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No it isn't. It's creative math to get the mathematically challenged to jump in. Since math illiteracy in the US is common this is a very smart way to get idio

No it isn't. It's creative math to get the mathematically challenged to jump in. Since math illiteracy in the US is common this is a very smart way to get idiots with money to buy in. OK, say I have never owned a car and just got a job making $900 per month. No other expenses in my life. I jump on this deal. I then send 100% of what I earn to Tesla. Not $500. I have to send them all of it. I don't get to magically deduct fuel I will never purchase and pretend I am spending less. My bank account would be empty every month.

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ricardobeat 14y ago
Do you really believe that could happen? I bet that guy owns a lot of property on the moon. A lease wouldn't even be approved with that salary in the first place. Different scenario: you get a job making $900/month and you jump on an offer for a $400/month car. It never crosses your mind that you'll have to pay for insurance, gas, maintenance and taxes and you end up spending your whole salary on it. This actually happens all the time. As stated on Tesla's page: This calculator is intended to give you an idea of how much you can save by driving Model S compared to a gasoline sedan. We also encourage you to think about Model S ownership in terms of true out of pocket cost. When considering the savings from using electricity instead of gasoline, depreciation benefits, and other factors, buyers can save hundreds of dollars per month compared to owning a gasoline powered car.
- robomartin 14y ago
  Oh please, it was a dumb example to highlight the reality of the deal. I am buying a Tesla. I am tired of gasoline and I like the car. I am simply not delusional as to the real cost of the thing. Actually, I am buying two. The next one has to be an SUV though. I just wish they didn't resort to cheap-car-salesman techniques. I had a friend get excited about buying a Tesla because he thought it would cost him $600 a month. He was not happy to learn that the real cost was closer to $1,000. Now he thinks Tesla is a huge scam. I doubt he will ever consider their cars again. Based on that data point alone I have a feeling this creative financing campaign could be damaging their image to some degree.

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ricardobeat 14y ago

Do you really believe that could happen? I bet that guy owns a lot of property on the moon. A lease wouldn't even be approved with that salary in the first place. Different scenario: you get a job making $900/month and you jump on an offer for a $400/month car. It never crosses your mind that you'll have to pay for insurance, gas, maintenance and taxes and you end up spending your whole salary on it. This actually happens all the time. As stated on Tesla's page: This calculator is intended to give you an idea of how much you can save by driving Model S compared to a gasoline sedan. We also encourage you to think about Model S ownership in terms of true out of pocket cost. When considering the savings from using electricity instead of gasoline, depreciation benefits, and other factors, buyers can save hundreds of dollars per month compared to owning a gasoline powered car.

robomartin 14y ago
Oh please, it was a dumb example to highlight the reality of the deal. I am buying a Tesla. I am tired of gasoline and I like the car. I am simply not delusional as to the real cost of the thing. Actually, I am buying two. The next one has to be an SUV though. I just wish they didn't resort to cheap-car-salesman techniques. I had a friend get excited about buying a Tesla because he thought it would cost him $600 a month. He was not happy to learn that the real cost was closer to $1,000. Now he thinks Tesla is a huge scam. I doubt he will ever consider their cars again. Based on that data point alone I have a feeling this creative financing campaign could be damaging their image to some degree.