Deleted my FSD option last night

Heleuma

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If FSD is say $150 monthly it would take me +5 yrs (yes, I'm a math genius) to spend the $10,000 if I instead bought the FSD option outright. One, I hardly ever keep a vehicle over 5 years. Two, a 2027 Tesla will probably be so amazing it will be hard not to want to upgrade. And thirdly, it's my understanding FSD is not transferable to someone who buys your Tesla 2nd hand. Is that correct? So unless you're a buy and hold owner type, is there any value to buying the FSD package at this price? Can someone point out what I'm missing?





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Alan

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If FSD is say $150 monthly it would take me +5 yrs (yes, I'm a math genius) to spend the $10,000 if I instead bought the FSD option outright. One, I hardly ever keep a vehicle over 5 years. Two, a 2027 Tesla will probably be so amazing it will be hard not to want to upgrade. And thirdly, it's my understanding FSD is not transferable to someone who buys your Tesla 2nd hand. Is that correct? So unless you're a buy and hold owner type, is there any value to buying the FSD package at this price? Can someone point out what I'm missing?
Fsd goes with the car to the new owner.
 

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Just because you reserved FSD doesn't mean you have to add it when you configure your order when it comes that time. At least that's my understanding.

I added FSD when it was $7K. I still don't know if I want it, but least the option is there.
 

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Just because you reserved FSD doesn't mean you have to add it when you configure your order when it comes that time. At least that's my understanding.

I added FSD when it was $7K. I still don't know if I want it, but least the option is there.
Yep and if you delete and add it back it’s now the going price. No reason to delete it now.
 
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Heleuma

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Ya, I added it when it was $7000 as well. Now my reservation listed it as $10,000. Good to know it's transferable though.
 

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No reason to cancel prematurely. There is still a year at least before you get to the front of the line if you ordered at $10k. In maybe a month it will likely be going up to $14k. You are right to have doubts if you only keep it 5 years though. I plan to keep mine for 20 and I still haven't decided if I want to pay for the $7k I pre ordered.
 

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I'm on the fence with FSD, and may opt to go with the monthly fee (as-yet undisclosed).

While a FSD purchase will convey with the car in a 3rd-party sale, most resellers value the FSD very low, if at all, so it appears to add little resale value. And in direct trade-ins to Tesla, it's exactly $0 of value to them, because they can flick it on and off with a switch.

There was a incident awhile back where Tesla sold a used car without including the FSD, but didn't deactivate the existing license until after the customer took delivery. It was a misunderstanding, not a revocation.
 

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I plan to keep the Cybertruck forever. even if I buy future models, it will be nice to have the original.

As for subscription vs buying FSD, I think the keeping the option for 7000-10000 right now would be the best option for a few good reasons.

1. We have no idea what the subscription prices will be and if there is subscription for FSD features, I would assume there are different levels at different prices.

2. Keeping the option lets you keep the price that it will be until you get more information

3. Probably the most important reason, it's an investest. Depreciation on truck won't affect the price of FSD. FSD is an appreciating asset. Tesla sourecode hints at a possible 14000 price tag, which will surely go up even more when level 3 is an option, and then much bigger increases for level 4 and level 5. Elon has said in the past that the FSD feature could cost as much as a car itself. So if in 5 years the Cybertruck is worth around 20000-40000 depending on the model (random estimate), FSD could greatly increase the resale value. I believe in level 3 and level 4 in the next 5 years for sure so I will definitely make that investment.
 

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I'm on the fence with FSD, and may opt to go with the monthly fee (as-yet undisclosed).

While a FSD purchase will convey with the car in a 3rd-party sale, most resellers value the FSD very low, if at all, so it appears to add little resale value. And in direct trade-ins to Tesla, it's exactly $0 of value to them, because they can flick it on and off with a switch.

There was a incident awhile back where Tesla sold a used car without including the FSD, but didn't deactivate the existing license until after the customer took delivery. It was a misunderstanding, not a revocation.
I think the FSD is currently valued lower because of it's limitations. Right now the biggest difference between standard autopilot and FSD are beta features and features that are basically 'use under supervision'. Level 3 is the big jump where I think it will be a more sought after feature and will turn into an increase in resale value.

Another reason why you might not get much resale value for these options are because of where you sell it. Selling it back to Tesla or to a car lot is definitely faster and easier but they'll do anything to make more money. Private sales definitely take more time but i'm sure someone would pay at least close to FSD price for the option since they would just pay it to Tesla anyway for the option.
 
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Heleuma

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I plan to keep the Cybertruck forever. even if I buy future models, it will be nice to have the original.

As for subscription vs buying FSD, I think the keeping the option for 7000-10000 right now would be the best option for a few good reasons.

1. We have no idea what the subscription prices will be and if there is subscription for FSD features, I would assume there are different levels at different prices.

2. Keeping the option lets you keep the price that it will be until you get more information

3. Probably the most important reason, it's an investest. Depreciation on truck won't affect the price of FSD. FSD is an appreciating asset. Tesla sourecode hints at a possible 14000 price tag, which will surely go up even more when level 3 is an option, and then much bigger increases for level 4 and level 5. Elon has said in the past that the FSD feature could cost as much as a car itself. So if in 5 years the Cybertruck is worth around 20000-40000 depending on the model (random estimate), FSD could greatly increase the resale value. I believe in level 3 and level 4 in the next 5 years for sure so I will definitely make that investment.
That's good feedback. I really wonder which way Tesla will go with this. It seems like a subscription model would be pretty lucrative for them and if you look the second hand vehicles on their website, they say FSD compatible, not FSD included. I also consider the opportunity cost of laying down $10k as opposed to leaving it invested.

