[Toshi]

Buy the dip!

https://jalopnik.com/youtubers-tesla-plaid-loses-nearly-100-000-in-value-in-1851682735

I wonder how much he makes from his mini YouTube empire relative to the depreciation. I get that it's deductible for his enterprise... which only helps you if you're making enough in the first place.

 

[jimmydean]

I wonder how much he makes from his mini YouTube empire relative to the depreciation. I get that it's deductible for his enterprise... which only helps you if you're making enough in the first place.

Oh, I'm sure he paid cash from a one week check. YouTube douchebags are the worst.

 

[Toshi]

Oh, I'm sure he paid cash from a one week check. YouTube douchebags are the worst.

his channel has 72 million views since Aug 2020. google says $2-12 (quite the range) per 1000 views in ad revenue. so that's $145k-$870k over 4 years against production costs (as it were, his are low) and time to make 954 videos.

so not a "one week check", no.

 

[jimmydean]

his channel has 72 million views since Aug 2020. google says $2-12 (quite the range) per 1000 views in ad revenue. so that's $145k-$870k over 4 years against production costs (as it were, his are low) and time to make 954 videos.

so not a "one week check", no.

That still doesn't make me feel any better. But if I made 954 videos about anything I would have to kill myself. And that would get clicks for sure.

 

[Jm_]

I mean... it's still better than most high end Audi's or BMW's.

Yeah, if you took an M5, optioned it out, I'm sure you could get to 140K, a bunch of little crap too that won't add anything to the resale value...then when you go to trade it in, they'll lowball the hell out of you, especially with nearly 40K miles on it, You might get a little more than that Tesla...but I doubt much more...as a trade it. You'd be way better of selling it private party.

 

[jimmydean]

And if you do lease that structure it as a 0 down deal. There’s no reason to put money down on a lease imo.

This is what I was quoted on Edmunds, still not quite sure what it means.

.00092 MF and 56% residual
$15,900 lease cash

 

[Toshi]

This is what I was quoted on Edmunds, still not quite sure what it means.

.00092 MF and 56% residual
$15,900 lease cash

Money factor is like APR, but divided by 2400. So multiply by 2400 to figure out what the equivalent APR would be: 2.2% here, so they're subsidizing it.

56% residual value means that residual value at the end of the lease term (which you said was 24 mo, right?) is 56% of MSRP.

Lease cash is comprised part of the passed through Fed credit that the lessor claims then passes to the lessee, you. That's $7,500 of it. The remainder is money the manufacturer is putting on the table to move metal.

What you pay is determined in theory by the difference between net cap cost (which is MSRP - discount from MSRP - lease cash) and residual value, with finance charges per the money factor.

In practice, plug those terms along with any up front discount off MSRP into the leasehackr calculator, which will give you the proper acquisition and termination fees for the manufacturer, and you'll get estimated payments. If they don't match on the dealer's quote the dealer is doing something screwy, such as marking up the money factor or not passing through all the lease cash as they're supposed to.

 

[jimmydean]

Money factor is like APR, but divided by 2400. So multiply by 2400 to figure out what the equivalent APR would be: 2.2% here, so they're subsidizing it.

56% residual value means that residual value at the end of the lease term (which you said was 24 mo, right?) is 56% of MSRP.

Lease cash is comprised part of the passed through Fed credit that the lessor claims then passes to the lessee, you. That's $7,500 of it. The remainder is money the manufacturer is putting on the table to move metal.

What you pay is determined in theory by the difference between net cap cost (which is MSRP - discount from MSRP - lease cash) and residual value, with finance charges per the money factor.

In practice, plug those terms along with any up front discount off MSRP into the leasehackr calculator, which will give you the proper acquisition and termination fees for the manufacturer, and you'll get estimated payments. If they don't match on the dealer's quote the dealer is doing something screwy, such as marking up the money factor or not passing through all the lease cash as they're supposed to.

So the leasehackr calculator says $363 with $363 due at signing and they initially wanted $2k down and $570 a month.

They made it sound like $425 would be a stretch.

 

[Westy]

Coworker was complaining about how cars have become so expensive. Pointed out that adjusted for inflation a Honda Civic is about $3000 cheaper than they used to be in 1986. They are also larger, faster, more efficient and safer. No one really needs anything more than a Civic. Cars aren't more expensive, consumers are just a lot dumber.

