Tesla Doing 84 month car loans

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[Post New]07/22/2023 17:31
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Anonymous
“As If” this is a good idea for buyers. Crazy

https://fortune.com/2023/07/22/telsa-84-month-auto-loans-elon-musk-shares-rising-interest-rates-warning/amp/
[Post New]07/22/2023 17:50
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Anonymous
An 84 month car loan? Hmmm. There's a sucker born every minute ... and it looks like Tesla is more than happy to take their money.
[Post New]07/22/2023 19:10
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Anonymous
Fed needs to drop rates by at least 3%
[Post New]07/22/2023 19:55
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Anonymous
The time is not a big deal, the interest rate is. I wish they'd let me have the car payment free first two years, then on payment plan the next 5. I'd sell my Honda, invest in Tesla stock now and then pay the car off from it.
Just kidding. I retired investing in Tesla. I drive 300 miles a month only and have no use for such car unfortunately.
[Post New]07/22/2023 23:46
quote
Anonymous
Anonymous wrote:The time is not a big deal, the interest rate is. I wish they'd let me have the car payment free first two years, then on payment plan the next 5. I'd sell my Honda, invest in Tesla stock now and then pay the car off from it.
Just kidding. I retired investing in Tesla. I drive 300 miles a month only and have no use for such car unfortunately.


Buying a depreciating asset with a 7 year loan at a high interest rate what could go wrong?
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