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Thread: New Options Essentially Raised my Config by $3,800 :(

  1. #1
    P# 8,878 Alexander's Avatar
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    New Options Essentially Raised my Config by $3,800 :(

    So I've had a reservation since May of 2012. My plan was to finalize my order in January of 2013, but my endeavor to purchase a home has taken FAR longer than I could of ever expected. So at the advice of my mortgage broker and real estate agent, I've held off finalizing the order as it would jeopardize my loan.


    Since then, I've had to endure three price increases:

    - February 2013: $2,500 price increase (announced in Dec, but didn't take effect for me until Feb)
    - June 2013: $1,750 total price increase on the 21' rims & air suspension (which I tearfully removed from my config afterwards)
    - August 2013: $3,800 total price increase on the individual options that I had selected for my order

    So in all, I've had my price increased by $8,650 in as little as 6 months time. Here is a more detailed breakdown:

    February 2013
    - $2,500 general price increase
    June 2013
    - $1,000 increase for 21 inch rims (from $3,500 to $4,500)
    - $750 increase for Air Suspension (from $1,500 to $2,250)
    August 2013
    - $1,550 increase for sound package (from $950 to $2,500)
    - $1,000 increase for Panoramic Roof (from $1,500 to $2,500)
    - $1,000 increase for Premium Interior Lighting (was included with the Tech Package before)
    - $500 increase for Fog Lights (was included with the Tech Package before)
    - $250 decrease for Tech Package (from $3,750 to $3,500)


    I think Tesla has a hot product, so I can't disagree with the increases (supply and demand). But being a man of modest means, I've had to cut back on options that I was willing to spring for not too long ago. I'm still going to buy the car, I've just had to tearfully remove the 21' rims, air suspension, and leather to keep within in my realm of affordability.

    But I can't complain... out of curiosity, I calculated the increase for someone who wanted the Performance edition... Before August 1st, just about everything was included with the Performance edition. But now nothing's included!! So if you want the same options that were included prior to the 1st, it will cost you an extra $11,600 over what it would of cost you just 4 days ago. Ouch...

    Here is the breakdown for the Performance edition:

    - $2,500 for the performance leather (which was included before)
    - $4,500 for the rims (which was included before)
    - $1,500 for the spoiler (which was included before)
    - $1,600 for the carbon fiber decor (which was included before)
    - $1,500 for the alcantara headliner (which was included before

    So I don't feel so bad since I wasn't going for the Performance edition anyway, lol
    Last edited by Alexander; 2013-08-03 at 04:05 PM. Reason: Price correction on the leather option for the Preformance
    85 kWh / Silver / 19" / Black Leather / Piano / Pano / Tech / Air / Twin Chargers / P-Sensors / Fog / Sound / Interior Lighting / HPWC
    Discovered Tesla 10/8/11 | Reserved 5/12/12 | Joined TMC 10/9/12 | Finalized 10/2/13 | Building 11/27/13 | Delivery Button 12/12/13 | VIN (26297) 12/17/13 | Delivered 1/4/14

  2. #2
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    All the sudden it looks like Sig. reservation holders got a deal. I recently priced out a Perf + with similar options to my father's Sig P85 and it came out to $117,000. Eek.

  3. #3
    Just priced my January P85 and it appears that with similar options the price has gone up between $10K to $13K. Some of the options may be upgrades over what I have - so the actual difference may be a little lower.

    However, the downside is that there are some new features that weren't available back then - such as the aero wheels or the parking sensors - and adding those now (if offered) will cost considerably more as an upgrade than when selected with a new car.

  4. #4
    Model S - P4676
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    It appears to me that the base price for the performance edition went down by $5,000, but of course there is less included, now. For leather, some of those things weren't available before, like leather on the dash. Pretty sure my car only has real leather on the steering wheel, armrests, and seats.
    P4676, VIN 3898, 60kWh, Blue, Tan Leather, Piano Black, Air Suspension, Pano Roof, Tech Package, Supercharging, Dual Chargers
    Delivery Window: 1/27/13-2/10/13
    Factory pickup on 2/1/13!

  5. #5
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    The equivalent to my P85 delivered at the very end of December is now about $16,000 more! Tesla is really socking it to you on the luxury upgrades, particularly the leather. The leather seats with alcantra, the interior leather trim, and alcantra headliner that was "included" in my P85 is now $6,000. Another $3500 for the tires. $1500 for the CF spoiler. All included in my model.

  6. #6
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    I had the original pricing since I reserved last year. I took delivery in March 2013. When I include the sales tax the final amount to buy my car today is almost $20,000 more than what I paid in March.

    I am wondering, are they raising prices because they can, or because they have to.

  7. #7
    Member Crispix's Avatar
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    My speculation: as a business, doesn't Tesla Motors state that they want to make 25% gross margin, and break-even on service? So I'll believe that and give them the benefit of the doubt that these price increases are mostly because they have to (in order to match the business model) rather than because they want to increase margins above and beyond the stated goal.

    Some of the higher prices on existing options (e.g. pano) may be due to higher costs or higher number of warranty repairs than expected.

    Other increases may be due to customer feedback. The more expensive audio package, for example, could be in response to mediocre reviews of the previous audio package.

  8. #8
    P# 8,878 Alexander's Avatar
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    I think they're raising prices because they can. They want to hit 25% gross margin and they have the demand to get there.

    Quote Originally Posted by Splunge View Post
    I had the original pricing since I reserved last year. I took delivery in March 2013. When I include the sales tax the final amount to buy my car today is almost $20,000 more than what I paid in March.

    I am wondering, are they raising prices because they can, or because they have to.
    - - - Updated - - -

    Your right!

    I just confirmed this with the West Hills and Santa Monica stores. The leather they're offering as a $2,500 option is actual leather. What the cars come with now is the fake stuff and they will continue to come with it unless you want to upgrade to the real leather.

    I think they need to clarify this more on the design studio, because its not clear that the car will come standard with fake leather.


    Quote Originally Posted by markb1 View Post
    For leather, some of those things weren't available before, like leather on the dash. Pretty sure my car only has real leather on the steering wheel, armrests, and seats.
    85 kWh / Silver / 19" / Black Leather / Piano / Pano / Tech / Air / Twin Chargers / P-Sensors / Fog / Sound / Interior Lighting / HPWC
    Discovered Tesla 10/8/11 | Reserved 5/12/12 | Joined TMC 10/9/12 | Finalized 10/2/13 | Building 11/27/13 | Delivery Button 12/12/13 | VIN (26297) 12/17/13 | Delivered 1/4/14

  9. #9
    Performance cars, at least those delivered through March, 2013, included real leather on the doors and lower portion of the front dash. The regular version had synthetic leather on the lower portion of the dash.

  10. #10
    Member Puyallup Bill's Avatar
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    Well, this thread made me go look at the design studio. Sure is different from when I configured, and my car now costs $2,150 more, but does not include the second charger. I would really be miffed if I ordered today and had to take the HPWC in order to get the second charger. The HPWC would be useless in my home rental situation.
    All electric - green S85, red LEAF. No ICE.

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