Submitted by noleaf4me on Thu, 2016-04-07 10:07
I hope Elon or someone his management or finance team reads this suggestion:
Most people finance and pay for their car after they take ownership of it. Why not allow people to basically "free pre-finance" the model 3? This could end up significantly increasing current cash-flow for Tesla to help fund the expansion needed to meet current demand. For example -- I would be willing to pay $500 / month on my Model 3 starting now until I take delivery. Thus when I take delivery I will owe and have to finance far less -- almost like a larger down-payment. You can make it flexible and TOTALLY optional. Even if just 10% of the people on the waiting list do this -- it could add tens of millions / month in additional cash flow to help finance a more robust Model 3 launch. Of course make it refundable if they choose not to purchase one like the initial deposit.
Think about it guys.....I'm already starting my Tesla savings fund for my down payment -- I may as well just have you save it for me!