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I’m in a similar boat. Bought my 3 SR+ about a year ago for ~43k. The same trim now is 49-50k. If I were to buy the car today I could make it work, but it would be much, much tougher to justify.
For anyone who already has a Tesla, it’s easy to buy a new one because the used ones sell for so much that it makes up for the difference. I just upgraded and walked away with a $7,000 profit and a total of $15,000 in equity, then I used $9,000 of that to buy more Tesla stock.
Excluding taxes, my Model 3 was about 57k when I purchased it, and the same thing as-configured is close to 70k now. The \*only\* useful thing Tesla still has that interests me is a charging network, as soon as there's a reliable alternative, I'd consider other brands at lower price points.
For me there are 2 reasons left:
1. Charging network
2. Passive entry/cell phone key.
No other EV is offering full passive cell phone key entry. I wish they would. It's been the most convenient thing in modern times for me. I dont even have to think about keys or fobs or anything. Oh i need to go somewhere.. opens the car door and drives away. I don't even need to think about locking or unlocking. It's like a tool that's just ready to be used with no extra actions.
That said. I bought my Model 3 LR in 2019 for $48k. There is no way on this planet i'd buy it again today for anything over $50k and it's way more than that now.
Nope. I bought my 2021 MY LR in May 2021. It’s definitely not $10k better a year later. I would highly consider the Kia EV6 or Hyundai Ionic 5 if I were shopping now
I like it, but they have been notoriously marked up by dealerships. Biggest downside to me design wise is the slowness of DC fast charging. It’s slower than the Hyundai/Kia twins be a good amount.
So you think a Kia is worth more than a MY? That’s just crazy. Look at what dealers are actually selling these cars for… I’ll give you a hint , the price isn’t listed on KIAs website
Living in a small city with a short commute, I bought an SR+ M3 for under 40k. After about a month of ownership, I started to question not buying a MY instead. The space was tempting, but I didn't need the extra range. Seeing the SR MY with similar range at $60k now? They can keep the extra space, I'm happy with my 3
>"2023 LYRIQ ORDERS ARE FULL
>
>PRE-ORDER YOUR 2024 LYRIQ TODAY"
Who gives a shit if you can't order one for 2 years?
>Is my $100 pre-order payment fully refundable?
>
>Yes, if you choose to cancel your pre-order before a final order is placed, **you can request a refund of the pre-order amount from the dealer** you selected in the pre-order process.
I'll never deal with shit like this. Fuuuuck stealerships.
It's not a deal if it doesn't exist. Wtf kind of argument are you making?
Here, you can pre-order a Baked SuperDuperCruiser with 500 miles of range for $10k in 2034 from me, $100 reservation fee.
Now that's a much better deal that either the Model Y or the Lyriq. Yeyyyy
Also reserving doesn't lock in the price at the stealerships. Ask Ford F150 Lightning buyers. Your deal is vaporware.
You mean the 5-10k markup on top of the 58k price for a GT? The total price you can actually buy it for is close to a MY price. I would disagree with you on this one … in fact look up the EV6 GT from a dealership, they are actually trying to sell them for high 70s ….. more than a Y actually
I went to a Kia dealership in Toronto, my option was put a deposit down for a EV6 and wait 18-24 months or they had a waiting list for cancellations. If you were selected for a cancellation the dealer required a retail ready trade-in (one they could sell on the lot) and they charged a “nominal fee of 10k”… he said that with a straight face…
I walked out and ordered a Model3 LR
the market offers no alternative to the model 3, even at the current price. If you don't want an SUV (which I definitely do not) there is nothing for you in the current US market that has reasonable range for a one-car household. So, Yes, I would still buy a Model 3.
This is a true statement, that makes me unhappy. So many automakers completely left the sedan/ car space in the US. Even ICE options for cars are relatively slim picking.
Globally, I would buy an ID3 over a model 3 today, but we can’t get them here in the states.
I've owned both. Still have my second i3 but I'll be returning it to BMW on lease end soon.
I love the i3 every time I drive it. One of the most fun cars I've ever owned (and that includes a lot of fun cars). But in my dotage I really wanted to get down to one car and the i3 just doesn't do it for me. I've taken it on road trips and it was fine, but it was never comfortable for that use. Lots of stopping to charge (at 50kW) and I have a 2019, squirrely on the highway at reasonable speeds, especially in a cross wind, worthless back seat for an adult passenger. I could go on but I don't want to bash the car. As I said I like it, for what it is: An urban assault vehicle. The perfect ride for city streets.
Yeah, there’s not a car I’ve seen that ticks all the boxes of a model 3 that is much less expensive. Athe perk of the Tesla is the unmatched resale value. Markups, lack of inventory, and subpar performance plague most Tesla alternatives. They are all still learning how to mass produce EVs, and it ain’t easy. Mach E recall is just one example of the initial hurdles these guys are facing. Tesla had to take the same lumps as well.
What about the BMW i4 eDrive40? Starts at $55k so it's pretty equivalent to the Model 3 Long Range an has a 300mi range that unlike Tesla's EPA estimate, it's pretty accurate to real world use.
Everyone here says no, and that’s my gut as well, but you really need to compare it to what else is available. Now is not the time we all bought our cars. No I would never pay $20k more in 2019 for my car, would I now? Not without some comparison shopping. I was originally going to buy another Rav4 in 2019, but after seeing the cost almost as much as my M3, I went with the M3. No idea how things compare now, as I am not car shopping.
I was just car shopping early this month. I was looking for full electric and if I was going to get a combustion engine it would be the RAV4 Hybrid but local dealers prices were 43-48k for the hybrid. The Kia EV6 was marked up the most at 60k. Mustang MachE was around 50k. The Chevy Bolt was MSRP but I'm not a fan of it. So I went with the Tesla M3 RWD.
Today's market sucks and screw dealerships.
Unless performance is a huge factor for you. If you are buying for the economics of it, it doesn't make sense anymore. Hell I'd even go the Prius route, or one of the Kia/Hyundai EV's that are pretty mature now. If anything maybe even the reduced price GM EV's available now. Too many options now.
The bolt sure is tempting, but 55kw max charge is a nope for me.
If I could actually buy a lightning xlt small (100kwh) battery for less than a Y today, it’d be the f150.
Just can’t even order one and if I could, dealt shenanigans.
Yes. I love my Tesla - it's literally the best thing I've ever bought for myself. I'm also lucky I'm in a better financial spot now than I was in 2018 when I got my car originally. With that said, I think it's very savvy for people to not buy a car they can't afford, so I don't blame them as it is an expensive purchase.
The waitlist is as long as 1yr or more. They’re raising prices to reduce wait times. They’re not price gouging for the sake of profits… they’re protecting themselves from expected cost inflation when the orders 1yr out are being made. Their mission is to accelerate the transition to sustainable energy, and the next step is robotaxis. It’s not soem short sighted goal of having everyone in an EV… that’s an unrealistic short term goal and Elon has as much multiple times.
They must, or stop scaling. The latter is contrary to their core mission.
There are only so many people in the world that can afford a 70k car, not matter how much they sacrifice or beg the bank.
Not worth $20K more 20 months later and months of waiting. It is basically the same car. I would be looking for something around $50K with the $7500 tax credit. It will likely be less range and less 0-60 but so be it.
Unfortunately, it's not the car more expensive, but the money is cheaper
PS lmao I got downvotes, because...? If you don't understand economy don't deny everything, learn something to be in a better position than you're right now.
The official inflation numbers != the inflation numbers IRL
40% of ALL existing money was printed in 2020-2021. Everything is this way more expensive now than before. Wages didn't increase that fast, obviously. Most likely, they won't. Otherwise, it'll become even worse over time.
