These links don’t show msrp changes they show dealer price changes. A dealers price adjustment has zero effect on the manufacture recommended price and therfore wouldn’t hurt the used market. As I’ve said before tesla skirted the msrp laws by creating a direct to consumer sales. Government has yet to catchup or create laws with this type of sale because it’s never hurt the consumer. Now after this I’d expect them to go faster them with new regulations or lawsuits/fines if they violated any state or federal laws.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Upset that Tesla screwed customers who took delivery in the last few months
- Thread starter wishForEV
- Start date
- Status
canasion35
Active Member
I agree with some of your points here, honestly. But i can see why Tesla slashed prices. Their cars were priced out of the brackets for the incentive, what do you do? Slash the prices so that the 3 and Y qualify and still have that market share; sure you make a select window of folks mad, but you don't lose the business doing so.
One path is riskier for the business than the other and Tesla made the obvious choice. Sucks yes, but one can also see why.
Msrp is not retail pricing. Jesus you can google this and figure that out.
Attachments
ScoobyDoo82
Member
Operator64
Member
Actually that is what entitlement is, when you believe you have a RIGHT to do something but restrict the same right from others because they don’t agree with you.
There higher price wasn’t from inflation it was from being a new manufacturer and the prices decreases are from the batteries blowing up causing fires from bad manufacturing and lost reputation. There price drop is because of that. They didn’t raise prices since so people expect theirs to fall. But I’ll give this to you as an example. So there are a couple other manufactures that might hav reduced prices have making huge screwed up cars….
As for the msrp dropping that follows the laws fine and dealers are still required to inform you if you are being marketed up of you paying above that. Tesla never disclosed this and refuses so and deceiveing all of their buyers.
Yeah, prolly wouldn’t use the bolt as an example. When you start burning down people houses, have to tell your customers not to charge in their garages at night, and send out a software update that limits how much you can charge your battery demand is gonna take a hit.
Market forces at work. Market forces also driving Tesla's pricing, though obviously not the same ones.
Tesla screwed me big time.
I bought my Tesla for $70k and put a big down payment down (30%). I didn't get GAP because I thought I would be fine with such a big down payment, and believed my car couldn't depreciate more than 30% in a year.
Well, here we are. I checked my car's value today and it's a whopping $38k. It depreciated by $32,000! Now I am officially upside down on my loan and without GAP coverage!
I bought my Tesla for $70k and put a big down payment down (30%). I didn't get GAP because I thought I would be fine with such a big down payment, and believed my car couldn't depreciate more than 30% in a year.
Well, here we are. I checked my car's value today and it's a whopping $38k. It depreciated by $32,000! Now I am officially upside down on my loan and without GAP coverage!
32k loss is worse than my 20k. Elon musk killed his brand over night and will scare all future buyers away with such drastic decision making. It’s just starting to hit the new now.
Tesla owners feel 'duped' after company slashes prices | Fox Business
Many Tesla owners are voicing frustration after CEO Elon Musk announced significant price slashes to the massively popular electric cars.
www.foxbusiness.com
Operator64
Member
No mismanaged company at work. Just like Tesla, though obviously not the same issues.
That’s not market forces it’s the market’s reaction
Educate me..
I contacted my insurance and loan company and can no longer add GAP according to them.
Operator64
Member
did You sell the car today? Did you have a total loss accident? Then it HAS NOT lost a dime of value. The LOSS comes when it is soldor tell everyone your car loan identifies as a student loan and you can have debt forgiveness
What? I’m not talking about selling the car, I’m saying what happens if the car gets into an accident and totaled tomorrow? Without GAP I owe thousands to the loan company.
More reason to be careful…..
EXOTIC1
Member
Sorry disagree32k loss is worse than my 20k. Elon musk killed his brand over night and will scare all future buyers away with such drastic decision making. It’s just starting to hit the new now.
Tesla owners feel 'duped' after company slashes prices | Fox Business
Many Tesla owners are voicing frustration after CEO Elon Musk announced significant price slashes to the massively popular electric cars.
New pricing= demand will be off the charts
You can see it happening already
- Status
Similar threads
- Article
