PSA: Base M3LR price increases by $1K [03.10.2022]

[kwhguzzler]

Price increase only for M3LR (not M3RWD and M3P) this evening by $1K

Thank you war, economy, Covid, shortage, <insert favorite blame-buzzwords>

 

[boriszima]

yep, thats happening across most products these days. so for those that are on the line, place your order.

 

[sightman]

And another increase on March 14th. The LR 3 is now 3500 more than it was about a week ago. Wow.

 

[HeatproofGenie]

Helps with resale but tough for people who are on the fence of purchasing. Lot's of other competitors out now too and they qualify for Fed rebate, will be interesting to see what happens with prices going forward.

 

[GenSao]

The Model 3 LR (AWD) has returned to match it's peak pricing of $55K at Sep-Oct 2018. The P likely will not return to the 2018 intro price of $78K.

Chart shows trims available to order online in US. Trims are combined for simplicity. The chart and and others can be found here,

 

[robski]

The Model 3 LR (AWD) has returned to match it's peak pricing of $55K at Sep-Oct 2018.

A bit of a technicality, but there was actually still a federal tax incentive back then. So in reality this is the most expensive the LR has ever been!

 

[GenSao]

A bit of a technicality, but there was actually still a federal tax incentive back then. So in reality this is the most expensive the LR has ever been!

Indeed. Not everyone could qualify for the $7,500 federal tax credit back then, though most likely qualified.

There were also changes to build and features with a 2018 vs 2022 Model 3. I sometimes wish we had the new interior, updated windows, power trunk, and new 9V battery.

 

[raptor5244]

Back in 2019 when you could buy an SR+ for around $40k minus the tax credit is was pretty much a no brainer vs. buying something like a Camry, Accord, etc. but now you would have to some serious amount of driving to justify the price difference.

 

[ARTEMIS X]

I never thought of purchasing my '20 MX as an investment but it is going that way...

 

[raptor5244]

I never thought of purchasing my '20 MX as an investment but it is going that way...

Yeah, the whole market it up, the only way this will stop is if folks refuse to pay it but with the shortage of EVs on the market plenty of people with cash to burn Tesla could add another $10k to price tomorrow and sell every vehicle they produce.

 

[john5520]

Back in March 2020, my LR with FSD cost $56,990 (minus any taxes and fees). And about 2 months later, it dropped by 2k . Now it's $67,490.

 

[sightman]

Back in March 2020, my LR with FSD cost $56,990 (minus any taxes and fees). And about 2 months later, it dropped by 2k . Now it's $67,490.

Its crazy, I got a 2020 LR in Aug of 2020 for $46,990, in January of 2022 sold it for $50,500 and upgraded to a 2022. Got in just before all these price hikes.