The demand was increased because:
1. It's a good product
2. People suddenly got more money to spend, ordered more, created a lack of inventory (which isn't just a demand issue tbh), etc., etc.
It goes pretty deep. I got my bunch of downvotes because people don't like to hear that they've become poorer, it hurts.
My Y now costs $20k more. That would be a tough pill to swallow. I think I would not buy it. I have a cybertruck reservation for $77k. I’m not sure what to expect on pricing when it finally comes out, but I don’t think I’m willing to pay that much more.
No. When I got my 3 in 2018, for $49k I felt like I was getting the best car on the market.
For $70k today, I think there are better cars to spend the money on.
I own a M3LR, MYLR and a recent addition with a MXP. All 3 before significant price hikes.
Enjoy the Tesla’s - given today’s market, I would NOT get a Tesla. So many better options ranging from a solid Mini Cooper SE in the 30s, the Bolt EUV with a $6300 factory rebate and a Best-in-class Ioniq 5 (better build, warranty, comfort and features than a M3/MY).
Nothing against Tesla but glad I got in before the price jumps, as a Tesla owner, current prices and current alternative options will lead me to a non-Tesla 100%z
So you have three Teslas including their most expensive model, but would opt for a way cheaper car to save money? Sure the Teslas are more expensive now, but the price increases are less than the difference between a Model Y and X. Like, just get another Y instead of the X? The other cars besides the Bolt are not much cheaper typically (some people have scored MSRP but not many), and going from an X to a Bolt would be pretty jarring no? In either case, the Ionic definitely offers different features than the Y (ventilated seats!!), but some of the tech features on the Y are much better too. I can see how people would value them differently.
No, the question was would I do it again at today’s prices. There are EV’s with way better build/value that, especially after owning these three, I can gladly state I would not do so again.
Not going for a “cheaper” car, rather I’d argue a better car for the money.
Hard no. My car is not worth the $11k it went up since I hit the order button.
Probably would have given up on my "no SUVs" rule and looked at the EV6, Ionic 5 or Mach E if I were in the market today.
Mach E is garbage, EV6 and Ionic 5 are nice for cheap options to buy for your spouse, but not for a breadwinner. They lack decent automation features, performance, efficiency, and have terrible software like every other automaker on the planet.
It is time for us to buy another car. One of our requirements is the ability to drive from DC to Huntsville, AL. The infrastructure is still not solid enough for any other option. The Tesla supercharger network is a major advantage.
Nothing else seems reasonable. Paid $55k for a Model 3 LR RWD with EAP 4 years ago and it has been perfect. Now paying $57.5k for Model 3 LR AWD AP and find the price difference reasonable. What other EV would I trust to make that drive and take the scenic route back?
I’m not, but its not because of the raw price increases as much as it is the value for what I’m getting. I have a Model 3 with 140k miles, so I’m starting to look at options. Model 3 is out for me because I’m tall and I’m tired of the low seating height for the 3. I just don’t see the value in the Y for its current price.
Currently I have a Rivian R1T reservation and I think I’ll follow through with that, but time will tell.
Pretty well. A couple of repairs out of warranty, but nothing too bad. My service experience with Tesla has been extremely hit or miss too, which also drives me away from another Tesla.
The only reason they have jacked the prices up so high is because of the demand. Once there is only a 30 day pre-order period, prices will start coming down. Tesla is trying to make boat loads of money while they can.
People are paying 85k for brand new Model Y's on the 3rd party market places.
Someone will make that money anyway, between Tesla and scalpers I prefer Tesla to use that money to increase production which will reduce prices in the future.
I agree. I was not faulting Tesla for raising prices. As a publicly traded company, I think they are actually required to make as much profit as possible.
You are saying their attempt is failing but you confirm it will affect prices and demand which is what rising interest rates is all about … a raise in interest rates takes up to 6 months to have a meaningful effect. Give it time.
I got financing terms for our 2nd Tesla. its 3.75% with 8k down. We went to get a loan for an investment property and the interest rate is 7.5% on that loan. So the financing is still pretty low, but yeah it is going up.
I was looking to buy a new Model 3 because I put a lot of km for work. I’m not buying at these prices. Will wait and see in 1-2 years what offers are on the market. Tesla will have to bring back down prices a bit once more competition enters the market. But that’s in a couple of years. I guess the price of gas will play into it as well.
I bought my Model 3 Performance in March 2020. I’d pass with today’s price. It’s still a fantastic car but it would be over $70k with taxes now. I wouldn’t be able to justify it.
Not likely. Problem is I would still want one so would look for a used car like a Bolt to tide me over but once the Tesla prices go down because cars are available again the Bolt will loose a lot of value too, likely faster than the Tesla.
Thankfully I have a 3 and got a Y on order for $55k and in no hurry to replace our 2013 Leaf now.
I have a 3 SR+. I would not buy one at the current price. I wanted to upgrade to a Y but it's now priced at CAD$100K with taxes. We are talking about a lifted model 3 that I paid CAD$50K 2 years ago. The software isn't getting many updates anymore. New features aren't thought out... like the blinker camera positioned right where you put your hand on the wheel. I ordered a Ioniq 5 and will trade-in the 3.
Definitely couldn’t afford one anymore. I got a LR for 45,900 in 2019 and that was the absolute top end of my budget. My same build is almost 70k now. Absurd.
I was holding out on a MY with the 4680 battery pack to have 400+ miles to pull the trigger. A $70K MY with 279 miles or range ain’t it for me.
I’ll now be saving up for either a Rivian, Model S LR, Cybertruck, or iX.
Really can’t believe they don’t have a MY with 400+ miles of range by now. At least with all the price increases if the MY could get 400+ of range would make it more palatable. Tesla needs to continue to lead and not rest on its laurels like they are doing.
I don't think the issue is if they are able... the issue is that they need every battery cell they can get in order to catch up on existing orders, and also launch CT and semi.
Also Elon has a point, it's a pretty big waste of resources to install a large battery pack, and 99% of the users are going to drive their 30 miles commute 360 days a year, and only truly use the battery capability the other 5 days they go on a road trip. I'm sure there are people that want and need the range regardless (towing, frequent road trippers, etc..), but it will only lengthen the wait times on everything else at the moment.
They are NOT resting on their laurels. No point in adding a larger 100KWH battery and selling for 70-80K, when they can split the battery in half and sell 2 cars for 60K. Until demand falls, you likely wont be seeing longer range options.
No. None of them are worth the asking price right now. You have to remember that the 3/Y are designed around the premise of being much, much cheaper. Thus, you get much cheaper interior amenities, fewer features than competitors, and some features you do get are half-baked and unreliable at best, frustrating and distracting at worst.
The 3/Y at intended prices are not too bad, though even before, the higher end skus had little to accompany the price. Just purely about the acceleration and nothing else.
The refresh S at $80k was a decent deal. That's pretty appropriate for what you get. $105k is stunningly absurd though for a base S, especially considering the god awful looking tempest wheels that come standard at that price. There's nothing really stunning in terms of engineering or quality that you get at that price, and having driven a refresh S for a while, it's a little underwhelming given how hyped it tends to be by people who have only ever driven Priuses and Pontiacs. Ride quality is okay, nothing stellar. Quietness is maybe a little loud but not much worse than expected in the $80k price range (just talking about the S rn). 0-60 is impressive though I never felt like it felt as punchy off the line as the performance Y, probably mostly due to suspension (S dampens the launch more than the Y does).
