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Aug 28, 2015
6:47:17am
I don't think anyone here can talk someone out of a $6500 down $1250/month
(that's like my mortgage) LEASE where you'll probably end up owing at the end and perpetually roll it into the "next model".

It's obviously a poor financial decision anyway you look at it (just run any future/time value calc); however, being a car guy myself only you can say if it's "worth" such a poor financial decision.

Your lease is so expensive, you could have bought a gas-guzzling V8 SUV at 14MPG, driven the same amount of miles, and STILL saved money, so don't fool yourself into thinking the Tesla is a "smart" choice because it's an EV. I ran the calcs once during the first gen Honda Civic Hybrids and you'd have to drive the hybrid nearly 150k miles to break-even vs. getting the basic gasser, and that's assuming you'd NEVER have to buy a new battery pack in that amount of miles. The money on EVs just doesn't work out (even though I'd LOVE to have a BMW i8...)

But you know all this, else you wouldn't have found yourself in a job making this kind of money.

It's a sweet sports sedan. If you want to burn your money on this fun car: Go For it! I never discourage anyone from driving fun/cool cars; however, DO NOT try to fool yourself into thinking this is a business expense (if you can still deduct for, by all means do it) or it's a "smart decision", because it isn't. It's a fun car than many of us dream of opening up on the interstate just once, let alone owning/leasing.

Enjoy it, live the dream, but don't try to kid yourself that it's the "smart money". . Oh, and make sure your wife is on board. Money arguments suck.


Post pics when you get it!
Bert609
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Bert609
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