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Please evaluate my quote for a X100D

Discussion in 'Model X: Ordering, Production, Delivery' started by RVD98072, Oct 12, 2017 at 10:57 AM.

  1. RVD98072

    RVD98072 Member

    Joined:
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    Location:
    Seattle, WA
    I received what looks like a decent quote for a X100D from my OA.

    Price:

    Model X 100D - $102,500
    Pearl White - $1,500
    White Interior - $3,300
    Carbon Fiber Decor - $250
    Seven Seat Interior - $3,000
    Enhanced Autopilot - $5,000
    Premium Interior Package - $6,000
    Destination - $1,200

    Total - $122,750
    Showroom Adjustment - $10,988
    New Total - $111,762

    Odometer - 960 miles

    Lease payments for 12k miles/yr come out to $1,465 ($8,402 due at signing at 5.04% APR at $5,000 down)
    Loan payments over 7 years comes out to $1,528 ($15,000 due at signing at 1.49% APR at $15,000 down)

    Tax estimated at 7.75%

    A few questions:

    1) Why is the base price $102,500 for the X 100D? On the Tesla website it looks like it's $96,000
    2) I'm leaning towards leasing because:
    a) I have kids and in case they trash the white interior doesn't hold up as well as it should...
    b) In case there is much better technology available in 3 years
    c) In case I get bored and don't like the car (this happens to me in every other car but probably not this one)
    3) Is there anything else I should look out for?

    I am in Northern California.
     
  2. siucity

    siucity Button Pusher

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    Does it have 22" wheels? Although that still doesn't make it $102,500.
     
  3. RVD98072

    RVD98072 Member

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    It has 20" wheels.

    OA says that the price used to be $102,500 but is now $96,000 so the showroom adjustment is what's there to take care of that price difference. In that case, this discount is only around $4,500.

    OA also says that this way is better for leasing (price adjustment is better for leasing than lowering the price of the car) but not sure what he means by that.

    I already have a referral credit w/ free unlimited charging but I'm not sure if he took that into consideration.

    I am actually looking for this exact car except I'm hoping for a 75D instead of 100D and don't need the carbon fiber interior but everything else is exactly what I want (colors + options).
     
  4. Lukez

    Lukez Member

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    I think to calculate the leasing they use the showroom adjustment as a "down payment" in the calculator so it lowers the monthly payments by a lot because it basicially looks like you threw down 11k as a down payment. This is what I heard so you'd have to verify.
     
  5. RVD98072

    RVD98072 Member

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    When I price it online, I get $116,250 compared to $122,750 so with the discount it's still just $113,762 so slightly cheaper.
     
  6. RVD98072

    RVD98072 Member

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    sorry, their price is 111,762 so it's a savings of ~$4500
     
  7. drewg123

    drewg123 Member

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    They changed the packaging of things like Towing pkg, Premium Audio, Sub Zero, etc, a few months ago. I think it is possible that this car does not have something that a new build would have. You should probably join ev-cpo.com and see if you can find it, and decode the options that are present on the car. I'm not sure if you can decode a generic VIN which their search cannot find, though..
     
  8. RVD98072

    RVD98072 Member

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    I'll check. According to the OA, this car was built last month (Sept 2017). It includes stuff like 72 amp charger, smart air suspension, premium sounds, subzero weather that is itemized but included in pricing of other options, etc.
     
  9. RVD98072

    RVD98072 Member

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    btw, i don't see this car in ev-cpo.com.
     
  10. Troy

    Troy Active Member

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    #10 Troy, Oct 12, 2017 at 11:54 AM
    Last edited: Oct 12, 2017 at 12:00 PM
    This car most likely does not have AP2.5 hardware. Model S and X cars that have AP2.5 hardware had Automatic Emergency Breaking disabled for calibration. I think it is still disabled. That seems to be the best way to identify AP2.5. You could try to find out if this car has AP2.5 or AP2.0. I think AP2.5 was introduced in late July or early August.

    Tesla is downplaying the difference but my impression is that the difference is huge. AP2.5 has one additional graphics card, liquid cooled computers instead of air-cooled and some other things added for redundancy. Tesla actually calls it AP3 in the code of AP software but they are downplaying the difference.

    Here are relevant links:
    Tesla Turns Off AEB In New Cars Produced Since July
    Tesla adds ‘calibration period’ for vehicles with new ‘Autopilot 2.5 hardware’
     
    • Disagree x 3
  11. drewg123

    drewg123 Member

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    Darn. I wish there was a vin decoder for X that worked. If it wasn't for the color, this would be the exact car I'd get. I say go for it!
     
  12. MP3Mike

    MP3Mike Active Member

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    #12 MP3Mike, Oct 12, 2017 at 12:15 PM
    Last edited: Oct 12, 2017 at 12:26 PM
    Do we actually know any of those things for certain? I know the Model 3 is liquid cooled but I haven't seen anything to say that that change was put in the S/X.
     
  13. ecarfan

    ecarfan Well-Known Member

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    Please provide a reputable source for your assertion, I am interested in reading it.
     
    • Like x 1
  14. RVD98072

    RVD98072 Member

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    It looks like I have 2 options:

    1) Go with this car. I get a slight discount. Basically I'm getting a $115k car for $111k. Lease payments are $1600/mo.
    2) Custom build my own car. It will be a 75D instead of 100D and will probably save me ~$200/mo in lease payments.

    I'm probably going to go with option #2 because I don't actually need a car until the end of December / early Jan but getting this 100D will have it way too soon (probably at the end of this month). The 75D order will be in December or so. And I don't really need the extra range (at least I don't think I do).

    I figure that if the range, etc. ends up being too much of a problem, I'll return this car in 3 years at lease end and buy a 100D (or equivalent) then.
     
  15. mikevbf

    mikevbf Member

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    If you are ok with the 75D, it is more than 12k cheaper than your showroom discount.
     
  16. ecarfan

    ecarfan Well-Known Member

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    The part of your earlier post (#10) that I quoted in my post (#13).
     
  17. Troy

    Troy Active Member

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    @ecarfan, I know what you have quoted. I broke down the quoted section to 4 pieces. See the 4 bullet points in my previous message. What part of that quote are you referring to?
     
    • Disagree x 1
  18. RVD98072

    RVD98072 Member

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    That's correct for a loan/buy.

    However, the math that the OA is showing me on a lease is different because of the adjustment in price from the discount.

    Including 9.5% sales tax (ouch, i know), the 100D has a monthly payment of $1597 and the 75D has a monthly payment of $1528. Same tax rate, same 12k miles/yr, same money factor, same terms, etc. So it seems like a no brainer to me to go with the 100D.
     
  19. MP3Mike

    MP3Mike Active Member

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    I had a hard time deciding how to rate this post as a whole: Funny or Disagree.. I finally decided on Disagree...
     
    • Like x 1
  20. augkuo

    augkuo Member

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    #20 augkuo, Oct 12, 2017 at 2:42 PM
    Last edited: Oct 12, 2017 at 2:50 PM

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