Another round of attack

This is an attack on my banking account

But it says $0! It’s a no brainer!

So they’re free-free now?

They’ve lowkey been zero down for months. I took home my Model 3 on 8/28 without paying a penny. Walked in, signed my docs, I walked out with my Model 3, my sister walked out with her Y.

Not really you still need to pay deposit (non refundable)

I mean, you’d still have to pay a $250 deposit with this right?

I'm confused. You're still paying it later right?

Another round of desperation oof. I mean great for buyers though 🙌🏽

Nope. Free cars. Tesla is just giving them away

Who would say that the bad image affects sales, they are giving them away then you pay me, it seems that it is an unsustainable model

LOL

Tempted to trade in my 21 MY but I’m not ready to let go of the USS. Is Tesla Vision still unreliable?

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Is this in California? I thought that legally the sales tax had to be paid upfront no matter what.

Just check for payment and it’s between $700-845/ month depending on 0 down or $9500 down. That’s crazy cheap. It’s literally the price of Honda Civic.

And you get the $7.5k federal tax credit at tax season right?

They really want to sell in Europe as well, but only have somewhat good offers and only for MY. I'm really pissed, I planned to use the very last transfer possibility of my FSD to a HW4 car...

You're very confused about things. USS was never for autopilot, and it's not disabled on any cars that have it.

I have a 24 model 3. Vision won’t give you the inch by inch play but vision is reliable enough to park in my garage without issue. I don’t really miss the USS because I don’t need to park less than 12 inches of an object. I would test drive before judging, it’s not a downgrade like you think.

$700/month payment is cheap? You must be doing well, I’m jealous haha!

You can apply it at point of sale now.

Bought the wife Lexus RX in 2021 with 0% apr and finally paid off. The monthly was $500. So yes with inflation, and etc a $700 monthly is cheap, and you don’t have to pay for gas, electric charge probable around $15

How much is the insurance compared to the RX and the Tesla for you? Full coverage has been the same for my wife’s ’21 ES and a 2020 model 3 we have ($140\m)

Not a big fan of EV, however Tesla main purpose and original intention was to make an affordable EV for all. Yet ppl still complaining about it. The monthly payment for this, it’s literally in par with Honda civic or corolla. Quit whining.

Insurance will be varies for every one, can’t really compare my set up with your set up. However, we paid $650/month total for House, Umbrella coverage, and 5 cars. It’s hard to gage everyone’s monthly.

A free car and they pay me $7.5K!?!? I’m going first thing in the morning

That's what I'm saying

USS works when trying to park the car in close space. Source: I have USS on my 2020 Tesla M3P.

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Not cheap-er. If car payments increased from $500 to $700 (a 40% rise) and inflation rose 15%, while average salaries increased by less than 12%, then the inflation-adjusted car payment would be $575. The average buyer would be $125 worse off in this scenario.

No thanks!

I don’t trust the distance measurements compared to my dad’s 2021, but 12.5 autopark using vision only is pretty impressive.

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You could pay me. Still not guna buy one.

They are keeping the $7500.

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Why are you in this sub lol

In Louisiana we pay sales tax when we register the vehicle. Write a check to the state at the DMV. Not necessary for dealer sales but that’s what I had to do for my Tesla vehicle purchases.

Does the 21 even use the USS anymore? I have a 21 and I never notice it doing anything when I’m parking… Maybe I have them turned off in settings? Is that a thing?

Who can afford a Tesla and is worried about a $250 deposit

Who says this? They aren’t any more expensive than other competitors cars. You realize a ford explorer can top out higher than a model y, right?

r/unexpectedfactorial

I have USS but switched to Tesla Vision as I prefer the visualization of it. USS isn't perfect either, like with curbs on the side it's not much help. Not that I trust vision with those either, really, but it's good for marked parking spaces with lines at least.

Yep, which I don't seem to understand how folks say this is new. When in reality it isn't.

I traded my 2020MY with radar/USS for 2023MY-the upgrades are immense. USS is like a walking stick for visually impaired but we walk comfortably with eyes/vision.

