Tesla Model X - Watch This Before You Buy It! Is It Worth It?
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- čas přidán 22. 08. 2024
- Tesla just reduced the price of the Tesla Model X significantly, and it has a lot of people asking themselves if they should pull the trigger. This most recent price reduction means that the Model X now qualifies for the EV Tax Credit of up to $7,500.
Tesla lowered the price of the Long Range Model X to $79,990, making it $10 under the cap for the EV tax credit of up to $7,500. In addition, Tesla also made all paint colors included in the price. So, as long as you order the basic configuration, with any paint color, you will be purchasing a car that is eligible for the full tax credit.
This effectively makes the Model X $72,490 after tax credit. At this significantly lower price than previously possible, there are a lot of things to consider. First, the car can only be ordered in the 5 seat configuration. You cannot order the Model X in 6 or 7 seat configuration, nor can you retrofit a third row in a Model X. So make sure you can get by with the standard 5 seat setup.
The next thing you are probably thinking about is if it is worth upgrading from the Model Y to the Model X. The Model X is faster, tows more, has more storage, has more space for passengers, charges faster, has a bigger screen, almost twice as many speakers, second screen in the back for streaming while driving, air suspension, cooled front seats, and on and on. The list of added features and capabilities is long. The price difference between the Model Y and Model X is now down to $29,500 when comparing the Model Y LR AWD.
Those added features are really nice, but they also come with some baggage. For instance, the Falcon Wing Doors on the rear of the Model X are iconic, and complicated. These doors use to be the weak point in the Model X and plagued with issues. Although they are better today than they used to be, they are still a complicated door and are prone to issues.
Like all other HW4 vehicles, some of the driver assistance features are not active. Further, the removal of a number of ultrasonic sensors has made other features of the Model X not properly function, including the automatic doors on the front of the car. The front 2 doors cannot open all the way automatically because the vision only system cannot determine how far away obstacles are yet. This means there is a lot of resistance when opening the doors.
Other features not working properly are the inability to toggle information on the heads up display in front of the steering wheel. You also cannot see much of the efficiency data that is easily displayed on the Model Y and Model 3. Another thing that is an issue is that you cannot split music and streaming. So you can either listen to a movie on the back screen or the radio, but not both.
In the end, it's a bigger, more comfortable, faster, better charging smoother riding SUV. It does come at a larger price tag, and will come with more issues in reliability, but can offer an amazing driving experience. It will be hard to overcome the value and reliability of the Model Y, so if you can afford it, it may be worth seriously considering to enjoy the various features exclusive to the Model X.
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It’s important to note that if you own a business model X does qualify for section 179, and bonus depreciation as well. Also under the EV tax credit rules for businesses, there is no cap on how much the vehicle cost, so you could load up a model X, title it under your business and get the full $7500 credit.😊
Smart
Glad I was not the only one thinking that. I kept wondering if I was delusional in my interpretation of the rules and why I should get the plaid.
This isn’t true. If your
Business is not a C-corp, but a pass thru entity (LLC, S-corp, Sole proprietor) you are
Limited by all the same
Rules as the 30D tax credit. You’re thinking you can take the commercial EV tax credit-and you cannot unless you’re a rental car company or a dealership leasing your vehicle-along those lines. S-corps and partnerships, LLC’s, and other pass thru entities alike are limited by the income, MSRP, and battery rules.
Check out the IRS fact sheet . Topic B; Questions 2
www.irs.gov/pub/taxpros/fs-2023-08.pdf?fbclid=IwAR3wELh_CHTrKfwmkJARjNGrnvqV_Xwv3G2jnkiTIrjfotx0bulKvL6u058_aem_AcaZBRwD49u_Uqvh9NSvGO0ZxpQX1QZPsJ5bAX9UZSEf9JOPX0DB5vAmkfv-vRv-tsU&mibextid=Zxz2cZ
@@attylopezyou are delusional. You can’t take the Commercial EV tax credit as a pass thru business. You’ll need a real corporation, not an LLC, S-Corp, partnership, etc…
Read “Topic B” Question 2 on the IRS fact sheet
www.irs.gov/pub/taxpros/fs-2023-08.pdf?fbclid=IwAR3wELh_CHTrKfwmkJARjNGrnvqV_Xwv3G2jnkiTIrjfotx0bulKvL6u058_aem_AcaZBRwD49u_Uqvh9NSvGO0ZxpQX1QZPsJ5bAX9UZSEf9JOPX0DB5vAmkfv-vRv-tsU&mibextid=Zxz2cZ
This video was so needed on CZcams and was done excellently. Part two can be is waiting for the refreshed Model Y a better choice than an existing Model Y or the reduced price Model X. Keep up the good work.
Glad it was helpful!
Model Y isn’t going to be refreshed until at least late 2024 unfortunately.
Yes, same question!
Excellent, informative video, thanks! Swapped our Model Y for an Ultra Red X. Got a $1000 referral discount, $7500 Federal, $5000 Colorado, bringing price down (before destination fee and taxes) to $66,490! Another difference I noted from our Model Y is the seat is 3/4" wider between the bolsters - just enough to make them much more comfortable for me.
Very nice, congrats!
How are trade in prices for Model Y?
You mean royalty bonus. What year/miles is your Model Y? Do you find X's speakers much better?
@@DigantGoyal Tesla offered 1K more than Carvana, but final amount is "Pending" after sending in photos.
