Chrisizzle
Member
I also got a $28,000 discount on a demo Model S 85.
EQUATION FOR DISCOUNT:
There is actually a formula for the discounts and the car sells when the number makes sense to a buyer. In Canada, the discount is $0.50/km on the odometer and 1% off the sticker price for every month from the manufacture date (doubled to 2% of you are in the right place at the right time).
My car was built in January 2014 and had 16,000km. I test drove around in October 2014 (just prior to "D" and autopilot announcements). So, the discount at that time was $8,000 for mileage and $10,000 for age. It hadn't sold because it was involved in a collision and nobody had yet found the discount worthwhile.
The showroom called a week later to say Tesla had increased the discount to 2% per month. The reason being a demo car without autopilot was obsolete. That increased the overall discount to $28,000 and a purchase price of $72,000 CAD.
It is worth noting the car is "brand new" on paper with full warranty. Moreover, the collision repair was done by the manufacturer prior to retail sale and is therefore not reported on any CarFax report. So, resale value was not effected. I really could have bought the car and sold it immediately on the private market for a $10,000 profit.
Anways, there is no negotiating with Tesla on a demo and not because of demand or price fixing. The mathematic formula keeps dropping the price until someone finds it worthwhile. That may be $500 on an essentially new car to $28,000 on a 'damaged' car.
EQUATION FOR DISCOUNT:
There is actually a formula for the discounts and the car sells when the number makes sense to a buyer. In Canada, the discount is $0.50/km on the odometer and 1% off the sticker price for every month from the manufacture date (doubled to 2% of you are in the right place at the right time).
My car was built in January 2014 and had 16,000km. I test drove around in October 2014 (just prior to "D" and autopilot announcements). So, the discount at that time was $8,000 for mileage and $10,000 for age. It hadn't sold because it was involved in a collision and nobody had yet found the discount worthwhile.
The showroom called a week later to say Tesla had increased the discount to 2% per month. The reason being a demo car without autopilot was obsolete. That increased the overall discount to $28,000 and a purchase price of $72,000 CAD.
It is worth noting the car is "brand new" on paper with full warranty. Moreover, the collision repair was done by the manufacturer prior to retail sale and is therefore not reported on any CarFax report. So, resale value was not effected. I really could have bought the car and sold it immediately on the private market for a $10,000 profit.
Anways, there is no negotiating with Tesla on a demo and not because of demand or price fixing. The mathematic formula keeps dropping the price until someone finds it worthwhile. That may be $500 on an essentially new car to $28,000 on a 'damaged' car.
