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Why make a deposit now?

Are you ordering now or waiting?


  • Total voters
    74

Tampa911

Member
Nov 1, 2019
45
34
Tampa
Is there really a benefit to putting a deposit down right now vs ordering when they are in consistent production? What is the advantage? You might get a month or 2 sooner or more?

Thanks!
 

FutureSun

New Member
Nov 7, 2019
1
2
Albany, NY
I have the same dilemma, based on some M3 owners' negative experiences with pre-ordering in the past. Since I only want the seven-seater version (which will be released later than the 5-seat versions- website still says 2021, but I'm hoping winter 2020?), I am tempted to wait a bit longer before placing a pre-order. I would feel stronger about pre-ordering if there were clearer indications that either (a) the non-FSD price might rise or (b) that failing to pre-order would increase the wait by more than six months.

That said, I have done exhaustive research on other EV competitors, and I am about 100% certain that the Model Y w/ third row will be our next car (current ICE car is just fine w/ 55k miles, but I want to be done with ICE cars altogether!)
 

Jonathantuba

Member
Dec 2, 2017
151
162
UK, US and Europe!
I am considering replacing my 2016 model X90D with a model Y when out to get the latest technology and more range - but am unsure if will be big enough after the X. So am waiting until I can try a Y first. May go for a new X instead, but difficult to justify the extra cost if the Y will do the job.
 
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Tampa911

Member
Nov 1, 2019
45
34
Tampa
I have the same dilemma, based on some M3 owners' negative experiences with pre-ordering in the past. Since I only want the seven-seater version (which will be released later than the 5-seat versions- website still says 2021, but I'm hoping winter 2020?), I am tempted to wait a bit longer before placing a pre-order. I would feel stronger about pre-ordering if there were clearer indications that either (a) the non-FSD price might rise or (b) that failing to pre-order would increase the wait by more than six months.

That said, I have done exhaustive research on other EV competitors, and I am about 100% certain that the Model Y w/ third row will be our next car (current ICE car is just fine w/ 55k miles, but I want to be done with ICE cars altogether!)

I'm in the exact same boat, it's a tough call having zero information. 5 seat config will work for us.
 

Jonathantuba

Member
Dec 2, 2017
151
162
UK, US and Europe!
I am considering replacing my 2016 model X90D with a model Y when out to get the latest technology and more range - but am unsure if will be big enough after the X. So am waiting until I can get into a Y first. May go for a new X instead, but difficult to justify the extra cost if the Y will do the job.
 
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vickh

Active Member
Dec 16, 2018
3,078
473
az
It could be just to lock in the price
Or get in line
Or to support the company
Or to keep the wife who REALLY wants one, happy

For 3 it made sense, till they opened up the line to everyone.

In my case it's me wanting one (not the wife) but I'm also waiting for the SR w/ 7seats so can't order yet anyway. Are you sure it locks in the price?
 
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aronth5

Long Time Follower
May 8, 2010
2,675
1,408
Boston Suburb
I was an early Model 3 owner VIN 89XX and it was perfect so I'm less inclined to be concerned over an early Model Y.
However, since I'm going to trade my Model 3 in the sooner I can sell it the better price I'll get. May not be entirely rational but that is my thinking.
Also, being an early owner meant lots of interest in the car which was really fun. The same will go for the Y although not to the same extent.
 
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ewoodrick

Well-Known Member
Apr 13, 2018
5,285
3,722
Buford, GA
For 3 it made sense, till they opened up the line to everyone.

In my case it's me wanting one (not the wife) but I'm also waiting for the SR w/ 7seats so can't order yet anyway. Are you sure it locks in the price?


Three options, price goes up and original quote not honored
price goes up and quote honored
price goes down

Nothing is sure in life, but the options here aren't as good.
 

f2000sa

Member
Oct 23, 2019
100
59
usa
They are using the larger battery for new S and X. Not sure whether it will be expanded to Y. If so, it is reasonable to raise the price.
 

vickh

Active Member
Dec 16, 2018
3,078
473
az
Three options, price goes up and original quote not honored
price goes up and quote honored
price goes down

Nothing is sure in life, but the options here aren't as good.

fair enough. $100 would be good price for said option. I would do $2.5K if it would definitely lock in SR Y price @ $40+K.

Wonder when they'll allow SR orders?
 

CarlK

Active Member
Mar 23, 2013
1,919
1,235
SF Bay Area
Is there really a benefit to putting a deposit down right now vs ordering when they are in consistent production? What is the advantage? You might get a month or 2 sooner or more?

Thanks!


Why not? It will remove a lot of uncertainties others mentioned. It will not affect your final decision whatever that might be.
 

GenSao

Member
Aug 3, 2017
525
889
Pleasant Hill, CA
Three options, price goes up and original quote not honored
price goes up and quote honored
price goes down

Nothing is sure in life, but the options here aren't as good.

Agreed.

Other than a place in line (ideal primarily sorted by order date, not location and how vested one is with the company), a deposit now is a gamble on how Tesla treats pricing when deliveries actually happen. Ideally most advantageous to those that put in their reservation earlier.

I imagine a 4th option. Model Y base price matches equivalent Model 3 pricing at the time of production with $4,000 added. This would be in line with the $5,000 increase for a Model X for the equivalent Model S. Cost for options would be the same between trims.

Potentially early orders could be given a discount or "manufacturer rebate" on options based on when they ordered.
 

Loco_Nomad

Member
Apr 5, 2019
314
75
NorCal or Bishkek
I want one for my wife and I want to wait, knowing tesla how they update cars and introduce new features I might wait about 6-8 month into production to see if all the issues are resolved and who knows, maybe MCU3?
 

GenSao

Member
Aug 3, 2017
525
889
Pleasant Hill, CA
I want one for my wife and I want to wait, knowing tesla how they update cars and introduce new features I might wait about 6-8 month into production to see if all the issues are resolved and who knows, maybe MCU3?

As Tesla historically makes frequent changes, I expect the next hardware iteration as early as 2021, likely 2022 based .
Tesla Autopilot - Wikipedia

2014 - HW 1 based on MobilEye EyeQ3
2016 - HW 2.0 based on NVIDIA DRIVE PX 2 AI computing platform
2017 - HW 2.5, NVIDIA DRIVE PX 2 with redundancy
2019 - HW 3.0, with FSD with two Tesla-designed processors.
2021/2022 - Anticipated HW update
 
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Loco_Nomad

Member
Apr 5, 2019
314
75
NorCal or Bishkek
As Tesla historically makes frequent changes, I expect the next hardware iteration as early as 2021, likely 2022 based .
Tesla Autopilot - Wikipedia

2014 - HW 1 based on MobilEye EyeQ3
2016 - HW 2.0 based on NVIDIA DRIVE PX 2 AI computing platform
2017 - HW 2.5, NVIDIA DRIVE PX 2 with redundancy
2019 - HW 3.0, with FSD with two Tesla-designed processors.
2021/2022 - Anticipated HW update

that makes sense, I'm not going to wait till 2022 for sure :D thanks
 

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