The bend of the blue curve is impacted by interest rate, not the overall length before it hits zero, that is your term, which fixed at 36, 48, 60, 72mo etc.

There are no real numbers in that graph, but it just represents the relationship between loan amortization and vehicle depreciation. I grabbed it from a site…

Det. Corbin: She’s guilty. I have no evidence, no proof, no motive, no statement, no recovered assets, but I’m willing to testify that she’s guilty, just because I say so.

If you put 20%+ down on your car, and finance for 4 years or less it is very likely that you will never be underwater.

The higher your downpayment the lower the blue line will start on the Y axis. The shorter your term, the faster the blue line will drop. The yellow lines above the blue are equity. the yellow lines…

Keep in mind... and it's a gut punch for me to say this,  but the 1990's were 30 years ago...

It wont take long to fill this niche and sales drop like a rock.  It is priced way higher than it was supposed to, has much less range, and is turning out to be built like crap.  Resale is already below MSRP and will continue to go down fast.  

How is the answer not Miata?

Those are hooves, not nails.

1. This is a post about the CEO of the most valuable car company on the planet.
2. Cars are political.

I’m not talking about every situation. Just this particular one where it was so damn close, the kid was announced as winning, and the rules were not clearly explained to him.

Even if the insurance company wouldn’t cover it, they should have immediately chosen to take the hit and pay for it out of pocket.

I will probably get some flak here, but it most likely was an insurance-based denial. Any of these contests that you see to win prizes (hole in one, kick a fg, make free throws, etc.), the sponsor company will get insurance for them. And it is really up to the insurance company to pay out the prize if it is won.

Vingroup’s got you covered either way

You forgot the “/s”

If implemented, it would apply to all vehicles weighing 10,000 pounds or less

Everything ventured, nothing gained.

Yeah. Sounds like yet another instance of bankruptcy abuse by the hedge fund corporate wreckers.

Both are backed by private equity firm Clearlake Capital Group

One has to wonder just how the hell an automotive lifestyle brand founded by the late Ken Block wound up over a billion dollars in debt just over a decade after it was founded.

We are in the midst of what happens when venture capital ruins brands. The only reason to ever sell to VC is to get your money and get out. After they take over, it is only a matter of time until the brand is dead. They will milk every last cent they can. They will not foster growth or innovation. 

I honestly didn’t know that Hoonigan was anything other than a slogan or name. I associated it with Ken Block but that’s as far as it went for me. To discover it’s an actual business with $1.2 billion in debt blows my mind as much as those gymkhana videos. This might be part of their business problem.