Im a day 1 reservation holder and got my LR RWD delivered June 2018, basically this is saying I paid top dollar for a vehicle that I am genuinely excited to own. Am I sour that I could have gotten a P3D for what I paid back in 2018?.....not at all. I wake up every day enjoying my car and dont spend time worrying what I would have or could have gotten if I waited a year. That mindset when it comes to technology is destructive. Ie. I could have saved 10% on this iPhoneX if I waited a year till the iPhone Xs comes out
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Latest Price Drop Discussion
- Thread starter Sutton 3P
- Start date
sperkin
Active Member
Before the 1st price drop, I used to wash my car once a week. Since then, I stopped washing it. Now with this price drop, I don’t even care where I park it. This car depreciated hard.
StealthP3D
Well-Known Member
The Tesla Model 3 has one of the best resale values of any car. That is a fact.
- It’s about the mission: The mission is complete. Transportation will now radically change with or without Tesla. It’s only a matter of time. The new mission if Tesla chooses to accept it is to not borrow billions of dollars every time it needs to keep the lights on.
- My iPad went on sale: Stop comparing a car price drop to a tablet or a TV price drop. Something you buy on Black Friday is in no way comparable to something you finance and spend 20% of your income on for 6 years.
- Tech prices go down: Cars get improvements but generally cost the same or more every year. Tesla’s price drops are not organic. They are artificial and funded by borrowing from investors and selling below cost.
- I saved on gas: Stop computing how much money you saved on gas over ownership as justification for a price drop. That does not play into the depreciation of a car.
- Stop whining: Every time you attack someone personally who is upset that their car is now $20k cheaper, you alienate them further from the Tesla community and make yourself look completely out of touch with reality.
- You should have known: (Yes) buyers knew Tesla wanted to release a $35k Model 3 with a basic cloth interior. (No) buyers had no clue that almost the exact car they bought for double the price would be sold at a loss as the $35k car thanks to the magic of partial premium interiors and disabled seat heaters.
- Cars depreciate: Stop comparing insane price drops to natural depreciation. Price drops accelerate depreciation and put buyers way underwater on their cars. It makes buyers look and feel foolish.
- You agreed to a price: On a car financed with interest over years, anyone who says “that was the price you agreed to,” a day after a $10k price drop, is either rich or doesn’t own a Tesla. There is an implied contract that goes with every big purchase, that you are being treated fairly and that your purchase will not lose 20% of its value overnight.
- Robotaxi’s are coming: No matter how far along the tech is, it will take years for people to accept and approve self-driving. In the meantime, why not raise prices a little and stop borrowing billions of dollars. It is okay to become successful in stages.
- All dealerships do this: Please stop parroting how all dealerships change prices but we don’t see it. The bottom line is that Elon is standing on the backs of his biggest fans and most loyal employees to try and usher in the mission. Wild price swings, unfulfilled promises, lost jobs, and lost equity in cars felt month after month on every payment means people fall out of love with Tesla. The long term consequences are unknown because no other company would treat its loyal customers this way.
jebinc
Well-Known Member
You need to expand that statement for it to be accurate... Let me help.... "At least with Tesla, everyone pays the same price at the exact same point in time, good or bad." It is not accurate without that addition.
My car value has dropped in half. I still take care of it. The longer it looks and runs good, the longer I can hold out on buying my next Tesla. And the longer I can hold out, the better Tesla I can get for less money.
You need to expand that statement for it to be accurate... Let me help.... "At least with Tesla, everyone pays the same price at the exact same point in time, good or bad." It is not accurate without that addition.
and with every other car dealer?
No one pays the same price even at the same exact point in time. Love how we conveniently ignore this fact...
Look at it this way. Tesla is discounting the price on cars rather than spending it on advertising. If this adventure into marketing does not work, we may see prices increase with expensive adds and sports sponsorships. Personally, I'd rather have the cheaper sticker price than Tesla advertising.
Brentt
Member
Agree. Thirty days after I originally looked at the car, they were selling for sticker which would be a $10,000 depreciation, and that was in 1992!You need to expand that statement for it to be accurate... Let me help.... "At least with Tesla, everyone pays the same price at the exact same point in time, good or bad." It is not accurate without that addition.
jebinc
Well-Known Member
At a "Stealership," you can negotiate. I'm blessed with a good skill there and always end up on the far left of the "Average Prices Paid" Bell curve. Many others end up to the right (or even far right) of that. Example: My 2018 Subaru 3.6R Outback Limited (purchased new in Jan. 2018) was had for $4000 under Factory Invoice (not MSRP). So for me, I would be waaaaaaaay better off if Tesla's model was the same as every other Stealership. I understand why it's not, just saying, for me, it's not an improvement (in savings)…. For you, @Joshan, it might be a great improvement...
At a "Stealership," you can negotiate. I'm blessed with a good skill there and always end up on the far left of the "Average Prices Paid" Bell curve. Many others end up to the right (or even far right) of that. Example: My 2018 Subaru 3.6R Outback Limited (purchased new in Jan. 2018) was had for $4000 under Factory Invoice (not MSRP). So for me, I would be waaaaaaaay better off if Tesla's model was the same as every other Stealership. I understand why it's not, just saying, for me, it's not an improvement (in savings)….
Everyone thinks they are getting the "best deal" this is part of the mind games they are playing. Keep believing the lies... They have another piece of cheese waiting for you at the end of the maze.
MSRP is a fake scam number meant to hide the real price and make you "think" you got a good deal.
I hope you are being facetious here because if you are spending 20% of your income on a car, you are doing it wrong.
At a "Stealership," you can negotiate. I'm blessed with a good skill there and always end up on the far left of the "Average Prices Paid" Bell curve. Many others end up to the right (or even far right) of that. Example: My 2018 Subaru 3.6R Outback Limited (purchased new in Jan. 2018) was had for $4000 under Factory Invoice (not MSRP). So for me, I would be waaaaaaaay better off if Tesla's model was the same as every other Stealership. I understand why it's not, just saying, for me, it's not an improvement (in savings)…. For you, it might be a great improvement...
Oh.... the dealerships are still middlemen taking their cut. Perhaps just not “quite” as much from you.
Holy cow. It’s a car, not a retirement plan.
There is no reason to advertise when there is more demand than actual product. It would only hurt the company and paint them in a bad light. Until they can supply the extra demand that advertising would create, it would be a terrible decision.
jebinc
Well-Known Member
Agreed, of course it is! I'm just saying that you can get "Prices paid" data and see where you fell, at that point in time. I know I did better than most, but not all, and I'm happy with that relative position. With Telsa, I have no control - it just happens.
jebinc
Well-Known Member
What fool told you a car is an appreciating asset? Buying an expensive car is all about vanity. If you wanted to make a sound financial decision, you'd use public transit. Or, if you absolutely need a car, you'd buy the least expensive reliable used car you could find.
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