Mid way through the year they got rid of the USS. I got lucky and had a MY delivered with USS sensors

No that doesn’t matter to me

Man I wish someone would help me figure out how to get rid of my 2023 m3sr so I can pick up one of these new ones 😭😭 guess I should just be happy to have a beautiful model 3 😭

Wouldnt really call that reliable when you have to navigate in tight spaces

Coming from the NYC/Long island area, I do have to deal with tight spots. I really like the read outs down to inches

They need to drop the price by 1k so we can pick color

Any word on fsd transfer of with the new schema?

I’m on the same boat

Picked up mine like two months before people here started taking delivery of their 2024 m3 .. ngl I didn’t do nearly enough research or else I would’ve known they were coming and just ordered one from Tesla .. I guess it’s the price I pay

Try it out on your car. You can switch from USS to vision. I prefer it over USS now.

And you factor in inflation, they have delivered the 25k electric car

Yeah I mean the ones that physically have them like mine. Did they get shut off like radar did or are they still active? I don’t recall mine doing anything.

The model 3, if you're eligible for the tax credit, is amazingly cheap for what it is. $33k for the cheapest LR-RWD (or $35 for the non-demo one). That's $10k cheaper than a Civic Type R or about the same price as a Accord hybrid.

I miss USS but the 24 build quality is much better, plus park assist gets you most of the way there

Do you make like 200k+ a year! Dude! $700 a month is far far far from cheap

you can choose between vision or USS, imo i just kinda wish i had both overlayed ontop of each other or just, idk dont take of USS and have both of them there or just leave the front USS for the massive blind spot

I make what my CPA told me how much I need to make, so at the end of the year, I’m balance.

That’s not my point. I’m just saying you’d have to pay that regardless. It’s zero due at delivery (credit/income dependent I guess), and has been for months now, it’s not new.

You could’ve had $0 down, but the amount due at delivery was at least the sum of your down payment $0 + 1st month lease payment + acquisition fee + local taxes. For a 3/Y usually around $2k or so. Down payment ≠ due at signing (delivery)

We're not accounting for lease. And as I've been stating to everyone else, if you can put down a couple grand on a $50,000 vehicle, then you are making a terrible financial decision.

I leased and paid the tax and destination fee and first month

Shots fired

The civic type r is not a comparable car at all, not to mention they are usually sold at well over list due to the lack of availability. But these are not luxury cars that everyone seems to think they are. They are tech cars. The S/X are more the luxury line but they still lack what other high end cars have.

When do you think the car should tell you to stop, at 5 mm?

Tesla Vision has improved to be passable. It is still not nearly as good as USS or a true bird' s-eye view, though.

Ok, fine. Choose the civis sport touring hybrid sedan. only a few thousand less than the M3 Yes, they're not exactly comparable cars, but that's the point. M3 you get quite a bit of 'car' for your money. But I think we generally agree: Teslas aren't particularly expensive, especially the Model 3 and Y.

Such great deals on Teslas. It’s a shame I won’t be buying another one for my child who is about to start driving, because we bought a Model Y for almost $70,000 in 2023 just days before Tesla dropped the price $13,000, leaving us in the dust. Customer service offered no help whatsoever. I will not buy another Tesla.

You compared a 3-row mid-size SUV to the compact model Y and now you're saying a type r isn't comparable to a model 3?

Is there new model y equivalent to midel 3 highland that is in the works? I will trade my old ild model y for the new one I just cant do model 3 because i actually use back truck spaces

Stupid Americans lol

Uhh, cool?

Wasn’t aware of that - thanks!

Wait what? For what did you have to pay before?

Tesla rolled all of that into my payment. I live in NJ so no sales tax on EVs. I put nothing down and didn’t pay anything at delivery.

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Yes, though you do have to account for it come tax season though. It's not free money- if you choose to apply it and you don't have enough tax liability to negate the full 7500, you will end up owing it back to the government.

Or $1,500 to pick black.

24 months from now I may get a Model Y performance if it has the Juniper upgrade, Ai5 and APY lower than 2%.

What’s your payment?

