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My Tesla Cybertruck Got Totaled After It Was Sideswiped by an E-Scooter. All-in, I paid $198K, but Insurance is Only Offering Me a “Fair Market Value” of $77K. I Still Owe the Bank $171,500 (www.torquenews.com)

submitted 5 days ago by [email protected] to c/[email protected]

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[-] [email protected] 36 points 4 days ago

200k to blow on a car but doesn't have 30 bucks a month for gap insurance

[-] [email protected] 12 points 4 days ago

Came here to say super similar.

Also, since when is gap insurance $30 per month? I want to say I paid a flat $300 for it on my last car (back in 2020, just before the pandemic) for the life of the loan (6 years / 72 months)

[-] [email protected] 2 points 4 days ago* (last edited 4 days ago)

That is almost as much as my house which will actually gain value over time rather than lose it immediately

[-] [email protected] 1 points 3 days ago

It's crazy it was ever sold for that much even crazier how many broke people were able to acquire one and are now in way over their head like this guy

[-] [email protected] 1 points 4 days ago

well he's gonna be paying that off for the rest of his life now :) good investment!

this post was submitted on 30 May 2025

497 points (92.0% liked)

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