Would it be worth the investment? I'm considering getting a new car, I think the teslas got it all imo. Would it be a good car to buy? I know it's a new company and all, so is it pretty risky getting this vehicle?
[QUOTE=find me;47097690]Would it be worth the investment? I'm considering getting a new car, I think the teslas got it all imo. Would it be a good car to buy? I know it's a new company and all, so is it pretty risky getting this vehicle?[/QUOTE]
It takes a long, [B]long [/B]while for it to pay off compared to a traditional gas vehicle- Assuming a ~15,000$USD car you would essentially be paying for 28333 gallons of gasoline at $3/gal, and assuming an average of 30mpg you would need to drive 850k miles for it to pay off from a fuel perspective. This also doesn't take into account your electric bill and maintainence costs.
If you want to invest in Tesla, wait for them to develop better technologies and when their cars are affordable for under $50k. They're likely only going to get cheaper.
As an investment, cars are always terrible in terms of depreciation...
If you want to invest, stocks, bonds, mutual funds are generally what is done...
They are swank cars, for sure, but I wouldn't buy one. Until the price goes down it just isn't worth it.
[QUOTE=TomatoFlakes;47097712]It takes a long, [B]long [/B]while for it to pay off compared to a traditional gas vehicle- Assuming a ~15,000$USD car you would essentially be paying for 28333 gallons of gasoline at $3/gal, and assuming an average of 30mpg you would need to drive 850k miles for it to pay off from a fuel perspective. This also doesn't take into account your electric bill and maintainence costs.
If you want to invest in Tesla, wait for them to develop better technologies and when their cars are affordable for under $50k. They're likely only going to get cheaper.[/QUOTE]
that's kind of a shitty argument because if you're buying a new car anyway either way then you're clearly not trying to offset your fuel costs
Depends on how much you have, if you are pretty affluent, then go for it since they are quite nice. But if you're middle class or so I wouldn't spend that much money on a car.
Save for a Tesla model 3 supposed to be cheaper.
The model s is more comparative to a Mercedes or an Audi than a standard commuter car. You don't buy one because you need a car, as cool as they are.
It's a luxury car and its priced like one.
[editline]8th February 2015[/editline]
The model 3 will be your average joes Tesla
Thanks for the input guys!
BUY A TESLA. TESLAAA. ermergard tersleerrrr.
There's a lot more things to consider than just the straight price of a car. Even if someone just [i]gave[/i] the average person a Lamborghini for example, it would be too expensive. The price of insurance, and cost to run a vehicle is way more than just the plan to finance it. There'll be all sorts of challenges involved with having a new type of car so unless you're super loaded and just want a car to make your friends jealous don't do it
[QUOTE=TomatoFlakes;47097712]It takes a long, [B]long [/B]while for it to pay off compared to a traditional gas vehicle- Assuming a ~15,000$USD car you would essentially be paying for 28333 gallons of gasoline at $3/gal, and assuming an average of 30mpg you would need to drive 850k miles for it to pay off from a fuel perspective. This also doesn't take into account your electric bill and maintainence costs.
If you want to invest in Tesla, wait for them to develop better technologies and when their cars are affordable for under $50k. They're likely only going to get cheaper.[/QUOTE]
Why would you compare it to a 15k gasoline car? You don't buy a Model S [I]just[/I] because it's electric, there are cheaper electric cars (like the BMW i3, VW e-up! etc). You buy a Model S because it's electric [I]and[/I] a really luxurious and high-tech car.
[QUOTE=TomatoFlakes;47097712]It takes a long, [B]long [/B]while for it to pay off compared to a traditional gas vehicle- Assuming a ~15,000$USD car you would essentially be paying for 28333 gallons of gasoline at $3/gal, and assuming an average of 30mpg you would need to drive 850k miles for it to pay off from a fuel perspective. This also doesn't take into account your electric bill and maintainence costs.
If you want to invest in Tesla, wait for them to develop better technologies and when their cars are affordable for under $50k. They're likely only going to get cheaper.[/QUOTE]
The Model S is a luxury car. The price for one isn't going to go down very much. If you're looking for a luxury sedan and can afford a luxury sedan, insurance and all, then it would be a great car to buy.
[editline]10th February 2015[/editline]
But you also need to take into consideration how you're going to charge it. If you live in an apartment it's not going to be very convenient because you likely won't have access to a fast source of power. If you rent a house you'll need to know if you can install a charger in your garage, etc.
Well hey it's a matter if you can afford it or not. You're obviously not going to be able to afford one outright, so you'd have to finance it. But consider the opportunity costs. Say it costs you like $100 per week to just finance it, not even including the cost of insuring it (which is an absolute-must for such an expensive car) or the costs of recharging it. That $100 per week can be the difference between renting a unit, or the mortgage payments for owning your own home. That $100 per week can be the difference between buying anything you want at the supermarket, or having to check the price tag on everything you buy and having to go for mid-range products rather than higher quality ones. That $100 per week can be the difference between treating your partner and yourself to a fancy restaurant and a night out once per week, or staying at home and watching shit on TV.
Facepunch has a huge boner for Teslas for some reason, but honestly, unless you're someone who has a six-figure, secure job, just don't. Getting a car on finance, such an expensive one nonetheless, can absolutely ruin you if things turn bad.
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