Mid level pro runners with Teslas?

I’m sure they love their $500 a month car payment. Dummies

Your definition of hate is unreasonably harsh. If you put your life on the Internet expect criticism either mild or harsh. Don't expect everyone to give you a thumbs up all the time.

A base Tesla 3 isn’t all that special. However, the dual motor 3 has some impressive acceleration figures. I’ve never driven one, but I get the appeal.

If you are in your 20s, group living, getting paid to run, why not splurge a bit on a car? I’d personally get a more engaging car, like a used Porsche Cayman or BMW M2 for that kind of money.

You only live once and you never know when your time is up. Live a little.

Look at America. Most of us are living life to the max with one bad paycheck away from being on the street.

yuhng guhn wrote:

Ace_of_Base wrote:

This must be a joke, there are millions doing this.

Why tho? Are people really that dumb? Can't say I personally know anyone in that camp...

Go to any military base in the US. Half of the guys fresh out of boot camp making $25k a year drive a Mustang or Camaro. Less expensive than a Tesla, but the debt-to-income ratio is much worse.

Probably the worst example I remember seeing is an E-5 (roughly $50k if he lives off base) driving a BMW 7-Series (not isolated to a single instance). The joke is that they live in the back seat.

zaddielon wrote:

On Running Things Considered, they mentioned that Ollie Hoare, Sam Parsons, and Joe Klecker all have Teslas. Where are they getting this money from? Seems unreasonable to think they have 6 figure salaries that justify the cost of a Tesla.

OK Boomer, not everyone is into owning cars.

People with family money are free to do as they please.

yuhng guhn wrote:

Ace_of_Base wrote:

This must be a joke, there are millions doing this.

Why tho? Are people really that dumb? Can't say I personally know anyone in that camp...

Dude so many American's blow money on cars they can't afford. It is the dumbest waste of money in the world. Why would you spend significant money on a depreciating asset when you can barely make ends meet. And who would be stupid enough to give a 6-year loan for 0 down on an asset that loses 40% of its value in a year? Oh yeah, uncle Sam does with our money.

I find it amusing where I live in So Cal whether you're in a low-income neighborhood, middle class, upper class, or apartment complex you see the exact same level of cars. As a rule, the people in lower and middle class are spending the same amount on cars as the upper middle, and upper class. Ok the 1% drive the super high-end cars but almost everyone else across a range of classes has the same level of cars.

WFH mileage wrote:

yuhng guhn wrote:

Why tho? Are people really that dumb? Can't say I personally know anyone in that camp...

Go to any military base in the US. Half of the guys fresh out of boot camp making $25k a year drive a Mustang or Camaro. Less expensive than a Tesla, but the debt-to-income ratio is much worse.

Probably the worst example I remember seeing is an E-5 (roughly $50k if he lives off base) driving a BMW 7-Series (not isolated to a single instance). The joke is that they live in the back seat.

This. If you didn't know any better you'd think a Mustang or Dodge Charger is standard issue with boots and a rifle to every infantryman out of boot camp.

LOL +1

Swaglord_the_real_one_1_1 wrote:

Teslas are great, very smooth and powerful roll

LOL +1

If I was getting paid to be a runner I would be driving a Testarossa. They look and sound like a dream. Tesla's have unbeatable acceleration if you are interested in drag races but look boring as fukk, you can't rev them and they make Boris Johnson look cute.

I'm looking at car reliability rankings and in the top ten there are 3 Japanese cars, 2 Korean cars (Kia), 2 Mini-Coopers (owned by BMW and assembled in England and the Netherlands), and 3 American cars, a Chevy and two Buicks. Deeper rankings are mostly Japanese. No actual German cars and certainly no French or Italian cars. Nor any Swedish models. I didn't realize how many there were. (Koenigsegg (1994–present)

NEVS (Based on SAAB) (2012–present) Scania-Vabis (1911–present) Uniti (2016–present)

Volvo (1927-present). Norway is happy with its oil, no carmakers.

https://cars.usnews.com/cars-trucks/most-reliable-cars-cars-that-last-forever

Teslas rank in the bottom thirty of luxury cars, which as a category are unreliable. The model X is particularly bad as they have rushed to bring cars to market and up production in recent years.

https://www.cnbc.com/2019/11/14/consumer-reports-puts-tesla-back-on-recommended-list-as-reliability-improves.html#:~:text=This%20year%2C%20Lexus%20was%20rated,reliable%20models%20in%20the%20survey

.

huh what wrote:

A model 3 is 38k. That's pretty average for a new car.

