Model Y should be $6500 cheaper in Canada

[TheRFMan]

MY SR is listed at $56290 which is a better spread for USD than the LR.
A better "deal" for Canadians getting the SR compared to LR if that's your preference.
Maybe they will drop the price of the LR.

I think the Canadian price of the SR Y was influenced by the Federal rebate program. Before delivery and fees, it's priced at $54,900, just under the maximum limit for the rebate. I'm almost certain that Tesla will introduce a crippled Model Y with 150km range at $44,999 like they did with the Model 3 to make the SR model eligible for the $5,000 rebate.

 

[McFlurri]

I think the Canadian price of the SR Y was influenced by the Federal rebate program. Before delivery and fees, it's priced at $54,900, just under the maximum limit for the rebate. I'm almost certain that Tesla will introduce a crippled Model Y with 150km range at $44,999 like they did with the Model 3 to make the SR model eligible for the $5,000 rebate.

I really hope Tesla does this. Like... really really hope..

 

[michaelnorbert]

I think the Canadian price of the SR Y was influenced by the Federal rebate program. Before delivery and fees, it's priced at $54,900, just under the maximum limit for the rebate. I'm almost certain that Tesla will introduce a crippled Model Y with 150km range at $44,999 like they did with the Model 3 to make the SR model eligible for the $5,000 rebate.

I didn't realize that the price included PDI, ac tax, etc. Yes, that makes sense. $20k cheaper will sell a lot of cars even with the reduced range.

 

[corlaandstan]

Current Canadian FSD price is based on old USA non-beta FSD price of $8000 because Beta is not yet initiated in Canada. The moment it is our FSD price will be > $13000.

My sister just gor a new TM3 with FSD. $10,600.00 + gst.

 

[McFlurri]

My sister just gor a new TM3 with FSD. $10,600.00 + gst.

That is the current price because FSD beta is not released in Canada yet.

Once it is, FSD will go above $13,000

 

[Threader]

That is the current price because FSD beta is not released in Canada yet.

Once it is, FSD will go above $13,000

Every year the then outrageous $6600 I paid for FSD in May 2019 seems a little less outrageous. The only thing I can fault FSD for since I knew then it was beta work in progress and it still is but that Tesla and the re-sale market don't value the feature. At the upcoming $13000 price you are really screwed buying into it and then trying to re-sell or trade-in you car. You need to be seriously married to your Tesla in the long run if you invest that kind of money in FSD. Once it is L4 or L5 autonomy then it will sell well to recoup initial FSD buy in.

 

[McFlurri]

Every year the then outrageous $6600 I paid for FSD in May 2019 seems a little less outrageous. The only thing I can fault FSD for since I knew then it was beta work in progress and it still is but that Tesla and the re-sale market don't value the feature. At the upcoming $13000 price you are really screwed buying into it and then trying to re-sell or trade-in you car. You need to be seriously married to your Tesla in the long run if you invest that kind of money in FSD. Once it is L4 or L5 autonomy then it will sell well to recoup initial FSD buy in.

Agreed. I'm glad i got the FSD upgrade when it was $2600.. i am a big fan of Tesla, but whenever someone asks me if they should get FSD i have to be honest with them. At over $10,000 (and soon over $13,000)... i can't justify it. I would not have purchased FSD at that price.

You clearly do not get much resale value for FSD. Just look at all the cars for sale on Tesla's website. They just throw in FSD on all their cars.

 

[Vawlkus]

I think the Canadian price of the SR Y was influenced by the Federal rebate program. Before delivery and fees, it's priced at $54,900, just under the maximum limit for the rebate. I'm almost certain that Tesla will introduce a crippled Model Y with 150km range at $44,999 like they did with the Model 3 to make the SR model eligible for the $5,000 rebate.

Where the Y is a seven seater, in theory they shouldn’t need to be below 45k like the 3 did.
As has been said in another thread, the “Pacifica” exemption should apply here, we just have to wait and see if govt approves its addition to the list.

