Re:Hertz's Bet on Teslas Went Horribly Sideways
by lelanthran on Thursday April 04, 2024 @01:24PM
(#39933369)
> You won't get any sympathy because your risky economic bet didn't pan out the way you expected it to.
No one is offering sympathy, we're just saying that when buyers are considering a car, depreciation is a consideration.
Because, you see, no one simply burns down a 3 year old car when they want a new one - they use whatever equity in their existing car as part of the payment of the new car.
No one is offering sympathy, we're just saying that when buyers are considering a car, depreciation is a consideration.
Because, you see, no one simply burns down a 3 year old car when they want a new one - they use whatever equity in their existing car as part of the payment of the new car.