Ok.. I'll start off by admitting, I failed Algebra.. Math isn't my strong suit.. So I'm asking your help in the following..
If I buy a $95,000 Tesla P85. Put the 10% down.. Then finance the rest over 72 Months.. (excellent credit) Then trade it in with say 45k miles in 3 years. With the buy back guarantee, what would you say, after my payments are made in the 3 years time:
A) What my car's estimated value would be?
B) What my estimated loan balance would be?
Clearly I'm trying to figure out how upside down I would be after 3 years of ownership on a financed Tesla.
Again, I apologize for my mathematical ignorance, and if this is too vague of a question based on many possible factors.. Just trying to get a rough estimate..
Thx!
If I buy a $95,000 Tesla P85. Put the 10% down.. Then finance the rest over 72 Months.. (excellent credit) Then trade it in with say 45k miles in 3 years. With the buy back guarantee, what would you say, after my payments are made in the 3 years time:
A) What my car's estimated value would be?
B) What my estimated loan balance would be?
Clearly I'm trying to figure out how upside down I would be after 3 years of ownership on a financed Tesla.
Again, I apologize for my mathematical ignorance, and if this is too vague of a question based on many possible factors.. Just trying to get a rough estimate..
Thx!