I’ll update my pricing model when I get the chance, but I reckon with these price drops even a fully loaded performance Model 3 will come under the LCT threshold, or be close to it. So your wish will be granted, indirectly.
Hmm, you can now get the standard range Model S for $135K in NSW.
Thats because they were trying to upsell everyone to a model s rather than wait.....the same staff who assured me as a ‘new customer’ that I can click a button on my model s and the car would put the garage door up, drive out to the street, and wait for me there to come out and jump in. They assured me this was absolutely currently available. It was early last year.Nearly every single sales staff in the Melbourne Chadstone and Richmond stores...
Fast DC charging is appealing to people coming from ICE vehicles, who are used to refuelling outside their homes and want the process to be quick.
Once I got my car I quickly realised I'd rather charge at home than at the supercharger 3 minutes away.
I'm sure I do more long distance driving than the average punter, and I find the existing superchargers plenty fast enough.
Basically what I'm saying is that I don't think fast DC charging is that big a deal, but then that's just me.
Faster is always better, I won't disagree with thatI too have gotten used to planning around the time taken for DC charging. I generally don't mind it, but I'm very conscious of what has happened in the US as more and more Teslas hit the road. It's all very well to anticipate having a decent lunch while the car takes a charge, but if you turn up and all bays are full then a 1 hour stop can easily turn into 2.
Faster charging gives you more options, such as being able to have a quick coffee or some junk food rather than an hour in a restaurant. More options are always better.
We only have to wait til tomorrow to find out what Supercharger V3 has in store. In general anything that can speed up the charging process is welcome in my book (whether it be 800V over 400V, or less tapering as the battery fills up). It's all about options and hopefully minimising the chance of unexpected delays.
I'm in the same boat as you (also Model S P85DL), but I look at it this way:I'm an early adopter having first bought a P85D Model S 4 years ago and later fitting it with Ludicrous for $$$.
To be fair, the price on non ‘P’ models has minimally dropped. Making a tesla go from 0-100 in 1.2 seconds less time is something that has minimal cost to tesla, so charging $100k (a lot of that is tax) more for it was never a good value proposition for owners. Indeed I’ve never understood why someone would pay that much for the thrill of showing off to a few friends for something that was clearly never going to depreciate well, as it was mostly tax.You guys seem awfuly calm about the butt reaming that Tesla has just handed existing owners again with this latest, and largest price drop. I'm an early adopter having first bought a P85D Model S 4 years ago and later fitting it with Ludicrous for $$$. I am currently running my 2nd (P100D Model S) and my 3rd Tesla (P100D Model X) as the family daily drivers. We have been totally Tesla EV's for 3 years now with no back up ICE vehicle for family duties.
My Model X P100D was ordered early and was in the 1st shipment to arrive. Every option ticked and it was $320k OTR in Victoria. Today the same car in as close to the same spec as you can now get is $213,259 OTR, A Price PLUNGE of $106,741. From my readings of the thread above I'm not sure you are across the point that Tesla have handed you an instant depreciation of (in my case) $106,741 before you experience the expected depreciation you get with any used vehicle. Lets not forget that Tesla has a habit of offering new "inventory vehicles" and near new "Demo vehicles" at huge discounts off new recommended retail prices. This practice will continue as Tesla needs to shift metal and get those production numbers up and the price point down to where more and more buyers can afford them.
I suspect my fully loaded 2 and a bit year old Model X P100D with 40,000km's probably now has a wholesale value of something in the order of $125,000 given the above price cutting plus normal vehicle depreciation. That's a loss of $195,000 in 2 years and 40,000km's.
I've owned a few very expensive exotic and luxury road cars in my time and this is the biggest depreciation tear up of any of them by far.
Now my Model S P100D was listed as $290k OTR brand new in Victoria when it was purchased circa 18 months ago. The current price of a new car optioned to as close as possible to the same Specification is $192,740 OTR in Victoria. An instant depreciation courtesy of Tesla of $97,260 before the expected depreciation of a used vehicle. Now fortunately I bought this one as a used demo; but it still cost some $30,000 more than the price now for a brand new vehicle. It now has about 20,000km's on it and I reckon it has a true wholeslae value of the same $125,000 of my Model X. So I am looking at a loss of $97,740 on the Model S in 18 months and 20,000km's.
So in just the two P100D's that I currently run the depreciation is a massive $292,740 on fully loaded cars that are between 18mths to 2 years old with average km's. Throw in the loss on my P85D which was largely the expected used car depreciation of circa $90,000 including the extra cost ludicrous conversion and the total Tesla fleet depreciation over 3 cars is $382,740. Remembering that the lions share of
that is directly due to price drops and massive price discounting on inventory and demo vehicles that destroy resale values for existing owners.
Now this situation isn't without precedent in other manufacturers; but they normally compensate existing owners in some fashion. For example, a few years back McLaren introduced the MP4-12C. After 18mths on the market they dropped the new car price by $100,000; but they compensated existing owners by offering them that price discount on trading the existing car in for a new McLaren. A pretty fair arrangement that keeps customers loyal and avoids reputational damage to the brand.
Tesla OTOH do absolutely nothing and I am very surprised how blasé you guys are about it.
I absolutely love the Tesla product and am a big believer; but I have a Model 3 on order which I will now be cancelling. I was also planning on buying the Roadster 2 when it eventually arrives. That won't be happening now either.
For those of you that heavily finance your cars, you are now heavily underwater as the residual finance value will almost certainly massively exceed the market value of your car. Something to consider perhaps?
Thats because they were trying to upsell everyone to a model s rather than wait.....the same staff who assured me as a ‘new customer’ that I can click a button on my model s and the car would put the garage door up, drive out to the street, and wait for me there to come out and jump in. They assured me this was absolutely currently available. It was early last year.
I'm in a similar boat.I'm in the same boat as you (also Model S P85DL), but I look at it this way:
I've had the absolute pleasure of driving an extraordinary vehicle for 4 years which I paid $200K for. The grin remains ear-to-ear every time I drive it.
A Model S P100DL was more than $300,000 last time I looked, making the "wife acceptance factor" for the trade-up an insurmountable hurdle.
Now that a brand new one is $170,000....soooo tempting.
As for the depreciation - we bought a computer on wheels. That $1,000 graphics card you bought 4 years ago - you're lucky if you get $50 for it now. Now THAT's depreciation.