How Does Tesla Order Works Once You Paid The $400 Deposit?

Aerith-Waifu on 28/07/2024 - 06:20
Last edited 28/07/2024 - 12:16 by 1 other user

My dad's MG4 has been rear ended by someone talking on his phone while driving, some damages to the rear of the car and now deemed unrepairable write off. The person who hit my dad's car is a 22 year old P plater with no insurance. Insurance company has deemed my dad not at fault and no excess was charged. With settlement payment coming anytime now.

Now my dad is considering buying a Tesla 3

So the question are, for those who did the order with Tesla, once you paid the $400 deposit:

1: Is the sale binding with no chance to back out if there are major delays or anything?

2: What if 1 week before delivery the price of Tesla drops say $2000 on their website, does that mean my dad's order will also be $2000 cheaper? If not, how does the price drop works if the car has not been delivered?

3: Finally, when does he makes full payment? Before the car been delivered or the payment are to be paid in stages like house building?

He is shaking but fine as its a low speed crash. Thank you for your input.

Automotive Car Electric Vehicle Tesla Inc

Comments

  • dct on 28/07/2024 - 06:55
    +3

    1: Is the sale binding with no chance to back out if there are major delays or anything?

    Generally forfeit deposit. But if you need an immediate MG4 replacement, choose an in-stock model.

    2: What if 1 week before delivery the price of Tesla drops say $2000 on their website, does that mean my dad's order will also be $2000 cheaper? If not, how does the price drop works if the car has not been delivered?

    So far they've been good about honouring price reductions, though once the final payment is made I'm not sure what happens.

    3: Finally, when does he makes full payment? Before the car been delivered or the payment are to be paid in stages like house building?

    No, payment is just before picking up (after you receive confirmation of the delivery date)

    • Aerith-Waifu on 28/07/2024 - 15:35

      Ok thanks for the information.

  • Fredfloresjr on 28/07/2024 - 07:04

    I just did mine early this week, they will ask you to install their APP straightaway and from there, you will just have to action the step-by-step process. And yes, you have to pay 'FULL' before they deliver your car, you will also need to provide insurance during the process.

    Anyway, HAPPY DAYS this Thursday, can't wait for my Model Y LR, and will use my tax return to unlock the performance boost. YOLO

    • Muzeeb on 28/07/2024 - 08:06
      +2

      you will also need to provide insurance during the process.

      How odd. Why would Tesla care about that? A finance company definitely would but not Tesla?

      • Fredfloresjr on 28/07/2024 - 13:02

        Yeah, part of the process. Actually, at least they are honest that they will get % if you chose their partner insurer.

      • dylanando on 28/07/2024 - 13:33
        +1

        I purchased one beginning of the year and was never asked about insurance, must be new process by tesla.

        • Fredfloresjr on 28/07/2024 - 15:42

          I think A took a screenshot on my work phone before, this is step before the final payment.

    • Aerith-Waifu on 28/07/2024 - 15:34

      Oh thats interesting to know. I might have to ask my dad to ask around from now

  • foxmulder on 28/07/2024 - 07:34
    -2

    I wonder what happen to the P platter? Insurance ask him to pay for the value of Tesla or they will absorb the cost? If the p platter pays, does he keep the damage Tesla?

    • brad1-8tsi on 28/07/2024 - 07:56
      +9

      I bet that p-platter is a real dish.

      The insurance company will pursue the P-Dish for the pay-out value of the MG.

      The value of the Tesla the OP's Dad is buying is immaterial to the insurance process.

    • JIMB0 on 28/07/2024 - 09:09
      +1

      They'll probably go easy on him as he seems like the sort of bright spark that would be paying child support to multiple women.

    • DashCam AKA Rolts on 28/07/2024 - 10:56

      Insurance ask him to pay for the value of Tesla or they will absorb the cost? If the p platter pays, does he keep the damage Tesla?

      Tell me you didn't read the post carefully without saying you didn't read the post carefully.
      Comprehension definitely in the Twilight Zone.

