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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 year ago by 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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[–] 3 points 1 year ago

Higher interest rates allow creditors to take on riskier customers. Having said that, the US sorely needs regulation in all financial matters.

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