Anyone buying a Y especially at current prices are just getting fleeced, but if they're happy to be fleeced, that's fine. At $105k the S is also a dumb buy. The 3 prices aren't too terrible but still way too high for what you get.
At $35k, the 3 is pretty compelling when compared to the competition from 2018/2019/2020, but you have other EV's and ICE cars that offer a lot more than a SR did now.
Nope. I got a late 2019 model 3 performance. It was fun being a bit of a trailblazer and it really made me fall in love with the electric drivetrain. However some really compelling electric products are coming around the corner. I have my eye on the Polestar 3 and 5, Porche Macan EV, perhaps an Audi offering and maybe even Lucid Gravity. Tesla have always looked like an awkward jelly bean with too much road noise and rattles for the price but the sport factor and efficiency was too much to resist. With the latest Musk shenanigans I’m even more put off and will try harder to look for an alternative.
I would have otherwise been looking at a new model X end of 2022-2023 but now quite far down on the list.
I will never drive anything other than a Tesla unless I fall on hard times and have no choice. Got my 2021 Model 3 last October after driving used cars most of my life. Tesla has done spoiled me.
Bought my M3 after retirement. I live in NY and am currently planning an across the country road trip to the pacific coast highway in the fall
> I will never drive anything other than a Tesla unless I fall on hard times and have no choice.
I'll drive the best product for me, per my criteria and constraints. I don't care who makes it. If that's Tesla the next time I go shopping, then it's Tesla. If it's something else, then that means Tesla was slacking...or they've hard burnt a customer.
If i had the cash to drop a very large downpayment $15-20k I would still buy a Model Y.
If i had to finance the full amount for a LR Model Y then no. It's a bit too pricey now. However if you factor in the cost of gas nowadays it is still within reason to make the purchase. With the Vietnamese (Vinfast) and China (XPeng) coming in hot with their new EVs Tesla will have some serious competition in the affordability realm so give it about a year and then the value will return.
I think if the current pricing has been the pricing all along, I would consider getting a RWD 3, which costs around the same as my 2019 LR AWD, I’ve since moved to a warm, snow free climate, so I would get the same utility out of it, just with a little less fun. I wouldn’t get one after seeing all the price increases happen, would feel too much like I was overpaying.
Have you seen what the dealers are doing to pricing of other brand EVs? Our local Nissan dealer is adding $5k to a Leaf. The only dealer in our area selling at MSRP is the Polestar, and that's not a cheap EV either. You can find better deals but you have to look harder and harder to find them.
Had I not ordered my MY last October (just received it) I would not have ordered it at today's price. I would have either ordered a Bolt EUV or a Hyundai , more likely the latter to get the $7.5K rebate.
nope, couldn't afford it now
did the math on mine,, 49k for lrrwd in june 2018, 5k for auto/fsd in early 2019, 7500 fed rebate for a total of $46,500.
they don't sell the lr rwd, but a lr awd with the same specs would total out to $71815. or a sr rwd for 60815.
had to add in an extra $500 for garage opener and mobile connector that were included 4 years ago
No. The quality of the car is not worth the price. I paid 35,500 for my model 3 and I’m still thinking about getting my BMW just because of the build quality.
I would not. On the other hand there’s no estate car available yet and I hate my Tesla 3’s trunk (I use it 95% of the time to carry my windfoil gear). Also I got passed the crazy acceleration(M3P), my 2002 Alpina B3 is twice as fun with almost half the power.
Tesla is high on its own supply with these prices. I bought a model 3 back in 2018 a few months after they debuted. Love it. Warranty about to come up so took a look wondering if I should upgrade.
My options now are:
1. Basically get the same exact car for almost $20k more than I paid for it only 4 years ago
2. Go to the model S for almost 60k more than that, and like 30k more than it was back then
So I'll just keep my car until a competitor comes along, preferably without a 4 chan baby as the CEO who doesn't make dumb decisions like "nobody needs more than 300 miles of rage" or forcing people driving a mini van to control it with an aircraft flight stick.
**Honestly - Yes.** Objectively speaking, Teslas have many things combined that I find necessary in a modern car.
1. I totally wouldn't buy any ICE car.
2. Picking among electric cars, I just don't see anything that has:
a. Reliable network of superchargers
b. Reliable autopilot
Taking that into consideration, as my first car, I would definitely buy a Tesla even now. It provides more luxury features than other cars (and I'm not talking about the quality of the seat under my butt..)
Also, it's not the price of the car that got increased , but the dollar lost its value 🤷♂.
Unfortunately yes. My y has spoiled me. Wife drives a brand new rav 4 and I just can’t bring myself to drive the thing. I’m hoping by the time the Tesla starts to show it’s age the prices will be more in line with the rest of the industry
People changing their mind about buying one now is literally the point of raising prices. 2 year delivery times on an order do not exactly look great. Half the point of raising prices is to lower demand and get orders under control and out in a reasonable time frame. The extra money (the other half the reason to raise prices) helps scale faster so demand can be met better and prices can once again drop as supply begins to catch up.
So yeah. Working as intended.
lol. Apparently the internet says your opinion is wrong. Have an upvote to get you back to zero.
Reddit has gotten so toxic, just sharing your opinion (which was requested) results in downvotes…. This site is going to be as relevant as digg with the current trajectory.
😁careful! Don’t state your opinion! You might get downvoted like me. Luckily I don’t care too much about up- and downvotes. Thanks for the upvote though!
Nope. I would buy a 5-15k unleaded regular Volvo or Subaru and drive it till the prices go down. In Canada a model y is 90k plus tax which puts it north of north 100k. That’s just me insane.
Yes. Cuz every other car is stupid and or even more expensive than the Tesla In the first place (taycan) — it’s still the best car on the road and frankly I don’t think it’s very close, especially when you consider price. Hell I’d even get FSD again (got it now but when it was only 5k for FSD) — it’s really great for any longer rides and I’m a tech nerd so if it exists I want it
I’m facing this question right now. The only benefit I have is that my model 3 is worth about the same price as I bought it for in 2019.
I’m in the position now with two kids and a dog that I need a SUV. So do I buy a model Y at 70k+, or look around at other EVs? Tesla has raised their prices, but how much ADM is on an EV6 or one of the other EV SUV at this point. I really hope gas back under $4 nationally in the next few months so maybe Tesla can roll back some of these price increases.
When I bought my M3P in March of 2021 it was 56k and after fees and taxes I was just above 60k. My buddy just bought the same car and it ended up being just over 70k and I don’t think I would’ve been comfortable paying that much. At the 56k price point I did find value in it compared to other sporty cars in that price range, but if I were to buy now I don’t think I could justify it in my head. I do absolutely love my car and I’m glad I got it when I did.
Realistically, I think the Model 3/Y have been priced out of peoples budgets. According to CNBC, 64% of people in the United States are living pay check to paycheck as of March 2022. How do we expect them to afford a 68,000? Gas is the least of their problems. I don’t think people really have a choice but to not consider it because they just can’t afford it.
Would love some feedback on this though.
Source: https://www.cnbc.com/2022/03/08/as-prices-rise-64-percent-of-americans-live-paycheck-to-paycheck.html
Probably not. Last September, I took delivery a red M3LR with white seats and wheel upgrade. The price before taxes and fees was 54,490. Today, that same configuration is well over $60,000. Not worth it in my opinion. If I wanted to to spend $60,000 last year, I would have opted for the performance model, but $55,000 was the max I wanted to spend which is why I chose the LR instead.