    • Aerith-Waifu on 28/07/2024 - 15:38

      No nothing to do with Tesla, they just agreed to pay out the insured value of MG4 and once the money is received my dad can buy whatever he wants. In this case its a Tesla Model 3

      I guess since the P plater has no insurance, the insurance company will chase after him? His car has some front damage also

  • unco on 28/07/2024 - 07:34
    +3

    1. You will lose the deposit.

    2. If you haven’t taken delivery yet, you will get the price updated to the lower figure. If you have already paid but not taken delivery then they will arrange a refund of the difference.

    If the price goes up, they have been good and you keep your original price you ordered at.

    1. They need full payment 2 business days prior. I made my payment but it didn’t clear until 1 day before my scheduled pickup (due to the maximum limit per day set by my bank) so Tesla called me and pushed back my pickup date by a day.

    Best tip I can give though is to do a test payment of $1 or something early on, check that it reflects on your remaining balance on your account, then when delivery is scheduled you can feel a bit better about sending the full payment to the same account.

    • Aerith-Waifu on 28/07/2024 - 15:35

      Thats a really good tip about the transfer thing. Thank you

    • Aerith-Waifu on 28/07/2024 - 15:42

      Also in regards to the price deductions, does that mean its automatically done? Or do you need to apply for the price reduction?

  • Wiadro on 28/07/2024 - 07:42

    Sounds like too much effort to buy a car

    • Murkymerv on 28/07/2024 - 08:04
      -1

      I couldn’t agree more

    • Ryk on 28/07/2024 - 08:52
      +4

      seems vastly superior and simpler than going to multiple dealers, over several hours and days, to "see what the finance manager has to say".

      • Brick Tamland on 28/07/2024 - 13:44

        Finance manager has no say in anything? or you talking about the wife/husband?

        • websterp on 28/07/2024 - 15:32

          LOL. Looks like you've never stepped into a dealership.

          • Brick Tamland on 28/07/2024 - 15:36

            @websterp: I bought a brand new subie about a year ago. Never met any finance manager.

      • zanzir on 28/07/2024 - 16:35

        LMAOO

  • timthetoolman on 28/07/2024 - 07:55
    +3

    Hang on, your dad had a car crash and didn't post on Ozbargain to see what to do next? Wild scenes

    • elgrande on 28/07/2024 - 09:54
      +2

      It's the p platers obligation to make the post as they were the ones without insurance.

      • timthetoolman on 28/07/2024 - 10:24
        +1

        I swear the other half are 'in a not at fault accident, both comprehensive, what should I do?'

        • Daabido on 28/07/2024 - 11:54
          +3

          "I rolled gently into an MG4 while checking my crypto, which I bought with the savings from not needing comprehensive insurance, because my rego already comes with third party insurance. I was feeling pretty smug hiding my two pineapples from my three baby mommas. Always whinging to tap my golden arse.

          Anyways, I was expecting the bumper to bounce back, but it Pintoed itself into oblivion, crumpling like apple cores and old Chinese newspapers. Hey Deng Xiao Ping died.

          Now they say I owe this guy called Biff all this money, they're not going to give me the wreck, they're not going to give me the unexpired rego or even what's left in the fuel tank. Biff said that if I don't pay up, they're going to use my golden arse for another purpose. Is it too late to buy insurance?"

          • Brick Tamland on 28/07/2024 - 13:46

            @Daabido: Beautiful. The I drive an EV and I am superior to other lifeforms Ozbargain ode.

        • rumblytangara on 28/07/2024 - 14:56
          +1

          I swear the other half are 'in a not at fault accident, both comprehensive, what should I do?'

          Except for the the one genius in the other thread who will repeatedly insist that that comprehensive insurance doesn't cover OP's dad because the P-plater wasn't driving the MG4 at the time of the accident.

    • Aerith-Waifu on 28/07/2024 - 15:36

      Well he is fully insured and not his fault. He even has footage of the guy using his phone on his rear cam, whats to post as insurance already said he is not at fault been rear ended

  • Muzeeb on 28/07/2024 - 08:49
    +2

    What did your dad do in this situation?

    Were the Star Wars stickers a potential distraction to the at fault driver?

    • pegaxs on 28/07/2024 - 10:22
      +3

      I think the first comment there was "prophetic", to say the least…

      • Muzeeb on 28/07/2024 - 10:34
        +1

        Lol. That is gold.