@@Trust_but_Verify Actually, I meant referral discount as I posted, not a loyalty bonus. I didn't realize the referral discount fine print says for first time buyers. The manager at my local dealership helped me complete the purchase in the app. I gave him the referral link I got from a friend, and he plugged it in, and it took $1000 off my purchase price. He never said anything about first time buyer only. Perhaps Tesla will audit this and remove the credit - hope not.
Traded in 2023 Y with 9k. Didn't play with speakers much, so not able to provide a good comparison between the Y and X. My Y sounded fantastic, and I expect the X to be even better.
People fail to note that your vehicle must be used 50% for business. Make sure you have good record keeping in case you get audited.
indeed
What do you mean? Doesn’t work count as business?
I am scheduled to receive my Rivian R1S on Sept. 11th. Now that the Model X is cheaper than my Rivian, I am thinking of selling the Rivian and purchasing the Model X. Doing so will earn me $3,750 and $7,500 in EV tax credits, plus the profit earned from the Rivian sale. I could use the six-seat config, but I can work with a 5-seat config. Definitely choosing Ultra Red!
Rivian should make you a few bucks
Your video convinced me to hold off buying. I had a 2022 model X plaid that I sold to a friend earlier this year. I forgot about all the little issues. The software being outdated. The service issues. I’m glad you called everything out.
You know you can get a discounted model ordered directly from tesla with less than 4k down payment and a total no more than 20 grand with a ref code.
@@a.ctlyzerwym?
@@fishhunterjay I did make a post on it
cheers
I ordered one! You almost talked me out of it with the initial quality issues, but I’m hoping they have a few of those bugs worked out. It’s just too much car for the money to pass up. S/X have never been a $90-100 K vehicle, but people were willing to pay it. I always thought they were more in the $75-85 but I didn’t think they would get the X under the $80 k tax cap. Now that they have I’m in. Ordered Red / 5 seater so I get the credit! I tried the Ford MME and it’s not a bad first swing from Ford, but it’s not a Tesla. Can’t wait! Great takes on this video! You nailed it IMO. Thanks
Its a lot of EV SUV for the money no doubt
I own a 2022 MX with FSD.
They average 2.6 miles per KW even though there is 100kw capacity, you can ONLY get 265 miles.
The FSD is suicide. It wants to take a Left U Turn lane at 77mph and once it's in that lane, there is no runway to slow down.
Auto Steer is all I use
I just ordered one yesterday after the price cut! Did the test drive and fell in love
Very nice!
Really great video. I got my Model X 10 weeks ago, so missed out on the savings. At the time I was happy with the savings I did get, so I'm just adopting a "game of chance" attitude when it comes to Tesla pricing. I love the car, but was disappointed by the missing three months FSD when I got it, and the front doors that only barely open on automatic. I have been playing with the FSD since it arrived a few days ago and find it too unreliable, especially when it tries to turn into oncoming traffic or ignores stop signs. That is just too much excitement for someone 76 years old. The comfortable ride, falcon wing doors, cooled seats, fantastic sound system, two extra screens and Hardware 4 potential are features I really like.
Haha very nice. Drive on!
do they still have the return policy? I would be so mad and tell them to refund the difference or take it back
I don't think there is too much future in being an angry victim. @@hadleycontractor496
I own a Model X 2022 and love it to pieces. I have had zero issues with it.
It’s a hard car not to love. It has quirks but it’s so great in many ways
Bought the Model X for all the reasons mentioned…..coming mid Nov/Dec. Biggest reason…I transferred my FREE SUPERCHARGING from my 2016 Model S to the new vehicle. Bought the base model, $7500 which is great. I nave a Model 3 performance, and felt the Model Y was too similar. So replaced the S with the X. Very happy with the decision. BTW…Great video!
Pulled the trigger Friday on a model S. Trading in my 2021 model Y. The ride, feel, upgraded interior and additional range coupled with the new discount made it too good to pass up.
It’s a lot of car for the money!
What was the trade-in value of your 2021 Model Y?
I haven’t received a trade in yet but I’m expecting somewhere around 34k. @@LiiveLifeToTheMax
Not new but new to my wife and I. Just bought a 2016 Model X one owner and no accidents. The previous owner kept it in impeccable condition and left us with every upgrade possible from auto pilot, premium connectivity, etc. The Captain chairs don't look like they were even sat in. They look new. My wife was not a Tesla fan before we bought it but is now. (Thank you babe for keeping an open mind. Usually once her mind is set that's it. Phew)
While the miles per charge in the real world is disappointing for doing errands, picking kids up from school and her 12 mile commute to work, it's great.
Dipping our toes into the electric world as this is our first. Might look at buying new next time. Actually I know we will.
Excellent and thoughtful video! I always appreciate your objective analysis. We did an overnight demo with a Model X this weekend. Wow! The ride is SO smooth and quiet! Very seriously considering pulling the trigger. I can’t imagine it getting much cheaper.
Yea, it’s crazy good price
How do you get an overnight demo? I would like to try that as well!
Excellent breakdown as always BTG! We’ve been considering upgrading from MY to X with the recent price changes, video really helped.
Glad to help!
So what was your decision? Are you going to get the X? I have the Y and I’m not sure if I want to deal with the troubles of the X.
@@user-bj7nb3io7g we decided to keep the Y
Same here
The biggest thing for somebody who was considering a Y before needs to think about is can you afford X's repair costs after the 4 year warranty. If you're leasing or dumping it after 4 years this isn't an issue. If you have 1 headlamp and 1 air suspension bladder fail you're looking at close to $10K in repairs. I'm dealing with a SRS error been going on 5 months back and forth and SRS warranty is 5 years. I might have to lemon the car if Tesla doesn't get their act together for finding the issue after 6 visits. If this was out of warranty the diagnostic labor would have been over $1.5K for 1 problem. The Y is a lot easier to live with after the 4 year mark.
