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Option pricing is up...

Option pricing is up...

mcornwell | December 20, 2011

$79K for sport package includes:

85kw battery
Exterior carbon fiber inserts
Nappa leather wwith Alcantara leather
Air Suspension
Performance wheels and tires

Looks like there are also 19" aerodynamic wheels as well.

mcornwell | December 20, 2011

$1,500 for Pano Roof

mcornwell | December 20, 2011

Battery warranty is unlimited mileage with the sport. Interesting.

mcornwell | December 20, 2011

Actually, the 85kwh battery has an unlimited mileage warranty, not just the sport.

David M. | December 20, 2011

What a shame to make leather a $1,500 option on a luxury car costing more than $50K.
Also, included in the Tech package, which costs $3,750 is a list of features that ordinarily come standard on a luxury vehicle.
TECH PKG
- turn by turn navigation (standard on my $199 smartphone)
- backup camera
- power liftgate (on many minivans since 1999)
- keyless entry (std on many $20K cars)
- plus a handful of other cool and unique stuff

PARCEL SHELF $250 option (always std on most luxury cars)
PAINT $750 option (unless you accept black or white)
NO MENTION OF 3G OR 4G (unless I tuned out and missed it)
Speechless at this point . . .

Geoff2013 | December 20, 2011

@David M - You and I are on the same page. Pretty surprised to say the least.

I still can't get over the fact that keyless entry is an option?

These are all features on cars costing less than $40K...speachless here as well.

Longhorn92 | December 20, 2011

I never thought I would say this because I've been a huge fan for a long time, but I think they may have just lost me as a reservation holder. I agree that many of the options should be standard on a mid-range luxury sedan.

mcornwell | December 20, 2011

I almost missed it (mainly because I'm not a signature reservation holder), but they announced pricing of $87,900 which of course includes the 85kwh battery, special paint ($1,500), leather ($1,500), air suspension ($1,500), any wheel you want, tech package ($3,750), sound package ($950), the parcel shelf ($250), and the twin charger ($1,500).

pbrulott | December 20, 2011

wow, just saw the specs in my daily research on TMS. What do they mean by Supercharger access not available on the 40KWh model? Does that mean we don't have the fittings included thus not physically possible or simply that we are not allowed to stop by a supercharger??? or another reason could be the battery cannot support it?

6.5 sec 0-60Mph, not what I expected

For the rest, I am not surprised of the cost of the options. For me, I am getting leather, pano roof, paint 750 and that is it... just waiting for canadian pricing which I hope will be similar.

rdgreene | December 20, 2011

My dream Tesla non-Sig is 92100, using my Sig reservation it's 99400. They're both under 100, which I had mentally prepared for, but I'm ambivalent about the 7300 I'm paying to get a car first instead of last. :)

I guess probably the Sig has some unknown "extras" that would factor into the equation...

michiganmodels | December 20, 2011

@eBrett / @David M- which luxury sedans are you specifically referring to? BMW has all of these features as "options" for their 5 series.

Specifically - keyless entry is not a standard feature on a BMW. BMW refers to it as "Comfort Access."

http://www.bmw.com/com/en/insights/technology/technology_guide/articles/...

Also, on a BMW 528i (for example), the rearview camera and Navigation is a $1,850 package or $2,900 in options (if you choose a "package" you receive a discount: navigation is $1,900 option and keyless entry is $1,000 option when chosen individually).

http://www.bmwusa.com/Standard/Content/BYO/Byohome.aspx?enc=gzD33OXBrB+q...

This is my first "luxury Sedan," and my pricing expectations were met. (Being that it's my first luxury sedan, I just spoke with neighbor who drives a BMW 5 Series, and he thought the pricing/options were completely in-line for a "luxury sedan"). My expectations were met because 1) the pricing is in-line with a BMW 5 series (which is what Tesla has said all along) and 2) it's the first car of its kind, so I expected to pay a premium for that alone, but now knowing I'm paying the same pricing for options in a BMW 5 Series; I'm more than satisfied.

So, my question(s) to anyone disappointed is: what were your expectations? And what specific luxury sedans have the Model S options/features as standard features?

AndrewB | December 20, 2011

I agree with the last post, this is what I expected and is pretty much the BMW model for pricing. Even the high-end performance model is comparable to the BMW M5, actually slightly less for similar performance.

