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To: BobL
and second the vast majority of people here are NOT RICH and simply don’t have an extra $80k sitting in the bank to buy a Tesla instead of an Accord.

I would assume that vast majority of of Americans don't have the means to buy an Accord with cash either. If one follows the 20/4/10 rule, Tesla's are are really only affordable to those in the top ten percent income bracket. A $70K four year loan at 3% is going cost ~$1550 a month. Add in insurance, electricity, maintenance, etc I would think the monthly total would come in around $1850...

147 posted on 04/06/2015 12:09:20 PM PDT by EVO X
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To: EVO X; BobL
Would like to add that the Tesla falls under "luxury" car so as with any luxury item, one should be able to pay cash. In other words, if one needs to finance a luxury item, one can't afford it! They should go ahead and finance that Accord and save some more money.

Agreed on government subsidy. I'm against it.

148 posted on 04/06/2015 12:27:49 PM PDT by SamAdams76
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