Discussion: Model 3 and Y price drop Jan 2023 / April 2023 / Oct 2023 and All other Pricing Speculation going forward

[adwani98@yahoo]

Hi
I purchased Model Y long range for $54990.00 and within a month, I do see a reduction of price to $49990.00 is there a way to request a price adjustment with Tesla after buying?

Please Advise

Thank you

Kumar

 

[pipestem]

Last one. This does make it tempting to spend the 7k to upgrade from used M3 to new MY (after tax credit). What will drop faster, the used value of my M3 or the new price of the MY ?

 

[ASN21]

 

[gx9901]

Nope. Just be glad you didn't buy and take delivery in January right before the $13k price reduction. This round of price cuts, while significant, is much less than the one they did in January.

This has been how Tesla pricing worked for years. You need to decide if you're comfortable jumping in at a certain time frame and not bothered by price changes afterwards.

 

[Happy Hippo]

Last one. This does make it tempting to spend the 7k to upgrade from used M3 to new MY (after tax credit). What will drop faster, the used value of my M3 or the new price of the MY ?

Honestly, I would wait for the refreshed model since Elon will be increasing and decreasing prices. I would wait if I was in the market.

 

[Midnightsun]

I suspect The current Model 3/Y will keep dropping until it becomes the $25,000 car Elon promised many years ago.

Elon has so many mega factories and another big one coming in Mexico that can pump out die cast cars like nobody else can at such a low cost. The others are already struggling to keep up will see some pretty tough times ahead for sure.

 

[Ostrichsak]

Every time you go into the grocery store, do you also request a refund for the items you bought the last time you were in? More importantly, do you offer to pay them the difference if you paid less for something that now costs more? Fair is fair, right?

 

[WyomingEV]

It's the chance you take with Tesla, purchased my MYP a year ago, ouch!

 

[rlzalusky]

Yea same here it's a $16K pain point for me when you include the tax rebate.

 

[Roy2001]

When Tesla increased price, they still deliver orders with original price. When Tesla reduce the price, they deliver orders and grant new price.

If they increase price, would you pay them for difference? Apparently no.

 

[Wattsisname]

why is Canada so much more expensive? couldn't someone buy a couple in the US and drive it over the border and sell to private party to make a quick 20-25k?

And the UK. However, even if we could drive across the pond, we have to covert from lefthookers.

 

[vickh]

I suspect The current Model 3/Y will keep dropping until it becomes the $25,000 car Elon promised many years ago.

Elon has so many mega factories and another big one coming in Mexico that can pump out die cast cars like nobody else can at such a low cost. The others are already struggling to keep up will see some pretty tough times ahead for sure.

He had promised and delivered on my 35K M 3 SR which was in the high $20s after tax credits.

I doubt that sticker price Y will get there though. It's in the high 30s now after credits but low 30s with state incentives for some

This reminds me a lot of the .com days. Make it up thru volume

 

[andaconda]

Some rattles?

many

 

[Randy S]

I've always heard the Model 3 is the new Corolla. Maybe now the new Prius.

The car is an account, an investment. You put money into it and expect some rate of return, in this case negative. You want to maximize your return (minimize your loss) just like you want to maximize your return on a postive investment. Any time you spend money it's an investment, Anything can be bought and sold.

Well, it’s a luxury brand. At good price point. Many sell overpriced ones with silly names. Names like triptronic or AMG, so on are luxury fluff names but worthless. Tesla made materials and others are not cheap but can be minimalistic. Good product name.

 

[Noflash]

Will they automatically adjust an order that has been placed already?

Yes

My "new" order agreement that I received today also was not different. However, when I went to the app my financing terms had changed to reflect the lower price and I had to confirm the changes. Same for the website - the order agreement has the old price but financing details shows the new price. I'm feeling optimistic, but I'm curious to see what others find out.

Same. Now I can't say no to PPF.

 

[pipestem]

Well, it’s a luxury brand. At good price point. Many sell overpriced ones with silly names. Names like triptronic or AMG, so on are luxury fluff names but worthless. Tesla made materials and others are not cheap but can be minimalistic. Good product name.

totally agree. good relative value. I do a lot of comparison shopping, its in my blood. I don't think anything else comes close. And even thought it is supposed to depreciate, I still treat it as part of the portfolio.

 

[GaryRR]

Hi,
I have a model Y order scheduled for delivery by May 2.
When I look at the order on Tesla.com now, the price has been reduced by $3K.

I was thinking I would have to cancel and reorder to get the $3K price cut, but not so.

Gary

 

[vickh]

Hi,
I have a model Y order scheduled for delivery by May 2.
When I look at the order on Tesla.com now, the price has been reduced by $3K.

I was thinking I would have to cancel and reorder to get the $3K price cut, but not so.

Gary

try that at another car company My only fear is further cuts or is this the floor?

 

[zoomer0056]

Hi
I purchased Model Y long range for $54990.00 and within a month, I do see a reduction of price to $49990.00 is there a way to request a price adjustment with Tesla after buying?

Please Advise

Thank you

Kumar

Well ... no. Tesla does not give $ back.

 

[nist]

I’m scheduled to take delivery this coming Sunday. Made the payment on Monday (if I had only taken my time!). Do I still get the 3k reduction given that I have not in fact gotten the car yet?