rass2024
New Member
- Thread starter
- #1
Hello everyone,
I`m super excited to be part of this community. Apologies in advance for the long post.
I live in Norcal, but I found a dual-motor, large-battery R1S with FPP in SoCal, scheduled pick up end of next week. I`ve pre-order pricing purchase Vs lease options. For purchase, the final price will be $70400 (after a $17510 voucher, monthly payments of $1345 with a 10 K down payment, or 1535 with a 5K down payment, Apr 7.4, I prob could get it 6.4 Apr) before taxes & other fees. I signed the purchase before AUG 2022, so there is a possibility for an EV Tax credit from 2022. For the lease, my monthly quote is $747.81 /m (after a $7500 Tax credit, $1000 non-refundable deposit, 5K Capitol cost reduction/discount & 5K down payment) or $907.16 (without a down payment).
I do not want to make a down payment with the lease to avoid the risk of losing that money in the event of total loss.
Here are my questions
1. To take advantage of preorder pricing, I'm tempted to purchase with the possibility of an EV Tax credit but no guarantee (Purchase agreement signed before 08/2022). of course, much higher monthly payments and a possible risk of decline in the market value of the company, etc.
so,
a. would you purchase or lease?
b. Has anyone successfully gotten the full Tax credit in this scenario with the 2022 tax amendment?
c. Looking at the numbers above, can someone comment on whether the lease pricing is good for this market?
d. And, Is it okay to drive > 800 miles right off the lot ( Socal to Norcal)? Hope this is not too crazy an idea (it`ll be a massive surprise for the family if I can pull it off)!
Thanks a lot
I`m super excited to be part of this community. Apologies in advance for the long post.
I live in Norcal, but I found a dual-motor, large-battery R1S with FPP in SoCal, scheduled pick up end of next week. I`ve pre-order pricing purchase Vs lease options. For purchase, the final price will be $70400 (after a $17510 voucher, monthly payments of $1345 with a 10 K down payment, or 1535 with a 5K down payment, Apr 7.4, I prob could get it 6.4 Apr) before taxes & other fees. I signed the purchase before AUG 2022, so there is a possibility for an EV Tax credit from 2022. For the lease, my monthly quote is $747.81 /m (after a $7500 Tax credit, $1000 non-refundable deposit, 5K Capitol cost reduction/discount & 5K down payment) or $907.16 (without a down payment).
I do not want to make a down payment with the lease to avoid the risk of losing that money in the event of total loss.
Here are my questions
1. To take advantage of preorder pricing, I'm tempted to purchase with the possibility of an EV Tax credit but no guarantee (Purchase agreement signed before 08/2022). of course, much higher monthly payments and a possible risk of decline in the market value of the company, etc.
so,
a. would you purchase or lease?
b. Has anyone successfully gotten the full Tax credit in this scenario with the 2022 tax amendment?
c. Looking at the numbers above, can someone comment on whether the lease pricing is good for this market?
d. And, Is it okay to drive > 800 miles right off the lot ( Socal to Norcal)? Hope this is not too crazy an idea (it`ll be a massive surprise for the family if I can pull it off)!
Thanks a lot
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