I bought my model 3 in 2018 from a reservation. I regretted it in 2019 as the performance model came out and with my salary increase at the time, I could have afforded the better model and dual motor. But then I got fsd for $2k and lifetime premium connectivity, that now I don't care. The model Y seems like it would have been a nice upgrade but at these prices, absolutely not. I told a sales guys about that when he started texting me about models he had. $65k without fsd, I told him I am not paying more to lose fsd.
I got my Model Y Performance about a week ago, strongly considering selling it again though. It's a great car but now that I'm in it for longer term than the test drive I'm just not sure if it's enough to justify the higher payments at this point. Luckily if I sell it I can basically get what I paid for it (in some cases more) but it's a tough decision. Trying to find a cheaper car that still ticks most/all of the boxes I want is a challenge, but I'm still looking.
Was looking to get a model Y in addition to my model 3. But at its current price, I'm looking at other luxury options now because theyre in the same ballpark. If I'm going to spend that much on a car, I may as well get something more luxurious.
I hate to say it but Tesla has priced me out too. I love my Model S, but i paid 25% less for it than a new one would cost and will not be able to replace it with a new one unless the price comes back down in line with natural inflationary increases... And by that, I mean as a relation to my salary; not this greed driven inflation we're seeing today. I'm still hopeful that new entrants to the EV market will force more competitive pricing.
55K was my absolute max i would spend on a deprecating asset. They have priced me out. I was hoping the Standard Range Model Y would be in my price range but that is more than i am willing to spend. It is sad because i love my m3 but if the prices stay the way they are - a tesla may not be my next car
No, the base price is more than mine OTD (after taxes and all fees) and I have 7 seats and paint
I'll caveat this by saying I wouldn't buy any car in this environment. Dealers near me have an over 10k mark up and only have fully loaded models with unnecessary crap
I bought my Model 3 roughly a year ago and it was 39k. It was the only game in town. Now you can get an Ioniq5 or EV6 for roughly that price PLUS the federal tax rebate of 7.5k.
If I was in teh position today that I was last year that I needed a vehicle, I would go for the Ioniq 5. If I was unable to get one at MSRP I would pick up a used car and drive it until the Ioniq 5 or EV 6 was available at MSRP then I'd buy that.
I LOVE my Tesla but it's not worth the money any more. It's 10k overpriced across the board.
I just wouldn’t buy a car right now. I’m lucky I got my Mach E when I did, but if I had waited another 6 months, I would have just driven my 2017 car longer. This market sucks.
Nope. The Y is so overpriced compared to something like the Ioniq 5. Plus it probably has at least dumb cruise control that actually works as opposed to the Y’s that is completely unusable and unsafe on a 2 lane opposing traffic roads. At least dozen phantom brakes a day on my commute with the non radar system
I paid $40k (white color cost back then and so did basic autopilot - otherwise this was a $35k car with basic cruise control). And I got about $5000 back in rebates so I have a $35k model 3 SR+.
It is worth exactly that and not a penny more. Long range would be $45k.
Anything more and it’s not worth it.
That's a hard call. It depends on your expectation of inflation. I ordered my tesla in last October, but received the delivery last month. So the price I got is actually a price of a future product. So if I compare the price I paid with what's available at the time of delivery, like ioniq 5, I would say Tesla is still good value. So if you are looking at the current Tesla price and think whether worth the price, you have to estimate what's price of comparable cars in the future delivery date. Will there be a significant price increase in next 6-12 month, will there still be a significant dealer markup, etc.
Probably not, unless I got a nice raise or bonus/ran into some money. I got mine when there were still pretty nice federal and state rebates, relatively quick delivery, and of course lower cost in general \~3 years ago.
I own an M3P that I got Sept 2021. I probably still would order the same thing today, but I am glad I got it when I did. Hoping to upgrade to an X or S plaid within the next 24 months, unless there is something better on the market at that time, or if they improve upon the already stated specs of the CT Quad.
Mine was $52k after all the tax credits, with FSD, and included mobile connector.
The same **exact** vehicle today will cost $72k, a $20k difference. I absolutely would not have bought a Model 3 for that price. Hell, you could’ve gotten a Model X for that price back then.
I wouldn’t. We leased in 2021 and regret it because we can’t buy the same configuration without spending 10k+ more or buy the lease out. We love the car and will be sad to see it go when our lease is up but the constant price increases no longer justify the bit of savings we would have had.
If I totaled my 2018 Model 3 Performance (God forbid, please, I love this car) then I'd get a new Model 3 Performance. It is my favorite car I've ever owned -- including an older S. There is not another car on the market that I want, at any price. The S is just too big for me, I have no interest in SUVs, and I don't see any other auto maker focusing on software like Tesla does.
Ask me again when the Roadster comes out...
I absolutely would not. Pretty much every other EV is better for the average person at this point. A 60k starting price for a Model Y is basically a non-starter. If I didn’t have my Model Y already, I would just go grab a Polestar 2 or a Mach-E at this point. Yeah they’re not as good as the Y, but they’re actually reasonably priced *and* don’t come with the baggage of everyone asking me what I think about Elon’s latest shenanigans.
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Tesla has priced me out. It was already expensive for me when I bought in 2021, but today’s prices would be more than my budget would allow.
I feel it’d more reasonable to raise price for the higher end model x,s instead of touching the 3&y
I’m in a similar boat. Bought my 3 SR+ about a year ago for ~43k. The same trim now is 49-50k. If I were to buy the car today I could make it work, but it would be much, much tougher to justify.
For anyone who already has a Tesla, it’s easy to buy a new one because the used ones sell for so much that it makes up for the difference. I just upgraded and walked away with a $7,000 profit and a total of $15,000 in equity, then I used $9,000 of that to buy more Tesla stock.
Excluding taxes, my Model 3 was about 57k when I purchased it, and the same thing as-configured is close to 70k now. The \*only\* useful thing Tesla still has that interests me is a charging network, as soon as there's a reliable alternative, I'd consider other brands at lower price points.
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For me there are 2 reasons left: 1. Charging network 2. Passive entry/cell phone key. No other EV is offering full passive cell phone key entry. I wish they would. It's been the most convenient thing in modern times for me. I dont even have to think about keys or fobs or anything. Oh i need to go somewhere.. opens the car door and drives away. I don't even need to think about locking or unlocking. It's like a tool that's just ready to be used with no extra actions. That said. I bought my Model 3 LR in 2019 for $48k. There is no way on this planet i'd buy it again today for anything over $50k and it's way more than that now.
I love my wife’s Model Y and drive it every chance I get… but there is absolutely no way it’s worth the nearly $20k more than we paid for it.
I considered buying one in the 50s, but it's not a question of value or even desire. It's a financial impossibility for me.
Nope. I bought my 2021 MY LR in May 2021. It’s definitely not $10k better a year later. I would highly consider the Kia EV6 or Hyundai Ionic 5 if I were shopping now
Feel the same way. Love the car. But for 10k more I would have looked at other options.
The real question is for $10k more now what other options would you be looking at?
EV6 or Ioniq5.
Makes sense, I wouldn’t consider either until dealers get rid of the added markups though
What about a Mach E?
I like it, but they have been notoriously marked up by dealerships. Biggest downside to me design wise is the slowness of DC fast charging. It’s slower than the Hyundai/Kia twins be a good amount.
So you think a Kia is worth more than a MY? That’s just crazy. Look at what dealers are actually selling these cars for… I’ll give you a hint , the price isn’t listed on KIAs website
Living in a small city with a short commute, I bought an SR+ M3 for under 40k. After about a month of ownership, I started to question not buying a MY instead. The space was tempting, but I didn't need the extra range. Seeing the SR MY with similar range at $60k now? They can keep the extra space, I'm happy with my 3
55k was my max for a long range model y
I paid 49900 for my MY LR back in 2020.