Model Y . Diagnostic fees is 250$
I have a MY LR 7 seats June 2021- 108k miles.
Driver side 2nd row actuator motors to raise the seat forward . Fail.
My rear drive unit . There are 3 brushing bracket that hold the motors to the sun frame .
One is the cracks completely and the other one shows stress crack
5 hrs labor initially 2800 repairs . I told tesla . I reported the issue when I had warranty . When the tech told me it was normal. . At stop if you lightly press the gas the rear motor jolt a bit . Finally when I went on a test drive last Friday to show the issue . Immediately the lead tech . Knew what the issue was . The bushing bracket that hold the rear drive unit to the frame .
I told them this issue was day one one when’s pickup the car new .
Well this expenses would be tax write off for my LLC
Lots of maintenance costs to consider with the X over the 3/Y which are both pretty much bulletproof.
I've always liked the look of the X and prefer it over the Model Y. The ventilated seats and air suspension are luxuries appropriate for this price level and if I had the coin I would no doubt chose the Model X.
Model X comes with some very nice to haves, but the Y is still the best all around Tesla today
You know you can get a discounted model ordered directly from tesla with less than 4k down payment and a total no more than 20 grand with a ref code.
@@a.ctlyzerdo tell... Been looking to get a y or x
I just took delivery on an ultra red MXP w/ cream interior and FSD. The car freakin rocks!
YEAH! that’s the one I want, but Tesla wont transfer FSD (or deliver before Oct)
@@Jethr001You know you can get a discounted model ordered directly from tesla with less than 4k down payment and a total no more than 20 grand with a ref code.
Hell yea!
Last week’s MX price cut got me to upgrade from our MY w/ FSD. HOWEVER, my Telsa rep, (Pablo), confirmed, no FSD transfer! THEY WONT DELIVER ANY MXs ORDERED NOW BEFORE OCTOBER!!! it’s worth $12K, and Tesla doesn’t want to tell you! I got the runaround to several people/departments. Even the website said I could maybe get it in September, thus qualifying for the FSD transfer under Tesla’s rules. This just seems unethical and deceitful, no? The price cuts have been in effect less than 3 business days. I love Tesla, but this is just wrong, they should honor the date the order is placed NOT THE DELIVERY DATE DETERMINED BY TESLA FOR $12K
Saw your comment on another video, they sold out all of the quarters production and since there is a deadline, I guess it is what it is.
Great video! I’m so underwater with my model 3 and Y I bought at the peak in 2022 that I won’t be able to take advantage of any of these great prices.😢
I am right there with you :(
Sucks
I ordered a new X about 8 days ago, trying to get my order in so I could transfer the FSD from my 2019 X to the new one. Now I hear that if I don't get the new car before Sept 31, I will lose the free transfer. Doesn't seem fair, you would think if you have an order in before the cut off date you still can transfer. Might end up not taking delivery and just walk from my $250 order fee.
Yea that’s the rule unfortunately. Was hoping they’d open it to having at least placed an order by Sep 30
I just got a used 2022 Plaid w/ FSD and 22k miles for $77k. Originally a $140k car when new! I traded in my Y and so far I’m really happy with the upgrade for my family of 5
Resale on my 2021 MYLR is around $35,000 (paid $55K). Drove a demo Model X yesterday. Just didn’t feel right. Apologized to my MYLR and took her home.
😂😂
It’s a good thing she took you back!
My first Tesla was a 2017 model X "exciting" ownership experience, wonderful on road trips or every day driver. I' recently ordered a new "Ultra red" model X I did not have any plans to upgrade however, the new pricing, tax credit and Business tax deduction, makes a refresh a no-brainer!
Its a hell of a car
When you first got the Model X, I told you that you would be sad and mad about it, but you brushed me off. Now you finally get it, and your disappointment can not be hidden. Will I get an apology?
No you won’t get an apology because anyone buying a new technology this early that doesn’t understand prices will continue to go down is kidding themselves. This is the price of early adoption
Had been eyeing Plaid for a year when the price was in high 180’s while still need to pay for additional luxury tax in canada but now its too good to walk away, got Ultra Red Plaid and taking delivery next week
Wow congrats!!
Great video with solid and comprehensive considerations. I demo drove on and it was great, but 30k is almost another car worth of money I’m not at that level of comfortable.
yea, even with these awesome new prices, its still a significant chunk of change.
Hey dude 10:29 I really appreciate your honesty in your video. There is a lot of Tesla CZcams that aren’t. I just sub to your channel and looking forward to your videos
Yea man, appreciate it. Don’t know why it’s so controversial to say something critical but also love the brand at the same time. Both can be true
I did! Ordered a Model X LR in Ultra Red! 5+ year Model 3 owner here, a 2018 LR RWD and 2019 Stealth Performance (still own for now). Was never a huge X fan, but also had never driven one either....After my test drive I was in love! Awesome air suspension, loved all the recently refreshed features, tilt screen, round wheel, no stalks, HW4, 22 speakers, etc. :P
Don't forget about the Tesla Loyalty discounts.... $500 OFF 3/Y + 3-Months FSD or $1000 OFF S/X + 3-Months FSD included is icing on the cake.
