Ed Boysun - 9/27/2023 07:09
Today, a brand new Tesla would cost you about $42K with no incentives from the feds. Many folks can't come up with that kind of money in one lump, so they finance. That same car could be in your driveway with a $4.5 K down payment and $623 monthly for the next 6 years. A little less than the average car loan for the average ICE car that folks are buying. If you are able to charge at home, the gas savings will be significant. If you qualify for the tax incentive, that will more than pay for the down, with a bit left over to pay the monthlys for five months. If you had a referral from another Tesla owner, that would take $1K off the price and if you are able to locate an in-stock car, it would be cheaper yet. Recent data shows the average monthly for the average car being sold today is $729. The old saw about EVs being too expensive for the average buyer is kinda wearing out.
Now consider that Tesla will soon (2 years from now) have a $25K vehicle and you should be able to see where this is heading.
We used horses for thousands of years...
