Yes, this is all true.
We picked $5K towards state vehicle taxes because those taxes vary per-state and hard to take into account in advance. Didn't want to run through the tax codes of 50 states.
That said, I've modeled out some scenarios and am quite hopeful that when the winner also factors in the $7500 federal tax credit and in some states a per-state credit or rebate (e.g., $2500 in MA), that the winner will come out net zero re car+fees+taxes. Probably in some cases with a positive result, even if spending the full amount on the car.
It's all these complications that caused me to put "No Pain" in quotes and cause a lot of text and discussion / rules in the raffle. So hard to account for all possible expenses and taxes and fees. So really, we're taking away a HUGE AMOUNT of the pain but can't literally promise that you will not have to put some dollars out somewhere, or be temporarily out some money until the next tax season comes along and you take advantage of the credits.
Hope all this makes sense.
P.S. I expect that you could order an X that came in at <= $103K and thus arrive at a car config that was pretty painless. Such a config is not available today but one hopes may be available soon, now that the vehicles are shipping and you can smell Tesla's anxiety to open up the ordering generally!
DNAinaGoodWay wrote:Yeah, you could do it that way. But I'd probably go for a P90 with dual chargers and even if I could stay within CXC's award amount, MA taxes will add up to more than the $5,500 cash the winner gets as well (I wouldn't need the electrician)
Of course, if you opted for an X, I've heard they top out around $150k fully optioned, so it's much less than totally free.
Depends on what you want.