This was posted 5 years 8 months 19 days ago, and might be an out-dated deal.

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Tesla Model S Ludicrous Performance (née P100D) - From $164,465 (33% off - was $248,000+)

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Tesla Model S Ludicrous Performance (née P100D) - From $164,465 (33% off - was $248,000+)
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Lpathacks on 03/03/2019 - 10:47 tesla.com (16962 clicks)
Last edited 12/03/2019 - 08:56 by 1 other user

Didn't expect this to be my first post, but here we are.

Obviously not a deal for everyone, and still a high yield investment depreciating asset, but Tesla has adjusted the price on their highest end Model S and Model X by about 33% which is a pretty significant saving of about $82,000 - $85,000 (or thereabouts) varying based on on-road costs for whichever state you're going to register the car in.

E.g. VIC pricing

  • Tesla Model S Ludicrous Performance (previously known as P100D) - $165,529 (was $248,112)
  • Tesla Model X Ludicrous Performance (previously known as P100D) - $172,502 (was $258,402)

For anyone previously looking to buy one of these, the value proposition has become a lot better. Still not for everyone. A pricing change of this magnitude is pretty much unheard of in the automotive industry, so it should be interesting to see what impacts it has on the resale value of existing used cars.

Here's an article from Carsales summarising the changes

UPDATE: These prices will only be valid until March 18th 2019 as Tesla will be increasing prices to make up for closing less stores than initially planned. They estimate 3% on average, but this higher margin variant may end up absorbing a large portion of the price increases.

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closed Comments

  • Noobist45 on 03/03/2019 - 10:49
    +267

    Hell of a first post!

    • MadMaxBargainRoad on 03/03/2019 - 11:23
      +141

      Can't agree more………the Eneloops in there alone worth this much

      • Kangal on 03/03/2019 - 11:42
        +83

        Ah, just tried to order one but the website keeps crashing. Did it just get OzBargained??!

    • jlogic on 03/03/2019 - 11:30
      +12

      Well we know they have Eneloops because Panasonic makes the battery for Tesla. This folks is why Eneloop deals are far and few between, all stock redirected to Tesla.

      /s

    • Ozai on 03/03/2019 - 11:44
      +6

      Yep you save enough from this deal to buy a high yield investment car!

    • pathacks on 03/03/2019 - 18:53
      +1

      Seems so! Wasn't expecting such a widespread reaction from the OzBargain community. Makes me curious as to how many of us actually ended up putting an order through. Any hands?

      • Waffles on 04/03/2019 - 07:53
        +3

        I bet someone broden'd them all

        • bingsta on 04/03/2019 - 09:53
          -1

          Jus picked up a broden off gumtree

    • jv on 04/03/2019 - 11:42
      +23

      Why is there a luxury car tax on this?

      The luxury car tax was set up to protect our local car manufacturers. They no longer exist !!!

      • cwongtech on 04/03/2019 - 13:12
        +1

        Free money for the government.

        • bargaino on 06/03/2019 - 13:33
          -1

          Free money for the government.

          They need "free" money to provide your healthcare, schooling, roads etc.
          Or would you prefer the American model where they lower taxes and just keep borrowing money instead?

          • cwongtech on 06/03/2019 - 17:06
            +5

            @bargaino:

            They need "free" money to provide your healthcare, schooling, roads etc.

            Don't forget the $5000 helicopter rides.. and the $2000 a month internet fees..

            Or would you prefer the American model where they lower taxes and just keep borrowing money instead?

            I don't mind paying more taxes, as long as they are transparent, and truly for the betterment of the people for Australia, not for the politician's buddies.

            Protectionism protects inefficient industries, all it does is put a bandaid on a gushing wound.

            Or better yet, it's like collecting money from normal people to spend on a really stupid kid to make them be able to temporarily compete with smarter children around the world. It's completely logical if the kid will outsmart their competition, but if nothing changes (like the Australian automotive industry), what's the point?

            just keep borrowing money instead?

            You can only do that if you are large enough, or as per credit limits, have a proven capacity to repay the debt.
            Which the Australian Automotive industry does not have..

            • smellyboy2k on 10/03/2019 - 07:15

              @cwongtech: "Or better yet, it's like collecting money from normal people to spend on a really stupid kid to make them be able to temporarily compete with smarter children around the world. It's completely logical if the kid will outsmart their competition, but if nothing changes (like the Australian automotive industry), what's the point?"

              Hey, hey! We're all equal ;)

      • pathacks on 04/03/2019 - 13:31
        +3

        LCT in its current state isn't working very well, demonstrated no better than by Toyota buyers paying more than a lot of prestige brands.

