Tesla Game Plan — Dushyant Sheoran

At a Glance

~$631/month for 72 months at 0.99% APR on a $46,630 Premium RWD

~$6,500 cash at delivery — $3,300 down + ~$2,914 TX sales tax + ~$300–400 fees

Use a referral link before ordering for 3 months of FSD free

Your Situation

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Credit score700–749

Down payment$3,300 (Tesla default)

CarModel Y Premium RWD, Pearl White

DeliveryLittle Elm, TX

GoalLowest total cost

The Numbers

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MSRP (Pearl White, 19" wheels)$46,630

Down payment$3,300

Amount financed$43,330

APR0.99%

Term72 months

Monthly payment~$631

Total interest paid~$1,020

Total paid over loan~$47,650

Day One — Cash at Delivery

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Day One — Cash Needed at Delivery

Down payment$3,300

Texas sales tax (~6.25%)~$2,914

Registration + title fees~$300–$400

Total out of pocket ~$6,500

⚠️

Texas sales tax is calculated on the full purchase price before down payment — $46,630 × 6.25% = ~$2,914. This is paid at delivery, separate from your down payment. Have it ready — it's not rolled into the monthly payment unless you specifically ask Tesla to finance it.

Should You Put More Down?

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💡

No — not at 0.99%

An extra $5,000 down only saves you ~$115 in interest over 72 months. That same $5,000 in a savings account at 4–5% APY earns you ~$1,500 over the same period. Keep your cash, take the loan.

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$3,300 is your optimal down payment

The Tesla default is actually the right number here. Don't overthink it.

Optimal Order Summary

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$3,300 down

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0.99% / 72 months

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~$631/month

📋

Have ~$3,200 cash ready for taxes/fees at delivery

On top of the $3,300 down. Total day-one: ~$6,500.

🔗

Use a referral link before ordering

3 months of Full Self-Driving free (~$297 value). Don't skip this.

✖️

Texas LDPLIP rebate — $2,500

Program has ended. No longer available.