200k to blow on a car but doesn’t have 30 bucks a month for gap insurance

Or you just don’t spend 200K on a cybertruck if you don’t have that kind of money. What is a cybertruck going to do for you that a 10K second hand truck can’t? Even if your second hand 10K truck burns down after a year, you can still buy a new one every year for 20 years for 200K.

I don’t think a $10K secondhand pickup truck exists anymore.-- At least not one with a working engine.

Rage bait? Read like a feel-good story to me.

So I saw something about this.

Apparently the Cybertruck is way more unibody than most cars, their “gigamold” technology or whatever where the truck is made out of a small number of unusually large parts means a bolt-on bolt-off repair on most cars is “the entire cab is bent, it’s done” on the DePlorean.

MAGA is 70+mil people in the US and intelligence is less of a steep climb after that and more of painful, barely perceptible slope toward eventual mediocrity. As for the E-Scooter, you’d be amazed how easy it is to damage a Cybertruck, and remember that total losses are connected more to repair costs than anything and these heaps of garbage can be very expensive to repair properly. Whether or not the guy challenges them on it I do not doubt that they easily could have declared it a total loss.

I feel like, at this point, if you say “no one could be that dumb” then you are using yourself to prove that they absolutely could be. It could even be fake in the end but you’re not right if you stumbled upon the correct answer using deeply flawed logic and got lucky.

I know you can for houses, but can you insure a vehicle for replacement cost?

Zach at Jerry Rig Everything snapped the hitch and nearby frame off his cybertruck with an excavator (for science!), and Tesla repaired it for him and let him film the repair. They have a really impressive adhesive that lets them replace partial panels. (One neat engineering speck in the sea of Tesla awfulness.)

It might not be that the truck is truly unrepairable, but it’s a relatively expensive repair, and insurance weighed the immediate cost plus future liability (the repair will always be blamed for future problems even if it’s not really the culprit) and decided totaling was the best decision for their business model.

That is almost as much as my house which will actually gain value over time rather than lose it immediately

It is likely a fake story.

1. The E-Scooter would have needed to hit that Cybertruck at like MACH 3 to do enough damage to warrant a total loss.
2. He can refuse the total loss and demand they do repairs … yes, that is an option.
3. The article is adding a $50k delivery fee to the value of the vehicle. This guy allegedly agreed to pay and finance Fifty Thousand Dollars to have a car delivered … everyone involved in doing this could be considered stupid.
4. There is no way this guy is stupid enough to not have Gap coverage (unless he is MAGA, then I take it back).

In a case like this the guy would have insurance over a barrel. He could turn down the total loss and demand repairs for so many reasons; The total loss is financially ruinous He could claim an emotional impact is involved in losing the vehicle and it needs repaired.

If this story is true, no one is dumb enough (except MAGA) to just accept the total loss payout and not sue the insurance company.

Plus I just don’t see how a bank would be willing to finance the $50k broker fee. Cars can end up underwater from depreciation, but I’ve never heard of a bank willingly lending more than the purchase price of a new car, to where it’s underwater at the transaction.

It’s really impressive to stick the tow hitch to the back with glue?

It’s really impressive to stick the tow hitch to the back with glue?

No, I “stumbled” onto the answer because I have 4 years of total loss specialty appraisal experience and know exactly what I’m talking about.

Admittedly I don’t know how insurance works beyond the 10k ft view of “exploiting people for profit” and I’ve never totaled a vehicle