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Buy Tesla Y or Not


sendral_nakka

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4 minutes ago, AndhraneedSCS said:

You can buy it if you are in need for a car. 

 

I assume that the car prices will go down in 2023 as demand fades and supply chain issues are all resolved.

Not really in need, my primary car is MDX and it drives beautifully...

Thinking  of saving on depreciation (Sec 179) with an year end purchase

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19 minutes ago, sendral_nakka said:

Booked one for delivery in Dec with $7500 rebate.

In two minds, Buy or Not...

Suggestions

First, this discount is only available if you take delivery this year. As in, within the next week. Good luck getting one in a week.

This is because the US Treasury department just announced changes to how they're doing EV tax credits that means Teslas qualify for a $7500 tax cut next year which they won't have now.

So first off, it's not a good deal because the price is somewhat equivalent to what it'll be in the future.

Second off, Tesla prices have been hiked $10-30K across the board since 2020. They've also cut LIDAR and used a cheaper battery chemistry on the base Model 3 that loses much more range in the winter. Nothing else in the industry has been price-gouged so heavily. It's a bad deal.

If I really wanted a new Tesla, I'd personally wait a few months. Used Tesla prices are falling drastically, and especially with the tech and automotive recession... If they're ever going to lower prices, it won't be long.

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14 minutes ago, sendral_nakka said:

Booked one for delivery in Dec with $7500 rebate.

In two minds, Buy or Not...

Suggestions

Tesla demand is going down.. the prices will go further down as the inventory goes up… China lo factory close chesaru for few weeks as they have enough inventory and also Covid fears..!

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22 minutes ago, yemdoing said:

First, this discount is only available if you take delivery this year. As in, within the next week. Good luck getting one in a week.

This is because the US Treasury department just announced changes to how they're doing EV tax credits that means Teslas qualify for a $7500 tax cut next year which they won't have now.

So first off, it's not a good deal because the price is somewhat equivalent to what it'll be in the future.

Second off, Tesla prices have been hiked $10-30K across the board since 2020. They've also cut LIDAR and used a cheaper battery chemistry on the base Model 3 that loses much more range in the winter. Nothing else in the industry has been price-gouged so heavily. It's a bad deal.

If I really wanted a new Tesla, I'd personally wait a few months. Used Tesla prices are falling drastically, and especially with the tech and automotive recession... If they're ever going to lower prices, it won't be long.

Yeah, my delivery is scheduled for 30th and I am aware of EV credits stating next year but that depends on income and I dont think I would qualify.

I can claim a depreciation of 18k incl bonus if I buy one car this year through my Llc.

Depreciation is 10% for first year/10k miles - is it more?

 

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1 hour ago, sendral_nakka said:

Yeah, my delivery is scheduled for 30th and I am aware of EV credits stating next year but that depends on income and I dont think I would qualify.

I can claim a depreciation of 18k incl bonus if I buy one car this year through my Llc.

Depreciation is 10% for first year/10k miles - is it more?

 

Why don’t you go for Model X where you can take 100% depreciation this year itself 

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38 minutes ago, megadheera said:

Why don’t you go for Model X where you can take 100% depreciation this year itself 

Next year I plan for a Rivian R1S for a full writeoff

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