Responding To Comments: Buying A Tesla (Part 1)

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  • Опубліковано 13 бер 2024
  • Running the numbers to see if we can justify if Uber and Lyft drivers should buy a brand new TESLA.
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КОМЕНТАРІ • 26

  • @FutureRideshareMillionaire
    @FutureRideshareMillionaire  2 місяці тому

    The viewer has updated me with his actual numbers. We'll review them live Tuesday at 3 PM EST!
    ua-cam.com/users/liveRciAhRc0lSU?si=-zHVH8JL9DtDSm7-
    I MIGHT change how I feel in light of his new information.

    • @Mdalamin-ch8tv
      @Mdalamin-ch8tv 2 місяці тому

      advance live schedule sir ?

    • @FutureRideshareMillionaire
      @FutureRideshareMillionaire  2 місяці тому

      Ill pre schedule all of them for the rest of the air. Will that work better than a schedule?

    • @Mdalamin-ch8tv
      @Mdalamin-ch8tv 2 місяці тому +1

      ​@@FutureRideshareMillionairesir your work plan is very good and your content is always good so go ahead sir I support you from Bangladesh i watched you . thanks sir

  • @Tch5802
    @Tch5802 2 місяці тому +2

    California power companies offer HUGE rebates for Tesla charging (6¢ to 8¢ perh kWh), because it lowers their emissions and generally uses night time electricity which they find hard to sell.
    So Tesla can be as low as 2 cents per mile vs 8 for Prius.

  • @lellius
    @lellius 2 місяці тому +1

    Why are we comparing the cost of a BRAND NEW Tesla with a USED Prius? You can literally get a used Tesla that's still under warranty for around $25k.

  • @zaddyghost
    @zaddyghost 2 місяці тому +4

    You do not need to replace your battery that many times with a Tesla 😂😂😂 omg do people really think that? If you have to replace it and I mean IF it would be once.

    • @akeem11h
      @akeem11h 2 місяці тому +1

      Where did they get $5k plus for Tesla maintenance? A bit more research is needed here.

  • @callestudio
    @callestudio 2 місяці тому +1

    Facts the industry does not want you to save and build for yourself rather invest in them 💭

  • @DylanMcElliott
    @DylanMcElliott 2 місяці тому

    we used to have a tesla it’s fire 🔥

  • @zlatkojerkovic9456
    @zlatkojerkovic9456 2 місяці тому +3

    With the Uber black/Lyft black, he's able to essentially start a business if that is his aim. I assume most private clients rather be picked up in a TESLA vs. Prius. Plus it's introducing you to people that have the money to pay you well. I don't think it's as simple as the numbers game, because you never know where 1 better client can take you if you have a proper car. If he ends up with a livery fleet/business or gets a connection that helps him into something else etc. Point being it could potentially open some unknown doors, that down the line make it worth it.

    • @callestudio
      @callestudio 2 місяці тому

      True

    • @callestudio
      @callestudio 2 місяці тому

      But with a prius you can save up more and pay that off cash 💰

  • @callestudio
    @callestudio 2 місяці тому +1

    Love your content bro good information all i can say is you think like i do smart man 🙏 keep it up

  • @FlyWithTyy
    @FlyWithTyy 2 місяці тому

    Anyone else have FSD V12.3?👋🏼 just did a 13 hour shift with my Model 3 long range and damn it’s impressive only 2 disengagements and felt smooth and better than a human 90% of the shift🙌🏼 it’s like I wasn’t even working just chilling and monitoring the system! Can’t believe it’s only $200 a month for software like this❤️

  • @agl6183
    @agl6183 2 місяці тому

    I bought a used mazda $4k cash. I have made $3,000 this month on 1,700 miles. Gas expenses $250. Just cherry-pick. 😂 Most passengers don't give a shit that you're driving a tesla. They just want a ride.

