This was posted 5 years 8 months 21 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

      • papachris on 03/03/2019 - 21:40
        +6

        There are NO discounts on real estate. A house is only worth what current buyers are willing to pay for it…

        • [Deactivated] on 04/03/2019 - 07:23
          +1

          And also worth what sellers are selling for.
          Only stupid buyers pay more.

          Sellers, especially those greedy daisy-chain loaners will be desperate to offload some of their properties to reduce their multi million interest only debt.

        • lostn on 04/03/2019 - 18:27
          +1

          You get a discount if you can haggle the seller into letting it go for less than they wanted.

      • Hinee on 04/03/2019 - 10:30

        By deal you realise I mean a post on OzBargain?

    • Antikythera on 03/03/2019 - 12:23
      +30

      Every deal has a potential $80,000 discount if you Broden it.

      $1 off cheeseburgers? buy 80,000.

  • PLANT on 03/03/2019 - 10:55
    +3

    How much Aussie tax on America/Europe still?

    • Save Medicare on 03/03/2019 - 11:40
      +20

      This is actually a pretty good deal. P100D Model S in USA is $139,837 AUD so adding on some LCT and this is 1:1 pricing

      Much better than porsche where the price is still 2x the USA / UK price

      • alex27 on 03/03/2019 - 14:30
        +2

        they pay 6XXXX for M3 while we pay 6XXXX for a 3, Australia government should do something

        • Mitch889 on 03/03/2019 - 15:01
          -6

          US$60k =/= AU$60k

          • [Deactivated] on 03/03/2019 - 15:06
            +6

            @Mitch889: In the UK an M3 is about 55k pounds or a bit over $100,000. Here they are ~$155k+ on road expenses, etc.

            • Mitch889 on 03/03/2019 - 17:11

              @[Deactivated]: That doesn’t account for any spec and equipment differences. M3 Pure has been on special for $119k drive for ages.

              • [Deactivated] on 03/03/2019 - 17:54
                +4

                @Mitch889: That's comparing completely different models then so pointless. The M3 pure doesn't exist in the UK yet. My prices are similarly equipped base model standard M3s. So its a bit weird that you'd criticise my price comparison where there may be slight spec differences, when you're happy to compare completely different models.

        • Illyria on 03/03/2019 - 15:29
          +3

          The Australian gov't is doing something. They're spanking us with taxes, hence the price diff.

    • scatman00 on 03/03/2019 - 10:57
      +37

      For those in the market, how is it not?

      • magic8ballgag on 03/03/2019 - 14:55
        +2

        Ah, to be the 0.1% of OzB…

        • Charity on 03/03/2019 - 21:30
          +3

          According to the forums, the average OzBargainer is earning $350K per year. $200K is the poverty line. :D

    • ZachBlasphemy on 03/03/2019 - 11:20
      +15

      Dictionary result for bargain

      /ˈbɑːɡɪn/

      noun

      A thing bought or offered for sale much more cheaply than is usual or expected.
      "the Tesla Model S was a real bargain"
      synonyms: good buy, cheap buy; (good) value for money, surprisingly cheap; informalsnip, steal, giveaway
      "this Tesla Model S is a bargain at $164,465"

    • smartazz104 on 03/03/2019 - 11:21
      +8

      A 33% reduction in price doesn't count as a bargain in your book?

    • Icecold5000 on 03/03/2019 - 11:37
      +9

      Time to get a better job mate

      • chartparker on 03/03/2019 - 17:15
        +2

        And lay off the smashed avo

  • pingualien on 03/03/2019 - 10:56
    +179

    thanks bought 5

    • DarkOz on 03/03/2019 - 11:33
      +56

      OP just saved you $400,000. This is epic.

    • AlexF on 03/03/2019 - 13:06
      +4

      Different interior for each weekday?

      • stumo on 03/03/2019 - 13:26
        +13

        They're for eBay.

        • DocC on 03/03/2019 - 21:14

          I’ll wait for the 10% off site wide with max saving $17000 deal then!

