Question: Should I Wait To Buy Model Y?

How long is the wait for Tesla Model Y?

Customers can choose between a longer mile range or a higher top speed on this SUV, but either way they are looking at a four to eight week delivery window after purchase.

Tesla’s final vehicle currently available to drive is also its newest – the Model Y..

How long do Teslas last?

CEO Elon Musk recently set some ambitious goals when it comes to the reliability of Tesla’s vehicles. Musk said that they built Model 3 to last as long as a commercial truck, a million miles, and the battery modules should last between 300,000 miles and 500,000 miles.

Can I buy a Tesla Model Y now?

You can get the new Model Y for under 50K With Tesla’s recent price drop, the crossover now starts at $49,990. This price drop follows the deductions Tesla made to the Model X, Model 3, and Model S vehicles in May. The Model Y price reduction comes as somewhat of a surprise though.

Can you negotiate Tesla price?

In fact, there’s no haggling over price at all. Tesla offers no discounts or negotiations. … However, there may be some “inventory” models with a few thousand miles on them (used as “loaners” at service centers and/or customer test drives) that offer a small decrease in price — check at your local Tesla store.

Why is Tesla insurance so high?

Teslas are particularly expensive to insure for collision damage due to their high repair and maintenance costs, which are greater than those for other luxury vehicles. This is due to several reasons, such as: The cars are repaired at a limited set of Tesla-approved body repair shops.

Are Tesla’s expensive to maintain?

Tesla Maintenance Plan Cost Your total 5-year cost would be $1,490. That makes Tesla maintenance costs pretty low, but there’s a chance real-life prices could be higher, too. Dividing that by five shows that people might spend about $298 per year on average to maintain their Teslas.

Is Tesla Model Y worth buying?

An EV similar in design to Tesla’s Model 3 sedan, the Model Y offers a brand new Tesla experience to anyone willing to try out the early versions. However, according to InsideEVs, the Model Y currently has so many flaws that buying it would ultimately be a waste of money.

Do Teslas keep their value?

The average for all cars over three years is 39 percent. Based on the above information, the Tesla Model 3 can retain its resale value over five times better than all other electric cars and about four times better than all cars in general.

Which Tesla Model 3 is the best value?

Three distinct Model 3 trims are offered, each with a different estimated driving range. The Standard Range Plus model is the most affordable, with a claimed range of 263 miles.

Is there a tax credit for electric cars in 2020?

For example, if you purchase an EV eligible for $7,500, but you owe only $4,000 in taxes, you will receive a $4,000 credit. … Additional tax credits are available through December 31, 2020 for the purchase of fuel cell electric vehicles (FCEVs), zero emission motorcycles (ZEMs) and EV charging equipment.

How much will a Tesla Model Y cost?

Now, the lowest-priced Model Y, the long-range all-wheel drive version, starts at $49,990, according to Tesla’s website. The standard-range version would have started at $39,000.

How much bigger is model y than model 3?

Externally, the Y is larger than the Model 3 in all three dimensions: 2.2 inche longer, 2.8 inches wider, and 7.2 inches taller, while it ascends to the crossover class via 1.1 inches more ground clearance (rising from 5.5 to 6.6 inches).

Does Tesla Model 3 qualify for federal tax credit?

Tesla’s Model 3 simplifies the EV All of this comes as Tesla soldiers into 2020 without any federal tax credits. After selling the qualifying number of EVs — 200,000 — the US government triggers a sunset period for the full $7,500 sum.

Is the model Y in showrooms?

The Tesla Model Y will be available for test drives at company showrooms soon. The vehicle now appears on Tesla’s test drive website, joining the Model 3, Model S, and Model X.

Should I buy Model 3 or Model Y?

Unless you hate a higher seating position or cannot have a taller vehicle or are on a tight budget, go with the Model Y. It offers almost everything the Model 3 can provide along with more usable space and utility.

Does Tesla Model Y qualify for federal tax credit?

Tesla Model Y Note: the $7,500 federal tax credit on EVs does not apply to Model Y because the company has sold more than 200,000 units, the program’s threshold.

Where will Tesla Model Y be built?

Tesla originally announced plans at the unveil to assemble the Model Y at Giga Nevada (in Sparks, Nevada), along with the battery and drivetrain for the vehicles, unlike the Model 3, where drivetrains and batteries are assembled at Giga Nevada, with final assembly completed at the Tesla Factory in Fremont, California.

Are Model Y being delivered?

Tesla announced at the Model Y unveiling that it planned to start shipping the electric SUV in “Fall 2020.” But thanks to a fairly successful 2019, the company announced in January that it was able to get the vehicle into production faster than anticipated.