NOTE: IRS site updated today 9/5/23 - Model X LR listed :)
DO NOT TEST DRIVE A MODEL X UNLESS YOU ARE READY TO BUY A MODEL X!!!!
Thanks, you helped me decide. Model Y it is. It caught my attention that there are still issues to resolve and don’t have time to be dealing with “ little surprises and dysfunctions”
cheers
The only practical reason for most people to buy the X is the six seat configuration which, after the tax credit, is now a $14,000 option + additional sales tax.
Yep
Went with the Tesla model x plaid and got the red color. It’s estimated for a nov-dec delivery! I can’t wait. Thanks for the video, it was eye opening and super informative!
Hope you enjoy it!
The falcon doors are not worth it. Sometimes it doesn’t open or Open up high and it has a lot of errors sometimes because it would “sense something “ to hen nothings around.
I definitely reconsidered after driving it for a few weeks. Be careful.
Yea lots of gadgets on the car
The model X is like double the price of the model Y in Europe for me, because of some limitations. I'm still probably going to go with the Model X as it fits my family much better.
its more car for sure, and if it fits the budget, why not
When I took a recent look at a new Model X, I was shocked and horrified at how poorly the car is made. Diabolical panel gaps. Disgusting orange peel paint across the whole car (I estimate $5K to flatten it alone).
I asked the salesperson how embarrassing it was to have such a useless hunk of junk in their showroom, and at such a despicable price.
She turned red, turned around and walked away. I guess she knows it's not possible to defend the indefensible!
So the software lock lasted a fortnight and Tesla realised the $7.5k tax deduction was the key to guaranteed order volume to scale production of the Freemont MX line.
Yea
I bought a new X last Dec and do not regret it. LOVE the car. My front doors open automatically fully if there is nothing in the way - not sure why yours don’t.
Your X has ultra sonic sensors?
@@Trust_but_Verify
No, they were removed a bit before we took delivery. Those sensors were only used for proximity for parking as well, I believe, not for how far front doors will open when u push the button. Falcon doors DEFINITELY have sonic sensors and will prevent the doors from opening fully with a low hanging tree above, for example.
We have HW4, so we dont have the USS on the car, so the software isn't developed for it to do that
I have a late 2021 Model Y Performance and I test drove the model x and the model s long range and decided to sell my MYP and I ordered the model s long range in the ultra red. I did the interior measurements and it was almost the same. The model s is 3 inches wider and 2 inches shorter vertically. I could fit my electric bike with the tires in s and I couldn't in the Y. The ride comfort and the performance is what sold me
Model S is actually a hidden gem with the hatch
@@BeardedTeslaGuy agree. It's actually 3 inches wider at the entrance. I was surprised
Great vid, deposit down today on a red Tesla model X plaid. The price point is just perfect and the little extra is not a big deal. Can’t wait to get my red plaid with white interior in around a month. 🎉
Fastest SUV in the world!
I never considered purchasing the Model X until I did an overnight test drive with it. Definitely getting one.
Damn…
Awesome video. Just a brought a model X long rang August 23, 2023 and I would’ve definitely waited two weeks for the price cut. - I love my model X but- given the opportunity I would’ve loved to have the plaid version of this vehicle.
Awesome video once again… New subscriber gained ✊🏽.
Much love from New York City
Cheers!
Super interested in one of these but let's get real, If your spending 80,000 on a vehicle you probably need to be making near that income cap of 300k. Hard to judge if you have a highly weighted income of bonus/k1 distributions could blow that out of the water easily and unexpected loss of the credit. I guess thats a good problem to have. I am real tempted as we've been talking about getting one for a while. Appreciate all your updates
Cheers
Agreed your average X buyer likely won’t qualify due to income but there will certainly be some who can swing it who fall under the cap
If you have. no dependents/debt and make 110k-150k. It seems reasonable that you could afford this yourself.
@InfamousBlackGuy could afford it... but really your car shouldn't be 70% of your annual income unless you save up at pay cash. Really car cost shouldn't be more than 10-20% of your income
I plan on buying one in 2024. Hopefully the price is the same. I want the Ultra Red Long Range with FSD
Nice. Good luck!
I have to admit, I'd never heard of your channel before today and wasn't even considering a Tesla until yesterday. I saw an automotive news overreport that the Model X had been reduced over $41K since January, and that piqued my interest. Wound up driving 100 miles to a Tesla dealer, taking a test drive, and ordering one on the spot. Yes, I did indeed order it with the Ultra Red. I wish I could have ordered a different interior color and/or swap out the wheel for the yoke, but alas, I was unwilling to forfeit the tax rebate. The advisor was kind enough to tell me about a possible referral discount if I knew anyone who already had a Tesla. My son and his wife do, and they immediately sent the referral. Win-win!
I'm a bit confused about the sales tax aspect of the tax credit. Since I ordered the car yesterday and will very likely finalize the purchase before the end of the year, will the tax credit effectively retroactively reduce the price of the car, meaning I should get a refund of the sales tax on that amount? Of course, that is assuming I qualify for the tax credit in every other way.
Regardless, thank you for such an honest and detailed review of the pluses and minuses of buying a Model X now. I'm sure your video has done a lot of people a lot of good.
If you take the delivery before the end of 2023, you will have to claim your $7500 tax credit when you file your tax return in 2024. You will get the the tax credit only to the extent to your tax liability. So to get the full $7500 you will have to have at least $7500 total tax liability. There is a income limit of $150k for single filer, $225k for hoh, $300k for a couple. If you use TaxAct or TurboTax or something similar, it will generate a required form to claim your EV tax credit when you answer “yes” to a question “did you purchase an EV in 2023” and provide required information. If you use a tax accountant, make sure to tell them you bought an EV.
