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Recent content by M3OZ

  1. M

    My Two Weeks Old Tesla Model 3 Depreciated by 10% Overnight

    I did not say I did not expect depreciation. I said I enquired about the resale value and was given very strong assurances that resale value within 12 months would be in the order of 90-95%. But when the Tesla did what it did, I lost at least another 10% overnight. My arguments are about...
  2. M

    My Two Weeks Old Tesla Model 3 Depreciated by 10% Overnight

    You don't know what I was planning to do with the car. I was planning to trade-in the car for Model Y when it becomes available in Australia that could be in the next 12 months as we need the bigger space as the family car. So, I made that clear to Tesla rep and therefore were inquiring about...
  3. M

    My Two Weeks Old Tesla Model 3 Depreciated by 10% Overnight

    And the price dropped within two weeks of buying that? The point is simple, had I known about the impending price drop and release of the new car, I would have waited. I was deliberately deprived of that information for them to move their current stock. Other car makers know this results in bad...
  4. M

    My Two Weeks Old Tesla Model 3 Depreciated by 10% Overnight

    Where did you use to get 'contact an executive team'? I don't seem to have that. I have never been able to get past my incompetent sales rep who seems to be no more useful than a recorded voice which keeps repeating, 'I am sorry sir, I understand but my programming does not allow to accommodate...
  5. M

    My Two Weeks Old Tesla Model 3 Depreciated by 10% Overnight

    Strong representations were made to me about the resale value of the car within 12 months. I have quoted some of the emails with sales rep where she is making representations about depreciation of Tesla within 12 months as low as 5.5%. Given that my car has depreciated at least 10% overnight in...
  6. M

    My Two Weeks Old Tesla Model 3 Depreciated by 10% Overnight

    This is a reversal argument. I understand the sarcasm here but legally in Australia a business cannot increase the price of a product they have sold (even if not delivered yet). There are consumer protections in place that you cannot take, then reverse the role of buyer and seller and see if the...
  7. M

    My Two Weeks Old Tesla Model 3 Depreciated by 10% Overnight

    A car is a significant asset and depreciation is absolutely a factor. Particularly, when the sales person kept banging on the fact that Teslas hold their value much more than other cars. Sent me a link to back up her claims on Tesla losing only 5.5% of the value and to win me over found local...
  8. M

    My Two Weeks Old Tesla Model 3 Depreciated by 10% Overnight

    Emerging technology is great. Rash decisions without properly taking the impact to customers into account and bad customer service is not.
  9. M

    My Two Weeks Old Tesla Model 3 Depreciated by 10% Overnight

    rather: It was very predictable that it is not going to make customers very pleased.
  10. M

    My Two Weeks Old Tesla Model 3 Depreciated by 10% Overnight

    That I can understand, I have bought a 2020 model not 2021. If I knew the new model is coming out in 3 weeks time, I would have probably waited but a new model coming out and a price drop of this size, no one would even hesitate to wait. It was very predictable that it is not going to make...
  11. M

    My Two Weeks Old Tesla Model 3 Depreciated by 10% Overnight

    Perhaps not by myself. But, if enough of us who are affected come together in AU we may be able to have our voice heard.
  12. M

    My Two Weeks Old Tesla Model 3 Depreciated by 10% Overnight

    Haha, I had posted on Tesla's own forums. Copy and paste referring to an earlier post!
  13. M

    My Two Weeks Old Tesla Model 3 Depreciated by 10% Overnight

    Tesla just dropped the price of M3 by $8000 in Australia. This is good news for motorists considering an EV in Australia and I am all for it. However, it short-changes the customers who recently bought a Tesla. My EV depreciated when I drove it out of the showroom (less than three weeks ago)...

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