With Tesla, you can turn a $2,442 windshield installation into a $3,174 windshield installation through the power of interest.
This is being reported by the Teslasphere as an “excellent option” to restore affordability to a car market that desperately needs more affordability.
Only, neither of those numbers is even in the same ballpark as affordable.
That’s not financing, that’s extortion
A sane society would ban interest rates beyond 2x the Fed. 12% is plenty to make profit.
Higher interest rates allow creditors to take on riskier customers. Having said that, the US sorely needs regulation in all financial matters.
How will elon finance his trip to mars
Imagine buying a car and your car payments keep going up over time because the repair costs rack up faster than your payments.
from what I understand, Tesla’s are fucking garbage so you’re going have to finance a bunch of repairs for your expensive piece of shit
When I had mine, the back seat started rattling one time so I took it in for service. A week later, I finally got it back with a piece of electrical tape stopping the rattle and an invoice for $160.
Glad you no longer have it, but next time, regardless of manufacturer, if you have a minor issue that isn’t covered by warranty, don’t bother taking it to the dealer. They all scam you based on the hourly pricing (not competitive to independent shops, even specialists of the marque) and replacement policy (replace as big a part as possible because more money + less chance of customer coming back. Example for ICE based cars: Friend did his apprenticeship at a Toyota dealer. Car came in with a bad alternator voltage regulator (probably 20-30 euros for an aftermarket part, Toyota would obviously ask more for a genuine Toyota branded part), his boss told him it’s going to have to be a full alternator replacement, they won’t replace the regulator itself. This policy is great under warranty (you get more parts renewed, yay), but not so much when it’s an out of pocket repair.
I know, I was assuming they would maybe have to replace a latch or something. Tesla doesn’t sell parts to repair shops, so getting the right one would have been difficult or impossible. Tesla’s service used to be white-glove when I first had the car, and rapidly declined to a shit-covered dumpster fire.
Fair enough. Though in such a case (zero aftermarket parts availability), you’re better off getting a used part IMO, unless it’s a wear item. But that’s just my opinion of course.
Not understanding the alternator bit. I’m not aware of any shop of any stripe that will replace only the regulator.
EDIT: Leaving the above. Seems like back in the day you couldn’t replace the regulator alone. Looked at pics and it seems easy now days.
Depends on the model. When my first car was having alternator trouble, I replaced the regulator which required me to remove a whopping two bolts. Of course it’s not possible on all alternators, but it was the first example I could think of. Similarly, if you’ve got a bad valve body in your auto transmission, most main dealers would tell you that you need to replace the entire transmission. Etc.
god damn, lol.
Yeah. Insane. Like taking out a mortgage on a house of cards.
Much cheaper option…
Here’s an even better cheaper option.
This was always the case for poor individuals… We’ve been forced to finance our car repairs for decades now.
With Tesla, you can turn a $2,442 windshield installation into a $3,174 windshield installation through the power of interest.
Ok but 2442 is already insane. Yes it’s heated, yes there’s a rain sensor, plenty of cars have that, and their windshields cost half as much.
My actual pickup truck (a Toyota Tacoma) costs $275 for an installed windshield.
The Cybertruck windshield costs nearly 10 times as much for… reasons? Honestly don’t even fucking know why. Because Elon knows an easy mark when he sees one, I guess
Toyota? Buddy, that’s not a “pickup truck.” That’s a street legal war machine! A technical!!! 😎
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I broke a Ford windscreen once. Insurance paid 1100 euros to replace it. Without insurance you can bet it would have been a non-heated windscreen for a few hundred.
Fat mobster: “Where else you gonna go? Autozone? Hahahahahaha!”
“Musk needs to keep my name out his goddamned mouth!”
- Nikolai Tesla, probably
I could see battery packs and motors being financable at a sensible interest rate being a good thing for people who can’t afford such expenses out of pocket - it would make it possible for slightly less well off people to buy used EVs instead of used ICE cars.
This though? Fuck everything about this.
Oh goody. It’s damn CareCredit for cars.
what a thoroughly benighted concept
How much of this expense is because Tesla is a small auto manufacturer? I imagine they don’t have the economies of scale that others do.
And I’m not even thinking about the stupid wankpanzer with all it’s custom BS…
I feel like a competent CEO would have merged with a large auto manufacturer and maintained an independent leadership.
Tesla still makes the best EVs out of the American manufacturers I believe. They make really horrible cars though.
The big 3 are no better, but if Tesla had merged with a Japanese or European manufacturer that actually knows how to build great cars, it could’ve been something spectacular. A ridiculous market advantage.
It’s a cautionary tale for any (sane, rational) business now. For crypto, very inspire. Much yoink.
You’re not paying enough for out rolling trash dumpster, would you like to finance some used parts that don’t work either??? Sincerely, Elon
