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FRT vs delivery dates

Discussion in 'Hong Kong' started by DITB, Dec 15, 2012.

  1. DITB

    DITB Charged.hk co-founder

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    Unfortunately I have been unable to fork out for the Signature, but finally signed on to the standard model. I have reservation number 114 and I am looking forward in excitement to whether or not I will get my Tesla S before the FRT exemption expires.

    I suppose it is too early to know about it, but if anyone here has a clue to my chances, please spill your beans.

    Also, any insight to whether or not it is plausible that the FRT exemption will be extended beyond April 2014?

    Thank you,

    114 (HK)
     
  2. DITB

    DITB Charged.hk co-founder

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    67 views but the silence is deafening.

    Sure I can wait for the car, but what impact would FRT have on a non-signature S, with options like tech package, glass roof, largest battery, air suspension ... if you can get all these options anyway?

    I heard the S Signature Performance with all the popular options is likely to be just around 1M HKD with no FRT, but 2M HKD if FRT had to be paid. The difference for a non-Signature is hopefully less, as chances are it WILL incur FRT.

    ...
     
  3. montgom626

    montgom626 Active Member

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    What is FRT???
     
  4. sonywong

    sonywong Member

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    First Registration Tax in Hong Kong. I think the Hong Kong government will extend the exemption, otherwise, the 1000-plus charging parking space will remain occupied by ICE cars. If they don't extend the exemption, a Nissan Leaf will cost over hk$700,000 (us$89K) in Hong Kong. I think even less people will consider a EV.

     
  5. moarfish

    moarfish Member

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    I also think that they would extend the offer until there are too many EV on the road in Hong Kong.
     
  6. DITB

    DITB Charged.hk co-founder

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    Thank you for your replies :)

    It sounds reassuring and makes sense (not that everything in HK makes sense!)

    I hope I will get the possibility of buying a Tesla model S some time during 2014, whether before or after April - but WITHOUT FRT thanks ...
     
  7. sonywong

    sonywong Member

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    Now I am Signature #28 in HK (upgraded from standard #52), but if hk price is too high (say over $1 mil hkd for a non-performance Signature), I will cancel the Signature order and just get a 40 kwh one. if this is the case, sequence number will be at least 150 something.

     
  8. KingKitega

    KingKitega Member

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    #8 KingKitega, Dec 22, 2012
    Last edited: Dec 22, 2012
    Hi sonywong. When is your estimated delivery date? I noticed the site now says Winter 2013 for all Model S deliveries and if I try upgrade to a signature via My Tesla, delivery is early 2014.
     
  9. sonywong

    sonywong Member

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    Which site u saw that info? Tesla still haven't told reservation holders in hk about delivery schedule (they just say 2H 2013). but i think Signature should be available before regular version in all markets.
     
  10. markwj

    markwj Moderator, Asia Pacific

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    I too am concerned about the 0% FRT. Hybrids get a break, but not 0%.

    Latest I heard is that Signature deliveries in HK will start later 2013, so that brings non-signature deliveries (particularly 60kWh or 40kWh) perilously close to the deadline.

    That said, there is just no news, and I wouldn't expect any. Government is notoriously tight-lipped about budget matters. I think the decision will largely be made on how many EVs are on the road, and how 'politically beneficial' it is to continue to promote them.

    My concern is that Nissan is clearly abusing the FRT exemption - taking the money for themselves. Cases like that are not going to make the 0% FRT exemption for EVs popular. If Tesla stay true to their word, and don't hike the price, it will be the first EV manufacturer to do so here.
     
  11. KingKitega

    KingKitega Member

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    It previously said deliveries begin 2H 2013 so it sounds like a 6 month delay.

    https://www.teslamotors.com/en_HK/own#/model-s

    MODEL S
    Deliveries begin Winter 2013

    MODEL S SIGNATURE
    Deliveries begin Winter 2013



    If I try to upgrade my reservation to a sig it says:

    "Upgrade to Model S Signature and you’ll be one of the first to take delivery.

    Model S Signature begins delivery in early 2014."

    Quite conflicting information there...
     
  12. sonywong

    sonywong Member

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    Oh, when I upgraded my reservation, it didn't say that. You better call Tesla people in HK if you are considering an upgrade.

     

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