Cyberstuck

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A place to post your Cybertruck fails! We're here to make fun of this hunk of shit and throw as much shade as we can to that garbage bag of a human elon.

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Punchshark@lemmy.ca

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My Tesla Cybertruck Got Totaled After It Was Sideswiped by an E-Scooter. All-in, I paid $198K, but Insurance is Only Offering Me a “Fair Market Value” of $77K. I Still Owe the Bank $171,500 (www.torquenews.com)

submitted 1 month ago by ThefuzzyFurryComrade@pawb.social to c/Cyberstuck@lemmy.ca

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[–] Krudler@lemmy.world 57 points 1 month ago* (last edited 1 month ago) (9 children)

TL;DR: man does not understand how Insurance works; that vehicles are depreciating assets.

What kind of fucking idiot does not understand that a vehicle is a depreciating asset!?

Yeah, the minute you buy a vehicle for $200,000 and you drive it off the lot, it is now worth $135,000.

Furthermore, insurance does not give you back "what you paid" you get "replacement value". So if you were stupid enough to pay $200,000 and it's depreciated to $70,000, that's what you get, because that's what it cost to replace your stupid toy.

Why is this even an article

[–] LuckyPierre@lemm.ee 12 points 1 month ago

Why is this even an article

Because it's designed to make us feel good at the cost of a fool's misfortune.

Just like 50% of the "news" out there.

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