AdamVIP
Member
The advice is always the same. Don't buy 1 (insert car here) if you can't easily afford 2 (insert car here).
It's stupid to buy a car to save money.
SHHH that's how I sold my wife on me buying a 3 Performance.
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The advice is always the same. Don't buy 1 (insert car here) if you can't easily afford 2 (insert car here).
It's stupid to buy a car to save money.
poor people (and rich people for that matter) should be using mass transit. But especially poor people, insurance cost, maintenance costs on a busted car, fuel, ect is like pissing in the wind if you are poor.
this is the biggest "what if" i want to see be successful. assuming the car doesn't rust apart, the interior components live on, the computers, electronics and display all continue in 20-30 years and assuming the motor is basically "age-less", replacing the battery at the cost of a really affordable used car, to give your used Tesla the range it had when it was new, seems like a no-brainer.
Year: 2035
FS: 2018 Tesla M3 P3D-
250k miles on ODO
Battery now charges to 43% of max.
$2500 OBO.
Would you invest $10-15k to make that sucker run like new again, provided everything else seems ok?
psh - that's how i sold myself on buying a new car. "i spend 300-350/mo in gas alone! THAT'S A CAR PAYMENT RIGHT THERE!"SHHH that's how I sold my wife on me buying a 3 Performance.
CURRENTLY this is very true - but in 15-20 years, do you think it will still be the case? seems like there's a market primed for restoring EVs to near-new condition (or at least near-new-operable condition) and selling them as used for a significant margin below new. i could be grossly optimistic about the whole thing. changing technology, charging infrastructure, battery tech, etc. these early-adopter vehicles are probably likely to clutter up landfills in short-order. but there has to be something done.$15k currently gets you a gas vehicle in fairly good condition. Sadly restoring that Model S would probably cost you a drive unit or two some time in the future as well. Add that and the purchase price plus taxes and labour to fix things, you're looking at what, $25k? I'll go buy a 3 or 4 year old car in much better condition for that kind of money.
Not to mention $10k to restore a battery is still far outside the purchasing power of those buying $1000 gas cars right now. This is my biggest worry of EV adoption - the used market looks very bad on the $1000-$3000 end, being of extremely low utility due to degraded batteries. A similar priced gas car has far more utility.
CURRENTLY this is very true - but in 15-20 years, do you think it will still be the case? seems like there's a market primed for restoring EVs to near-new condition (or at least near-new-operable condition) and selling them as used for a significant margin below new. i could be grossly optimistic about the whole thing. changing technology, charging infrastructure, battery tech, etc. these early-adopter vehicles are probably likely to clutter up landfills in short-order. but there has to be something done.
this is the biggest "what if" i want to see be successful. assuming the car doesn't rust apart, the interior components live on, the computers, electronics and display all continue in 20-30 years and assuming the motor is basically "age-less", replacing the battery at the cost of a really affordable used car, to give your used Tesla the range it had when it was new, seems like a no-brainer.
Year: 2035
FS: 2018 Tesla M3 P3D-
250k miles on ODO
Battery now charges to 43% of max.
$2500 OBO.
Would you invest $10-15k to make that sucker run like new again, provided everything else seems ok?
It will be fascinating to see how much a replacement battery would be by then. Batteries are getting cheaper as volume ramps and new chemistry gets more energy dense. ICE is getting more expensive in the sense that they get more and more expensive technologies to improve emissions and fuel economy.
Is a Model 3 battery pack/battery system going to be the equivalent of a small block Chevy or other such ubiquitous and effective ICE powerplants? In that case you may be able to get a remanufactured battery with almost new capacity for much less than a new one costed.
honestly they have nothing to benefit by doing so. M3 owners can't even upgrade their battery (or their motor configuration) today.It wouldn't surprise me if Tesla themselves offer a drop in battery replacement of higher capacity. With all the various replacement packs they've offered on the Model S it seems likely. Keeping the car on the road over time helps their business model because they do things like sell premium connectivity and other upgrades (Acceleration boost) to monetize existing cars on the road.
Robotaxi's, well, maybe some day.
honestly they have nothing to benefit by doing so. M3 owners can't even upgrade their battery (or their motor configuration) today.
poor people (and rich people for that matter) should be using mass transit. But especially poor people, insurance cost, maintenance costs on a busted car, fuel, ect is like pissing in the wind if you are poor.
At US average electric prices it’s about $10-12 to fill up a model S. Perhaps $7-8 for a 3. So, it depends on the friend. Do you charge your friends for dinner or a beer when they are crashing at your house?
Yeah. Warning signs:
- Keeps money in a safe.
- Can't do basic math.
- Posts, "What's with poor people?"
OP was nice to take $425 from him instead of going through his insurance. I was scrapped in the rear bumper and I went through their insurance and pocketed close to $3,000. I just buffed out the paint from the bumper.
FFS.... Look on your electric bill for your per-kWh rate. Then multiply that number by the capacity of your car:With these numbers, are we assuming the Tesla is at low battery like under 5%?
Now he only owes $160, which I feel is nothing to most adults, especially 40 yr old adults. And he has two kids, like how is he even surviving on saving $160. I load my arcade card $60-80 week, to profit off ticket redemption games, to resell for profit or keep prizes.
@MrMassTransit answered brilliantly (as is his name I guess!), but good mass transit doesn't exist in most places. Where it does, it often isn't convenient.
He wouldn't give me his insurance. He was nice enough to stay, but not give his insurance, because I did ask he just wouldn't do it. I felt trying to hound him down for identity, or insurance, would just make him run off and not wanna work with me. He is already poor and having higher insurance is likely something he doesn't want.
He already paid over half of it, which is much better than running off. But I'm just annoyed he can't just get $160 out the ATM and call it a day. It's not like he's asking for $10k in cash.
When my motorcycle got totaled, I got the other guy's insurance to pay me $6000-7000 for the value of the bike.
I also had a scrape on the freeway where the drive couldn't speak English and didn't have insurance. CHP couldn't do anything so sent me home. California is not a deportation state so they were sent home too. I also buffed that out. It was just some white paint transferred.
At least he was nice and tried to give you what he had.
This is precisely what I was trying to inform you of. $160 is a lot of money to some people, actually a large number of people. Especially if they suddenly fall on hard times (e.g. a divorce). I don't want to bring up too many personal anecdotes, but there are people close in my life right now that there's no way they could come up with $160 for anything on short notice. Whether that be medical need, repairs to someone else's car, a concert they really want to see... $160 is an amount a lot of people I know save for over the course of a year. It's not an insignificant disposable amount.
I have never been so aware of those so unaware of "poorer" folk than after I got a Tesla.