What will happen to current owners once Tesla drops the price of new Y's?

[SizzFlair]

I paid $71K for my PMY back in Aug, but got $60K on my 2020 Y trade in, $8K more than I paid for it. So what are trade in values today?

40-45k for 2023 MYP with 1k miles. 67k msrp with 7.5k rebate. 20k+ depreciation in 2 weeks

 

[leoita]

40-45k for 2023 MYP with 1k miles. 67k msrp with 7.5k rebate. 20k+ depreciation in 2 weeks

Honestly, then why buy new if you can get 2023 for $20k less?

 

[SizzFlair]

Honestly, then why buy new if you can get 2023 for $20k less?

I don't think anyone's willing to sell at a 20k loss for a 2023. I just did a tesla trade in check for fun after the price drop.

 

[WyoDude]

I think the odds of it going Up in price are much higher then them ever going down. And it will Never go down to 50 so that is not going to be an issue.

 

[Undecided_2]

Increasing wages will also increase employment.

• workers have more disposable income
• therefore more money is spent on goods and services
• thus, businesses make more profit
• plus, we all get a tax cut due to the reduction in poverty assistance

I call it the "trickle-up theory"

Not in the U.K. the government has frozen tax bands for the next few years. Higher pay means more tax for the government and less for the worker. When you add in inflation the workers who pay the governments wages are being hit hard.

The government recently said that they want to help those with the cost of living. Right, you just made it even harder for the country by taxing us more because you can’t manage the money you take from the workers. They’re desperately trying to get those that have left the workforce but no one wants to come back as they’ll pay so much in taxes. What’s the point of giving all your hard earned cash to fiscally irresponsible people.

To your point: The depressing thing is that economists know that lowering taxes actually makes more revenue for the government as more workers enter employment.

 

[Undecided_2]

I went to the shop the other day. Normally the Pringles I buy are £1.60 and on offer for £1. Today they are £2 and on offer for £1.65. What happens when the prices goes back down to £1 on offer. Should I call up the shop and request my 65p back?

Silly to even suggest it. The price is the price based on the current materials cost and demand/supply.

Exactly!

 

[YNoVA]

Well well well...

Looks like my post from July aged well. RIP to all the 2022 buyers (including me).

 

[YNoVA]

I think the odds of it going Up in price are much higher then them ever going down. And it will Never go down to 50 so that is not going to be an issue.

Lmao

 

[sunwarriors]

Lmao

So many wrong comments/posts in this thread from 6 months ago (maybe 80%?). Good call. I think the thing that is very clear now for everyone is Tesla is not looking for exclusivity (I don't think it ever was with how many you see) and price cuts (and raises) can happen immediately/sharply.

If a Model 2 comes out maybe to compete with the Bolt/Leaf, more of an EV for the masses since there's still only so many people who can pay $40k - $70k for a car, that should move a lot more volume and keep the factories going.

This was posted earlier here about an Apple price cut:

Today in Apple history: $200 iPhone discount fuels fan backlash

On September 5, 2007, Apple ditched its 4GB first-gen iPhone and slashed the 8GB model's price by $200. The iPhone price cut angered many.

www.cultofmac.com