ACCOUNTANT EXPLAINS: How to Buy a Tesla Half Price

"in this video I'm going to show you how it works and how you can get a new electric car for almost half price"

"there are a lot of different benefits of operating under a company one of being the massive amount of tax savings I'm not going to go into the details in this video because I have a whole section of it covered in another video and I'll link that over here for you as well so now buying your car under a company is specifically beneficial for new electric cars because firstly they are 100 tax deductible which means you can write off the full price of a new car against your profits from that year"

"and so for something like the Tesla it's ridiculously low it's currently two percent of the value of the car"

"firstly the general maintenance cost of electric cars are lower the car doesn't have an engine so there are barely any maintenance or service costs at all"

"and the same goes with insurance insurance is a bit more expensive than it is for non-electric cars but it's also 100 tax deductible"

"and when you factor in all of the costs you can write off the price of the car the charging cost the insurance cost the saving depending on how much you drive can be huge"