Charged_Up | December 20, 2011

I didn't see the pricing for the signature. Can some kind soul point out where sig pricing is discussed?

Thanks...

Geoff2013 | December 20, 2011

There is a vertical red banner that you have to click on.

http://www.teslamotors.com/models/options

One you are at the specs page, click the banner "Show Model S Signature"...once you click that the page will display the info you are looking for.

G

Discoducky | December 20, 2011

Count me as expectations met. I've been looking at both a A6 and 5 series and these options and prices are right inline.

I'm bummed about the Xenon headlights as I expected LED.

brianman | December 20, 2011

As I evalute the math and my choices, I found it a helpful activity to pull some of the BMW numbers. In case it's useful for others...

http://www.teslamotors.com/models/options
Tesla Model S (non-Signature)

Paint $750 Metallic
$1,500 Multi-coat

Roof $1,500 Glass Pan.

Wheels $0 19" all season
$3,500 21" high perf

Seats $0 8-way adj., microfiber
$1,500 12-way adj., heated, Nappa, leather, Decor accents

Sound $0 200W, 7speaker, AM/FM/HD Radio, 2x USB, 500 songs
$950 580W, 12speaker, 3000 songs

Tech $3,750 turn nav, HD rear cam, power rear gate, keyless entry,
Xenon headlamps, LED fogl., Electrochrom. side mirrors

Suspension $1,500 Air

Seating $1,500 Rear Facing Seats

Storage $250 Parcel Shelf

----------

http://www.bmwusa.com/standard/content/byo/default.aspx
BMW 535i Sedan

Paint $550 Metallic

Roof $0 2-way power moonroof with remote

Wheels $0 18" 245/45 run-flat all-season tires
$3,600 19" perf run-flat, [6 other features]

Seats $0 10-way power-adj., Dakota leather, Dark Wood trim
$500 heated

Sound $0 180W, 10speaker, AM/FM/CD/HD, 1x USB
$950 600W, 16spkr, 1yr Sat. radio

Tech $0 keyless entry, Xenon headlamps, LED fogl.
$1,000 Comfort Access keyless entry
$400 rear-view camera
$1,850 rear-view camera, nav system

Brian H | December 20, 2011

Geoff;
No vertical red banner, so your instructions die right off the top.

Where, on what page? Be exact, pls.

stevenmaifert | December 20, 2011

Still digesting it all, but happy to see the J1772 public charging station adapter will be included at no additional cost. Maybe they read my October post on the subject :)

Longhorn92 | December 20, 2011

The options are only part of the reason for my disappointment... the 40kWh battery differences are also a disappointment for me.

On the options front, a 2012 BMW 535i would be about $53,500 (TMV on Edmunds) for the options I want. To get a similar set of options on the Model S, I get to about $57,600 (AFTER the $7,500 federal rebate). Granted, I get more options on the Model S because I cannot order certain things piecemeal given the Tech Package all or nothing type approach. This is part of my frustration... it seems to be same old car manufacturer "optioning you to death." I was hoping that this was a different experience.

On the battery front, I only need the 160 mile capacity given my driving habits (as well as my cheapness when it comes to a depreciating asset). I understand that I may not fully comprehend the battery technology issues; however, I didn't expect a big decrease of the 0-60 time, the lower relative warranty on the 160 battery, or the inability to use the nationwide charging network. I'm not saying there are not very good reasons for all this, I was just disappointed.

Combine the above with my less than enthusiastic view of the interior so far (I know these are betas and we don't know what the final outcome of this is), it just has all given me a fairly negative view over the past month. To be clear, I am not a die-hard environmentalist nor a luxury car aficionado, I just think it's a cool company that makes cool cars, and I was excited about it. Although we can afford it, my excitement (as well as my wife) will likely not allow me to spend $60k (in today's $) on a car.

Bill Tracey | December 20, 2011

I'm confused is the Model S performance the SIGNATURE S

Bill Tracey

cerjor | December 20, 2011

Turn-by-turn navigation. If I choose not to get this option, does that mean I have to carry my Garmin GPS to guide me?

