265 mi range at 90% shown in demo Cybertruck driven by Marques Brownlee MKBHD

[canyoncarver]

My current home has appreciated over $600,000 in less than 20 years and I wouldn't have been able to get into this home when I did if I hadn't stretched to buy my first home when I was younger.... which meant buying a home instead of a fancy car.

Anyways, this is getting off topic.

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[freakyguy666]

How do you figure? You said $500k, of which $135k is cash eq, leaving $365k, at 6% compounded over 8 years you’d still be hundreds of thousands short of 7-figures….perhaps youre assuming after tax & expenditures savings of ~$36k per year? Meaning you’re saving ~$2,000 a month after taxes & monthly expenses?

 

[Bigfoot DeLorean]

How do you figure? You said $500k, of which $135k is cash eq, leaving $365k, at 6% compounded over 8 years you’d still be hundreds of thousands short of 7-figures….perhaps youre assuming after tax & expenditures savings of $35k per year? Meaning you’re saving ~$2,000 a month after taxes & monthly expenses?

He would need to put in ~$20k/yr to hit 7 figures given a global 6% return. Not a stretch.

 

[freakyguy666]

He would need to put in ~$20k/yr to hit 7 figures given a global 6% return. Not a stretch.

Depends on how you define “stretch”…putting every extra penny into the stock market on the hope that it continuously goes up every single year is quite a stretch!

 

[freakyguy666]

$66k a year in a 401k is ultra high and if you have that much excess income it’s unclear why you would not be able to afford a home even with rates & prices where they are at.

Not adding up….

 

[freakyguy666]

Ah, so contrary to what you wrote, owning a home IS in the cards…you just simply choose not to….HUGE DIFFERENCE! The truth comes out! Lol

 

[Coolbreeze704]

What forum am I in?

This is the Cybertruck forum, correct?

Thought I somehow got on a Dave Ramsey forum or something.

 

[freakyguy666]

Bottomline: it’s your CHOICE not to buy a home. Time will tell if that was the correct decision or not. My bet is that is a mistake. We’ll see in 8 years how home prices appreciate….

 

[alcstarheel]

So… yeah…

anymore guesses on the true range for the Dual ?

 

[freakyguy666]

The fact that you are seemingly unaware that Rates are already dropping is not surprising….and you could have made the same argument when rates were at 17%…yet prices continually moved HIGHER…

SO AGAIN: YOUR CHOICE. And I bet you’ll regret it. And you’ll be 40.

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