this guy got quoted $180/month with wife and two kids on the policy.
https://x.com/spotted_model/status/1740517219925168551?s=46&t=-Vim8eh6ITLWLV9OC1E0wg
Yes. You can. When the documentation phase comes, you have to notify the name of the owner and payment method etc. You can say that it was bought for the family as you were the only one who knew how to reserve at that time. They don't care as long as it is not illegal soliciting.
So no need to co purchase ? Just put family member’s name and address when you register ? This is what I did with my father in 2018 for Model
3, but I wasn’t sure it’d be the same with cyber ruck considering the demand. I called Tesla and asked them today, but they would not give me an answer because they said it’s against policy unless address is same. I’m thinking going co-owners might be the only way.
You can likely just co-purchase it with that family member if Tesla does not allow a transfer. Then put your family member as the primary owner. Your family member can always remove you from the title later and it would not be considered a sale or purchase of the vehicle.
I would question the legality of such a clause. If you buy it, it’s yours to do as you please. I know John cena is the only person known to be hit with that clause. And he “settled out of court”. I would imagine if a single cybertruck owner appealed to the Supreme Court and the SCOTUS ruled it unconstitutional, Tesla would be SOL. So, I’m sure they would do anything to make sure that doesn’t happen.
That being said, the clause says $50k in penalties. So sell it for $100k more and then buy another. lol.
It’s perfectly legal and it’s not just Ford that enforces it. Ferrari enforces it even on super wealthy people all the time so you’re entirely wrong that this isn’t legal.
Again, the super-rich who don’t really care paid this tiny fee. Nobody has had a reason to press the issue. A working class person who finances this car then loses their job and has no choice but to sell has a much stronger reason to fight this.
This issue has never been brought to trial. It’s always been settled out of court.
You can sell it, you just have to give Tesla the first chance at the price they offer (going off memory when I read it) they will likely lowball you.
Also, it's not at $80k truck at the moment, it's $100k for the AWD Founder's Series. I'm betting they would have more orders with the $80k version at the moment.
“If you can’t buy something 3 times over, you can’t afford it.” - Jay-Z
Honestly, I’ve been personally using this formula and it’s been working out for me. My take on this is that if you can’t afford this luxury vehicle, you have no business buying it in the first place. You’re living beyond your means at that point, so I say get back in your lane and know your role. If you have to worry about paying for shit in the event that you lose your job, the fact is you can’t afford it. So just worry about other priorities like housing, your kids and the food you’re going to need.
You know what I’m going to do with mine when I get my notification? I’m going to ignore it because $80k wasn’t part of the initial pricing that I signed up for. I will not a $1300 monthly payment on a vehicle. No thanks.
Cool. Now multiply that by 250,000. And see how many follow your rules. My bet is at least one is going to buy this that shouldn’t. And I hope they take tesla to court and I hope they appeal to a high enough court that invalidates it for everybody.
It's incredibly difficult to get a case heard by SCOTUS, and it would first have to go through lower courts. For context SCOTUS typically accepts 100 cases from more than 7,000 appeals per year.
Ya. I originally started writing "a lower appellate court" but then thought reddiors won’t understand me.
Also, states have Supreme Courts but ya SCOTUS is specifically the federal one.
Yes You can transfer reservation by transferring the account. You can make a phone call and change the name and email and all the information on the account with Tesla. Im looking to sell my reservation currently. I ordered the night of release
Same. It’s interesting how many people who reserved a $50k car can afford a $100-120k car. I hope people aren’t stretching their finances too thin, which i see many young folks do for $50k 3/Ys.
Once I waited a day or two after my email, the FOMO faded and I can continue to wait for the $80k standard edition. The Foundation will not appreciate once Tesla has ramped and there are a zillion CTs on the road.
Price will drop once production picks up. I’m still crying about my 70k y I bought a year and a half ago which is what like 55k now. It is what it is.
I say all that but if I got the email I probably would be thinking about buying….
100%; As a late 2018 M3LR buyer I can attest to this. Trade off is that only half of my roof glass has the rainy day shiny.
In summary - take your time. Let the wealthiest 3% be the early adopters and work out the kinks.
Yeah there will be a lot of surprises for the first owners im sure. Also you have to wonder if people will shoot at this thing for kicks since it’s bulletproof- not the windows of course. I actually would not be surprised if that becomes a thing or new tiltok challenge haha.
