Where is the £30K model 3?

Where is the £30K model 3?

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Discussion

Pistonheader101

Original Poster:

2,206 posts

114 months

Tuesday 22nd October 2019
quotequote all
Was all over the news last year that the model 3 would be c.£30k on release.

Lowest I’m seeing Is £45k. Anyone know?

SWoll

19,167 posts

265 months

Tuesday 22nd October 2019
quotequote all
You must be looking in the wrong place. SR+ is £38,500 after the government grant.

The new Corsa-E is an almost £30k car so should be no surprise the Model 3 didn't manage it.

Fastlane

1,262 posts

224 months

Tuesday 22nd October 2019
quotequote all
In the US, it was supposedly $30k, and they are still waiting. They are selling every one of them even at the higher prices. The Model Y will be even more expensive, although not by much apparently. The stock market is already saying the Model 3 is cannibalising sales of the more expensive, and higher margin, X & S, so it makes no sense to drop the price sub £/$30k anytime soon.

Zcd1

494 posts

62 months

Tuesday 22nd October 2019
quotequote all
Fastlane said:
In the US, it was supposedly $30k, and they are still waiting.
It was actually originally quoted at $35K, not $30K, and a version was briefly available to order, in-store, not on-line, for $35.9K. That version is still available, in-store, but has gone up about $1500. The SR+ is another $2500, and the market has decided it's worth the extra $$$.

Fastlane

1,262 posts

224 months

Tuesday 22nd October 2019
quotequote all
Zcd1 said:
It was actually originally quoted at $35K, not $30K, and a version was briefly available to order, in-store, not on-line, for $35.9K. That version is still available, in-store, but has gone up about $1500. The SR+ is another $2500, and the market has decided it's worth the extra $$$.
The original "affordable" Tesla/Model E was quoted as $30k, see here:
2008: https://www.engadget.com/2008/06/30/tesla-motors-e...
2011: https://www.greencarreports.com/news/1053971_tesla...
2013: https://www.extremetech.com/extreme/156959-elon-mu...
2014: https://www.geek.com/news/tesla-will-launch-a-3000...

Dave Hedgehog

14,686 posts

211 months

Tuesday 22nd October 2019
quotequote all
Zcd1 said:
Fastlane said:
In the US, it was supposedly $30k, and they are still waiting.
It was actually originally quoted at $35K, not $30K, and a version was briefly available to order, in-store, not on-line, for $35.9K. That version is still available, in-store, but has gone up about $1500. The SR+ is another $2500, and the market has decided it's worth the extra $$$.
That price was also before tax / vat

gangzoom

6,776 posts

222 months

Tuesday 22nd October 2019
quotequote all
Fastlane said:
In the US, it was supposedly $30k, and they are still waiting.
It was suppose to be $27.5K after the $7.5K federal incentive, no one in the US paid $27.5K for a Model not even close as by the time the 'cheap' SR Model 3 came on sale Tesla had way passed the 200K federal incentive limit for each brand, current its just $1,750, and will disappear next year.

https://www.wired.com/2016/03/sorry-dont-expect-te...

Otispunkmeyer

13,036 posts

162 months

Tuesday 22nd October 2019
quotequote all
According to a tear down by a German company, forget who but I heard it on a podcast that featured that sandy Monroe guy, Tesla could make the 30k model 3 but they’d need to be hitting production of 10k/week to do it.

Then again the likes of vw will hit such numbers on their ID3... and that isn’t going to be 30k either.

anonymous-user

61 months

Tuesday 22nd October 2019
quotequote all
Why sell them for less than they can get for every one they build?

Once they build large numbers and need to compete, the prices may change, relatively.

EVs in total are still a very small part of the overall market which is likely to remain so until general costs fall.

We don’t all have degrees in man-maths. wink

anonymous-user

61 months

Tuesday 22nd October 2019
quotequote all
It was cancelled. Even in the US they don't sell it, and they never even started manufacturing them. The few that have been delivered are higher spec models with a few bits disabled and they really hate selling them.

In the UK the cheapest one is over £40 all said and done (including luxury car tax).

Basically Tesla failed to hit their price point goal and gave up.

Pistonheader101

Original Poster:

2,206 posts

114 months

Wednesday 23rd October 2019
quotequote all
kuro68k said:
It was cancelled. Even in the US they don't sell it, and they never even started manufacturing them. The few that have been delivered are higher spec models with a few bits disabled and they really hate selling them.

In the UK the cheapest one is over £40 all said and done (including luxury car tax).

