Just some free finance advice. Vehicles are a money sink, they only lose you value. If you aren’t comfortable with the concept of losing money, DO NOT buy an expensive vehicle. But the cheapest used car you can with cash on hand. Now, that’s not possible for everyone. And it’s not practical for everyone, it might be in your best interest to lease a vehicle for a monthly fee. Your lease should be with a reputable car dealer that has some kind of agreement to regularly maintain the car, and to trade it in often for another car without increasing your fees. The goal here is to pay as little as you can, and trade in often so you don’t ever reach the point of needing serious repairs to the vehicle. Different situations have different needs, no one size solution works. But I’d HIGHLY discourage taking out a large debt in order to buy a new car. Your losing money you don’t have. That’s a bad idea. Then again, bankruptcy has few downsides when you are already poor.

I suspect his story is bullshit. His truck was sideswiped by an e-scooter with enough force to damage the doors, wheels, deploy the airbags, and render the vehicle immobile? How fast/massive was this e-scooter? Did the e-scooter rider survive this incredible impact? None of this passes the sniff test unless there is some misalignment in the understanding of what constitutes an e-scooter or he was hit with a glancing blow by a magnetically launched scooter with a rather large rider.

Congratulations on being an idiot who bought the most idiotic vehicle ever offered…this side of the Pontiac Aztec.

How the hell did a scooter do 77k of damage (or more)? Was it fired out of a rail gun? Did the rider survive? Do they need help?

Most likely explanation: had to wait for the cop to do a police report and got caught out in the rain and forgot to activate car wash mode.

Perfectly reasonable and normal for a scooter to destroy a giant pickup. Was the scooter made by space x?

How the hell did a scooter do 77k of damage (or more)? Was it fired out of a rail gun? Did the rider survive? Do they need help?

Most likely explanation: had to wait for the cop to do a police report and got caught out in the rain and forgot to activate car wash mode.

Perfectly reasonable and normal for a scooter to destroy a giant pickup. Was the scooter made by space x?

The difference is not the cost in damage. That’s just how much cyber trucks depreciate in value. $77k is the value of a used Cybertruck on the market that is as old as his damaged truck. Insurance never pays out the new car retail value, they pay out market value of the car that’s the same age.

Wtf? They paid twice the price of the “value”?

Cars depreciate hella quick when you drive off the lot.

Yeah but even if it halved immediately, it should’ve gone from 100k to 50k. What this is saying, is this mfer paid twice the MSRP for a god damned cyber truck.

Edit: and this is good news. Fuck that guy and everyone like him.

Did they not get Gap insurance for their loan?

Wtf? They paid twice the price of the “value”?

There’s a point where the cheapest used car can end up costing more than a slightly more expensive one. While I agree with your advice generally, I’d instead recommend buying the most reliable used vehicle you can afford.