Is it time to cancel the model 3 order?

Is it time to cancel the model 3 order?

Author
Discussion

anonymous-user

Original Poster:

54 months

Monday 23rd July 2018
quotequote all
[redacted]

tr3a

492 posts

227 months

Monday 23rd July 2018
quotequote all
I'm hanging on to my reservation. Musk may be an eccentric, and genius borders on madness, but he shows personal development as well.

Expectations are the mother of all disappointments, so I don't expect mine before the end of next year. My current hybrid Lexus is only just coming up to 100,000 kms and I'm sure it's good for at least triple that. I'd love to have one now, but I'm not desperate for a Model 3. I'll have it when it's available.

Mr. White

1,034 posts

104 months

Monday 23rd July 2018
quotequote all
I have. By 2020 there'll be all sorts of lovely EVs available - Porsche Taken, Honda Sports EV etc. that the 3 doesn't look that special any more.

I've cancelled, bought an i3 REX to run for three years and will then get a Porsche Toucan or similar in 2021.

98elise

26,626 posts

161 months

Monday 23rd July 2018
quotequote all
Thinking of canceling mine. When I ordered it I was doing 30-40k miles a year and could buy it though my company.

Now I drive 4 miles to the station each day, and am likely to retire in the next couple of years. I can't justify a 35k brand new car on that basis.

AnotherClarkey

3,596 posts

189 months

Monday 23rd July 2018
quotequote all
I feel the same way. Maybe I will wait until I get a test drive but I think my enthusiasm has gone off the boil. I think I might swap my CR-Z for the upcoming electric Honda - I'm not really an 'executive saloon' type of person and prefer FWD anyway.

Heres Johnny

7,229 posts

124 months

Tuesday 24th July 2018
quotequote all
There's absolutely no need to keep your reservation, in the US the waiting time for new orders is a couple of months - so even if you decided you did want to buy one, its not as if you'll be at the back of a year long queue waiting without a reservation. Meanwhile, you're reservation fee is a free unsecured loan to tesla.

That's not to say the M3 is a bad car, and the wait for delivery is no different to that expected (it was always going to be a long wait), its just the shine is wearing off the company a little, in part due to increasing familaisation and in part because of the seemingly never ending stream of news with a bias towards the negative.

clarkey

1,365 posts

284 months

Tuesday 24th July 2018
quotequote all
Yes, I agree. I'm going to cancel mine. My needs have changed since I placed the order, and I have a 530e turning up in September.

98elise

26,626 posts

161 months

Tuesday 24th July 2018
quotequote all
Heres Johnny said:
There's absolutely no need to keep your reservation, in the US the waiting time for new orders is a couple of months - so even if you decided you did want to buy one, its not as if you'll be at the back of a year long queue waiting without a reservation. Meanwhile, you're reservation fee is a free unsecured loan to tesla.

That's not to say the M3 is a bad car, and the wait for delivery is no different to that expected (it was always going to be a long wait), its just the shine is wearing off the company a little, in part due to increasing familaisation and in part because of the seemingly never ending stream of news with a bias towards the negative.
It's only a few months if you want a high spec model.

sjg

7,452 posts

265 months

Tuesday 24th July 2018
quotequote all
I guess it's down to what you're planning to get. If you're willing to stump up the extra for the premium stuff, long range battery, etc (so it becomes a £45k+ car) then you're likely to get that late next year in the UK. It's still a lot cheaper than a Model S, you get access to the same supercharger network (one of the biggest Tesla plus points in the UK, IMO), and it should be a decent longer-range car. Yes, other manufacturers will be catching up in the meantime but it should still be very competitive.

If you're after the base model ($35k, so probably at least that in £) you'll be waiting a lot longer, and there are plenty of good alternatives out or coming soon in that space.

As said, the reservation pool isn't close to emptying, as you might infer from the opening of ordering to non reservation holders in the US & Canada. There are an awful lot of people who don't want an expensive one and have deferred their reservation until the cheap one comes along. Tesla need the higher margin higher spec ones out of the door first.

Heres Johnny

7,229 posts

124 months

Tuesday 24th July 2018
quotequote all
98elise said:
It's only a few months if you want a high spec model.
It’s only a few months on any model they sell

sjg

7,452 posts

265 months

Tuesday 24th July 2018
quotequote all
...exactly, which doesn't include the standard battery one. The "$35k Tesla" that grabbed all the headlines and got a lot of people excited can't be bought yet, which is why there's so many unfilled reservations - lots of people are waiting.

