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9 Posts
I'm making a post to go over my thought process but also looking for some sort of validation or counter opinions.
Model: Premium + Extended Range
I am considering canceling for 2 reasons:
When it comes to price, my initial calculations were off as I didn't really add the sales tax (ik I am stupid!). Here's how I am pricing things:
Base Price: 52K + Handling = 53.1K
+ Tax (9.25% San Jose) = 4.9K -> 58K
- Federal Tax Incentive = 7.5K -> 50.5K
I don't know if I am eligible for the California state tax incentive of 2.5K because my per capita is on the high end.
I don't know if there are any other incentives at play over here: any employee programs at my company (FB) OR any other incentives whatsoever. So I am looking at a 50K price tag which is a hefty one for my liking.
In terms of uncertainty, I might be moving to Texas in the next year, and essentially all the benefits that I was getting for "free" charging at my company are gone. With charging going to cost a pretty decent price tag from any where b/w 50-80% of the cost of gas, this adds another 5-6K to the tag over 5yrs for example. I am unsure if this is too aggressive but definitely not a conservative estimate. Other uncertainty is COVID still being at play and not driving as much in 2021.
I was actually hoping that the price tag of this car be around 40K with all the incentives (ignoring cost of electricity or gas) but maybe that was far fetched and I made a crucial error in not evaluating the 9.25% price tag for the car.
I am one of the first few that ordered. I think I am in the 10,6** range. Car goes into production in January and I am strongly considering my option here to not get this one. 90-10 rn.
Looking for some constructive criticism on the thought process here. Further if you have more details on incentives, let me know as that might help. Thanks for hearing me out!
Model: Premium + Extended Range
I am considering canceling for 2 reasons:
- Price
- Uncertainty for 2021 and moving forward
When it comes to price, my initial calculations were off as I didn't really add the sales tax (ik I am stupid!). Here's how I am pricing things:
Base Price: 52K + Handling = 53.1K
+ Tax (9.25% San Jose) = 4.9K -> 58K
- Federal Tax Incentive = 7.5K -> 50.5K
I don't know if I am eligible for the California state tax incentive of 2.5K because my per capita is on the high end.
I don't know if there are any other incentives at play over here: any employee programs at my company (FB) OR any other incentives whatsoever. So I am looking at a 50K price tag which is a hefty one for my liking.
In terms of uncertainty, I might be moving to Texas in the next year, and essentially all the benefits that I was getting for "free" charging at my company are gone. With charging going to cost a pretty decent price tag from any where b/w 50-80% of the cost of gas, this adds another 5-6K to the tag over 5yrs for example. I am unsure if this is too aggressive but definitely not a conservative estimate. Other uncertainty is COVID still being at play and not driving as much in 2021.
I was actually hoping that the price tag of this car be around 40K with all the incentives (ignoring cost of electricity or gas) but maybe that was far fetched and I made a crucial error in not evaluating the 9.25% price tag for the car.
I am one of the first few that ordered. I think I am in the 10,6** range. Car goes into production in January and I am strongly considering my option here to not get this one. 90-10 rn.
Looking for some constructive criticism on the thought process here. Further if you have more details on incentives, let me know as that might help. Thanks for hearing me out!