I'm confused as to why you "continue to be shocked" that people are willing to spend money on Teslas when the average new car transaction price is pushing $50k. It seems you're more shocked that people are willing to spend money on cars in general than specifically Tesla?
Well a) I wish the industry was better at representing the
mean and not the
median which they are calling "average" but I don't trust. And b) yes $50k for a new car is bat insane!! We have one car and we replaced it and spent $29k for a brand new, very well-equipped mid-sized SUV. We did this in part because the used car market is insane, and my nephew needed a car, so we sold him ours. We looked a 5 year old vehicle with slightly less equipment than the new one for roughly the same price and just decided to go new. And we got a 2.9% loan (36 months) for some of the expense rather than pull money out of investments. We were stupid clown car spendypants!
But yeah, why would you buy a $40k+ vehicle (after waiting all year for a huge tax credit to show up) when you could buy a car for under $30k? Why are people buying $40k+ vehicles and $60k+ trucks? It's insane. Maybe Tesla got a lot nicer but when I sat in a $60k Model 3 a colleague had bought several years ago, it felt like a clinical Corolla with a fancy powertrain. As a $50k car, I didn't understand why anyone would want it. Sure at $33k, it makes sense if the range/powertrain/fanciness meets your needs, but it's still more than I would
prefer to pay for a car.
But YEAH - I get it. I'm weird. I was weird before MMM, and now I've got new weirdness. Most of my cars were "weird" vehicles to the mainstream. Hatchbacks, clutch your pearls! A 2-door Honda Prelude? What is it a prelude to, a real car? A sedan? An SUV? You're so weird! I find it so weird that so many people wanted Corollas and Camrys and now they want Model 3s an Model Ys. That's my opinion and it won't change even if it is what
normal people want. The fact that a lot of these vehicles are "mainstream" but also $50k really blows my mind, though. What is wrong with these people?!