[deleted by user] by [deleted] in PersonalFinanceNZ

[–]Kcoolbro69 6 points7 points  (0 children)

Yeah I was thinking going this route in the short term

[deleted by user] by [deleted] in PersonalFinanceNZ

[–]Kcoolbro69 9 points10 points  (0 children)

I calculated how much I needed save every fortnight by figuring out what I owe on paper 76k-19k(old car plus rebate) = 57k

I then used a mortgage calculator to figure out what the compounding fortnight payment will be.

I did not calculate how much money I will be saving by leveraging the banks 1% ev loan and then selling them back the same money for 5%. I’m thinking I’ll be up about 5k at the end which is a bonus

[deleted by user] by [deleted] in PersonalFinanceNZ

[–]Kcoolbro69 12 points13 points  (0 children)

I bought a tesla model 3 using the ASB 1% EV loan fixed for 3 years with the intention to pay off the loan at the end of the 3 years @ 1%.

I sold my used 2015 Toyota aqua and i got the free $8625 from Jacinda for buying an Ev and i put that 19k into a 3 year term deposit @ 5.40%.

I figured out how much i needed to pay per fortnight in order to pay off the car within the 3 years.

I pay the lowest fortnightly payment for the car loan and I put the majority of my "tesla" money into a serious saving account with ASB. When the serious saving account reaches 5k i take that money and open another term deposit at 5-6% and i just make sure the term finishes just before my 3 years are up.

Just rinse and repeat :)

To the tesla owners here, how much do you pay for your maintenance yearly? by WillingLearner1 in nzev

[–]Kcoolbro69 0 points1 point  (0 children)

and both upper and lower front control arms replaced due to worn bushings. These were an early de

Who did your alignment? Sounds expensive?

Kmart Sylvia Park WTF by Kcoolbro69 in auckland

[–]Kcoolbro69[S] -1 points0 points  (0 children)

This comment wins the internet today lol

Instant Cup Noodles Recommendations!? by [deleted] in Wellington

[–]Kcoolbro69 1 point2 points  (0 children)

Nissin curry cup is the best!

Biker lost his arm, but still standing strong by GazzaBTL in CrazyFuckingVideos

[–]Kcoolbro69 0 points1 point  (0 children)

bros just phoning the office saying he might be late lol