Re:Tesla Surges Above $500, Leaving Analyst Targets in the Dust
by sokoloff on Monday January 13, 2020 @07:03PM
(#22040229)
Why spend $50K or more to save $100 or even $180 a month for maybe 8 years and get $10-20K back at the end? That’s just not compelling on an RoI basis.
There are many reasons to like a Tesla. It’s almost surely not the cheapest way to motor though. A $5K Honda and investing the difference will be wildly cheaper during the ownership period (including no need to carry collision/comprehensive insurance!) and have a much higher residual value (in the investment account). To me, that should be more compelling to many people.
There are many reasons to like a Tesla. It’s almost surely not the cheapest way to motor though. A $5K Honda and investing the difference will be wildly cheaper during the ownership period (including no need to carry collision/comprehensive insurance!) and have a much higher residual value (in the investment account). To me, that should be more compelling to many people.