The Tesla Roadster is a very fast and expensive car 🚀. Its base model costs about $200,000, and the special “Founders Series” costs $250,000. To buy this car, you need to pay a deposit of $50,000, which includes an initial $5,000 payment and a $45,000 transfer within ten days.
When you buy the Tesla Roadster, you also have to pay extra fees like sales tax, which can add up to $16,000, making the total cost around $216,000. If you finance the car over five years with a 6% interest rate, your monthly payments will be about $3,292. Over these five years, you will pay a total of $26,554.70 in interest.
In addition to the monthly payments, you need to consider other costs like car insurance, which is about $150 per month, charging costs of around $52 per month, and maintenance costs of about $69 per month. All these expenses combined mean you will spend approximately $3,511 per month on the Tesla Roadster.
To afford this car comfortably, it is recommended that you earn around $278,400 per year, so that your monthly expenses for the car do not exceed 15% of your income 📈. Over five years, including the initial deposit and all monthly expenses, you will spend a total of about $258,800 on the Tesla Roadster.
Overall, owning a Tesla Roadster is a significant financial commitment, but it offers incredible performance and style 🚗.