Soldato
Sorry, it's just not going to happen at those prices.
Tesla model Y - Just unveiled to the world
- Thread starter SkScotchegg
- Start date
Permabanned
I don't want to control everything with a tablet. Rather have a standard issue interior as in all other cars. .. and the price is nuts. Over 20k for a car is just dumb, all it does is get me to work and back.
Soldato
- Joined
- 29 Jul 2013
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I think VW want their Beetle design back...
Unfortunately it really does look like a lifted 5 door coupe rather than a traditional CUV. Not practical in the least, but I'm sure it'll sell well.
Not on your life.
Have a look at the european prices for the 3 and compare them to the US prices. They work out as around US price +10% duty + VAT (so 20%), have a look at the Tesla thread on these forums.
That means the base model Y will probably be around £38,000 and the LR will be in the region of £45k
Don't confuse the exchange rate conversion with actual price.
Also worth pointing out those release dates are for the US. It's already been stated that rest of the world will get them around 6-12 months after the US. That means Q2 2021 US release for the standard range, which will mean at least Q2 2022 for the UK derivative. That's probably the earliest you're looking at. Factor in any delays and demand/queues and late 2022 is probably a realistic date for UK delivery of the Standard Range.
Unfortunately it really does look like a lifted 5 door coupe rather than a traditional CUV. Not practical in the least, but I'm sure it'll sell well.
Not on your life.
Have a look at the european prices for the 3 and compare them to the US prices. They work out as around US price +10% duty + VAT (so 20%), have a look at the Tesla thread on these forums.
That means the base model Y will probably be around £38,000 and the LR will be in the region of £45k
Don't confuse the exchange rate conversion with actual price.
Also worth pointing out those release dates are for the US. It's already been stated that rest of the world will get them around 6-12 months after the US. That means Q2 2021 US release for the standard range, which will mean at least Q2 2022 for the UK derivative. That's probably the earliest you're looking at. Factor in any delays and demand/queues and late 2022 is probably a realistic date for UK delivery of the Standard Range.
Soldato
Wonder if Elon shouted Bingo or Tesla as he's now completed the word SEXY?
Lazy journalists. They've just taken the pre-tax US price of the Model 3 and done a £ to $ conversion.
To give an example, the Model 3 Long Range AWD is $47,000 in the US. So it should be €41,520 in Germany, right? No. The same car actually sells for €52,300 in Germany. The extra ~€11,000 is comprised of import and sales taxes.
Add 10% Import Duty and 20% VAT to the price of the car. Then you should be in approximately the right ballpark. So ~£34k for Model 3 and £38,500 for the Model Y. Could likely round that out to £35k and £40k to account for the added cost of building RHD cars, then subtract any government incentives.
I don't understand why everyone is disputing facts when it comes to prices lol. I'm not invested in convicing you but some would rather believe 50k instead of £29k or even 100k instead of £29l, I don't get it lol.
Again I listen to Elon himself say 10% over the price of the model 3 and there's many websites clearing saying the model 3 is £26,000 and there's many websites saying £29,000 for the model Y. I can't believe they're all wrong.
You see many fans were worried Elon Musk would not fullfil his promise on the model 3, but he made sure he committed to that promise and kept the origonal price. So we know all that for a fact, so based on those facts and what he said last night plus his twitter quotes where he states 10% over model 3, it's a fair assumption that approx 29k is correct.
But tbh, even if it comes in slightly higher for some unknown reason, and it cost £30k, or £31k it would still not effect my decision to buy it.
Again I listen to Elon himself say 10% over the price of the model 3 and there's many websites clearing saying the model 3 is £26,000 and there's many websites saying £29,000 for the model Y. I can't believe they're all wrong.
You see many fans were worried Elon Musk would not fullfil his promise on the model 3, but he made sure he committed to that promise and kept the origonal price. So we know all that for a fact, so based on those facts and what he said last night plus his twitter quotes where he states 10% over model 3, it's a fair assumption that approx 29k is correct.
