Tesla Model 3

[Eagle]

Would have been great to know what Volkswagen was doing with these damn TDI's so I could make this decision with a clear conscience...

 

[EmersonHart13]

I was tempted... I chose to pass though as I have a hard time not knowing what I am putting money against and when it would arrive.

 

[Eagle]

Just have to go on blind faith... and they're rewarding you with position in line to get one when they come in what.... 2017?

 

[jason05gt]

I was tempted... I chose to pass though as I have a hard time not knowing what I am putting money against and when it would arrive.

How do you put a deposit down? The car debuts later tonight.

From what I've read, it's a $1,000 refundable deposit.

 

[EmersonHart13]

How do you put a deposit down? The car debuts later tonight.

From what I've read, it's a $1,000 refundable deposit.

When the dealerships opened today you could walk in and put one down. Which got you earlier in the line as well.

I know it is refundable but even after tonight we still won't know exactly what we are getting.

Just have to go on blind faith... and they're rewarding you with position in line to get one when they come in what.... 2017?

I think current tesla owners might get one in 17... that is if the car stays on time and the X did not.

I'd guess the rest of us, dealership or not, won't see one until 18.

 

[Eagle]

I learned from my boss's experience that getting in early on a Tesla isn't always the best idea. Their cars are released like software, multiple releases within a single calendar year. I wouldn't want to have first dibs on a Model 3 just yet until they've released a few updates.

 

[EmersonHart13]

Mike K says they are good about upgrading and updating early cars so those problems are erased. But you still do have to deal with the aggravation.

Launch year cars are not always desirable, except if you want that prestige!

The difference here is if you get an early one the tax credits might still be around and that is a good chunk of change!

http://bgr.com/2016/02/12/tesla-model-3-price-7500-tax-credit-expire/

Tesla earlier this week confirmed that its highly anticipated Model 3, set to be unveiled on March 31, will in fact debut with a sticker price of $35,000 before incentives. With the $7,500 federal tax subsidy taken into account, interested buyers will be able to pick up a Model 3 for $27,500. What’s more, additional tax credits in certain states will lower the purchase price by even more.

While that all sounds great, it’s worth noting that the aforementioned $7,500 tax credit won’t be available in perpetuity. Rather, the law governing EV tax incentives dictates that the $7,500 tax credit will expire once a car manufacturer sells 200,000 eligible vehicles in the United States. Following that, the tax credit drops down to $3,750 for six months and then to $1,875 for the next six month period.

In other words, only buyers who pick up a Model 3 before Tesla sells its 200,000th vehicle in the United States will be eligible to get the cheapest deal. This of course begs the question: when will Tesla reach the 200,000 sales threshold in the U.S.?

Unfortunately, Tesla doesn’t break down sales figures on a country by country basis, but Fred Lambert over at Electrek did a little bit of math and put together some interesting projections regarding when Tesla is likely to reach that milestone.

By estimating U.S.-based sales as being about 40-50% of global sales – a reasonable assumption – Lambert finds that the 200,000 threshold will be reached sometime in 2018.

“That means that for most of 2019 Tesla buyers won’t likely have much federal incentive to buy cars,” Lambert writes. “By 2020, the Federal Subsidy will have run out.”

Put simply, if you’re interested in the Model 3 and want to get it at the cheapest price available, you’d be well advised to get your order in as soon as possible. As we detailed earlier in the week, pre-orders for the Model 3 will begin on March 31 will require an in-store reservation along with a $1,000 deposit. Starting on April 1, reservations will be available online.

Notably, the $1,000 deposit is the cheapest deposit Tesla has ever implemented and it therefore stands to reason that pre-orders for the Model 3 will incredibly high.

An official release date for the Model 3 hasn’t been announced yet, but we do know that deliveries will begin in late 2017.

 

[Eagle]

That's not entirely true. He has a 85+ that was decked out when he ordered, they released better suspension components just as one example, which are not able to be swapped for the newer improved part(s).

As far as the actual software of the car and their service in general, YES, Tesla's service is damn near second to none. The software updates occur often from my understanding. But they can only do so much in terms of the physical components of the car.

 

[Bru]

Just have to go on blind faith... and they're rewarding you with position in line to get one when they come in what.... 2017?

Probably closer to early 2018. Production isn't scheduled to start until late 2017 and that's if they aren't delayed. They're rolled out on the West Coast first.

 

[Eagle]

That's a long time to part with $1,000 not knowing at all what you're actually going to get....

 

[Bru]

Today is only part 1 of the introduction, and part 2 will have more details closer to the production date.

 

[Eagle]

At $1k - I bet they're going to get SLAMMED with orders.

 

[EmersonHart13]

That's not entirely true. He has a 85+ that was decked out when he ordered, they released better suspension components just as one example, which are not able to be swapped for the newer improved part(s).

I know and that isn't what I meant.

 

[Formula_LS1]

Pre-order placed

 

[Eagle]

 

[Eagle]

Did they have you choose options Phil?

 

[Formula_LS1]

Nothing just basic info for credit card. Didn't even print anything out. They said they'll email within 24 hours to confirm

 

[Eagle]

Well that sure was was anticlimactic !

 

[Formula_LS1]

Lol yeah literally took like 2 minutes

 

[Eagle]

This is like a stock offering almost at this point in the process. Think if they get 5000 preorders (low at just 1k IMO) that's $5,000,000 in the bank for Tesla.

 

[Formula_LS1]

Yes exactly. They didn't have total numbers of pre-orders yet. Said only 200 so far where I went (Old Orchard)

 

[Eagle]

Only. At one location. Lol

Good stuff.

I'm tempted. Waiting til 730 tonight.

 

[Eagle]

When do you get the tax break $? Upon delivery?

 

[Formula_LS1]

I'm pretty sure it's through your tax return

 

[SHARKBITEATTACK]

Wow, I was not aware that once 200,000 vehicles are sold the you no longer get the full subsidy.