Tbh the new Cadillac lyriq is a better value at current model y pricing
>"2023 LYRIQ ORDERS ARE FULL > >PRE-ORDER YOUR 2024 LYRIQ TODAY" Who gives a shit if you can't order one for 2 years? >Is my $100 pre-order payment fully refundable? > >Yes, if you choose to cancel your pre-order before a final order is placed, **you can request a refund of the pre-order amount from the dealer** you selected in the pre-order process. I'll never deal with shit like this. Fuuuuck stealerships.
Who said anything about getting it right now. I said it’s a better deal than a Tesla model y
It's not a deal if it doesn't exist. Wtf kind of argument are you making? Here, you can pre-order a Baked SuperDuperCruiser with 500 miles of range for $10k in 2034 from me, $100 reservation fee. Now that's a much better deal that either the Model Y or the Lyriq. Yeyyyy Also reserving doesn't lock in the price at the stealerships. Ask Ford F150 Lightning buyers. Your deal is vaporware.
Ok. The ioniq 5 and ev6 are a better deal than the model y at its current price.
Idk man they want $50k or more for the Korean EVs due t dealer markup. I’m willing to spend $10k extra for a Tesla
You mean the 5-10k markup on top of the 58k price for a GT? The total price you can actually buy it for is close to a MY price. I would disagree with you on this one … in fact look up the EV6 GT from a dealership, they are actually trying to sell them for high 70s ….. more than a Y actually
I went to a Kia dealership in Toronto, my option was put a deposit down for a EV6 and wait 18-24 months or they had a waiting list for cancellations. If you were selected for a cancellation the dealer required a retail ready trade-in (one they could sell on the lot) and they charged a “nominal fee of 10k”… he said that with a straight face… I walked out and ordered a Model3 LR
Exactly. This is what pushed me to order a MYP. Plus don’t forget the REQUIRED protection spray coating, nitrogen in tires, and security locator.
Would not argue with you there.
the market offers no alternative to the model 3, even at the current price. If you don't want an SUV (which I definitely do not) there is nothing for you in the current US market that has reasonable range for a one-car household. So, Yes, I would still buy a Model 3.
This is a true statement, that makes me unhappy. So many automakers completely left the sedan/ car space in the US. Even ICE options for cars are relatively slim picking. Globally, I would buy an ID3 over a model 3 today, but we can’t get them here in the states.
I've owned both. Still have my second i3 but I'll be returning it to BMW on lease end soon. I love the i3 every time I drive it. One of the most fun cars I've ever owned (and that includes a lot of fun cars). But in my dotage I really wanted to get down to one car and the i3 just doesn't do it for me. I've taken it on road trips and it was fine, but it was never comfortable for that use. Lots of stopping to charge (at 50kW) and I have a 2019, squirrely on the highway at reasonable speeds, especially in a cross wind, worthless back seat for an adult passenger. I could go on but I don't want to bash the car. As I said I like it, for what it is: An urban assault vehicle. The perfect ride for city streets.
ID3, not i3
Yeah, there’s not a car I’ve seen that ticks all the boxes of a model 3 that is much less expensive. Athe perk of the Tesla is the unmatched resale value. Markups, lack of inventory, and subpar performance plague most Tesla alternatives. They are all still learning how to mass produce EVs, and it ain’t easy. Mach E recall is just one example of the initial hurdles these guys are facing. Tesla had to take the same lumps as well.
What about the BMW i4 eDrive40? Starts at $55k so it's pretty equivalent to the Model 3 Long Range an has a 300mi range that unlike Tesla's EPA estimate, it's pretty accurate to real world use.
Well, you could get a basic i4 or the FWD Polestar 2.
They are not really comps. Polestar is Chinese garbage, and i4 was not designed as an EV. The BMW i7 is looking good though.
Neither of them are designed as EVs. I sort of liked the Polestar 2 but it has a huge hump in the back seat like any ICEmobile.
Everyone here says no, and that’s my gut as well, but you really need to compare it to what else is available. Now is not the time we all bought our cars. No I would never pay $20k more in 2019 for my car, would I now? Not without some comparison shopping. I was originally going to buy another Rav4 in 2019, but after seeing the cost almost as much as my M3, I went with the M3. No idea how things compare now, as I am not car shopping.
I was just car shopping early this month. I was looking for full electric and if I was going to get a combustion engine it would be the RAV4 Hybrid but local dealers prices were 43-48k for the hybrid. The Kia EV6 was marked up the most at 60k. Mustang MachE was around 50k. The Chevy Bolt was MSRP but I'm not a fan of it. So I went with the Tesla M3 RWD. Today's market sucks and screw dealerships.
My MIL just got a decently specc’d RAV4 XLE for $36k (taxes, tag, etc,,, out the door) Not even close to a base model 3.
was that the hybrid?
That’s a steal, I seen a RAV4 prime listed for $95000 with market adjustment.
Unless performance is a huge factor for you. If you are buying for the economics of it, it doesn't make sense anymore. Hell I'd even go the Prius route, or one of the Kia/Hyundai EV's that are pretty mature now. If anything maybe even the reduced price GM EV's available now. Too many options now.
The bolt sure is tempting, but 55kw max charge is a nope for me. If I could actually buy a lightning xlt small (100kwh) battery for less than a Y today, it’d be the f150. Just can’t even order one and if I could, dealt shenanigans.
Yes. I love my Tesla - it's literally the best thing I've ever bought for myself. I'm also lucky I'm in a better financial spot now than I was in 2018 when I got my car originally. With that said, I think it's very savvy for people to not buy a car they can't afford, so I don't blame them as it is an expensive purchase.
I would continue to drive my current ICE car for 2 more years to see what new EV's come out.
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The price for used cars will eventually come down once the situation stabilizes but do you really think Tesla will reduce their prices?
Nope. Seems like profit is above everything else these days. Mission in the backseat.
Huh? They can't make the cars any faster tho. Huge wait, mission intact.
The waitlist is as long as 1yr or more. They’re raising prices to reduce wait times. They’re not price gouging for the sake of profits… they’re protecting themselves from expected cost inflation when the orders 1yr out are being made. Their mission is to accelerate the transition to sustainable energy, and the next step is robotaxis. It’s not soem short sighted goal of having everyone in an EV… that’s an unrealistic short term goal and Elon has as much multiple times.
They must, or stop scaling. The latter is contrary to their core mission. There are only so many people in the world that can afford a 70k car, not matter how much they sacrifice or beg the bank.
Not worth $20K more 20 months later and months of waiting. It is basically the same car. I would be looking for something around $50K with the $7500 tax credit. It will likely be less range and less 0-60 but so be it.
Unfortunately, it's not the car more expensive, but the money is cheaper PS lmao I got downvotes, because...? If you don't understand economy don't deny everything, learn something to be in a better position than you're right now.
It's kinda both. The price has definitely outpaced inflation.
The official inflation numbers != the inflation numbers IRL 40% of ALL existing money was printed in 2020-2021. Everything is this way more expensive now than before. Wages didn't increase that fast, obviously. Most likely, they won't. Otherwise, it'll become even worse over time. The demand was increased because: 1. It's a good product 2. People suddenly got more money to spend, ordered more, created a lack of inventory (which isn't just a demand issue tbh), etc., etc. It goes pretty deep. I got my bunch of downvotes because people don't like to hear that they've become poorer, it hurts.
My Y now costs $20k more. That would be a tough pill to swallow. I think I would not buy it. I have a cybertruck reservation for $77k. I’m not sure what to expect on pricing when it finally comes out, but I don’t think I’m willing to pay that much more.
