Finally paid off M3P just in time for Cybertruck!

[CactusPilot]

Felt great to payoff my M3P. Just in time for the Cybertruck. I'm around 12k in line!

Should have seen the look I got from the teller at my credit union when I said "I like to payoff my Tesla"

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[Gurule92]

Looks like you have a .06c balance to me!


Lol jkjk that's awesome congrats.

I just broke the 20k barrier on my MYP.

I was rushing super hard but with a 1.25% interest rate it felt right to slow down the payments and invest that $$ instead

 

[DMC-81]

Congratulations!

 

[pricedm]

Congrats on paying off the loan!

I did the same, then turned around and did the FSD transfer/ new Tesla purchase three days later. Will be using half the proceeds from selling my dinosaur/swamp burner when first new loan payment arrives mid-October and $12,500 tax refund March 2024 to get the loan balance down to a 12 month payoff...just in time for Cybertruck!

Other half of proceeds from selling ICE-mobile went to $TSLA. Might do the same with my tax refund. All excess cash goes to $TSLA.

 

[WHIZZARD OF OZ]

Felt great to payoff my M3P. Just in time for the Cybertruck. I'm around 12k in line!

Should have seen the look I got from the teller at my credit union when I said "I like to payoff my Tesla"

All about_ your 'sixth' cents.

 

[davelloydbrown]

My 2018 M3 was sold to me new for 66 K CAD plus 13% GST = 74 K CAD, which I paid for with a certified cheque.

But in 2018, our provincial government in Ontario was offering a $14 K CAD grant which the newly elected conservatives cancelled. It took 6 months but I finally got the grant.

Also, I had a 2010 golf diesel wagon, which VW lied about the emessions so they bought it back from me in 2017 for around $`14 K CAD (1/2 of what I paid for it with 250 K km on it).

So the M3 actually only cost me 38 K CAD (plus $8.58 K CAD in taxes).

I have probably saved at least $20 k CAD in fuel, oil changes and repairs (brakes), so even if I only get 30 K CAD (low mileage- under 100 k km) for my trade-in, it will help offeset the price of a CT which will probably be over 100 k CAD.

 

[Diehard]

How do you feel about moving from a Tesla with the best drag coefficient to one with the worse (probably)?

The heck with practicality. How about one of these slippery babies instead?

Then again, you can get 20 CTs with the same money.

 

[NiTeWoLF]

Felt great to payoff my M3P. Just in time for the Cybertruck. I'm around 12k in line!

Should have seen the look I got from the teller at my credit union when I said "I like to payoff my Tesla"

Congrats, I'm like 10k away from paying off my Model S. Just in time for the CT

 

[CactusPilot]

Forgot to mention..I've had this plate reserved for a couple years..looks funny on the MP3, but it will all make sense soon..

 

[LoneWolfO6]

Speaking of loans, I have another five years till my CT number comes up so will do the same probably twice in mean time. lol.

 

[SolarWizard]

Speaking of loans, I applied few months back, have good credit, etc. Bank’s max pre approved amount was under $40k?! Hope they still offer the $39,998 Cybertruck.

When you get ready to buy yours reach out to me.

 

[Crissa]

Speaking of loans, I applied few months back, have good credit, etc. Bank’s max pre approved amount was under $40k?! Hope they still offer the $39,998 Cybertruck.

Bigger down payment?

-Crissa

 

[Mini2nut]

Cybertruck, back into debt again!!!

Dave Ramsey would like to have a conversation with you

 

[CyberGus]

Cybertruck, back into debt again!!!

Dave Ramsey would like to have a conversation with you

Ramsay: Financing a depreciating asset is a bad financial move.
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