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fsd transfer is still available until the end of september

So, it's a tax credit, but it's non refundable. There are two situations, one where you choose to apply it at the point of sale, and one where you choose to apply it when you file taxes. Let's say for the sake of the argument come tax time you owe $5000. If you applied the tax credit at the dealership, the credit would cover your liability of $5000, and you would owe $2500 for the remaining credit. If you chose to apply the credit at tax time, it would fully cover your liability of $5000, and you would owe $0. You would not receive the remaining $2500 as a refund. All that is to say, if you don't owe enough to the government, you won't get the full advantage of the tax credit.

$430.56

Who cares? It's not one size fits all.

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Who cares? A lot of ignorance right there mate.

Did they hurt you in anyway? Mind your business.

You should either look into your previous year's paperwork to see your *total liability*, or consult with a tax expert who can tell you how much you could take advantage of the credit.

There’s so much about other people’s lives and situations that you don’t know. So you couldn’t possibly know if it’s a terrible financial decision.

True. Salty should have said “who can afford a new car and is worried about a $250 deposit?” Emphasis being on the cost of new cars these days, not specifically Teslas.

It's not about knowing people's lives. If you are not financially capable of buying a $50,000 vehicle, then you just cannot find actually afford it. It's just that simple. There's no and, ifs or buts.

Spoken like someone with money and privilege. You don’t know other people’s situations. There are no ifs, ands, or buts. If you were trying at all to think outside your own situation I’m sure you’re creative enough to think of a potential scenario in which it makes sense.

Ignorance is bliss. And you know what they say about people who assume.

I see. So then you are blissfully assuming you know other people’s situations well enough to make this blanket statement about their choices.

There's no assumption on my part. I'm simply stating facts.

We often like to make fun of Americans for being stupid. This is not an example of that.

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Scheme changed though

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Then the EV credit would definitely help.

How did you get whining from that? i was talking about their business practices. Tesla has historically changed prices based on demand. The MYP was $67,000 during covid and a 4 month window. Tesla doesn’t give two sh*** about affordability 😂. Its supply and demand.  Case in point the superchargers were supposed to never be a profit center….yea its $.60 near me while my home is $.20….

Ummm my deductible is $500…and i pay $121 a month. Its though tesla though.

Lol

Yes and it’s been widely publicized. It’s juniper

What you said is completely wrong. If you apply it at the point of sale you get the full amount regardless of tax liability

Yes

That's for 60months byt yeah eventually your monthly payment will be high like high 6

Correct. With bank rates what they are, there’s no way they’re actually able to fully saturate their production needs without doing deals like this and that’s definitely costing them money. No business will pay to acquire customers if they can avoid it, and offering super low APR during a high rate cycle costs money. There’s zero doubt the cars are popular. They’re not doing this out of the kindness of their hearts though.

I’m keeping my 2020 lol

I believe since this $0 due on delivery offer is contingent on applying the tax credit at the POS, that it is also being applied towards the sales tax.

While Tesla is supply constrained this will always be the case.

Or 2k to pick ultra red

Wait it out. Incoming 0% apr coming

Exactly what i was trying to convey, thank you for understanding that. And well written.

Just picked up my M3P with no money down. 1.99% for 72 months. Easiest decision ever and this car is freaking amazing.

Progressive $325 a month $500 Comp/Collision deductible $100/300 Bodily Injury $100 Property Damage

if you really want a new one why cant you just trade in your current one and get a new one like that or sell it to carvana im sure it hasn't depreciated THAT much.

its not unreliable imo but I much rather prefer the sonic sensors, when supercharging tesla vision prompts me to stop thinking im going to hit the stop barrier or charger and when I get out I have about two ft left of room to still back up...

Yeah but I overpaid for mine /: still owe 30k on it.. to be fair I got it in April so I’ve only made a handful of payments. Just a lapse of judgement on my end.

ah ok even though you can still get a quote from Tesla without going through with it I'd say get that quote and make a decision from there, with the incentives going on at the moment maybe your monthly payment MIGHT be a bit cheaper

Yeah you’re right

That not true. You have to have a net tax due of $7500 or greater to get the full credit. What he said above about owing money back is true. If you take the full $7500 at delivery you could end up owing money back at tax time.