  • @jredge5957
    @jredge5957 2 місяці тому +1

    Why invest in a Tesla to drive for non paying companies. That's digging yourself into bankruptcy 🤷🏿‍♂️🤦🏿‍♂️🤣

  • @adolphusjefferies1856
    @adolphusjefferies1856 2 місяці тому +1

    ❤❤❤ Tesla works for Uber! My market does not support this OVERPRICED setup in San Diego, California!!!

    • @shabadime10
      @shabadime10 2 місяці тому +1

      How's the San Diego market for RideShare in general?

    • @adolphusjefferies1856
      @adolphusjefferies1856 2 місяці тому +2

      @@shabadime10 Historically, the first quarter is the slowest period. Spring break is here!!! Business is picking up! I only drive part time. I specialize in Super early airport reservation requests and military bases. My market is GREAT and getting better! The money is good but it does not support full time engagement! I only drive during peak hours!

  • @TexasTint_Pro
    @TexasTint_Pro 2 місяці тому

    Honestly there is nothing like older cars any Corolla any Prius any hybrid and the reliability isn’t there of teslas becomes more expensive at the end of the day at some point will be paying more money with Tesla cuz you will going to replace tires more often insurance will be up in the sky all those factors at the end of the day you will be paying more money for Tesla than any Corolla Prius or any hybrid those tesla still more expensive no matter what
    The only deal is that they are still new and everyone goes bend over for new teslas

  • @nirglazer5962
    @nirglazer5962 Місяць тому

    It's more 'worth it' to get an older prius than a new tesla but there's a few things about this math here. I'll do my own rundown here - feel free to correct me. I'll use a new tesla anyways, even though an older tesla is like 27k and still under warranty. i'll run down through 5 years - no car battery changes because the data is showing currently that batteries are needed to be replaced even less often than tesla thought, especially if home charging.
    1.) cost/mile after electricity rebates in cali is around 2-3 cents per mile, we'll use 3. the prius i'll give it 7 cents/mile. that's 4 cents per mile difference. using his 40k miles and extrapolating per year we get 70k miles a year. that's a delta of 3500 a year.
    2.) you used the 10 year maintenance of a new prius, not an old 15k one. a 15k prius is like 10 years old. when plugging in the depreciation for these cars, we get around 400 bucks a year difference between them (and i've heard from first-hand accounts that teslas don't even get to the 400 bucks i'm using here). that's a difference of so that's 4
    3.) insurance for teslas does cost more. i'll use 120 bucks for prius/month, and for tesla 250 a month (i see less, and i see more, i'll use 250). that's a difference of 1600 a year.
    5.) a new tesla is 49k. california offers up to 2000 just from what i'm reading. fed offers 7500. he bought for 40000. let's up that to 46k after interest.
    his trade-in would be 15'ish-k , and so he lost 30k. in those years the prius is going to be worth 'for parts' after doing that mileage on a 10 year old car. so that's losing 10k (being nice). delta is 20k on 5 years. (4k a year)
    without the extra money from doing uber black etc, he's at (3500 + 400 - 1600 - 4000) = -1600 a year if he bought it with a 6k loan on those 5 years. likely he had better rates (definitely not 8.3%), and he's more than likely making that up with uber black. also he gets to drive a new tesla and not an old prius, which while not making financial sense, does have some value. 1600 a year is 140 a month. i bet with the upgraded tiers one can make that back.

    • @FutureRideshareMillionaire
      @FutureRideshareMillionaire  Місяць тому +1

      I'm going live at 3 PM EST today. I'll respond to this life because you put effort into responding!

  • @donttell6307
    @donttell6307 2 місяці тому +1

    Your Math is very creative $60k-$45k, they will still owe $60,000. So that is terrible advice sir. Please adjust

  • @freelanxe
    @freelanxe 2 місяці тому

    I don’t understand if you get a loan to pay off the other loan…… you’re still in debt at probably a higher interest rate

  • @davidlee1467
    @davidlee1467 23 дні тому

    None of your business