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Tesla Smart Home, will this take off?????

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flyingillini

flyingillini

Joined
Jul 25, 2022
Messages
19,247
Don’t get too excited! Gotta buy a lot to place the house on. Gotta have a foundation built! Gotta have necessary municipal hook up like water/sewer! Gotta pay someone to erect the house on the lot, right. Last gotta pay the shipping charge from the factory to the site! Right? And any other incidental cost! Sidewalks, driveway and electrical hook ups?! My guess is still somewhere north of $250K once it’s all said & done!
 

Tanko

Tanko

Joined
Oct 27, 2021
Messages
46,967
I'd get one but only if this Tesla Smart House is wifi linked to the Neuralink computer chip Elon Musk is placing in people's brains. Then, if I had both the house and the chip, I could control everthing with just my thoughts.


 

KVB

KVB

Joined
Apr 11, 2023
Messages
14,844
Don’t get too excited! Gotta buy a lot to place the house on. Gotta have a foundation built! Gotta have necessary municipal hook up like water/sewer! Gotta pay someone to erect the house on the lot, right. Last gotta pay the shipping charge from the factory to the site! Right? And any other incidental cost! Sidewalks, driveway and electrical hook ups?! My guess is still somewhere north of $250K once it’s all said & done!

Haven't seen this many "gottas" attached to a deal since I ordered that Discount Bride 18 months ago from @flyingillini

All that fine print turned out to be a killer.
 

djefferis

djefferis

Joined
Jan 8, 2024
Messages
2,982
Hey - a Tesla trailer home. What could go wrong - their cars are bulletproof- right ?

Seriously - the whole “modular home” thing has been tried time and again. Turns out - building in a plant and moving them to a site is not cheaper than just stick building on site - EVER.

It’s easier to move materials to the site than the entire home - and labor to install is both mobile and relatively the same cost regardless of location. You don’t have to LIVE in a high cost of living area to work there. Plenty of migrant labor in construction comes in for spring - fall and head home end of October only to come back jn March in the Northeast US.

Modular building achieves cost savings right now by doing silly things like splitting 2x4s to half the materials cost of structural components of a home. It works well - until it begins to age. At 20-25 years - a modular home is beginning to fall apart. Of course most mobile home lenders are manufacturer finance at 20 years - so at that point not really a concern. It’s like buying a car - no one cares when it breaks down at 200k miles because the loan is generally paid off or near it - well no one except the owner who relies on that car at least.
 

djefferis

djefferis

Joined
Jan 8, 2024
Messages
2,982
Only for the rich or upper middle class just like a Tesla

From my observation of owners - Tesla has 2 owner groups - those who think they are “cheaper” to own and those who THINK owning one makes you appear richer.

The first group - it’s highly individually specific if it really is. For most I’d guess the answer is no - unless you’re ubering people around for a living in a city setting.

For the people who THINK owning one makes you appear rich - same buyers who inflated MB/BMW/VW stock for years - buying C class and 3 series BMW/Audi’s. Just because you drop 90k on a car doesn’t make you rich - having 90k to spend on one and not feel the pain of paying cash makes you rich. People are suckers for 84 month loans on these things.
 

djefferis

djefferis

Joined
Jan 8, 2024
Messages
2,982
Ford panther platform, Buick with a 3800 motor, a Honda or Toyota from the 2000's be able to pay cash and have an extra $500 to gamble every month.

pretty much any 3800 - V6 Accord or pre 2011 Camry - I have seen these cars be abused to no end and survive - plus parts are plentiful and cheap.

Crown Vic is on another level of reliable - routinely see 350k on service vehicles.

BTW - where are you seeing $500 car payments ? $750 is the new average I think - seriously - it is stupid how much cars went up the last 2 years.

Bought my truck in 2021 - had extra money, always wanted one so I paid 53k for it and immediately thought I made a mistake (had to order from a dealer who had an allocation from Toyota). 3 years later - only 8k miles on the odometer and thought of selling possibly - Carvana was at 51k with their offer. Granted it’s low miles - but 2k in depreciation in 3 years is unreal - but that’s how much cars have increased in value. Only regret was not buying in 2020 immediately as lockdown lifted - I turned down a 2018 at that time with 17k miles on it for 30k - I offered 28900 thinking we would just meet in the middle at 29500 - but dealer wouldn’t budge off of 29800. I likely could have resold for a profit even today.
 
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