Question: On the Tesla website, it has the new Model X price listed at $89,990. Tesla will take $5300 off this price for what they call
On the Tesla website, it has the new Model X price listed at $89,990. Tesla will take $5300 off this price for what they call a gasoline savings. Then there is an additional charge of $1200 for destination and document fees. Tesla requires a down payment of $7500. The loan will require 72 monthly payments. Lets say the interest rate is 2.49% nominal rate compounded monthly.
is the loan amount?
What is the monthly interest rate?
What will your monthly car payment be if you buy it?
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