Why do people say Foundation CT is 20K more?

[M0unt41nm4n]

The FS is not eligible for the federal tax credit.

it sure is if you have your business buy it. Lots of discussion on that in this forum. I’m taking that as well as the Colorado $5k credit for a whopping 12.5K credit. This truck, after credits, cost me about $93k with sales tax included.

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[Tony2times]

The full package is 20K more but isn’t it just the car plus all the accessories you get for it which is worth 20K? In other words, it’s the same price as it would be if you waited for non foundation, then buy all the accessories on top, right? Or is there something I’m missing?

I have a good feeling the +$20k is goi g to end up being a very good deal in the long run. I have had the FS CT (AWD) for about 4 months now and I have zero regrets.

 

[TyPope]

We don't have a lot of info about what options will cost what when the non FS truck launches. Certain things like FSD ($8,000), Powershare ($2,500), HPWC ($580) and the various bed and storage knickknacks make up part of that $20K premium, but we don't know how much will be added for tire and interior options. We also don't know if any other features will be locked behind options, they could easily put a price tag on 4-wheel steering, heated seats, ambient lighting or any of the other features. Until you can actually order a non FS edition, nobody really knows how much of a markup people have paid to get their truck early. I don't think it's as big of an early adopter tax as people think it is, especially if you want the options included in the FS package.

OOOO... you priced out FSD but not the VENTILATED seats... If those are a paid option, it could be worth several thousand! Well, to me, it is. I love my little Maverick and it's heated seats but those aren't helping a bit these days and sweaty back sucks. Always has.

 

[The Tumbler]

it sure is if you have your business buy it. Lots of discussion on that in this forum. I’m taking that as well as the Colorado $5k credit for a whopping 12.5K credit. This truck, after credits, cost me about $93k with sales tax included.

Plus you get the business large vehicle 179 deduction… All in I penciled in the government paying $30-40k for my truck ?

 

[eswimm]

OOOO... you priced out FSD but not the VENTILATED seats... If those are a paid option, it could be worth several thousand! Well, to me, it is. I love my little Maverick and it's heated seats but those aren't helping a bit these days and sweaty back sucks. Always has.

Yeah, there are a few other things that could be optioned when it comes to the base model. Premium audio, HEPA filter, cold weather package. I don't harbor any illusions that I paid a premium to get an early delivery, but I also don't believe Tesla is going to start rolling out sub $80k AWDs that qualify for the tax credit that come with the same features as the FS AWD.

 

[TeslaKen]

May I look at it a different way please? The extra $20k for FS was building the Foundation of the Tesla stock price come back. Although I paid $20K extra for my truck, I more than made that back many times over with the run up in the Tesla stock price since truck sale numbers were leaked. So I call it a foundational "investment"

 

[HaulingAss]

Certain things like FSD ($8,000), Powershare ($2,500), HPWC ($580) and the various bed and storage knickknacks make up part of that $20K premium, but we don't know how much will be added for tire and interior options. We also don't know if any other features will be locked behind options, they could easily put a price tag on 4-wheel steering, heated seats, ambient lighting or any of the other features.

Based on previous new model launches, Tesla has a habit of including some of the "premium" features in the regular models after they are done selling the launch edition.

For example, when the Model 3 was launched there was an early upcharge for a bunch of premium features like the panoramic glass roof, premium seats, Premium Audio, center console, etc. But then when it came to high volume sales at lower prices, those things were still part of the deal (except in limited cases for their cheapest version).

Tesla has a serious aversion to creating multiple levels of trim and upcharges like legacy automakers have practiced for decades to boost profits, they want all the vehicles to be as similar as possible, at the same price,, as often as possible. This improves the efficiencies of delivery logistics too. Notable exceptions are FSD or not, usually two wheel/tire options, and a Standard Range and Long-Range battery (although it looks like Tesla, with the Cybertruck, is bundling the battery size to the number of drive motors). None of this is set in stone, Tesla can and will change their offerings as they see fit, but I think we can expect Tesla to keep it simple.

This means 4-wheel steering, ambient lighting and heated seats will probably not go away when they remove the Foundation premium. It's possible that when the Rear Wheel Drive Cybertuck is available, it will be de-contented in order to keep the price as low as possible. They could even remove the Rear Wheel Steering although that complicates FSD by requiring two software versions so I don't think they will do that. Tesla tries to bring the most value that is possible, at the lowest price. So if an option has wide appeal, and it doesn't cost them too much to include it, they will. They are more interested in selling a lot of them than in trying to figure out how to game the ordering process and get you to spend more in your new car euphoria.

 

[HaulingAss]

it sure is if you have your business buy it. Lots of discussion on that in this forum. I’m taking that as well as the Colorado $5k credit for a whopping 12.5K credit. This truck, after credits, cost me about $93k with sales tax included.

Let's not make this more complicated than it needs to be. FSD can never be eligible for the Federal Tax Credit, only the vehicle can be. FSD doesn't even play into it because the IRS treats FSD as a software option, meaning the cost of FSD can be backed out of your purchase price when determining if the vehicle is under the $80K limit for the credit.

Foundation series is over the $80K limit, so it doesn't qualify for the Tax credit even if you could back out the presumed cost of FSD.

 

[HaulingAss]

I have a good feeling the +$20k is goi g to end up being a very good deal in the long run. I have had the FS CT (AWD) for about 4 months now and I have zero regrets.

It's a great truck for the money regardless of what the prices do in the future.

 

[M0unt41nm4n]

Let's not make this more complicated than it needs to be. FSD can never be eligible for the Federal Tax Credit, only the vehicle can be. FSD doesn't even play into it because the IRS treats FSD as a software option, meaning the cost of FSD can be backed out of your purchase price when determining if the vehicle is under the $80K limit for the credit.

Foundation series is over the $80K limit, so it doesn't qualify for the Tax credit even if you could back out the presumed cost of FSD.

What are you talking about? If a business buys it there is no 80k limit. So it certainly qualifies for the full credit. You are incorrect on that. I answered the guy saying FS (Foundation Series) is capped at 80k and it only is if you buy it personally. That does NOT apply when a business buys it. I didn’t mention FSD.

Have a look for yourself:

https://www.irs.gov/credits-deductions/commercial-clean-vehicle-credit

 

[HaulingAss]

What are you talking about? If a business buys it there is no 80k limit. So it certainly qualifies for the full credit. You are incorrect on that. I answered the guy saying FS (Foundation Series) is capped at 80k and it only is if you buy it personally. That does NOT apply when a business buys it. I didn’t mention FSD.

Have a look for yourself:

https://www.irs.gov/credits-deductions/commercial-clean-vehicle-credit

My mistake. The person you replied to was talking about FS, not FSD. I misread that.

 

[TyPope]

Yeah, there are a few other things that could be optioned when it comes to the base model. Premium audio, HEPA filter, cold weather package. I don't harbor any illusions that I paid a premium to get an early delivery, but I also don't believe Tesla is going to start rolling out sub $80k AWDs that qualify for the tax credit that come with the same features as the FS AWD.

I agree. I was also making a joke about the ventilated seats being the only thing required to make the FS worth the $20k premium.

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