OFFICIAL: Tesla Singapore Discussion

[Vid]

6 minutes ago, inlinesix said:

300+k likely to be Model X.

In HK, model X starts from HKD664k or SGD 114k. 

HK$1.1m after tax

[inlinesix]

6 minutes ago, Jev said:

hong seh were selling m3p for 345k, model 3 standard 270k...with omv 60k, this is before the rebates though

Less than 200k excl COE from Tesla.

[Beregond]

2 hours ago, bmwvarun said:

Tesla has launched its own sales portal, beginning to take orders already. No AD atttached?

 

https://www.tesla.com/en_SG/model3/design?redirect=no#battery

that 94k is the selling price to us including tax???😊

[inlinesix]

Just now, Beregond said:

that 94k is the selling price to us including tax???😊

USD 94k excl COE.

[haituni]

Tesla S'pore sales portal goes 'live'; Model 3 Standard Range to cost $113,000 before COE

The site stated that the Model 3 Standard Range will go for around $113,000 before COE.PHOTO: TESLA

Christopher Tan

Senior Transport Correspondent

UPDATED

1 HOUR AGO

FACEBOOKTWITTER

SINGAPORE - Tesla's Singapore sales portal has gone "live", a day after The Straits Times listed estimated prices of its cars.

The site stated that the Tesla Model 3 Performance, a high-powered version of the Model 3, which hits 100kmh in 3.3 seconds, will retail at an estimated price of just under $155,000 before the Certificate of Entitlement (COE).

The less powerful Model 3 Standard Range, which reaches 100kmh in 5.6 seconds, will go for around $113,000 before COE.

The prices – substantially lower than what parallel importers have been charging – are close to what ST posted in its report on Monday (Feb 8).

Observers said Tesla’s pricing is likely to propel sales, given that at current COE rates, the Model 3 Standard Range is likely to be cheaper than a Toyota Camry but with more bang for your buck. 

Existing Tesla owner Adrian Peh said the competitive pricing “will help Singapore move faster towards a full electric vehicle (EV) environment”.

“Mercedes, BMW, Audi and even possibly the higher-end Japanese cars will be hit really hard,” the 48-year-old chief executive of a financial advisory firm added.

Corporate communications manager Tony Tan, 54, calculated that a fully-equipped Model 3 Performance would cost him less than $160,000 before COE. “It is essentially a super sports car at half the price,” he noted.

Even taxi companies are considering Teslas. Out of the main four cab operators contacted, Trans-Cab and Premier said they would consider adding the American car to their fleet.

Commenting on Tesla’s posted prices, Singapore University of Social Sciences transport economist Walter Theseira said: “The Singapore car market has some of the highest dealer gross margins in the world. 

“The Land Transport Authority figures show that the difference between the published retail price and the vehicle cost, inclusive of all taxes and OMV (Open Market Value), is routinely in the tens of thousands of dollars for many higher-end brands. 

“Tesla’s pricing appears to be extremely competitive and a vehicle with similar OMV from an established authorised luxury dealer would probably be priced several tens of thousands more. 

“Whether this will lead to authorised dealers reducing margins, or whether Tesla will realise that it has no need to price so aggressively to gain a foothold, remains to be seen.”

The launch of the local sales portal follows years of speculation of when the California-based electric carmaker will return to Singapore after its hasty retreat 10 years ago.

It was preceded by chief executive Elon Musk taking jibes at Singapore on Twitter for not being supportive of EVs and being "unwelcoming" to Tesla in particular.

Tesla's return marks one year since the Singapore government announced during its 2020 Budget that it would introduce sweeter incentives to encourage greener vehicles, as well as a plan to expand the EV charging network exponentially.

Meanwhile, Tesla has hired Mr Vincent Wiguna – once a power specialist at European engineering group ABB – as its charging infrastructure manager. The company plans to roll out its own charging network here. 

[Ceecookie]

22 minutes ago, andersseanx said:

Tesla road tax is crazy

If clock at least 2k mileage a month, the annual savings from not buying petrol will offset the high road tax to a large extent.

[CremornePt]

36 minutes ago, Jev said:

Quite good pricing. Straits times has article on it and how it's v competitive given the huge dealer margins in SG

How bad would you feel if you were one of the 20 people that bought teslas in 2020 from PI at 300k+

Pretty bad! 😀

Good riddance to car dealers - who needs them in this day & age.  

[Ct3833]

If any of the Manufacturers like mercedes, or BM  starts to do likewise, prices of the premium brands will drop substantially. 

[inlinesix]

7 minutes ago, Ceecookie said:

If clock at least 2k mileage a month, the annual savings from not buying petrol will offset the high road tax to a large extent.

At 283hp, Model 3 power is comparable to 2L Turbo hp.

Accordingly, need to clock 18k km/annum to breakeven the additional road tax cost.

[inlinesix]

@kobayashiGT want to merge 2 thread?

[andersseanx]

40 minutes ago, Jev said:

hong seh were selling m3p for 345k, model 3 standard 270k...with omv 60k, this is before the rebates though

good riddance. no wonder showroom open so nice and grand. The profits...

[theory_87]

Most people is concern about break even mileage. However we fail to account for the battery wear due to higher mileage. 

[inlinesix]

1 minute ago, theory_87 said:

Most people is concern about break even mileage. However we fail to account for the battery wear due to higher mileage. 

Based on real world situation, 100k MILES is the point for battery deterioration.

[Nastrox]

Honestly, battery deterioration shouldnt be our concern as our COE only 10years. I wonder how long will Tesla give warranty to the battery? MG EV car give 8 years warranty for battery so if Tesla is doing the same then no worries except the last 2 years. Hire purchase with 100% loan (if its in-house?).

[Vid]

3 minutes ago, Nastrox said:

Honestly, battery deterioration shouldnt be our concern as our COE only 10years. I wonder how long will Tesla give warranty to the battery? MG EV car give 8 years warranty for battery so if Tesla is doing the same then no worries except the last 2 years. Hire purchase with 100% loan (if its in-house?).

8 yrs or 192,000km

[boonhat_91]

15 minutes ago, theory_87 said:

Most people is concern about break even mileage. However we fail to account for the battery wear due to higher mileage. 

Agree the mentality is slightly warped, but to each his own.

"breakeven" implies there is a money inflow, but neither gahmen nor respective carmakers are paying or rewarding me for owning/driving their EVs. The cost of energy (petrol vs electric) is lower for EV no doubt, but it is still a cost (outflow) regardless. Increasing one's mileage to meet this 'breakeven' point directly increases this cost.

[andersseanx]

1 minute ago, boonhat_91 said:

Agree the mentality is slightly warped, but to each his own.

"breakeven" implies there is a money inflow, but neither gahmen nor respective carmakers are paying or rewarding me for owning/driving their EVs. The cost of energy (petrol vs electric) is lower for EV no doubt, but it is still a cost (outflow) regardless. Increasing one's mileage to meet this 'breakeven' point directly increases this cost.

if need to break even, I think a car might not be suitable.

[Thaiyotakamli]

12 minutes ago, Vid said:

8 yrs or 192,000km

Just nice 9th year scrap