     
  2. EV-lutioin

    EV-lutioin Member

    Joined:
    Apr 2, 2016
    Messages:
    459
    Location:
    California
    6-10% ?? Let me know where you are investing, I am all in :)
     
  3. B8BB8B

    B8BB8B Member

    Joined:
    Nov 25, 2015
    Messages:
    85
    Location:
    Calgary, AB
    Way to help me answer the question....haha

    6% is very doable! I have my lady in Kamloops who makes magic happen.
     
  4. Canuck

    Canuck Active Member

    Joined:
    Nov 30, 2013
    Messages:
    3,960
    Location:
    South Surrey, BC
    #4 Canuck, Oct 7, 2016
    Last edited: Oct 7, 2016
    You need to tell me your net worth, and how many dependents (or children you want to leave an inheritance to) before I can answer your question.

    I say that somewhat tongue-in-cheek because I don't expect you to tell me, but it is the answer to your question and only you can answer that question.

    I will only say this: if you can afford it, life's far too short not to be driving a Tesla today -- or 2.5 years ago for me and I have no regrets (well maybe a little) buying mine before AP came out. I'm not getting any younger.

    (Is your 6 - 10% guaranteed? Kamloops? Is that the residential rental market?)
     
  5. B8BB8B

    B8BB8B Member

    Joined:
    Nov 25, 2015
    Messages:
    85
    Location:
    Calgary, AB
    I'll give you a not so in depth version.

    I'm 28, married with no kids and no plan for kids right now.

    I've set enough away for retirement but I will be renting for the next year while we travel.

    After we are done traveling we will buy / build a house - with that being said we are in the spot where we will never need to have a mortgage again. ( Unless we do something crazy ) I could potentially retire right now but lets be honest, I am 28, I plan on working another 30 years.

    I'm so torn if I should put that money to a better use or just live life.
     
  6. Krugerrand

    Krugerrand Active Member

    Joined:
    Jul 13, 2012
    Messages:
    4,283
    Location:
    California
    Money isn't everything. Your world could change tomorrow such that all the money in the world doesn't make it better/fix it. I agree that life is too short. You've been very financially responsible (and lucky????) to this point. Get the darn Tesla already. :D
     
  7. Canuck

    Canuck Active Member

    Joined:
    Nov 30, 2013
    Messages:
    3,960
    Location:
    South Surrey, BC
    Retirement is over rated. Family and kids make life worth living but are not cheap.

    Have you had a test drive?
     
  8. B8BB8B

    B8BB8B Member

    Joined:
    Nov 25, 2015
    Messages:
    85
    Location:
    Calgary, AB
    Test drove the S, I've been out of the country busy to get to take the X out.

    I get back to Calgary on Nov 3 and have to pack up the house to move on Nov 10. Probably off to Van after that and then I will have a chance to test drive the X.
     
  9. Canuck

    Canuck Active Member

    Joined:
    Nov 30, 2013
    Messages:
    3,960
    Location:
    South Surrey, BC
    Ken Dryden said "Goaltending is about 50% of the game. Unless you have bad goaltending, then its 80%".

    The same applies to money.
     
    • Like x 2
  10. Canuck

    Canuck Active Member

    Joined:
    Nov 30, 2013
    Messages:
    3,960
    Location:
    South Surrey, BC
    Do your travels involve taking your ICE vehicle? If not, then what's the point of buying a Tesla then going away?
     
    • Like x 1
  11. B8BB8B

    B8BB8B Member

    Joined:
    Nov 25, 2015
    Messages:
    85
    Location:
    Calgary, AB
    The end of our travels need a vehicle to tow. Other than that it will mostly be over seas.

    Our plan is to do 30 days home, 30 days abroad ( we have 2 fur babies we can't leave for that long )
     
  12. fallen888

    fallen888 Member.. hehe, I said "member"

    Joined:
    Jul 27, 2016
    Messages:
    472
    Location:
    Philly(ish), PA
    Life is short. Have fun.
     
  13. hingisfan

    hingisfan hingisfan_Mark_V

    Joined:
    Oct 19, 2013
    Messages:
    764
    Location:
    Kingston, Ontario
    Compromise?
    Buy a 90D now, don't go crazy on the options, spend about 140k-150k. Then you can enjoy now and not get killed so bad on trade later if you choose to. 90D is plenty fast.
     
  14. EV-lutioin

    EV-lutioin Member

    Joined:
    Apr 2, 2016
    Messages:
    459
    Location:
    California
    There is always leasing....
     
  15. Krugerrand

    Krugerrand Active Member

    Joined:
    Jul 13, 2012
    Messages:
    4,283
    Location:
    California
    Good thing it's a team sport and there's a defense. So, no. I don't believe that but then I have a different view about money than a lot of people.
     
  16. B8BB8B

    B8BB8B Member

    Joined:
    Nov 25, 2015
    Messages:
    85
    Location:
    Calgary, AB
    Lease with no job? lol
     
  17. B8BB8B

    B8BB8B Member

    Joined:
    Nov 25, 2015
    Messages:
    85
    Location:
    Calgary, AB
    Go big or go home....hahah

    Really though, already spending 6 figures on a vehicle. What's another 60k
     
  18. Navsarin

    Navsarin Member

    Joined:
    Nov 28, 2015
    Messages:
    78
    Location:
    Canada
    6% in a year? (Fyi...wit oil went up 12% in just the last 1 week alone) lol.

    You seem like your in a position to purchase without financial consequence however given your travels, perhaps unnecessary until your back on a more permanent basis?

    The 90D suggestion is a good one I'd say.
     
  19. beeeerock

    beeeerock Active Member

    Joined:
    Mar 12, 2015
    Messages:
    1,372
    Location:
    Kamloops BC Canada
    Just do it. Life is short.
     
  20. LastGas

    LastGas Member

    Joined:
    Aug 13, 2016
    Messages:
    241
    Location:
    South Carolina
    A year without a Tesla is not worth some possible interior upgrade next year.
     
    • Like x 2

Share This Page