Not true. Read the rules or consult a CPA. It is a credit against your tax liability when you do your taxes. It’s a “use it or lose it” credit and can only be used in the tax year you buy the car. I stand corrected. They changed the program in December

I’m in the same boat. My rentals and depreciation deductions nearly cover my entire tax liability. So the credit would be mostly wasted in my case.

That is not true for this year. If you transfer the credit to the dealership you get the full amount as long as your income qualifies regardless of tax liability.

Cause i like pointing out the flaws in the "EV" dream thats being force fed to the population. And when i see the price of these cars tanking in the second hand car market it really tickles my funny bone. Cause people are waking up and not buying them any more. Thats why.

What do you mean the "scheme" changed? The rules are here,, pretty straight-forward: [https://www.tesla.com/support/fsd-transfer](https://www.tesla.com/support/fsd-transfer)

It's not "normal" depreciation, it's a straight price cut. If the car was worth $70k, driven off the lot, maybe it's worth maybe $65k. His car ended up being worth \~$52k. Big difference. I was had for $10k on my S (although, the new price dropped $20k). Other manufacturers generally do incentives (0% APR, 0 down) and smaller cash back offers, not massive fire sales that put a near permanent hard cap on resale value. A series of smaller price drops over time would have triggered less buyer remorse (as they wouldn't think "omfg if I bought it 2 days later I'd have saved $20k), kept stronger used car value prices and sentiment, and possibly had pretty good results profit-wise too, but Tesla HAD to hit their # of cars sold quota and didn't give a shit about anything else. edit: It's actually also ironically easier to gauge the true value of a car at a dealership than it is with Tesla. All cars have a MSRP that basically doesn't change. You buy it from a dealership, and they tell you exactly how much they are fucking you over and the (usually) manufacturer incentives that may come with it. Tesla likes to hide that by just saying "it's worth what we say it is at the time you buy it". If you're paying a 20% dealer markup, you know you're buying in a time where that car is scarce and it will depreciate hard as the market stablizes. Make no mistake, Tesla is the dealer fucking you over, even if they don't advertise it.

This says nothing about the new nomenclature

Is that a typo? I thought it was either 1.99% with $4k down or 2.49% with no money down.

Next they gonna give you a ps5

If Tesla instead increased the price by $13,000 days after you bought it, should you pay them the difference?

Nobody is forcing superior EVs on you just like nobody is forcing you to stop huffing gasoline fumes

Yeah. Labor is. Is australia. But aussie are not stupid thats why the prices are tanking second hand. Cause ppl arnt stupid. 👍 Keep downvoting. I love it

Actually, looks like he's right. I was surprised too, tbh. As long as you don't exceed the income limit. [https://www.irs.gov/newsroom/topic-h-frequently-asked-questions-about-transfer-of-new-clean-vehicle-credit-and-previously-owned-clean-vehicles-credit](https://www.irs.gov/newsroom/topic-h-frequently-asked-questions-about-transfer-of-new-clean-vehicle-credit-and-previously-owned-clean-vehicles-credit) (emphasis added by me) >Q4. What if a buyer has insufficient tax liability to fully use a transferred credit? (added Oct. 6, 2023) >A4. The amount of the credit that the electing taxpayer elects to transfer to the eligible entity may exceed the electing taxpayer's regular tax liability for the taxable year in which the sale occurs, and the excess, if any, **is not subject to recapture** from the dealer **or the buyer**.

If you guys could help me figure out how to trade mine in and get a lower payment I’d consider it. 29k/52k left @2.5% M3LR Purchased Feb 2022

I just want some supercharging miles lol

"They need to give me money for free"

Just got my model Y today 2024. This was the type of deal I was waiting for! It really was $0 down I can’t believe it 😭😭

Nothing has changed. The new nomenclature is meaningless.

No, not a typo. It shows $4k down when you order then when you apply for financing you can change down payment to $0. I guess the bank counts the tax credit as the down payment. My final paperwork shows $7750 down payment (7500 tax credit plus 250 deposit).

