Model Y pre-order value. What do you get for $2,500?

[Schmidlack]

I'm new here and to the world of Tesla. I was just about to make a pre-order payment for a Model Y but it seems the $2,500 investment does not get deducted from the final sales price when you take delivery, but is just for an earlier place in line. Is this correct?

 

[Zaxxon]

I'm new here and to the world of Tesla. I was just about to make a pre-order payment for a Model Y but it seems the $2,500 investment does not get deducted from the final sales price when you take delivery, but is just for an earlier place in line. Is this correct?

No, that's not correct. It will be applied to the final price.

 

[Firewired]

I have gotten multiple Teslas over the years (we are on our 4th and 5th). They have always asked for they $2500 deposit when putting in the order unless your ordering a founder’s or signature edition. The $2500 deposit is always deducted from the end price.

 

[ewoodrick]

Deposit is part of the purchase price. It gets you a spot in line

 

[Ghanziang]

Isn't this different than the model 3? I thought the model 3, it only gave you a spot in line. Where the model Y, you are actually ordering your car. So maybe this is a bit more than a spot in line?

 

[Chopr147]

It gets you one of the first few thousand Model Y's out of the factory. You will be blessed with bugs, nags, and issues that will then be fixed for the rest of us. Thank you for your service

 

[gyozaman]

Not only is the $3200 Canadian deducted from the foverall price of the Y, it is fully refundable. Once you create an account and pay, you can login to your Tesla account and modify your car or request a refund.

 

[BerTX]

This is a new process, so nobody really knows the answer. They are answering with what has been done in the past and assuming that will carry over to this "order", rather than the "reservation" that have been done in the past for newly introduced vehicles.

I would be shocked and appalled if it is not deducted from the purchase price. It always has been in the past (in spite of what some said above -- they need to look carefully at their purchase agreement).

I suspect the "order" is just an accounting difference. Something to do with when they can count the money as income to perhaps show up at a different time for them in the process.

 

[Ghanziang]

I looked at the Pre-Order agreement, it is only about 2 pages long. I think the correct sentence about applying the amount to the purchase prices is this:
"When you take delivery of the Vehicle, we will provide a credit to the final pre-order price of your Vehicle equivalent to the amount of the Pre-Order Payment you paid."

So it appears that the price is locked in when you pre-order the car, but can change if you modify your order. And the pre-order payment (not a deposit) applies to the price of the vehicle. While the "locked in" part is my verbiage, I infer it from this on the Reservation Page:
"Please note that changes to your order could impact delivery timing, insurance and price."

 

[ModalYYJ]

Not only is the $3200 Canadian deducted from the foverall price of the Y, it is fully refundable. Once you create an account and pay, you can login to your Tesla account and modify your car or request a refund.

This