Tesla Business and News Thread
#2221
now I'm definitely not interested. Well, I shouldn't say definitely, but not as interested as I was previous. Anyway, this is not going to be a mass produced car by any means, and no way I want to spend $77k
maybe tesla should sell their cars on cars and bids.
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AMIRZA786 (04-21-24)
#2222
I'm less familiar with dealer incentives for leases, but for example both BMWFS and AudiFS allow the dealers to mark up the finance rate by up to 1%, and whatever they add comes back to them, on top of whatever kickback they get once the loan reaches a minimum term (usually 90 days).
Last edited by geko29; 04-22-24 at 06:18 AM.
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AMIRZA786 (04-22-24)
#2223
Also what if a buyer has questions on financing or registering the car or insurance etc. These are all things that you need a dealer to assist with. Most people also have a trade-in vehicle etc.
Its not always a simple - here is your price and buyer writes you a check. That’s probably the lowest occurrence.
#2224
I get what you're saying, but I don't want anyone pressuring me, and I don't want anyone trying to cheat me, which is what the dealership tried to do when I leased our Ioniq 5. When the lease is up, adios Hyundai.
You don't need anyone doing numbers for you, it's all on tesla.com. Before you even put down your deposit, you know exactly to the penny OOD you are going to pay. If finance through Tesla, it's disclosed. If you finance through a third party like I did, it's all there on the screen. Why do I need someone explaining this to me when it's all there? And Tesla will never sneak anything in that shows up later, like has happened to me a few times buying through dealerships
You don't need anyone doing numbers for you, it's all on tesla.com. Before you even put down your deposit, you know exactly to the penny OOD you are going to pay. If finance through Tesla, it's disclosed. If you finance through a third party like I did, it's all there on the screen. Why do I need someone explaining this to me when it's all there? And Tesla will never sneak anything in that shows up later, like has happened to me a few times buying through dealerships
Again I’m not saying Tesla sales would be 50% more if they had sales people but I definitely think that they could be doing another 10-20% in business with a dealer network.
#2225
You are assuming people understand these numbers or can even qualify for the loan amount. Most folks are not financially literate especially if it’s their first purchase. You also have ppl that may be upside down on their existing loan. There are MANY variables.
Again I’m not saying Tesla sales would be 50% more if they had sales people but I definitely think that they could be doing another 10-20% in business with a dealer network.
Again I’m not saying Tesla sales would be 50% more if they had sales people but I definitely think that they could be doing another 10-20% in business with a dealer network.
Last edited by AMIRZA786; 04-22-24 at 08:32 AM.
#2226
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Margate330 (04-22-24)
#2227
Maybe dealers that specialize in EV's.
Like a combo Polestar & Tesla, etc dealer, that sounds cool.
#2228
I don't know what you think about this, but one of our companies early investors is the Hyundai family. Some of our executive team flew out to Korea a few years back and met with the CEO, Chung Eui-Sun and the rest of the executive team. At the time they had just released the Ioniq 5, which at the time had large dealer mark-ups. One of our VP's which is also a friend of mine casually mentioned to him that he was interested in buying an Ionq 5, but wasn't buying one due to Dealership mark-ups, and Hyundai's CEO said to him that he felt the biggest hold up for their EV offerings was dealerships, but couldn't do anything about it due to binding agreements that tied his hands. I tend to agree with that assessment
Last edited by AMIRZA786; 04-22-24 at 09:18 AM.
#2229
I have purchased 3 cars in the past 18 months and all 3 were negotiated over email without me going down to the dealer. They sent me all the numbers up front and I signed the bill of sale. No additional BS at all, no run around with what a manager can do etc.
Also what if a buyer has questions on financing or registering the car or insurance etc. These are all things that you need a dealer to assist with. Most people also have a trade-in vehicle etc.
Its not always a simple - here is your price and buyer writes you a check. That’s probably the lowest occurrence.
Also what if a buyer has questions on financing or registering the car or insurance etc. These are all things that you need a dealer to assist with. Most people also have a trade-in vehicle etc.
Its not always a simple - here is your price and buyer writes you a check. That’s probably the lowest occurrence.
You are assuming people understand these numbers or can even qualify for the loan amount. Most folks are not financially literate especially if it’s their first purchase. You also have ppl that may be upside down on their existing loan. There are MANY variables.
Again I’m not saying Tesla sales would be 50% more if they had sales people but I definitely think that they could be doing another 10-20% in business with a dealer network.
Again I’m not saying Tesla sales would be 50% more if they had sales people but I definitely think that they could be doing another 10-20% in business with a dealer network.
As fir maybe they could do 10-20% more business...maybe...but would they make 10-20% more profit? I doubt it.
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AMIRZA786 (04-22-24)
#2231
#2232
It would never sell if it's even remotely close to the S/X Plaid price. It wouldn't even be close to the Model S LR price. I predict it will be about $10k (at the most) more than the Model 3 LR .
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AMIRZA786 (04-22-24)
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Allen K (04-23-24)
#2235