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Latest Price Drop Discussion
- Thread starter Sutton 3P
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I had a HUD in my 2012 Prius Plugin Advanced. All models should have that. The P3D is still a consumer road car. How many times do you need to do 0-60 before you conclude what the acceleration is. I'm pretty sure Amazon will sell you a G-force meter if you live at a track. But, again, it's a consumer road vehicle.
Agreed, but you have to think like a performance enthusiast. The Internet is filled with videos of owners testing their acceleration times. Furthermore, the M3P is a Performance Sedan EV with a Track Mode tune built in, which means it has been designed and tested to run on the track. The point is to try and create value in the M3P instead of just continuing to drop the price.
Kilotango74
Active Member
Are you kidding. This is a pissy I paid to much and Tesla screwed me thread. They let these fester as long as they can.Wow, where are the MODS when you need them?!
Knightshade
Well-Known Member
FUSC is free unlimited supercharging.... the earlier set of P3D- buyers (and P3D+ for that matter) got it, and then got the chance to trade it back into Tesla for a $5000 refund.... thus why most of them who took that and the full tax credit aren't anywhere near as behind on price versus a new P3D- today as they keep insisting they are, per the math I provided earlier.
I totally get it. I grew up in the Boss 309 Mustang and 60's 'Vette crowd and the mark of how enthusiastic you were was how much tire you left routinely on the road. And they were far less expensive then. The good news is we outgrew it though. For a P3D, it's 3.1 secs. I'm sure you've heard the saying, "do as I say, not as I do"? Yeah, and we didn't invent that saying either. It's all good. I went to a Tesla store opening yesterday and ran across two teenagers who were on their second P3D as they totaled the first one. It grieves me to say this but there is just something offensive about that. $75 large is a *sugar* load of money. That first P3D probably cost them $2,000 as their insurance company paid for the rest of it.
This is quite possibly the worst thing I’ve ever read here at TMC.
Model 3 is the wrong car for you. You seem like the sort of person who’d be much happier with a Bugatti.
That's a good point and and makes me feel slightly better. The buy back on FUSC was not well publicized, at least not from what I saw. I still have it. I guess had I taken advantage of that I would have less to lament. But your math assumes all these things that could have been done to reduce cost. With that logic then you should add what the "+" option would have cost me at the time( since that is now free). So my 11500 Delta calculation would have been more like 16500 ( or more can't remember now). Anyway you look at it, Tesla has prematurely reduced the value of their top line model 3 version too aggressively. That cuts the legs out of my resale value ( not that I am selling) - and yes I understand all cars depreciate quickly. But this is forced depreciation from the manufacturer inside a 10 month window on top of normal depreciation. No bueno and IMO not smart for their premium version.
Yet, for all the hand wringing going on over “resale value” ..... I’m not seeing that as an issue.
Will it remain this way? Who knows. But if someone (obviously not you ritchieboyroy! I know you’re not selling and love the car ...) bought a Model 3 because they wanted a super high resale value, I suggest doing us all a favor... sell it right freakin’ now, get your resale dollars, and pass the car on to someone who’ll appreciate it for what it is.
This thread should obviously be mostly useful for people considering buying a new Tesla, especially performance options. And the consideration should be that the cost of ownership may end up considerably higher than one can predict and that it should be incorporated into decision making on buy vs lease and on Tesla vs other brands.
Yet I see majority of comments are from folks who want to distort the picture, suppress a productive discussion and stay in the "happy" echo chamber. It makes me feel sorry I took time to write a thoughtful response because it gets lost in the sea of mild throlling responses that make this excellent forum much less useful.
(Typed on a phone)
Yet I see majority of comments are from folks who want to distort the picture, suppress a productive discussion and stay in the "happy" echo chamber. It makes me feel sorry I took time to write a thoughtful response because it gets lost in the sea of mild throlling responses that make this excellent forum much less useful.
(Typed on a phone)
I hope you are right for the sake of the brand. But I am sort of doubting any of these used cars are getting bought at that price. They did before. In your example they are showing that car for $55900, but you could configure brand new for same price. This is exactly my point. I bet that car doesn't sell. I bet those type adds drop asking price into 40's very soon.