          • Charity on 03/03/2019 - 21:31
            +2

            @DocC: Excludes giftcards and cars :D

          • papachris on 03/03/2019 - 21:44
            +1

            @DocC: Look out for the jacking…

    • imahapyboy on 03/03/2019 - 18:45

      dad, 1 is for me right?

  • miarn on 03/03/2019 - 10:57
    +32

    That's a lot of eneloops

  • Lord Fart Bucket on 03/03/2019 - 10:57
    +6

    Can I mod this with eneloops?

    • Ragnarok1983 on 03/03/2019 - 11:04
      +2

      Nope, but you can with 18650's!

      • mapax on 03/03/2019 - 11:19

        Don't they use 20700 or 21700?

        • reecho on 03/03/2019 - 11:34
          +2

          Model S & X use 18650. Model 3 uses 21700.

          • mapax on 03/03/2019 - 11:48

            @reecho: Thanks. LOL, should make it easier to find "tesla pulls" now I know which models have 18650.

          • zqipz on 04/03/2019 - 08:50

            @reecho: same as my torch

  • AlienC on 03/03/2019 - 10:57
    +12

    B28?

    • pennypincher98 on 03/03/2019 - 11:09
      +14

      Notification LED?

      • 51ngh on 03/03/2019 - 11:12
        +9

        aka Blinkers

  • justcallmeboss on 03/03/2019 - 10:58
    +85

    Officeworks price beat?

    • kaitoivan on 03/03/2019 - 11:03
      +66

      They don't have the same colour.

      • AlienC on 03/03/2019 - 11:16
        +22

        Anyone got a receipt for price match

        • DarkOz on 03/03/2019 - 11:34
          +12

          Ask the guy that bought 5. Cheaper at OW if you bulk buy.

          • AlienC on 03/03/2019 - 14:01
            +1

            @DarkOz: Gonna look and see if any price errors or matches at Hardly Normal and JB High Five.

    • Ethan Bargain-Hunt on 03/03/2019 - 15:17
      +1

      the best thread I've read.

  • bhunter101 on 03/03/2019 - 10:58
    +4

    How can someone earning under 6 figures can be an owner of this car? I’m a big fan of Tesla but don’t have investment and don’t want to pay more than 5% interest rate. But very good first bargain post. +1 for sure.

    • SBOB on 03/03/2019 - 10:59
      +76

      pretty sure people earning under 100k aren't the target market for a $100k+ car

      • Icecold5000 on 03/03/2019 - 13:01
        +2

        I earn over 100k and Id be rolling in early 00s Honda lol.

        Do you reckon chicks would dig this enough to Netflix and chill with me? That would make it worthwhile.

    • JMC on 03/03/2019 - 11:00
      +27

      This car isn't really targeted at people earning less than six figures. It'd be possible to do it, but probably a very poor decision.

      • Loki556 on 03/03/2019 - 11:10
        -5

        I think you mean 7 figures or high 6s…

        • FabMan on 03/03/2019 - 11:46
          +24

          I'm earn low 6 and if I didn't have kids this would be very tempting, but since I have kids, I drive a Hyuandi. :'(

          • exit on 03/03/2019 - 12:08

            @FabMan: Do you send your kids to elite private schools and stuff?

            • FabMan on 03/03/2019 - 12:47
              +4

              @exit: Considering it, they are too young at the moment. But then that is beans on toast while they'll grow up and have nothing in commom with their idiot parents.

          • mrseltel on 03/03/2019 - 12:12
            +2

            @FabMan: I too would get this if I didn’t have kids- instead about to pull the trigger on a Kia carnival…

          • bghunter on 03/03/2019 - 12:16
            -5

            @FabMan:

            I drive a Hyuandi. :'(

            If you can drive 'Hyuandi', i am pretty sure you'd be able to afford 'Telsa' too

          • Antikythera on 03/03/2019 - 12:28
            +5

            @FabMan: "drive a Hyuandi"

            And on the 18th birthday he found out it wasn't his?!