The cheapest Model 3 you can buy right now is $50k inc delivery (solid black, basic wheels, premium interior, long range battery), then sales tax on top (about $5200 in California), but you do get $7500 back as tax credit. They weasel in "gas savings" to confuse people further - you'll be needing to stump up over $55k to get in one, then the tax credit (while it lasts) will bring your overall cost down to $47700.


PixelpeepS3

8,600 posts

142 months

Tuesday 24th July 2018
quotequote all
AnotherClarkey said:
I'm not really an 'executive saloon' type of person and prefer FWD anyway.


Heres Johnny

7,229 posts

124 months

Tuesday 24th July 2018
quotequote all
sjg said:
...exactly, which doesn't include the standard battery one. The "$35k Tesla" that grabbed all the headlines and got a lot of people excited can't be bought yet, which is why there's so many unfilled reservations - lots of people are waiting.

The cheapest Model 3 you can buy right now is $50k inc delivery (solid black, basic wheels, premium interior, long range battery), then sales tax on top (about $5200 in California), but you do get $7500 back as tax credit. They weasel in "gas savings" to confuse people further - you'll be needing to stump up over $55k to get in one, then the tax credit (while it lasts) will bring your overall cost down to $47700.
Pretty stupid really - people holding out for a 35k which by the time it arrives won’t get the tax credit rather than buy a 49k car that does. The sales tax etc is common on both. So for a net 7k more for a better car and people aren’t buying .

Either way - you’re suggesting the reservation is only worth it if you’re after the cheapest model which will be the last to market.

sjg

7,452 posts

265 months

Tuesday 24th July 2018
quotequote all
The opposite: for a UK reservation holder it's probably worth holding if you're willing to buy an expensive one as soon as offered.

If you're planning to hold out for a cheaper one, you'll probably be waiting so long that there are lots of good alternatives instead.

manracer

1,544 posts

97 months

Tuesday 24th July 2018
quotequote all
I'm keeping mine. The £1000 reservation is long forgotten about. I want my model 3!

feef

5,206 posts

183 months

Tuesday 24th July 2018
quotequote all
With the likes of the Hyundai Kona Electric on the horizon (in showrooms next month) with a 300 mile range and £30k price, it's getting to the stage that the 'mainstream' manufacturers are quickly catching up. Granted the Small SUV Kona isn't a patch on the Model 3 for size or equipment, but it's definitely closing the gap

garreth64

663 posts

221 months

Friday 27th July 2018
quotequote all
I'm hanging in for now but 95% going to cancel.

I reserved on 1st April 2016 at 09:30 in my local store. However I got fed up with my Audi S3 in February 2018 after 3 years, so purchased a pre-reg BMW 440i with loads of extras, which I am loving.

I'm going to wait for now until UK pricing is revealed, the more it is delayed the more likely I would be to change, as I would ideally want to keep the 440i for 2-3 years minimum before changing. Then again, the longer I wait, there may be other viable EV options available.

Plus the 440i has everything I want including HUD, special paint, white exclusive leather, no chrome, decent stereo, nav, adaptive LEDs etc etc as well as the lovely engine, so I would at least need to buy the LR Model 3 with paint, premium and 19's, then get it de-chromed, and ideally I would like the AWD too but probably will be too expensive.











gangzoom

6,303 posts

215 months

Friday 27th July 2018
quotequote all
feef said:
With the likes of the Hyundai Kona Electric on the horizon (in showrooms next month) with a 300 mile range and £30k price, it's getting to the stage that the 'mainstream' manufacturers are quickly catching up.
Like who??

The first 5 posts in this 'EV and Alternative Fuels' section of this forum is all about Tesla.

I've been properly following EV development since I got my Leaf in 2015 and have learnt most EV 'announcements' from XYZ are nothing more than that - words. As we all know the internet is full of people who talk lots, but in the real world its about delivery.

The Kona is a great EV, in the same way a Qashqai is a great car - but does anyone here strive to own a Qashqai. I would be amazed if you can get £1 discount on a Kona, and as good as the Kona might be for efficiency/range as an EV am not sure many people will stup up £30K for a small Hyundai.

The iPace is the closest thing to been a 'rival' but at £60K+, still no customer roadtests (let alone deliveries), and early suggestion it might end up with less range at M-ways speeds than a Kona EV, it's hardly the EV to trigger 'mass adoption' is it?

We'll wait and see what VAG comes up with over the next 12 months, their PR machine have been going full throttle about EVs, but we all know how good VAG is telling the world the truth behind their cooperate strategy wink


Steve57

2,159 posts

242 months

Friday 27th July 2018
quotequote all
Cancelled mine last month and got £1000 back wink

FurtiveFreddy

8,577 posts

237 months

Friday 27th July 2018
quotequote all
I'm stubbornly holding out, like the majority I suspect.