[Ev1st]

After the Tesla prices decreases is there anything VW do now. Reduce price by say $5k?
I feel like VW should stay put for couple of months. Let the market play itself.. Offer deals on 22 models and then decide.. Don’t get sucked into Tesla drama…

 

[SunWizard]

VW yesterday reduced the prices by $7500 on leases on 21 thru 23s. And they raised the residual values which lowers payments. They may need to do more to move 22s but wait and see.

 

[Spin]

I equate the Tesla price cuts to the fact that VW dealers are no longer able to charge exorbitant markups on ID.4s. Tesla was raising prices as other EV dealers were charging these markups because the price of gas was shooting up and there was a shortage of EVs on the market. Now that fuel prices have subsided, and EVs have become more available, the price of them has come down. The market is reacting to simple supply and demand.

 

[ScottSanders]

Maybe VW should focus on delivering cars to the reservation holders. Maybe extra focus on those who have had a reservation for over a year.

 

[Atlant]

Maybe VW should focus on delivering cars to the reservation holders. Maybe extra focus on those who have had a reservation for over a year.

Fixing the tens of thousands of EVs they've already sold might be a good idea too.

 

[Trese]

Maybe VW should focus on delivering cars to the reservation holders. Maybe extra focus on those who have had a reservation for over a year.

indeed!

 

[bish79]

Fixing the tens of thousands of EVs they've already sold might be a good idea too.

No more neglect of customers... Who would have thought that was a good business strategy?

But also, somehow put pressure on the charge point operators. As the cat gets more out of the bag that the CCS network is less than ideal vs the supercharger network, it will become harder and harder to sell any non-Tesla EVs. Fix that and the cars (with 3.1) are quite good.

 

[Nai3t]

Competition in the market is as old as Overland vs. the Model T. VW will do what they always do: sell cars. They don't have $5k profit in the ID.4 to reduce the price (Tesla does did.) They can hopefully get their production and software woes sorted, and chalk up some wins with their complaining owners and the unimpressed press. But the fact is, despite everything going on with car prices and economic uncertainty, EVs are hot and healthy demand exists.

 

[Fahrer]

VW does not need to anything at this time. Demand continues to exceed supply which is the opposite of what Tesla is going though at the moment. I have seen a local VW dealer ad for a 2022 ID.4 with a $1K discount but until inventories start rising significantly I dot see any price reductions for 2023 models.

 

[Froggy]

VW can get their act together on updating the software for all of their initial beta testers.

 

[ThisSucker'sElectrical]

Demand continues to exceed supply which is the opposite of what Tesla is going though at the moment.

A long range Model Y at the same price as a AWD Pro S instantly affects demand for the ID4. The question is whether there is currently enough surplus demand to still exceed supply after those who had previously ruled out the Y based on price jump ship and go for it instead. In some parts of the country, like here in Oregon, there are still state incentives in play too (qualifying base model MSRP needs to be under $50k). The market will be very interesting to watch in the coming weeks and months.

 

[VW TECHNICIAN]

There will be great news after March and especially Q4 of this year, depending who is patient tl wait for this type of vehicles market adjustment. Tesla have designed Tesla Y and Tesla 3 from beginning with much lower MSRP than what non existing competition and demand was back then. Tesla has way more room for adjustment and they need volume to keep huge factories running efficiently.... small batch of vehicles a week are not keeping this huge factories efficient.

 

[Dougie01]

I think the week-to-week pricing fluctuations are irritating but not important in the long run. What VW can do now is get going on a few basic problems that are evident to everybody:

• Dealerships still trying to screw customers at time of purchase. Just stop it.
• Dealerships still with service departments that make too many basic mistakes. Already have lost the standard ICE service revenue, but with EV customers afraid to bring in their cars because they don't want them to get messed up by amateur mechanics, the business model is broken.
• Online delivery portal that is obviously not connected to the corporate logistics database. Why?
• Incredibly frustrating non-rollout of updates for early customers. Why?
• Slightly less frustrating non-rollout of updates for later customers still experiencing bugs. Why?

I get it that VoA is a big company with a lot of problems beyond their EV business, but they need a guy like Musk or John Legere (T-Mobile) or Jack Welch (GE) who is not afraid to confront the problems in their corporate cultures. Way way way too much coasting on the part of VoA right now.

 

[bish79]

There will be great news after March and especially Q4 of this year, depending who is patient tl wait for this type of vehicles market adjustment. Tesla have designed Tesla Y and Tesla 3 from beginning with much lower MSRP than what non existing competition and demand was back then. Tesla has way more room for adjustment and they need volume to keep huge factories running efficiently.... small batch of vehicles a week are not keeping this huge factories efficient.

I remember when Sandy Munro dissected the Model Y early on in 2020 he made it very clear that the Model Y was much cheaper to produce than the Model 3 he took apart. It was then that I decided not to buy a Model Y until the prices reflected that to some extent. It was very tempting with the SR Model Y that existed for a few minutes at $40k. Probably should have jumped on that but didn't, oh well. I don't recall the exact number but the LR AWD Model Y got down to $48k or $49k before the market went nuts. So yeah, they're still making money at the current prices.

 

[Dougie01]

So yeah, they're still making money at the current prices.

Plus Tesla is still operating in Silicon Valley startup imaginary money land, so losing money per car for a couple of quarters is not going to kill them any deader than they have already been in the past.

 

[ThisSucker'sElectrical]

Today's little anecdote: I've been looking around for a car that matches my order, and called a nearby dealer last week who said their pricing was at $5K over MSRP. They called today having just had a match come through which unfortunately sold by the time I got back to them, but they did say they are now at MSRP on cancellations.

 

[Spin]

Today's little anecdote: I've been looking around for a car that matches my order, and called a nearby dealer last week who said their pricing was at $5K over MSRP. They called today having just had a match come through which unfortunately sold by the time I got back to them, but they did say they are now at MSRP on cancellations.

Wait until next week. They will probably be under MSRP.

 

[ThisSucker'sElectrical]

Maybe extra focus on those who have had a reservation for over a year.

At this point, the CEO of VW of America should hand deliver a car to @Ahab's house.

 

[Ev1st]

Also if you are interested in Y do you want to buy it now. What if there isn’t much demand and they slash the prices again in 2-3 months ?
Compared to 1 year ago I see lot of Tesla’s in my area. Feel like it’s not novelty anymore and people will look for new toy. I mean model 3 and Y looks similar..

was just checking Nissan and now they have build tool for Ariya. Will be interesting to see how this model goes..

 

[tacomambo]

Today's little anecdote: I've been looking around for a car that matches my order, and called a nearby dealer last week who said their pricing was at $5K over MSRP. They called today having just had a match come through which unfortunately sold by the time I got back to them, but they did say they are now at MSRP on cancellations.

of course theyre going to offer msrp.. those are going to sit on the lots.. people cancel for 52k pre tax credit my LR..