[avelis]

Model S

Auto loan amount: $62400 (Cheapest option not including tax)

Auto loan term: 5 yrs

Interest rate: 8%

Monthly auto loan payments: $1265.25

Now this is a basic auto loan calculator. I am not factoring in tax incentivized discounts or overall savings per month on gas payments and no down payment. For now it's a number to start with.

Tool I used: http://www.bankrate.com/calculators/auto/auto-loan-calculato...

[_lex]

Apparently, one of their innovations is a longer loan term - it might be 7 or 9 years.