        Rework is required, but the government will be mindful to balance the growing hole caused by the decline in fuel excise tax revenue, all the while trying to incentivising EV uptake growth.

        • jv on 04/03/2019 - 13:33
          +1

          all the while trying to incentivising EV uptake growth.

          Why? We still mainly use fossil fuels to generate electricity.

      • affable on 04/03/2019 - 13:47

        According to NSW labor, if you can afford a decent car and now a boat, you are obviously earning too much.
        Its all for the nurses, so its ok to double, no triple tax the smart workers.

        http://www.mysailing.com.au/boats/boating-industry-blasts-ns…

      • bargaino on 06/03/2019 - 13:31
        -1

        luxury car tax is the perfect tax.

        Buyers in practice have a constant budget. If the tax was removed, they would still spend just as much, because it is all about prestige, status. Yes they would have a fancier car, but so would all their peers, so no status gained.

        • jv on 06/03/2019 - 13:33
          +4

          luxury car tax is the perfect tax.

          it servers no purpose other than to raise gov revenue.

          • bargaino on 06/03/2019 - 13:37
            -2

            @jv: Do you fail to see why we need that? Are public services and infrastructure a bad thing?
            That money pays the salaries of doctors so they can buy Teslas.

            But also, the tax helps our balance of payments.

            • jv on 06/03/2019 - 13:39
              +1

              @bargaino:

              Do you fail to see why we need that?

              That's what GST is for…

        • pathacks on 06/03/2019 - 13:43

          It's not the perfect tax, because the current threshold is affecting suburban mums and dads (who are not doctors or lawyers), just wanting a Toyota Kluger or a Toyota Prado for their growing families. It needs some more thought and refinement, especially now that aussie manufactured cars no longer exist.

          • bargaino on 06/03/2019 - 14:34
            +6

            @pathacks: And why do they want a Kluger? To keep up with the Jones.
            But most Klugers are still under the LCT threshold. $20k under for the base model. And the tax only applies to the excess.

            Fewer tanks on the road by wannabe 4WD-ers who never the the bitumen, the better.

            • pathacks on 06/03/2019 - 15:45

              @bargaino: I wouldn't necessarily put a suburban family choosing a safe, comfortable SUV for their family in the same bucket as a high net worth individual buying their second Ferrari.

              'Luxury' is a sliding scale, and the current application of LCT gets the beginning of the scale all wrong. Should there also be a 'luxury' goods tax on anything that could be classified as a form of consumption beyond the bare basics?

              • bargaino on 06/03/2019 - 15:54
                +1

                @pathacks: And its not. Even Kluger is under the threshold, unless you go for all the options like super-gas-guzzling and panda-skin seat covers.

                • pathacks on 06/03/2019 - 16:09
                  +2

                  @bargaino: And if you're saying LCT is the perfect tax all about taxing people who buy cars for status, why is it that the following cars don't attract a cent of LCT?

                  Audi A4 Allroad 2.0 TFSI Quattro $74,800
                  Audi TT 2.0 Sport Coupe $74,700
                  Audi A5 Sportback 2.0 TFSI $70,100
                  BMW 230i Luxury Line Convertible $74,400
                  BMW 330i Sportline sedan $70,900
                  BMW X3 2.0d xDrive $69,900
                  Mercedes C300 sedan $71,400
                  Mercedes GLC250d $74,000
                  Mercedes SLC 180 convertible $71,900

                  • bargaino on 06/03/2019 - 17:10

                    @pathacks:

                    you're saying

                    Cathy Newman?

                    They get a higher threshold by being more fuel efficient.
                    But surely you knew that?

                    So you are saying the threshold should be set lower? :-)

                    • pathacks on 06/03/2019 - 19:32
                      +1

                      @bargaino:

                      They get a higher threshold by being more fuel efficient.

                      Really? So there are factors other than "prestige, status" that people consider when buying a car? And they shouldn't be paying extra tax for not wanting to use more petrol? Great!

                      I'm saying that the current <7km/100km "fuel efficient vehicle" threshold is now completely outdated, as the low capacity forced induction Euro engines have been showing for years now. Especially the impending wave of EVs, LCT needs to be revised.

              • scheps on 10/03/2019 - 12:36
                +1

                @pathacks: good point. iphone should have luxury phone tax. i cant afford one. its luxury to me. lost track of when iphones began to cost so much its crazy.

