LTLFTcomposite wrote:A noted oddity of Tesla owners is that many have spent more on their cars than they ever would have otherwise..,
Tesla may be taking more market share from Honda and Kia than German luxury brands.
TSLA's production ramp-up happened to coincide with historic bubble in car loans, allowing just about anyone with a pulse to qualify for a ~$100k new car loan.
It will be interesting to see the price effects on used Tesla's in the future, when many owners may realize they are driving cars that they cannot afford, ~simultaneously...
Falling car prices + subprime lending =
After years of Auto manufacturers increasing production and sales by increasing discounts delving ever-lower into the subprime market, It's now a buyer's market for both new and used cars...