What is the supercharger they mention? Certainly not the "blower" of an ICE. Does it boost performance or just allow faster charging of the batteries?

cerjor | December 20, 2011

Will "destination charges" be added to these prices? Those will probably add another couple of grand.

David den Boer | December 20, 2011

My thinking now is that everything I want is in the Signature (except for the kids seats), so I may just have to upgrade my reservation this week...

Rumbles | December 20, 2011

For those using an iPad (or iPhone), the signature banner is almost hidden. Touch the red patch at bottom right, then touch again when it appears at right. Now you have additional columns that correspond to signature and signature performance.

jbunn | December 20, 2011

I was afraid there would be a certain amount of this. We've been drooling over this for so long, imgining all the cool tech options we'll get. Voice powered entry, antigravity suspension, massaging reclining 18 way seats, etc etc. But with options, you have to pay. And to be honest, we all had to know that at some level. And perhaps we really didn't need a 500 watt stereo. It's there for the purchase. But now it's time to seperate the important from the urgent. I can live without a supercharger, for example. I might use it just a few times over the life of the car.

Before the pricing, I had already decided on stock 19's, leather, pano, and grey paint, 230 mile pack. 3750.00 in options. I can deal with that.

And I did like the 8 yr 125,000 battery warranty. That helps alot. More money than I wanted to spend, but I kind of knew that going in...

Cheers!

Brian H | December 20, 2011

@Rumbles;
On a desktop, with wide-screen display, and no banners or patches or other access to the Sig. WUWT?

olanmills | December 20, 2011

I am happy overall. I do think the tech package is kind of expensive, and I wouldn't have expected to pay extra for that, and I would have expected the uplevel sound system to be inlcuded.

I am actually really surprised that the xenon lights and LED foglights are part of the tech package. The exterior lights are part of the signature/branding of the car. If I was Tesla, in order to make a great marketing statement to observers by making sure that all cars had these fancy lights.

olanmills | December 20, 2011

Is it wierd that I can't decide if the aerodynamic wheels are ugly or cool?

Aesthetically, the 21" wheels are my favorite, but I don't want performance tires and I think they're too expensive.

Bill Tracey | December 20, 2011

Sorry still can't find it

Bill Tracey

Rumbles | December 20, 2011

The red vertical banner should appear to the right of the table heading "model s Permium electric sedan deliveries begin Fall 2012". Cick to show the additional columns.

Brian H | December 20, 2011

The Features page has a bit more detail about some things:
http://www.teslamotors.com/models/features#

mwu | December 20, 2011

Sport package starts at $84,900 right? Stating $79,900 plus Additional Standard Equipment is a bit confusing.

olanmills | December 20, 2011

@Bill Tracey
He said, "I'm confused is the Model S performance the SIGNATURE S"

No, I'm pretty sure that the Model S Perfomance is NOT the Signature. I'm guessing the Signature will have all of the same features as the Performance, plus special badging and other aesthetical options, and unique color options.

Also, I'm not sure why people are having trouble finding the page:
http://www.teslamotors.com/models/options

brianman | December 20, 2011

"Optional Signature White leather"

Has anybody found a good picture capturing the difference between the non-Sig Gray and the Sig White?

Bill Tracey | December 20, 2011

Found it thank you....OUCH!!!

Bill Tracey

olanmills | December 20, 2011

Well I'm assuming we'll be able to see this in the Design Studio and they'll have samples in the stores some day. I really want to see the way the banana leaf, lacewood and piano black trimmings look with different color combos.

Ron5 | December 20, 2011

What disappointed me the most is the fact that they are implying that "R" reservations won't be delivered until the fall. :-(

I was thinking it would still be summer for my R140, based on what some factory people suggested...

mcornwell | December 20, 2011

@mwu, yeah, that "additional standard equipment $5,000" had me confused. I read it as its included in the addional $10,000 that you're paying for the performance option, because I if you scroll down and look at those options, it says included.

How is everyone else interpreting it? I can't imagine they are charging $10k for a better invertor and some carbon fiber accents.

toto_48313 | December 20, 2011

rdgreene | December 20, 2011new

My dream Tesla non-Sig is 92100, using my Sig reservation it's 99400. They're both under 100, which I had mentally prepared for, but I'm ambivalent about the 7300 I'm paying to get a car first instead of last. :)

I guess probably the Sig has some unknown "extras" that would factor into the equation...

rdgreene, it's almost the same for me, so i'm thinking about downgrade my sig reservation back to my original P one, especially because the color choise a better for me in basic models than the Signature...