Thanks. I’d love to save the sales tax on that $7500, which you apparently can do after January 1, 2024. However, I see 2 possible problems with waiting till then to try to make this happen. First, the tax credit could be changed or cancelled at any time. Second, Elon could raise the price back up at any time as well, which would disqualify it for the tax credit anyway.
Tax credit will be realized when you file your taxes. You won’t get it off the price of the car until January 1st. Congrats on the new X! And welcome to the channel!
Man, I was so close to pulling the trigger on an X, now I’m thinking maybe I just wait for the refresh Y based on the new 3 updates and see what comes there… the X is kinda dated and you bring up some great points on functionality and software that would irritate me.
Thanks for the informative and honest review/video
Cheers
Go to the dealership and try both cars. They're a very different experience you may change your mind.
Wow great video ! On my 3rd Y I love it. This is what discouraged me buying a X. These stories are all true from talking with X owners and Tesla service representatives it’s a pain owning a X. You hit the nail on the head with this video. Great 👍🏼 editing. I was wondering are you going drop the X soon ?
Also, you seem very happy 😃 with your Y and 3. I been following you from day 1. Thank you!!
I bet the X goes when his cyber truck comes in
I don’t think I’ll drop the X yet. Such a fun car. If I had do chose between this and the Y, I’d get rid of this first
Just ordered a tax credit Model X in cyber red to replace a 2015 Model X. Went to the Pittsburgh Tesla dealership to test drive the model X and model Y, they were great hosts. I would equate it to comparing the Toyota RAV4 with a BMW 5 series SUV. If you want the sublime experience, the model X is now a great value and you're going to have to put up with a little extra BS, just like getting the BMW over Toyota.
Yep good analogy
Nice info thanks. I just ordered the model X plaid black on black like yours. I know it had these issues didn’t know about a couple of things you mentioned. Was very helpful. Im still getting it cause im a tech guy and I like how it looks and that its fast like a sports car. Wanna try it see how it goes. Thanks for your awesome video.
Fastest SUV in the world, how could you possibly go wrong?
Great video. We are considering upgrading to the model X. a couple of questions: how well does noise cancellation work and might tesla be considering a model X refresh in the next year or so? cheers!
Noise cancellation works really well. It does have a bug though where it will randomly start up when you aren’t moving and it’s loud
Why is it I've not had none of issues you have experienced. The market for accessories is growing as more people buy the X, particularly with these new offers. You mentioned insurance is twice as much, well that's incorrect, my insurance actually is less than my 2019 model X performance. Go figure..my 2023 loaded X (if you will) has been flawless. Are your statistics based on hundreds of miles driven by other Tesla X's?
deal may be off… Because Tesla will not transfer FSD from my model Y to the model X I want to buy. They avoided telling me for over a day, and I got a major run around. They seem to be insisting that you take DELIVERY before October… But Tesla determines the delivery date and now says they won’t deliver before then… Despite what the website said. This is a major conflict of interest, as Tesla has a $12K incentive to delay everybody’s order. LAME!
base model x now cost as much as a high optioned model y in 2022; crazy
I know. Nuts how times have changed
@@BeardedTeslaGuyreason is people who bought model X for $100k+ are mainly tesla fans. Non tesla fans knows it does not worth that much. So it does not sell so tesla had to reduce prices. I think if tesla can reduce the price by another $5k there would be many more buyers because then people can configure 7 seat version with tax credit.
@@wjkalana100yep and it was the same when the model Y was going for 65k which was just insane.
@@doomsday9973 exactly, I don’t understand the people who thought to pay $66k for a vehicle when the same vehicle is about $20k less in China. Usually cars are cheaper in US and expensive in China. Tesla fans were screwed by Elon. Unfortunately it’s going to repeat with mid cycle refresh of model 3. I m certain tesla will charge exuberant price for model 3 when it’s released in US and sell it to tesla fans who flocks in to buy them. Then later it will get reduced. Smart tactic to earn money but financially hurting its loyal fans.
Normally that’s how pricing should work. If you looks at BMW, Audi, etc, the max variant of lower series is almost close to base variant of next higher series. Example price of top end bmw 340i is close to base 530i.
I have loved my '21 Model Y and so with this price change we put an order for my wife to get the Model X. Like most I wish I could do options (specifically 6 seats to make life with kids easier). I was tempted to wait for point of sale tax credit but as you noted the demand is skyrocketing and I wonder if they will keep the price point here - with Tesla you never know. I usually watch your videos on apple TV so there is no buttons (subscribe/like/etc.) but I logged in to my computer just to subscribe here. Love you videos, like others noted you offer a great perspective and point of view not seen from most other content providers here. Thanks!
Appreciate it, and thanks for joining the channel! Glad to have you! NOW GO ENJOY THE HELL OUT OF THAT THING!
MYLR sept22
Driving the heck outta of it 30k
Zero problems
Daily driver can’t wait to get in it everyday
Wish the X’s were like this car 😭
Model Y is just an amazing car
We have been waiting for the price to drop. We just got our Rivian R1S 2 weeks ago.. my wife, former MYP owner still misses her Tesla. She thinks the R1S is more rugged looking vs the sleek Tesla's. If... thats a big if.... the X Plaid goes under $80k i promised her I will get it for her. Now the decision will be to get rid of the Rivian or my beloved Tundra TRD Pro... we will see.
