General EV Conversation
Lexus Fanatic
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I think this is outdated thinking. $80,000 is not a lot of money for a car anymore, it’s just not. Really $100,000 is the old $60,000. The pricing of this vehicle makes perfect sense given its market and what it competes with.
The pricing makes sense for the segment but the segment isn't as attractive as it once was. There's a reason why the Y is Tesla's best seller and not the X
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You may be right about how much money is worth/can buy these days. But your claim is not accurate IMO. I still have my BMW's price sheet (lol) from four years or so ago, it says $66,945. I went to build an almost identical one and it says 69,050. An average GLE350 cost about $66k a few years ago now costs about 69k. And if you look at something like... MY... well you already know. IMO, 80,000 is still a lot of money for a car. May not be for you but for many to spend on a car. Like you I deal with people daily but at a higher volume. Some don't mind paying but most don't spend like they used to just few years ago.
Last edited by 1111GS; Nov 9, 2024 at 07:18 AM.
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Thats like saying because they sell more X3s there is a diminished market for the X7. Of course they sell more X3s they are much cheaper, same for the Model Y.
This is not a Model Y competitor, its a Model X, EQS SUV, in the ICE world X7/GLS competitor.
You may be right about how much money is worth/can buy these days. But your claim is not accurate IMO. I still have my BMW's price sheet (lol) from four years or so ago, it says $66,945. I went to build an almost identical one and it says 69,050. An average GLE350 cost about $66k a few years ago now costs about 69k. And if you look at something like... MY... well you already know. IMO, 80,000 is still a lot of money for a car. May not be for you but for many to spend on a car. Like you I deal with people daily but at a higher volume. Some don't mind paying but most don't spend like they used to just few years ago.
Last edited by SW17LS; Nov 9, 2024 at 07:40 AM.
The two segments don't reflect on each other necessarily. Lots of buyers like me that buy cars comfortably in the $80-130k range that would never consider a Model Y. Its a fallacy that growth of sales of cars like the Model Y means cars like the Model X aren't as attractive as they once were. There is more competition in the Model X's segment now for sure.
Thats like saying because they sell more X3s there is a diminished market for the X7. Of course they sell more X3s they are much cheaper, same for the Model Y.
This is not a Model Y competitor, its a Model X, EQS SUV, in the ICE world X7/GLS competitor.
Thats like saying because they sell more X3s there is a diminished market for the X7. Of course they sell more X3s they are much cheaper, same for the Model Y.
This is not a Model Y competitor, its a Model X, EQS SUV, in the ICE world X7/GLS competitor.
Lexus Fanatic
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From: Maryland
My point wasn't about cross-shopping the Y and X, it's about staying afloat and making a profit. Assuming they can make it at a reasonable cost, they aren't going to be anywhere near profitable until they have a vehicle that can sell more than the 9k vehicles that they're expecting with the Air this year.
As long as the Saudi's don't lose interest. Tesla was selling at least 10K Model S's each quarter for the 3 years before the 3 was announced and they were still losing boatloads of cash.
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Lexus Fanatic
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leasing though is now hugely popular throughout the range of prices as many people simply can't afford new car purchase payments.
I'm not talking about a few years ago, look back 15 years. This is something that happens to us as we get older, out way of looking at things is influenced by our experience being 10+ years out of date. Of course $80,000 is a lot of money, but this is a luxury car that competes with other products that are all in the same price range or higher today. This is a nicer car than a Model Y. Go try and buy a GLS450 for instance, its $95k on the cheap side. EQS SUV starts at $104,000. This is right where you would expect it to be.
the tesla s and x have performance and falcon door party tricks but they were/are not high end luxury vehicles.
tesla/musk was always obsessed with low cost. i think lucid is obsessed with engineering, figuring they'll get there with cost at some point.
the model 3, tesla's first volume car, came out nearly 8 years ago. lucid's unlikely to have a volume model for another 7 or 8 years at the rate they're going.
rivian's is closer it seems, but still a LONG way off from profitability.
Last edited by bitkahuna; Nov 12, 2024 at 04:55 AM.
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Lexus Fanatic
Joined: May 2012
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From: Maryland
have you every BOUGHT a car for 80k+? you lease, so it's not the same. i realize you could buy, but don't for business/tax reasons. many people lease though because they could not come up with the cash (or cope with payments) to buy an 80k+ car.
I see lots of high end EVs running around from various brands, I don't agree...and the EV market is growing. I even see 2-3 Lucid Airs a week now.
Lexus Fanatic
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My point wasn't about cross-shopping the Y and X, it's about staying afloat and making a profit. Assuming they can make it at a reasonable cost, they aren't going to be anywhere near profitable until they have a vehicle that can sell more than the 9k vehicles that they're expecting with the Air this year.
Gravity looks like a minivan, is it really going to be a big seller?
I see Rivian as company that has a lot clearer path ahead.