Overall, it's close to the price range I was expected, especially for a performance.

I need some clarification about the "twin chargers" option, how it works, and what is required to make it work? is the high power wall connector mandatory?

mcornwell | December 20, 2011

cerjor@hotmail.com, the supercharger they refer to is Tesla's term for their charging stations that they are planning on setting up on major highways, which will allow for super fast recharging.

My wifes 6 year old $30k Prius had key less entry and starting. I would have assumed a luxury car made 7 years later,billing itself as the most technically advanced vehicle on the road, would have it as standard equipment.

doutt | December 20, 2011

Does anyone have a clue about adaptive cruise control or parking sensors?

Peak Oil bruin | December 20, 2011

Wonder what kind of lights you get if you don't cough up $3750 for the tech package: Incandescent or CFL bulbs?

Peak Oil bruin | December 20, 2011

microfiber seats cannot be heated?
other than these 2 qualms it's pretty much as expected

Peak Oil bruin | December 20, 2011

umm, one other thing, the pic of the 19" aero wheel option looks like a hubcap or spinner?

Soflauthor | December 20, 2011

Sig priced came in within $400 of my estimate. Even with the pano roof, the Sig is under $90K. I'm very pleased.

Now, the big question is the final interior design, but as far as pricing goes, TM has kept its end of the bargain.

Mycroft | December 20, 2011

The pricing is pretty much spot-on with my estimates and expectations.

- The turn-by-turn NAV has always been stated to be an upgrade. If you have the communications contract or tether to a smart phone, then Google maps will still be available as long as you have Internet access.

- I was hoping the second charger would be optional on the Sig, but I'm not surprised it's standard.

- Bummer about no wood grain, but Big bonus with the carbon fiber accents on the Sport!!! Woo hoo!

- Not too surprising about the reduced performance of the 40kWh pack given the reduced number of cells in the pack to draw from.

- For the Sport, I remember stating that there would be required "options" with it including the air suspension. Pretty weird that they didn't just add it to the base price of the Sport.

- The website did say that leather was standard with the Signature edition, which said to me that the base would not have leather as standard.

- Mmmm Alcantara accents, whatever that is. LOL Is that like fine Corinthian leather?

- Too bad that Muir Red won't be available until 2013.

- Pano roof is $500 less than I expected. Almost makes up for getting stuck with a $1,500 extra charger that I probably didn't need.

- Did I mention carbon fiber accents?! COOL!!!

All in all, I'm excited!

engle | December 20, 2011

To @David M. and the other people who expected many options to be included at no additional cost, simply because this is a "luxury" vehicle:

Please try to research some competitive luxury vehicles before you reach an emotional "speechless" conclusion. Check online or go to a BMW or Mercedes showroom.

The fact is Telsa's options pricing compares very favorably to the 2011 E350 Bluetec 4-door sedan I have now. I'll use the 2012 MSRP pricing for comparison. Tesla's Tech ($3,750) and Sound Studio Packages ($950) = $4,700 combined are roughly equivalent to Mercedes's "P2" package = $6,450!

Model S Tech Package: $3,750

  1. turn-by-turn nav,
  2. high def backup cam,
  3. power rear liftgate,
  4. automatic keyless entry,
  5. Xenon headlamps,
  6. LED foglights,
  7. Electrochromatic side mirrors, (E350 driver std, no passenger option)
  8. 16 GB hard drive,
  9. Two rear USB ports (not available on E350), and
  10. Homelink (to open garage doors, standard on the E350).

