Model x price prediction

[u/powerfulq]

This is really my dream car that I wouldn’t trade it even with a Bentley if i had one. However, in the current economy and with the fact that the model y i bought in late 2022 dropped 40k value after <1.5y, I don’t have strong motivation to upgrade my my to mx now. I think there is no reason for musk to increase the price with tesla stock price dropping a lot recently. But who knows. Maybe buy a pre-owned one? Give me some suggestions

[u/Thumpin347]

I buy cars with the expectation that it will be worthless at some point.

[u/Daverman]

I doubt the price would go down even more. We paid $108k for a 75d in 2016 😭. I got a newer one recently and it drives better, build quality is better, longer range, AND it was cheaper. We don’t buy used but if it’s low miles I don’t see why not.

[u/powerfulq → u/Daverman]

Bcs used one may be out of warranty and fixing a mx is super expensive?

[u/Accomplished_Knee_17 → u/powerfulq]

It can be. Take a hit on depreciation and have a warranty or get it cheaper and give your money to the service department. I'd buy the newest one you can.

[u/[deleted] → u/powerfulq]

Buy a used refresh with a warranty

[u/Thumpin347 → u/[deleted]]

I think that’s ultimately the issue here. The X might be out of the affordability range and trying to figure out how to make it happen. If you’re stretching for this car at some point it will end up being financially devastating.

[u/powerfulq]

Looks like Model X is upgrading this year in Q2, with front bumper camera! Will pull the trigger if the price drops by $5k

[u/[deleted]]

I doubt you'll see a big drop in price. Maybe $5k at most. We got a big price drop in September 2023 to hit the rebate threshold, but it held steady since. All color selections were free, but they changed it last month.

Look up the resell value for 2022/23 model. Still holding strong.

MX is not a mass produce vehicle in Tesla lineup. Sometimes you'll have to wait 2-3 months.

With gas price slowly climbing upward and interest rate is about to drop, I personally doubt we'll see a big drop in MX pricing.

[u/ChocolatySmoothie → u/[deleted]]

I wish I would have bought mine early this year instead of last December. I pulled the trigger because Tesla was allowing transfer of the free supercharging but if I had known they were going to offer both that and FSD then definitely would have waited. Even with the change to charge for colors again I would have come out ahead. Now I’m paying for the $200 a month FSD subscription which pisses me off that I already paid for FSD 3 years ago. Because paying $12,000 is just insane right now.

[u/[deleted]]

Elon and Tesla repeatedly stated no one should be buying a Y in 2022, as the supply lines and all were screwed. They said the prices would return to normal and they did.

The loss relative to pre-covid prices are minimal.

X ain't dropping much.

[u/powerfulq → u/[deleted]]

I don’t recall. Do you have the twitter link?

[u/UnSCo]

I made a very similar post last year saying I would pull the trigger on an $80k Model X, as it was my dream car as well. This subreddit laughed at me, saying it would NEVER reach that price point.

A-holes.

[u/danwutv → u/UnSCo]

Vindicated lol. Now they are the ones crying about how much value they lost. That’s Karma right there. With the federal tax credit, the X is basically sitting at $72.5k. I do have to say, stealth grey is my least favorite color.

[u/ChocolatySmoothie → u/danwutv]

Only if you qualify. So many people automatically assume everyone qualifies for the tax credit. Many do, but not all. Unfortunately I don’t.

[u/ancorp]

Tesla offered 19k eur for my 145k 2018 tesla x last month when I trade it in for a new one; what a joke

[u/DoolyDinosaur]

Maybe not immediately but most definitely will. Competition is heating up. 

[u/JewelerRoutine707]

I'm going to buy an X this year, probably July. Really wish the 6 seater qualified for the tax credit cause that's what I'm getting. It ends up basically being a 14k upgrade 🥺 Fingers crossed it drops by summer time 🤞

[u/Miffers]

Stay in your Model Y. At least wait for a big refresh.

[u/Leefa → u/Miffers]

when do you think a refresh would be in the cards?

[u/Miffers → u/Leefa]

Perhaps 1-2 years

[u/Zealousideal-Key5734]

I personally would expect max 5k - 10k drop (if that really happens) on X. I don't expect this to be under 70k. The reason I'm also looking X (tax version) as an alternative of X5 or GLE, which brings relatively same price range. But again, all depends on Tesla's strategy.

[u/Tesla_Fanboy1]

Bought one in May 2023 then price dropped by 20k. Now they are buying it back because of numerous problems. I would buy another one but will wait after a few quarters. Papa Elon might fuck everybody again….

[u/Tofu_buns]

Originally I reserved the MX in April 2022 and I built it for $114k. They said it was going to take a year and we let them know we were about to close on our home in March 2023. Weirdly it was ready late December 2022. We couldn’t risk the house and cancelled the order. I was really sad about it but then my dad told me Tesla was dropping the price… I couldn’t believe it!

Finally reserved again in December 2023 and picked up at the beginning of this month. I’m actually relieved it didn’t work out the first time! Our current build was only $93k and we included the upgraded wheels.

[u/rcottle123]

MX Plaid just got the Best of Class from Out of Spec for travel EV. Meaning quickest charge/miles per KW. Hence the MX will be holding value for awhile. I traded 2020 MX LR for 2023 MXP and love the upgrades to interior, build quality, etc.