I get how you feel. The day after I bought my M3 the price dropped $2000. ($1000 for the base model price, $1000 because my paint became a standard option.) When I found this out, I was wracked by cognitive dissonance. On the one hand, I felt a little cheated. But on the other hand, I recognize that Tesla is a cutting edge, vertically-integrated, fast-moving company that operates in a hard capitalist framework to achieve astonishing goals; to do so it needs to react to every factor efficiently. So my feeling of loss is offset by the knowledge that in some way I am benefitting because the company will be taking my money and developing the car I own and upgrading it whilst I own it.
Then I went in and mentioned it to the guy in the showroom and he gave me a check for $2000.
Now that's awesome customer care. I get to keep my feel-good new car owner winning sensation. I wonder how many people who bought their cars this week did not find out about this.
I chose that one because someone already hit the “buy” button on it. Here’s a couple more already sold from eBay Motors ..... I honestly don’t think this is as big a deal in the broader market as it’s made out to be.
Knightshade
Well-Known Member
but it's not free.
Now that the P3D- is back it is, once again, $5000 more for the + option compared to it.
So the math remains the same as what I listed you "overpaid" by a little over $300 compared to almost a year ago.
Hardly worth the nashing of teeth and hand wringing going on- especially when you doubtless saved more than that not buying gas in that time.
There's certainly some folks who've fallen between the cracks of price changes and saw real thousands-of-dollars even after all the math is done changes, but they're pretty few and far between (and mostly just the small #of US P owners who bought after the last increase but 8 or more days before the latest drop)
I hate to say I told you so, but that was one of my first predictions...that the Performance model especially, but Model 3s in general would be big on the Used Car circuit w/i a year. It's a pricey car and many people who can't afford the 'mortgage' on it will realize that and sell it. And before I get any blow-back, I realize that and $2.00 will get me a cup of lousy coffee. I do find it annoying Tesla is playing with the price but I bought mine with the intent I'd hang onto it for 10+ yrs so it's daily price is irrelevant.
Leafdriver333
Somewhat Active Member
In ten years what will you do with it? What do you think the value will be?
Effective range?
Battery warranty is for 75% after 8 years.
In ten years if the battery degrades to 75% it will give me 180 miles which is more like 130 miles because I won't be driving below 20% battery. It will be only a commuter car.
I doubt I will get a new battery for it for $5000.(?)
Nah, no blowback at all.... but I’d disagree with the notion that it’s “big” on the used circuit. Popular, yes. In demand, absolutely. Massive supply of them? Hardly. In fact, I see very few - relatively speaking, of course - on the market.
For comparison sake ... my previous vehicle was a Cadillac XT5. Caddy sells ~60k of them per year. Top seller for Cadillac. Been on the market since 2016. Cumulative sales, about 160k thru 2018.
We know Tesla has sold over 250,000 Model 3’s since inception. So there’s more of them out there than XT5’s.
Now, go to (carvana, Carmax, etc) and see how many used XT5’s you find vis-a-vie Model 3’s.
It’s anecdotal, but I’d say nobody’s dumping their 3.
Leafdriver333
Somewhat Active Member
No body can dump because the resale value keeps going lower and lower. LolNah, no blowback at all.... but I’d disagree with the notion that it’s “big” on the used circuit. Popular, yes. In demand, absolutely. Massive supply of them? Hardly. In fact, I see very few - relatively speaking, of course - on the market.
For comparison sake ... my previous vehicle was a Cadillac XT5. Caddy sells ~60k of them per year. Top seller for Cadillac. Been on the market since 2016. Cumulative sales, about 160k thru 2018.
We know Tesla has sold over 250,000 Model 3’s since inception. So there’s more of them out there than XT5’s.
Now, go to (carvana, Carmax, etc) and see how many used XT5’s you find vis-a-vie Model 3’s.
It’s anecdotal, but I’d say nobody’s dumping their 3.
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That’s not what the data shows ..... the vehicles that are for sale, are selling at reasonable prices.
But don’t let data get in the way of a good rant. LOL
That's a really good question. I don't know is the best and shortest answer I can give you. If my battery degrades to 75% it will be at 232 which is close to SR+? I bet it'll be better than that as I'll be driving it MAYBE 4,000/yr. I didn't buy it as a rally car or commuting car or a travel the US car. I bought it as a future proof of my (our) own mobility and independence. What would a new complete battery cost then? It might well be worth replacing it. 10 yrs is a long time...well, once you get to a certain point in life.
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