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Re:Model S Fire by encoderer on Saturday October 05, 2013 @04:26PM (#6501940)
Ok, so if you commit tax evasion in an all-cash business, you too can work just an extra 1/2 week every month to lease a tesla, after factoring in the tax breaks EXCEPT... from my 5 minutes of research, the $7500 tax credit is not a refundable credit so in his all cash business if he's not at least paying $7500 a year in federal income taxes, he won't get the full benefit of that credit.

Oh, and the $600/mo assumes a $7100 down payment, which needless to say is far more than the average down payment on a car and is really more like what the average american puts down on a HOUSE. In other words: c'mon.

Not to mention the opportunity cost of that money. If you're making $25/hr in SF you do not have a high standard of living, especially when compared to your neighbors which, studies have shown, is exactly how we measure our own financial happiness.

Re:Model S Fire by declan on Sunday October 06, 2013 @12:51AM (#6503180)
In this case, the SF bay area fellow I know works five days a week for a landscape/gardening company and pays taxes on that income. ($25/hour cash is additional off-the-books income.) And, contrary to your research, California has a $10,000 incentive.

Though you're right about the down payment, so let's assume it will be a used Tesla and therefore cheaper. And you're right about the relative comparison point. But these were rough numbers, remember, and not intended to be a detailed argument as much as a refutation of the impossible "to afford" claim above.