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-   -   Tesla price cut...WOW (http://forums.pelicanparts.com/off-topic-discussions/1132879-tesla-price-cut-wow.html)

Arizona_928 01-13-2023 09:28 PM
Quote:
Originally Posted by McLovin (Post 11896256)
Used prices were already naturally falling because of increased used Tesla supply (tons have started coming off lease in the past few months) and somewhat decreased demand.
Tough to sell a used Model 3 for a high price right now when you can get a brand new, fully warrantied, better one for $37.5k. With either immediate delivery or very quick delivery.
Such a dramatically different market than 6-12 months ago, when a used one could command more than MSRP.
Supply and demand.

And growing pains of scale up and shift of production to Texas.

Still. They're doing pretty good for being so innovative.

Evans, Marv 01-13-2023 09:39 PM
That new price on the Modle Y is about what we paid for my wife's at the time we bought it. I was flabergasted a few months ago, when I saw what they were going for used. Ours is for us to drive - not thinking of selling. I haven't driven a Model 3, so I can't compare handling, but it seems to handle fine. The suspension on rought roads sucks though, but on a smoothe road it's OK.

Noah930 01-14-2023 01:17 AM
Quote:
Originally Posted by McLovin (Post 11896256)
Tough to sell a used Model 3 for a high price right now when you can get a brand new, fully warrantied, better one for $37.5k. With either immediate delivery or very quick delivery.
Please show me where one can buy a new Model 3 for $37.5K. Not trying to be a jerk. But before today's price reduction, the least expensive Model 3 (the RWD one) was still about $10K more than that.
At least that's what popped up as the purchase price when I looked at the online configurator last week .

Sooner or later 01-14-2023 04:33 AM
Quote:
Originally Posted by Noah930 (Post 11896346)
Please show me where one can buy a new Model 3 for $37.5K. Not trying to be a jerk. But before today's price reduction, the least expensive Model 3 (the RWD one) was still about $10K more than that.
At least that's what popped up as the purchase price when I looked at the online configurator last week .
Looks as if he is including the initial US $7,500 tax credit.

Steve Carlton 01-14-2023 05:13 AM
That's the way Tesla likes to price their cars online- it's sneaky. $43,990 - $7,500 = $37,390.

Noah930 01-14-2023 12:19 PM
Call me old-fashioned, but I define purchase price as the amount I have to write on the check to the dealership (or manufacturer). Not that my opinion is worth anything, but I find Tesla's website's practice of tacking on a tax rebate and fuel cost savings as disingenuous.

Steve Carlton 01-14-2023 12:27 PM
The $7,500 is valid, as most cars don't get that tax credit. Tesla likes to be vague about it, or at least they were worse on that issue before (when I got one about 2.5 years ago). I factored in the fuel savings on my own as monthly and it was substantial.

McLovin 01-14-2023 12:30 PM
Quote:
Originally Posted by Noah930 (Post 11896346)
Please show me where one can buy a new Model 3 for $37.5K. Not trying to be a jerk. But before today's price reduction, the least expensive Model 3 (the RWD one) was still about $10K more than that.
At least that's what popped up as the purchase price when I looked at the online configurator last week .
Do the math

http://forums.pelicanparts.com/uploa...1673728202.jpg

McLovin 01-14-2023 12:36 PM
Quote:
Originally Posted by Steve Carlton (Post 11896703)
The $7,500 is valid, as most cars don't get that tax credit. Tesla likes to be vague about it, or at least they were worse on that issue before (when I got one about 2.5 years ago). I factored in the fuel savings on my own as monthly and it was substantial.
The other day I calculated how much electricity costs my Tesla uses.
I have my actual electric rates keyed into the Tesla app.
Charged it to 80%, wrote down the miles, drove it for a week and recharged it to 80%.
It cost me $8 in electricity to go 54 miles. (All city driving).

Steve Carlton 01-14-2023 12:41 PM
That doesn't sound very good. Do you have an EV rate plan with your utility? I had a Model 3 and when I made a calculation it was about 20 cents on the dollar vs a gas car at 30mpg. The convenience of charging in the garage is really nice.

