I’m not sure you could total my S10 with a scooter.

No, he paid $200,000 for that piece of shit. Right now a new one should be about $70k, which is still $70k for a turd floating in a punch bowl, but is also $130,000 less than what he paid.

You don’t need GAP insurance if you just buy a vehicle you can afford in the first place.

I like the moneyguy 20/3/8 rule. 20% down in cash, no more than 3 years on the loan, no more than 8% of gross monthly income as your monthly payment.

Also the title could be misleading, was a scooter in the lane and he just crushed it against a wall or second lane of traffic? Maybe scooter crushed under the frame punctured battery pack?. A lot off driver vs cyclist collisions often get headlines like Cyclist hits car. When the reality is driver pulled into path of cyclist. Or Driver actually directly hit cyclist by not giving proper lane clearance.

Oh no! Anyways.

Sure, and you don’t need homeowner’s insurance if you don’t buy a house.

Hard to imagine getting sideswiped by an e-scooter would disable a vehicle that size. Presumably it’s still drivable. I would think he’d be better off paying for any truly necessary repairs himself and driving it as-is. But somebody who would pay that much for any car or pickup probably isn’t the type to drive anything that doesn’t look showroom fresh.

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

WTF?

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.

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.

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.

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

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.

Imagine being destroyed by a fucking scooter lol

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

Why is this even an article

Rage bait. It got you to interact with it

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.

This is like ragebait mixed with an ad for gap insurance

But it’s schadenfreude nonetheless

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

You bad they didn’t get GAP insurance