OT: Electric vehicles

Jtung230

Heisman
Jun 30, 2005
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Tesla is offering a promotional 0.99% APR on the Model Y until the end of the month. We are still a few months away from needing to trade in my wife’s suv, and I was planning on shopping around, but not sure there’s a better suv deal out there right now at these prices. I’m thinking they continue lower into the fall and will buy one then.
since they use the dynamic pricing model, I would wait for quarter end when they need to boost numbers.
 
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mildone_rivals

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Dec 19, 2011
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Tesla is offering a promotional 0.99% APR on the Model Y until the end of the month. We are still a few months away from needing to trade in my wife’s suv, and I was planning on shopping around, but not sure there’s a better suv deal out there right now at these prices. I’m thinking they continue lower into the fall and will buy one then.
Does Tesla accept trade-ins?
 

mildone_rivals

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Dec 19, 2011
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Yes they do
Just realized you had said “trade-in” in your earlier post. I should’ve read more closely, sorry.

How does Tesla determine the value of a trade-in? Presumably you have to bring the car to a service center or something so they can at least look it over, yes? I’m wondering how you determine which is better, a trade or a private sale.

The traditional dealership approach is they inspect the car (often very quick if the dealership was servicing the car all along) before offering a trade-in value (which is negotiable). So we negotiate the best value, factor in tax savings, then compare that to what we think we can do in a private sale. But Tesla obviously doesn’t follow the traditional dealership model.
 

Rutgers Chris

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Nov 29, 2005
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Just realized you had said “trade-in” in your earlier post. I should’ve read more closely, sorry.

How does Tesla determine the value of a trade-in? Presumably you have to bring the car to a service center or something so they can at least look it over, yes? I’m wondering how you determine which is better, a trade or a private sale.

The traditional dealership approach is they inspect the car (often very quick if the dealership was servicing the car all along) before offering a trade-in value (which is negotiable). So we negotiate the best value, factor in tax savings, then compare that to what we think we can do in a private sale. But Tesla obviously doesn’t follow the traditional dealership model.
Wrong choice of words on my part anyway, her lease is up, so no trade in. Last time I had a trade in- I could accept their offer via online tool or get one via Carfax that they would match. I don’t think they do the latter anymore .
 
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mildone_rivals

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Wrong choice of words on my part anyway, her lease is up, so no trade in. Last time I had a trade in- I could accept their offer via online tool or get one via Carfax that they would match. I don’t think they do the latter anymore .
Gotcha.

Having a lease is probably a good thing right now because your lease terms would’ve been set prior to (at least some) price cuts. So, while your monthly lease payment wouldn’t have changed to reflect the price cut, on the plus side you won’t be negatively affected by a market-adjusted lower trade-in or private sale value.

I wonder if Tesla gives customers some kind of price-protection if they trade-in a car that was purchased prior to price cuts that lowered the market value? That would be a nice customer retention thing to do.
 

mildone_rivals

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That's appears to be a misleading chart. Possibly highly misleading.

Autopilot can only be used under certain conditions, right? So it looks like the chart is comparing a constrained driving mode in Autopilot (largely highway driving in a single lane) to ALL driving everywhere when not using Autopilot.

I mean, of course the single lane driving on the highway has less accidents per mile driven compared to city driving. Unless the chart uses only apples to apples driving conditions, it's a totally useless chart.
 
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Gotcha.

Having a lease is probably a good thing right now because your lease terms would’ve been set prior to (at least some) price cuts. So, while your monthly lease payment wouldn’t have changed to reflect the price cut, on the plus side you won’t be negatively affected by a market-adjusted lower trade-in or private sale value.

I wonder if Tesla gives customers some kind of price-protection if they trade-in a car that was purchased prior to price cuts that lowered the market value? That would be a nice customer retention thing to do.

I am still toying with getting an Ariya. They are running 18 month leases now which seems ideal to try out an EV. I just can't seem to get myself to pull the trigger.
 

mildone_rivals

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I am still toying with getting an Ariya. They are running 18 month leases now which seems ideal to try out an EV. I just can't seem to get myself to pull the trigger.
Interest rates (money factors on a lease) suck at the moment. Unless Nissan’s offering a special lease rate, I’d maybe be more inclined to buy in cash and then sell or trade in 18 months or whenever.

Also, the acquisition fee is probably the same on an 18-month lease as it would be for a 60-month lease or a cash purchase. So in per-month of ownership numbers, a short lease’s up-front costs are kind of a hidden increased cost versus a longer period of ownership/lease period.

Something to consider although you might not care about that.
 

mildone_rivals

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All this thread does is make me happy to have not purchased an EV.
I dunno. An Audi RS e-Tron GT looks pretty good. Saw an e-Tron GT on the road yesterday, moving very fast, and it was beautiful. I’m not really a sedan person. But if I was, the e-Tron GT would be on the list.
 
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Roy_Faulker

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I dunno. An Audi RS e-Tron GT looks pretty good. Saw an e-Tron GT on the road yesterday, moving very fast, and it was beautiful. I’m not really a sedan person. But if I was, the e-Tron GT would be on the list.

