Model X

How many people noticed that the predicted price for the Model X just jumped $25,000?

edited November -1 in Model X
I guess that will teach me to make baseless assumptions...

I know we were never told an actual price for a Model X.
We were only told it would be priced similar to a "comparably equiped Model S."

But there was no such thing as a "comparably equiped Model S," since the X was dual motor and the S was single motor. By definition, all X's were going to be equipped better than all S's.

Hence the baseless assumption:
If the X was better than any S out there, then the "most comparable" S would be the best possible S. Even if it was not a fair comparison, that was the closest comparable model available.

So I priced out a Performance S 85 with all the upgrades and got a price in the high 90K's as my best guess for the price for a Model X.

But since the Model S-D's are now available to be ordered, there really is an S that is "comparably equipped". And the Performance S 85D is now running over $125K when you add the perks.

That is quite a bit more than I had budgeted. I thought my $45,000 deposit on Sig#228 had me almost half-way there. ($40,000 for the X plus a $5,000 deposit on an S that I have no intention of buying because I have too many kids to fit, but was told by a salesperson I needed to put down to get invites to certain test drive events) Instead, when we are finally allowed to design our X's, I am going to have to come up with more than another $80,000!

All you other Sig X reservation holders may have just gotten one slot closer to having your own X built...
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Comments

  • edited November -1
    Wow, slow down.

    The X can still be priced similar to the S, the add for AWD was 4k on the S85D not 25k. Sure, you can take the most expensive version of the S, or you could take the least expensive version, to play the other side. Neither is right.

    FYI, you can't get to a performance S will all the upgrades for upper 90s. I bought in 2012 and paid 98k, before tax without the sound system and dual inverters. Maybe used.
  • edited November -1
    I don't agree. The Model X will be a single digit percent more than an comparable Model S D. Let's assume 5%.

    The base Model S 60D lists for $75,070, so the base Model X 60 will be ~$78,825.
    The base Model S 85D lists for $85,070, so the base Model X 85 will be ~$89325.
    The base Model S P85D lists for $120,170, so the base Model X P85 will be ~$126,180.
  • edited November -1
    $4,000.

    Quite a bit less than $25,000.

    You could configure a Tesla Model S to over $125,000 before the 'D' was introduced.

    So... What the problem is?
  • GLOGLO
    edited November -1
    @Red Sage

    Agreed. I'm not too worried at this juncture. I expected the second motor to cost more. I'll wait before I get worked up.
  • edited November -1
    It seems to depend on one's preferences. The 85D "loaded" with premium sound, upgraded interior, 21" wheels, etc. is $108K. If one were looking at a comparable Model S P85+ which is now the P85D, then the price is $128K, since the P85D automatically adds red brake calipers, air suspension, tech package, 21 wheels, etc.

    There is something in range to make the S85D base attractive--that is the 295 mile range (somewhat less on the X, I would guess). Prior to the announcement, I was wondering if there would be a model X P+. It looks like that question was answered with the S P85D.

    Given the preferences... the price differential seems a slight increase over the prior Design Center. However, there are some things that are now standard (parking sensors and fog lights) that equalize the price.

    One major difference is the Upgraded Seating is only indicated on the P85D. It only has one color in the Design Studio. That could change for the X.... wait and see.

    I was estimating 125K for a Performance+ X.... will reconsider given the range advantage to forgo the ZOOOOOOM factor.... although would like to dust my golf buddies Porsche in a SUV.
  • edited November -1
    X will start $10k over base RWD S.
  • edited November -1
    According to this website I can still do a RWD X.
  • edited November -1
    OK...I stand corrected. I checked the X site again and I was wrong. Bummer.

    I didn't need the extra motor but I guess I'll have to take it.
  • edited November -1
    Elon said "single digit % more than model S". That's 0 to 9 %, if I under correctly. 0 would be nice but unlikely. 9 would be worst case, if he can be held to his word. MS 85D with Tech pkg at $91k becomes MX 85 at $99k. My budget is about $100k I own some stock. Shall I fire him if he is wrong?
  • edited November -1
    <b>@geargehawley&lt;/b>, if anything, up until now, Elon has always kept his word (if you don't hold him to production schedules, which is always a tricky thing to pin down). I have no reason to believe that he won't keep his word on the Model-X pricing.

    However, Elon has lots of ways to play with Model-X pricing and still keep his word. Now that the Dual motors S has come out, he can use this higher price vehicle as the "comparable" model to base his Model-X price. He can also make certain features as paid-options (like the 3rd row seats). He also has the whole single-digit range to work with. Lots of wiggle room!