Basically Tesla failed to hit their price point goal and gave up.
Ah!

SWoll

19,167 posts

265 months

Wednesday 23rd October 2019
quotequote all
Finally got the answer you were looking for I see. smile

sjg

7,532 posts

272 months

Wednesday 23rd October 2019
quotequote all
It was a figure of $35k when announced in March 2016, which was reported as "sub £30k" (some saying mid-20s) by the UK press. £1 = $1.45 then. It's $1.28 now, and been as low as $1.20 recently.

Bit more on the $35k version here: https://www.theverge.com/2019/4/12/18307583/tesla-...

I think the $35k one is still available in the US but they don't make it easy to buy. It's exactly the same as the $37k one but with a software locked battery pack.

Zcd1

494 posts

62 months

Wednesday 23rd October 2019
quotequote all
kuro68k said:
It was cancelled. Even in the US they don't sell it...
This is not true.

$35,400 is the price of the current entry-level Model 3, available for purchase only by visiting a Tesla store, as verified by my Tesla sales adviser 3 minutes ago.

In the end though it doesn't really matter, because the value proposition isn't there when compared to the SR+.

Edited by Zcd1 on Wednesday 23 October 16:37

DragonflyTrumpeter

228 posts

104 months

Wednesday 23rd October 2019
quotequote all
SWoll said:
You must be looking in the wrong place. SR+ is £38,500 after the government grant.

The new Corsa-E is an almost £30k car so should be no surprise the Model 3 didn't manage it.
Looking in the wrong place lol, Musk promised a $35k model 3 and the cheapest is nowhere near that. £42k in the UK or circa $54k.

Or are you saying Musk never said there would be a $35k model 3? Quite what it has to do with a Corsa, I also have no idea.

sjg

7,532 posts

272 months

Wednesday 23rd October 2019
quotequote all
Tesla never said anything about UK prices.

At today's prices, $35000 = £27200. Add 10% import duty then 20% VAT on that and you're at nearly £36k, before the cost of shipping it here.

jjwilde

1,904 posts

103 months

Wednesday 23rd October 2019
quotequote all
DragonflyTrumpeter said:
Looking in the wrong place lol, Musk promised a $35k model 3 and the cheapest is nowhere near that. £42k in the UK or circa $54k.

Or are you saying Musk never said there would be a $35k model 3? Quite what it has to do with a Corsa, I also have no idea.
What? You can literally order the $35k model3 in the USA right now. It's just not available in the UK. Why do they need to sell it here when they can't meet the UK demand anyway?

Maybe you will see it next year if their sales drop in the UK but right now they sell every single car they make at the higher prices so I doubt you'll see a cheaper one any time soon in the UK.

DragonflyTrumpeter

228 posts

104 months

Wednesday 23rd October 2019
quotequote all
jjwilde said:
What? You can literally order the $35k model3 in the USA right now. It's just not available in the UK. Why do they need to sell it here when they can't meet the UK demand anyway?

Maybe you will see it next year if their sales drop in the UK but right now they sell every single car they make at the higher prices so I doubt you'll see a cheaper one any time soon in the UK.
Granted, you can order the wheelbarrow version model 3 with zero options for $39,500 in the USA just now. My apologies for quoting UK prices to the UK resident op.

I should take more care with my lies, like Mr Musk. And yourself, obviously.






SWoll

19,167 posts

265 months

Wednesday 23rd October 2019
quotequote all
DragonflyTrumpeter said:
SWoll said:
You must be looking in the wrong place. SR+ is £38,500 after the government grant.

The new Corsa-E is an almost £30k car so should be no surprise the Model 3 didn't manage it.
Looking in the wrong place lol, Musk promised a $35k model 3 and the cheapest is nowhere near that. £42k in the UK or circa $54k.

Or are you saying Musk never said there would be a $35k model 3? Quite what it has to do with a Corsa, I also have no idea.
So, just to clarify, if I chose to buy the cheapest Model 3 available in the UK today would I pay £38,500, £42,000 or £45,000 (+ £990 admin fees)?


John-9ey9e

43 posts

64 months

Wednesday 23rd October 2019
quotequote all
SWoll said:
So, just to clarify, if I chose to buy the cheapest Model 3 available in the UK today would I pay £38,500, £42,000 or £45,000 (+ £990 admin fees)?
The current cash price is £38,500 after the grant, which is applied by the manufacturer/dealer.

Just a wild thought - try going on Tesla.com and having a look? Takes 30 seconds to base spec a Model 3 and see price, if that.