    • Thunderdownunder on 07/03/2019 - 19:40

      Watts Up! this is just Ludicrous. I think this is a fire sale and current owners are being burnt. I should just Short Tesla but before I make that fatal decision have to put the Positives and the negatives together and see I don't get sacrificed to the Gods of Lithium. (#sarc@adiscountisa discount)

    • Lps on 10/03/2019 - 07:44

      You’d have to call it viral

  • Ryanek on 03/03/2019 - 10:50
    +66

    A bargain is a bargain, good first post :)

    • Damnsmart on 03/03/2019 - 11:41
      +1

      Should we get a better price on a used car based on this new car price reduction?

      • Bryanalves on 03/03/2019 - 23:47
        -4

        No because the people selling would of got it for a higher price.

        • JTTheMan on 04/03/2019 - 09:01
          +1

          But the buyer has a choice

          • Damnsmart on 04/03/2019 - 09:07
            +1

            @JTTheMan: Thats right, it opened up a space for negotiation

        • jboz on 04/03/2019 - 10:37

          That’s wrong. Someone still has to buy it. But what buyer will pay more for used…

      • jboz on 04/03/2019 - 10:33

        Yep, market sets the price.

    • furythree on 03/03/2019 - 21:09
      +22

      5% pricematch at officeworks?

      use cashrewards for cashback

      and 28 degrees price protection in case it drops further this year

  • SBOB on 03/03/2019 - 10:50
    +162

    wow, current owners just saw a hell of a depreciation drop :/

    • [Deactivated] on 03/03/2019 - 11:30
      +21

      sucks to be a current owner.

      • Pricebeat on 03/03/2019 - 11:33
        +77

        Time to put through price protection claim

        • [Deactivated] on 03/03/2019 - 11:36

          is that a thing? It would suck really badly if you just took delivery of one.

          • TimApple on 03/03/2019 - 11:44
            +18

            @[Deactivated]: Yes this is a thing. I’m not sure how many credit card companies issue cards with a limit of $250k though.

            • macrocephalic on 03/03/2019 - 12:02
              +1

              @TimApple: Probably lots - as long as you have a salary in the multiple hundreds of thousands, and are free of other debt.

              I've found that most banks are happy to offer me a credit limit of over 1/3 of my annual income.

        • [Deactivated] on 03/03/2019 - 11:38
          +2

          is that a thing? It would suck really badly if you just took delivery of one. For $80k most people would be pretty motivated to pursue this as far as they could and would shell out for a lawyer.

          • [Deactivated] on 03/03/2019 - 11:39
            +20

            @[Deactivated]: Didn’t you pay for your Tesla on your Coles Mastercard? Tut tut.

          • pgdownload on 03/03/2019 - 11:43
            -3

            @[Deactivated]: Price protection is something companies add voluntarily to a deal. If it's not mentioned there's no legal basis for why you should get it. The lawyer you hired would tell you that

            Peter

            • hypie on 03/03/2019 - 11:45
              +3

              @pgdownload: I think he was referring to credit card price protection mate.

            • [Deactivated] on 03/03/2019 - 11:51

              @pgdownload: shitty thing to do to existing owners.

            • b2dz on 03/03/2019 - 12:58
              +2

              @pgdownload: The lawyer's name is Peter?

              Peter.

          • [Deactivated] on 03/03/2019 - 11:50

            @[Deactivated]: Oh through credit cards, I didn't realise that's what you meant.

          • 2024 on 03/03/2019 - 20:38
            +3

            @[Deactivated]: I'd say most with delivery orders are lawyers, or have one in their circle.

        • frugal investigator on 03/03/2019 - 12:35

          Price protection won’t work as it is a new model which has a reduced price not the same model.

      • peterw1 on 03/03/2019 - 13:10

        but I own an electricity station. Whats the problem?

      • Ulysses31 on 03/03/2019 - 13:49
        +1

        Could be a pun there.

      • altomic on 03/03/2019 - 15:09
        +15

        sucks to be a current owner.

        must resist electric car pun

      • imahapyboy on 03/03/2019 - 18:44

        ya~ suckers~

        • Bunburyist on 04/03/2019 - 01:28
          +3

          Surely there wouldn't be much impedance to buying one at that price. Is that the current model? Wouldn't mind driving one of them ohm. There, I'm done.

    • alexGoodwin on 03/03/2019 - 11:51
      +17

      Tesla entire range takes a similar % price cut to make the international market price equivalent to the US (i remember i'd read it somewhere a few days ago) .

      wish AUS government and car makers could do something about, as comparing to US, AUS car price is ridiculous. there is no long excuses to protect local car markers and make every one suffer…

      • [Deactivated] on 03/03/2019 - 12:06
        +7

        Tesla spends a fortune on warranty repairs. Anecdotally, the cars are somewhat unreliable, but the service is top-notch when they break.

