TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC
Start a Discussionhttps://teslamotorsclub.com/tmc/tags/

Bad time to buy?

Discussion in 'Model X' started by Jmuessig, Aug 27, 2017.

Tags:
  1. Jmuessig

    Jmuessig Member

    Joined:
    Mar 9, 2017
    Messages:
    43
    Location:
    St.Louis MO
    Is it a bad time to buy, that is the question? So I put a reservation for model X yesterday. This will be my second Tesla my first was the model S with AP1. The reason I chose the X this time it is that I'm hoping I can get away without having a truck and car. I know most everything there is to discuss as far as the pros and cons of buying right now, but I just can't get past worrying whether or not there's going to be a major change at the end of fourth-quarter? I'm tired of playing the waiting game and if I wait too long I won't be able to utilize my sales tax from my old Tesla Which will save me about $8000. I guess I'm just looking for some reassurance that I didn't make a mistake placing this order on Saturday. Thanks guys and gals.
     
  2. Magus

    Magus Member

    Joined:
    May 19, 2015
    Messages:
    173
    Location:
    Midwest
    I think it's a good choice. Don't know when the credit will start reducing, but it is in the near future. There was rumor of v2 of the falcon wing doors, but if true I doubt V2 would be must have over V1- most if not all of the kinks are worked out.
     
  3. number12

    number12 Active Member

    Joined:
    Aug 16, 2016
    Messages:
    1,424
    Location:
    Tesla
    Terrible time to buy. Some might say worst in recent history

    Wait till model 3 is in consumer hands. Or better yet wait till oct 15. Or even better wait till dec 2016 till EAP is activated.
     
    • Funny x 7
  4. number12

    number12 Active Member

    Joined:
    Aug 16, 2016
    Messages:
    1,424
    Location:
    Tesla
    We will see how much that tax credit means when tesla destroys your resale value with some crazy improvement.
     
  5. Magus

    Magus Member

    Joined:
    May 19, 2015
    Messages:
    173
    Location:
    Midwest
    There have been crazy improvements and resale value stable. I can't imagine anything that they could do to destroy resale value. There is a big difference in just two years and yet Tesla has the best resale values.
     
  6. Ormond

    Ormond Member

    Joined:
    Jul 10, 2016
    Messages:
    366
    Location:
    USA
    It just depends on your needs. Keep an eye on the Tesla news while your within your cancellation period. When do you want delivery? If something truly new comes out you can always walk away from your deposit.

    What did you order?
     
  7. Tmoody

    Tmoody Member

    Joined:
    Aug 6, 2014
    Messages:
    19
    Location:
    Franklin, TN
    I recently traded my '13 MS P85 on a fire sale MX P90DL. I did decide to lease this time around given the pretty hefty discount that was provided.
     
  8. Jmuessig

    Jmuessig Member

    Joined:
    Mar 9, 2017
    Messages:
    43
    Location:
    St.Louis MO
    They only give you 3 day to cancel your order or change it now, it used to be 7 days. The reasons I need to buy now is these 3 thing below

    1. I have a 8000 sale tax credit from the model s teals i sold that will go away in 2 more months
    2. I would be getting the 7500 fed tax credit because the model 3;s haven't killed that yet
    3. Saturday ( the day i oddered ) was the last day for .99% financing

    and i ordered a 75D, i dont have the money for the 100d
     
  9. ShockOnT

    ShockOnT ⚡️⚡️⚡️⚡️⚡️

    Joined:
    Jun 26, 2016
    Messages:
    1,437
    Location:
    Sydney
    With that much cash at stake I think you've done the right thing.
    Tesla's always improve so it's never really the perfect time to buy, so you might as well jump in when the finances make sense.
     
    • Like x 1
  10. boaterva

    boaterva Supporting Member

    Joined:
    Apr 2, 2016
    Messages:
    2,893
    Location:
    Northern Virginia, USA
    Who said Saturday was the end of 0.99% financing? I was told it was extended after September. It's always been to end of September for Alliant.

    Tesla Car Loans from Alliant
     
    • Informative x 1
  11. bryan04

    bryan04 Member

    Joined:
    Aug 17, 2017
    Messages:
    8
    Location:
    Kansas City, KS
    My OA also said Saturday was the last day for custom orders to lock in the .99 rate. I've seen other threads on here though where people have been told the promo would be extended but haven't gotten anything official.
     
  12. EV-lutioin

    EV-lutioin Active Member

    Joined:
    Apr 2, 2016
    Messages:
    1,166
    Location:
    California
    With Tesla's constant innovation, everyday is the best day to buy and the worst day to buy. Eventually, you just have to pull the trigger.
     
    • Like x 8
  13. DHG.

    DHG. Member

    Joined:
    Jan 11, 2017
    Messages:
    304
    Location:
    Burbank, CA
  14. Uncle Paul

    Uncle Paul Member

    Joined:
    Nov 1, 2013
    Messages:
    751
    Location:
    Canyon Lake,CA
    You will get the just released upgraded autopilot upgrade, rear seat improvements and the 1 second 0-60 improvement by ordering now. If anything gets released prior to your actual production date, you will probably get that too.

    With the constant improvement policy, nobody gets the guarantee to have items that are released after delivery. The car you get will be fantastic

    Maybe a good idea to just enjoy the car, and not constantly watching the forums to see what new stuff is being added (like that is going to happen :)
     
  15. LITNROD

    LITNROD New Member

    Joined:
    Aug 12, 2017
    Messages:
    2
    Location:
    Seattle
    Can you expand a little on that statement?

    I'm sitting on the fence wondering about that same question.

    With the introduction of the Model 3 at a low price point of app. $60,000 with all the new innovation, isn't that going to hammer the resale value of the X and S.
     
  16. Mickie

    Mickie Member

    Joined:
    Jun 23, 2016
    Messages:
    481
    Location:
    Chicago
    It's always a bad time to buy a Tesla if you're gonna be worried about missing the next thing. Just the way this animal rolls as I quickly found out.

    On the flip side of things, I'm quite happy I have an AP1 car given the countless awful threads on here regarding the more expensive AP2. Truly a disguised blessing.

    Don't get me started on the FSD gouge either.
     
  17. Krash

    Krash Uncorked

    Joined:
    Apr 18, 2017
    Messages:
    456
    Location:
    Intermountain US
    #17 Krash, Aug 27, 2017
    Last edited: Aug 27, 2017
    If you are looking for a 75, buy an inventory car with a BTX7 battery, like
    Model X 75D 5YJXCAE23HF059692 | Tesla or 055845 and 055856. You can think cameronr for spotting the new batteries.
     
  18. T3xrr

    T3xrr Member

    Joined:
    Jun 24, 2017
    Messages:
    110
    Location:
    San diego
    What kind of battery is that?
    Please explain
     
  19. Krash

    Krash Uncorked

    Joined:
    Apr 18, 2017
    Messages:
    456
    Location:
    Intermountain US
    A very new one. Maybe we'll know tomorrow.
     
  20. T3xrr

    T3xrr Member

    Joined:
    Jun 24, 2017
    Messages:
    110
    Location:
    San diego
    What's tomorrow?
     

Share This Page