Model Y should be $6500 cheaper in Canada

[cdswm3]

If the US adds the Credits back for Tesla, expect the prices to jump significantly. That may be why they have not adjusted the price.

 

[Threader]

wonder how much lower must the the US greenback gets a haircut before Tesla makes a move on lowering CAN prices?

 

[rainforest]

Im about to pull the trigger but don’t want to get robbed again like I did on my Model 3.

 

[cdswm3]

wonder how much lower must the the US greenback gets a haircut before Tesla makes a move on lowering CAN prices?

No need to change the price with demand as high as it is. I suspect some price changes when Texas goes online in volume and supply increases. Most likely next year at this time.

 

[rypalmer]

No need to change the price with demand as high as it is. I suspect some price changes when Texas goes online in volume and supply increases. Most likely next year at this time.

If this is the case, why not increase the price in the US as well?

 

[Vawlkus]

If this is the case, why not increase the price in the US as well?

Didn’t they just do that, put the prices up $500?

 

[angus[Y]oung]

If this is the case, why not increase the price in the US as well?

@rypalmer they could and have a little recently. On the other hand, they already have a healthy extra margin built in from sales in our market without doing anything or creating negative reactions to a price hike.

 

[Blu-Ion]

The problem will for current buyers will be a massive depreciation once the pricing re-adjusts.
Had similar problem with my LR RWD, I think the pricing was like $73k (with EAP) when I got mine, I can get a dual motor with AP for like $67k now

 

[MP3Mike]

Does anyone know if Tesla sells any regulatory credits within the US? That could be one factor in pricing that I didn't previously consider, given that it's almost certain that Tesla has nobody in Canada to sell regulatory credits to.

Tesla earns up to 4 ZEV credits per vehicle sold in a state participating in the CARB program. I think the credits cost $5k/each but sell for less than 50% of value. So Tesla could be selling up to ~$10k worth of ZEV credits per vehicle. (Assuming there is a demand for them.)

Last transfer I saw was 6,000 credits to Mazda.

 

[cdswm3]

The problem will for current buyers will be a massive depreciation once the pricing re-adjusts.
Had similar problem with my LR RWD, I think the pricing was like $73k (with EAP) when I got mine, I can get a dual motor with AP for like $67k now

But you also got a $13,000 Ontario rebate.

 

[rainforest]

Well, CAD spot rate is now at $1.22. Pretty soon we will be on par without any reduction in pricing.

 

[cdswm3]

Well, CAD spot rate is now at $1.22. Pretty soon we will be on par without any reduction in pricing.

With prices gong up in the US, That will just about be equal.

 

[Rossmoo]

Change My View.

US pricing at current exchange rates has Model Y at $63,500 CAD before tax vs the $69,900 CAD we're paying.

Tesla, if you're listening - you could provide Model Y owners in Canada a pseudo 5k rebate similar to M3 SR+ to boost MY sales next year without impacting your built in profit.

Why we should not by a Tesla in Canada were being ripped off. They say VAT IS THE REASON FOR THE DIFFERENCE but no way it is 25000

 

[cdswm3]

Well our dollar is falling again against the USD (Down to .80 again). That's why Tesla doesn't adjust prices very often.

 

[angus[Y]oung]

If this is the case, why not increase the price in the US as well?

@rypalmer they could and have a little recently. On the other hand, they already have a healthy extra margin built in from sales in our market without doing anything or creating negative reactions to a price hike.

So with last night's most recent (7th!) price update to the LR AWD MY in the US market, the car now starts at $52,999 (before options, delivery, taxes, incentives, etc.). At current public exchange rate of $1.23 buys you $1 USD, that brings the CAD equivalent of the latest USD pricing to $65,156.97. Compared to our market's $69,990 pricing (before options, delivery, taxes, incentives, etc.), that's a delta of $4,833.03 CAD or $3,932.23 USD between the markets.

If they keep jacking up the pricing in the USD, who knows--maybe we'll end up coming out ahead! LOL.

 

[leafian]

The Canadian price includes $1380 ($1390 in Ontario) for freight and PDI, so the delta with US price is even less

 

[jjgg]

The Canadian price includes $1380 ($1390 in Ontario) for freight and PDI, so the delta with US price is even less

I'm not surprised if Tesla has to spend some extra money on each car heading into Canada for certain government certification and/or putting labels in French, etc.

 

[angus[Y]oung]

Well, I was about to come here and ask if everyone noticed that the Model Y LR was reduced in price by $1,390 after having seen this article last night Tesla lowers price of Model Y in Canada, raises Model 3/Y prices in the US [Update], but I decided to look at the config page myself and was stunned to see it's still $69,990. I see now that the article has also been updated. That's disappointing! Maybe on the next round of US increases?

ACTUALLY, with the latest increase in US pricing last night to $53,990 USD for the base LR, based on current exchange, the equivalent in CAD is now $67,891.08. That means we're only paying a premium of $2,098.92 (let's call it 21-hundred bucks) CAD north of the border!

While it's not the way we wanted our pricing to be closer to the USD pricing, it is closer.....

 

[leafian]

Well, I was about to come here and ask if everyone noticed that the Model Y LR was reduced in price by $1,390 after having seen this article last night Tesla lowers price of Model Y in Canada, raises Model 3/Y prices in the US [Update], but I decided to look at the config page myself and was stunned to see it's still $69,990. I see now that the article has also been updated. That's disappointing! Maybe on the next round of US increases?

ACTUALLY, with the latest increase in US pricing last night to $53,990 USD for the base LR, based on current exchange, the equivalent in CAD is now $67,891.08. That means we're only paying a premium of $2,098.92 (let's call it 21-hundred bucks) CAD north of the border!

While it's not the way we wanted our pricing to be closer to the USD pricing, it is closer.....

If you're going to compare prices, you need to compare them both with or without destination charges.
$53,990 in the US does not include $1200 in destination charges.
$69,990 in Canada includes $1390 in destination charges.
Using your exchange rate with destination charges, the US price is $69,400 in CDN, which is almost the same price as here.

 

[angus[Y]oung]

If you're going to compare prices, you need to compare them both with or without destination charges.
$53,990 in the US does not include $1200 in destination charges.
$69,990 in Canada includes $1390 in destination charges.
Using your exchange rate with destination charges, the US price is $69,400 in CDN, which is almost the same price as here.

@leafian nice catch, I've never noticed the difference in how the destination fee is handled. They must be forced to include it in the base price in Canada and not in the US?