        I have a friend in California who is on his second Tesla, and he says that while his experience is that they often break down a few times a year, Tesla are out there with a replacement within hours that he can use while they repair it.

        Trying to achieve the same level of service in a more sparsely-populated country with a smaller EV market must be expensive.

        • fantombloo on 03/03/2019 - 14:25
          +12

          Trying to achieve the same level of service in a more sparsely-populated country with a smaller EV market must be expensive.

          Australia is one of the most urbanised nations in the world. This "we're a few people in a big place" reason is usually unjustifiable.

          • p1 ama on 03/03/2019 - 15:25
            +4

            @fantombloo:

            This "we're a few people in a big place" reason is usually unjustifiable.

            Yes and no. I agree with you in that most of the Australian population is collected in a few capital cities. However, the flip side is that the distances between those cities are quite vast.

            My issue with having a Tesla is that the supercharging infrastructure in Australia is just not there yet. They've built up the basic routes so that you can make it from, say Mel to Syd in a Tesla, but beyond that, there are plenty of places in Australia which you can't get to on a Tesla because it's too far away from somewhere you can charge.

            These things will improve over time and I would hazard a guess to say that putting in superchargers would be easier to set up petrol stations with the infrastructure required to get fuel to very remote locations. In a sense, the long run outlook is really good. However, at the moment, one of the reasons why I won't get a Tesla is that I enjoy long roadtrips and in AU, with a Tesla, that's not practical yet.

            • fantombloo on 03/03/2019 - 15:34

              @p1 ama: You present information that shapes your own purchasing decisions. That's fine, but has little relation to the original point you claimed - that increased prices, including for servicing, are related to our population density.

              • p1 ama on 03/03/2019 - 15:37
                +3

                @fantombloo:

                You present information that shapes your own purchasing decisions. That's fine, but has little relation to the original point you claimed - that increased prices, including servicing, are related to our population density.

                It addresses the original point, that in Australia, because we have vast distances between cities, it can be expensive to install the infrastructure required to make Tesla a viable purchase, e.g. superchargers. Ultimately, there will have to be superchargers placed in unprofitable locations because the distances in Australia can be so vast. These are necessary to making Tesla a viable alternative to petrol cars.

                These costs (amongst others) will drive up the costs of bringing Tesla cars to Australia.

                • fantombloo on 03/03/2019 - 15:46
                  +2

                  @p1 ama: The distances between 80% of our population are comparable to European nations and the eastern US states. No-one expects a charging station at Uluru.

                  This same faulty logic is used to justify the sad state of our roads when we need less than 2000km - less than many other much smaller countries - to connect the bulk of the population. Sydney to Melbourne is one of the busiest transport corridors on earth yet we barely completed a 2 lane carriageway only a few years ago. Again, no one expects a freeway to Uluru.

                  A market that tolerates price gouging will increase the costs of goods and services here - that's about it.

                  • p1 ama on 04/03/2019 - 02:28

                    @fantombloo:

                    No-one expects a charging station at Uluru.

                    Why not? It may not make profitable sense for Tesla to install one there, but if EVs are going to replace petrol for cars and trucks, obviously there needs to be a charging station there. The fact that there are petrol stations in even more remote areas shows the need.

                    This same faulty logic is used to justify the sad state of our roads when we need less than 2000km - less than many other much smaller countries - to connect the bulk of the population. Sydney to Melbourne is one of the busiest transport corridors on earth yet we barely completed a 2 lane carriageway only a few years ago. Again, no one expects a freeway to Uluru.

                    As someone who's driven over 60,000km all over Australia, I disagree. Most of the interstate routes are actually fine. Traffic in the cities are a much bigger problem. I don't think our interstate system is that sad at all.

                    A market that tolerates price gouging will increase the costs of goods and services here - that's about it.

                    Yes, things are more expensive in Australia. That's not a good thing, but at least be intellectually honest and realise there are reasons for that beyond just "price gouging".

                    Shipping things to Australia does cost more money. We also have a high minimum wage and people here make more than most places around the world. Land is expensive in the capital cities, we have high import tariffs on many goods…etc.

                    The truth is that the cost of living in Australia is not terribly high. https://www.numbeo.com/cost-of-living/rankings_by_country.js…

                    We still sit lower than many European countries you're comparing us to including Switzerland, France, Luxembourg, Belgium, Denmark…etc. Of course, it's nicer if we're cheaper, but those are the facts.

            • Safoan on 03/03/2019 - 23:50

              @p1 ama: Hiring a petrol car for long trips outside supercharging network should solve the issue for me. I maybe drive more than 300 mile once or twice a year not more and I am sure I will be saving more money from not buying fuel to offset the cost of hiring a car for those rare trips.