Oh - gosh if I had unlimited budget and the garage to store my toys haha :)
 
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RU05

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Jun 25, 2015
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All this thread does is make me happy to have not purchased an EV.
Why is this?

My condo set up doesn't make for a good EV situation, so I don't own one, and there are other situations where I can see it not being ideal, but I don't see the negative's to say "I'm glad I didn't buy one".

Though I do think waiting a few years will allow one to see vast improvement in technology and infrastructure.
 

rurahrah000

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Aug 21, 2010
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We have a couple of Tesla’s. We also need to have an ICE for long drives. The updated FSD is much improved and almost worth splurging on. However, there are still a lot of flaws that need to be improved. If Tesla can keep improving it, then it will definitely become a must buy.
 
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RU05

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We have a couple of Tesla’s. We also need to have an ICE for long drives. The updated FSD is much improved and almost worth splurging on. However, there are still a lot of flaws that need to be improved. If Tesla can keep improving it, then it will definitely become a must buy.
Which of course they will.

Bigger question is can other car companies catch up? Which I figure they will eventually, but does TSLA have such a lead in terms of tech and data that their lead continues to grow for the forseeable.

This discounts BYD. Sounds like they'll have plenty of data collection, and a home court society more willing to allow real time experimentation.
 

Jtung230

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Jun 30, 2005
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I think all EVs should have V2L capabilities. I know Tesla is trying to sell battery walls so they won’t make it available. But all other EVs should.
 

imoapie

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Sep 12, 2006
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All this thread does is make me happy to have not purchased an EV.
Weird, love the lighting. Even more surprising is that now my wife battles me to drive it. I will keep saying it, if you have home charging and don’t drive more than 200 miles a day, an EV makes a lot of sense. Yes I miss the roar of an engine sometimes but slamming the gas pedal brings a smile every time too.
 
Jul 24, 2001
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Interest rates (money factors on a lease) suck at the moment. Unless Nissan’s offering a special lease rate, I’d maybe be more inclined to buy in cash and then sell or trade in 18 months or whenever.

Also, the acquisition fee is probably the same on an 18-month lease as it would be for a 60-month lease or a cash purchase. So in per-month of ownership numbers, a short lease’s up-front costs are kind of a hidden increased cost versus a longer period of ownership/lease period.

Something to consider although you might not care about that.

One, the lease deals on the Ariya's are really good, if you find a dealer willing to play ball. I have one. You can do a Ariya Engage+ (one step below their Platinum) for like $350 a month with nothing down at signing other than first month's payment. The discounts and interest rate make it attractive and I am not sure all the rebates carry over to purchase, just for lease.
 

mildone_rivals

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Dec 19, 2011
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One, the lease deals on the Ariya's are really good, if you find a dealer willing to play ball. I have one. You can do a Ariya Engage+ (one step below their Platinum) for like $350 a month with nothing down at signing other than first month's payment. The discounts and interest rate make it attractive and I am not sure all the rebates carry over to purchase, just for lease.
Gotcha. That's why I said you might not care.

Some folks just prefer the simplicity of shopping for the lowest monthly lease payment and don't delve into or care about the total cost of ownership and so forth. Especially if leasing through a business.

I tend to hold onto cars at least for the warranty period. So I prefer to buy, especially if buying a low-depreciation car, and then take advantage of the trade-in tax advantage, which, depending on the price of the cars in question, can be substantial.
 

Knight Shift

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May 19, 2011
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Tesla sounds like a disaster to deal with to buy a car.

My husband and I wanted to work with Tesla’s new South Burlington, Vermont, Tesla Center because it’s an easy 1 hour 20 minutes drive away. However, it’s not handling lease returns or new car deliveries yet.
The fledgling team at South Burlington doesn’t know when lease returns or new car deliveries will start. They told me, “Could be weeks, could be months.”

Anyway, we had to do the thing that Vermonters have had to do for years, which is drive five hours south to the Tesla Center in Paramus, New Jersey. That’s because New Hampshire doesn’t have a Tesla Center, and Massachusetts doesn’t allow out-of-state car pickups.

But first, I had to go through the leasing process on the Tesla app. Spoiler: It wasn’t good.

The app first suggested a delivery date that we simply couldn’t attend – driving to New Jersey and back in a day is a 12-hour day. So I repeatedly called Tesla customer service to make alternate arrangements, and no one answered the phone. My favorite part was the robo recording voice that said, “We care about you” then said goodbye. What a time suck.

Tesla then canceled our car because we couldn’t confirm the delivery date on the app (or speak to a human on the phone, or by email or text, because the company is now short-staffed).

We arrived for our 3 pm appointment. The Tesla Center reps were completely open about how layoffs have affected them and wanted me to share what they said:


We were left alone here [no layoffs] because we’re a major distribution center. But Springfield [NJ] got wiped out. Sometimes some of us go down there to help them.
We want you to share that everyone’s morale is low. We are overworked and understaffed, and we feel sad for our friends who were our colleagues who lost their jobs. This has been really, really bad.