Radar and Hardware 4 Price Increase?

[davelv]

Will the Y and 3 MSRP increase when the new radar and the new Hardware 4 are installed?

 

[ucmndd]

Will the Y and 3 MSRP increase when the new radar and the new Hardware 4 are installed?

Doubtful but you’re asking a question that nobody could possibly have the answer for.

 

[davelv]

Well duh. But I am trying to get people to think. Is it smart to buy now with the price reductions. Will the price increase in a month. What will the new hardware do to pre-upgrade used values? etc etc.

 

[AndrewZ]

Were prices reduced when radar was removed? How about the USS removal?

Tesla Vision is supposed to do it all, I don’t know what this would matter to most people.

Why would radar and new camera hardware increase values of vehicles that don’t have the radar or new camera hardware? If anything, it might discourage people from buying the models lacking these things and that might be reason for Tesla to introduce new models with this equipment.

 

[ucmndd]

It would be historically unprecedented for such changes to come with a price increase. Doesn’t mean it’s not possible, but they haven’t in the past.

 

[AndrewZ]

Even if it does increase the price of new vehicles with this hardware, it doesn’t seem logical to believe it may increase prices of used vehicles without that hardware unless they come with a feee retrofit (like with FSD maybe in the case of Hardware 4).

I’d sooner believe people would shy away from buying the used cars lacking the new equipment, there’s a psychological law people refer to that might be applicable here but I can’t recall the name.

 

[davelv]

I don’t understand AndrewZ. No one suggested used prices will go up. In fact they should drop significantly. Thus why people buying now will probably regret it.

 

[tonyz1]

In case you're curious on pricing, I was reading some Wall Street equity research reports on Tesla to understand the impact here of the decision. One analyst from a big investment bank for the Model Y forecasted $49,500 by the end of 2023 and $43,000 by the end of 2025. Take it with a grain of salt, they've been wrong plenty but long trend is downward.

I probably should've read this report before I bought my Model Y in December in retrospect but then I didn't know I should have treated my car like a distressed penny stock.

 

[AndrewZ]

In case you're curious on pricing, I was reading some Wall Street equity research reports on Tesla to understand the impact here of the decision. One analyst from a big investment bank for the Model Y forecasted $49,500 by the end of 2023 and $43,000 by the end of 2025. Take it with a grain of salt, they've been wrong plenty but long trend is downward.

I probably should've read this report before I bought my Model Y in December in retrospect but then I didn't know I should have treated my car like a distressed penny stock.

I personally wouldn’t feel much regret over this type of stuff, you can try extrapolating where things are going but it’s still something of a guessing game and can turn on a dime. It doesn’t change the utility of the vehicle.

IMO more price cuts are likely coming but who really knows

 

[SageBrush]

It would be historically unprecedented for such changes to come with a price increase. Doesn’t mean it’s not possible, but they haven’t in the past.

I think this is right for the msrp, but if the hardware brought improved AP features/performance then the.AP software prices incrased.