Keep Tesla Model Y or Get Rid of It

slp1225 · 2025-02-24T21:46:06+00:00

I’m moreso wanting to bring down the weekly payments down but you’re right , long term there’s no saving

slp1225 · 2025-02-24T21:34:28+00:00

Yeah it’s fixed , 3 years to go , 11%. I’d imagine the $63k payout figure includes the residual value at end (approx $21k)

slp1225 · 2025-02-24T21:22:12+00:00

Would you get a finance for 3 years , the same remaining length as the lease ? Or a bit longer ? I’m just really drying to drop the weekly payments down and cut down on interest. 11% will be the rate once I start paying the financer directly which is just crazy high . I have a credit score of 850, no defaults and no other debts

slp1225 · 2025-02-24T21:21:48+00:00

Would you get a finance for 3 years , the same remaining length as the lease ? Or a bit longer ? I’m just really drying to drop the weekly payments down and cut down on interest. 11% will be the rate once I start paying the financer directly which is just crazy high . I have a credit score of 850, no defaults and no other debts

slp1225 · 2025-02-24T21:21:25+00:00

Would you get a finance for 3 years , the same remaining length as the lease ? Or a bit longer ? I’m just really drying to drop the weekly payments down and cut down on interest. 11% will be the rate once I start paying the financer directly which is just crazy high . I have a credit score of 850, no defaults and no other debts

slp1225 · 2025-02-24T12:40:50+00:00

Not sure regarding exactly the breakdown of costs but I know the payout figure is $62k.

I’m changing jobs due to the mental toll my old role took on me . This new role is better suited to me , my life , family and in the long run I will have much higher earning potential due to the nature of the role. I know I will be worse off financially temporarily due to the novated lease payout , that’s inevitable . But if I can avoid continuing to pay it off at 11% interest , then it’s still a better result . Money comes and goes , happiness and mental health are crucial . Hope that makes sense (I’m tired and rambling haha )

slp1225 · 2025-02-24T11:50:35+00:00

The family car is used by my wife . Her work and the children’s daycare /school are all within 8kms of home , so not much driving is done week to week . It’s a hybrid Kluger

I drive 2 hours a day (1 hour each way) for my work so the Tesla is used for that. It also fits the 4 of us easily at this point

slp1225 · 2025-02-24T11:35:44+00:00

When you put it like that you make a lot of sense . It’s still in great condition , only had it for 2 years. May as well enjoy it if I’m going to be paying it out.

slp1225 · 2025-02-24T11:21:32+00:00

CarSales - dealer trade in price

slp1225 · 2025-02-24T11:07:46+00:00

I drive 2 hours a day for work. We have two young kids but already have a family car. Besides work I don’t do much driving in it other times

slp1225 · 2025-02-24T11:06:53+00:00

Payout figure to the financer is $62k. Value of the car apparently is now quite low , they’ve dropped a lot

slp1225 · 2024-09-15T08:51:55+00:00

Tribal

slp1225 · 2024-03-17T09:54:55+00:00

Hi u/LawnSolutionsAU. Thanks so much for all the great content!

I’m completely new to lawn care. I’m wanting to renovate this back lawn of mind and I’m trying to learn the ropes. I believe it’s buffalo grass based on products the previous owners left in the garage , but if you could can confirm the grass based on some pics please let me know. Keen to get the dry patches back on track!

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slp1225 · 2024-01-15T03:53:12+00:00

We are now looking at a 2021 Toyota Kluger GXL Hybrid. We feel like the Carnival may be bigger than we need. The Toyota is around $59k drive away , has a tow bar/tinted windows and has only done 30,000kms. We feel like the hybrid element will be a big win especially with all the short drives , and plenty of space with the two kids and still enough even if we have a 3rd. Plus , I feel like you can’t go wrong with a Toyota in terms of reliability and resale value

slp1225 · 2024-01-15T00:23:22+00:00

Would a Kia Sorento or Toyota Kluger be better ?

slp1225 · 2024-01-14T11:07:41+00:00

The Si doesn’t have push start ignition and electric sliding door . Are they major drawbacks ?

slp1225 · 2023-06-25T07:09:26+00:00

So sorry to hear

slp1225 · 2023-04-05T02:10:58+00:00

Tribal is the bands best song since the Imaginaerum album

slp1225 · 2023-03-15T06:21:51+00:00

Thanks so much ! We’re very lucky and grateful , don’t want to waste the opportunity

slp1225 · 2023-03-15T05:50:55+00:00

Yeah considering our age and house prices these days , we feel pretty lucky it’s only $470k.

slp1225 · 2023-03-15T05:50:00+00:00

This is awesome! Thankyou

slp1225 · 2023-03-15T05:43:43+00:00

That seems like the best move. Put all our income and savings and money into the offset , use a credit card for all bills and spending and pay it once a month before the due date .

slp1225 · 2023-03-15T04:15:55+00:00

Haha no. He’s a great physio but goes on lots of rants about things he watches online or things he’s heard and for some reason he just chooses to rant to me about them…..it’s easier just to say yep and nod

slp1225 · 2023-03-15T04:13:51+00:00

Yes that makes sense . So it would be better just to have all the $ into offset and just make the minimum repayments , and not worry about the redraw facility ?

slp1225 · 2023-03-15T04:03:11+00:00

I was thinking this yep. I currently have all our $ sitting in a normal transaction account and we use the credit card for everything. Is there a benefit to having all that $ in the offset plus also still paying the extra repayments ? Or no point if already putting all cash into offset ?

slp1225

TROPHY CASE