 

[dump]

Coworker was complaining about how cars have become so expensive. Pointed out that adjusted for inflation a Honda Civic is about $3000 cheaper than they used to be in 1986. They are also larger, faster, more efficient and safer. No one really needs anything more than a Civic. Cars aren't more expensive, consumers are just a lot dumber.

As in everyone wants a luxury vehicle these days? 40k suv, truck, etc?

 

[Westy]

As in everyone wants a luxury vehicle these days? 40k suv, truck, etc?

I am guessing $75,000 trucks are certainly skewing the average.

And of course where I work the people making $200,000 are buying the $30k cars and the the folks making half that are the ones buying the $75k trucks. And the motivation is probably because of "identity" than actual need

 

[Toshi]

the people making $200,000 are buying the $30k cars and the the folks making half that are the ones buying the $75k trucks.

and then you have me with my $54.91/mo lease to skew it even more

 

[Jm_]

Coworker was complaining about how cars have become so expensive. Pointed out that adjusted for inflation a Honda Civic is about $3000 cheaper than they used to be in 1986. They are also larger, faster, more efficient and safer. No one really needs anything more than a Civic. Cars aren't more expensive, consumers are just a lot dumber.

Don't worry, it only happened during the Biden administration. Before then cars were cheap.

 

[jimmydean]

As in everyone wants a luxury vehicle these days? 80k suv, truck, etc?

Ftfy.

 

[jimmydean]

I am guessing $75,000 trucks are certainly skewing the average.

And of course where I work the people making $200,000 are buying the $30k cars and the the folks making half that are the ones buying the $75k trucks. And the motivation is probably because of "identity" than actual need

I'm looking to spend $15k.

I'm not at $200k, but I'm still not spending $80k on an electric truck.

 

[Changleen]

Coworker was complaining about how cars have become so expensive. Pointed out that adjusted for inflation a Honda Civic is about $3000 cheaper than they used to be in 1986. They are also larger, faster, more efficient and safer. No one really needs anything more than a Civic. Cars aren't more expensive, consumers are just a lot dumber.

Especially people buying ICE.

 

[CBJ]

Especially people buying ICE.

The industry has also been really good at marketing their products and clearly get people to buy more and more expensive cars. The amount of car Youtube channels that keep popping up is astounding.

 

[ebarker9]

Coworker was complaining about how cars have become so expensive. Pointed out that adjusted for inflation a Honda Civic is about $3000 cheaper than they used to be in 1986. They are also larger, faster, more efficient and safer. No one really needs anything more than a Civic. Cars aren't more expensive, consumers are just a lot dumber.

We just bought a Civic and I completely agree. It's incredibly nice for "basic" transportation. There's really zero need for anything more unless you're hauling around multiple kids or have some other specific use case that most people don't.

 

[Jm_]

We just bought a Civic and I completely agree. It's incredibly nice for "basic" transportation. There's really zero need for anything more unless you're hauling around multiple kids or have some other specific use case that most people don't.

You are supposed to have between 3-6 kids, tow jet-skis, snowmobile, side-by-sides with at least 1200lb capacity (for 2 400lb adults and 2 200lb kids), push the civics out of the way on the highway and cruise at 90mph on the highway. This requires something like a Ford Excursion diesel with a bigger turbo and modded to blow smoke and make 1200hp. Only then can you experience true freedom.

 

[jimmydean]

This is why I installed a bypass on the wife's CR-V.

‘Look at what the starter’s doing’: Expert shows damage on 2018 Chevy Traverse—and warns why you shouldn't trust cars that auto-start

A mechanic is advising that people not use auto stop and start features. But can these features really cause damage?

www.dailydot.com

 

[Toshi]

Have I already posted this? It’s amazing even if a repost

19K views · 1.4K reactions | It somehow just keeps getting worse #rubicon #wrangler #jeepwrangler #jk #jl #offroad #customjeep #bodykit #liftedjeep #jeepvideo #custom #liftedjeeps #moddedjeeps #mod #rockyoffroad #tank #liftkit #jeep #jeeps #mavelstudios | Josh Koelbel

It somehow just keeps getting worse #rubicon #wrangler #jeepwrangler #jk #jl #offroad #customjeep #bodykit #liftedjeep #jeepvideo #custom #liftedjeeps #moddedjeeps #mod #rockyoffroad #tank...

www.facebook.com

 

[gonefirefightin]

