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Since I can still get FSD for $10k, is FSD worth it assuming everyone actually gets into the beta in the next 12 months?
looking to keep the model Y for 5-6 years.
Would love some opinions on anyone who has Fsd, especially the beta.
FSD isn’t worth $1K in its current public iteration.Since I can still get FSD for $10k, is FSD worth it assuming everyone actually gets into the beta in the next 12 months?
looking to keep the model Y for 5-6 years.
Would love some opinions on anyone who has Fsd, especially the beta.
I'm going to have to disagree with you there. If you are planning on keeping the model y for 5-6 years, then purchasing it for $10k is WAY cheaper and makes more sense than the subscription.FSD isn’t worth $1K in its current public iteration.
And by the way, it now costs $12K, not 10.
Try the $199 subscription for a month and see if you like it more than the standard features.
Also, if you only plan on owning for 5-6 years, the subscription model makes WAY more sense and is cheaper.
5 years = 60 months X $199/month = $11,940. That’s a ~$2K premium that comes with a lot of benefits.I'm going to have to disagree with you there. If you are planning on keeping the model y for 5-6 years, then purchasing it for $10k is WAY cheaper and makes more sense than the subscription.
When you go to sell, you are going to get some value out of the FSD purchase. Lets say 50%, perhaps more if you are able to sell private party, less if to a dealer, but lets say average 50%.
Right now....thats 50% of $12K, so $6k. Meaning, your real "cost" of FSD is going to be $4k. ($10k-$6k).
In 5-6 years? FSD is going to cost....who knows what. $15k, $18k, $20k? Honestly, the sky is the limit. At $20k....you are now getting $10k of resale value, so the FSD purchase was free.
Alternatively, if you did a subscription, at best case scenario where the monthly subscription stays at $200/month, thats $12k for 5 years. However, I guarantee you that as FSD continues to increase in price, the monthly price will also rise. People were surprised that when it jumped from $10k to $12k that the monthly price stayed the same. When it goes to 13k, or 14k? I bet it goes to at least $225, maybe $250/month. I bet over a 5 year period, you are easily going to be paying $14k-$15k in subscription fees.
Anyway, your real break even period of FSD where you are getting it for $10k vs subscription is 20 months. Like I said before, if NO prices change, your real cost is $4k, so at $200/month, that is 4000/200 = 20 months. If the FSD price or subscription price increases in those 20 months, then the break even point gets even shorter.
Now, the risks with the FSD purchase. If you crash your car, or sell your car earlier than the 20 months, then the subscription would have been cheaper. Or, if you would have been the type of user to only pay for a subscription to FSD when you thought you needed it, so you are continually canceling/resubscribing so you are not paying for it continually, then my calculations are not valid. But, I think it would be a very rare person that frequently cancels/resubscribes. Its more a risk where...with the subscription you get to "try it out", and maybe you decide its not worth it, so you are only paying for 1-2 months and then canceling. THAT is now way cheaper than the $10k FSD purchase.
My actual opinion of FSD, is that its awesome............ONLY if you are in the beta. If you are not in the beta, then...its only a slight upgrade from normal autopilot. But, you should really think that its not a $10k purchase...its a $4k upgrade at worst because you do get resell value out of it.
I'm always blown away by the Beta FSD software, and anyone I let test drive it are blown away too. Yes, its like a teenager on a learners permit currently, but yes, it does keep getting better and more reliable, though slow, and its fun to see that progress. I use it 90% of my driving in town.
It sucks that they haven't added anyone into the beta since Christmas, but....that will change soon (probably). I'm guessing at some point they do it a completely open beta where they let anyone with FSD into it that wants it, and I'm guessing that is before the end of the year. Hopefully sooner.
As an example though.....I'm actually a monthly subscriber to FSD. Why? Because I know I'm switching cars often and I'm getting a truck (cybertruck, or rivian, or....? I have reservations for all of them) sometime next year, so getting it for my current Y didn't make sense.
Odd, my insurance Confirmed they Would replace the original OEM FSD if totaled.5 years = 60 months X $199/month = $11,940. That’s a ~$2K premium that comes with a lot of benefits.
That’s a whole lot better than dropping $10K on something you are unsure about.
Also, it reduces your liability if the vehicle ever gets in an accident and is totaled. Do you think insurance is going to give you $10K or $12K to re-purchase on your replacement vehicle? Spoiler; they will not.
It also frees up the cash to invest in whatever you want. And when you consider FSD offers a zero return and very little value, I would suggest one could do better throwing darts at a board picking stocks.
Unless you cheat.Just wanted to highlight what others have said, but perhaps not clearly enough. Buying the FSD does not guarantee you'll get to use beta at all. You have to pass the application driving test, which is fairly hard to do (well, maybe harder for some than others).
Only if ordered at time of deliveryOdd, my insurance Confirmed they Would replace the original OEM FSD if totaled.
I bought it on my original Model 3 and it was well worth it.
It was a lot harder to justify for the MYP I just bought as it was $10k... but I will say that I use it all the time.
I'm not as impressed by the minimum 2 car length requirement and the 80 MPH speed limit in the current iteration on the MYP I've got.
In stop and go traffic 2 car lengths causes a number of problems. Specifically, it causes issues with people cutting you off when they see large open space in front of you.
80 MPH is slightly low, given the 75 MPH speed limits have here... 90 MPH was perfect on my Model 3 and would be here too.
If this is not fixed, then FSD is worth significantly less.