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$35,000 Tesla Model 3 Available Now

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Re: $35,000 Tesla Model 3 Available Now

#171
post #4

Legit: https://www.theverge.com/2019/2/28/18245165/tesla-model-3-pr... New Prices Cheap Interior Standard Range (220mi) - $35k Partial Premium Interior Standard Range Plus (240mi) - $37k Premium Interiors Mid Range (264mi) - $40k Long Range (325mi) - $43k Dual Motor Long Range (310mi) - $47k Dual Motor Performance (310mi) - $58k

So presumably they are hoping many $35k buyers will be tempted by the $37k which presumably has a better margin for Tesla

I don't think anyone will actually buy $35k model. They made it so undesirable that it's almost laughable. Reminds me of 2004 Honda Accord DX model with $16995 with roll-up manual windows, plastic hub caps and manual tranny that hardly anyone bought.

Most will opt for $40k premium model. Though 37k is much better value, it's missing the core features that tickle fancy of Tesla buyers.

Standard Interior Includes:

    Manual seat and steering adjustment
    Cloth seats and base trim
    Basic audio
    Standard maps and navigation
    Center console with storage and 4 USB ports
Partial Premium Interior Includes:

    12-way power adjustable heated front seats
    Premium seat material and trim
    Upgraded audio – immersive sound
    Standard maps & navigation
    LED fog lamps
    Center console with storage, 4 USB ports and docking for 2 smartphones
Premium Interior Also Adds:

    rear heated seats
    Premium audio – 14 speakers, 1 subwoofer, 2 amps, and immersive sound
    Satellite-view maps with live traffic visualization and navigation
    In-car internet streaming music & media
    Internet browser
    Location-aware automatic garage door opener

Re: $35,000 Tesla Model 3 Available Now

#172

Earlier quoted context omitted.

“Courageous” If anyone has ever had to cancel a car sale you’ll realize how much of a hassle it truely is to “return a car” Your credit report will show a loan even after it’s been cancelled for weeks. I once cancelled financing for a car due to it not being as described. Started looking for a new car and found it. Got denied for a loan because my score showed a 60k loan with 0 payments made. It took almost 2 months…

This is very good advice to keep in mind, but it's not Tesla's fault if the credit reporting agencies are terrible.

It's not Tesla's "fault", but it's cutting corners in a bizarre way for the auto sales industry. I don't want to risk $35K+taxes/fees and get an Aldi shopping experience.

Re: $35,000 Tesla Model 3 Available Now

#173
post #25
post #3

So this is the big news?

Yes, it is. For Tesla it means, that they made up to their promise given when introducing the Model 3. Tesla has gotten a lot of critique after the Model 3 deliveries where much later than initially expected and the available versions much more expensive then the promised base price. Offering now a Model 3 for that base price should win them a lot of credibility back. For the consumer it means, that the cheapest Tesl…

Waiting times for the competition? What are you talking about?

I bought a Bolt EV off a dealer lot over a year ago, and the entire transaction took about 30 minutes. The car was $25,000 after incentives ($37K MSRP -> $35k Actual, 7.5k Fed Tax Credit, 2.5k State Credit). The Bolt can reliably go 240 miles on a charge, mine has had zero issues or service visits in 35k miles of driving. Also, it's made by GM which is a real car manufacturer, supported by thousands of dealerships and service centers across the country.

Re: $35,000 Tesla Model 3 Available Now

#174
post #94
post #9

Interesting to point out that the $35k is the full price, which goes down when additional discounts are applied. If you get the short range model with no options, it starts out at $35k, then goes down all the way to $24,950 after including the $3,750 Federal tax credit, $2,000 New York EV rebate (clearly it's geolocating by IP address here), and "$4,300 estimated 6 year gas savings". OK, so that last bit is BS, and i…

> after including the $2,750 Federal tax credit, Small typo: $3,750

Thanks, fixed.

Re: $35,000 Tesla Model 3 Available Now

#175

I wish they would hire the interior controls engineer that worked on the 8th gen. Mazda Protege. Simple, elegant, and ergonomic. That giant iPhone in the middle of the Tesla 3 puts a crick in my neck just from looking at the pictures.

