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How I bought a Tesla for $78 Per Month
by Graham Stephan
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📚 Main Topics
Online Car Buying Experience
The ease of purchasing a Tesla Model 3 online without prior experience or test driving.
Comparison to traditional car buying methods.
Cost Breakdown
Initial price of the Tesla Model 3 and additional costs for upgrades.
Explanation of federal and state rebates that reduce the effective price.
Financing options and their implications on overall cost.
Delivery and Ownership Experience
Initial expectations for delivery time and actual delays.
First impressions of the car upon delivery and any issues encountered.
Financial Strategy
Tax benefits associated with purchasing the car for business use.
Calculation of effective monthly cost after rebates and tax write-offs.
Surprise Reveal
The excitement of surprising a family member with the new car.
✨ Key Takeaways
Convenience of Online ShoppingThe process of buying a Tesla online is likened to a seamless e-commerce experience, contrasting sharply with traditional dealership visits.
Hidden CostsThe initial price of the Tesla Model 3 can be misleading due to additional options and upgrades that quickly increase the total cost.
Financial IncentivesUnderstanding available rebates and tax credits can significantly reduce the effective cost of purchasing an electric vehicle.
Delivery ExpectationsBe prepared for potential delays in delivery times, as initial estimates may not always be accurate.
Long-term Financial PlanningFinancing the car can be a strategic decision, especially when considering potential returns on investments versus paying in cash.
🧠 Lessons Learned
Research and PlanningThoroughly research all costs and incentives before making a purchase to understand the true financial implications.
AdaptabilityBe flexible with expectations regarding delivery and be prepared for changes in timelines.
Embrace Online TrendsAs online shopping becomes more prevalent, adapting to this trend can lead to more efficient purchasing experiences.
Leverage Financial ToolsUtilize financing and tax strategies to minimize out-of-pocket expenses and maximize savings.