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Tesla Will Now Let You Finance Your EV Repairs… With Interest Rates as High as 36% APR (fuelarc.com)

submitted 1 day ago by KayLeadfoot@fedia.io to c/nottheonion@lemmy.world

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With Tesla, you can turn a $2,442 windshield installation into a $3,174 windshield installation through the power of interest.

This is being reported by the Teslasphere as an "excellent option" to restore affordability to a car market that desperately needs more affordability.

Only, neither of those numbers is even in the same ballpark as affordable.

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[–] nthavoc@lemmy.today 1 points 1 day ago

I see that argument for financing and I can see that working at a really low APR for a short term if the prices come down from $10k-$12k. Some places, you're looking at choosing between financing a car part or replacing your home HVAC system. In my opinion, companies need to quit holding things so close to their chest and can make even more money creating a battery replacement system similar to a gas station system. Show up, get your depleted battery swapped out, and go on.