I am palning to buy a Tesla model Y. My budget is 52k. Second hand 2022-23 model selling around 48-55k. But Tesla has dropped the price to $61700 this includes $400 referral. Would like to know some openings please.
Tesla Model Y 2025 Price Dropped Good Deal or Not?
Anjboy on 23/02/2025 - 16:34
Last edited 24/02/2025 - 18:47 by 1 other user
Last edited 24/02/2025 - 18:47 by 1 other user
Comments
Already seeing posters like "Goes from 0 to 1939 in 3 seconds (Musk doing Nazi salute) Tesla. The Swasticar."
https://bsky.app/profile/kevinmkruse.bsky.social/post/3liwht…
I agree its insane. But alas people are inherently nuts and when they are emotionally charged all sense and rationale goes out the window and they do stupid unfounded things. eg Damaging an individuals private property who has no connection to the muppet they are making a stance about - if they want to make a stand go and damage something of Musks or Trumps. Both these guys do stuff for the response/reaction; they are political showboats - they will be loving all this attention and reaction they are getting.
Its much like people hating on all EV's for nothing more than just because they are an EV…or people hating the motor car back when horse and carts were the mode of transport most had.
Damaging an individuals private property who has no connection to the muppet they are making a stance about - if they want to make a stand go and damage something of Musks or Trumps.
Like, I understand the point you're trying to make and don't inherently disagree, but damaging Tesla's is damaging something of Musks - it encourages people not to buy them which impacts the business, and Musk's money, while also sending a message to other Tesla management that Musk is no longer a benefit and is directly harming the company.
I don't agree with damaging people's cars, but it absolutely has a connection to him. And if "voting with your wallet" is true and buying things specifically associated with people or movements is a show of support, then buying a Tesla in the current climate is also supporting the Nazi, Elon Musk.
@chunder: Nah sorry while I appreciate your perspective, I still don't agree nor could I even go someway to justifying the actions. At the point a car has been transferred from Tesla ownership to private, the only thing that people are hurting are those individuals who may not have even purchased the car new or transferred any money directly to Tesla etc. Sure there is likely to be some people put off from purchasing a new car direct from Tesla (which would impact Teslas income at some level - but to get the ground swell of support to actually effect any positive change in the direction of the initial motivation (ie take down/stop Musk) is deluded.
Whats next, burning down peoples houses who have Powerwalls, blowing up peoples boats/RV's/etc that have Starlink, storm the universities that paid SpaceX to put research projects into space?
I agree with the motivation, however the target is wrong.
@AleBeerenhoff: I think your point of view is rational if the car was already purchased or was purchased used.
I completely understand, but don’t agree with, how people would make the nazi supporter connection from a new Tesla purchase today. I think starlink is different because there aren’t alternatives and it’s relatively cheap, whereas, a Tesla car bought new has a lot of vanity, wanted or not, particularly because it’s viewed as a luxury, not a necessity
It’s in the same category, I guess for a lot of people, as a LV bag with a swastika on it.
But that said I’d buy one used without any question if it made sense once my hybrid kicks it
@chunder: The value of all the shares in Tesla is currently around 950B USD. That’s not normal for a car company, especially one that only produces 1% of all new vehicles. The vast majority of this perceived value is not tied to how many cars they sell, rather it is tied to expectations on the Next futuristic products the company is capable of producing in the near future. Autonomous taxis and robots being the main two products. Shareholders only believe they will produce these products soon because of who the leader is, so Tesla selling less cars will not really hurt Musk, whose money comes from the perceived value of the shares, and he will continue to be the leader there.
This makes the people who vandalise another person’s car still indefensible, just like they always were.
The vast majority of this perceived value is not tied to how many cars they sell, rather it is tied to expectations on the Next futuristic products the company is capable of producing in the near future.
lol tesla's value predominantly came from being a meme stock years ago. The valuation of Tesla is nothing to do with expectations. It was literally propped up by r/wallstreetsbets meming over it and Elon, along with Elon memeing and his popularity over those years. Since then, it's just retained that value, in a somewhat similar way to how GameStop diehards just refused to accept it was over and propped up the share price.
Autonomous taxis and robots being the main two products.
Absolutely no one in the industry is expecting Tesla to do this. Every single time they've demoed such "tech" it's been behind competitors. They led in autonomous driving decades ago, and have failed to make much progress since that puts them anywhere above competitors. Again, their value is definitely not in any expectation to do with this.
