$35,000 Tesla Model 3 Available Now

Post by tomjakubowski » Fri, Mar 01, 2019, 3:43 AM UTC

FreedomToCreate wrote: post #388

jeffparsons wrote: post #377

Earlier quoted context omitted.

> "financing for a car" ... "ding your credit score" To my mind the mere fact that someone would borrow money at all to buy _a car_ is a huge red flag against their creditworthiness / financial responsibility. But I keep reading online that people who otherwise seem pretty sensible do this as a matter of course. Is it possible that living in a city with functioning public transport has sheltered me to the point of na…

The Auto Loan industry is huge. I would be surprised if more that 20% of the population could pay 35000 cash. Most people less that 40 barely have a liquid cash of 50K. To pull out 35K and regrow that remaining 15K back to 50K would take a year for someone making 100K. Instead you could take a loan which typically go for 3% for good credit, and keep that 50K in a high interest bank account (2% or more) and pay essent…

Post by madengr » Fri, Mar 01, 2019, 3:45 AM UTC

FreedomToCreate wrote: post #388

jeffparsons wrote: post #377

Earlier quoted context omitted.

> "financing for a car" ... "ding your credit score" To my mind the mere fact that someone would borrow money at all to buy _a car_ is a huge red flag against their creditworthiness / financial responsibility. But I keep reading online that people who otherwise seem pretty sensible do this as a matter of course. Is it possible that living in a city with functioning public transport has sheltered me to the point of na…

The Auto Loan industry is huge. I would be surprised if more that 20% of the population could pay 35000 cash. Most people less that 40 barely have a liquid cash of 50K. To pull out 35K and regrow that remaining 15K back to 50K would take a year for someone making 100K. Instead you could take a loan which typically go for 3% for good credit, and keep that 50K in a high interest bank account (2% or more) and pay essent…

Post by julien_c » Fri, Mar 01, 2019, 3:48 AM UTC

BoorishBears wrote: post #251

natch wrote: post #191

Earlier quoted context omitted.

Once you drive it, you are not going to want to return it, so all this is moot for most people.

I drove a Model S. None of my cars is a Model S. I remember the “salesperson” talking about how quiet it was as wind noise whistled through the cabin like we were in a Corolla. The A4 I was driving at the time was immensely quieter at highway speeds but I nodded and played along. I’m convinced the aspirational status of Teslas means people who haven’t experienced actual luxury vechicles are buying into the hype that…

Post by et2o » Fri, Mar 01, 2019, 3:49 AM UTC

coin wrote: post #432

city41 wrote: post #221

Earlier quoted context omitted.

Cars have always had delivery fees. Delivering something that weighs several tons is not cheap.

I buy stuff online and at retail stores and am never charged a delivery fee. Why do cars get to inflate the price by charging extra for “deliver”?

Post by arbie » Fri, Mar 01, 2019, 3:54 AM UTC

chrisseaton wrote: post #434

1123581321 wrote: post #430

Earlier quoted context omitted.

Based on your last sentence, you might be ending negotiations too early. An early “bottom-line” ultimatum leaves money on the table because the details haven’t been fully considered by the other party, so (in auto sales) the seller hedges with a higher price. A more thorough discussion can bring down the offer they are willing to accept. You don’t have to care about the details to use them in a negotiation.

I don’t get it - asking ‘can you reduce line item n by x’ is exactly the same thing as ‘can you reduce the bottom line by x’, except the former asks them to do something they may not be able to do (that’s how this conversation started - the delivery fee) and the latter lets them achieve what you want any way they’re able to. So why would you ever use the former approach? It’s strictly worse.