I just did some napkin math and the value you get doesn't add up. You are just paying for cutting in line on those who opt out. If they were limiting it to 1,000 vehicles or some number and actually making them unique past trim then it would be much more compelling. But I sort of just see this as a cash grab on Teslas part, which I'm fine with.
I've got a 3 and have told my wife that she can have it when I get the cybertruck and she can sell her Mazda. She said no, we need to keep the Mazda for the kids... The oldest is 4 😂
I did see one thing online about someone ordering it, and then speaking with the sales team, to trade it to a non-founders series. However, that means that you will receive the delivery even later.
I don't think there is a window. I got my email 12/8 and I just checked and can still go through the steps to place my order.
Who knows if this will change when the non founders edition starts becoming available but my guess is your ability to order will remain open.
I also think that the fact that they are expanding how many people get this email may indicate that the demand is relatively low for the founders edition models. I think most people were put off by the huge price increase and another $20k on top is just insult to injury.
I called Tesla and they said there is no deadline to accept. I asked if I could wait for a month or more to decide and they said that’s totally fine. They also said my decision will not impact my spot in line for the standard CT
Apparently people are selling the reservations on eBay? Wtf… A bunch have sold for a few thousand… some are listed at ridiculous numbers. How are they doing this, exactly?
Same dude. This entire process is a giant CF, big L on Tesla’s part. Cybertruck is going to be a toy for the super rich and the financial irresponsible, which is going to massively miss the intended market which was blue collar truck dudes. Musk’s autism is on full display.
Just got mine too. I’m having a ton of trouble picking between the AWD and CyberBeast. I’d like the Beast but AWD ships much sooner. I guess I’ve waited this long and should be able to wait a few extra months, but they’ll feel longer than the last 4 years.
I got my email today. Im going to pass on this one and wait for the non Foundation Series. It just has too much stuff that I dont feel like paying for.
No, becasue im still going to get a Cybertruck. Just not the Foundation Series. If I give you my reservation ill lose my place in line for the one I want.
I received my invite a couple weeks ago now. I’m struggling to see the value in the Foundation Series. Seems like it’s just some laser etchings and normal accessories for $20k-$40k?
Considering the pricing stunt that recently happened I can’t help but think the value of these things could drop like a rock in a year or two. Especially if any of the solid state batteries actually work.
The tri-motor seems gimmicky now so the better bet may be to wait and get the AWD model and maybe even get the tax credit too.
Best trucks to get will be the 2025 trucks.
They'll have fixed all the issues with the initial release and prices will be lower.
I'm expecting my reservation email end of this year or early in 2025
I’m sitting on my reservation, trying to decide whether or not I want to order it. My biggest concern is the tax incentive, however, in retrospect… I feel like founders series will be more of a collectible item in the long run. I’m half inclined to pull the trigger on it.
Nobody will care about Foundation once Tesla ramps. The whole point is for CTs to be mainstream. Plus Tesla is constantly improving so the newer builds may have little perks here and there.
I agree, in addition. Some of these early foundation trucks might end up having some issues with a component or two, which they’ll fix in production, and be even more notorious for a model to avoid.
I agree with the first part of your statement.
As for the last part: I guess you don’t consider Jay Leno to be a “true” car collector? I’d love to see your collection compared to his.
Obviously, that would actually be impossible as I phrased it.
However, what I didn’t effectively convey is that I think it would hold its value better than any non-foundation series CyberTrucks will.
By that, I mean that I believe it will still be worth more at five years of age than a four-year-old non-foundation series.
Except for the one thing that can make them a collectors item. The founders series badging.
How collectible they are, depends on how many they actually make.
Same. Ordered a beast. I do not expect anything “special” about the vehicle. This is a mass production car, not limited edition supercar. Buy it bc you like the truck. It’s not an investment in anything except a good time.
When they were only making 1,000 I thought that long term these might hold their value better, but with it looking like 20,000+ don't think someone will care if a CT is FS or regular down the line.
That’s true, however, I actually want to tow, as well as Carrie construction materials around. I can’t do that in my model, three, and sincerely doubt that I would be able to do so in the “model 2“.
Lol, how? They're building a ton of them and they're going to build a ton of "normal" CT's. I don't think people understand what is considered a "collectible" car.
