/biz/ - Business & Finance

It’s a waste of money just keep buying link

I don't care if you say fuck off. Even if you can buy it in cash, this just seems so fucking stupid. You could start a business with that money but instead, you spend it on a fucking car?

Wait until you have 300k to buy your little tesla, not 40k.

>>29875501
>tell me what you think
>don't tell me it's a waste of money only tell me what i want to hear
fucking retard

>>29875501
>Invest in a money pit
What could go wrong?

>>29875501
Geez what a fat ugly piece of shit. It'll suit you, OP.

>>29875679
I asked about my portfolio, I'm gonna do what I want with my money. If you have nothing useful to say, then fuck off.

>>29875820
The most useful advice is to not spend those very small savings on a car you absolutely do not need yet.

>Saving up for a new car
My face when.

Enjoy eternal slavery, OP.

>>29875820
lmao
you do realize that buying specialty cars ends up being one of the worst investments you can make in mechanical upkeep? also you are choosing the ugliest fucking car ever, which will not gain in value. and come on be a fucking man, buy a pre-97 6 cylinder and enjoy all the money you saved.
t. carbureted v8 chad

>>29875661
Two small businesses is too much to handle. Yeah, I'm just gonna take the car

>>29875999
Are you running your dad's business?

>>29876074
Soon to be

>>29875974
Are you into these cars? What's the regular maintenance like on these guys?

>>29875501
Discover the world of countersignaling and be that way in your financial decisions.

https://en.wikipedia.org/wiki/Countersignaling

>Badass.jpg

>>29876306
It's a badass car

>>29876348
it's a bad ass car

>>29876431
kek

>>29876158
I still think you should wait until you have 4x the purchase amount. You should be even more financially responsible if you're going to be a business owner because your income is not going to be constant and predictable.

When my Dad died, I inherited a chain of driving schools and a business that was doing a couple million a year and I thought it was a good idea to start scaling my personal expenses and when hard times came, my finances were so bloated with liabilities. I survived and so did the business but it was way more stressful than it needed to be because I was spending money on shit I didn't need (big fat mortgage, nice cars with expensive insurance and repairs, etc). Just don't buy shit you don't need bro.

>>29876233
i have been a lone ranger mechanic most of my life.
Tesla has TONS of unique parts. AKA not compatible with any aftermarket. Therefore- expensive, not guaranteed to be supported by the company in the future/no guarantee of a collector's aftermarket. Stock brake rotors alone are thousands of dollars. My 6 cyl. 4runner costs $150 for all 4, pads included. The reason a ford is great, is because you can take parts off of nearly any ford and they'll work on yours.

The simple fact is this car will end up being a money pit, and will never appreciate in value.

>>29876467
I've driven only shitter cars and live well beneath my means. Been saving very well for a long time now, and I want the car, so I'm gonna do that. I understand cash flow for small business, it's a constant burden, but we've been getting by well. I'm not a big spender, so I want to try something new. Cool story btw, where are your driving schools based?

>>29876820
Lease and release
seriously

>>29876820
I can't say the state because we're about to be the biggest in our state but it's on the east coast.

>>29876851
This is also a real option. Also, some years I buy a sports car that doesn't really depreciate and drive it for fun from Spring to Fall and sell it back for a little bit more in the winter.

>>29876995
I buy a USED sports car, let me preface that.

>>29876556
I heard that rotors and brake pads aren't an issue for Teslas.
It will depreciate in value, but I'm saving on oil changes, gas and emmisions. My friend's Tesla requires hardly any maintenance. Is there something I am missing here? Is this really not an economic buy?

>>29877221
Look at mazda rotary engines, there's no mechanic this side of japan that will touch the things. This car company has not been around long enough to prove they'll stick around, and it hasn't been long enough to see how their motors really stack up to the test of time.
Your call man, your money your life.

Man smartest thing you could do would be to buy a model S used like a 2014. You can find them for like 20k if you shop around. That’s a good compromise. You get to have your dream but also aren’t getting in over your head financially for it.

>>29875501
I drive that exact car (blue+black, long range model) and I do not like it.

>>29877504
What are your problems with it?

>>29877470
I looked around, not a bad idea. What really attracts me is the end of routine payments like gas, oil changes and emmisions. Yeah, I think they're badass, but it's honestly an economic buy. How long until it basically pays for itself from those three things alone?

>>29875501
Obviously you have your heart set on it if you’re saying not to tell you it’s a stupid idea. Just do your math be honest with yourself and buy it if you think it’s worth the money. All I’d say is used > new every time. Why not a used model X or high performance model S? Or a used base model S and save some $. You’ll still be driving the epic meme car and won’t have to eat as much depreciation.

>>29878034
if those costs dissuade you, then you should not be buying an expensive car. Your insurance/registration alone will be just as much as those routine maintenance costs on a 90's car.

i think im the only one in this thread who actually drives an electric car so let me tell u a bit about it.
THERE IS NO MAINTENANCE
all the guys saying that maintenance will be a killer would be correct if it was a combustion engine car.
maintenance will not be an issue, the problem is that teslas dont come with any real warranty.
if you have a problem go fuck yourself, and since theres no warranty then buying it brand new is a complete retard move. buy second hand for half the price.
the car is not ugly at all, a lot better than the pre 90s shoebox cars.

the thing is that everyone on biz only thinks about how to make money, they never think about taking profits or spending something on themselves, they think its dumb

>>29878922
Any motor will need rebuilding at some point you fucking retard. Doesn't matter if it's ICE or electric. A maintenance unfriendly vehicle will never be worth keeping more than it's initial shelf life.
>Over the course of 1 million km (621,000 miles), it had 2 battery packs and 3 drive unit replacements.

That's 3 whole new fucking motors, not even rebuilds, for half a million miles. Get real.

>>29878694
You see, I've been buying and selling used for a few years now. I'm sure you know just as well as any, getting some of those clunkers to pass emmisions is a nightmare.

I think those costs should dissuade anyone. Why not try to find a better way? Not everything online is true, but from what I've read, battery packs are the big money dumps for Teslas, but that's every 500,000 miles.

I am liking the idea of a used Model S

>>29879222
Do you drive an electric car?

>>29879222
https://electrek.co/2019/11/30/tesla-model-s-1-million-km/
source
>>29879276
no, and I've listed some damn good reasons why I never will. Why would I ever give up the freedom to fix my own car? I know not everyone is a mechanic, but that's a simple answer for me every time.

>>29879228
petrol cars dont even last 500k miles, youd have to buy another car or 2 to do this distance.
this is when teslas might need some maintenance

>>29879313
if you think you cant fix your own car then you are in for a big surprise. electric cars are easier to work on than any combustion car and you dont get covered in filth in the process.

go to diyelectriccar,com if you need proof

>>29879313
A buddy of mine who worked on my old Volvo sounds a lot like you, he was a cool guy. Fixed up cars cheap and sold them outside the auto shop.

I tried this thread on reddit too, but everyone there is a fan boy, so you guys certainly gave me a lot more info.

>>29879421
Why would I waste time to learn to do that on an inferior machine?
I have 245k miles on my 96 4runner with only one transmission rebuild.

>>29879460
Thanks anon. I may be smug, but everyone has their preference. Take what we all say with a grain of salt and enjoy your life.

>>29879541
No problem, man. You like your stuff, and I really respect your persistence. Cheers dude, and have a good one