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Wandering Adventure Party

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  2. Cyberstuck
  3. 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

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

Scheduled Pinned Locked Moved Cyberstuck
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  • thefuzzyfurrycomrade@pawb.socialT thefuzzyfurrycomrade@pawb.social
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    akademy@lemm.ee
    wrote on last edited by
    #78

    It’s weird that sane people don’t do these awesome things.

    WTF?

    1 Reply Last reply
    1
    • thefuzzyfurrycomrade@pawb.socialT thefuzzyfurrycomrade@pawb.social
      This post did not contain any content.
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      novocirab@feddit.org
      wrote on last edited by
      #79

      Note that the original post is from January 26, 2025 (and says the sideswiping took place “last month”), so this happened rather before the backlash against Tesler gianed thrust.

      B 1 Reply Last reply
      5
      • N novocirab@feddit.org

        Note that the original post is from January 26, 2025 (and says the sideswiping took place “last month”), so this happened rather before the backlash against Tesler gianed thrust.

        B This user is from outside of this forum
        B This user is from outside of this forum
        bob_lemon@feddit.org
        wrote on last edited by
        #80

        The Cybertruck bring complete garbage was known from the second it was first revealed though.

        And Elon was known to be a right wing sociopath for a bit longer than that, he just got less and less subtle about it.

        N 1 Reply Last reply
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        • B bob_lemon@feddit.org

          The Cybertruck bring complete garbage was known from the second it was first revealed though.

          And Elon was known to be a right wing sociopath for a bit longer than that, he just got less and less subtle about it.

          N This user is from outside of this forum
          N This user is from outside of this forum
          novocirab@feddit.org
          wrote on last edited by novocirab@feddit.org
          #81

          Sure. I was thinking about the offered “fair market value” though, where it is relevant that even such already measly $77K do not yet reflect all the protests, the keying and arson risks, etc.

          1 Reply Last reply
          3
          • thefuzzyfurrycomrade@pawb.socialT thefuzzyfurrycomrade@pawb.social
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            Krudler
            wrote on last edited by krudler@lemmy.world
            #82

            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

            L H T joel_feila@lemmy.worldJ H 6 Replies Last reply
            51
            • thefuzzyfurrycomrade@pawb.socialT thefuzzyfurrycomrade@pawb.social
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              itdidnttrickledown@lemmy.world
              wrote on last edited by
              #83

              I got hit in a parking lot by a little old lady cutting acrros the parking lot. They wanted to total my car and I told them no. They subtracted the salvage amount and cut me a check for the rest. A oem fender and some color matched paint cost less than 500. So this story is bullshit.

              T L 2 Replies Last reply
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              • thefuzzyfurrycomrade@pawb.socialT thefuzzyfurrycomrade@pawb.social
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                etterra@discuss.online
                wrote on last edited by
                #84

                Imagine being destroyed by a fucking scooter lol

                Captain AggravatedC 1 Reply Last reply
                19
                • K Krudler

                  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

                  L This user is from outside of this forum
                  L This user is from outside of this forum
                  limonene@lemmy.world
                  wrote on last edited by
                  #85

                  Because the level of depreciation of the Cybertruck is unusally high compared to other cars.

                  1 Reply Last reply
                  9
                  • K Krudler

                    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

                    H This user is from outside of this forum
                    H This user is from outside of this forum
                    halloween_spookster@lemmy.world
                    wrote on last edited by
                    #86

                    Why is this even an article

                    Rage bait. It got you to interact with it

                    K S 2 Replies Last reply
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                    • H halloween_spookster@lemmy.world

                      Why is this even an article

                      Rage bait. It got you to interact with it

                      K This user is from outside of this forum
                      K This user is from outside of this forum
                      Krudler
                      wrote on last edited by krudler@lemmy.world
                      #87

                      It got me to comment on lemmy, I’m not dumb enough to give them my eyes.

                      The headline alone is revelatory that it’s ignorant and designed to make people stupider while cashing in on negative feelings towards that facist guy.

                      It’s the same thing on the space community. Everyday there’s multiple posts about how water is found in space like okay we already fucking know that. But it constantly appeals to uninformed people that want to fantasize about aliens.

