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Model S gets $3K price drop then a $2570 drop to $69420!
- Thread starter ModalYYJ
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- lucid air Model S Tesla Inc.
Model S wasn't worth $130k to begin with 4 or 5 years ago. Even a top spec Mercedes S class or BMW 7 series with all fancy features you can think of costs less than that.
Wait, I am confused. I sold my Audi A6 3.0T (supercharged) and bought a 2020 LR+ The Audi was a faster car than either the BMW 5 Series our Mercedes E. But, none of those cars come close to the 0-60 times of the LR+ (3.7 seconds). I am a month into ownership, a bit pissed about 2 price decreases since I took delivery, but it has exceed my expectations. An amazing driving experience.
If you choose the BMW M5 or Mercedes E class AMG, they are definitely in similar 0-60 mph as Model S. Yes, the M and AMG version costs more than Model S, but i think a car or driving experience are valued very differently among people. Some people value 0-60 mph the most, most value the tech, some value the luxury, some value the ride or driving feedback.
If you ask me, I still don't think Model S is a $70k level of luxury or craftmenship. I can't use 3.7 second 0-60 mph everyday, and i only need 0-60 in 5 second. So anything under 5 second performance is "useless" for me. I would gladly give up the 0-60 performance for more luxury and quality.
eyedrop
Member
Exactly. Instead of the two price cuts in quick succession, they could have “quietly” upgraded the NVH or craftsmanship. Rumor has it they are even putting double pane windows on Model 3!
But they could give a rats a** about the Model S. Not worth 65k.... and after years of us customers waiting for what’s next, they are turning it into some track monster, randomly. It’s like an identity crisis.
They offered $38.2k trade in with 41k miles. This is just a preliminary offer without pictures or any info about condition. Still deciding as I love the uncorked 75, but I really do need the range when I do road trips (1-2x per year).. so weighing the options but 70% leaning toward upgrade.
Yeah, not complaining. Already ordered before the 3k drop. All im saying is that the latest price drop seems to be US only.
f205v
Member
Yes, for sure! It is mandatory all over Europe (and many other contries around the world!) to always show to final consumer the "all-in" price, including every tax, duty, VAT, etc.etc.
The only thing you're buying in the S is the drivetrain and more room than the 3. Either it's worth the premium or it's not. I'm spoiled by the instant torque in an EV and that makes it hard to make a change.
I also bought the S for the looks. I think it’s sharp. Certainly gets quite a few compliments from people.
BioSci
Member
Just yesterday my 90-yr old mother in law invited one of her friends over to see my new red MS. The response from the friend was "That looks great - I'm gonna have to buy one of those."
jelloslug
Active Member
It's just another thing that Tesla does better over the German makes.
myoda
Member
One effect of the price drop on the Model S, is that it gives you a great negotiating tool when looking for a used Tesla. I'm watching to see if used long range car prices start to dip in the next week or so. Tesla have placed themselves in an odd position of having inventory cars that are more expensive than one that I could order and wait for.
TravelFree
Active Member
As a stock holder, I don't like the idea that Tesla lowered it price to do better than a fictitious car price that isn't even on the market yet. The Tesla MS is real and you can buy one and drive it away in 2 weeks. How long will you wait for a Lucid?
Better to just lower the price because of the company's lower costs. I can understand how a new Tesla buyer must feel if he just bought a few weeks ago with a long term car payment. I bought my MS in March but don't feel so bad because it's paid for with profits from the Tesla stock trading. Had I waited until now, the same configuration would be $10,000 less. I've had plenty of enjoyment but really glad it's not under 72 months financing.
Better to just lower the price because of the company's lower costs. I can understand how a new Tesla buyer must feel if he just bought a few weeks ago with a long term car payment. I bought my MS in March but don't feel so bad because it's paid for with profits from the Tesla stock trading. Had I waited until now, the same configuration would be $10,000 less. I've had plenty of enjoyment but really glad it's not under 72 months financing.
jelloslug
Active Member
Go check the actual sales prices of used S Class cars. The last 4 2016 S Classes I looked at had an average MSRP of around $120k and sold for and average of $37k. The 8 2016 Model S models had an average MSRP of around $100k and they sold for an average of $43k. None of the cars had branded titles.
I am a shareholder too, but I don't think he lowered price for Lucid. I think it is a coincidence and he has a different play in his playbook.
This guy doesn't care about naysayers or SEC, why would he care about a car that is not out in 2 years?
And I just noticed they took away the 4 year warranty on the used cars (but didn't adjust prices). Now its just an additional year of warranty.
CapeOne
Active Member
If it wasn't Lucid then who/what was Elon challenging or referring to in his price reduction tweet when he said, "The gauntlet has been thrown down!" ?
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