Can you (comfortably) afford a Tesla?

Deciding which vehicle to purchase is among the biggest financial decisions that many people make. A luxury sedan or SUV can be an excellent choice for those who can afford it. Taking into account the long term costs of a loan agreement can make it difficult to know how much income is required. Our calculator makes it easy to see the total costs of ownership across a few key luxury vehicles.

Tesla Cybertruck

Tesla Cybertruck

Recommended salary is at least $159,310.73 for 4 years (at 6.49%) in order to comfortably afford paying $1,327.59/mo.

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Tesla Model 3

Tesla Model 3

Recommended salary is at least $96,715.43 for 4 years (at 6.49%) in order to comfortably afford paying $805.96/mo.

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Tesla Model S

Tesla Model S

Recommended salary is at least $193,453.62 for 4 years (at 6.49%) in order to comfortably afford paying $1,612.11/mo.

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Tesla Model X

Tesla Model X

Recommended salary is at least $204,834.58 for 4 years (at 6.49%) in order to comfortably afford paying $1,706.95/mo.

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Tesla Model Y

Tesla Model Y

Recommended salary is at least $102,405.91 for 4 years (at 6.49%) in order to comfortably afford paying $853.38/mo.

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