                      1 Reply Last reply
                      2
                      • K Krudler

                        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

                        T This user is from outside of this forum
                        T This user is from outside of this forum
                        turtlesareneat@discuss.online
                        wrote on last edited by
                        #88

                        This is like ragebait mixed with an ad for gap insurance

                        But it’s schadenfreude nonetheless

                        1 Reply Last reply
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                        • I itdidnttrickledown@lemmy.world

                          I got hit in a parking lot by a little old lady cutting acrros the parking lot. They wanted to total my car and I told them no. They subtracted the salvage amount and cut me a check for the rest. A oem fender and some color matched paint cost less than 500. So this story is bullshit.

                          T This user is from outside of this forum
                          T This user is from outside of this forum
                          turtlesareneat@discuss.online
                          wrote on last edited by
                          #89

                          And you have a salvage title which has lost most of its resale value and is harder to insure

                          I 1 Reply Last reply
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                          • thefuzzyfurrycomrade@pawb.socialT thefuzzyfurrycomrade@pawb.social
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                            B This user is from outside of this forum
                            bitwolf
                            wrote on last edited by
                            #90

                            You bad they didn’t get GAP insurance

                            C 1 Reply Last reply
                            1
                            • B bitwolf

                              You bad they didn’t get GAP insurance

                              C This user is from outside of this forum
                              C This user is from outside of this forum
                              crashumbc@lemmy.world
                              wrote on last edited by
                              #91

                              Gap insurance is a scam in “most” instances. But dropping 100+k driving off the lot… Wait no it’s still a scam, he’s is just a fucking idiot for buying it in the first place …

                              J B 2 Replies Last reply
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                              • T turtlesareneat@discuss.online

                                And you have a salvage title which has lost most of its resale value and is harder to insure

                                I This user is from outside of this forum
                                I This user is from outside of this forum
                                itdidnttrickledown@lemmy.world
                                wrote on last edited by
                                #92

                                I don’t have a salvage title and I wont have one. Ownership was not transferred to them. Title is still in my name with no changes. I know how a salvage title works. Spent a huge part of my life directly involved in the car business including salvage related vehicles. I refused to let them total it. That is allowed. Like I said, it was dented fender. I’m never going to sell it while its running. Its old enough I can keep it running forever with no proprietary tools. I had just put a import motor in it a few months before. Even with their pathetic salvage offer in the settlement it was less than a third of what the car goes for at any car lot.

                                1 Reply Last reply
                                4
                                • thefuzzyfurrycomrade@pawb.socialT thefuzzyfurrycomrade@pawb.social
                                  This post did not contain any content.
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                                  scmstr@lemmy.blahaj.zone
                                  wrote on last edited by
                                  #93

                                  Holy shit those useless piles of nazi garbage cost 200k???

                                  1 Reply Last reply
                                  2
                                  • thefuzzyfurrycomrade@pawb.socialT thefuzzyfurrycomrade@pawb.social
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                                    jimmycakes@lemmy.world
                                    wrote on last edited by
                                    #94

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

                                    D mooncake@lemm.eeM K 3 Replies Last reply
                                    33
                                    • C crashumbc@lemmy.world

                                      Gap insurance is a scam in “most” instances. But dropping 100+k driving off the lot… Wait no it’s still a scam, he’s is just a fucking idiot for buying it in the first place …

                                      J This user is from outside of this forum
                                      J This user is from outside of this forum
                                      jimmycakes@lemmy.world
                                      wrote on last edited by jimmycakes@lemmy.world
                                      #95

                                      Every insurance is a scam right up until you need it. Gap is cheap as hell and if you can’t budget for it you should have the cash in hand to replace your vehicle.

                                      C 1 Reply Last reply
                                      2
                                      • J jimmycakes@lemmy.world

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

                                        D This user is from outside of this forum
                                        D This user is from outside of this forum
                                        dahgangalang@infosec.pub
                                        wrote on last edited by
                                        #96

                                        Came here to say super similar.

                                        Also, since when is gap insurance $30 per month? I want to say I paid a flat $300 for it on my last car (back in 2020, just before the pandemic) for the life of the loan (6 years / 72 months)

                                        1 Reply Last reply
                                        9
                                        • E etterra@discuss.online

                                          Imagine being destroyed by a fucking scooter lol

                                          Captain AggravatedC This user is from outside of this forum
                                          Captain AggravatedC This user is from outside of this forum
                                          Captain Aggravated
                                          wrote on last edited by
                                          #97

                                          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.

                                          joel_feila@lemmy.worldJ L M 3 Replies Last reply
                                          8

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