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  2. Would you buy an Envision or an SRX?

    Just doesn't matter to me.. the legroom.. So much Cadillac could have done that I would with the after market.
  3. Tesla Has Been Burning Through $8,000 Per Minute

    Tesla is known for building quick vehicles, but they're also known for burning through a lot of cash. Bloomberg recently crunched some numbers on how fast Tesla goes through money and the amount is quite shocking. According to their data, Tesla has been burning through $8,000 per minute (about $480,000 in an hour) for the past 12 months. At this rate, Bloomberg predicts that Tesla could run out of money by next August. Tesla spending money like it is going out of style is not all that surprising. The automaker is trying to ramp up production of the Model 3 along with dealing with various issues. Still, the $8,000 per minute figure gives us an idea of how far Tesla still has to go before exiting what it calls 'production hell'. Investors still are bullish on the electric car builder, with a share price of $317.81 at the close of trading yesterday. Tesla also has a market capitalization of more than $53 billion, beating the likes of Ford ($48 billion). The difference being is that Ford is able to consistently make a profit. Tesla says they have enough cash to meet its target of building 5,000 Model 3 sedans per week by the end of March, and expects to “generate significant cash flows from operating activities” afterward. The company is also reservations on their Roadster due in 2020* to help raise funds. Buyers will need to plop down $50,000 for the standard model or $250,000 for the Founders Edition. Tesla will only produce 1,000 models of the Founders Edition, meaning they could possibly produce $250 million in income. “Whether they can last another 10 months or a year, he needs money, and quickly,” said Kevin Tynan, senior analyst with Bloomberg Intelligence. Tynan estimates that Tesla needs to raise $2 billion or more in capital by mid-2018 to stay afloat. Source: Bloomberg
  4. Tesla is known for building quick vehicles, but they're also known for burning through a lot of cash. Bloomberg recently crunched some numbers on how fast Tesla goes through money and the amount is quite shocking. According to their data, Tesla has been burning through $8,000 per minute (about $480,000 in an hour) for the past 12 months. At this rate, Bloomberg predicts that Tesla could run out of money by next August. Tesla spending money like it is going out of style is not all that surprising. The automaker is trying to ramp up production of the Model 3 along with dealing with various issues. Still, the $8,000 per minute figure gives us an idea of how far Tesla still has to go before exiting what it calls 'production hell'. Investors still are bullish on the electric car builder, with a share price of $317.81 at the close of trading yesterday. Tesla also has a market capitalization of more than $53 billion, beating the likes of Ford ($48 billion). The difference being is that Ford is able to consistently make a profit. Tesla says they have enough cash to meet its target of building 5,000 Model 3 sedans per week by the end of March, and expects to “generate significant cash flows from operating activities” afterward. The company is also reservations on their Roadster due in 2020* to help raise funds. Buyers will need to plop down $50,000 for the standard model or $250,000 for the Founders Edition. Tesla will only produce 1,000 models of the Founders Edition, meaning they could possibly produce $250 million in income. “Whether they can last another 10 months or a year, he needs money, and quickly,” said Kevin Tynan, senior analyst with Bloomberg Intelligence. Tynan estimates that Tesla needs to raise $2 billion or more in capital by mid-2018 to stay afloat. Source: Bloomberg View full article
  5. Today
  6. Quick Drive: 2017 Volkswagen Golf Alltrack

    Yeah, especially considering it's a little larger and higher off the ground with, assuming more suspension travel, eating that power a little more. So it still wouldn't be GTI quick but I think it'd be a more attractive package.
  7. Quick Drive: 2017 Volkswagen Golf Alltrack

    I don't think that's being picky at all. I would like to have the GTI's motor in this as it would give it a little bit more oomph and might bump fuel economy.
  8. Quick Drive: 2017 Volkswagen Golf Alltrack

    But not "out the door" because taxes are required.
  9. Quick Drive: 2017 Volkswagen Golf Alltrack

    Pretty much everything is advertised "before taxes" in the US. All the prices are before taxes. In Europe on the other hand taxes are included in the advertised price in most countries. Now maybe we should get back to the car in question? I think it would look much more attractive with optional more powerful engine. Right now for $28.5k you can buy 2.5i Outback premium, which is bigger and have better awd system.
  10. Quick Drive: 2017 Volkswagen Golf Alltrack

    It is scammy when there is a lot more cash required to drive the vehicle "out the door". Just because in the dealership world it means "you still have things to pay for" doesn't mean that's what it means for any other retail product you buy. I know you included "before taxes" and that's why it doesn't make any sense to word it that way to me.. Out the door before additional fees. What's another retail product that is advertised that way?
  11. Quick Drive: 2017 Volkswagen Golf Alltrack