 

[cdswm3]

Where the Y is a seven seater, in theory they shouldn’t need to be below 45k like the 3 did.
As has been said in another thread, the “Pacifica” exemption should apply here, we just have to wait and see if govt approves its addition to the list.

The base model would have to be a 7 seater for the "Pacifica rule" to apply.

"A vehicle with seven seats or greater, where the base model Manufacturer's Suggested Retail Price (MSRP) is less than $55,000;

• higher priced versions (trims) of these vehicles, up to a maximum Manufacturer's Suggested Retail Price (MSRP) of $60,000, will also be eligible for purchase incentives;"

 

[Blu-Ion]

I'm personally waiting on the sidelines until Tesla readjusts their pricing, i would recommend all to do the same and communicate this to Tesla

For example:
Ford Mach E Base- CAD MSRP $50,495, USD $42,895 (both excl freight and PDI)
Tesla Y RWD - CAD $54,900, USD $41,900 (both excl freight and PDI)

Based on this there is no reason why Tesla can't offer the base 7 seater for CAD$54,990 and take advantage of the $5k "Pacifica" rebate

Also there is no other auto manufacturer with such a discrepancy between USD/CAD
For example our current "other" car is a BMW X3

CAD$ MRSP $52,550 - USD $48,440 (for US Model Xdrive $45,000 add 19" wheel, leather heated steering wheel + heated seats, park distance sensors - not standard in base US spec model included in Canadian model as standard)

 

[Blu-Ion]

Or Toyota - take the RAV4 Prime SE
USD$38,100 - CAD$44,990

Or Hyundai Kona Electric Ultimate package
USD$45,600 vs CAD $53,149


... I could go on......

 

[Blu-Ion]

Edit: Looks like Tesla is using close 1.30 on base Model Y, but still around 1.37 for the dual motor version. That one need to come down to around $65k to be at least close to the exchange rate and in line with the rate used on Standard Range Y

 

[leafian]

Actually it should be (49,990+ 1200 destination fee x 1.3) about $66,500 for the dual motor in Canada.
So price should drop about $3500 from current price

 

[Blu-Ion]

I was comparing USD List vs Canadian (destination excluded) when I said price should be $65k
Furthermore Dollar has been much lower than 1.30 since late November so even 1.30 is not a great exchange rate but i'd be happy with that

 

[leafian]

Its more accurate to show the price with destination included as that is what is listed on the CDN web site.
The exchange rate is fine because right now it's 1.27. I don't expect Tesla to use that and lose money if it goes up.
They need to have a buffer

 

[TheRFMan]

And then you have weird aberrations like the BMW 330e RWD that is $44,950 CAD and $45,545USD.

 

[Vawlkus]

The base model would have to be a 7 seater for the "Pacifica rule" to apply.

"A vehicle with seven seats or greater, where the base model Manufacturer's Suggested Retail Price (MSRP) is less than $55,000;

• higher priced versions (trims) of these vehicles, up to a maximum Manufacturer's Suggested Retail Price (MSRP) of $60,000, will also be eligible for purchase incentives;"

By the letter of it, the Y would fit the bill for this.

Again, we have to wait and see if it gets govt approval.

 

[Blu-Ion]

Only if the 7-seater is under $55k

 

[Blu-Ion]

Its more accurate to show the price with destination included as that is what is listed on the CDN web site.
The exchange rate is fine because right now it's 1.27. I don't expect Tesla to use that and lose money if it goes up.
They need to have a buffer

Yes but the US site does not have destination included... just trying to compare apple and apples here

And no - they don't need a "buffer", I work in industrial distribution, we have a lot of US Dollar inventory (like billions$) we don't buffer, we hedge the risk

 

[TheRFMan]

And no - they don't need a "buffer", I work in industrial distribution, we have a lot of US Dollar inventory (like billions$) we don't buffer, we hedge the risk

This is probably because you are in a price-sensitive industry, and sales would go down if you didn't use the most competitive exchange possible.

Tesla quickly sells every last vehicle they can manufacture, they don't need to take any risk at all when they can just sell at a higher price. If they had to assume any forex risk, they would simply not sell in Canada; they could sell all the cars they make for North America solely in the USA if they wanted to.