I switched from SG to an inventory QS they did the switch for free. Charged extra because it had white seats though.

0% down would have increased the monthly payment 24%. Pay it now or pay it later...

For just the Tesla or total? I went from $89 monthly to $150ish / mo on the Tesla. The total is about $268 for multiple cars. It is 1000 for comp/collision though. My total was $172 for two cars last month but they raised $45 even before getting the Tesla.

TBH I tend to be a $20-25k used car guy. But I was able to get the #s so good on the Tesla. The math came out it is costing me $250/mo if you factor in gas savings. You're not getting tax credits or gas savings on that Explorer.

Girl math

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Probably a bot farming karma: Winter operations are negligible if you have home charging. BEV's catch fire at much lower rates than ICE vehicles.

I have another year on my current model 3, so I don’t own my FSD outright. Do I need to buy it out during the trade in?

Unlimited

I’m 24, and have one claim. I got rear ended last year at a red light. Just for the Tesla.

Give me this for model s. I buy tomorrow. Don't give me this. I buy in a year lol.

Why would you buy a model y for 70k  All of the dealers were doing the exact same thing or worse. The only thing the dealer does is provide cover for the manufacturers.  You got screwed, but maybe don't by a new car in the middle of a once in a lifetime pandemic?????

What’s ur payment brother

Which trim did you get?

i reckon it's still for well qualified buyers, <800 credit score 🤔

> Customer service offered no help whatsoever. What “help” did you honestly expect? You agreed to buy the car for $70k. What the problem?

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> Yeah but I overpaid for mine /: still owe 30k on it.. I kinda suspected aa man who thinks of trading in 1 year old car for a new one doesn't make sound financial decisions but duuuude. For real. Don't be an idiot.

i would totally upgrade for 0%

Huh?

Yeah it’s not something I’d actually do.. more so something I dream about on Reddit 😂

$778/mo for 72 months - I put $0 down and that includes tax, tag, and title.

You're missing the point. Tesla goes , "it's $70k. Our cars appreciate and that's what they're worth now because we can't keep up with demand". Other manufacturers go "our car is worth $50k". The dealer then says "we don't have enough, so we're charging $70k for it". I think one is more honest than the other, which is kind of sad because the no dealer experience is supposed to be so much better.

I have a 2021 MYLR, gf has a 2023 M3. We both hate Tesla vision compared to my USS. Lack of the tiny bit of curb awareness that TV provides is nothing compared to USS showing distance in numerical values and without goofy cloud like apparitions.

Wow I didn't take tax credit into account, thanks for the info!

How come. When i select 72 months the apr shows at 3.49% and with a 6k down payment is still 760 a month.

If this were for Canada I'd probably pull the trigger tbh. Especially with that 1.99% interest rate as well.  Too bad it's only for the US. Waiting for Juniper it is.

October 10th Tesla event maybe

Tarrifs are killing the Tesla in Europe..

You're not understanding that correctly. The point is if you don't have enough taxable income such that the tax you pay is more than 7500, you're not able to take full advantage of the EV tax credit. It has nothing to do with how much you have withheld. The net you pay in taxes is what's important.

That is nuts. Wonder why they aren't interested in only allowing the buyer to only get credit for the maximum of their tax liability

https://www.irs.gov/newsroom/topic-h-frequently-asked-questions-about-transfer-of-new-clean-vehicle-credit-and-previously-owned-clean-vehicles-credit (emphasis added by me) Q4. What if a buyer has insufficient tax liability to fully use a transferred credit? (added Oct. 6, 2023) A4. The amount of the credit that the electing taxpayer elects to transfer to the eligible entity may exceed the electing taxpayer's regular tax liability for the taxable year in which the sale occurs, and the excess, if any, is not subject to recapture from the dealer or the buyer.

I'm wondering the same thing. The only thing you had to pay before was taxes/registration, and maybe a down payment if your credit score sucked. Maybe it means the down payment isn't necessary. But that should be up to the bank, not Tesla. Someone help me understand.

