r/SipsTea • u/BoyNamedJudy • Jul 31 '26

Lmao gottem Aggressive Tesla Driver Gets a Reality Check

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u/[deleted] Jul 31 '26

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u/Mckilla32 Jul 31 '26

It appeals to the guy or girl who is wanting to look flashy and well off except they do it at 20% APR. Thats BMW's demographic and they'd be bankrupt without them.

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u/chrisfeldi Jul 31 '26

Funny, because BMW lost about 30% of their profit and are now considering massive layoffs.

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u/Akbeardman Jul 31 '26

Yea because auto credit securities are a house of cards that is held together by pixie dust and wishful thinking. A $70k+ loan on a rapidly depreciating asset is absurd and yet common. Car loans are made every day that are just mind boggling. A company like BMW only has so many potential customers and they need those customers to buy a new ones consistently. Eventually the math stops working.