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> I’ve been saying it for a while, Tesla’s pricing structure makes them look like amateurs. Nice little passive aggressive completely unargumented quip here...
by tomp 8y ago
> I’ve been saying it for a while, Tesla’s pricing structure makes them look like amateurs.
Nice little passive aggressive completely unargumented quip here...
As a consumer and a free (but fair) market proponent, I want "amateur" pricing structures.
I don't have a lot of experience buying cars, but I recently needed some FX conversions. Compare TransferWise and OFX.
TransferWise offers transparent pricing, they do the conversion at mid market rate and add a bit of fees on top (the bigger the transaction, the lower fees are in percentage terms).
OFX advertises "no fees" but they offer wider bid/ask spread than the market does, meaning that they do charge fees, but they're hidden in the price you're being offered. In addition, they're happy to improve the price if you call them out on this!
TransferWise are amateurs telling me "we offer a service". OFX are "professionals" who are communicating "we're trying to exploit amateurs with an opaque pricing structure that tries to disguise how much our customers are overpaying".
I know which one I'll be using!
Edit: a simple way to see how much you're actually paying, is to try a two-way transfer - e.g. first ask the service to give you the price for 1000 GB (say 1,160.29 EUR), then transfer that amount back to GBP (I get 992.78 GBP). Assuming symmetry, the fee for a one-way transfer then is (1000 - 992.78)/2=3.61 GBP or 0.361%.