I would love to own a Tesla Model S (who wouldn't?) but can't wait for the 3 years that the next gen Tesla's will be arriving. I don't have 10 to 15 percent to put down on the Tesla at the moment but was playing with the Alliant financial calculator and thought: what if I financed for >7 year? How about 10 years? I could afford those payments at 1.x% -- can you finance a vehicle for longer than 5, 7 years? Is that a nutty proposition? A $1,000 plus car payment will never be in the cards for me, however, a $450 to $550 is.
Okay, I'm nuts - I would really like this ride to own, guess I'll wait 3 years
- if anyone has a loaner in NJ for a day, a week, a month - I'm your guy - fully insured, would treat it like gold.
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