I think that’s a stretch, but then again, I also thought this price on the LR was a stretch and here we are
There are a ton of accessories for the X , they might cost a little more though. i bought a used '21 X and have added carbon fiber over the chrome pieces, a full kit with side skirts, rear diffuser, and front lip, a bunch of internal accessories. That's one of the things i researched prior to buying.
I suppose if you look at the much bigger ticket items like body kits, yea, there's probably some stuff out there. But there are nowhere near the volume of accessories for the X/S as there are for the 3/Y lol. Crazy
After the reveal of the highland model 3 interior, the interior of the S and X looks a bit dated.
Here in Europe there also dropped prices for S and X drastically but the waiting times for S/X are so bad.
I hope the refresh model Y comes soon. Seems like the best time to wait to buy a new tesla
Lots of things moving fast right now
what?? s and x feels dated now 😂 ? the s and x have the same things the new highland model has
@@stardarkkperforated seats and ambient light.
@@ChinoBingo that's it...
The new X does have perforated seats
Yeah, I pulled the trigger yesterday. Wanted a six seater but settled for the base with Ultra Red color.
You know you can get a discounted model ordered directly from tesla with less than 4k down payment and a total no more than 20 grand with a ref code.
nice congrats!
@beardedteslaguy; I not only ordered the Model X (Black on Black), I used your referral link and received my 1K discount( thank you and me). I am getting rid of my 2021 Model Y even after putting new tires, adding Teslogic, auto frunk open,PPF, and a driver side instrument cluster. I wanted the X suspension, active noise cancelation, vented seats, more room, back screen(so people can adjust their own climate in the back) and last and least; the Sirius XM app.
its quite an upgrade. you will love and hate it, but mostly love! Congrats!
Thank you for all your videos. If you buy Model Y and later Model X during 2023, will you get two tax credits 7500+7500 when you have tax liability more that 15000?
Yes
I ordered a Model X with six seats, block color exterior and cream color interior, 22" wheel, and a york driving wheel.
nice congrats!
cool, for another 3.5 K you can get a Plaid
After owning two Model X’s brand new at the time of purchase before selling them and moving to a MYP. I can say the X and it issues will cause you to reconsider the purchase. I use the MYP the sale way as I did the X. Its night and day with service and ownership experience.
The X cannot hold a candle to the 3/Y on reliability alone. There is no question there.
I have a model 2022 X, just purchased a model 23 X. No problem here.
Justin, Once Again you Nail It!!! I Enjoy watching Your videos However is Very Sad that People Disregard All available Information and Common Sense regarding Important Staff....!😮😢😊Enjoy jour Tesla! I can't afford 1 yet.
lol, well Jeebs is Ben, I am Justin 🤣
Love how detailed the video was! I am considering a model X base in Ultra red but also want to wait and see regarding the cybertruck so I’m on the fence 😢
Yea, once the Cybertruck starts shipping we should get a much better feel for how long it’ll take to get one
You may have known that Tesla has had 1.9M preorders on the cyber truck.
IMO, a standard black interior in Florida is not an option.... so a model X with a whiteish interior choice, puts it over the $80,000 price point.
with cooled seats and pre-cooling via the app, I think you will be able to manage black seats in Florida for $7,500 + $1,000
It’s even worse in Colorado…I have to run the AC all day. I am hoping for massive window tinting… it’s a major trade off.
The sound of the Secadas in the background ❤. I'm in line for the CT but love the X.
its hard to time filming outside when its not too hot but the bugs are also still quiet.
I ended up purchasing the model x plaid. I was still able to get a 7500 dollar crest because I own a business. If you own a business I'd recommend taking getting the plaid or an upgraded x because you are still eligible for the 7500 dollar credit. Also, I test drove my friend's model x plaid and his model y performance and I can say the X drives much better.
interesting
After nearly a year with my Oct 2022 Model X that I ordered at 2021 prices ( $89K base) my biggest complaints are mainly with the general build quality such as miscellaneous squeaks and rattles as well as the ever present glitchiness with the falcon wing doors. Unlike yours mine still has HW3 along with the precious parking sensors, but it sure would be nice to have an update to the UI. Do I love the car? Mostly yes. Would I buy it again knowing what I do now? Probably not.
First time EV here got Lucid Air and R1S, 1.5 years and 7 months ownership, not a rattle; however, info tech isn’t as great as Tesla, but slowly improving. Falcon wing door is always my desire when I was shopping around but didn’t pull the trigger, but now the price is very seductive.
Not a bad assessment.
This I just took delivery of MYP in July this year I do not regret it but man if this was available at the same time, I might have taken the X….in hindsight I still pretty happy with MYP…Thanks for the video!
Model Y is bulletproof and the best all around option
Got my X one month before the price reduction, but it was an inventory car plus the FSD transfer so I paid a little more than I could have. Still not upset.
Hi just wanted to say thanks. I bought my x in March and have been struggling with all the price cuts. Your video gave me some piece of mind. I am an avid fan of your videos and watch almost all of the! By the way I owned an early MYlr that had a lot of issues hence the move to the model x . Interesting last week I had the same issue as you with the falcon wing doors not opening. It was scary having people trapped inside. Not a good selling point for the friends I was introducing to tesla. They were not happy and after the dinging and the doors not opening their comments were call us when you get a car that is not a death trap. Lol I still love the x even though I had it in the SC for non moving middle seats falcon doors squeaking and minor issues. Keep up the good work .
