|With dramatically flared front fenders and oval grille, my new Tesla Model S looks like a crouching tiger in the garage.|
By VICTOR E. SASSON
Boy, I really saved a lot of money when I picked up my new Tesla Model S 60 on Tuesday, but won't realize much of that for a year or more.
Immediately, I saved more than $5,678 in sales tax, which New Jersey forgives on purchases of the all-electric luxury hatchback.
I also received a $7,500 federal tax credit to use next year and next year only.
If I don't have to pay $7,500 in federal taxes next April 15, I can only use part of it and will lose the rest.
The sticker on the car says "you save $7,750 in fuel costs over 5 years compared to the average new vehicle," according to the EPA and DOT.
My Model S 60 is classified as a large car that is rated at 95 MPGe.
With more than 60 solar panels on the roof of my home, I will spend much less to charge my Model S than other owners.
I usually pay nothing for electricity five or six months a year, and earn money by selling solar credits to my utility, Public Service Electric and Gas Co., through a middleman.
When plugged into a special 240-volt outlet, 29 miles of range is added each hour. To remove the charging cable, car must be unlocked. I admit I pulled and pulled before calling Tesla service to learn that simple secret.
The Model S 60 has a government-certified range of 208 miles on a full charge.
As I left the Tesla Showroom and Service Center in Paramus, N.J., in my new Model S on Tuesday afternoon, a trucker was unloading more Teslas.