How I bought a Tesla for $78 Per Month

  • Published on Apr 3, 2019
  • I just bought the new 2019 Tesla Model 3 - here’s why it was only $78.39 per month. Enjoy! Add me on Instagram: GPStephan
    Tesla Referral Link: Get 1000 Miles Free Supercharging:
    The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $125 million in sales:
    Join the private Real Estate Facebook Group:
    So how does a $40,000 car come down to a price of $29,450?
    To start, this car is eligible for a $3750 federal tax credit until June 30th, 2019. This means if you pay more than $3750 in federal taxes, you will receive this entire amount back at the time you file your tax return. That money is as good as cash.
    California drivers are also eligible for a $2500 Electric Vehicle Rebate, in which the state will mail you a check for $2500 upon showing proof of purchase.
    Now Tesla gets a little sneaky after this…because in that $29,450 figure, Tesla also

    So excluding the gas savings and only focusing on the first two, cash-value rebates, the ACTUAL price of the car comes to $33,750. For a brand new Tesla. Standard Range Plus. With AutoPilot.
    So here’s how I bought this car for $78.39 per month:
    Because I financed 100% of the car, my ONLY out of pocket cost was the taxes, license, and registration - which came to $4437.01
    From the remaining amount I financed, my payment comes to $640 per month, or $7680 in the first year.
    That means, in the first year, my total out of pocket cost is $12,117.01 between my payments, taxes, insurance, etc.
    However, after the rebates and tax credits, that brings my TOTAL cost of owning this car for the first year down to $5867.01.
    Because this car is for business use, the $1438 I pay in interest on the auto loan is a tax write off, the $4437 in taxes, licensing, and registration I paid upfront is a write off, and I can depreciate the car against my income. That’s a $14,075 tax write off…which saves me roughly about $4,926.25 in taxes.
    So remember…my total out of pocket cost was $5867.01 after electric vehicle tax incentives. PLUS I save $4926.25 in taxes…that means I’m effectively buying a BRAND new Tesla Model 3 for $78.39 per month out of pocket…and realistically, this works out to be a FREE car when you take into account that MOST of that $640 per month loan payment goes towards principle, and that I can invest my money in real estate at a significantly higher return than what I’m paying in interest on the Tesla. But in terms of out of pocket cost: $78.39 per month.
    And after going through the experience buying a Tesla like this, completely sight unseen, without ever having driven one before, I have to say…I don’t understand the concern of Tesla’s no-dealership model. Personally, I think the entire worry is overblown - and I think we’ll start to see a lot MORE car companies embracing this online-only business model.
    We’re naturally entering an era where everything is done online. I haven’t been to a mall or physical store in FOREVER because it’s more convenient to buy it online, and USUALLY for a more competitive price because online stores have lower overhead, and that savings is passed down to the customer.
    And for that, I have to give Tesla credit for being the first to really challenge the traditional business model of selling cars.
    For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at
    My ENTIRE Camera and Recording Equipment:

Comments • 19 351

  • Aaron Crowder
    Aaron Crowder 5 hours ago

    Can you buy me a Tesla hahah

  • AdibSamad ‘
    AdibSamad ‘ 21 hour ago

    You clickbaid and didn’t include the 39 cents

  • AdibSamad ‘
    AdibSamad ‘ 21 hour ago

    This is the day I know that Elon musk is the owner of the Tesla company

  • ExperimentalDud
    ExperimentalDud Day ago +1

    46k dislikes?

  • ExperimentalDud
    ExperimentalDud Day ago +1

    I watched this when I didn’t have an account and now it’s 2020 and I want the model y but just before that I bought another car.

  • S I K E
    S I K E Day ago +1

    When he said he will be guilty of getting the white interior dirty I felt like throwing my phone

  • Dave Nico
    Dave Nico 2 days ago +1

    Graham, I am just rewatching this video, and if you haven't already you should buy your dad a Tesla. His reaction and excitement is great.