Tesla is the only vehicle I would consider leasing for personal use because the constant and dramatic upgrades. One of the guys mentioned he would keep it forever and would like one of the originals. I totally get that, but this will be my daily driver in the mountains. It' gonna work and earn it's keep.
 
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Heleuma

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No reason to cancel prematurely. There is still a year at least before you get to the front of the line if you ordered at $10k. In maybe a month it will likely be going up to $14k. You are right to have doubts if you only keep it 5 years though. I plan to keep mine for 20 and I still haven't decided if I want to pay for the $7k I pre ordered.
I could see that it would make sense if you're keeping it that long. Interestingly, I ordered mine the same night of the reveal but when I checked my reservation the day I posted this, the cost of my FSD had increased to 10k. I'm not sure if they were going to honor the original price and were just showing current cost or not.
 

anionic1

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Ya, I added it when it was $7000 as well. Now my reservation listed it as $10,000. Good to know it's transferable though.
I confirmed this with a sales rep that if you can show (which they will have record of in their system) that you reserved FSD and didn't make any other changes to your order they will honor the reserved price even if it shows at $10k now on your reservation. Mine switched to $10k when opened it to edit but didn't actually make any changes so I freaked out and called tesla and they confirmed they will honor the $7k. Now if you delete FSD and then add it back that may be a different story because technically you made an edit. I know this may be odd, but with the crazy material escalation I really think these advertised numbers are going to increase. If they build the same truck they planned to build last year they are definitely going to have at least a 30% increase in material cost. Copper and steel are up 30%, glass is up, chips cost more I am sure. I would hope that they would honor their advertised price (without making a lesser truck) for at least a year or at least let reservation holders that will commit to buy keep their numbers. That being said it would seem prudent to order 2 or 3 with different options so that they can't increase your price if you make a change.
 

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I think the FSD is currently valued lower because of it's limitations. Right now the biggest difference between standard autopilot and FSD are beta features and features that are basically 'use under supervision'. Level 3 is the big jump where I think it will be a more sought after feature and will turn into an increase in resale value.

Another reason why you might not get much resale value for these options are because of where you sell it. Selling it back to Tesla or to a car lot is definitely faster and easier but they'll do anything to make more money. Private sales definitely take more time but i'm sure someone would pay at least close to FSD price for the option since they would just pay it to Tesla anyway for the option.
I think the older you are the more valuable FSD will be to you, there will be a point where you can let the CT do all the driving for you, otherwise without it you will hit the point where you will be deemed to be unfit to drive.
 

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That's good feedback. I really wonder which way Tesla will go with this. It seems like a subscription model would be pretty lucrative for them and if you look the second hand vehicles on their website, they say FSD compatible, not FSD included. I also consider the opportunity cost of laying down $10k as opposed to leaving it invested.

Tesla is the only vehicle I would consider leasing for personal use because the constant and dramatic upgrades. One of the guys mentioned he would keep it forever and would like one of the originals. I totally get that, but this will be my daily driver in the mountains. It' gonna work and earn it's keep.
I completely get what you are saying with opportunity cost, I'm pretty strict with my finances and where they go. The biggest thing with the FSD option for me is locking in a price with no commitment to actually purchase and see what happens in the future.

It's possible that FSD subscription would be cheap enough to balance the cost over a long period vs an upfront cost. But if Tesla actually reaches their goals and gets their FSD system to level 4 or 5, that's worth way more than 7000 to have in my truck.

I'm sure everyone knows how great it would be to have a level 5 vehicle that you can have to drive you home from a bar or just save on parking if you are going to an event and the truck can just drive to a lot with free parking or back home if it's close.
That could still be quite a few years away depending on when Tesla is legal and when the government decides it's legal. But just some of the features that will come before that is enough for me to put down 7000 without a second thought.

self parking and smart summon will be extremely cool to have when all the kinks are worked out. Especially on those days where the rain starts to downpour out of no where and i don't have my umbrella.
level 3 which i really don't think is far away for at least the highways since so many companies have been talking about how they are waiting for approval for these features. Being able to go on a long drive with my wife or friends and not watch the road constantly would be nice.

Now I'm a bit different than you, I don't plan to ever get rid of the Cybertruck. I'm pretty sentimental; I have my first truck and my first car still, both with incredibly high miles on them. When I get the Cybertruck, my truck will finally be retired and i'll probably fix it up one last time until it looks like new and then i'll just take it out for the nostalgia once in a while. My wife will probably want my car. I'll use the Cybertruck for everything, probably for 20+ years, and even if I decide to someday upgrade in the future with some futuristic Tesla that doesn't have a steering wheel and it's just some sort of self driving lounge on wheels. I'll always want a vehicle that I can drive myself once in a while.

...A hover vehicle would be the only thing I would want even more than the Cybertruck, but even if Tesla can make the Model S Plaid+ hover like they want to do, I doubt it'll be able to enough to drive it around for a very long time.
 

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