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Tesla Model Y - $37610 & finance promotion with 0.99 ApR up to 72 months
$37,610.00
Tesla Model Y price reduction on existing inventory and promotional finance for 0.99 APR up to 72 months
https://www.tesla.com
https://www.tesla.com
Created 05-08-2024
at 10:18 AM
by rent4him
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0.0% APR for 48/months
+ No Payment for 90-Days
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Tesla isn't selling cars fast enough and has too many. You overpaid. Expect rapid depreciation.
Parking lots full of Tesla vehicles are becoming impossible to ignore as the electric automaker seemingly can't sell enough cars and trucks to match its rate of production. According to its own figures, the electric automaker produced 46,561 more vehicles than it delivered to customers during the first quarter of 2024. Where are all these cars going? Parking lots at its factories, malls and airports.
https://jalopnik.com/tesla-is-run...185147337
I don't think I've seen you post without an "LOL." Either way, hope you're right. Will probably get a second before long (especially since they'll have to be slashed to 25K just to move them), or an X. How are those Tesla puts doing?
LOL indeed.
Toyota sold 1897 of the BZ4x for the entirety of Q1 2024 (total, not just NY state)
That's slightly more than Tesla sold per day in the US in Q1.
Specifically- Tesla sold about 140,187 EVs in the same period in the US.
Model Y sales accounted for a 35.4% share of the entire US EV market in Q1, followed by Model 3 with 11.3%.
Third place was the Ford Mach E at a mere 3.5%
Toyota was basically a rounding error given how garbage the specs are, especially for the price.
$42,990 - $7500 tax credit = $35,490
Or existing inventory same specs w/1k odometer:
$42,450 - $7500 tax credit = $34,990
Ordering a build of the same specs is:
$44,990 - $7500 tax credit = $37,490
Where do you find the existing inventory
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They make more margin because they don't have to pay dealerships ~10% or more with margin, kickbacks, bonuses, warranty service, etc, etc, etc. Think about how much it costs just to run those huge dealerships, payroll in the millions, owner making millions themselves, off selling a couple thousand cars. Supposedly they make significant money off service, but most of that is from warranty work which also paid by the manufacturer.
Tesla is also a decade ahead of all of the older car companies in manufacturing. A whole model Y frame is made from 3 pieces, which makes them more rigid, faster, simpler to construct. Not sure exactly why they have those body panel issues, but body panels are not the frame. They have more efficient wiring, so less of it. A cooling system that is a generation ahead of all other EVs in terms of design and simplicity. They also manufacture a lot of their own batteries. I think Tesla could probably sell a Model Y for 35k-40k without rebates and make the same margin as most manufacturers.
Some of them will have 50 miles, some 1k to 2k miles. To my knowledge, when it has more than 50 miles, the listing itself will say how many miles are on it. I found some with 500, 1100, 1300, and even 1900 miles.
Having said all that, existing inventory saving of $2000 > 1k-2k miles on a car. Saving $1-2 per mile on the car is a great deal.
waiting for those to phase out and tesla cut price 7500 straight.
You'll be waiting a long time-- credit doesn't begin the four-year phase out until at earliest 2032. Likely longer (since there's a second, emissions target, trigger- and the phase out starts at the later of the two)
You can get the credits right now via a lease though- but no buy out at the end.
You can get the credits right now via a lease though- but no buy out at the end.
That's not true at all
There is no cap on the number of cars you can sell-- that's the old credit that hasn't existed in years (and even then was not per model- it was per manufacturer)
The current IRA credits do not start to phase out until after BOTH requirements are met as I described earlier-- and one of those requirements is "it's the year 2032"--- meaning you'll be waiting a minimum of 8 years before the credit starts to phase out (over 4 more years) and likely longer than 8 because the second requirement is unlikely to be met by 2032.
The 3 doesn't get it (on non-performance) models because the batteries come from China.
Y batteries are all built in the US (as are the performance 3 batteries).
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