AgTalk Home
AgTalk Home
Search Forums | Classifieds (55) | Skins | Language
You are logged in as a guest. ( logon | register )

We used horses for thousands of years...
View previous thread :: View next thread
   Forums List -> AgTalk CafeMessage format
 
IHC 1470
Posted 9/27/2023 11:09 (#10418332 - in reply to #10417930)
Subject: RE: We used horses for thousands of years...


Idaho

Ed Boysun - 9/27/2023 05:09

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.



Ed do you recall the discussion awhile back we had about freedom? https://talk.newagtalk.com/forums/thread-view.asp?tid=1128379&posts=60#M10398255  It appears we have totally different view points  about freedom. Last time I looked Proverbs 22:7 makes it pretty clear "The rich ruleth over the poor, and the borrower is servant to the lender" I find it interesting you are promoting slavery in this day and age.

I know many fall for the trap, happened to me once too.

Is it not just as easy to pay yourself that $623.00 a month for 6 years? At that time you would have a little over $49K plus what interest you gained if you include the original down payment figure you quoted. 

In that 6 year time we can also see if that Telsa is standing up and worth the purchase. With $49K in hand I bet I can get a reasonably good deal to boot.

For that 25K car you are talking about, 3 years at $623 gets me close to that figure with interest. Well worth waiting and saving for.

I would not have to worry about a lender taking the car if I fell on hard times for a few months, I would not in slavery to a lender. Now that is what I call freedom. What say you?

Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)