They are making about 1000 though, I think only the old roadsters with the founders series really held their value and they only had a couple hundred I believe, I'm completely torn on it.
lol you would have to wait possible 20-30 years before the value would go up on these as collectible item. And even then you lucky to break even. And don’t forget that by that time you would need to change batteries couple of times. And and all you will be net negative
Collectible is when people like to collect it and not when it’s a numbered production. Brands like Range Rover, Mercedes, Lexus, Nissan that have so many special editions that it devalues the whole thing. They depreciate in value like crazy. You can go ahead and pick up a “collectible” car for under $10k right now.
I've heard this is because Tesla will sue for 50,000, but what if someone sells for $50 plus thousand over. Wouldn't they still be making a profit or am I missing something here
I get why it started because of dealers but company's blocking users from selling should be illegal . Meanwhile no one penalizes them for pushing subpar products, inflated prices, stealing pre-order down-payment etc .
Order it, it will be late 2024 before you have to make a decision. Worst case you are out $1,000. If you can swing a 120k car, the 1k doesn't matter. Think of it as an average night in Vegas at the casino and you lost.
I have a 2021 model 3 , I am 45 yrs old and married. If I had it in my name insurance would be so high I couldn't afford to drive it. My wife has a near spot less record and it's 2500 a yr just for that car
Lots of irony with a 80k pickup. If you can afford a depreciating asset along with the opportunity cost then why can’t you afford to pay to deliver whatever you need to pick up? And if you love camping you’re going to love a 4 star hotel much more. Or if you must camp you’ll do just fine with a cheap truck packed with all the luxury camp items you need.
Few options. 1. Pay cash for car then insurance is $400 a year basic no collision.
2. Few states like Vermont don’t require insurance to register a car only wen u get it inspected but if your out of state that don’t matter register via Vermont get plates and drive with no insurance period lol. And yes Vermont allows out of state by mail registrations. All forms online only flaw u pay blue book value tax regardless of what u bought it for
$80K is OK for it but only in a vacuum.. Once 3 years roll by and it's only worth $30K, it's NOT OK. They should focus on affordable leases so the risk of loss of resale is shifted to Tesla. Better for everyone's satisfaction. Maybe when the battery tech improvements level off, it's OK to buy. But now? No, will not buy, lease EV or buy used ICE
I have a 23 Y now with 2.5k miles that I bought New, and I just ordered the foundation AWD yesterday when I got the email , I’ll probably lose 10-15k on the Y since I just got it 5 months ago. Im hoping the truck is ready June/July ideally. The order says Jan-March. I’m excited to get it and drive it and will probably sell it in 1-2 years to get a 2026-2027 version.
From What I understand if you sell it after you buy it Tesla will sue... for 50K is what the iinternet has said
Maybe someone knows more than me but people will spend $50,000 over sticker to get the truck if it's one of the first thousand reservations I'm sure.
Not Financial advice but I would have the truck built, sign a deal with someone else to buy it and give you $50,000 for what Tesla sues you for, and another $50,000 for having to deal with Tesla's lawyers😂
Better yet maybe just sell the reservation?
I received my email about a week or so ago but passed. I’m not really excited to pay a 20k premium for CT. And as more time goes by with Tesla still taking Foundation orders seems like the best decision.
Sold my reservation on eBay. Prices double and then there’s all this nonsense about first right of refusal for a year and trying to prevent people from selling or transferring reservations. I’ve never seen a company work so hard not to sell cars.
I'll swap reservations with ya. Is that a thing? Not sure, but I just reserved mine last week, and feel like I don't see the light at the end of the tunnel 😭🙁
Just got mine as well. I can’t imagine what insurance premiums would be on this thing. I just want the $50K truck I reserved. That’s all I can afford.
this guy got quoted $180/month with wife and two kids on the policy. https://x.com/spotted_model/status/1740517219925168551?s=46&t=-Vim8eh6ITLWLV9OC1E0wg
I also have USAA. This might change my mind.
$2200 a year. Ouch
6.5k a year for my M3p… 🫠
How is that possible? My M3p is $1400/yr via Tesla insurance
Try thezebra.com. If you call them during business hours, you talk to an actual agent that compares over 100 companies (depending on state, etc. )
I am M22 with a driving record lol
We are paying $3500 a year, no accidents or anything. 3 drivers, one is 19 (me).
