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Australian business owners - will you pay more than A$58K ??

Discussion in 'Model 3' started by Nuclear Fusion, Apr 6, 2017.

  1. Nuclear Fusion

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    Vehicle depreciation limits in Australia are $57,581
    Will you spend more on your Model 3 than this, knowing you will have to pay fringe benefits tax on it?
    I will be getting the after sale autonomous features engaged - $16,200 - as at sale this cost would take it over depreciation limits.
     
  2. Burnt Toast

    Burnt Toast Member

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    It's going to cost more than $57k base in Australia mate. Right now, if you get the US base price and add import tariffs + GST it comes to pretty much exactly $57k... It depends what they hedged at, but I think they will try and bring it in just below LCT, so mid 60s by 2018.
     
  3. Nuclear Fusion

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    GST isn't included in depreciation costs - circa $5K
     
  4. houdini

    houdini Member

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    Agreed. You're living in fantasy land if you think the 3 will land sub $60K.
     
  5. AUSinator

    AUSinator Member

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    No import tariffs importing from the US. Price will be $48000aud + $5000 gst + $2000 import costs/ freight + About $3000 on roads which is $58000. It is well possible for the drive away price to be below $60000. It all depends on how much more tesla want to sell the car to Australians and how much dealer delivery if any they charge.
     
  6. Burnt Toast

    Burnt Toast Member

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    You aren't taking into account hedging. Best way is to compare Model S and X prices to US prices after you take away all the tax. Do an average, and you will have a multiplier which at least for now is an accurate summation of what the real cost could be.
     
  7. Nuclear Fusion

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    Sub $70K would still be fully depreciable, because the actual cost of the car would be under $58K
    You have circa $10K+ in taxes & charges that can be immediately claimed because they are not part of the car's actual cost
    ~ $6K GST
    ~ $2K to $4K delivery & insurance
    ~ $2K stamp duty
     
  8. AUSinator

    AUSinator Member

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    #8 AUSinator, Apr 7, 2017
    Last edited: Apr 7, 2017
    I did take hedging into account the $48000 is $500 more and all over costs I quoted are slightly more for example the gst is $4800+ dealer delivery if any and the import/freight/customs/compliance is less than $2000 really it's about $1500 per car. However I know Tesla will most likely sell the car $2000-$5000 more than the US. Like they do with the model s and x. lets all hope for the best and be positive. The cheaper the more options I will purchase and the more cars Tesla will sell. There is not that much benefit if they sell it at a much higher price than the US. In Aus we have no incentives in almost all states so they better be nice and fair to us Aussies.
     
  9. Burnt Toast

    Burnt Toast Member

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    Why don't you do the actual maths instead of guessing?
     
  10. houdini

    houdini Member

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    The Model 3 will start at $65,000. Then with AWD added we're talking $70,000. I'm hoping people aren't being falsely pulled in to thinking they will be able to buy this car for $35,000. It's not going to be $35K USD to $35 AUD.

    We know exactly where this car is pitched in the market and what it is competeing against. People better budget $65,000 for a base car which they will have to wait months after deliveries start to get. If you want to get an early delivery car you better budget $75,000. Then you're in with a chance to get you car in July 2018. IMHO.
     
  11. Burnt Toast

    Burnt Toast Member

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    No chance for July 2018. Maybe, just maybe they will start production of RHD in July 2018, but I'm betting that they wont start production of RHD till late 2018 at best, and then they will fill the HK and UK markets before others. I don't think you'll be in a Model 3 till mid 2019 at best in Australia.
     
  12. AUSinator

    AUSinator Member

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    Confident it will be cheaper you can pay the more expensive price at the pretend Tesla dealer.
     
  13. Nuclear Fusion

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    Model S60 costs US$68K & hence $A125K (Victoria)
    Base Model 3 is half the price of Model S (US$35K), so looking around $A63K
    But there is no luxury car tax, so can take another A$5K off that price to come in at A$58K (A$10K luxury car tax on Model S60)
    It would also fall under the luxury stamp duty rates in Victoria, meaning an extra A$1K saving
    So the recommended retail drive away price of the base Model 3 will be around A$57K to A$59K in Victoria (and around this price across Australia)
     
  14. AUSinator

    AUSinator Member

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    Actual maths does not matter buy the cents when you cannot come to the exact answer. As the axact answer depends on a Tesla employee decision and currency fluctuations in the future.
     
  15. Nuclear Fusion

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    Come to think of it, I should be able to get an upspec battery without paying FBT
    Musk said the Md3 should have greater range than the Chevy Bolt, so work on 400km
    Up spec will probably take it to 500km & come in at under US$43K (A$57K)
     
  16. Burnt Toast

    Burnt Toast Member

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    Aren't you taking off the US $7500 incentive on the US price? That throws off your calculations substantially.
     
  17. Nuclear Fusion

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    No, then the price would be US$60,500
     
  18. Nuclear Fusion

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    Also, the US$35K allows for a US$1K 'delivery & doc' fee, so actual cost is US$34K
     
  19. Burnt Toast

    Burnt Toast Member

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    I just think your figures are very rounded throughout and your final figure is not accurate. I do think they will get the base car under LCT, but just. Remember an S60 isn't really likely to drive out of Tesla under $150k with a couple of options thrown in, and shipping costs are a considerably smaller percentage of price on a $150k+ car. Who knows, you could be right, but I reckon the launch prices of a Base Model 3 50, will be $69k. You'll easily get it to $100k with options.
     
  20. AUSinator

    AUSinator Member

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