View Single Post
Old 01-24-2024, 12:57 AM   #30 (permalink)
JSH
AKA - Jason
 
JSH's Avatar
 
Join Date: May 2009
Location: PDX
Posts: 3,605

Adventure Seeker - '04 Chevy Astro - Campervan
90 day: 17.3 mpg (US)
Thanks: 327
Thanked 2,152 Times in 1,456 Posts
I can't see you paying $60,000 - $80,000 for a vehicle even if your company is going to pitch in $500 a month. ($80K is a $1,100 a month payment)

You won't actually get a Cybertruck, R1S, or EV9 this year.

Personally I would take the $500 a month if you expect to be working for this company for a few years - let them buy you a car that you keep after you quit.

If you want an EV:

Hyundai is leasing the Ioniq 6 for $349 a month with $5000 down. (So really $430 a month.) The SEL is $14 more a month. You will have to carry an adapter to use superchargers.

https://www.hyundaiusa.com/us/en/veh...c=aw.ds#offers

A Model 3 2WD is $40K but doesn't get the $7500 tax credit if you buy. Tesla says you can lease it for $329 a month with $4500 down ($455 a month)

A Model 3 LR AWD is $40K right now after the $7500 tax credit taken as a point of sale rebate. That is a $585 a month car payment.

Dollars and cents

You want a minivan and $500 a month will just about pay for the Sienna. Why not let your company buy you a minivan. (Of course that assumes you are going to be working for this company and getting a car stipend for 8 years - I'm assuming you are going to max the loan term as you like using other people's money) Also - as I understand it gas is free but you pay for electricity out of pocket even when travelling for work.
  Reply With Quote