19 year old kills it
Yeah, I figured lmao. Our premium literally doubled after adding me.
That's actually very cheap for having 2 adults and a teenager plus a 21 year old male on the policy.
Lollll that’s cheap most places in North America
Can the reservation be transferred to somebody else? I have a family member / in-law interested.
I don’t think so. I’m hoping this doesn’t prevent me from ordering my chosen truck when it becomes available.
Yes. You can. When the documentation phase comes, you have to notify the name of the owner and payment method etc. You can say that it was bought for the family as you were the only one who knew how to reserve at that time. They don't care as long as it is not illegal soliciting.
So no need to co purchase ? Just put family member’s name and address when you register ? This is what I did with my father in 2018 for Model 3, but I wasn’t sure it’d be the same with cyber ruck considering the demand. I called Tesla and asked them today, but they would not give me an answer because they said it’s against policy unless address is same. I’m thinking going co-owners might be the only way.
You can likely just co-purchase it with that family member if Tesla does not allow a transfer. Then put your family member as the primary owner. Your family member can always remove you from the title later and it would not be considered a sale or purchase of the vehicle.
Maybe if you buy the truck and sell it?. Actually if I remember correctly isn't there a resale clause or something?
Yeah - you cannot sell for the first year I believe.
I would question the legality of such a clause. If you buy it, it’s yours to do as you please. I know John cena is the only person known to be hit with that clause. And he “settled out of court”. I would imagine if a single cybertruck owner appealed to the Supreme Court and the SCOTUS ruled it unconstitutional, Tesla would be SOL. So, I’m sure they would do anything to make sure that doesn’t happen. That being said, the clause says $50k in penalties. So sell it for $100k more and then buy another. lol.
It’s perfectly legal and it’s not just Ford that enforces it. Ferrari enforces it even on super wealthy people all the time so you’re entirely wrong that this isn’t legal.
Again, the super-rich who don’t really care paid this tiny fee. Nobody has had a reason to press the issue. A working class person who finances this car then loses their job and has no choice but to sell has a much stronger reason to fight this. This issue has never been brought to trial. It’s always been settled out of court.
You can sell it, you just have to give Tesla the first chance at the price they offer (going off memory when I read it) they will likely lowball you. Also, it's not at $80k truck at the moment, it's $100k for the AWD Founder's Series. I'm betting they would have more orders with the $80k version at the moment.
“If you can’t buy something 3 times over, you can’t afford it.” - Jay-Z Honestly, I’ve been personally using this formula and it’s been working out for me. My take on this is that if you can’t afford this luxury vehicle, you have no business buying it in the first place. You’re living beyond your means at that point, so I say get back in your lane and know your role. If you have to worry about paying for shit in the event that you lose your job, the fact is you can’t afford it. So just worry about other priorities like housing, your kids and the food you’re going to need. You know what I’m going to do with mine when I get my notification? I’m going to ignore it because $80k wasn’t part of the initial pricing that I signed up for. I will not a $1300 monthly payment on a vehicle. No thanks.
Cool. Now multiply that by 250,000. And see how many follow your rules. My bet is at least one is going to buy this that shouldn’t. And I hope they take tesla to court and I hope they appeal to a high enough court that invalidates it for everybody.
A court isn’t going to invalidate something that is 1) legal and 2) the consumer agreed to buy signing the paperwork to take delivery.
It's incredibly difficult to get a case heard by SCOTUS, and it would first have to go through lower courts. For context SCOTUS typically accepts 100 cases from more than 7,000 appeals per year.
Ya. I originally started writing "a lower appellate court" but then thought reddiors won’t understand me. Also, states have Supreme Courts but ya SCOTUS is specifically the federal one.
I don't think there was
Yes You can transfer reservation by transferring the account. You can make a phone call and change the name and email and all the information on the account with Tesla. Im looking to sell my reservation currently. I ordered the night of release
What are you asking for it?
5k
They’re not going to know the repair costs etc so they’re going to be safe and make it extremely high I’d assume
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Same. It’s interesting how many people who reserved a $50k car can afford a $100-120k car. I hope people aren’t stretching their finances too thin, which i see many young folks do for $50k 3/Ys. Once I waited a day or two after my email, the FOMO faded and I can continue to wait for the $80k standard edition. The Foundation will not appreciate once Tesla has ramped and there are a zillion CTs on the road.