Have I already posted this? It’s amazing even if a repost

19K views · 1.4K reactions | It somehow just keeps getting worse #rubicon #wrangler #jeepwrangler #jk #jl #offroad #customjeep #bodykit #liftedjeep #jeepvideo #custom #liftedjeeps #moddedjeeps #mod #rockyoffroad #tank #liftkit #jeep #jeeps #mavelstudios | Josh Koelbel

It somehow just keeps getting worse #rubicon #wrangler #jeepwrangler #jk #jl #offroad #customjeep #bodykit #liftedjeep #jeepvideo #custom #liftedjeeps #moddedjeeps #mod #rockyoffroad #tank...

www.facebook.com

I saw a front driveline, two coil springs, two lower control arms, and a drag link. I also bet the transfer case is shoved into the floor board as well as the ends of the upper control arms. The radiator and shocks are prob toast as well.

 

[6thElement]

Rear taillights and tailgate might still be ok.

(Have seen before, probably here somewhere)

 

[jimmydean]

What about a 2 series? Coupe, manual, less than 80k miles, only 10 years old vs 22.

 

[Toshi]

why do you make such bad decisions

 

[jimmydean]

why do you make such bad decisions

What do you recommend for a manual sport coupe sub $15k? And don't say Miata.

 

[SkaredShtles]

What do you recommend for a manual sport coupe sub $15k? And don't say Miata.

Older Mazda?

 

[jimmydean]

Older Mazda?

The only rwd Mazda is the Miata, unless RX8 and you want to talk about bad decisions.

 

[SkaredShtles]

The only rwd Mazda is the Miata, unless RX8 and you want to talk about bad decisions.

Older BRZ?

 

[jimmydean]

Older BRZ?

Maybe, but I'm not sure I fit in the 86/BRZ. If it's anything like the S2000, nope.

The Corvette is my first choice, but there are some good looking e90 328i's that are sub $10k with under 100k miles.

 

[SkaredShtles]

<snip> there are some good looking e90 328i's that are sub $10k with under 100k miles.

 

[jimmydean]

There is a cherry one in SD, so Imma go test drive one locally and see if it's worth the effort. It would be $150/month with like 78k miles.

 

[Sandwich]

Volvo and polestar just got access to teslas nacs network. That’s pretty neat

 

[SkaredShtles]

There is a cherry one in SD, so Imma go test drive one locally and see if it's worth the effort. It would be $150/month with like 78k miles.

Stop financing old-ass cars.

 

[jimmydean]

Stop financing old-ass cars.

I don't want to take money out of my stash. It's been a while since I've actually had money in the bank, so I'd like to keep as much there as possible.

The wife and I were laughing about where I was when we met a few weeks back on our anniversary. Renting a room for $400 2 doors down from my ex, paying $2800 a month is child support and donating plasma for weed money. Good times.

 

[SkaredShtles]

I don't want to take money out of my stash. It's been a while since I've actually had money in the bank, so I'd like to keep as much there as possible.

Then build a bigger stash. Don't finance old-assed cars.

 

[jimmydean]

Then build a bigger stash. Don't finance old-assed cars.

I have to get to work in order to build said stash. The truck is not an ideal commuter and I'd rather not a throw away vehicle I don't even want to drive. Less than $200 a month is cheaper than what we were paying for parking downtown, so it's not a huge impact and the insurance is stupid cheap as well. I COULD pay cash for it, but financing through my local CU is what got my credit score to where it is and I'm supporting my local business.

<edit> or are you saying I should be like Joe American and buy a brand new Raptor for $1800 a month because why not?

 

[slyfink]

Correction: vacances de la Toussaint

fixed...

 

[Toshi]

Mesmerizing.

electricfelix (@electricfelixdotcom) on Threads

Faster than Taycan Faster than Plaid Faster than... Rimac (!) xiaomi on the Nürburgring: david_pittard at the wheel: four door prototype record @jimfarley98 was on to something.. (not driving the Ultra) -- leijun_xiaomi presents: 6'46"874, uncut -- EV Threads

www.threads.net

 

[Changleen]

Mesmerizing.

electricfelix (@electricfelixdotcom) on Threads

Faster than Taycan Faster than Plaid Faster than... Rimac (!) xiaomi on the Nürburgring: david_pittard at the wheel: four door prototype record @jimfarley98 was on to something.. (not driving the Ultra) -- leijun_xiaomi presents: 6'46"874, uncut -- EV Threads

www.threads.net

Amazing.