  • hello_Life hello_Latte
    hello_Life hello_Latte 3 days ago +1

    Own a Business. Write everything off. K

  • Christopher Harrington
    Christopher Harrington 3 days ago +1

    I'm sorry this is blatant bullshit and I will not be reviewing this channel anymore because your clickbait bullshit video is making you money to profit from lies
    Your math to get to $78/mo only applies for the first year since you're applying the federal and state rebate which totals appx $6200. In year 2 onward, you'll be making those payments on your own out of pocket since you aren't getting the rebate every year. That would jump your monthly payment up appx $516/mo so instead of $78 a month you're looking at $594/mo.
    Pretty big difference from your clickbait title huh?

    • John Miller
      John Miller 3 days ago

      @Christopher Harrington I don't own a tesla and never will hahah

    • Christopher Harrington
      Christopher Harrington 3 days ago

      @John Miller We're talking about you. You aren't very smart. Are you mad that you bought a Tesla and just did the math?

    • John Miller
      John Miller 3 days ago

      @Christopher Harrington stephan is far smarter than your crybaby @ss

    • Christopher Harrington
      Christopher Harrington 3 days ago

      @John Miller boomer? i'm probably younger than you, just smarter. Can you do math?

    • John Miller
      John Miller 3 days ago +1

      cry more b00mer

  • Cipher Sam
    Cipher Sam 3 days ago

    Dude is going bald, head looks funky in the wind lmao

  • Damian Ramey
    Damian Ramey 4 days ago

    How to get a Tesla Model 3 absolutely free. Make a video that misleads people to think they could get a Tesla for $78 a month, racking up millions of views, and apply all the money made from said video to the purchase of the Tesla....

  • Nggod player
    Nggod player 4 days ago +1

    Graham in different vid says”never buy a new car”and then in this vid says”no it’s a model 3 it’s brand new”

  • Kieron Hoswell
    Kieron Hoswell 4 days ago

    Uninterested not disinterested.

  • Colin the Cockerel and friends

    Loved the ending when your dad got in the car , he was so proud 🐔

  • Hunter Davis
    Hunter Davis 7 days ago

    Whats ligma?

  • Rachel Galindo
    Rachel Galindo 7 days ago +1

    car cost expenses deductions are not stipends, but actual business expenses. Ignorance is bliss...

  • Ross Campoli - Leadership & Business Videos

    Graham is doing well enough to impulse purchase a car. One day we’ll all get there!

  • Fred Derf
    Fred Derf 7 days ago

    Subbed just because you had Erik Satie playing in the background

  • Gear Up
    Gear Up 7 days ago

    Pretty much just because of tax benefits

  • Jared
    Jared 8 days ago

    Auto pilot is now 7k instead of 5k

  • Ankit Shah
    Ankit Shah 9 days ago

    Do you recommend getting one to rent out on Turo?

  • Cole Smith
    Cole Smith 9 days ago

    Are you going to invest in 5G network

  • Chase Blakeley
    Chase Blakeley 9 days ago +1

    Let me get this straight: this guy leveraged a loan into other investments that earn higher interest than the borrowed APR? Where exactly does he invest?

  • GoldMask I Designer
    GoldMask I Designer 9 days ago +3

    6:37 Suddenly you're watching doug demuro

  • Elliott Bode
    Elliott Bode 10 days ago

    Hey guys, I'm trying to start a meme blog. Anything helps. Please like so others can see. I'm 15 years old with no money or social media and don't know how else to market this. It's called Billy's Memes and here is the link:

  • tepax Kulundaro
    tepax Kulundaro 11 days ago

    I approved my credit cards 💳..
    I recommend cyberstoneonline on IG ..
    WhatsApp 15125220556...

  • BasedFiji Films
    BasedFiji Films 11 days ago

    Wow a over rated car

  • Vince Wilkes
    Vince Wilkes 12 days ago

    More of Graham's Dad! He'd be great for react vids!

  • michal belko
    michal belko 12 days ago

    This is the king :D I dont know why but i hope u are hapy and safe :)

  • Amber Kstar
    Amber Kstar 12 days ago

    There's alot of thumbs down. That's alot of people who don't like to think too deeply

  • macpeto76
    macpeto76 12 days ago

    Your dad is the best! Love him already

  • Colin Bortmess
    Colin Bortmess 13 days ago

    Doug DeMiro is that you?