Model S Sound Studio Package: $950
- 580 watts, 12 speakers, ProLogic 7.1, 16GB HD and Sat Radio

2012 Mercedes E350 "P2" Options package: $6,450(!)

  1. turn-by-turn nav,
  2. rear view camera,
  3. electronic trunk closer,
  4. KEYLESS-GO (same as automatic keyless entry),
  5. Bi-Xenon headlamps with Active Curve Illumination (Tesla doesn't have active curve in Model S 1.0),
  6. LED Daytime Running Lights (instead of fog lights -- Tesla DRL are std.),
  7. 10GB Music Register,
  8. Harman/Kardon LOGIC7(R) sound system with Dolby Digital 5.1, HD and Sat Radio, (610 watts, 14 speakers) -- needs more watts and speakers because car is noisier inside?),
  9. iPod/MP3 media interface, (Tesla has 2 standard USB ports
  10. Enhanced Voice Control (EVC),
  11. Heated front seats, (STANDARD on Model S), and
  12. Power rear-window sunshade (not needed for a hatchback)

So, Mercedes MSRP is $1,750 more than Tesla's. Their invoice cost is still $1,206 more!

Individual Options Comparison:

  • Metallic Paint: $750 (Tesla) vs. $720 (Mercedes)
  • Tesla Multi-coat Pearl White = $1,500 vs. Mercedes Diamond White Metallic $1,515
  • Leather option: $1,500 (Tesla) vs. $1,620 (Mercedes)
  • All Glass Panoramic Roof: $1,500 (Tesla)
  • Power Tilt/Slide Panorama Sunroof: $1,070 (Mercedes, for an inferior sunroof)

Anyway, from the above you can see my point. Tesla has done a great job pricing these options against the competition, and I am very pleased, both as a future owner and current stockholder.

Happy Holidays!

Russ

PS. The only Mercedes package we don't see offered yet is the "Driver Assistance Package" ($2,950). This has DISTRONIC PLUS (with PRE-SAFE Brake) - radar dynamic cruise control, Active Blind Spot Assist, and Active Lane Keeping Assist. Note that Tesla has access to all Mercedes technologies and their "parts bin". I asked about DISTRONIC at the Oct. factory event, and the engineer said they are working on it for a future version of the "S". Personally, I don't think early adopters such as ourselves who are spirited drivers need these features.

I think Tesla always says Model S is targeting BMW 5 Series, since Mercedes is a major investor. :-)

> David M. | DECEMBER 20, 2011 wrote:
> What a shame to make leather a $1,500 option on a luxury car
> costing more than $50K.
> Also, included in the Tech package, which costs $3,750 is a
> list of features that ordinarily come standard on a luxury
> vehicle.
> TECH PKG
> - turn by turn navigation (standard on my $199 smartphone)
> - backup camera
> - power liftgate (on many minivans since 1999)
> - keyless entry (std on many $20K cars)
> - plus a handful of other cool and unique stuff

> PARCEL SHELF $250 option (always std on most luxury cars)
> PAINT $750 option (unless you accept black or white)
> NO MENTION OF 3G OR 4G (unless I tuned out and missed it)
> Speechless at this point . . .

Mycroft | December 20, 2011

OK I looked it up and Alcatara is a suede like synthetic material that is very durable. So it's probably going to be used in the lateral support parts of the front seats of the Sport version.

XrstalLens | December 20, 2011

@mcornwell I'm also a bit confused about whether the $5000 is additional cost above the $79,900 or if it's just pointing out that you get $5000 worth of included options "standard". The former wouldn't make sense to me as that means the actual cost of the car is $84,900 and saying it's $79,900 is not true.

@toto_48313 The 20kW charger option halves the time to charge the car but requires very high current. By my calculations (and I could certainly be wrong) to take advantage of the 20kW charger option you would need a charging circuit that is 42 amps or higher (240V) - and it would need to be 83 amps to get the full charging rate. To compare, your dryer is most likely 30 amps and a whole-house air conditioner is typically somewhere between 30-50 amps. I'm not sure that any standard dryer plug supports 83 amps, so the Telsa high current charger is probably required.

I'm using a straight calculation (Watts = Volt * Amps) to come up with these numbers, but they match with other things I've seen regarding car charging circuits. However, there could be other factors I'm not aware of and Tesla will need to provide definitive specs on power requirements.

BTW, even 40 amp wire is pretty big, so be prepared to pay an electrician some good dough just for the wire to run to your breaker box...

mcornwell | December 20, 2011

@Mycroft, I have Alcantara seats I my Audi S4, and after 8 years they've held up very well, though the low 25,000 miles I have on the car helps. Not my car, but this is what it looks like:

http://www.audiworld.com/features/tests/2004_s4_013.jpg

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