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

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.

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Comments

      • Just get a 3 cheaper and effectively the same.

        Theyre around $30k secondhand now.

      • Surely any Murdoch news article will have a link. /s

  • If he wants a Tesla, is there no way for him to get it on a novated lease? There’s serious tax benefits RN.

    • No he is already retired

  • I'm more curious about how a rear ender accident can write off a $40k car. I've had a $30k car rear ended with damage to the front as well and it was repaired.

    Maybe the battery was deemed to have been compromised and that wrote off the whole car? In that case I hope ICE insurance isn't affected by the much higher replacement costs of EVs.

    • Essentially you get a new car if you had an accident within the first 3 years

      • That is extremely generous insurance. Even if the car was rear ended and maybe $5k of damage was done? Which insurance company?

    • I've got a work EV, ioniq electric and around $50k+ price, and was rearended. $16k repair - other car was going probably 50kmh and I was stationary.

      There might have been some bad structural damage and getting cheap parts might have been tough.

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