            • [Deactivated] on 03/03/2019 - 12:33
              +1

              @Antikythera: Hey man he never said he won the superbowl…

          • Homr on 03/03/2019 - 19:23

            @FabMan: Whats your occupation?

      • p1 ama on 03/03/2019 - 15:30
        +5

        It'd be possible to do it, but probably a very poor decision.

        Why would it be a poor decision? By the time that someone earns above $30k - $40k per year, they have enough to cover their basic expenses like food, groceries, bills, rent…etc. So any amount above that can be spent on luxuries. What those luxuries are will depend on what their interests are. Some people like holidays, some people like cars, some people like big houses…etc.

        There's this very negative stereotype that cars are a "bad" interest. It's a "very poor decision" to spend $160k on a car, but somehow not a "very poor decision" to spend $20k on holidays every year for 8 years. Just seems like different interests to me.

      • AustriaBargain on 03/03/2019 - 21:13
        +1

        Nice electric cars would become cheap and ubiquitous before I even paid off the interest portion of this car loan. Or people will summon self driving Apple Cars from their iPhones for pennies per trip, meanwhile I'm still paying off this clunker.

    • scatman00 on 03/03/2019 - 11:01
      +37

      Make it your primary residence?

      • goingDHfast on 03/03/2019 - 11:28
        +4

        And also benefit from 0% CGT!!

        • trunks on 03/03/2019 - 15:14
          +2

          Not really 'also' a benefit as cars are already exempt from CGT 😋

          • NoApostrophePlurals on 03/03/2019 - 21:10

            @trunks: If you sell your car for above retail, you have to pay tax. Rare situation but people who buy Porsche GT2 RS recently and "made" 100k+ profit had to pay back luxury car tax

      • UFO on 03/03/2019 - 11:56

        I think most OzBargainers would have to to buy it :).

        But a bargain is a bargain, hence my plus vote.

    • bhunter101 on 03/03/2019 - 11:01
      +1

      Well they do have 4.79% rate loan but this would be just a few hundred dollars less than my home loan. This is crazy

      • bhunter101 on 03/03/2019 - 11:03
        +1

        I think that would be a good idea to make it a PPR. But I have a family me, wife and a child so probably not a great idea. But hey if someone could offer me a job which would get me into 6 figures that would be ideal. I’m actually not too far away from it being in IT industry.

    • Ragnarok1983 on 03/03/2019 - 11:04
      +4

      That's what the model 3 is for.

    • pennypincher98 on 03/03/2019 - 11:07
      +10

      If they work at Westpac it might be possible.
      They can get good rates ;)

    • JepunK on 03/03/2019 - 11:08
      +1

      get the batteries first and work your way up? lol

    • spaceflight on 03/03/2019 - 12:22

      Tesla will lease you one with less than 5% interest

    • [Deactivated] on 03/03/2019 - 19:29

      Rule of thumb is cost of car = 50% of your household income.

      This car is aimed at people with household income of $250-300k.

      • scatman00 on 03/03/2019 - 19:47
        +1

        Maybe we run in different circles, but most people I know it's less than 20%. Mine is about 3%, but hey I'm not in investment banking.

        • [Deactivated] on 03/03/2019 - 22:52

          The rule of thumb is for the purchase price of car.

          $50k car financed over 5 years is $12k/year, which is fine for a $100k/year family.

          • AncientWisdom on 05/03/2019 - 00:38

            @[Deactivated]: That's like a second rental, crazy. I'd much rather drive my wholly paid car, at a cost of 15% of my annual salary - and put the difference towards my mortgage.

    • nick90 on 03/03/2019 - 22:34

      Used one are going for around $70,000

  • theHMASfriendship on 03/03/2019 - 10:59
    +4

    Thanks OP, ongoing savings too, brown coal is cheaper than petrol

  • ruskiromka on 03/03/2019 - 11:00
    +3

    What's the battery life like?

