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Latest Price Drop Discussion

Discussion in 'Model 3: Ordering, Production, Delivery' started by Sutton 3P, Jul 17, 2019.

  1. Matt L

    Matt L Active Member

    Joined:
    Jul 20, 2018
    Messages:
    1,050
    Location:
    OK USA
    So tired of this crying. Get over it and enjoy your car.
     
    • Love x 3
  2. MountainJedi

    MountainJedi Member

    Joined:
    May 15, 2019
    Messages:
    182
    Location:
    Colorado
    Not only do luxury cars fluctuate all the time, they even do it on the same day. If you want to say that the MSRP doesn't fluctuate, that's fair. But the fact is that the actual selling price varies, and varies greatly. You just don't see it because of the dealership structure.

    I'll give you an example. I purchased an E350 MB in 2013. I was offered in excess of $10K off the MSRP by a dealer. I thought about it and went to another dealer across town, on the same day. The second dealer wouldn't drop below $5K off MSRP. I went back to the first dealer and bought the car.

    The actual sales price of the car varies widely by area, dealer, and even sales person. But it's not printed in black and white on the website for everyone to see. I'm sure you paid more for a car in the past than someone who bought it a few days, weeks or months later, you just didn't know about.
     
    • Love x 3
    • Like x 2
  3. ngogas

    ngogas Active Member

    Joined:
    Sep 19, 2018
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    1,725
    Location:
    Utah
    Lol. Just like any other company trying to stimulate movement.
     
  4. AlanSubie4Life

    AlanSubie4Life Efficiency Obsessed Member

    Joined:
    Oct 22, 2018
    Messages:
    8,904
    Location:
    San Diego
    I’m not at all surprised to see a price drop and have mentioned it here. I think most people realized this would happen (it is very predictable!) and they have said so on this site. As mentioned above, this is going to happen again in January! Tesla has always dropped prices and will continue to drop prices as incentives go away. They are really trying to boost their Q3 average selling price it looks like.

    I paid $73200, $79622 after taxes and fees.

    After all rebates and $850 back from the electric company for having the EV:

    $68772

    With today's prices, I could get the same car for about:

    $55990, $60647 after taxes and fees.

    After accounting for rebates (wouldn't get the $850, it's gone forever):

    $56272

    Not apples to apples, exactly; not accounting for minor items, I also have auto lane change and NoA and maybe even Enhanced Summon at some point. And free unlimited super charging. And the newer car would have HW3, FWIW without FSD.

    In the end, taking these differences into account, looks like about a 10k difference. I didn't save any significant money on gas, since I already had an EV (which I still own so I can't count saving depreciation on that either), and I haven't added in the extra cost of 9 months of insurance and registration fees.

    And I was one of the "super-gifted" ones. Ha. Some people paid ~$5500 more!

    Would not be surprised if they also make FSD super cheap once they get it "working." They'll do what they need to to cash in on their investment in that. As it appears it will be implemented, as a level 2 system, it will be worth about $2-3k, so that's probably about what they will charge in a couple years. Wait for the sale! Remember to not listen to what Elon says...remember, he does not decide what FSD is worth or what it costs - you decide.

    It's the same for purchasing any car. Tesla doesn't get to decide how much you pay for the car. You do. If it's too expensive, you don't buy it!
     
    • Like x 1
  5. Wshowell

    Wshowell Member

    Joined:
    Jan 1, 2015
    Messages:
    497
    Location:
    Arroyo Grande Ca
    I feel the same way about Sony when 15 years ago I bought that $15,000 plasma 32” TV set that I can get from Walmart now for $199. I’m sooooo mad and feel so scammed just like you. Hate Sony and now Walmart too! Everyone should have to pay $15k for a TV set. I’m with ya’ buddy, let’s sue them classaction style!
     
    • Funny x 3
    • Love x 3
  6. Rockster

    Rockster Active Member

    Joined:
    Oct 22, 2013
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    3,007
    Location:
    McKinney, TX
    I guess you hate Apple, too. And every other seller of merchandise that gets cheaper over time.
     
  7. Deadpool_25

    Deadpool_25 Member

    Joined:
    Apr 6, 2016
    Messages:
    58
    Location:
    Phoenix
    Here's my perspective as a new buyer.

    I originally ordered the 3 back on that first day about three years ago when we were first standing in lines to submit a preorder. To make a long story short(er), I canceled the order and bought another vehicle for about $40k.

    A week ago, I decided I'd finally get my 3 so I built it online and placed my order for a dual motor performance version in pearl white. A few days later I was notified my delivery day would be July 17th (today). On July 15th, just eagerly awaiting my delivery, I saw posts about the price dropping. A little nervous if I could even get the new pricing, I checked my order page and the prices had already been adjusted down saving me $6,410 without me having to say a thing. Great feeling.

    Of course, the $40k car I mentioned earlier was traded in today for $18,600. That could potentially annoy someone a lot, but depreciation on that scale is to be absolutely expected on every mass-produced vehicle.

