Tesla Talk

Cars are peculiar things, like many here I have owned many and varied depending upon the requirements at the time. Don't think I have ever had a lemon. Some of course I liked more than others, probably my most practical buy was a top spec Skoda Superb, but it was probably my least favourite to drive. Of course great when the kids were younger. Best in recent times probably a Honda Civic GT-S and my Model 3.

Was just thinking what I would buy to replace my Tesla, cannot really think of anything else out there with the price/performance/efficiency/charging network that would tempt me, so will probably change like for like with possibly a higher performance model. If so would be a first for me buying the same model twice...

Would not be good for Tesla if the technoking is removed 😮

I love to bash Tesla, but only when I believe they deserve the criticism(USS deletion is a major gripe of mine).

I believe Tesla captured a lot of endearment from those whom are not part of the wealthy class because of the performance they offer for the price.

Teslas offerings in the M3 and MY give what would be considered 5-10 years ago to be supercar performance for the same price of an average or slightly above average family car nowadays. In metaphorical sense it elevated those in lower classes to the wealthy class in terms of what their incomes allow them to experience in their daily drives. Whereas year ago we could only look on with jealousy or sadness of the realisation that we'd never be able to afford a high-end performance car.

Some people who come from wealthy backgrounds don't understand this because they were always surrounded by the upper end segment of luxury and performance. And I don't mean to single out the wealthy, people from all classes have their own classification of what constitutes a luxury or well built car. Tesla are not a premium brand in a lot of areas but they do provide premium levels of performance where most other brands provide budget levels of performance but are better in other areas for the same price. Premium performance for an affordable price is really important to me.

I would never be able to afford an Audi RS4, Mercedes C63 amg or a BMW M3 nevermind the associated running costs but I can afford a Tesla Model 3 performance/long range and the running costs. Until some other brand comes along and provides the improved levels of performance, efficiency, features for an affordable price then I will probably remain drawn towards Tesla because I'm not that bothered about their negatives.

Because lads is pretty much gender neutral these days.

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Back to Tesla talk, Renault giving out again about the discounting by Tesla and Chinese rivals.

Investors are starting to price in the fact that European manufacturers are going to struggle to compete on price.

So a bit of a cautionary story..

*Finance Ireland* and possibly most motor finance companies..

Used finance to secure tesla earlier this year, the intention was to use it as a bridging loan, perhaps incurring a bit of interest and an admin fee for termination early, 2 or 3 months later.

It appears the interest is done like a mortgage, ie front loaded, so the vast majority of your initial payments are just interest and not capital. I have taken smaller loans before and it was never to my recollection front loaded like this.

Net result is a 2 or 3 month loan has cost well over 1000, meaning an effective rate well over 10% per annum.

I did ask Tesla care at the time if the loan had any major cost if my plan was to pay it off more or less straight away and they said no - probably equally as unaware of the setup.

You read correctly. Your explanation is right. I should have known better.....

but paperwork shows the whole interest you can expect to day without any clear reference to front loading. I'm pretty sure many credit union loans are not front loaded?

long story short, don't use motor loans for short term finance. Interest will be effectively double advertised

We hear this on one hand and on the other we hear Tesla and VW are planning to introduce a 25k EV while Dacia are currently selling a car for 16k in France. So I'm not sure who to believe

I recall the Japanese cars upending the American market all those years ago in a similar fashion

50,000 Superchargers installed. They made number 50,000 special

It's in Roseville, California.