McLovin 01-14-2023 12:42 PM
Quote:
Originally Posted by Noah930 (Post 11896690)
Call me old-fashioned, but I define purchase price as the amount I have to write on the check to the dealership (or manufacturer). Not that my opinion is worth anything, but I find Tesla's website's practice of tacking on a tax rebate and fuel cost savings as disingenuous.
Fuel costs savings is a bit disingenuous, I agree.
But that’s just one of the calculation options (a silly one).
Not including a tax CREDIT in your definition of the purchase price isn’t “old fashioned.”
I don’t know what it is (bad at math? Disbeliever of reality? Someone who pays less than $7500 Fed income tax?), but it isn’t old fashioned :)

Arizona_928 01-14-2023 12:42 PM
Quote:
Originally Posted by McLovin (Post 11896710)
The other day I calculated how much electricity costs my Tesla uses.
I have my actual electric rates keyed into the Tesla app.
Charged it to 80%, wrote down the miles, drove it for a week and recharged it to 80%.
It cost me $8 in electricity to go 54 miles. (All city driving).
That's pickup mpg territory.

McLovin 01-14-2023 12:49 PM
Quote:
Originally Posted by Steve Carlton (Post 11896714)
That doesn't sound very good. Do you have an EV rate plan with your utility? I had a Model 3 and when I made a calculation it was about 20 cents on the dollar vs a gas car at 30mpg. The convenience of charging in the garage is really nice.
I do, but it’s a bit of a mixed bag so it’s not really possible to calculate what the effect is. Need to actually try it and see. (Which I’ll probably do soon).
54 miles also isn’t a lot to calculate on, I’m recording and will try again at the end of the month with more data.
It’s still a savings, though. My plain Jane 3 series BMW averages 18 mpg. Probably less if it did the 54 miles of pure city driving the Tesla did. But not 20 cents on the dollar for me.

Ronald ruther 01-14-2023 12:52 PM
Quote:
Originally Posted by Sooner or later (Post 11895580)
https://electrek.co/2023/01/12/amid-demand-concerns-tesla-cuts-prices-by-up-to-13k-in-us/

Tesla has massively cut prices across new models in the US (update: and Europe), with the largest price drop occurring on the Model Y, which is now $13K and 20% cheaper than it was yesterday.

Among other things, this means that the base five-seat Model Y now qualifies for the $7,500 EV tax credit in the Inflation Reduction Act. The five-seat Model Y configuration was previously left out of qualifying since it’s considered a “car” rather than an “SUV” by government rules, which take into account a number of factors. This means that it needs an MSRP of under $55K to qualify, which base models now do.

So in addition to the $13,000 price drop, the base Model Y is another $7,500 cheaper for those who qualify for the full tax credit, meaning a Model Y ordered today could be more than $20K cheaper than one ordered yesterday – assuming delivery is taken before mid-March, when the tax credit is expected to be reduced to $3,750.

http://forums.pelicanparts.com/uploa...1673624379.jpg

Imagine you bought the Model Y recently. That’s a huge slap to the face

Sooner or later 01-14-2023 12:53 PM
Was that supercharger charging or home charger?

McLovin 01-14-2023 12:59 PM
Quote:
Originally Posted by Sooner or later (Post 11896725)
Was that supercharger charging or home charger?
100% home, set to charge only at lowest rate times.
I never use Superchargers (no need).

McLovin 01-14-2023 01:03 PM
One thing that also hurts me, I think quite a bit, is the car sits a lot (thus 54 miles in a little more than a week).
The car sucks some electricity just sitting there. There must be things constantly running (communicating with the mister ship? Etc). And also if you walk by it in the garage with your phone in pocket, I think it activates things, anticipating you’re going to drive it. I’m in my garage with my phone a lot.
Seems like it’s at least 1 mile per day, maybe 2. In my case, maybe more.

Noah930 01-14-2023 04:10 PM
Quote:
Originally Posted by McLovin (Post 11896716)
Fuel costs savings is a bit disingenuous, I agree.
But that’s just one of the calculation options (a silly one).
Not including a tax CREDIT in your definition of the purchase price isn’t “old fashioned.”
I don’t know what it is (bad at math? Disbeliever of reality? Someone who pays less than $7500 Fed income tax?), but it isn’t old fashioned :)
Because when I write the check for the car, it's $45K (plus $1800 delivery, plus the cost of the charger, plus tax/registration). That's what my bank account sees.

I don't see that $7500 rebate/discount/rebate until next Feb/Mar/Apr, when I file taxes.

Maybe it's just semantics, but $37.5K plus tax doesn't put that car in my garage. That's the way I see it.

stevej37 01-15-2023 08:01 AM
Interesting comparison of Tesla to Ford

https://news.yahoo.com/tesla-just-started-electric-car-180745010.html

Sooner or later 01-15-2023 08:24 AM
It is a balsy move. They report earnings on the 25th.


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