    Dealerships are required by law to provide disclaimers for TTL. In the dealer world, OTD just means all the fees that are necessary to complete the dealership transaction are accounted for. It's not scammy at all. It's just you choosing to be combative over a miniscule detail. Out the door- what you have to pay to walk out the door with the car. It's pretty self explanatory. Once you have done so, you can skip your sales tax, not pay your insurance, and refuse to pay your mortgage for all I care. That all has 0 to do with what you owe the dealer to take possession of the car. And I even included ".....before taxes." in my original post.
  12. 2019 Lincoln MKC Clips Its Wings: Comments

    Probably black car fleets buying the Town Car version..
  13. 2019 Lincoln MKC Clips Its Wings: Comments

    Poor souls...
  14. Quick Drive: 2017 Volkswagen Golf Alltrack

    In IL we pay taxes at dealerships. The internet should know your tax rate based on your license's address. The only reason I didn't pay taxes when I bought my Escape in MO was they said they don't do out of state taxes, which made sense. That's not the most accurate way of advertising, imo. If it wasn't a tens of thousands of dollars purchased it would make sense. Add a low 6% sales tax on that $27,000 vehicle as it's a $28,620 vehicle. They'll do registration but won't do taxes... The best way to word that, imo, is "27k before taxes" or "27k before tax, title license" Not "out the door". It's a dealership type of thing to do. Same here in IL. And literally NO facet of retail advertises "out the door" pricing either. Dealerships are scammy and this is one reason why. Then it is also not 27k out the door if there's a trade-in so that's a stupid argument. A trade-in completely changes everything and an advertised price doesn't really mean a whole lot.
  15. Quick Drive: 2017 Volkswagen Golf Alltrack

    Obviously, the sale price on a car doesn't include taxes, fees, extras...everyone knows that. (in the US)
  16. Quick Drive: 2017 Volkswagen Golf Alltrack

    It's a state by state deal. Missouri does not collect sales tax. And even they did, it's still a stupid argument to make. Even if I know your sales tax rate, and I collect, I still don't know what your total sales tax will be. If you have a trade in and only sales tax on the difference, Idk what that amount is until we agree on figures. Literally NO facet of retail advertises the prices of their goods with taxes included. That's such an incredibly bogus argument.
  17. Quick Drive: 2017 Volkswagen Golf Alltrack

    Taxes are paid at the dealer, they get sent to the state, but sales tax is collected at the dealer..at least they were in Arizona.
  18. Quick Drive: 2017 Volkswagen Golf Alltrack

    Well, you don't pay taxes at the dealership, and the dealer has no way of knowing what your tax rate is when advertising pricing so....... People complain about a lack of upfront pricing, but then complain about when it's upfront and accurate as possible, too. Nothing new there.
  19. 2019 Lincoln MKC Clips Its Wings: Comments

    Yeah, they only sold 248 in October...
  20. 2019 Lincoln MKC Clips Its Wings: Comments

    MKT? What's that?
  21. Quick Drive: 2017 Volkswagen Golf Alltrack

    I hate when dealerships word things like that.. It's not 27k out the door because taxes must be paid. It's just 27k with dealer fees.
  22. 2019 Lincoln MKC Clips Its Wings: Comments

    So now all the Lincoln products will have the new front...except for the MKT....
  23. Quick Drive: 2017 Volkswagen Golf Alltrack

    I know it's me being a little picky but I with this had the GTI's engine to go with the rest of the car. It seems like a pretty sweet vehicle. There's actually one of those in that underground parking lot here at work as well.
  24. Quick Drive: 2017 Volkswagen Golf Alltrack

    Very cool auto, reminds me of the AMC Eagles. An auto way ahead of it's time.
  25. Quick Drive: 2017 Volkswagen Golf Alltrack

    All Alltracks get the same size screen for the infotainment. It's also 1.6" extra ground clearance. I personally think the SE is the sweet spot of the lineup, as it is with rest of the Golf lineup. There are some different bits on the interior in the way of trim, and it also gets the adjustable 'Drive Modes' from the GTI and R, as well. Right now VW has 3k+ in incentives on remaining 2017 Alltracks. You can pick up a $32,000~ SE model w/ DSG for ~27K out the door before taxes.
  26. Random Thoughts Thread

    Joe 'Fonz' Carloni, a Jersey legend taken too soon ('38-99) :
  27. Most wagon options in the U.S. fall under the slightly-lifted off-road category. The reason is quite simple as buyer https://t.co/gHIUlUBi0K

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