Tesla selling less cars will not really hurt Musk, whose money comes from the perceived value of the shares, and he will continue to be the leader there.
Musk has so much money car sales don't really matter to him, but it absolutely matters to Tesla. And Musk profits from Tesla mostly via shares. Either Tesla sales drop, causing the share price to drop, or force Tesla to separate and distance from Musk. In either scenario, Musk's Tesla profits decline. But still, he has so much money the dollar value doesn't matter, it's the status, control, reputation that matters more. And any reduction in income works towards picking away at it.
And no, I'm not justifying nor condoning vandalizing vehicles, my only point is that actually yes, that does impact Musk at the end of the day.
The valuation of Tesla is nothing to do with expectations.
Please re-absorb what you said in this quote. You're missing that all valuations are to do with expectations, even meme stocks.
If you are so sure that you're right, feel free to short the stock. It isn't hard to do, and if you're right, you will become rich.
Every single time they've demoed such "tech" it's been behind competitors.
Ask Google or an AI which companies have 'autonomous driving' or 'semi-autonomous driving' rolled out in multiple countries. You will get a sense that certain competitors are building the tech in a way that means they will have a slow rollout, whereas one company is doing it in a way that already has a fast rollout and only gets better with more driven KMs.
Musk has so much money car sales don't really matter to him, but it absolutely matters to Tesla. And Musk profits from Tesla mostly via shares. Either Tesla sales drop, causing the share price to drop, or force Tesla to separate and distance from Musk. In either scenario, Musk's Tesla profits decline
Look up the valuation of Toyota, the next most valuable car company. Around 240B USD. That's a quarter of Tesla's value, despite Toyota producing more cars. Again, the vast majority of the market cap isn't to do with how many cars Tesla sells.
The value that the CEO brings to the stock price is far more than the amount that can be impacted by recent car sales falling. That's also when Tesla performs its best, when its back is against the wall, and they feel under pressure. Look to 2008 and 2018 for evidence of this.
You can pretend it is like GameStop all you want, but frankly, Tesla is too big for the meme stockers to have the same influence. GME is valued at 11B, whereas Tesla is valued at 950B. That's a huge difference.
Cheapies might not be the place to discuss this but buying a Tesla new now is asking for a lot of social trouble.
Used or pre existing car, eh whatever, but id steer clear of new.
idk what else to put it, people might just think you're a bit of a dick given how well intertwined musk is with tesla
No one is suggesting it. It's a fact. Tesla's are being vandalised because of Musk and that's a very real risk people need to consider when buying a Tesla in 2025, especially a new one.
citation needed
And for 52k there's probably better electric car options out there.
The vast majority of people who wanted an electric car bought one when they were subsidised. Now there's a lull in demand, and over the next few years cheap Chinese cars will begin to carve out a big chunk of the market - it's already affecting SE Asian and European markets and driving prices down across the board.
Buy an electric vehicle from a local known brand. Hyundai look ok but Tesla just don't have any good looks. If you're heart is set on one, hopefully not, then a new version and a new vehicle has to be better than second hand. I follow an American lawyer on Tiktok and he states he will never let a friend or family member buy a tesla with the amount of legal claims going on. In the motor vehicle industry, Tesla is still a new vehicle maker. Go for a well known brand with longevity.
Hyundai seems to be moving away from EVs in favor of hybrids (most of their ionic models disappeared from their website)
So are lot of other legacy manufacturers who are heavily discounting (and possibly discontinuing) their EV linesI'd be a bit concerned with no going parts availability and support (not that Tesla cars are easy to find parts for)
Should note that is Hyundai NZ, who is offer less EV, not Hyundai globally.
hyundai is probably going to announce new models soon.
imo their evs are better than most others.
I totally agree with your comments. I feel people are fixated on getting a Tesla to keep up with the everyone else. My friends are buying Hybrid. I still have a gas guzzling vehicle which I will be keeping.
I got a 2022 Model 3 brand new in November 2022. Nothing has gone wrong since day one. I did get the front bonnet replaced as the first one was warped coming off the ship but that was handled without difficulty. I recently test drove a BYD Shark 6 as I like the practicality it offers but in terms of quality, especially the technology and UI side of things, Tesla runs rings around the competition. That said though the Shark 6 is a steal for the price.
You'll find a lot of naysayers re Tesla because of Musk and I don't like or agree with him either but their vehicles are very good. The loudest voices are often the ones with no experience.
