Guys I'm confused. I thought Elon said the price of the car wouldn't change with or without a tax credit. As far a I can see, anyone who listened to that got taken for a ride and had to pay extra taxes, insurance, registration. I bought a Mid range in Dec and since that time. It worth about 60 cents on the dollar. not only the price drops on the car. oh and it has 4500 miles. The 6 months of free supercharging value of $1,110 is bs. I used it like twice $80 bucks max. However mine was in the shop trying to get fixed. over 40 days while the car was dropping in price. Has anyone been dealing with this issue?
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Tax Credit for the customer or Tesla?
- Thread starter Ostopuck
- Start date
If you do a poll on the forum with the question. "Do you trust everything Elon Musk says/tweets?" You'll get your answers.
Tax Credit is for customer, but Tesla adjusted price in anticipation of lower demand due to lower tax credit. In fact, I expect another price drop at least on the higher trim models after June, probably around 1k or less.
Your car will always depreciate, (another Elon quote on appreciating asset only a fool would believe). Not just Tesla, but any other car you drive will depreciate. The difference here is Tesla's part availability has not been up to par compared to rest of the industry.
6 month free supercharging can be worth more than 1k, if you drive non stop from coast to coast. But yes for majority of us, it's not really worth it if other options are offered.
Pricing change happens, I bought a 2017 Hyundai Sonata for 18k (MSRP 30k) with all the discounts two months after someone I know paid 25k for.
If there's any silver lining for you, know that plenty of owners paid FSD for over a year, imagine how they feel.
Tax Credit is for customer, but Tesla adjusted price in anticipation of lower demand due to lower tax credit. In fact, I expect another price drop at least on the higher trim models after June, probably around 1k or less.
Your car will always depreciate, (another Elon quote on appreciating asset only a fool would believe). Not just Tesla, but any other car you drive will depreciate. The difference here is Tesla's part availability has not been up to par compared to rest of the industry.
6 month free supercharging can be worth more than 1k, if you drive non stop from coast to coast. But yes for majority of us, it's not really worth it if other options are offered.
Pricing change happens, I bought a 2017 Hyundai Sonata for 18k (MSRP 30k) with all the discounts two months after someone I know paid 25k for.
If there's any silver lining for you, know that plenty of owners paid FSD for over a year, imagine how they feel.
who cares, you paid what the price was at that time. Enjoy the car, driving this beast is a blast. Dont worry about the price. If you think you will buy a new car that doesnt depreciate, i need some of that stuff that you have been smoking.
204EV
Member
As for the price dropping. part of that could even be them trying to be fair. since the ramp is basically complete for the Model 3, the price hasn't adjusted much. I believe the higher initial price was them taking advantage of the gov't rebate in order to accelerate the ramp and not go broke.
davewill
Active Member
Reminds me of paying almost full list price for my preordered 2011 LEAF ( I did manage to get $1K off). A year later, the deals available were ridiculous. It's always costly being an early adopter...that's why I waited this time.
ElectricLee
Member
so true and the local Nissan dealers are having such a hard time getting rid of those 50+ 2019 Nissan Leafs that are sitting on the lots. They are offering $8,000 off MSRP and they are still not selling.... go figure.
ElectricLee
Member
Are we being played by a New User and Neg Post. Then to be NEVER seen again? I real user would see what are the replies and explain or chat more. But it seems that this user Posted and Dropped out. Smells like a troll.
likely, but I will bite. I also have a December MR. I love it. For 38500 (list-credit)I got a car that is way superior to most higher-priced cars. I got 260 range and no partial anything. I've put 6827 miles on it with not one reason to call service. .This car is awesome.
I really do care what I paid for it. If i waited two months I would of received a better product at a much lower price. Depreciate is one thing. having the company you just bought the car from drop the price by 20+% is not. not to talk about he FSD BS. why would AP and EAP be treated the same for upgrades?
Oh I'm real. I was a Day one. 9th in line at the Vegas location. I had many issues trying to get this car. Including Tesla cancelling my order the week I was going to get my LR AWD model this was in Nov if i remember correctly. later I decided to give them a 2nd chance and got the Mid Range. it was one of the biggest mistakes I made in my life. Once I received the car it had paint issues. They told me they could fix them. so 44 days in the shop (multi visits) its still not fixed. and when They took my car. They gave me a rental car. Ford focus was the worst one. Delivered it on E by the way. Remind you I spend 57k for a car and they give me a 20k car as a rental. on top of that, the paint still isn't right. Oh and the car valve is so low. So with down payment of over 17k plus 6 months of payments... And I would have to pay 1k to get rid of the car. Please point me to a report of how the Model 3 holds its value. I understand things loose value. I also understand people like to bring up a cell phone looses value or a TV. if a cell phone looses 20% its usually 200 bucks and a newer better one model came out. not one month later and nothing new is out. I used to be a die hard Tesla fan. now i am disappointed. Oh and Musk says there is nothing wrong with demand. Has anyone else been having issues with their service center?
JamesBrown
Member
It is funny to see OP complaining about his Model 3 depreciating 3-5k. There are people on here that paid 150K for a P100D, only to find out Elon is giving away free Luda and offering upwards of 40k in discounts on new models. Those 150k cars are worth 90k less than a year later.
To be fair, those cars were never really “worth” $150K in the first place.
JamesBrown
Member
To be fair, any item is worth exactly what people are willing to pay for it. If someone was willing to pay 150k for a car that could do 0-60 in 2.3 seconds, then yes they were absolutely worth it. Now the max configuration is closer to 130k.
Saying a model s was never really worth 150k in the first place, is just as stupid as saying your model 3 was never really worth the $45k you paid in the first place.
I don’t make purchasing decisions based on what other people are paying. Most people are financially clueless.
The argument people would like to have is you had $xxxxx to pay for the car so you still win. Its just a bad argument. if you are in a fast food restaurant and order your meal. and the person behind you ordered the same thing 1 sec later and the counter person said. oh we are now up to speed its now 20% cheaper. I don't think most people would put up with it. Tesla is just not dealing with the issues. 20k off of 150 is a 13% drop. not sure the time frame. Still a big deal. im talking about 40% over two months and 22k. either way a worst deal.
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