Tesla price cuts
Discussion
https://www.carmagazine.co.uk/car-news/industry-ne...
Quite big news
The Model Y is now c£42k for the basic one.
Quite big news
The Model Y is now c£42k for the basic one.
This was easy to predict.
You only have to look back a few weeks, they were trying to shift as many cars as they could (which is normal), and were dropping prices, adding free supercharger miles, and yet there were still plenty in stock.
So much so they extended the offer over into this year. That says they have too much stock.
If demand is softening (lack of Ultrasound sensors doesn't help), they predictably dropped the price. Note the higher APR now (6.9%) means the monthly is about the same.
You only have to look back a few weeks, they were trying to shift as many cars as they could (which is normal), and were dropping prices, adding free supercharger miles, and yet there were still plenty in stock.
So much so they extended the offer over into this year. That says they have too much stock.
If demand is softening (lack of Ultrasound sensors doesn't help), they predictably dropped the price. Note the higher APR now (6.9%) means the monthly is about the same.
Silvanus said:
Quite bold in a market where everyone else are putting prices up, especially considering how well the Y is selling. Wonder what's at play.
they have stockTesla's business model is based on chasing share price, to do this they need to hit increased targets every quater
they have often discounted stock cars near the end of the quater, I suspect this time they are accumulating a lot of cars and orders are down because of the economic down turn
page3 said:
It’s not really a reduction, it just less of an increase than 12 months ago.
Tesla pricing is like Amazon pricing.
Its definitely a reduction. £55k for MY LR when it was released, so cheaper now.Tesla pricing is like Amazon pricing.
MY SR cheapest price historically was £52k and now £45k
The model 3 was sub £40k 4 years ago but that was with £3.5k Govt grant so was still over £40k base price I think, so for M3, I guess you could say its not a reduction? Inflation adjusted though, it probably is.
Dave Hedgehog said:
they have stock
Tesla's business model is based on chasing share price, to do this they need to hit increased targets every quater
they have often discounted stock cars near the end of the quater, I suspect this time they are accumulating a lot of cars and orders are down because of the economic down turn
It will be interesting to see the registration figures for Jan, normally they don't register many cars, last year was 115.Tesla's business model is based on chasing share price, to do this they need to hit increased targets every quater
they have often discounted stock cars near the end of the quater, I suspect this time they are accumulating a lot of cars and orders are down because of the economic down turn
soupdragon1 said:
page3 said:
It’s not really a reduction, it just less of an increase than 12 months ago.
Tesla pricing is like Amazon pricing.
Its definitely a reduction. £55k for MY LR when it was released, so cheaper now.Tesla pricing is like Amazon pricing.
MY SR cheapest price historically was £52k and now £45k
The model 3 was sub £40k 4 years ago but that was with £3.5k Govt grant so was still over £40k base price I think, so for M3, I guess you could say its not a reduction? Inflation adjusted though, it probably is.
page3 said:
soupdragon1 said:
page3 said:
It’s not really a reduction, it just less of an increase than 12 months ago.
Tesla pricing is like Amazon pricing.
Its definitely a reduction. £55k for MY LR when it was released, so cheaper now.Tesla pricing is like Amazon pricing.
MY SR cheapest price historically was £52k and now £45k
The model 3 was sub £40k 4 years ago but that was with £3.5k Govt grant so was still over £40k base price I think, so for M3, I guess you could say its not a reduction? Inflation adjusted though, it probably is.
was that a bespoke model made just for you?
soupdragon1 said:
Its definitely a reduction. £55k for MY LR when it was released, so cheaper now.
MY SR cheapest price historically was £52k and now £45k
The model 3 was sub £40k 4 years ago but that was with £3.5k Govt grant so was still over £40k base price I think, so for M3, I guess you could say its not a reduction? Inflation adjusted though, it probably is.
yep im certain my M3 SR was 40990, sept 20. MY SR cheapest price historically was £52k and now £45k
The model 3 was sub £40k 4 years ago but that was with £3.5k Govt grant so was still over £40k base price I think, so for M3, I guess you could say its not a reduction? Inflation adjusted though, it probably is.
This company is a joke, imagine if you purchased one last month and instantly lost £8k overnight.
This will alienate a lot of existing customers I would suggest who are going to be hit financially by this all to try and sell a few more cars to try and keep the share price up which has already tanked another 5% today.
This will alienate a lot of existing customers I would suggest who are going to be hit financially by this all to try and sell a few more cars to try and keep the share price up which has already tanked another 5% today.
greggy50 said:
This company is a joke, imagine if you purchased one last month and instantly lost £8k overnight.
This will alienate a lot of existing customers I would suggest who are going to be hit financially by this all to try and sell a few more cars to try and keep the share price up which has already tanked another 5% today.
You think Musk cares?This will alienate a lot of existing customers I would suggest who are going to be hit financially by this all to try and sell a few more cars to try and keep the share price up which has already tanked another 5% today.
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