this post was submitted on 30 May 2025
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Cyberstuck

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A place to post your Cybertruck fails! We're here to make fun of this hunk of shit and throw as much shade as we can to that garbage bag of a human elon.

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[–] astrsk@fedia.io -5 points 1 week ago (1 children)

You don’t need GAP insurance if you just buy a vehicle you can afford in the first place.

I like the moneyguy 20/3/8 rule. 20% down in cash, no more than 3 years on the loan, no more than 8% of gross monthly income as your monthly payment.

[–] yarr@feddit.nl 2 points 1 week ago (1 children)

Sure, and you don't need homeowner's insurance if you don't buy a house.

[–] astrsk@fedia.io 4 points 1 week ago

Why would you pay for insurance that specifically covers the difference of depreciation if you’re never under water on the vehicle?