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Your reaction to the pricing change. (Poll)

If you were ordering your Model S now you would

A) Proceed with previously selected options or upgrade with new features and pay whatever new price
B) Reconfigure my optional features (downgrade) but still purchase Model S
C) Cancel my order.
D) Other

Please pick your option.

My own option would be B, btw

What I did was (B) because in the long run, I don't want to live with regret on a car I hope to keep for a long, long time, but I'm not happy about the choices I had to make.

B

A.

And add some of the new available options.

well its a difficult decision...unless... Tesla plans to keep increasing the price every month and the model S will become a "$300K Ferrari" in 5 years, then it would make sense to pay the additional >7% price of today as you will be able to sell it for $150k in 5 years, that will be a 50% revenue on your investment from today...but then it will also be capable of flying to Mars so hmm, not sure, maybe c)

B

Edited: added possible upgrade with new features to A and clarified that B means downgrade.

A for me, plus adding cold weather package and maybe sensors.

Of course, for me, I will be able to buy the car outright without having to finance it...

Mostly A but I did delete the leather dashboard and twin charger (added fogs, sensors and cold weather pack)
Not the least bit happy about the premium though)

No price chance In Europe - yet

I must be missing something. Can someone edify me on this? I configured a vehicle in the Design Studio to match the vehicle I took delivery of last month and the total price is $90,970. My vehicle price was $91,270. Did the cost of the car itself decrease while the options jumped? I have 85, Green, Tech, Pano, Sound, Leather, Air Susp, Shelf.
I know I am going to feel dumb when I get the responses, but for some reason I cant figure it out...

I'm watching a Model S become prohibitively expensive. I also have to factor in that the $US exchange rate has moved by nearly 20% since the car was supposed to be delivered in Australia in April this year. With the added taxes here on luxury cars every $1 over $77k adds $1.55 or so to the price. Additional price rises are not welcome and I fear that the model S will end up being another $200k car here. That will count me out, I'll keep my Porsche for longer. I want to go electric but there is a limit.

Mark E +1

@Jesse K - You probably didn't fully price out the comparable configuration then.. several things have been broken out into "new options" that were bundled into other options before. Tech package went down by $250 and lost the interior lighting features which is now a $1000 option, although it got a bit fancier in the process. The leather seats used to include the leather cabin trim which is now an option for an extra $2500 though the leather seats didn't get cheaper, plus the Wood trim used to be included and now costs $650. Upgraded sound system didn't change but is now priced at $2500 instead of $950... so if you go back through and check those items that have become extra cost options, I think you'll find a higher final ticket now for the "same car". The Tech package "lost" Xenon headlights and HD backup camera as those have become standard on all cars.. shifting more cost to the base car.

@jesse
Did you account for the fact that the configurator has subtracted 7500 from the actual price?

@Bighorn: +1, be sure to include...

And, important to weigh the cost savings against an ICE in decreased service costs too (no pumps, oil changes, fewer parts, etc.) and gas savings:
http://energy.gov/maps/egallon

It's an older website so some info is not up-to-date, but still shows significant savings: Tesla vs. other luxury carmakers:
http://teslarumors.com/Teslanomics.html

In my opinion, the price increase is absurdly high. Most people on the cusp of ordering a Model S have already made significant investments in time and money for this car. I drove 600+ miles (300 each way) to test drive the Model S. Now, I feel like I’ve been swindled. Today I feel like not purchasing the car at all!!

Generally, Tesla has always had a reputation of good faith – not anymore. I would have understood a price adjustment, but this is far beyond that. It’s like paying $8000 for parking sensors. I wish Tesla would have given us some notice that this was going to happen, as I may have confirmed my order beforehand.

I’m not really sure what I’m going to do now. Either not purchase at all, forgo some of the previously standard options, or go with a lower end model.

I agree with others that Tesla needs to give us a grace period to put in our down payment and confirm our order under the old price structure.

(B). May remove active air and/or some interior options.

Sad to see a lot people do not know how to respond to a poll. ;-)

A

Plus add on the sensors & cold weather.

i repriced my car as is and it was about the same. the premium ambient lighting and fog lights used to be in tech packg and are now separate so tech is a little cheaper. there are new options like cold weather.

didnt seem like a big increase when i repriced it. the biggest upper was air suspension which used to be $1500 i think.

I repriced my Signature and added the parking sensors, and the cost came out to be LESS than I paid. $94,170, after tax break, vs. $97,600 last year.

So what's everyone's problem?

Richard

I am adding all the options, but going with S85 instead of P85. Previously I was only getting the P85 for the alcantara and the seats, so I am very happy with the new structure. Also love the new 19" wheel and tire options.

Personally I think getting exactly what you want trumps "bundling" all day long.

J

@bighorn
Thats It I did not include the tax credit that is calculated on the site. The price I quoted was the price I paid. Makes sense. Thanks!

Those who choose option "C" aren't going to post here...they're already gone.

++ thranx

No one who canceled their order is likely to come back and discuss why. I wish (B) was split so as to clarify that some are downgrading specifically due to financing (unless you assume everyone is doing it)

A) for me - not making any changes. Given the new pricing structure, my P85 will roll off the line worth $9,500 more than what I'm actually paying. That's worth not getting parking sensors in my book! :)

I'm beyond the point of reconfiguring my order, so it's not an option for me. I ordered an 85kw, with tech package, leather, panoramic roof, premium sound, obeche wood matte, with pearl white paint. If people are right about the lighting being $1000 more and previously included with the tech package then to order a similar car now would be $94,220 instead of $90,270, an increase of $3950. I would like to add the parking sensors for $500 but I don't think it's available to me at this point. It's scheduled to arrive August 19th. I'll have to let my financing company know the MSRP went up and see if they let me get away with putting a little less down ;). I wanted to just put down 15% but the bank is asking me to put down $20,000. It's too bad I'm in Texas where Tesla financing is not available.

For those of us who own/bought an 'old model' S85 with tech, air, obeche, it turns out that the price increase is not outrageous. Thus choice A works for me.

@ terrencebilodea, you can still utilize Tesla partner financing even if you live in a state where it is not officially offered. Call Tesla inside sales, they will tell you how. In my case, they said I would have to sign the final papers in Portland, OR but the car could be delivered anywhere in the US.

Just to clarify the extended napa leather option is completely new. Nobody got real napa leather on their doors and dash previously. It was a high quality synthetic leather.

Also, there are conflicting reports as to whether or not the premium sound has been changed or is still the same. Stay tuned on that front.

Cheers!


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