          • [Deactivated] on 03/03/2019 - 18:29

            @fantombloo: The capital cities are a long way apart, and there are so few EVs that many city blocks in California probably have more Tesla vehicles than many cities in Australia (literally).

          • dyziplen on 03/03/2019 - 21:14
            +5

            @fantombloo: Yeah, same with NBN. Despite that the majority of the country lives in a couple of major centres with no body in between. People yell Australia is so big as an excuse.

            • fantombloo on 03/03/2019 - 21:36
              +1

              @dyziplen: It's a joke. Instead of being honestly critical of ourselves we delude ourselves with excuses for our poor form. Our roads and network infrastructure are an embarrassment in light of our apparent wealth.

        • mickeyjuiceman on 04/03/2019 - 00:25
          -1

          They are the Apple of cars, agreed.

        • smellyboy2k on 10/03/2019 - 07:25

          serious question here, poorly educated.
          A few searches and you find there is data out confirming the car has reliability issues and also that Tesla has good service. When does it not become anecdotal to make your reply? Or do you say anecdotal because of the reference to your friend afterwards?

          • [Deactivated] on 10/03/2019 - 09:33

            @smellyboy2k: I didn’t bother to do any searching for proper studies from reputable institutions. I just know a Tesla owner, who in turn knows others who have the same experience.

            My policy is that if I can’t back up a claim with a reference from a reputable study, I’ll affix the caveat that it’s anecdotal information.

            My pet hate is people who supply information as absolute truth without a citation to back it up. I don’t do that.

      • p1 ama on 03/03/2019 - 12:25
        +10

        there is no long excuses to protect local car markers and make every one suffer…

        There are no local car makers…

        • alexGoodwin on 03/03/2019 - 12:34
          +1

          no longer

          autocorrect :(

      • ajole on 03/03/2019 - 12:26
        +5

        Australian Luxury Car Tax is 33% https://www.ato.gov.au/Business/Luxury-car-tax/

        In California for example, car tax on new and used is only 7.5%

        • duketing on 03/03/2019 - 16:51
          +4

          hang on.. that should go now as no local cars are being made anymore right? that was to protect the local car makers.

        • dcep on 03/03/2019 - 19:42

          LCT applies to sales of cars that are two years old or less.
          A car is more than two years old at the time of supply if it was manufactured locally or imported more than two years previously.

          Makes no sense. Still don't know what categorized as luxury car.
          Can't they just spell it upfront.

  • Hinee on 03/03/2019 - 10:53
    +110

    Don't remember the last deal with an $80,000 discount. I guess you've earned my +

    • footyboy on 03/03/2019 - 12:21
      +15

      I can show you many listings on realestate.com.au with bigger discounts than $80k…..

      • MountFranklin on 03/03/2019 - 20:30
        +6

        But you cannot buy 10+ identical houses at 80k saving.
        That is why this is a bargain and not your multiple listings on realestate.com of different houses

        • lostn on 03/03/2019 - 21:52

          You can if it's a street with a lot of the same type of unit. I see that everywhere. A whole lot of identical units. But I haven't seen any on OzB yet

          • eunnip on 04/03/2019 - 00:21
            +1

            @lostn: There are no identical units on the same street. It will be on a different level and facing different directions.

            • lostn on 04/03/2019 - 09:22

              @eunnip: I'll take a photo for you next time. They are not on a different level.

              But if they're facing different directions, I still consider them the same thing. To call them unique because they're facing a different direction is splitting hairs. The architecture and look are the same.

              • MountFranklin on 04/03/2019 - 18:12

                @lostn: Oh my friend have you purchased property before? Everyone knows value of homes change significantly depending on which direction you face. Facing north and south is completely different to East and west in terms of energybusage, heat/UV and overall comfort.
                If you manage to find 10+ units all facing the same direction with all identical layouts, with all 80k discount in Australia then you have a bargain.
                Also real-estate is dependent on what the market is willing to pay unless you are talking about off the plan newly built units.

                • lostn on 04/03/2019 - 18:24

                  @MountFranklin: All I'm saying is, it's not true that units must always face a different direction or must be on a different level.

                  "There are no identical units on the same street. It will be on a different level and facing different directions."

                  Nor did I say you can find them 80k off on Ozb, or that their prices didn't vary based on what the seller and buyer is willing to accept.

                  If the houses are on the same street next door to each other, you can't have them face different directions. The front is the front, the back is the back.

                  Also, it's not really a discount if it's a permanent price cut in accordance with another market. Discounts by nature are temporary.

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