400
I just find this funny. Not his debt, but debt over not one but two Cybertrucks. (thelemmy.club)
submitted 10 months ago by [M] to c/insanepeoplefacebook@lemmy.world
149 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] 18 points 10 months ago (7 children)

Selling the Cybertruck and keeping the Y would be the wise option.

How is the Y the one he's upside down on?

  • permalink
  • fedilink
  • source
  • hideshow 7 child comments
    •
  • [–] 5 points 10 months ago (4 children)

    Nobody wants one because of the implication. Plus cost of ownership of a used Tesla is going to skyrocket as there really isn't an aftermarket supply chain for them and you're looking at a battery replacement at some point. It's like buying a used BMW or Mercedes, they are basically totalled after about 8 years because of the cost to maintain them.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 4 child comments
    •
  • [–] 2 points 10 months ago (2 children)

    what are the implications? Does it have anything to do with the "i bought this before musk went crazy" stickers? Or something else?

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 1 point 10 months ago

    While I agree with a lot of what you’re saying, fear of battery replacement on EVs is overblown.

    Tesla warranties their batteries to 80% health for 8? 10? Years or 120,000 miles, but there is a solid history of them lasting 15+ years or 250,000 miles, which is more than the typical life of a car (and limited by the cars only existing that long). More importantly EV batteries don’t usually outright fail, the EVs just gradually lose range.

    Most EVs, except OG Nissan Leafs with passive cooling), will never need to have their battery replaced

  • permalink
  • fedilink
  • source
  • parent
  • [–] 4 points 10 months ago (1 child)

    I assume he's using a depreciation calculator, based in large part on milage. Y got a pretty good amount of miles on it for not being that old.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 3 points 10 months ago

    Yeah, fair point.

    If he's doing that much driving, the Y isn't a terrible option, and he's already taken the big hit on depreciation. I think they're also reasonably reliable.

    Selling the Cybertruck while he still can is definitely the smartest option, and focus on paying off the Y.

  • permalink
  • fedilink
  • source
  • parent