Tesla has introduced interest-free payment plans via Klarna for its online shop items

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Are there really a lot of people who own Teslas but don't have enough cash to buy a wall charger? Is having 6 weeks to pay it off with regular payments really that much better than 4 weeks to pay off the whole amount with a credit card?

Hypothetically, you would be better off using your money productively (like in investments) than spending it immediately. As long as it's 0% APR with no fees, you would be better off paying it over 6 weeks rather than all of it today. But it's such a small amount of money that it wouldn't be worth the effort IMO. I guess it could also boost your credit score a bit. But once again, it's so little money over such a short time that I doubt it'd make much of a difference.

People driving cars they can’t afford has been true for 100 years now. There PLENTY of people with a M3/Y/X/S who carry credit card debt and live paycheck to paycheck

Klarna is quite a popular payment provider in Europe and offers more options than just payment plans. A lot of major webshops use klarna.

My guess is OP is in Europe, and here Klarna has a Bank license and Affirm probably not

> Are there really a lot of people who own Teslas but don't have enough cash to buy a wall charger? Well chances are they also don't have the money for a Tesla

You can literally lease a Tesla for something like $300 a month. People also buy them for ridehsare. So yea, its completely possible.

Now onlie if the service department would do this

Wtf is Klarna

Given that the price is in dollars, I doubt that.

And on the contrary, it might lead to spending more in total because, psychologically, there is “more money available”.

Swedish PayPal

Yeah dude that extra 6 weeks of interest on $450 really makes the difference

Bro, you are using too much common sense that isn't common.

Just checked and it’s Klarna in the US as well. No PayPal. Which is a shame, since I’m grandfathered into PayPal’s “pay over 6 months with no interest” system.

Nope I’m located in Canada

How much does it cost to have one of these installed?

If you're that broke you shouldn't own a Tesla

Well he worked hard to get some rednecks in on the Tesla demo

This lowers your average age of account.

Klarna doesn't show up on a credit report, unless you don't pay.

Depends on many factors like how far away your electrical panel is and where you live so anywhere between $250-2500

My thoughts exactly

“If you’re broke just say that” - random Twitter response

Then how would it help your credit at all?

WA state’s EV incentive has an income cap of $45k. I also just sold my 2020 model 3 to a used car lot for $21k Theres plenty of Tesla owners who will utilize this payment plan.

4 payments over 6 weeks? Who is this even a useful payment plan for?

Idk if there’s Affirm Canada but there’s definitely Klarna Canada lol

I never said it does, it just doesn't hurt it if you pay on time.

The person I was replying to did.

You replied to me tho

And you replied to me ignoring the original context.

Your claim was a lot more specific and I felt like it should be corrected. The OP was at least mostly correct and pretty valuable.

As of 2024, approximately 65% to 66% of Americans report living paycheck to paycheck.

Interesting where are you seeing this? It isn't showing for me.