2024 MY "Price Adjustment" Math

[davelv]

Anyone buying without at least a $3500 discount from today’s $2k lower MSRP is overpaying and shouldn’t complain when, not if, the larger discounts return. Clearing out 45,000 extra cars plus probably another 45,000 this quarter will take lower prices. Plus the Fed is not lowering interest rates any time soon so all auto sales are slowing. Welcome to the real world of auto sales where too much inventory always leads to huge incentives.

 

[showmetheway]

So true that's why I am waiting. Work too hard for $5K

 

[halfhumble]

Not to mention the sales tax impact too. Where I live it's just under 11%.
$5000 x 1.11% = $5,550.
(before the 2k drop today)

 

[acpd]

I'm definitely being patient here. Dropping price $2k less than a week after a $5k increase reeks of desperation to me. Drop back to where they were and I'm in. Anything below that is a bonus.

Everything they play games like this, our expectations should increase by $500 discount.

So expectations should be atleast $5.5k. Not $5k like it was a week ago.

 

[showmetheway]

At least in NJ there is no sales tax on EV's ,however, this year (July) I hear there will be a $250.00 EV fee, like a gas tax alternative and you have to pay 4 years upfront.

 

[texas_star_TM3]

LOL wow. On all trims too.
So their pre-announced price increase on April 1st lasted 18 days.

Model Y and Model 3 in AWD version are “identical” in price now (the few hundred $ doesn’t really count). lol.

 

[texas_star_TM3]

I'm definitely being patient here. Dropping price $2k less than a week after a $5k increase reeks of desperation to me. Drop back to where they were and I'm in. Anything below that is a bonus.

I don’t think they want to drop Model Y AWD pricing routinely below Model 3 AWD pricing? That’s gotta massively eat into margins…

 

[showmetheway]

NJ EV registration tax

'Pro-EV' New Jersey just OK'ed the US's highest dumb EV fee

New Jersey just signed a law approving a punitive new EV registration fee – and at $250, it's the highest in the country.

electrek.co

 

[OCR1]

I don’t think they want to drop Model Y AWD pricing routinely below Model 3 AWD pricing? That’s gotta massively eat into margins…

MY pricing has been better than M3 pricing for a while now. When I was shopping for end of quarter deals an MYP after tax credit was the same price as the RWD M3.