It would be crazy if the whole company was a gigantic Enron 2.0. 

They really aren’t that much cheaper to maintain. At least in personal experience. The only real savings is on gas/fuel and once you go to a relatively efficient hybrid, even those savings are VERY low.

Maintaining a rental and a personal car are way different. I also don’t really buy that CR data set. Tesla from 1-5 years is $580? You almost definitely need new tires in that time frame and $580 isn’t getting you a set of tires for a Tesla or almost any newer car. Even my ‘07 Highlander with common 17" wheel/tires is…

I am sure he will sue for emotional distress too.

The use case for this car is a first car at this vintage and for what it is and at $10.5k I can find things that fit the bill way better and for way less. HUGE and I mean HUGE Crack pipe.

As I said, this skews towards younger people and if that doesn’t change as someone gets older than the case above could be made for those people fitting into this studies outcome. But just because I liked loud cars from 16-22 (just a guesstimate) doesn’t mean I am a psychopath. I still enjoy loud cars, but not in my…

Me too, but I feel like the ones that you described are more likely to be with a certain group of people. I think younger people are more likely to have that and as people get older they change their interest. But that doesn’t mean they were or are a psychopath. You could make that argument that people who never…

If you want to certify the car, yes. But again, that process has nothing to do with the loan company. But if I have principle left on a loan and I pay it off early, I pay the principle plus any interest that has been accrued in that month, not all remaining interest left on the loan.

Unless those numbers on money to chargers are just because they are increasing existing locations, not making new ones. I feel like there is something there. I am honestly wondering if Tesla has some well done books, if you know what I mean. 

Hey! The Wire! I know those guys!

Most all the Superchargers I see are at rest stops or gas stations, so I highly doubt they own much of the land they are on. Maybe some, but leasing is a big thing in the corporate world due to tax incentives. Even top golf builds their places, then sells and leases them back. I would assume many Superchargers are…

Yes, I know they are making a decent amount off the loan, but her trading in the car early doesn’t make them any extra money. They knew how much they could make from the moment the loan was offered. If you terminate the loan early, unless they are also doing another loan for you with negative equity, they actually…

Your original comment said, “ They’ll finance her $30-40k in negative equity for the next vehicle or something like that, take possession of a vehicle that they can probably sell for $40k and put a bunch of interest money into their pocket.”

I would bet all or some of the story is fabricated for the likes. I honestly don’t believe half the shit I see, because I know there is so much BS in the social media “influencer” realm. Tahoe’s start at $56k, so an $84k loan had plenty of room for a negative equity rollover. Most banks will do like 125% LTV for…

This was going to be my comment as well. People’s thoughts and affinities change over time. I think it is pretty well known that younger people like to get attention in many different ways. But as they get older and mature, they find things that they like and realize that maybe they don’t need or want that attention…

Ehh, probably not a huge winner for the bank. They don’t really do anything other than give out the loan. In this case, if she traded in the Tahoe they would just give her a new loan that would pay off the old loan and then next car. So, the bank actually losses out a bit on interest if the next car is cheaper. The…

It says GM financial in the article. Walk into a dealer with a negative equity trade, shit credit and a high debt to income ratio and they will get you in a car, you will just be paying way too much for it.

Hmm, difficult question to answer, but here I go:

Yep, same here. I don’t need any extra stress, still don’t like when people do dumb shit. But now, after about 2 seconds and one, “what are you thinking?” I am all good. 

That is true. Not here to tell people what they want or what they should have, but man, this is one I just don’t get. At least that Aries was/is cheap to run and is still going.