Tesla Model 3 - V3.0

Most of the ads have not yet even readjusted to the Tesla reductions in used stock last December so it will take a while longer for them to be parked up before they lower the prices in line with 2023 new prices, assuming 3-4k depreciation per year.... I imagine they refresh their prices against their own market valuation tools monthly, informed by shared data on sales data, and then slowly bring them in line.

I don't think an SR+ 2019 is worth more than 33-34k max these days, say with <50k km. Four years of depreciation on a €46,782 base price (2019, including white and black) and typically lots of mileage. We are roughly at that price minus €2000 again in white, €45660 for a 231 RWD in other colours except red. The Irish market is small and pricing is conservative.

Since boards search function is terrible, I'm unable to find the posts that has the details of what needs to be in the email quoting the relevant section of distance selling rules for the deposit refund.

I know a few on here have successfully recovered their €250. Any help appreciated otherwise I may end up with 2 Teslas next month 😂

Thanks

I saw the price reductions yesterday and my first thought was I wonder if I should buy another! I have a 222 blue on white with the 19' wheels so you can imagine the difference in price between when I bought and today 😱.

I decided to see what Tesla would offer me for trade in with 10k Kms on it now. €29,300 is the number I just received. That's some depreciation (>50%) in less than 4 months. I was offered 46k for trade in in December.

Interestingly the model Y I originally ordered in late October has an estimated delivery of February 18th - March 6th while the model 3 I ordered yesterday has February 23rd - March 11.

Assuming that these estimates are fairly accurate, they must all be arriving on the same boat.

@Dasein , I seem to recall you had put a deposit on a 2021 black model 3.

What are you thinking of doing now?

A new 3, a new y? Rwd or LR?

Great options to have at the moment!

Yep - I have just formally cancelled it.

Not sure what to do now tbh, the whole thing is a bit crazy.

I think model Y LR (I need the range) is the sweet spot for me but I'll probably wait a month or two to see what the next big reveal is - if they're going to bring back radar then I'd be happier to wait for that.

Got my trade in estimate. Dec 2020 refresh SR+ with 20k km. Offer is € 27,200.00

So good luck with that.

Really hard to know what may happen in the next 6 to 9 months regarding pricing.

They may have just reduced prices for all of the built up stock they have to clear (along with the uss debacle).

Or maybe it's a more permanent thing to keep demand matching supply.

I don't think any other brand could make such massive pricing reductions and still make a profit.

The model Y RWD is a great example;

- Up to Oct 22 - approx €65k

- Oct 22 - Drop to €53k (including grant)

- Jan 23 - Drop to €46.5k (including grant)

Nearly a 20k drop in 4 months!!

Anyone considering an ionic 5 / ev6 / id4 etc would be crazy not to consider Tesla now imo

Seems a bit short sighted of Tesla to give such a low ball valuation. I can understand that they want/don’t want stock at different times but they also have a big influence on the used tesla market rates here. Obviously a 2022 M3 would take a hit after yesterday but it be better for Tesla in the long run to influence this price drop rather than watching it free-fall. I’d suggest something in the region of €38K+ would be nearer the money. Independent used car dealers with a few Teslas in the yard are going to be really spooked after yesterday. Tesla trade in values like this will fuel this fire. If you’re happy with your 222, you’re as well to just keep it for a couple of years and let the depreciation level out.

Wow 😳.

the product is amazing, but Tesla sure are rinsing their loyal customers.

there’s a firehose of capacity coming from factories, & Q4 unsold inventory, which they can only shift with a massive sale price.

musk said on the Q3 investor call that they were still selling more cars that they could produce, which was clearly a lie.

used values falling can impact on PCP deals too because you have the guaranteed future value as part of the calculation

well the finance company guarantee the future value, if they drop those values then the repayments increase

ultimately the price drops are fantastic for the consumer and tbh I'm not sure if there's any "easy" way for Tesla to implement them - in time people will forget about how it was done and focus will return to the extraordinary value ... but that's easy for me to say, I was a week away from collecting a M3 LR that would be worth a good €10k less than I'd agreed to pay for it ...

Hi all.

Sorry to deviate from the current discussion but I was wondering if anyone could recommend someone in the Kildare/Dublin area to take a small dint out of a Model 3 door?

Someone decided to open their car door onto my car today. Luckily enough I saw it happen.

Thanks

This guy is based near Portlaoise but travels a bit, can be very busy with car dealer work. If you can get him, he is excellent and very reasonable pricewise. 083 834 6416