Quote:
Originally Posted by MAXUM
Well to start, forking out over 6 figures for a model X I would hope the darn thing is reliable.... I can't speak to them directly but know 4 people who have or had model 3's one guy two of them. They were riddled with problems, everything from major problems to stupid things a car that costs as much as they do should not have.
Lots of people LEASE not buy new cars. This is also why so many, even those that make a decent salary are walking financial disasters. Leasing is a complete rip off. The average joe American lives on a payment plan for everything and owns little to nothing. Any plan for people without "excess cash" is not free either, add in all the finance and interest charges that just adds to the lack of affordability or cost benefit.
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Price does not imply quality. I had a Model 3 as well. Only problem it had was a stress crack in the rear window. That’s it. Friend bought a Model 3 before me and just traded it for a Model Y. He had 50K miles and never saw service either. They gave him almost full price back in trade. I’m also getting almost full price back on my X in trade (cost almost nothing to own or run for 2.5 years). It was only due to luck due to shortages, increase in prices etc. Only reason I’m trading is because I can get back what I paid. Same for my friend and true fir many ICE cars as well.
I agree, Model 3 has had some issues (all Teslas have some issues). Yet Tesla is still #1 in customer satisfaction. I bet most of your friends still enjoy the car even after the frustration of the failures. A common failure is the 12V battery doesn’t last long and can leave you stranded and doesn’t give much warning. And if it dies it’s not easy to deal with. If you get the warnings, any warnings IMMEDIATELY get it to service.
https://insideevs.com/news/486130/te...-win-2020/amp/
I don’t care for leases either. And don’t like loans on cars as well. But most people I know that do leases are smart with their money. I can’t stand the thought of not actually owning my car. I’ve never even rented a living space either.
Even though a lot of folks argue that you’re better off investing the money and taking a loan vs paying for it in cash I don’t buy it that argument. Paying by cash forces you to stay within your means. But it depends on where you are in your life. When young it makes sense. When your older it doesn’t.