We got a Y a couple of years back and while we have no pleasure in seeing the muppet at the top of the food chain (ie Musk) the cars are very good.
The price you pay and the features you get are not matched by any of the other manufacturers out there - at least they were not when we were looking. When we had to replace our old petrol car, we looked at all the manufacturers available at the time and as much as it grated against my wifes distaste for Musk, we couldn't rationally make a decision in any direction other than the Y.
Sure it has depreciated significantly (ugh - thats what happens with cars, more so when they are new, more so even when there are pricing wars), but we just get in and use it and enjoy every moment of it.
If I could justify replacing my 20yr old gas guzzler, I wouldn't think twice about buying another EV….and chances are, unless there was a very compelling reason, I would look to fill its spot with another Tesla (a second hand one for sure given the price).At ~62k I would be getting a Mach E GT ex demo, instead of a base model Y.
I don't buy into the anti Tesla stuff based on Musk. He is just one person at a company with thousands of employees.
But there are some sweet deals on lightly used / ex demo / overstocked new EV's atm.
Enyaq ex demo $60k
EV6 Air LR used $46k
Ioniq 5 LR $47k
Yeah totally - the Mach E GT is a really good option at that price point - and generally speaking if anyone is looking to spend that sort of money 40-60k there are some solid options available.
I fear the comment re Musk doesn't align with the political motivations of this thread hence it being downvoted, yet the other things you talk about are totally on point
Like everyone else has said, the time to get a Tesla was in the early days when you got massive brand equity and so many people wanted one. Now they have some of the worst brand equity in the world. Some people will legit be dicks to you for having one, regardless of whether that's fair or not.
$ for $ you can get at least as good EV from someone else.
Depends what circles people move in. I find most people in day to day life don’t care if somebody else has a Tesla, especially here in New Zealand.
Oh absolutely, but even 5% of people caring is way more than any other brand. And those people might legit key your car. Not worth dealing with. It's not like Tesla has a better product/price so why bother.
Because you don't give in to the threat of violence by the mentally ill.
The people here saying it will get vandalised are too biased to listen to. Their advice is more political than practical.
Everybody knows Teslas have cameras, and we’re in New Zealand. I’m sure it has happened before but pretty much every time it does the footage finds its way online. It’s a risk but it is a tiny tiny risk. Most of the small amount of times it did happen was when idiots were against all EVs, those idiots don’t know what to think now.
The people who say they care so much about what’s happening in the US they would consider vandalising Teslas in NZ themselves, aren’t being completely honest with themselves. The people who care so much about what is happening tend not to be people who would vandalise another individual’s private property. They wouldn’t actually do it. They just want people to think they would, to affect the company’s sales.
Just buy it.
The risk of vandalism owning a Tesla right now is relatively low.
The stigma of owning a Tesla right now however is another story…
Not really. I think you're forgetting that most voters aren't disagreeing with the policies. And then there are the non-voters, who mostly don't care at all.
What do 'voters' have to do with it? What policies are you talking about?
I think you're over complicating a very simple situation.
@Makmak: People who say there is a 'stigma' in owning a Tesla are disagreed with on that point by most people
I’m sure it has happened before but pretty much every time it does the footage finds its way online. It’s a risk but it is a tiny tiny risk.
That's a toupee fallacy. You're assuming in most cases the videos are online, but acting like the ones you don't see don't exist.
If you're paying 50,000+ for a car, it's a very valid concern to have right now now matter how small the chance of it happening is - it's still higher than for every other car.
In New Zealand especially, the risk is super super tiny, such that it can be considered negligible.
Here's an article talking about the instances, which starts with a European example that was shared widely that turns out to be from years ago:
https://www.euronews.com/my-europe/2025/02/14/are-tesla-owne…
If that's the best example they could find from Europe, then I think, especially in New Zealand, owners will be fine.
It's just fear-mongering from people who hate Musk, but would never actually vandalise another person's property themselves.
This is Cheapies NZ, we are supposed to be giving real practical advice, not incorrect advice based on our politics.
If that's the best example they could find from Europe, then I think, especially in New Zealand, owners will be fine.
Again, a toupee fallacy. You're using evidence of what you can notice, as evidence of what exists.
