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Originally Posted by Fastskiguy
Figure I'll put some data here, it might help somebody. We got the cheapest Tesla we could get 2 1/2 weeks ago, came in at $42,500 including tax, plates, and whatever else you have to pay on top of the purchase price. We'll get $7500 back on taxes in April so we are at $35,000 plus charger, install, and some floor mats for a grand total of $36,000 all in.
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$36,000 is an affordable car for people who live in the Villages. I am amazed at how many Teslas I see down here. However, I don't think the Villages is a typical American town. If you get out of the bubble, there is a whole other world out there - much poorer than in the bubble.
I read in the papers last week that most Americans are a $400 unexpected expense away from bankruptcy. In fact, 33% of Americans only have $100 in savings! If you only have $100 in savings, you probably aren't making enough to get a $7,500 tax credit.
Here’s How Much Americans Are Saving in 2023 vs. 2022