Tesla Model Y

You are correct and the Ioniq 5 owner above would need to recalculate/reassess the cost to change in the event of that happening. While it will impact used price of all EVs it would be difficult to know to what extent. However, if Tesla does disrupt the market further, it will also significantly impact the value of used Ys.

The other thing Tesla could do as a market disruptor as an unintended consequence of significant price drops is leave those who purchased EVs (including Teslas) through finance in negative equity. Not an issue if you don't change cars often but a headache if you like to change cars frequently or get into diffculty with payments. Even cost to change to another Tesla with price reduction becomes problematic.

Another unknown factor (because it is pretty unprecedented- in living memory at least) is how much the market would respond to a number of consecutive price drops and significant increase in volume. In other words, at what point do Tesla stop dropping the price (even if they can afford to go further due to their profit margins and lower costs of production). Am sure Tesla has factored all of this in. Interesting times!!

Not necessarily. If you go with a 100 per cent finance deal or one with a relatively small deposit then yes. However, if you put in a decent sized deposit then usually not.

If you factor in standard depreciation over a year is 20% (then you have to factor in interest rate unless you have a 0% finance rate) then that will give you the cost over the first year. You then are making your monthly repayments over that period so the equity decrease is also somewhat offset by that and the deposit you have put in.

The other way of looking at it is that whether you put in a big deposit or small one or are buying with cash, a significant price decrease a month or year later on the car you bought new won't be a welcome thing or healthy on your finances.

Hello everyone,

Just ordered my model Y and hoping to be an owner soon. The guy at the dealership told me that this April-May delivery might slip into June but of course, there's no exact date at the moment. I have ordered RWD with only extra apart from paint -> induction wheels. I think it is not a sophisticated configuration but do you think that might affect the delivery dates?

That's a pity. I have ordered black RWD model Y with April/May. Suppose its probably fair to let it go the next person on list as long as Tesla do that!

You see that's not quite what happens. I remember from Model 3 deliveries in the last few years, cancellations going to people who ordered months later than others. The whole process seems a bit of a mess. And of course during the shortage of cars in the last few years, plenty of people took delivery and then drove straight to grey market dealers who offered them up to €3k over list price. Handy money 😂 but a big risk of course.

No idea what they do if I'm honest. Comes over as chaotic to me.

I hope you're not looking for anything more than your deposit back, otherwise no better than any scalper.

So if someone buys something and a while later it is worth less, that's grand, you'll have to sell for less. But if it is worth more, you can only sell it for what you paid for it? Seriously?

Last time I looked we live in a free market where a price is determined by supply and demand. Anyone selling anything for less than the market value is either a fool or a philanthropist. Or a communist. Which one are you? 😂

Nail on the head. Do what suits you and if you make a few quid well done you.

How can he afford two model y unless he on some high pay package with the boards as a moderator.