Tesla reduced price by $2k for M3, $5k for S/X

[PNWLeccy]

Tesla just reduced M3 prices by $2k

SR+: $37,990
LR AWD: $46,990
M3P: $54,990

They've also reduced S/X prices by $5k

As a current owner looking to possible trade-in for Model Y it sucks but kind of expected this to happen and there are bigger economic trends at work right now anyways

 

[vickh]

bummer Hope they drop SR AP upgrade prices soon too or no reason to buy SR anymore.

 

[PNWLeccy]

bummer Hope they drop SR upgrade prices soon too or no reason to buy SR anymore.

Yea it will be interesting to see if SR drops to $33k or even gets dropped. who knows...

 

[ElectricIAC]

Tesla just reduced M3 prices by $2k

SR+: $37,990
LR AWD: $46,990
M3P: $54,990

They've also reduced S/X prices by $5k

As a current owner looking to possible trade-in for Model Y it sucks but kind of expected this to happen and there are bigger economic trends at work right now anyways

Still include AP? Could be part of the master plan.

 

[vickh]

Still include AP? Could be part of the master plan.

AP included, except for SR

 

[vickh]

Yea it will be interesting to see if SR drops to $33k or even gets dropped. who knows...

I think they won't drop the price. It's their loss leader.

 

[ElectricIAC]

I think they won't drop the price. It's their loss leader.

I'll check. Would be cool if it did indeed drop to 33K -- Would make me glad I didn't buy that SR in Mar.

 

[vickh]

I'll check. Would be cool if it did indeed drop to 33K -- Would make me glad I didn't buy that SR in Mar.

Keep us posted. So far the lowest price has been $35K (- $3.75K fed tax credits) so $33K would be close..

 

[ElectricIAC]

Keep us posted. So far the lowest price has been $35K (- $3.75K fed tax credits) so $33K would be close..

Inventory cars still based off old pricing.

 

[PNWLeccy]

Inventory cars still based off old pricing.

There's always a bit of a lag w/ inventory that sometimes temporarily makes them more expensive than buying new. Even happened w/ the base color change from black to Pearl white.

 

[ChrisLaw]

Figures. I just put in an order for a M3 LR on Saturday. I havent even been assigned a VIN yet. I dont suppose I could cancel this order and reorder under the new price? I know I’d lose the first $100 but still.

 

[PNWLeccy]

Figures. I just put in an order for a M3 LR on Saturday. I havent even been assigned a VIN yet. I dont suppose I could cancel this order and reorder under the new price? I know I’d lose the first $100 but still.

As long as you haven’t received your vehicle, you will get the new price. So whatever you owe will be reduced by $2k- no need to change your existing order. Congrats!

 

[ChrisLaw]

Oh gotcha! Very good news. Is that something I need to bring up with my advisor or will it be automatically adjusted?

 

[B5chung888]

Nothing in Canada yet.

 

[scooter62]

Oh gotcha! Very good news. Is that something I need to bring up with my advisor or will it be automatically adjusted?

I just ordered an M3 on Monday to avoid the FSD increase. Have an email into my advisor to see if that is the case that we would get the 2k decrease..

 

[Serpent]

*sugar* I was just about to negotiate a 2018 with EAP for $39,000 - wondering if I should negotiate or if I got a bad deal.

 

[ChrisLaw]

Yeah I just emailed mine as well. I can't imagine they won't accommodate. The price decrease taking effect literally the first business day after I placed my order over the holiday weekend, it's pretty bad PR if they don't budge.

 

[DBV1]

That is awesome! Good news!

 

[Serpent]

So, did Tesla just effectively lower the value of vehicles for people trying to sell them?

 

[Az_Rael]

So, did Tesla just effectively lower the value of vehicles for people trying to sell them?

Essentially yes, and this is quite common for them to do. They adjust prices frequently based on demand.