Cheers
I have an older X and Y LR and P
If you have a business, means or needs for larger vehicle then the X is a great car.
However the Y P is really awesome-value, right sized, Performance (vs X LR), manufacturing/design (megacast). Is rather have a Y with FSD than X without.
Y is the best all around car for sure
We just ordered the X yesterday. Getting ultra red. This will be for our property management business so we will get the 7500 and section 179 depreciation. Trading in our Model 3.
Yea section 179 is NUTS
Remember you’ll have to deduct the $7500 from the sale Price when you depreciate… and don’t believe the people who say you can use the commercial ev credit-you cannot. So stick with the >$80k model.
You’ll also have recapture taxes to pay if you sell the vehicle later
Regarding recapture tax, does it still apply no matter how many years later you sell the car?
@@captaingish yes. There is always some form of recapture tax when you sell. Even if you have depreciated to $0.
It gets complicated depending on what type of business you had, are you selling or changing to personal use or trading in?
Each scenario has different rules, so you need to speak with an accountant.
My wife has always wanted one of these, when the price dropped she got really excited until we discovered that the credit model is only a five seater. It makes no sense to get an X with only 5 seats. I don't know why Tesla even makes a 5 seat X. The 7 seater needs to be the base model.
yea, its kind of a bummer.
Just wait one more year and the price of the model X will settle down and also if you wait till the end of the quarter and get another discount on top of that. This sucks for anyone who bought a model X prior to the price changes last week
Yep
I own a model Y and go back and forth about upgrading to the model X almost daily I originally wanted the model X but didn't want to spend $100K it for $80K I think it's a great deal...
Nobody is mentioning that you can transfer FSD until the end of the month. Just pulled the trigger because of this + the federal rebate.
congrats!
I hope it works out for you. my deal may be off… Because Tesla will not transfer FSD from my model Y to the model X I want to buy. They avoided telling me for over a day, and I got a major run around. They seem to be insisting that you take DELIVERY before October… But Tesla determines the delivery date and now says they won’t deliver before then… Despite what the website said. This is a major conflict of interest, as Tesla has a $12K incentive to delay everybody’s order. LAME!
…. you need to take delivery before the end of the month… Better check your details!
Fortunately it was part of the purchase process in the app. I was surprised that app asked if I wanted to transfer on the same screen it asked if I was trading in. I picked no trade in and yes transfer from 2019 which was listed by VIN right there
I'm holding out for the upcoming drive by wire version before getting my next X.
Can’t wait to see that roll out to other vehicles
I think ill wait 2 weeks for another 30 k price drop
lol
Can you fold down the rear seats? I've used my Model Y for camping but it's a little tight. I'm considering a Model X and want to know if it would be more practical for sleeping in the back.
If I get one it'll be blue. I like the red, but I'm just not a red car person. My Y is blue.
if you get the 5 passenger or 7 passenger, you can fold everything flat. The 6 passenger does not allow you to fold down the second row unfortunately
i think you talked me out of buying a model X, lol. If it was 3k cheaper then i could get the creme interior and maybe it would be worth it
Lol. Good or bad, I’m glad it was helpful!
Dang BTG, the video was good and straight forward about the X, hoping that the Model X in Ultra Red that I ordered doesn’t give me too many issues. On our Model 3 Performance I have had to schedule multiple B Pillar trim appointments, and they exchanged the Rear taillights on a few occasions as well. Ordered the 5 seat version since I don’t need anything other than that, basically it was a choice to buy the X or go back to Petrol with a BMW X5. Need to come visit you and do the PPF with you on the Ultra Red. 😊
Ultra red is 🔥
Just drove a Model Y for the first time using Turo and it's not big enough for a family of 4. A Model X 5-seater seems to have decent trunk space for a family of 4.
hmm. We've had a fantastic experience as a family of 4 in our Y, actually there are 5 of us including a 3rd adult
Thank you so much for this video. Seems like the cons don't outweigh the positives if i wanted to buy any model of the X. I'm gonna pass here. Probably look at the Y since it's the best overall model. Weeks to months is ridiculous for service issues. No thank you. X is too limited. If I'm paying that much i want convenience. Thanks so much for a great video.
Super-good information, both factual and personal experiential! 100% quality content!
(Not mentioned however was that the $7500 is (reportedly?) not guaranteed after the end of this year (just when the point of sale tax credit would be coming into play 😮💨)...)
The only cars that are at risk at losing some of the credit are the LFP cars, the model 3 RWD and LR. Model X will still be qualified
So why does site say, “Model X Dual Motor vehicles qualify for a federal tax credit for eligible buyers. Reductions likely after Dec 31” on the X page?
@@jamesbuchanan3439 unfortunately its not consistent across the site. On the landing page this is what it says: Customers who take delivery of a qualified new Tesla and meet all federal requirements are eligible for a tax credit up to $7,500. Reductions to current federal tax credit likely after Dec 31.
On the Model Y page this is what it says: All new Model 3 and Model Y purchases qualify for a $7,500 federal tax credit for eligible buyers. Additional state incentives may be available.
Previously, when there was first mention of the "reduction likely" it said plainly it was the Model 3. Now it doesn't seem to be specific to any one model, at least consistently.
The batteries for the Model X are made in Nevada, as are the Model Y batteries (except 4680 which are made in Texas and California). LFP are shipped over from China.