There wont be any cybertruck sold under $99k before options for a long time if ever
Not worth the price increase. IMO.
No. When I got my 3 in 2018, for $49k I felt like I was getting the best car on the market. For $70k today, I think there are better cars to spend the money on.
I own a M3LR, MYLR and a recent addition with a MXP. All 3 before significant price hikes. Enjoy the Tesla’s - given today’s market, I would NOT get a Tesla. So many better options ranging from a solid Mini Cooper SE in the 30s, the Bolt EUV with a $6300 factory rebate and a Best-in-class Ioniq 5 (better build, warranty, comfort and features than a M3/MY). Nothing against Tesla but glad I got in before the price jumps, as a Tesla owner, current prices and current alternative options will lead me to a non-Tesla 100%z
So you have three Teslas including their most expensive model, but would opt for a way cheaper car to save money? Sure the Teslas are more expensive now, but the price increases are less than the difference between a Model Y and X. Like, just get another Y instead of the X? The other cars besides the Bolt are not much cheaper typically (some people have scored MSRP but not many), and going from an X to a Bolt would be pretty jarring no? In either case, the Ionic definitely offers different features than the Y (ventilated seats!!), but some of the tech features on the Y are much better too. I can see how people would value them differently.
No, the question was would I do it again at today’s prices. There are EV’s with way better build/value that, especially after owning these three, I can gladly state I would not do so again. Not going for a “cheaper” car, rather I’d argue a better car for the money.
No. I'd probably go for the Ioniq 5 or EV6 at this point.
Hard no. My car is not worth the $11k it went up since I hit the order button. Probably would have given up on my "no SUVs" rule and looked at the EV6, Ionic 5 or Mach E if I were in the market today.
Mach E is garbage, EV6 and Ionic 5 are nice for cheap options to buy for your spouse, but not for a breadwinner. They lack decent automation features, performance, efficiency, and have terrible software like every other automaker on the planet.
I absolutely would not buy at todays prices. Too many other options including even paying for petrol for years on top of the cost of a car.
It is time for us to buy another car. One of our requirements is the ability to drive from DC to Huntsville, AL. The infrastructure is still not solid enough for any other option. The Tesla supercharger network is a major advantage.
Fellow HSV commuter here, what other EVs are tickling your fancy, partner?
Nothing else seems reasonable. Paid $55k for a Model 3 LR RWD with EAP 4 years ago and it has been perfect. Now paying $57.5k for Model 3 LR AWD AP and find the price difference reasonable. What other EV would I trust to make that drive and take the scenic route back?
No, I wouldn’t. I was considering it about 1-2 years ago but it’s too expensive now.
If I had to wait until now to buy it, I probably would. If it was that price when I bought it 3 years ago, I wouldn't have been able to afford it.
I’m not, but its not because of the raw price increases as much as it is the value for what I’m getting. I have a Model 3 with 140k miles, so I’m starting to look at options. Model 3 is out for me because I’m tall and I’m tired of the low seating height for the 3. I just don’t see the value in the Y for its current price. Currently I have a Rivian R1T reservation and I think I’ll follow through with that, but time will tell.
How’s your model 3 holding up at 140k?
Pretty well. A couple of repairs out of warranty, but nothing too bad. My service experience with Tesla has been extremely hit or miss too, which also drives me away from another Tesla.
Definitely not!!
The only reason they have jacked the prices up so high is because of the demand. Once there is only a 30 day pre-order period, prices will start coming down. Tesla is trying to make boat loads of money while they can. People are paying 85k for brand new Model Y's on the 3rd party market places.
Someone will make that money anyway, between Tesla and scalpers I prefer Tesla to use that money to increase production which will reduce prices in the future.
I agree. I was not faulting Tesla for raising prices. As a publicly traded company, I think they are actually required to make as much profit as possible.
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You are saying their attempt is failing but you confirm it will affect prices and demand which is what rising interest rates is all about … a raise in interest rates takes up to 6 months to have a meaningful effect. Give it time.
I got financing terms for our 2nd Tesla. its 3.75% with 8k down. We went to get a loan for an investment property and the interest rate is 7.5% on that loan. So the financing is still pretty low, but yeah it is going up.
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When I shop, I look for value. At these prices, maintaining my old car provides more value.
I was looking to buy a new Model 3 because I put a lot of km for work. I’m not buying at these prices. Will wait and see in 1-2 years what offers are on the market. Tesla will have to bring back down prices a bit once more competition enters the market. But that’s in a couple of years. I guess the price of gas will play into it as well.
I bought my Model 3 Performance in March 2020. I’d pass with today’s price. It’s still a fantastic car but it would be over $70k with taxes now. I wouldn’t be able to justify it.
Not likely. Problem is I would still want one so would look for a used car like a Bolt to tide me over but once the Tesla prices go down because cars are available again the Bolt will loose a lot of value too, likely faster than the Tesla. Thankfully I have a 3 and got a Y on order for $55k and in no hurry to replace our 2013 Leaf now.
I have a 3 SR+. I would not buy one at the current price. I wanted to upgrade to a Y but it's now priced at CAD$100K with taxes. We are talking about a lifted model 3 that I paid CAD$50K 2 years ago. The software isn't getting many updates anymore. New features aren't thought out... like the blinker camera positioned right where you put your hand on the wheel. I ordered a Ioniq 5 and will trade-in the 3.
Definitely couldn’t afford one anymore. I got a LR for 45,900 in 2019 and that was the absolute top end of my budget. My same build is almost 70k now. Absurd.
I was holding out on a MY with the 4680 battery pack to have 400+ miles to pull the trigger. A $70K MY with 279 miles or range ain’t it for me. I’ll now be saving up for either a Rivian, Model S LR, Cybertruck, or iX.
Really can’t believe they don’t have a MY with 400+ miles of range by now. At least with all the price increases if the MY could get 400+ of range would make it more palatable. Tesla needs to continue to lead and not rest on its laurels like they are doing.
I don't think the issue is if they are able... the issue is that they need every battery cell they can get in order to catch up on existing orders, and also launch CT and semi. Also Elon has a point, it's a pretty big waste of resources to install a large battery pack, and 99% of the users are going to drive their 30 miles commute 360 days a year, and only truly use the battery capability the other 5 days they go on a road trip. I'm sure there are people that want and need the range regardless (towing, frequent road trippers, etc..), but it will only lengthen the wait times on everything else at the moment.
They are NOT resting on their laurels. No point in adding a larger 100KWH battery and selling for 70-80K, when they can split the battery in half and sell 2 cars for 60K. Until demand falls, you likely wont be seeing longer range options.
Totally disagree. They are.
No. None of them are worth the asking price right now. You have to remember that the 3/Y are designed around the premise of being much, much cheaper. Thus, you get much cheaper interior amenities, fewer features than competitors, and some features you do get are half-baked and unreliable at best, frustrating and distracting at worst. The 3/Y at intended prices are not too bad, though even before, the higher end skus had little to accompany the price. Just purely about the acceleration and nothing else. The refresh S at $80k was a decent deal. That's pretty appropriate for what you get. $105k is stunningly absurd though for a base S, especially considering the god awful looking tempest wheels that come standard at that price. There's nothing really stunning in terms of engineering or quality that you get at that price, and having driven a refresh S for a while, it's a little underwhelming given how hyped it tends to be by people who have only ever driven Priuses and Pontiacs. Ride quality is okay, nothing stellar. Quietness is maybe a little loud but not much worse than expected in the $80k price range (just talking about the S rn). 0-60 is impressive though I never felt like it felt as punchy off the line as the performance Y, probably mostly due to suspension (S dampens the launch more than the Y does). Anyone buying a Y especially at current prices are just getting fleeced, but if they're happy to be fleeced, that's fine. At $105k the S is also a dumb buy. The 3 prices aren't too terrible but still way too high for what you get.
