Buy a Tesla Model 3?

[Dulce Beltran]

I am in the position to go green aka electric thanks to solar, the numbers all make sense to move in this direction. My net out of pocket expense is roughly $14K, finance it with a low payment, and rapidly pay it off. Of course this is inferring I receive the Fed Credit, CA state rebate, and cash for selling my current vehicle. 

Here's my dilemma, I know vehicles are depreciating liabilities, Tesla does not guarantee their batteries (many do not w/the exception of Hundyai) and it adds to my personal DTI which of course effects the ability to purchase additional RE. After learning of RE potential wealth growth, I no longer value a vehicle as a consumer, I see it as a liability. With that said, in RE we learn to pay ourselves first, this would be a way to pay myself first. Lastly, any vehicle I have purchased is a vehicle I intend to keep for 20 years before purchasing another.

What would you do? 

[Jay Hinrichs]

No way on this site will any one agree with buying anything but a used beater LOL.

I have two teslas that I bought brand new  an X and An S  both going on 3 years old both never been in the shop.

they are the best cars I have ever owned and I would no way go back to a ITC engine..

my out of pocket for energy to drive the cars is less than 20 a month each.. and I get free super charging so when I am on the road I pay nothing for gas.. no oil no maintenance there is Nothing to maintain..  software updates come in over the internet.. so your car is always evolving and your getting the latest and greatest features all for free.  you plug it in at home at night when rates go down .. you can time when it starts charging.   So depending on battery you choose in the model 3 unless you routinely drive more than 200 to 250 miles PER DAY  you simply plug it in when you come home each evening just like you would a golf cart after  a round of golf.   If you cant set up your own charging at your home then it can be an issue..  it cost about 150 to have a electrician run a 240 from your breaker box.. its like setting up for a dishwasher . 

My daughter bought a 3 6 months ago and just loves it.. and I know numerous other folks that have them that love them.

just like many talk about doom and gloom in the economy..  I think Tesla has paved the way to change how auto manufacturers are going to look in the future.. like in Scandinavian countries they out law gas cars after 2022 I think all cars have to be electric.  Not to mention crash worthy wise they are the safest car on the road.. and you don't need that until you really need it.. I would never drive some little light weight thing that would get crunched in a wreck.

With Telsas incredible supercharging network they are miles ahead of everyone else..  I get free super charging for life for my cars.. 

But then again it depends on where your at in your life and career..  

and is a US company creating US jobs.. 

Let me also add for California drivers  FREE use of the HOV lane with only one person in the car.. RIGHT there that's worth the price of the car.. Time is money.

PSS  also with the new model 3 you will be able to get a full charge at the super charger in 15 minutes .. no slower than stopping and pumping gas and getting all dirty doing that.. now I Oregon its illegal to pump your own gas generally so many people in this state don't know how to pump gas or work a gas pump.. :) truth. !!