But tbh, even if it comes in slightly higher for some unknown reason, and it cost £30k, or £31k it would still not effect my decision to buy it.
Maybe your right then mate, I didn't know they did that. I thought if they say 29k then thats what they mean.
Well my budget is £35k so if it goes to 40k or anything crazy like that then I wont be able to get it as I'm capped at 35k for my lease.
$47,000 for the Dual motor LR with Premium interior in the US (not including tax)
$47,000 is €41,500
€41,500 x 10% duty = €45,650
€45,650 x 20% VAT = €54,750
Car sells for between €52,000 and €56,000 euros in countries prices have been released.
For example Germany below (the €52,300 euro price includes a baked in €2,000 euro government incentive, so it's essentially €54,300 without).
Journalists just do the first line and convert $ to £ and € when writing articles, they aren't quoting actual prices when doing those conversions.
Now depending on how brexit goes the 10% duty may disappear on cars imported into the UK, and VAT may drop, making the car cheaper, but currently that's the situation.
That's only based on today's numbers.
The pound is pretty weak right now. At a more normal $1.60 to the pound, the Model 3 SR could easily be <£30k before incentives.
This is right. I was being lazy and just multiplying the dollar to pound coversion by 1.3 to give the amount after duty/VAT.
I didn't see your post before doing mine, they both say the same thing though, yours in less space.
Hahahahahah normal rate 1.60, get with the times, the current economic climate gets excited by 1.35, the current 1.32-1.33 is the best its being for some months and even pre-brexit announcement it was only 1.40, rates like 1.60 were years ago, we will be lucky to see anything over 1.50 again and 1.40 seems impossible right now.
Associate
10 years of £ to $ exchange rates....
https://www.xe.com/currencycharts/?from=GBP&to=USD&view=10Y
2014 was the last time it was $1.60. Doesn't look 'normal' to be $1.60 from the graph.
Given I can't find Model 3 UK prices on the Tesla website and they are meant to start delivering 2nd half of this year (they have UK prices for Model S and Model X), I suspect its going to be a long time before they confirm UK Model Y prices due to be delivered in 2022. Who knows where the exchange rate will be then?
https://www.xe.com/currencycharts/?from=GBP&to=USD&view=10Y
2014 was the last time it was $1.60. Doesn't look 'normal' to be $1.60 from the graph.
Given I can't find Model 3 UK prices on the Tesla website and they are meant to start delivering 2nd half of this year (they have UK prices for Model S and Model X), I suspect its going to be a long time before they confirm UK Model Y prices due to be delivered in 2022. Who knows where the exchange rate will be then?
Odd anomaly, given it has occurred for 28 of the past 46 years. There have only been 7 years in that period where the pound has traded below $1.50 year average. Three of those years have occurred during the Brexit slump.
Incidentally, the last time the pound traded over $1.50 was when the exit polls were pointing to a Remain win. And the pound rises every time it looks like we might be getting close to a resolution. So I wonder, what could be the cause of the problem...
Annual averages since 1972:
https://www.macrotrends.net/2549/pound-dollar-exchange-rate-historical-chart
Though I should probably highlight that I wasn't actually making a prediction of where I think the exchange rate will be in 2021/2022. I was simply pointing out that ~$1.30 isn't normal, and that a rise could have a significant effect on the price of these cars. Based on history, $1.60 isn't abnormal and works as a good example of how much a shift in the exchange rate could knock off the price of the car.
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Caporegime
Spot the fan boy!
Yes a long time ago.
This car is due this year and the rate won’t be hitting 1.60 this year, unlikely to see above 1.50 this year and that is when this car shall be landing.
Plus any price a manufacture sets in GBP will be based on a buffered rate so if we’re at 1.33 now any sensible manufacturer would base their rate around 1.25 to account for any further trend and protect from potential currency loss.