You're also trying to predict the future of what is a growing trend (and your own article even confirms multiple instances of Tesla property being vandalized), along with a different climate of car popularity (Tesla's are more abundant in the US therefore, there will be more problems there, and as such, visibility of those issues, than other places) - Let's also raise the point that Tesla works hard to keep negative perception of themselves to a minimum, and that will absolutely include vandalism due to their CEO being a fascist and nazi.
https://www.instagram.com/radicalgraffiti/p/DFQ9RuATarJ/ We absolutely have people willing to vandalize Tesla property, and just property in general for much less than Musk's views - cars and homes are broken into all the time. You're gambling on the fact that this trend won't continue.Again, it is a risk that needs to be taken into account over the coming year, maybe longer. That risk has nothing to do with personal politics - but that said, if you're buying a tesla in 2025 after everything musk has done, yeah you're a pos, and we can give whatever advice we want here, political or not, this is the general forum section, intended for discussions.
if you're buying a tesla in 2025 after everything musk has done, yeah you're a pos
Finally, the feelings behind your thoughts, and strong evidence of your bias in this discussion. So this is what you think of OP. I'm sorry, but you can't see beyond your own bias here. Take a second and just recognise how much you want it to be true that people will vandalise random Teslas, or maybe just that car buyers will believe there is a real risk, won't buy the car, and either way it will hurt Musk. Then consider Wishful Thinking, and try to see how much it applies to you in this case.
and your own article even confirms multiple instances of Tesla property being vandalized
A few cases in America - the place where the actual policy impacts of the Trump government are most felt, during the start of the new policies, before people get used to them. If you want to see how normal government cost-cutting is usually perceived to be, check out what Bill Clinton and Al Gore did: https://en.wikipedia.org/wiki/National_Partnership_for_Reinv…
https://www.instagram.com/radicalgraffiti/p/DFQ9RuATarJ/ We absolutely have people willing to vandalize Tesla property, and just property in general for much less than Musk's views - cars and homes are broken into all the time. You're gambling on the fact that this trend won't continue.
Tesla dealership property is different. Obviously, right? Think of the people who hate Musk and what they hate him for. Do they seem stupid to you? Stupid enough to equate a random individual's property with corporate property? Or do they seem like everyday criminals who break into homes and cars all the time? Come on. Musk haters hate Musk because they believe his policies and actions lack compassion, do you really think they will start attacking random cars (in New Zealand, no less) that could be owned by anybody? Goodbye to their internal 'compassion' justification, if they did that.
@curiousb: lol what do you mean "finally". I called him a nazi further up the thread too, thinking Musk is a pos and the people who would wilfully invest money in the business of someone who has known and proven ties to neo-nazis isn't unpopular.
Believe it or not, people can also separate their political opinions from financial decisions and risks such as buying cars more likely to be vandalised, the fact they happen to align doesn't mean they're not mutually exclusive. But sure, you can argue in bad faith and paint people who hold both opinions has having one that props up the other, but in that case: your bias is because you're a Nazi sympather, and supporter of the extremist right and their idols like Musk.Take a second and just recognise how much you want it to be true that people will vandalise random Teslas
Child, people are vandalising Teslas and Tesla property. Take a second and recognise that we are not so disconnected from the world wide stage and vandalisim has happened here. The fact you think there's just some imaginary line that no one is going to cross (or has) is very naive.
do you really think they will start attacking random cars (in New Zealand, no less) that could be owned by anybody? Goodbye to their internal 'compassion' justification, if they did that.
lol ah yes, that imaginary line again that decides what moral compass everyone holds and that people won't justify bad decisions to fit their own agenda. The world is black and white to you isn't it?
I literally don't care what you do or what someone does. I'm not telling you to not buy a Tesla, even though I think you'd be a morally poor person for doing so after everything we know about Musk. But I am agreeing with others in the idea that yes, there is a growing trend in the world of vandalizing Tesla's due to their association, and that is a valid risk to consider when buying a car for the future. You're not a fortune teller bud.
your bias is because you're a Nazi sympather, and supporter of the extremist right and their idols like Musk.
😂
Good luck out there bud.
These people are mentally ill and are trying to normalize vandalism of private property for political purposes. They are trying to scare normal people out of purchasing products they like with the threat of violence and pretend like you're the problem!
It was only a matter of time, time to support companies that line with our values.
https://www.lemonde.fr/en/international/article/2025/03/03/c…
Wont insurances be higher , especially these days?
lol insurances are always higher - so yeah I am sure this will be another risk that insurance companies will perceive as a reason to hike prices even more.
Id wait prices are going to drop even further when people start vandalising and boycotting him.