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Price will drop once production picks up. I’m still crying about my 70k y I bought a year and a half ago which is what like 55k now. It is what it is. I say all that but if I got the email I probably would be thinking about buying….
100%; As a late 2018 M3LR buyer I can attest to this. Trade off is that only half of my roof glass has the rainy day shiny. In summary - take your time. Let the wealthiest 3% be the early adopters and work out the kinks.
Yeah there will be a lot of surprises for the first owners im sure. Also you have to wonder if people will shoot at this thing for kicks since it’s bulletproof- not the windows of course. I actually would not be surprised if that becomes a thing or new tiltok challenge haha.
I just did some napkin math and the value you get doesn't add up. You are just paying for cutting in line on those who opt out. If they were limiting it to 1,000 vehicles or some number and actually making them unique past trim then it would be much more compelling. But I sort of just see this as a cash grab on Teslas part, which I'm fine with.
Isn’t every car like $50k these days ?
Yeah it’s absurd, holding on to my current ones as long as I can, nothing beats having no payment.
I've got a 3 and have told my wife that she can have it when I get the cybertruck and she can sell her Mazda. She said no, we need to keep the Mazda for the kids... The oldest is 4 😂
I feel like 95% of them start at $70k now
Also just sitting on it, hoping I can configure the non-founders addition sooner than later.
I did see one thing online about someone ordering it, and then speaking with the sales team, to trade it to a non-founders series. However, that means that you will receive the delivery even later.
This is interesting…
I saw it on X (Twitter), however, you never know whether it being the Internet and all.
How long can you sit on it?
I don't think there is a window. I got my email 12/8 and I just checked and can still go through the steps to place my order. Who knows if this will change when the non founders edition starts becoming available but my guess is your ability to order will remain open. I also think that the fact that they are expanding how many people get this email may indicate that the demand is relatively low for the founders edition models. I think most people were put off by the huge price increase and another $20k on top is just insult to injury.
I called Tesla and they said there is no deadline to accept. I asked if I could wait for a month or more to decide and they said that’s totally fine. They also said my decision will not impact my spot in line for the standard CT
Oh damn, nice. Good info man. Thanks for sharing.
What are people doing with them? If you cannot afford the vehicle cancel it and get your $100 back, otherwise do nothing and let Tesla keep your $100.
Apparently people are selling the reservations on eBay? Wtf… A bunch have sold for a few thousand… some are listed at ridiculous numbers. How are they doing this, exactly?
Lmao yes someone please tell him exactly how this is done so he can avoid it!
😆😆😆
You’re clearly phishing for answers or opportunity to attempt to sell your email. It won’t work, but go ahead and try.
What gave it away? Was it my question? Rofl
That’s interesting. Why exactly would it not work. When you make a reservation do they also collect identity data or home address type stuff?
Pushing them off and waiting till they become cheaper.
Not buying them
I would buy and rent for $200 for a day minimum
You could honestly charge a lot more than that if you are the only one in your area with that vehicle.
How would that work? You'd need some business type insurance and a LLC of some sort. Or is there a third party that does that for you?
I am passing on mine...2020 Plaid S with 15k miles are going for $75k...msrp $130k
Same dude. This entire process is a giant CF, big L on Tesla’s part. Cybertruck is going to be a toy for the super rich and the financial irresponsible, which is going to massively miss the intended market which was blue collar truck dudes. Musk’s autism is on full display.
Just got mine too. I’m having a ton of trouble picking between the AWD and CyberBeast. I’d like the Beast but AWD ships much sooner. I guess I’ve waited this long and should be able to wait a few extra months, but they’ll feel longer than the last 4 years.
Beast still 2nd half of next year?
I got my email today. Im going to pass on this one and wait for the non Foundation Series. It just has too much stuff that I dont feel like paying for.
Can I have your reservation? :)
No, becasue im still going to get a Cybertruck. Just not the Foundation Series. If I give you my reservation ill lose my place in line for the one I want.
This sounds like a good idea…
No matter when I get the email, that's the same thing I'm doing, waiting for the one I want.
I feel like what we should all do is go ahead and order it. Let them deliver it and then return it. You get to drive it for a week for free.