@@BeardedTeslaGuy Last I heard, the batteries for X and S are made in Japan
I have a 2 month old Model X. Luckily, got price locked in from before price increase earlier this y, quarter end discount, and 3.99% financing so this price drop didnt have an impact on me. I do agree this is such a complicated car and the quality for the price is not there. $80K car at current price, after taxes and registration is pushing towards $90-$100K range. Tax credit comes next year if you qualify so you’re still financing as if there’s no tax credit.
I do think the Model Y is the best Tesla and build quality is way, way better than a Model X.
Mine already went to service like 4 times and the Model X still has half shalf issues.
Lol, it’s got a lot going on with it, perhaps too much?
i always wanted a model x. i thought it was way too expensive at 80k MSRP a few years back and bought a Lexus RX 450 instead in 2018. After inflation, covid and all that i thought i'd never have enough money for the model x. When the price went back down to 79990 2 weeks ago i immediately bought a Model X (white) that qualified for the incentive. finally i have my dream car. LOL i hope it doesnt turn out to be a nightamre though
hell yea, congrats!
I have a 2023 MY (4680) that I took delivery of in March 2023. For some reason my tesl started draining 10% battery every 24 hours starting 1 month ago. According to the consumption app it’s all going to ‘stand by’ under parked. I haven’t been able to get an appointment with Tesla Service because they keep canceling and saying it’s normal or within spec. What can I do?
something is running, probably your sentry mode.
Sentry, overheat, and precondition are all off. I factory reset the car and went through all the settings and everything is off. I’ve tried turning the AC off before leaving the car and turning off my bt on my phone through the night. They mentioned it was probably because the battery is keeping itself cool since it had been hot in my area. But The car is in the garage and it’s been in the 70s the past few days and I’m still loosing the same amount of energy. Any ideas? Either on how to fix it or how to force Tesla service to see the car?
Great video I've been on the fence about the upgrade got a Model Y a few years back close to that price it might be worth the upgrade at this point. But didn't think about the insurance piece. Great coverage
cheers
I had to send mine in for repair and calibration of the doors 3 times this past year
Yea, I can see this becoming a reoccurring thing honestly...
I’m hoping for more qualified professionals who can calibrate the FW doors in the future, seems like it will get worse as the car ages and it’s already a nuisance getting the car in
Extremely helpful! thanks so much for the detailed graphics and explanations. Great resource.
welcome!
spacious,safe and I dont have to detour to the gas station or make accommodations when I go for oil changes!
@BTG - what do you think of a used Model X right now? I'm thinking the first owner would absorb fixing all the "bugs" and with the depreciation you're talking about, is that a good option?
(I am not eligible for the tax credit because of income so it's that's not a factor)
Used is fine, just keep an eye on values as they are sure to drop
Love the video. We pulled the trigger after the price drop and can’t wait for our Ultra Red Plaid-insane deal on a super car!!!
Insane deal for this kind of performance
I might buy, except I can't stand the black interior, and the white or cream would put me over the subsidy threshold.
You could change the seats after the fact, but that won’t be exactly cheap
@@BeardedTeslaGuy The $2,000 for the cream interior makes me lose the $7,500 Fed rebate. So that option costs me $9,500. Yikes!
@@BeardedTeslaGuy It's such a great car, and the cream interior makes it look really good. But doing an interior redo after I bought it is not something I would want to do. Think I'll just stay with my Model Y for now and see what happens.
Cheapest X in my area is $84,490, but site still says it qualifies for the $7,500 rebate. Weird.
yea, that wont qualify lol
For sure walking away from Tesla products and waiting on Toyota's version of Tesla as announced.
THE BEST TESLA REVIEW on CZcams!
Glad you enjoyed. I hope Toyota can deliver because they are talking HUGE game for a company that doesn’t have a single solid EV on the market…
We bought the ultra blue 2023 model X. We previously owned the 2018 model X. The new one is better made and the range is amazing. The big DOWNSIDE is the steering wheel (we have a round one, not a yoke). Tesla decided to kill the stalks for turn signaling and windshield wipers. They also killed the horn where it has existed for 100 years in all cars. It’s now all buttons. Try finding those buttons in a split second when you need to warn a pedestrian or another car. Also, when you turn the wheel 180 degrees on a sharp turn, such as an exit or entrance ramp to a highway, it’s impossible to find the correct L\R turn signal. This is dangerous. I have written to Tesla. I want my horn back where it should be (in the center of the wheel) and I want one stalk back for the turn signals. Will Tesla listen? Only if enough people request it.
I can get over the wipers and the lights, etc. but the turn signals and ESPECIALLY the horn are a big issue to me. Interesting to see the horn on the refresh Model 3 has the horn back in the right spot
It is a bad design that needs to be corrected before accidents happen, the press picks up the story, and the regulators swoop in. How do we alert Tesla to this real world driving experience? @@BeardedTeslaGuy
We own both the S and X. Those will be the last Teslas we own 😊. Not that we are selling today, but the price instability is a direct f you to customers.
it is tough to swallow as an existing owner when its swings this large and this sudden.
Can you do a model x accessories video. Thanks
lol yes, there are only like 5 accessories for the Model X, and I think I have all 5 of them...
I ordered the Tesla Model X, $79,990. Color: Ultra Red, 5 seater. Hoping to take deliver after Jan. 1st 2024 so that I can get $7,500 deducted from the price.
Always appreciate the honest and thoughtful insight ... You're 🔥🔥as always..... Have a question about the perforated seats and applying a ceramic coat - Is it safe to apply like in your Model Y ?? Did you apply it in your X? Will it interfere with the air filtration ? Thank you SO much!
Yes and yes