  • FeZZa21 on 03/03/2019 - 11:00
    +4

    Better buying already depreciated 2nd hand

    • [Deactivated] on 03/03/2019 - 11:45

      When I looked they were 80% of new price for a three year old car. Ew.

  • TimApple on 03/03/2019 - 11:02
    +25

    If Tesla can make Model 3 under $50k… I’ll be rallying my apartment strata to install a charger. And if that happens, I’ll definitely get one and will never visit a gas station anymore.

    • Occas on 03/03/2019 - 11:08
      +1

      35k usd is currently just under 50k aud, but by the time you add 10% gst and ORC you’re basically needing the aud to get a fair chunk closer to parity before under 50k driveaway happens unfortunately.

      • Loki556 on 03/03/2019 - 11:10
        +4

        Kona EV

          • TimApple on 03/03/2019 - 11:29
            +10

            @[Deactivated]: Do they have Autopilot, Summon, Superchargers, frunk, app controls, dog mode, and sentry mode though?

            I feel like hardware wise, even though Tesla is behind, the software improvements that they make constantly is really amazing.

            • [Deactivated] on 03/03/2019 - 11:33
              +3

              @TimApple: Most people don't give a crap about most of those things. Aside from autopilot and superchargers (which you could argue Tesla barely has in Australia anyway), they are just gimmicks.

              There is a small market of tech heads who are interested in this stuff but the Venn diagram of those who are interested and those who can afford is far from a circle.

              The conservative buyer is already moving to Hyundai from Toyota. The average buyer is not going to buy from an unknown brand when there is a roughly equivalent model from a brand they know and trust.

              • TimApple on 03/03/2019 - 11:50
                +4

                @[Deactivated]: True, I don’t expect 90% of people to be tech heads to be into these kinds of stuff.

                Having said that, the constant software update means that in 2024 your Tesla might have completely new features whereas the Kona wouldn’t. And if autonomous driving is perfected, Tesla will be one of the top players. I think when you say “Kona is better than Model 3”, some people will appreciate these kinds of things more than the 90% of people.

                It’s like in the 2009 people who bought Nokia phones because “They’ve been making phones for decades” will miss out on things like WhatsApp or Instagram when they launched in 2011, whereas some people who got iPhones or Android can enjoy the new functionalities. Sure, the tech heads will be the people who bought Android and iPhones in 2009, but I think they end up with much better deal.

                • spaceflight on 03/03/2019 - 12:29
                  +3

                  @TimApple:

                  Having said that, the constant software update means that in 2024 your Tesla might have completely new features whereas the Kona wouldn’t.

                  Software features.
                  You won't get new hardware added so any new features will be limited by the current hardware

                  And if autonomous driving is perfected, Tesla will be one of the top players

                  They would be better is Tesla didn't refuse to install LIDAR instead of image based autonomous driving.

                  With LIDAR navigation there would be people still alive who gave died because of shortfalls with image navigation.

            • Speedz on 03/03/2019 - 11:56
              +1

              @TimApple: You forgot to add the very important fart mode!

            • reecho on 03/03/2019 - 12:05

              @TimApple: The Tesla might be better in every way but Hyundai has an EV at less than half the cost with the same range. The Tesla "experience" in my state is minimal and they have an allotment shed as a service centre.

              • TimApple on 03/03/2019 - 15:42

                @reecho: I agree. That's why I'm not buying a Model S. The Model 3 though… I think it's pretty good value for money.

            • spaceflight on 03/03/2019 - 12:24
              +1

              @TimApple:

              Do they have Autopilot, Summon, Superchargers, frunk, app controls, dog mode, and sentry mode though?

              They are all nice things but autopilot is the only one you would potentially use daily.

              Id be just as happy with speed limiting cruise control on my current car though

            • MountFranklin on 03/03/2019 - 20:41

              @TimApple: How do you Kona won't have software improvements?

          • reecho on 03/03/2019 - 11:35

            @[Deactivated]: Indeed. That's why I have ordered one…

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