Ordered! MYP

[Gen3]

Does everyone here understand that the $2.5K is just for the privilege of ordering the car. It is NOT counted towards the price of the car, which you would have to pay in full up on delivery.

This is what the fine print says: "Your Pre-Order Payment covers the cost of these activities and other processing costs and is not a deposit for the Vehicle." (bold mine).

There is no way the “deposit” won’t be included as part of the payment. If the language suggests otherwise it’s a mistake.

 

[Trevor B]

In --- LR-AWD-Silver-blackint-AP -

FSD $5000? thought they lowered it Tesla has another $2500 free loan

Nobody is forcing you ...

 

[Neil2526]

Does everyone here understand that the $2.5K is just for the privilege of ordering the car. It is NOT counted towards the price of the car, which you would have to pay in full up on delivery.

This is what the fine print says: "Your Pre-Order Payment covers the cost of these activities and other processing costs and is not a deposit for the Vehicle." (bold mine).

Keep reading. You started that paragraph, go to the last two sentences and see what is says:

"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. This Pre-Order Payment and this Agreement are not made or entered into in anticipation of or pending any conditional sale contract."

 

[bFlat]

Keep reading. You started that paragraph, go to the last two sentences and see what is says:

"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. This Pre-Order Payment and this Agreement are not made or entered into in anticipation of or pending any conditional sale contract."

Very important distinction. If Tesla would classify this as a deposit, then they cannot recognize it as revenue in 2019, but only when the car is delivered in 2020. By saying this is a pre-order payment for other "activities and cost" then they can recognize the $2500 revenue now.

 

[TheGrimSweeper]

People need to read the full paragraph before making assumptions. Your 2500 will be deducted from final cost of the car.

 

[CDT]

Ordered one but may get a 3 instead.

• Model Y
• Long Range All-Wheel Drive
• Midnight Silver Metallic Paint
• 19’’ Sport Wheels
• All Black Premium Interior
• Five Seat Interior
• Autopilot
• Full Self-Driving Capability

 

[Bombero1394]

Ordered here too!! Couldn’t find a way to associate with my Tesla account though but I entered the same email, hopefully that’s enough!

Yeah, the second I pressed order I realized I wasn’t signed in to my account and freaked out. But it showed up immediately

 

[Bombero1394]

The way I see it, I locked in whatever price increases we’ll see later, plus the way I configured the PYD, a P3D was only 2 grand less in today’s pricing with all options. The P3D price will change Monday and I’m not ready to give up my S just yet.

 

[dnstommy]

Does everyone here understand that the $2.5K is just for the privilege of ordering the car. It is NOT counted towards the price of the car, which you would have to pay in full up on delivery.

This is what the fine print says: "Your Pre-Order Payment covers the cost of these activities and other processing costs and is not a deposit for the Vehicle." (bold mine).

They can't call it a deposit because then they can't record the money as income. When you buy the car fo real the 2500 is assigned the sale.

 

[MrMannnilow]

Why are you hoping for something else when the verbiage explicitly states that the $2500 is not a deposit for the vehicle?

Where's the rest of the text you left out? The next line says the pre order amount will be applied as a credit