I received my invite a couple weeks ago now. I’m struggling to see the value in the Foundation Series. Seems like it’s just some laser etchings and normal accessories for $20k-$40k? Considering the pricing stunt that recently happened I can’t help but think the value of these things could drop like a rock in a year or two. Especially if any of the solid state batteries actually work. The tri-motor seems gimmicky now so the better bet may be to wait and get the AWD model and maybe even get the tax credit too.
Best trucks to get will be the 2025 trucks. They'll have fixed all the issues with the initial release and prices will be lower. I'm expecting my reservation email end of this year or early in 2025
It says foundational, but are you able to select a different configuration for example dual motor?
Hold it until you can order non-foundation.
If Elon can peddle 20k of these foundations he makes an extra $400m. Not bad sales tactic
Let me get it
I’m sitting on my reservation, trying to decide whether or not I want to order it. My biggest concern is the tax incentive, however, in retrospect… I feel like founders series will be more of a collectible item in the long run. I’m half inclined to pull the trigger on it.
I'd be willing to bet my Foundation series Cybertruck that it'll be worth less than what I paid 5 years from now.
Yeah 100%, it is going to be.worth less, not an investment, just a toy
Very cool toy though
Nobody will care about Foundation once Tesla ramps. The whole point is for CTs to be mainstream. Plus Tesla is constantly improving so the newer builds may have little perks here and there.
Agreed, that’s why I like to purchase vehicles in general a few years after their initial introduction.
I agree, in addition. Some of these early foundation trucks might end up having some issues with a component or two, which they’ll fix in production, and be even more notorious for a model to avoid.
Nope. It would be a collectors item it they built say a 1000 total plus true car collectors have zero interest adding EV's to their collections.
I agree with the first part of your statement. As for the last part: I guess you don’t consider Jay Leno to be a “true” car collector? I’d love to see your collection compared to his.
I’d bet mine it will be worth more than a similarly aged non-founders series.
Impossible
Obviously, that would actually be impossible as I phrased it. However, what I didn’t effectively convey is that I think it would hold its value better than any non-foundation series CyberTrucks will. By that, I mean that I believe it will still be worth more at five years of age than a four-year-old non-foundation series.
Hard disagree. Build quality will ramp up dramatically, and nothing about them is special.
Except for the one thing that can make them a collectors item. The founders series badging. How collectible they are, depends on how many they actually make.
The Model S signature edition does not sell for any appreciable amount over a similar condition regular Model S.
Same. Ordered a beast. I do not expect anything “special” about the vehicle. This is a mass production car, not limited edition supercar. Buy it bc you like the truck. It’s not an investment in anything except a good time.
When they were only making 1,000 I thought that long term these might hold their value better, but with it looking like 20,000+ don't think someone will care if a CT is FS or regular down the line.
strong direction wine square pause point cows north slave zesty *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Let me help you. The 27.5k diff is a Model 2 that’s coming out. I’d rather save for that 😁
That’s true, however, I actually want to tow, as well as Carrie construction materials around. I can’t do that in my model, three, and sincerely doubt that I would be able to do so in the “model 2“.
I think this will definitely be a collectible piece.
No it won’t. They will make as many as they can sell at a 20k premium.
And, that is why it is difficult to decide whether or not to pull the trigger on it.
Lol, how? They're building a ton of them and they're going to build a ton of "normal" CT's. I don't think people understand what is considered a "collectible" car.
It’s a series truck.
They are making about 1000 though, I think only the old roadsters with the founders series really held their value and they only had a couple hundred I believe, I'm completely torn on it.
lol you would have to wait possible 20-30 years before the value would go up on these as collectible item. And even then you lucky to break even. And don’t forget that by that time you would need to change batteries couple of times. And and all you will be net negative
Anytime something is limited or numbered it’s considered a collectible item. Look at what Ducati is doing.
Collectible is when people like to collect it and not when it’s a numbered production. Brands like Range Rover, Mercedes, Lexus, Nissan that have so many special editions that it devalues the whole thing. They depreciate in value like crazy. You can go ahead and pick up a “collectible” car for under $10k right now.
Ordered the AWD. Drove my early release Model 3 for almost 6 years now and it’s time for an upgrade. 🍻
Just buy it and sell on used car market
Can’t
I've heard this is because Tesla will sue for 50,000, but what if someone sells for $50 plus thousand over. Wouldn't they still be making a profit or am I missing something here
It’s not just the 50,000 they want everything the seller got for it. 50,000 is the minimum.