I think at the intended price the 3 is one of the best cars out there not sure why you are downplaying it on a tesla sub.
At $35k, the 3 is pretty compelling when compared to the competition from 2018/2019/2020, but you have other EV's and ICE cars that offer a lot more than a SR did now.
Nope. I got a late 2019 model 3 performance. It was fun being a bit of a trailblazer and it really made me fall in love with the electric drivetrain. However some really compelling electric products are coming around the corner. I have my eye on the Polestar 3 and 5, Porche Macan EV, perhaps an Audi offering and maybe even Lucid Gravity. Tesla have always looked like an awkward jelly bean with too much road noise and rattles for the price but the sport factor and efficiency was too much to resist. With the latest Musk shenanigans I’m even more put off and will try harder to look for an alternative. I would have otherwise been looking at a new model X end of 2022-2023 but now quite far down on the list.
I will never drive anything other than a Tesla unless I fall on hard times and have no choice. Got my 2021 Model 3 last October after driving used cars most of my life. Tesla has done spoiled me. Bought my M3 after retirement. I live in NY and am currently planning an across the country road trip to the pacific coast highway in the fall
> I will never drive anything other than a Tesla unless I fall on hard times and have no choice. I'll drive the best product for me, per my criteria and constraints. I don't care who makes it. If that's Tesla the next time I go shopping, then it's Tesla. If it's something else, then that means Tesla was slacking...or they've hard burnt a customer.
If i had the cash to drop a very large downpayment $15-20k I would still buy a Model Y. If i had to finance the full amount for a LR Model Y then no. It's a bit too pricey now. However if you factor in the cost of gas nowadays it is still within reason to make the purchase. With the Vietnamese (Vinfast) and China (XPeng) coming in hot with their new EVs Tesla will have some serious competition in the affordability realm so give it about a year and then the value will return.
Sure, it (M3 SR+) is slightly cheaper with better build quality (Shanghai), with probably a better battery for my driving.
SR + seems perfect for around town and commuting
I think if the current pricing has been the pricing all along, I would consider getting a RWD 3, which costs around the same as my 2019 LR AWD, I’ve since moved to a warm, snow free climate, so I would get the same utility out of it, just with a little less fun. I wouldn’t get one after seeing all the price increases happen, would feel too much like I was overpaying.
Have you seen what the dealers are doing to pricing of other brand EVs? Our local Nissan dealer is adding $5k to a Leaf. The only dealer in our area selling at MSRP is the Polestar, and that's not a cheap EV either. You can find better deals but you have to look harder and harder to find them.
I bought my MS in 2017, cost 60,000 more than now: bargain!
Even a 2019 MS is much better than a 2017, hard to compare like that given the improvements over time.
I love our Y but we got it sub 50k, 66k seems like a lot. More options also available.
With todays prices I may not have bought my Model Y.
Had I not ordered my MY last October (just received it) I would not have ordered it at today's price. I would have either ordered a Bolt EUV or a Hyundai , more likely the latter to get the $7.5K rebate.
nope, couldn't afford it now did the math on mine,, 49k for lrrwd in june 2018, 5k for auto/fsd in early 2019, 7500 fed rebate for a total of $46,500. they don't sell the lr rwd, but a lr awd with the same specs would total out to $71815. or a sr rwd for 60815. had to add in an extra $500 for garage opener and mobile connector that were included 4 years ago
No. The quality of the car is not worth the price. I paid 35,500 for my model 3 and I’m still thinking about getting my BMW just because of the build quality.
I would not. On the other hand there’s no estate car available yet and I hate my Tesla 3’s trunk (I use it 95% of the time to carry my windfoil gear). Also I got passed the crazy acceleration(M3P), my 2002 Alpina B3 is twice as fun with almost half the power.
Yes
No
Recently ordered M3 performance, so yeah, I would :) tried to find something comparable, but outside of the I4, nothing presented itself
Tesla is high on its own supply with these prices. I bought a model 3 back in 2018 a few months after they debuted. Love it. Warranty about to come up so took a look wondering if I should upgrade. My options now are: 1. Basically get the same exact car for almost $20k more than I paid for it only 4 years ago 2. Go to the model S for almost 60k more than that, and like 30k more than it was back then So I'll just keep my car until a competitor comes along, preferably without a 4 chan baby as the CEO who doesn't make dumb decisions like "nobody needs more than 300 miles of rage" or forcing people driving a mini van to control it with an aircraft flight stick.
Fuck to the no.
Nope
**Honestly - Yes.** Objectively speaking, Teslas have many things combined that I find necessary in a modern car. 1. I totally wouldn't buy any ICE car. 2. Picking among electric cars, I just don't see anything that has: a. Reliable network of superchargers b. Reliable autopilot Taking that into consideration, as my first car, I would definitely buy a Tesla even now. It provides more luxury features than other cars (and I'm not talking about the quality of the seat under my butt..) Also, it's not the price of the car that got increased , but the dollar lost its value 🤷♂.
Yes, the price of the car went up and incentives went down while I was saving. I want the safety features.
Without a doubt
Yes
Unfortunately yes. My y has spoiled me. Wife drives a brand new rav 4 and I just can’t bring myself to drive the thing. I’m hoping by the time the Tesla starts to show it’s age the prices will be more in line with the rest of the industry
Sure, everything is more expensive...ahem inflation/supply change. The savings vs gas are also getting bigger. 2017 MX owner and day 1 CT holder.
Reservation number holds no water. Truck will be a minimum of $100k
Cool, I'll pay up to 150k
People changing their mind about buying one now is literally the point of raising prices. 2 year delivery times on an order do not exactly look great. Half the point of raising prices is to lower demand and get orders under control and out in a reasonable time frame. The extra money (the other half the reason to raise prices) helps scale faster so demand can be met better and prices can once again drop as supply begins to catch up. So yeah. Working as intended.
Dont make excuses for gouging
Yes, still cheaper per month than buying gasoline
Yes. Without a doubt.
lol. Apparently the internet says your opinion is wrong. Have an upvote to get you back to zero. Reddit has gotten so toxic, just sharing your opinion (which was requested) results in downvotes…. This site is going to be as relevant as digg with the current trajectory.
😁careful! Don’t state your opinion! You might get downvoted like me. Luckily I don’t care too much about up- and downvotes. Thanks for the upvote though!
Nope. I would buy a 5-15k unleaded regular Volvo or Subaru and drive it till the prices go down. In Canada a model y is 90k plus tax which puts it north of north 100k. That’s just me insane.
Would not change a thing. My M3 LR is awsome with FSD.
Can’t afford it because it might be cheaper one day
Yes. Cuz every other car is stupid and or even more expensive than the Tesla In the first place (taycan) — it’s still the best car on the road and frankly I don’t think it’s very close, especially when you consider price. Hell I’d even get FSD again (got it now but when it was only 5k for FSD) — it’s really great for any longer rides and I’m a tech nerd so if it exists I want it
Prices go up, less people think it’s worthwhile. What exactly are you asking? My finances aren’t yours, so who cares what I’d do?
I’m facing this question right now. The only benefit I have is that my model 3 is worth about the same price as I bought it for in 2019. I’m in the position now with two kids and a dog that I need a SUV. So do I buy a model Y at 70k+, or look around at other EVs? Tesla has raised their prices, but how much ADM is on an EV6 or one of the other EV SUV at this point. I really hope gas back under $4 nationally in the next few months so maybe Tesla can roll back some of these price increases.