    • DashCam AKA Rolts on 28/07/2024 - 11:04
      +3

      Are the Star Wars stickers salvageable to put on the Tesla, or does the insurance company keep them?

      • Baysew on 28/07/2024 - 12:19
        +1

        They will return them on a platter.

    • Aerith-Waifu on 28/07/2024 - 15:39

      No he didnt end up doing the star wars thing at all due to the fact costs is over the roof. Would been cool if he did it though.

  • dogboy on 28/07/2024 - 09:27
    -1

    Are people seriously still buying Teslas?

    • Nillionaire on 28/07/2024 - 09:56
      +3

      Yes? It's still the cheapest non-Chinese owned EV. No one else is even trying to compete so why would I consider anything else? Mercedes, BMW, Audi are pricing theirs way higher. Toyota made their bed betting on hydrogen over EV.

      • Daabido on 28/07/2024 - 11:56

        I think Toyota made their bed selling millions of hybrids at a profit, laughing all the way to their bed stuffed with yen. Yes, they dabbled with hydrogen, but it is just a fling.

    • changyang1230 on 28/07/2024 - 10:38
      +1

      Yes despite concerted efforts.

      I have both a Tesla and Kia, and as much as I dislike Musk as a person, I have to say that Tesla still has the edge for the polish of their features, overall driving experience, slickness of autopilot and charging experience etc.

      People like to conflate their hate for the boss and the brand itself, but Tesla in itself makes good cars.

  • Brick Tamland on 28/07/2024 - 09:48
    +1

    You can be bothered with that malarky.

    Lots of commenters saying to pay before you pick up the car. My advice is do not do that. Don't settle the car until you see it and are happy with the condition of it.

    Tesla are famous for being in unacceptable condition on pick up that there even is a tick off template available to help on pick up
    https://www.etsy.com/listing/1333863726/tesla-model-3-delive…

    • pegaxs on 28/07/2024 - 10:15
      +1

      lol @ paying for a "Tesla pre-delivery checklist". This is peak Tesla ownership.

    • Aerith-Waifu on 28/07/2024 - 15:39

      So Tesla allow you to view the car first, then pay up?

  • pegaxs on 28/07/2024 - 10:14

    The guy who rear ended your dad was talking on your dad's phone??

    1: Read the T&C's? It will be in there somewhere.
    2: At worst, you cancel the order, lose the $400 deposit and reorder at the new reduced price, still getting $1600 off.
    3: Before the car is handed over usually.

    • MITM on 28/07/2024 - 12:31

      No, talking TO his dad, saying he was coming up behind him.

  • altomic on 28/07/2024 - 10:46
    +1

    How did someone talk on your dads phone AND rear end his car?

    • AdosHouse on 28/07/2024 - 11:00
      +1

      Stole his phone, rammed him after doing so to assert dominance.

  • MITM on 28/07/2024 - 11:28
    -1

    You will get your deposit back, but you'll have to pay a cancellation fee equal to the cost of the car.

  • Mikefr on 28/07/2024 - 12:17

    Supply shouldn’t be an issue, as they’ve been in storage yards off the ships and sitting unsold. Battery degradation from the extended sitting may or may not be an issue.

    • Aerith-Waifu on 28/07/2024 - 15:40

      Current pricing is $61500 for a Hardware 4 in white. And no supply issue indeed.

  • MITM on 28/07/2024 - 12:35

    1: Is the sale binding with no chance to back out if there are major delays or anything?

    If your dad does back out, please check the rear vision mirror before doing so and avoid rush hour to avoid major delays.

  • FlyingMiffy on 28/07/2024 - 19:59

    If you are worried about Tesla adjusting price - dont get one for the next two or so quarters. Based on the results from this month, they will drop prices more. They've already taken about a 15% drop in margins per vehicle and will probably go further to meet sales expectations. The 85% increase in their share price since the start of this year had nothing to do with unit sales but because of it, they are likely to have made enough to be able to fund a sales campaign to meet targets before the calendar year ends.

  • Daddy Chill on 28/07/2024 - 20:02

    Pee Platter should come here and pos his predicament

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