My insurance had not changed in 3 years… are they tracking it behind my back, sure. But i have that feature disabled.

Without trying to fan y'all's argument, I'm genuinely curious to know some situations in which it might make sense to buy a $50k new car when one can't afford the down payment. It seems to me that if someone is in that situation, they should at least switch to shopping for a used Tesla over a new one, but I don't have a lot of experience with buying new cars. Maybe I am missing something?

That or I’ll take 0.99 if they bring it back!

Im happy to respond to that. While I won’t pretend, like others, to know anyone’s exact situation, I can imagine situations where one’s income is tied to one’s vehicle. That could be Uber/lyft or it could be a professional position where one is required to drive to different locations frequently (sales, construction, service, etc). There could be range requirements (including fast charging network needs), vehicle age requirements (employer mandated for their image), and reliability requirements (making one nervous about a used vehicle). One might be in a situation where there is an employer vehicle allowance and therefore no paid mileage. In these circumstances, one can certainly justify a higher price tag with an EV because of decreased fuel and maintenance costs, especially if the employer offers free charging. And last but not least one might be able to get a low promotional interest rate on a particular car versus a very high rate on something cheaper. (e.g.- $50k@0.99%/72mo = $715.56/mo versus $40k@8.99%/72mo = $720.82/mo) and the promotional rate might be the only financing deal they can get that doesn’t require the cash down in the first place. Given all those reasons to buy a particular car, and that not even being an exhaustive list, one could construct any number of different scenarios where it would make sense for someone without the cash to put down to go for a $50k car even leaving out the concept that someone might be willing to stretch a bit beyond their means because their values dictate that their next car not be ICE. That said, one should think this through carefully because spending $50k on a car when you can’t even scrape up any cash down does seem risky. But it may well still be worth the risk to an individual.

Except for all reasons

Huh?

Thank you!

can I do point-of-sale if I make over 150k? what happens then :?

This is the information I want to know before paying a non refundable deposit of any amount. I don’t care if it’s $1. I want to know that you’re not going to switch up the terms before I pay you something.

I already have my finger on the trigger... ehm, mouse button, for when they announce 0% apr.

Literally my plan. Wait 18 months to get Juniper without the deffects of being the first gen and with the AI5. Not any offer can convince me of getting a 2024 MY.

I’m ready to trade in my 23 model 3 if they were to accept negative equity!

Same. Might get another one myself. Want to replace all my ice cars honestly.

It's gonna happen on either. Juniper is very close so inventory needs to Be moved. I wish I would have waited myself but. 99% isn't bad. And Juniper is more cosmetic than anything. So I'm not jumping up and down on it. My next upgrade will be in 3 to 5 years when Solid State Batteries finally get implemented. Then we are in business! The world will change and it's OVER for ICE cars. Let's hope the current administration don't take us to ww3, we are so close in advancing with technology

Yes, same here. My daughter is getting her driver's license in the next few months. She can take my old Rav4, and I can get a new car :D

Did similar. Gave my last ice to a family member. They were very happy.

🤔🙌🏼

If only they gave good trade in value for their own vehicles.

I put $0 down during the 0.99% deal, this isn’t new ?

🙃💀 they also told me I had a promotional rate of 1.9% APR…… then the day of delivery they hit me with “oh yeah no it’s going to be 11%.”….. great way to start off owning a Tesla and has really put a sour taste in my mouth

Tesla changed the offer if you didn’t order before the end of August.

Yup. Waiting for interest rates to drop to around 1.99% here in Canada as well, planning to pull the trigger on a new M3 as soon as it happens. I’m gonna guess they should drop to that level by mid-2025?

How ??

Be patient or you're going to end up one of those people paying among highest monthly's forever.

Oh yeah definitely gonna pay this guy off an upgrade in the future😂 not gonna rush anything no need to

What all was involved for the Tesla financing process? Do they require bank statements or such, or just a simple hard inquiry on your credit?

I just filled out the application and they ran my credit. Never had to provide any documentation.

How long did it take for you to get a response? I ordered November 2, take delivery November 13, and I’m still waiting for a credit decision

I got mine immediately