I am in CA and I have a Cybertruck reservation. I was offered the foundation version, but I would rather not pay another 20k.
Is there a way that I can lease a model X and replace it when the Cybertruck is available?
Buy used model X
Cash out some 401k money in amount of whatever your used model X equity is worth just before CT arrives
Buy new CT
Sell used model X from step one and deposit cash
Put cash back into 401k without penalty assuming none of this crossed calendar years.
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Only problem with this is the tax hit. In CA wouldn’t OP be hit with about 9% against an $80K used Model X? That $7,200 is lost. Taking over a 12 month lease from someone would be better wouldn’t?
Yep, short-term purchases don’t make sense in CA since there’s no sales tax credit on trade-ins.
I said used model X. This dude is going to be waiting like over a year for his CT anyway right?
Like a dump-tastic one with zero panels that align. The and the center UX screen will reboot every time the car starts up. And it’ll creak like crazy inside.
I was thinking if i can do a temp lease. Buying does not make sense especially for a year.
Spoke to a tesla sales person and they said that there is no early termination program now that they offer.
In 2019, when the cybertruck was introduced, people were asking what car to drive while waiting for cybertruck. They were suggested to buy $8000 used cars and drive for a few months until cybertruck delivery in 2021.
If we look back, if they turned to 18-month leases when Cybertruck was introduced, now they will be finishing their 3rd 18th-month leases in 4 months while still waiting for the cybertruck.
My suggestion is to start a 18-month lease.
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