38k is a financially stupid / irresponsible amount to pay for a car if you make anything less than 250k per year - no matter how you finance it. Hell, I made $1.1 million last year (no joke) and I bought a $15k car this year (all cash). And yes - that’s our primary vehicle for a family of four (we live in a metro area so only drive it 2 or 3 times per week, but still...

Redonculous Maximus wrote:

huh what wrote:

A model 3 is 38k. That's pretty average for a new car.

38k is a financially stupid / irresponsible amount to pay for a car if you make anything less than 250k per year - no matter how you finance it. Hell, I made $1.1 million last year (no joke) and I bought a $15k car this year (all cash). And yes - that’s our primary vehicle for a family of four (we live in a metro area so only drive it 2 or 3 times per week, but still...

you sound like you're a ton of fun.

I get being responsible but 1.1M in one year and buying a 15K car for your family is actually an insult to them. I'm sure you can find a safe reliable car for 15k but a 40k car is safer just because of all the new air bags, driver aids, crash ratings, etc. I would think your family's safety is worth 40k.

1) All three of these young men attended American colleges on full ride athletic scholarships. That in and of itself could be considered "worth" up to 150k in saved money. Worth noting though that if you had 20k saved, the savings would only be worth 20k in saved money.

2) I know none of these guys are THAT notable as celebrity figures, but a lot of track athletes do have brand partnerships with car companies and car dealerships. Jimmy Greissier is sponsored by Skoda, Michael Norman has a deal with Toyota. Presumably vehicles are included.

3) Remember that nothing about their lifestyle costs them money directly. Shoes, gyms, gear, supplements, travel, entries, lodging at altitude camps, etc. are all paid for. Given that this is essentially everything they need to do their job/live their lifestyle, they effectively pocket whatever they don't have to spend on rent and utilities at a house they share with several other athletes in the suburbs of Boulder.

4a) Yes, new cars are a stupid purchase. Nice new cars are dumber. Dumber still are nice new cars that have high fuel costs and require maintenance. With that said, as soon as I could afford one at age 27, I went and bought a lightly used M3 financed by a dealership. Have had it for 2.5 years and love the sh!t out of it, but there were definitely some concessions I had to make to get it (I live in Phoenix lol).

4b) With that said, Teslas aren't all bad. They have some issues because they aren't Hondas/Toyotas/Mazdas/Hyundais, but all electric vehicles are prone to way less bullsh!t. Also, the cost of "fueling" is negligible (especially when compared to a gas vehicle of the same year and size class)

I think the only issue I really have with this is the fact that pro runners make money very fleetingly. I ran for a D1 school and kept training seriously for a few years after (just do it to stay in shape and have fun at a family Turkey trot outing now), but beyond my scholarship (in theory) a bad race or two would've just been a personal disappointment, not something that put a car payment in jeopardy. When Matt Ramsden was hurt a couple years back, he said he lost profit that season. I'm sure he's done well all the other years, but that's Matt MF Ramsden. Sam Parsons isn't even that close to his consistency and level yet. I just hope that these purchases weren't made based on an idealistic projection of next season's development.

youth is wasted on the young of LRC wrote:

The level of hate on this board is unreal. Some of these points have already been mentioned.

1. These guys are probably living in a group house with low rent.

2. They’re probably not dining out a whole lot or going to bars. Depending on habits this could easily be over 1K a month.

3. Probably not spending much on clothes or shoes due to running.

4. Since they’re training full time expensive travel vacations are out of the question.

5. No college loans.

These five factors could easily amount to saving 1K-2K a month compared to the average male their age.[/quote]

Amen to this! If they are not looking at massive outlays for rent, food, travel, and other sundry expenses a nice and pragmatic car seems reasonable to me. And families may also be helping out some. The college loans issue is a big one: having college paid for puts them into a very rarified area for guys their age to start with.