  • Anomaly
    Anomaly 13 days ago

    why can the rich get a tesla for $80 a month but all the people who would benefit the most from ev's, are made out of our price range. its like they want to destroy the world.

  • [CR]ComboFTW
    [CR]ComboFTW 13 days ago

    Clickbait AF.

  • 1234567890qw1000
    1234567890qw1000 13 days ago

  • Dillon Clyatt
    Dillon Clyatt 13 days ago

    so this is only for the first year, not forever

    • tepax Kulundaro
      tepax Kulundaro 11 days ago

      Dillon I approved my credit cards 💳..
      I recommend cyberstoneonline on IG ..
      WhatsApp 15125220556...

  • Neil M.
    Neil M. 13 days ago

    Your an idiot your math is misleading and wrong. The first year its 78 because tax incentives and tax refunds, the years thereafter is 500+. Stupid vid

  • MrBzerk
    MrBzerk 13 days ago +1

    didn't realise Graham was such a memer.. "ligma" lol

  • BuzzFish
    BuzzFish 14 days ago

    You sound just like your dad

  • sahan liyanage
    sahan liyanage 15 days ago +2

    6:34 LOVE IT!!!! PERFECT!

  • Onni
    Onni 15 days ago

    Whats ligma?

  • Душан Богдановић

    wow, tesla stocks will be skyrocket very soon.

  • Georgia Clelland
    Georgia Clelland 15 days ago

    I don't quite understand how financing the car is more beneficial than buying it outright? Is anyone able to explain :/

  • Sidney Lemon
    Sidney Lemon 15 days ago +1

    Is that background music my ALARM? Absolutely NOT

  • Albong0
    Albong0 15 days ago +6

    It's actually stupid how everyone is saying this is stupid when the video is about how HE accomplished this. This video is not a tutorial of how you could buy a tesla for cheap. This is a video that doesn't really go into detail of how he did this. He's not here to be your financial advicer.

  • jesus aguayo
    jesus aguayo 16 days ago

    Can you please make a video reviewing TransAmerica Indexed Universal Life Retirement Savings Program ?

    BAD4GOOD2 16 days ago

    Just bought a car 35k miles with a 4.25% interest rate (decent rate) 0 down and I just Realized they snuck in a warranty... any advice on how to get that off? Thanks!

  • David Hager
    David Hager 16 days ago +1

    12:14 "DUUUUDE" lol definitely from Santa Monica

  • Preston Jensen
    Preston Jensen 16 days ago +77

    Put the speed on 1.5x and this dude literally becomes ben shapiro

  • Brandon H
    Brandon H 16 days ago

    Dude your Dad is cooler than all of my friends

  • skaltura
    skaltura 16 days ago

    for first year ... but how about lifetime of the vehicle ;)

  • Redneck Meets Youtube
    Redneck Meets Youtube 17 days ago +11

    "The panels have too big of gaps"
    *me sitting on my 2006 f250 that has been beat to hell over 240k miles with inch wide gaps in panels*

  • Kim Nguyen
    Kim Nguyen 17 days ago

    your dad got super excited XD so cuteee!!

  • ochen jonah
    ochen jonah 17 days ago

    I need some subscribers please...

  • Joe Gonzalez
    Joe Gonzalez 18 days ago +1

    Didn't "Smash the like button" until I saw the Ligama plates. Genius!!

  • Bing
    Bing 18 days ago

    Wow, what a clickbait video. Like job asshole

  • T.H.C Mcgee
    T.H.C Mcgee 18 days ago

    Hmm a lease possibly. Without watching this video.

  • Marc Serina
    Marc Serina 19 days ago

    That autopilot s*** doesn't work. There are thousand of RU-clip videos showing Rogue Tesla's trying to crash themselves.

  • Michael Thompson
    Michael Thompson 20 days ago

    He put 30K down. 😂

  • BomBie 101
    BomBie 101 20 days ago

    78$ a month for 60 years