{ "media_type": "text", "post_content": "350k income, no loans. Is buying a new Tesla a bad decision?", "post_id": "60c50745c3bf13002fd9043b", "reply_count": 130, "vote_count": 19, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }

350k income, no loans. Is buying a new Tesla a bad decision?

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Buy it. I have a Tesla and even after a year of owning it, the current resale value is slightly below a new Tesla. With Tesla wait times for new cars, I’m pretty certain I could get a good bargain if I were to sell mine. This isn’t about how much you make. This is a financial decision. No gas, no maintenance, no oil etc, and resale value strong. all notwithstanding the fact that the car drives like a breeze and I absolutely love it every single minute I’m in the car. Buy it.

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EY3 - Porsche 911 (mines 7 years old and I’m being offered $5k more to trade in than when I bought it), Ford Transit (I bought one to convert in 2018, and now, the 2018s listed out there are $15k more than when I bought it), Toyota FJs, almost any Jeep, Toyota 4Runner, Nissan GT. Your Tesla doesn’t even make the list of 15 cars that hold value (google it) - it’s just a crazy market right now. When things go back to normal, nobody in their right mind will buy one of those 2nd hand…

If you have that kinda money, and aren't thinking about anything else other than 0-60 in 1.9 seconds - go for it since you've almost made your mind to get it. Just be aware that the fun of accelerating so fast will soon fade away, will reduce your mileage and hurt your tires. If you want to make an informed decision with your 8 month salary, you should definitely compare it with other options in the market. Also, why don't you get something that will give you more value. Look at Mercedes EQS - It is so much better than the Model S Plaid if you compare what it has to offer as a luxury vehicle. If you're paying 130K, better get something that might catch someone's eye. The model S is so commonplace, no one even turns their head to see them anymore. Another option is the model X. An SUV is more practical and if you raise a family now or in the near future, you will need more space. And those falcon wing doors are a huge flex. The EV market is gonna evolve tremendously in the next 18-24 months. So we don't really know how the depreciation curve for any of the current EVs will look like. A reason why Teslas don't depreciate much is the fact that there's no competition right now - there's either a second hand tesla or a brand new one.

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Hahahah I am an associate who makes 85k and have one. Go for it. I mean I am saving so much gas money with all that driving I do (okay that is how I justified it to myself)

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Op was talking about the new model s plaid.

*jerking off motion*

likefunny

🍆👋

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Why would that be a bad decision

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I’m thinking the 130k one with the sub 2 0-60. It’s like 8 months of after-tax income.

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What level you at at S&?

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Battle of the rich! This is my subscription to watch

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350 bro take me with you 😳😳😳

likefunnysmart

Tesla’s are expensive commuter cars. They are cool and perf is good. You can also get a Benz or other luxury brands and drive across the country. Gas $$ is not going to make up for the premium on an EV. They’re cool, fast, pretty good quality, but it’s a commuter car due to range.

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@Mck1 300 mile/4-5 hr for one way is still a lot! Or else you can just charge in middle

Every single car-enthusiast friend I have that has bought a Tesla cannot wait to get rid of it…

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Great answer P2! Now I understand.

Oof, I'm hoping to get a new job soon at $150k and finally be comfortable getting a model Y...

likeuplifting

I wouldn’t buy a car that’s 1/3 of my annual salary, but that’s me

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Syncsort out here thinking everyone's buying new cars lol

Just pay for it in cash with that salary

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I can’t imagine buying a tesla that wasn’t new. Does the hardware/software age well on those things? I can’t imagine even buying a used, three year old phone.

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Every other car does not have this! It’s absolutely nuts!

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Not even sure why you would ask a question like this unless you really wanted to flex today

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Why did you write this

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My M3 has brought me great joy driving it for the last 3 years. If you do not have any debt and can pay cash for it then go for it.

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Wow the Tesla cult is definitely strong. There is so much competition coming out i.e. Mercedes ESQ, Cadillac Lyriq, Audi, Volvo, GM, Ford, Lucid, Fisker, etc. We’re all gonna fall into the line of capitalism and buy EV’s 5 to 7 years just as we do with ICE cars. Beyond that repairs get costly. We’re all just cogs in the wheel, with the expectation of game changers who will change the world.

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Uh huh. “Tesla-killers” all on the way, huh? How does Elon sleep at night? Maybe because he’s seen the track record of Tesla killers to date.

So much tesla hate from people who don’t own one.

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Treat yourself

Buy 2

Pass on it.

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Post for likes! 😤

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Not seeing any other posts!

Getting this off my chest!

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Post without company

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Do you see this post? 12:59am

Changed my company but it didn't update!

Ah now it did.

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What are some good companies to work for in Dallas?

test post from test

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Post for comments

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Where is a new build???

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@Accenture, What to do after switch to CDO? I was C&M and my PTO and benefits are going down now. My job will become more implementation b&tch work. I’m so mad but trying to channel my anger instead.

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PSA: Uber app now allows for separate business profile

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Doing personal travel on the weekend before the holiday and cringing at how inefficient & slow everyone is.

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My former PM actually told me he rolled off my team because I wouldn't reschedule my PTO. I had this PTO scheduled since June. Another person took 3 weeks of PTO and she was retained. Unethical?

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That moment when someone in your client meeting comes across your hinge options...

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