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$5K price drop?
- Thread starter SD Diver
- Start date
cruiserlarry
Gadgetologist
Prices have dropped over $20k since I got my 2017 S90D, and there are now more standard features, better computer, more power, etc....and I still don't regret my decision ever...Enjoy your new Tesla 
CapeOne
Active Member
When you factor in larger/better batteries with longer range, more and more optional equipment becoming standard, etc. new Model S prices have dropped significantly over the years. Go back just two years, a 2018 MS 100D with EAP/FSD and 335 miles range was around $105k. Now you can buy a new 2020 MS LR+ with EAP/FSD and 391 miles range for around $83k. Granted, that 2018 MS was eligible for $7,500 in federal tax credits that aren't available today. Also, I believe part of the recent $5k reduction was the elimination of free supercharging.
The $5k reduction is similar to a manufacturer putting a $5k (additional) rebate on a car and yes, it's unfortunate when that happens just weeks after buying but there's not much you can do about it. Buying used may reduce the impact some but drops in new car prices also affect used values.
Once you buy a new car, house or whatever it's generally best not to keep tracking prices as you're likely to come across a "better" deal, see a new rebate, etc. Instead ,simply enjoy your purchase.
The $5k reduction is similar to a manufacturer putting a $5k (additional) rebate on a car and yes, it's unfortunate when that happens just weeks after buying but there's not much you can do about it. Buying used may reduce the impact some but drops in new car prices also affect used values.
Once you buy a new car, house or whatever it's generally best not to keep tracking prices as you're likely to come across a "better" deal, see a new rebate, etc. Instead ,simply enjoy your purchase.
Are they still offering unlimited supercharging? It doesn't show up online when you design the car.
CapeOne
Active Member
That appears to be true for "existing inventory" but does it also apply to new orders? If you special order a new MS today, will it include free unlimited supercharging?
CapeOne
Active Member
I remember Apple received a lot of backlash when they slashed the price of the original iPhone just months after launch back in 2007. They ended up giving early buyers a $100 Apple credit.
This, however, is a bit different as rebates (which is essentially what the $5k reduction is) are adjusted on new cars pretty regularly.
This is a reality for any product you buy. Just accept it. It's not adult-level behavior to be all sad and upset. It's no different than crying because little johnny got more treats in his lunchbox than you.
Yes, Tesla could have 10-day price protection or something. Would be nice. But they don't. Who cares. Be mature.
Yes, Tesla could have 10-day price protection or something. Would be nice. But they don't. Who cares. Be mature.
This is a reality for any product you buy. Just accept it. It's not adult-level behavior to be all sad and upset. It's no different than crying because little johnny got more treats in his lunchbox than you.
Yes, Tesla could have 10-day price protection or something. Would be nice. But they don't. Who cares. Be mature.
Normally I'd agree, but you're dismissing the fact that when Tesla makes these moves, it impacts resale values as well. This isn't as severe as last year's drop on Performance and Ludicrous, at least, but people invest in cars with an assumption that they're going to depreciate at roughly a certain rate. When the future value of that car is uncertain because of Tesla's pricing whims and these kinds of surprise changes, it's more than just "He got a better deal than I did".
I need this depreciation curve to hold up until I trade mine in on a Plaid S
Fishy Fish
Member
I don't see this as evidence of a covid slump. That's all speculation in every news story about the price drop. Tesla has only said orders are at all time highs. I see it as discounting existing technology and it's inventory and parts supply before introducing S&X with updated batteries, faster charging, and interior come battery day, of which there seems to be growing speculation/anticipation. Updated S&X may also have slightly higher prices. Model 3 might have seen a slump in orders due to the Y being a more desirable crossover design which would explain the drop in price on the 3.
AMPd
Well-Known Member
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