How to Save (and MAKE) Thousands on Tesla Model Y - Act Fast!
Вставка
- Опубліковано 16 чер 2024
- 0:00 Intro - 0.99% Rate
1:10 Credit Score
2:10 Down Payment
3:25 Rate Compare/Earn
6:00 Next Steps
Let me show you this CRAZY GOOD deal on new Tesla Model Y's - valid only in May 2024, and subject to change with future promotions, terms, etc. This 0.99% APR financing, combined with the current market's high savings interest rate - let me show you how to make your "down payment" work for you!
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How to save thousands on a new car? Don't buy one.
That's true, but then you also don't get the car. Haha
I just ordered myself one! A black model y, my credit is 794 which is pretty good for only being 23 I wanna say. It comes in 2-4 weeks I’m excited!!!
Congrats! Us too - but blue. 😊
@@InvestInn that’s awesome! Hope you enjoy it!!
Great advice... I'm thinking about executing the same exact strategy creating a tbill ladder with the funds I would have otherwise used for the downpayment.
Great idea! Pretty much anything that's secure, and beats 1% - which is a lot!
Thanks for the advice. I bought 50 of them today to start a car rental company. Now the absolute value of my net worth is millions!
Wow! That's amazing - good luck!
Great advices short video a lot of information I love it
Glad you liked it! More coming soon - be sure to subscribe! ☺️
I placed an order on 5/13. Didn’t have to put anything down and taxes were rolled in into the loan. Also received an additional credit of 4,950 from purchasing a Model Y from their inventory (Brand new 2023)
Nice! Thanks for the info!
How did you found discounted y from 2023? Just on Tesla website when ordering or it was available on the point of sale?
@@teddy0139He’s probably talking about the existing inventory of the RWD 260 miles range that are not available to order anymore. Those maybe can have the option to software upgrade range for like 2k according to Elon’s twit
Dude give a different perspective on financing a Tesla. Now I’m looking at it, it makes great sense. I was considering putting down $25k for lower monthly payment. But it won’t make sense.
Let's go! Thanks for the comment and for watching. Enjoy your new car!
I just bought $50k worth of Tesla shares. I've been making about $300 a week selling weekly calls. That's over 25%/yr ROI
Wow! Good for you! That's impressive!
Bull... Stop scamming people...
@@rknow78229 only ignorants will think is a scam 🤭
@@rknow78229 is only a scam if you are ignorant
Ordered one and my score was a good bit higher than 720. Still in the 700's. I had to make the down payment and they came back with 2.49% rate. I called and asked about it at the dealership where my car was, she said she would call corporate and have them call me. Thirty minutes later I received a text message to check the app about my financing terms, when I did it showed that my new rate was at .99%. So I was able to get it. Just watch what they are doing and ask questions. Driving it now and love the car but I had to put down a down payment.
Interesting... Thanks for sharing your experience!
Would leasing a Y be a good idea with this purchase offer on the table?
That's a great question, honestly. I believe the financing was only available to buy, not lease. But we never really looked into the lease option.
So what is your monthly payment for your car as equiped with no down?
With the options we selected (tow package, 7 seats, etc...) it came to about $700 for 72 months at 0.99%
Robinhood gold, cash account pays 5%. Definitely finance at 0.99% even if you have cash for the car, leaving it in 5% cash account, making 4%.
Absolutely!
The tesla rep on the phone told me that the $4,250 down payment is required for the 0.99% promo. Can you please provide any details saying it doesn't. I don't see any fine prints and I'm not sure
When I visited in person, my rep told me that no down payment was required... that the approx. $4,000 was just a "default value" but not required. We actually just placed our Model Y order the other day with the promotional rate and did not make a down payment. :)
Once you reserve the car you want and put down your $250 deposit (non refundable) then you can adjust to a $0 down payment on your loan application in the Tesla app. You won’t know if you’re approved until then because Tesla actually shops your loan to multiple different banks. It took about 2-3 hours before a bank picked up my loan for the $0 down and .99% APR. Hope this helps
Yup I second that. Did mine with no down payment and got approved
@@samuelel-tyar6489 I was at the dealership on Saturday and they asked me for 4200 down to qualified for 0.99
Is the no down payment option also applied in California?
Yes
Hmm. I'm not sure on that. I was told this here in Minnesota, but they didn't imply a difference by state
Definitely get it. It will change your life !! ⚡️😎
Could not resist and purchased a Quicksilver Model Y LR.
Yes I just did it but you can only do it after pay the $250 to reserve your Model Y.
I don’t understand 50000 deposit on cd at 5 percent gives you 2500 per year but your payment is 700 per month or 8400 a year.
Thanks for watching! Simply saying the money should be working for you at 5% or better, versus giving it away to Tesla to pay down debt at 1%. You can effectively profit a net 4% difference in the scenario.
Put your down payment in bitcoin,,,
But if you pay in Bitcoin, you can't also HODL the Bitcoin. Haha
You would hate yourself in 7-10 years when Bitcoin is around 500k-1mil
4-5%? Haha In russia we have 12-15%
Wow!
Yeah but your dollars ain’t U.S. huge difference.
@@t.wynderogriffin798 I sell dollars into rubles, make a deposit at 12% for 1 year, then buy us dollars back.