    --Dan
  • edited November -1
    Sorry, Dan. I'm not letting him weasel out of what he said before the big D. When he made the comparison, the Model S had only one lonely drive unit. If it's more than 9%, he's toast but I'll buy the MX anyway. I'm in the low 9000s, if that means anything. I'm thinking that my wait is possibly under 365 days. Yippee! There, I killed another 3 minutes.......
  • edited November -1
    <b>@georgehawley&lt;/b>, I am very confident that the base Model-X will be 9% (or less) more expensive than the base Model-S (even without dual-motors). I wouldn't be surprised if the Model-X is priced exactly the same as a dual-motor Model-S. But, when you finish adding all the extras, you might be shocked how quickly things add up. I certainly was shocked how high the price is for a fully loaded P85D - it will likely be the same for a fully loaded Model-X.

    I think you should "fire" him (sell stock) if you're unhappy with the final cost of your Model-X and use that money to further upgrade your vehicle. :)

    I'm reservation #008 (Canada)...maybe 180+ days for me???

    --Dan
  • edited November -1
    OK no alcantara, whatever that is. Oh and just regular calipers. Maybe I'll have to put a couple of folding chairs in the third row.

    Actually, pricing out the Model S85D (don't need a P) with a tech pkg, pearl white paint and rear seat that I roughly equate to 3rd row seats, I get $93K. Don't need subzero or snow options in FL. Don't need a spoiler, fancy interior or super hi-fi (I'm going deaf.). I'm thinking about $100K for the X. I figure the stock price will double by the time they get around to building my car in a year from now. I'll sell the stock, use half the money to pay for the car and put the rest back in the stash. How's that for a plan? Maybe I'll drive up to the great white north in the summer time (between the first and second week of July, 2016) and buy you a donut.:-))
  • edited November -1
    It's a deal, <b>@georgehawley&lt;/b>! :) Hopefully, I'll have my MX around the same time too and I can show you what alcantara looks like first hand. ;)

    --Dan
  • edited November -1
    Alcantara is the original brand name for he european made "ULTRA SUEDE".
    The only fabric used for furniture upholstery that comes with a 10 year wear guarantee.

    JFYI

    Not the cheap Chinese made faux suedes or micro fibers.

    This is a non woven fabric of super man quality!

    World class !!!!
  • edited November -1
    Thanks <b>@sofaguy&lt;/b>! Is it difficult to keep clean?

    --Dan
  • edited November -1
    Alcantara is the base package material for the Porsche Macan, with optional upgrade being leather.
  • edited November -1
    i too am hoping and needing the X price for the one i want to stay under 100K; fingers crossed

    @georgehawley; sure come on up and visit us in the frozen wasteland - oh btw we spell it "doughnut" here ;-)
  • edited November -1
    Oh shoot.
    I was waiting for Brian to correct me.
    I have not yet had the privilege. :-))
  • edited November -1
    Vandacca,

    I used to show it to client that asked that same question.
    I would take a BLACK "Sharpie" and write my name on a white sample of alcantara.
    I then would use denatured alcohol and a plain diaper, and it would come out!!
    Trick is to react to the stain quickly, and use the correct cleaning for what ever the stain is.
    World class fabric, but VERY pricey, for a reason...
  • edited November -1
    <b>sofaguy:</b> Thanks for the information! Always nice to learn something new.

    ;-)
  • edited November -1
    I've been trying to reconcile the pricing of the Model S85D with Dual motors against the P85D. I loaded the S85D with Smart Air, 21" tires, Tech package, Premium Sound/Interior, and everything except the Winter Tire Package and Spoiler. It comes to $108K. The P85D box says includes the upgraded motors, requires tech package and Smart Air (included in the S85D pricing estimate). Selecting the P85D Adds $13.5K --according to the dialog box for "high performance dual motors, special suspension, Alcantara headliner, 21" wheels, etc.

    My problems is the Dual motor options then jump an additional $10.2K on top of the P85 package for a total Premium of $23.7K over the fully loaded S85D.

    It appears there's a double-dip in the pricing model...... I'm I missing something here?? (besides red calipers).
  • edited November -1
    The P85D takes the place of the P85+, which included upgrades over the standard P85. The cost to upgrade from S85 to P85 is always $13,500. However, the cost to upgrade from RWD to AWD is $4000 for S85 vs $14,600 for P85. If you already have AWD selected when you go from S85 to P85, it hides the true upgrade cost because the AWD price doesn't update until P85 is selected even though the P85 box reflects the specs of P85D. You do get leather seats and alcantara included, a $3000 savings, but the total upgrade cost is $21,100 assuming you've already selected all the required and included options. If they wanted to make it more visible, they should automatically uncheck AWD when you go from S85 to to P85.
  • edited November -1
    Thanks @timf2001... I didn't realize there was a S85, P85 and P85+ prior.. It is just odd the way the site pricing works. I need the TLM stock to go back up....
  • edited November -1
    Don't forget the P85D also includes the new sport seats which you can not yet add to the S85D.
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