    I do understand being annoyed that the price of your selected build is lower now than when you bought it though. I suppose you could go trade it in at Tesla and buy a new one for the lower price. /shrug
     
  8. Mr X

    Mr X Future Martian

    Joined:
    Jan 18, 2013
    Messages:
    2,068
    Location:
    Simi Valley, CA
    Someone bookmark this thread and then bump it when Tesla lowers the price of their cars again come January 2020
     
    • Love x 1
  9. Luudcrs

    Luudcrs Member

    Joined:
    Dec 11, 2018
    Messages:
    285
    Location:
    SF Bay Area
    I don't see how this is different than all other manufacturers having sales, incentives, rebates and such...like this past 4th of July holiday. Of course the same car you bought 6 months ago will be lower now, goes for virtually any new car.

    Mind sharing which car this was? Curious as a 50%+ drop in 3 years is kinda steep.
     
    • Like x 1
  10. Deadpool_25

    Deadpool_25 Member

    Joined:
    Apr 6, 2016
    Messages:
    58
    Location:
    Phoenix
    Edge Sport.
     
  11. dmurphy

    dmurphy Woof.

    Joined:
    Dec 7, 2018
    Messages:
    3,319
    Location:
    New Jersey - Morris County
    OMG BUICK SCREWED ME!!11!!111 </SARCASM>

    A9071C08-6639-4947-9B01-649A0FC7F4B2.jpeg


    Welcome to buying a car. At least with Tesla, if you and I order the same car on the same day, we’d get the same price. With the other guys (like above) - we could be sitting in cubicles next to each other, in the same dealership, ordering the same vehicle, and have WILDLY different prices.

    So what are ya’ll getting upset about? Getting very, very tired of the self-entitled whining.
     
    • Love x 6
    • Like x 2
  12. juanmedina

    juanmedina Active Member

    Joined:
    Mar 31, 2016
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    SC
    A car is not an asset.
     
    • Like x 2
    • Disagree x 1
  13. jebinc

    jebinc M3 LR AWD w/FSD and white premium interior

    Joined:
    Jun 19, 2019
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    3,407
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    Seattle area
    But Elon recently tweeted our $50K +/- Model 3's will be worth $100k-$200k, once FSD is released... He could be right, especially if the current M3/FSD design never gets released or doesn't get regulatory approval (without LIDAR, or for other regulatory reasons)… :p:eek:
     
    • Funny x 4
  14. dk10438

    dk10438 Member

    Joined:
    Dec 23, 2016
    Messages:
    357
    Location:
    Ranch Palos Verdes
    Yes it is
    It’s a depreciating asset
     
    • Like x 3
  15. afadeev

    afadeev Member

    Joined:
    Feb 28, 2019
    Messages:
    691
    Location:
    NYC
    It's totally, like oh my god, as if you know, appreciating....
    ... if you subscribe to Elon/Trump twitter math...


    Dude, you just bought a car, not a "vision" or the "company".
    Enjoy the ride.

    Don't fret about company's somewhat loony CEO. He is a few deceptive tweets away from being removed from that position by SEC anyway.


    Elon has twited a lot of DUMB sh*t:

    elon musk dumb tweets - Google Search
     
    • Like x 1
    • Disagree x 1
  16. dblankenbaker

    dblankenbaker Member

    Joined:
    Feb 4, 2019
    Messages:
    101
    Location:
    Scottsdale, AZ
    Fixed it for you. ;)

    EVERYONE wants the latest iPhone, tech, etc... and then some bitch when it's cheaper during Black Friday sales two months later. :rolleyes:

    The rest of us see it as the price of having the latest tech before everyone else.
     
    • Like x 1
  17. woodisgood

    woodisgood It's walnut, beech

    Joined:
    Jul 26, 2018
    Messages:
    2,173
    Location:
    San Francisco
    It seems like I can practically get a P3D- today for what I paid for my LR RWD last year.

    Except we needed to put 28k miles on something and I’m really happy, thrilled, they were on a Model 3. You’ll almost always get something for cheaper the longer you wait, especially tech, but this assumes you’ll live another day.
     
    • Like x 6
  18. glide

    glide Active Member

    Joined:
    Jun 6, 2018
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    2,765
    Location:
    USA
    If you think it’s bad now, wait until year 3 of the depreciation curve.
     
    • Like x 1
    • Disagree x 1
    • Funny x 1
  19. jebinc

    jebinc M3 LR AWD w/FSD and white premium interior

    Joined:
    Jun 19, 2019
    Messages:
    3,407
    Location:
    Seattle area
    THAT was my point! Guess I should have spelled that out more in my post #53, that you are quoting... :confused:
     
    • Like x 1
  20. Finkleson

    Finkleson Member

    Joined:
    Apr 3, 2019
    Messages:
    22
    Location:
    California
    Here's what i see reading this post 2.jpg
     
    • Like x 1

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