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![Från Volvo V70 till Tesla Model Y: En smart byte](/assets/images/ai/936x534/20241129_185706_image.webp)
Car Swap: from Volvo V70 to Tesla Model Y
Recently, my close relatives decided to swap their 25-year-old Volvo V70 for a Tesla Model Y. The decision was made to reduce ongoing costs and increase safety with a modern electric car.
High Cost Became Lower Monthly Expense
The Volvo came with high monthly expenses – around 2200 SEK for gasoline, tax, and repairs. Tesla is currently running a campaign with 0% interest, making the swap attractive. After the down payment, the monthly cost for the Model Y ended up at 1615 SEK over 5 years.
Financing Option | Monthly Cost | Down Payment | Term | Residual Value (43%) |
---|---|---|---|---|
60 months | 1615 SEK | 219,000 SEK | 5 years | 236,500 SEK |
36 months | 1086 SEK | 219,000 SEK | 3 years | – |
They also used my Tesla referral link and received a 5000 SEK discount and one year of free charging at Tesla's Superchargers. The switch to an electric car also meant reduced maintenance costs, as the Tesla has fewer moving parts.
Future Plan for Residual Value
The residual value after 5 years is estimated to be 236,500 SEK. The plan is to either buy out the car in cash or through a new loan at that time. Tesla cars tend to hold their value relatively well, which is an advantage for future financing.
Safety in Focus
The Model Y is equipped with modern safety features such as:
- Autonomous emergency braking
- Lane-keeping assist
- Adaptive cruise control
These features contribute to a safer and more comfortable driving experience.
Appreciated Details
An appreciated detail is that their Model Y has a traditional turn signal lever, unlike my Tesla which has turn signal buttons on the steering wheel. These are small but important details that can make a big difference in user experience.
Improved Economy and Quality of Life
The switch from Volvo to Tesla means they get to drive a new, safe car at a lower cost than before. With 0% interest, reduced monthly expenses, and free charging for the first year, this is an investment that improves both economy and quality of life.
If you are considering a car swap and want to get a 5000 SEK discount and free charging for a year, feel free to use my Tesla referral link here.
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