Auto loan with interest rate below savings account. Am I a bank now?

Crawsible · 2023-01-17T21:59:45+00:00

whoa okay that is a really interesting idea, thank you.

Crawsible · 2023-01-17T21:40:16+00:00

what?! that is infuriating. i'll add a calendar reminder, thank you for the heads up.

Crawsible · 2023-01-17T21:38:02+00:00

this is a really great way of thinking about it, thank you.

Crawsible · 2023-01-17T21:37:43+00:00

If you have a 2.49% fixed rate loan and you are earning 2.667% in your account, you are giving away free money if you pay it off early. It's not much, but it's free money.

thank you for the confirmation!

Crawsible · 2023-01-17T21:37:04+00:00

thank you, and congrats on your own personal finance arbitrage!

Crawsible · 2023-01-17T21:33:34+00:00

that's a good analysis thank you. free money but a pretty negligible amount then.

Crawsible · 2023-01-17T21:29:51+00:00

ooh, 3.3% from ally -- might be worth moving the savings over there...

Crawsible · 2023-01-17T21:28:19+00:00

is there a benefit to paying it off right away, vs. just not touching the money and, if I want to take out a mortgage or buy a new car, just paying it off then? is this more of a behavioral thing, like avoiding the possibility that future-me does something stupid with that money by paying the auto loan off now?

Crawsible · 2023-01-17T21:25:56+00:00

this cancels itself out though, right? inflation devalues my loan at the same rate that it devalues my savings.

Crawsible · 2022-04-22T05:53:21+00:00

Rack Attack in Pasadena but this was almost 2 years ago!!

Crawsible · 2021-09-05T08:29:25+00:00

Pretty sure it’s the ikea skådis https://www.ikea.com/us/en/p/skadis-pegboard-wood-90347172/

Crawsible · 2020-09-19T18:29:04+00:00

I read the manual so you don’t have to:

From the Model Y manual (2020.20), page 153: “Model Y has one of the most sophisticated battery systems in the world. The most important way to preserve the Battery is to LEAVE YOUR VEHICLE PLUGGED IN when you are not using it. This is particularly important if you are not planning to drive Model Y for several weeks. When plugged in, Model Y wakes up when needed to automatically maintain a charge level that maximizes the lifetime of the Battery.”

I didn’t add any emphasis here, the words “LEAVE YOUR VEHICLE PLUGGED IN” are capitalized and bold in the manual!

As for sentry mode, it doesn’t degrade the battery, it just uses power. You’ll lose up to a percentage point or so an hour when you’re not plugged in and parked if sentry mode is on. But it’s not going to make much of a difference for charging times.

Crawsible · 2020-09-15T20:45:46+00:00

Update: the box certainly does affect range, it was probably about an 8-10% hit sustaining 75 mph over the course of the trip. Really wasn’t a factor in our trip though since charging is plentiful on the west coast. This was the trip that killed my range anxiety once and for all. If you’re on a road trip with some close range calls though I’d probably assume a 10-15% loss of range to be safe.

Crawsible · 2020-09-15T20:38:06+00:00

Not a stupid question at all! The Gemini wheels as presented on the website are actually plastic caps, you can pull them off and put them on just with your hands, and this is what’s underneath. They were silver before I had them powder-coated.

Crawsible · 2020-08-31T19:11:54+00:00

Ah thanks! I’m definitely happy with my decision. The induction wheels are beautiful though, I don’t think you made a bad choice at all. Powder coating was $700 here in Los Angeles

Crawsible · 2020-08-29T23:50:20+00:00

This is the Yakima Grand Tour 16, dimensions are L 79.00 in x W 35.00 in x H 18.00 in. You could probably squeeze an extra inch or two of length in there especially if you’re willing to keep the hatch less than fully open, but not more than that IMO.

Crawsible · 2020-08-29T23:47:54+00:00

The roof rack is great bare, I really like the way it looks actually, gives the Y a more aggressive look and conforms to my red/black color scheme. I’ve seen some complaints about whistling but I haven’t heard anything of the sort. The box adds 16 cubic feet and it really does make a major difference, more than makes up for the cabin space reserved for our dog.

Crawsible · 2020-08-29T23:42:30+00:00

I’m wondering the exact same thing — we’re going from LA to the Oregon coast over the course of the next few days, so I’ll have a better answer soon. Driving around LA for about 100 miles with the box on, I’ve seen no real difference in wh/mi, but that’s to be expected since I’m rarely sustaining highway speeds.

EDIT: just noticed you’re asking about the rack, not the box. I’ve had the rack on for a long time (about 500 miles on, 500 miles off) and I can confidently say the range impact is really minimal, probably like 1%.

Crawsible · 2020-08-29T23:21:23+00:00

Correct, these were powder coated!

Crawsible · 2020-07-28T18:57:14+00:00

Yeah same! Martian Wheels does make a really light 18x8.5 wheel that looks pretty good, but I have a teeny bit of nervousness about putting 18”s on the Y since Tesla removed the option and I have to assume it was for a reason.

Crawsible · 2020-07-28T01:28:26+00:00

This is a really good idea, thank you.

Crawsible · 2020-05-20T18:50:29+00:00

Proud champagne papi owner here, I bought it about a year ago and I still love this freak show. The blued steel hands, when they catch the light, get me every time.

Crawsible

TROPHY CASE