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Must be nice to be rich.
by ramijames 7y ago
Must be nice to be rich.
- grumple 7y agoYou're on a forum for venture capitalists and software engineers...
- dang 7y agoThat's not a good way to describe HN. Yes there are a lot of software engineers here, but there are many others as well. They're just as welcome and HN is just as much "for" them.
- gwbas1c 7y ago> Must be nice to be rich. Money is about priorities. In my case, I'm an environmentalist. A good friend of mine, who's an Uber driver, just bought a Model 3 Dual Motor, same car that I have. (Although I don't know if he paid for enhanced autopiolot.) > Must be nice to be rich. Money is also about understanding the difference between the cost of equipment versus the cost of ownership. A gas car costs more to operate than an electric car. It's easy to misunderstand the cost of an electric vehicle. In general: 1: $60k: I spent (rough numbers) $60k on a Model 3 Dual Motor 2: -$10k: I got $7500 back from the federal government, and $2500k from my state. (Purchased in December 2018) 3: -$10k: I will save (rough numbers) $10k over the life of the car because charging at home is cheaper than buying gas, and because electric cars are much cheaper to maintain. (I had a Leaf for 4 years and only paid to rotate the tires.) My Model 3 Dual Motor is (roughly) like spending $40k on a gas car. Plenty of middle-class people buy cars in this price range. The difference is that more of my ongoing costs are in the loan, which never changes, compared to things like gas, where the price fluctuates.