Buying a 198k car on credit, smh.
this post was submitted on 30 May 2025
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$198K of stupid banker. $198K of stupid wanker.
I just hope my savings aren't in a bank that "invests" like that.
Wtf? They paid twice the price of the "value"?
Cars depreciate hella quick when you drive off the lot.
Yeah but even if it halved immediately, it should've gone from 100k to 50k. What this is saying, is this mfer paid twice the MSRP for a god damned cyber truck.
Edit: and this is good news. Fuck that guy and everyone like him.
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Complaining about the depreciation of that vehicle with extra steps.
LOL
Congratulations on being an idiot who bought the most idiotic vehicle ever offered...this side of the Pontiac Aztec.
The Aztec looks dumb as fuck, but it's still functional....
Google started recommending this site to me recently, and it's garbage. It's all unverified social media posts told in the first person. Shit is WILD.
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How the hell did a scooter do 77k of damage (or more)? Was it fired out of a rail gun? Did the rider survive? Do they need help?
Most likely explanation: had to wait for the cop to do a police report and got caught out in the rain and forgot to activate car wash mode.
Perfectly reasonable and normal for a scooter to destroy a giant pickup. Was the scooter made by space x?
The difference is not the cost in damage. That’s just how much cyber trucks depreciate in value. $77k is the value of a used Cybertruck on the market that is as old as his damaged truck. Insurance never pays out the new car retail value, they pay out market value of the car that’s the same age.
Right? I didn't say anything contradicting this. They total your vehicle when the cost to repair the damage is greater than or equal to the fair market value. If the damage was $50k, the insurance company would pay to repair it instead of replacing it. Because they are giving him the FMV, the damage is more than $77k.
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forgot to activate car wash mode
Wait, what? There's a 'don't die in the rain' mode you have to set?
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Good.
What the fuck is wrong with US insurance?! This person's poor vehicle choices aside, when I insure my vehicle in Australia, we (the insurance company and I) agree an insured value when I take out the insurance. They set the cost based on that agreed value and a few other things. Then if my car is written off they pay me the agreed value plus any other costs covered. What's this agreed market value nonsense? Why would anyone agree to that for a financed vehicle?
You can get insurance that covers what you owe regardless of the actual value of the vehicle; insurance companies are presumably going to calculate the cost of that insurance based on the difference between the two. Dude presumably decided it was too expensive
Did the scooter fall from a building on it?
Time to swipe some "trucks".
almost forgot the obligatory reply
The Price is Right failure horn
What I want to know is if the poor person who was riding that scooter when he cut them off is OK