My family member has a model S and really enjoys it. It seems really cool, and he was deciding between that and a BMW 7 series. He is happy with his choice.
i am considering a deposit on the Model X, but I need some help with economics.
I have no doubt that it will be the best SUV out there. But "best" isn't the only factor for me, economics are a big part of it.
Just like I don't live in the best house, nor do I drink the best wines, I have economic limits.
I was considering a 50k MDX or infiniti SUV or lexus SUV. Getting a well equipped and luxurious one is pretty easy at that price, and I would be spoiled to think that it wouldn't be adequate, since this is almost twice what the average american pays for a car. I am not a spoiled person, and so I can't justify the cost based on emotions or whiz-bang hardware or falcon doors. I am trying to make the SUV a wise choice as far as affordability.
If the Model X is 100k, how can I make the economics favorable?
With the acura or lexus, I would be able to invest the other 50k, but would have to pay gas.
With the tesla, I would save on gas, and a tax credit of 7500. Gas, at $4 per gallon wouldn't add up to the 42,500 difference.
I drive 12,000 miles a year.
Assuming both cars get me to work safely and around town with my kids, how can I make the economic argument work over luxury SUVs.
I am trying to justify the price with my finances, so I am trying to look at this objectively. What part of the economic argument am i not accounting for? IS there a spreadsheet which can help? I would like to make the numbers come close, so i can justify the rest on emotion.
The acceleration, etc is really not important to me since i rarely drive more than 75-80mph, I am more of a safer driver at stay around 70mph.
I am hoping someone can help with some numbers to bridge the gap.