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Will my money be safe if they go bankrupt between payment and delivery?
by std_throwaway 8y ago
Will my money be safe if they go bankrupt between payment and delivery?
- oblio 8y agoBesides that, are you sure you want a car from a company that goes bankrupt? A car needs maintenance, spare parts, in their case, software updates...
- std_throwaway 8y agoThat's a good point. Most critical parts would be Tesla exclusive without a 3rd party manufacturer for replacement parts that you have for the cheaper models of conventional cars.
- bjl 8y agoOf course not. You're giving an unsecured, interest-free loan, why would you expect that to be safe?
- jacquesm 8y agoNo, in that case you'll be lining up with the rest of the creditors and I'd assume you will get back nothing at all or pennies on the dollar at best. You're playing bank. Hot tip: don't buy cars that are not in front of you and that you can walk around, only buy cars from manufacturers with long term stability to ensure that the vehicle you've bought will function during its economic life in your hands.
- _ph_ 8y agoTechnically speaking, aren't Tesla and Ford the only two American car companies, who haven't ever gone bankrupt? :)
- jacquesm 8y agoAsk me next year around this time.
- mrguyorama 8y agoThat's a kind of meaningless assertion though, since Tesla is significantly younger than Ford and others