I've driven a Model 3 on a couple of long drives. The screen is a complete non-issue and takes an hour or two to get used to if you've never driven a Tesla before.

It does make a few operations annoying but overall it works well and most people adapt pretty quickly.

Re: $35,000 Tesla Model 3 Available Now

#176

Earlier quoted context omitted.

“Courageous” If anyone has ever had to cancel a car sale you’ll realize how much of a hassle it truely is to “return a car” Your credit report will show a loan even after it’s been cancelled for weeks. I once cancelled financing for a car due to it not being as described. Started looking for a new car and found it. Got denied for a loan because my score showed a 60k loan with 0 payments made. It took almost 2 months…

This is very good advice to keep in mind, but it's not Tesla's fault if the credit reporting agencies are terrible.

I think they both deserve credit, in reality returning a 30 thousand dollar object is never going to be smooth.

The finance has already written you a check, they’ve already done all this leg work.

You’ve already driven it, if you’re purchasing it in earnest you might have already invested in charging infrastructure for your home, a whole laundry list of friction.

Then there’s what happens to the car you returned.

I wouldn’t want to be the guy stuck with a car that went through multiple 1000 mile “test drives” with Tesla’s reconditioning track record of delivering cars with toe nail clippings in the seat rails

(traditional dealers do have offers like this from time to time, but it’s exceedingly rare they’ll actually let you keep the car for more than a few hours, and most importantly they don’t require you to buy the car first, they’ll take a deposit or let you rent the car)

Re: $35,000 Tesla Model 3 Available Now

#177

Earlier quoted context omitted.

“Courageous” If anyone has ever had to cancel a car sale you’ll realize how much of a hassle it truely is to “return a car” Your credit report will show a loan even after it’s been cancelled for weeks. I once cancelled financing for a car due to it not being as described. Started looking for a new car and found it. Got denied for a loan because my score showed a 60k loan with 0 payments made. It took almost 2 months…

This is very good advice to keep in mind, but it's not Tesla's fault if the credit reporting agencies are terrible.

Does it matter to the victim who is at fault?

...also, there's a $1,200 delivery fee. Is this the new "restock fee"? it is conveniently left out of the marketing materials.

Re: $35,000 Tesla Model 3 Available Now

#178
post #9

Interesting to point out that the $35k is the full price, which goes down when additional discounts are applied. If you get the short range model with no options, it starts out at $35k, then goes down all the way to $24,950 after including the $3,750 Federal tax credit, $2,000 New York EV rebate (clearly it's geolocating by IP address here), and "$4,300 estimated 6 year gas savings". OK, so that last bit is BS, and i…

The gas savings is definitely shady. But including the federal tax credits and destination fee is fair I think. As far as I'm aware, no auto maker includes the destination/docs/handling fee in the MSRP. The Tesla fee amount is comparable to other automakers also (it's on the high side at $1,200; but it's not too different from Toyota's $930 and Honda's $920). Presuming your location due to geolocation is a bit too fa…

Also, non other automaker sells their cars for MSRP.

Re: $35,000 Tesla Model 3 Available Now

#179
post #139

Earlier quoted context omitted.

You just described a deduction. A credit is literally cash (assuming you have enough liability to cover it).

Certain tax credits apply even if you don't have enough liability. Like if you owe zero taxes for the year for some reason they will send you a check for the full credit amount. Not sure which category the EV one falls under though.

Yea your correct, theres refundable and non refundable tax credits, most are of the non refundable variety. It appears the ev tax credit is non refundable.

[1]: https://www.libertytax.com/tax-lounge/electric-car-and-vehic...

Re: $35,000 Tesla Model 3 Available Now

#180
In Canada, after tax, the most basic model with no options is almost $60,000 CAD. With all wheel drive, sport wheels, and no other options (no autopilot options at all) it is basically $78,000 CAD after tax. I can get a LOT of car for that price elsewhere. Yikes.
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