Oh I understand it. I had some of the same thoughts in this thread. I think it’s natural to want to get the best deal possible. The problem of course is you can just keep delaying forever with some worry or other.… I want a cheaper price.… better range…. A new battery chemistry…. A plusher ride…. Etc etc.
Anyway, my thinking was this: I was locked in at march prices, so 6k less than current. For me to get a deal worth canceling, I would need perhaps a 10k minimum drop in price within a few months? Because not only am I 6k lower than current, but there is the time cost of gas and maintenance on another car. It’s dumb to wait a year to save a few thousand on purchase price but pay that much on another vehicle. Fremont vehicles at least are the most mature ev production line cars in the planet. The quality appears to be better than ever, and personally I trust Tesla‘s quality (in an ev) way more than any other maker who have yet to go through that learning phase. They have made so many mistakes and made so many minor tweaks and improvements that it seems to me they actually have a pretty darn good product now.
Are model y prices going to plummet? I doubt it…. Not sure if you follow the worldwide production trends, but there are some serious signs that we are near peak oil production (for real this time lol) so imo gas prices are headed much higher. New incentives will keep ev prices high. I could see them dropping a bit should we enter recession, but not nearly enough to make cancelling make sense.
speaking of recession.… keep in mind that things are likely fcked only if interest rates keep marching up. And that happens only if inflation keeps rising. So even if we enter a slump, it could coincide with price support from inflation. So don’t think for a minute the idea that EVs are going to get cheaper if we start melting down due to inflation Is a lock. It’s not. It’s conceivable prices could rise even if production and demand stalled.
Anyway that was my thinking. i think it is a rational analysis, and implies now is a decent time to take delivery. The math changes a bit with todays +6k prices, and it’s a little psychologically unnerving to know you are paying top price, so I understand the questioning.
one other thing while I’m rambling... watch out for the fallacy of used car prices.…. I’ve seen a lot of threads here taking about prices plummeting. Sure, they have dropped from stupid levels, but teslas are not being given away anywhere. The wholesale second hand buy price may look low but that’s how it works in any normal car market. That is NOT the price you can purchase a used Tesla. You pay a big markup and then sales tax, etc. do the math and you’re right back up at a price in the ballpark of a new vehicle.… even with the “drop” (back to normal).
As for suspension, yes, my build has the newest suspension — it was one of the first 2023 YLR vins from Fremont. The ride feels great, and a massive difference from my wife’s 2019 model 3. like night and day. My other vehicle is a Highlander. Its suspension is softer than the y, but they aren’t far off.
Anyway, my thinking was this: I was locked in at march prices, so 6k less than current. For me to get a deal worth canceling, I would need perhaps a 10k minimum drop in price within a few months? Because not only am I 6k lower than current, but there is the time cost of gas and maintenance on another car. It’s dumb to wait a year to save a few thousand on purchase price but pay that much on another vehicle. Fremont vehicles at least are the most mature ev production line cars in the planet. The quality appears to be better than ever, and personally I trust Tesla‘s quality (in an ev) way more than any other maker who have yet to go through that learning phase. They have made so many mistakes and made so many minor tweaks and improvements that it seems to me they actually have a pretty darn good product now.
Are model y prices going to plummet? I doubt it…. Not sure if you follow the worldwide production trends, but there are some serious signs that we are near peak oil production (for real this time lol) so imo gas prices are headed much higher. New incentives will keep ev prices high. I could see them dropping a bit should we enter recession, but not nearly enough to make cancelling make sense.
speaking of recession.… keep in mind that things are likely fcked only if interest rates keep marching up. And that happens only if inflation keeps rising. So even if we enter a slump, it could coincide with price support from inflation. So don’t think for a minute the idea that EVs are going to get cheaper if we start melting down due to inflation Is a lock. It’s not. It’s conceivable prices could rise even if production and demand stalled.
Anyway that was my thinking. i think it is a rational analysis, and implies now is a decent time to take delivery. The math changes a bit with todays +6k prices, and it’s a little psychologically unnerving to know you are paying top price, so I understand the questioning.
one other thing while I’m rambling... watch out for the fallacy of used car prices.…. I’ve seen a lot of threads here taking about prices plummeting. Sure, they have dropped from stupid levels, but teslas are not being given away anywhere. The wholesale second hand buy price may look low but that’s how it works in any normal car market. That is NOT the price you can purchase a used Tesla. You pay a big markup and then sales tax, etc. do the math and you’re right back up at a price in the ballpark of a new vehicle.… even with the “drop” (back to normal).
As for suspension, yes, my build has the newest suspension — it was one of the first 2023 YLR vins from Fremont. The ride feels great, and a massive difference from my wife’s 2019 model 3. like night and day. My other vehicle is a Highlander. Its suspension is softer than the y, but they aren’t far off.
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