this post was submitted on 05 Jan 2025

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Fuck Cars

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470

It’s Impossible to Get Rid of a Tesla Cybertruck. I Want to Cut My Losses and Move On, but I Can't Give This Thing Away. I’ve Lost So Much Money Already; Help. (www.torquenews.com)

submitted 3 days ago by TheReturnOfPEB@reddthat.com to c/fuck_cars@lemmy.ml

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[–] TheDrink@hexbear.net 27 points 3 days ago (12 children)

One major issue for Sledder here is that since Tesla started Cybertruck deliveries, the starting price for his vehicle has significantly fallen...That further lowers the starting price to $70,500.

My man found out the hard way about depreciation. All my life people have said never to buy a new car because it loses 20% of its value the moment you drive it off the lot. If you really want to drive new cars the best way to do it is lease and change every couple of years (this is still not financially sound, just better than buying new).

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[–] ExtremeDullard@lemmy.sdf.org 37 points 3 days ago

A fool and his money...

[–] TrickDacy@lemmy.world 36 points 3 days ago

Help

No.

[–] originalucifer@moist.catsweat.com 38 points 3 days ago

idiot wants brand new value for his used vehicle. i hate these things, but this doesnt match reality on non-tesla vehicles let a lone one thats now nazi-based.

[–] bitjunkie@lemmy.world 1 points 1 day ago

Class-action lawsuit and maybe try not being be an idiot next time

[–] BurningRiver@beehaw.org 13 points 3 days ago

Sledder also shares that over his lifetime, he has driven and sold over 40 exotic cars, and the Cybertruck is the one vehicle he is having the most trouble finding buyers for.

Not sure why he’s mentioning exotic cars and Cybertrucks in the same sentence. Anyways, he was a sucker the moment he paid the extra $20k or whatever for the Foundation Series. He was never getting that back.

[–] PanArab@lemmy.ml 30 points 3 days ago (3 children)

All of a sudden I don’t feel like the stupidest person for having my passport stolen and missing my flight.

[–] seang96@spgrn.com 15 points 3 days ago

That doesn't make you stupid, more like a victim at least with the context you provided.

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[–] ShinkanTrain@lemmy.ml 12 points 3 days ago

It should rust into nothing in a few months, then problem solved.

[–] victorz@lemmy.world 12 points 3 days ago (6 children)

ngl the front bit of a black cyber truck looks kind of dope. But all of the rest of it still looks like hot garbage.

[–] ShinkanTrain@lemmy.ml 14 points 3 days ago* (last edited 3 days ago) (1 children)

But reverse. It starts falling apart when you get to the windshield lol

I think it looks the worst when looked from the side.

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[–] jagged_circle@feddit.nl 16 points 3 days ago

Have you tried exploding it?

[–] Aceticon@lemmy.dbzer0.com 7 points 2 days ago* (last edited 2 days ago) (1 children)

If analyzed in purelly financial terms, buying a brand new car is almost invariably one of the worst investments there is compared to other options (if you really need a car, aim for a car which is 1 or 2 years), and if you couple that with taking a punt on a Musk product on the user side (not even the shareholders' side but quite literally the side of the people the shareholders, most noteably Musk, want to extract money from, so pretty much the suckers' side) AND, maybe worse, doing it as an early adopter, pretty much adds up to a guaranteed lubless shafting.

Investing in a "I'm a sucker" tattoo for one's forehead probably has a better return.

[–] CafecitoHippo@lemm.ee 9 points 2 days ago (2 children)

buying a brand new car is almost invariably one of the worst investments

Because it's not an investment. There is nothing wrong with buying a new car if you plan on keeping it. You get the original manufacturer's warranty, no worries about a previous owner having been in an accident or not keeping up with routine maintenance, and often times you can lower your initial cost of ownership via dealer financing that's below market rates because they're willing to take loses there to move vehicles. Just a quick look, 2022 Toyota Corolla SE with 33k miles is selling for roughly ~$23k. A brand new 2025 Corolla SE is selling for ~$26k. If you need to finance it, you're going to get better rates on the new vehicle vs the used. You're getting 3 years worth of improvements and you're getting a full manufacturer's warranty and not just the balance of what's outstanding on a 3 year old vehicle with 33k miles on it.

[–] Aceticon@lemmy.dbzer0.com 4 points 2 days ago (3 children)

Almost every purchase for oneself is an investment, not in the Financial Investment sense of putting money expecting to get more money out but in the broader sense that we buy things because they provide some kind of value to us, which can be a utility value, tge satisfaction of an actual physical need, the pleasure one derive from using it or even just the pleasure of owning it

People don't just buy things with no reason at all at any level, though often people buy things for the emotional reason that it gives them a jolt of pleasure to buy that thing (not exactly the smartest thing to do IMHO, but quite possibly one of the core pillars holding up present day Consumer Society).

So in that broader sense even the peace of mind you refer to as a justification for buying a new car has an actual value which can be expressed into a rough money range or, even better, the more personal "how long do I have to work to pay for the peace of mind of a new car instead of buying a 2 year old car".

Further once you look at it that way, you start identifying which objective/need/feeling you're trying to satisfy and figuring out other ways of satisfying it for less - for example if a car is expensive enough you can literally pay to have many possible used cars you are considering checked by a mechanic before you buy, have car histories checked, and buy an extended warranty, to get that piece mind you wish and still save up a lot of money (or, in another "currency", a lot of days of work to earn that money).

In that broader sense, IMHO, new cars are generally a bad "investment" versus cars with a year or two because you're paying a huge premium for a piece of mind you might get for much cheaper or might not even need because your fears are just be the product of being widely misinformed about the probability of problems in cars relative (I can tell you from a broader Engineering sense, the rates of problem in physical products in general tend to peak first when they're new, then go down, then start going up again when they're aged, which for something like a car would be 5+ year at least, though beware that I only know this rule as a general thing and don't have car-specific knowledge on it beyond some vaguely remembered stuff I read over a decade ago) and of imagining the worst possible scenario in your mind about what problems a 2 year old used car can give you when the reality is that scenario in your mind is incredibly unlikely and you can buy stupidly cheap insurance to cover it.

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[–] RoidingOldMan@lemmy.world 25 points 3 days ago* (last edited 3 days ago) (2 children)

He's lost over $10 grand for every thousand miles he's driven. Or you could express that as $5 grand per month he's owned it. Might even be worse depending on his financing.

I guess this is another reminder that brand new cars can depreciate hard. Absolutely terrible way to rent a car for 8 months.

[–] thenextguy@lemmy.world 32 points 3 days ago (1 children)

He lost by thinking a car is an investment.

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[–] rekabis@programming.dev 11 points 3 days ago

Can’t handle the douchnozzle neon sign lighting up when you drive that thing in public?

[–] accideath@lemmy.world 7 points 3 days ago (2 children)

And here I thought Teslas were an appreciating asset.

~/s~

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