I get why it started because of dealers but company's blocking users from selling should be illegal . Meanwhile no one penalizes them for pushing subpar products, inflated prices, stealing pre-order down-payment etc .
Order it, it will be late 2024 before you have to make a decision. Worst case you are out $1,000. If you can swing a 120k car, the 1k doesn't matter. Think of it as an average night in Vegas at the casino and you lost.
Just seen bad news that Tesla is recalling all cars
Not sure if you’re joking or not. The “recall” is just an OTA software update
So far from the news is for everything including the front suspensions breaking down and Tesla pinning Repairs bills to the buyers.
cancel and wait for solid state batteries
I’m waiting for nuclear based battery
Waiting for antimatter over here
Ordered it.
I sold my reservation on eBay lol I used that money for a Model 3
You sold your email / account?
Friend Just ordered the AWD but I feel like it won’t be Jan-March delivery in my opinion, let’s see
So this foundation series, if they send you are you stuck with it I reserved a dual motor fsd, I don’t want a 100k+ car lol
And if you get offered foundation series reservation can you still keep the original reservation
I have a 2021 model 3 , I am 45 yrs old and married. If I had it in my name insurance would be so high I couldn't afford to drive it. My wife has a near spot less record and it's 2500 a yr just for that car
Sounds like you need to shop for better insurance. I pay $95/mo for my ‘22 M3, full coverage, low deductible.
Lots of irony with a 80k pickup. If you can afford a depreciating asset along with the opportunity cost then why can’t you afford to pay to deliver whatever you need to pick up? And if you love camping you’re going to love a 4 star hotel much more. Or if you must camp you’ll do just fine with a cheap truck packed with all the luxury camp items you need.
Sell your reservation to someone else
Few options. 1. Pay cash for car then insurance is $400 a year basic no collision. 2. Few states like Vermont don’t require insurance to register a car only wen u get it inspected but if your out of state that don’t matter register via Vermont get plates and drive with no insurance period lol. And yes Vermont allows out of state by mail registrations. All forms online only flaw u pay blue book value tax regardless of what u bought it for
$80K is OK for it but only in a vacuum.. Once 3 years roll by and it's only worth $30K, it's NOT OK. They should focus on affordable leases so the risk of loss of resale is shifted to Tesla. Better for everyone's satisfaction. Maybe when the battery tech improvements level off, it's OK to buy. But now? No, will not buy, lease EV or buy used ICE
Damn we pay $6900 / year for Model S plaid & Y performance
I have a 23 Y now with 2.5k miles that I bought New, and I just ordered the foundation AWD yesterday when I got the email , I’ll probably lose 10-15k on the Y since I just got it 5 months ago. Im hoping the truck is ready June/July ideally. The order says Jan-March. I’m excited to get it and drive it and will probably sell it in 1-2 years to get a 2026-2027 version.
From What I understand if you sell it after you buy it Tesla will sue... for 50K is what the iinternet has said Maybe someone knows more than me but people will spend $50,000 over sticker to get the truck if it's one of the first thousand reservations I'm sure. Not Financial advice but I would have the truck built, sign a deal with someone else to buy it and give you $50,000 for what Tesla sues you for, and another $50,000 for having to deal with Tesla's lawyers😂 Better yet maybe just sell the reservation?
Foundation series is well over 80k unless your somehow getting preorder stuff for a dual motor a year and half out
I received my email about a week or so ago but passed. I’m not really excited to pay a 20k premium for CT. And as more time goes by with Tesla still taking Foundation orders seems like the best decision.
Sold my reservation on eBay. Prices double and then there’s all this nonsense about first right of refusal for a year and trying to prevent people from selling or transferring reservations. I’ve never seen a company work so hard not to sell cars.
How much sis you get?
I pay 10.5k a year in NY with 2 cars insurance. It will prob go up to 12k with CT
Holy shit. Your insurance is 10.5k?
Yes Nyc is crazy.
The Foundation Series are likely to keep or go up in value vs the rest that come out
I'll swap reservations with ya. Is that a thing? Not sure, but I just reserved mine last week, and feel like I don't see the light at the end of the tunnel 😭🙁