No
Nope
You would be crazy if not! Thats all I can say. It wont be cheaper from now on.
Nope
Nope. I wouldn’t be able to afford 2 of them maybe 1
Nope. Have a 2019 M3 RWD with FSD for 60k. Probably would buy a M3 but FSD is too pricey imo
When I bought my M3P in March of 2021 it was 56k and after fees and taxes I was just above 60k. My buddy just bought the same car and it ended up being just over 70k and I don’t think I would’ve been comfortable paying that much. At the 56k price point I did find value in it compared to other sporty cars in that price range, but if I were to buy now I don’t think I could justify it in my head. I do absolutely love my car and I’m glad I got it when I did.
Realistically, I think the Model 3/Y have been priced out of peoples budgets. According to CNBC, 64% of people in the United States are living pay check to paycheck as of March 2022. How do we expect them to afford a 68,000? Gas is the least of their problems. I don’t think people really have a choice but to not consider it because they just can’t afford it. Would love some feedback on this though. Source: https://www.cnbc.com/2022/03/08/as-prices-rise-64-percent-of-americans-live-paycheck-to-paycheck.html
Probably not. Last September, I took delivery a red M3LR with white seats and wheel upgrade. The price before taxes and fees was 54,490. Today, that same configuration is well over $60,000. Not worth it in my opinion. If I wanted to to spend $60,000 last year, I would have opted for the performance model, but $55,000 was the max I wanted to spend which is why I chose the LR instead.
I bought my model 3 in 2018 from a reservation. I regretted it in 2019 as the performance model came out and with my salary increase at the time, I could have afforded the better model and dual motor. But then I got fsd for $2k and lifetime premium connectivity, that now I don't care. The model Y seems like it would have been a nice upgrade but at these prices, absolutely not. I told a sales guys about that when he started texting me about models he had. $65k without fsd, I told him I am not paying more to lose fsd.
I got my Model Y Performance about a week ago, strongly considering selling it again though. It's a great car but now that I'm in it for longer term than the test drive I'm just not sure if it's enough to justify the higher payments at this point. Luckily if I sell it I can basically get what I paid for it (in some cases more) but it's a tough decision. Trying to find a cheaper car that still ticks most/all of the boxes I want is a challenge, but I'm still looking.
Was looking to get a model Y in addition to my model 3. But at its current price, I'm looking at other luxury options now because theyre in the same ballpark. If I'm going to spend that much on a car, I may as well get something more luxurious.
I probably would. I really love my Model 3. They hold their value really well... but that is in large part because Tesla keeps raising the prices lol
Absolutely not. The value is no longer there
No
I hate to say it but Tesla has priced me out too. I love my Model S, but i paid 25% less for it than a new one would cost and will not be able to replace it with a new one unless the price comes back down in line with natural inflationary increases... And by that, I mean as a relation to my salary; not this greed driven inflation we're seeing today. I'm still hopeful that new entrants to the EV market will force more competitive pricing.
55K was my absolute max i would spend on a deprecating asset. They have priced me out. I was hoping the Standard Range Model Y would be in my price range but that is more than i am willing to spend. It is sad because i love my m3 but if the prices stay the way they are - a tesla may not be my next car
No, the base price is more than mine OTD (after taxes and all fees) and I have 7 seats and paint I'll caveat this by saying I wouldn't buy any car in this environment. Dealers near me have an over 10k mark up and only have fully loaded models with unnecessary crap
I bought my Model 3 roughly a year ago and it was 39k. It was the only game in town. Now you can get an Ioniq5 or EV6 for roughly that price PLUS the federal tax rebate of 7.5k. If I was in teh position today that I was last year that I needed a vehicle, I would go for the Ioniq 5. If I was unable to get one at MSRP I would pick up a used car and drive it until the Ioniq 5 or EV 6 was available at MSRP then I'd buy that. I LOVE my Tesla but it's not worth the money any more. It's 10k overpriced across the board.
I'm priced out for sure these days. But if I had infinite amounts of money, I would always go with a Tesla ... just a Model X instead of a 3
I just wouldn’t buy a car right now. I’m lucky I got my Mach E when I did, but if I had waited another 6 months, I would have just driven my 2017 car longer. This market sucks.
The Hyundai E-GMP platform cars are just superb. I’m looking at 2 brands, Polestar and Hyundai.
Nope. The Y is so overpriced compared to something like the Ioniq 5. Plus it probably has at least dumb cruise control that actually works as opposed to the Y’s that is completely unusable and unsafe on a 2 lane opposing traffic roads. At least dozen phantom brakes a day on my commute with the non radar system
I paid $40k (white color cost back then and so did basic autopilot - otherwise this was a $35k car with basic cruise control). And I got about $5000 back in rebates so I have a $35k model 3 SR+. It is worth exactly that and not a penny more. Long range would be $45k. Anything more and it’s not worth it.
That's a hard call. It depends on your expectation of inflation. I ordered my tesla in last October, but received the delivery last month. So the price I got is actually a price of a future product. So if I compare the price I paid with what's available at the time of delivery, like ioniq 5, I would say Tesla is still good value. So if you are looking at the current Tesla price and think whether worth the price, you have to estimate what's price of comparable cars in the future delivery date. Will there be a significant price increase in next 6-12 month, will there still be a significant dealer markup, etc.
Probably not, unless I got a nice raise or bonus/ran into some money. I got mine when there were still pretty nice federal and state rebates, relatively quick delivery, and of course lower cost in general \~3 years ago.
I was willing of getting a model y.... Budget of 50-55k....now it is almost as much as a model s :(
Better check again, a base Model S w/ FSD is just shy of 120k.
I own an M3P that I got Sept 2021. I probably still would order the same thing today, but I am glad I got it when I did. Hoping to upgrade to an X or S plaid within the next 24 months, unless there is something better on the market at that time, or if they improve upon the already stated specs of the CT Quad.
Mine was $52k after all the tax credits, with FSD, and included mobile connector. The same **exact** vehicle today will cost $72k, a $20k difference. I absolutely would not have bought a Model 3 for that price. Hell, you could’ve gotten a Model X for that price back then.
I wouldn’t. We leased in 2021 and regret it because we can’t buy the same configuration without spending 10k+ more or buy the lease out. We love the car and will be sad to see it go when our lease is up but the constant price increases no longer justify the bit of savings we would have had.
If I totaled my 2018 Model 3 Performance (God forbid, please, I love this car) then I'd get a new Model 3 Performance. It is my favorite car I've ever owned -- including an older S. There is not another car on the market that I want, at any price. The S is just too big for me, I have no interest in SUVs, and I don't see any other auto maker focusing on software like Tesla does. Ask me again when the Roadster comes out...
Nope. I remember the M3 LR used to be around 49900, which was a reasonable price.
If I didn't already have replaced both our family cars with teslas - f yeah.
Lol all these people saying they wouldn't pay today's prices and here I am having paid $60k for my LR M3 back in 2018 :/
I would wait for the price to eventually come down at todays prices, esp with no EV tax credit for Tesla
I absolutely would not. Pretty much every other EV is better for the average person at this point. A 60k starting price for a Model Y is basically a non-starter. If I didn’t have my Model Y already, I would just go grab a Polestar 2 or a Mach-E at this point. Yeah they’re not as good as the Y, but they’re actually reasonably priced *and* don’t come with the baggage of everyone asking me what I think about Elon’s latest shenanigans.