Just bought a 25 MYAWD and I agree. Lack of service centers in my area was rough, although one is under construction 30 miles away which is nice. Live in Taxachusetts but ironically there is a decent incentive which dropped this final sale price of this to around 36 (not including sales tax and standard fees). My motivation was fsd and it's impressive. Once unsupervised fsd is regulated i can see hardware 4 tesla's holding value a bit better. I agree though, for now any way, depreciation is a bear. All in all, I value the technology, warranty, and peace of mind of a new vehicle and would buy a gas car if it could self drive. Nice honest review.
Congrats on your sweet new ride! While this style of video was obviously to grill the platform a bit, it’s definitely a very good car that has an equal list of strengths. Thanks for watching and sharing your thoughts!
I am looking to get a MY as well and live in Taxachusetts, how has it been driving round town? Have you used FSD in downtown boston? congrats as well with the new Ev.
I'm living in western mass. Fsd in town is close to robotaxi status. They're not at ufsd yet though. I would trust it more than most human drivers though based on what I've seen. Key is the software essentially has to be better than all human drivers before it can be regulated. The car is awesome, depending on how much you buy it for, of course. If you're financing wait until end of quarter to see if they offer low apr deals.
I generally agree with most of these issues. It's just important to know that these are generalities and can be applied to gas cars as well (using common sense like applying battery issues to ICE issues). That said, it doesn't make sense to own a Tesla (or any electric) if you aren't able to charge at home most of the time. The insurance costs and supercharging costs are more than what you would be paying than if you purchased a hybrid. If you are able to home charge, then this should really be at the top of your shopping list. The conveniences I've gained from the past year of owning a Model Y have been so significant that, even with the price of electricity where I am, there's no way I'd go back to ICE. I'm in southern California, so electric vehicle infrastructure is widespread and support for the lifestyle is high.
Road noise, rattles and stiff suspension are other common complaints That said, the simplicity and overall driving experience outweigh some of the negatives. The depreciation over the past four year must take into account the weird card market during the pandemic, EV tax credits, and production costs dropping due to economies of scale. I think car values will follow a more traditional depreciation curve in the next four years 20-15-10 etc. These electric vehicles also suffer from tech depreciation too, as the differences with every new iteration are greater than a standard ice car. That said, if you don’t have the charging structure in place, you won’t have a great time owning one. One of the best features are free charging or charging when sleeping at home. Convenience and the amount of space makes owning one pretty sweet for me
Great summary! I would also speculate that depreciation will normalize with new vehicles sold. I highly recommend everyone interested at some point go out and drive one of these cars and you’ll see why so many people really like them despite several trade offs.
@ yes, I am not a “fanboy” lol but willing to try new products. I ended up considering a Tesla after having to drive my gf’s model 3..then when the price was right, it was too much of a value proposition for me to pass up. To me, it’s not a luxury car or status symbol like others perceive it, but I was able to get a deal similar to an accord or Camry and at that point my mind was made up. I’m glad we are able to bring up negatives in an open conversation instead of the closed mindedness absolutes I see all over the place
Just a question, if you intend to flip vehicles every three to four years then why not just lease it? You get it at a cheaper power month cost and you don't have to worry about depreciation.
Thanks for watching! This specific car is my brother’s, and he keeps cars longer than I do. I never ‘plan’ to get rid of cars every couple years, but I just do. It might make more sense to lease, but I like not worrying about mileage limits and I like having the title to the car incase I do decide to keep something long term. 🤷♂️🤪
Thanks for this. I do love the design of the Model Y, and your brother’s looks great in that color with those wheels and brake calipers. However, as you pointed out there are so many on the road now and they all kinda look the same…like Mazdas. Elon Musk doesn’t help either. I’d like to get into an EV but these have lost their appeal to me.
For sure, this was a fun video to make. What’s actually pretty funny is when we bought this one that was back when white was the free color, and this gray was a premium. But now gray is the free color and that’s all the model Y’s I see around here, lol. Thanks for watching!!
People must love burning money if they are willing to burn 30k in 4 years on depreciation. Why not buy a used Corolla for 15k and then sell it for 12k after 4 years? Rinse and repeat and invest the difference? Am I missing why someone wants to drive a tesla which is known to have a really bad suspension setup? They rode rougher than even a civic. Definitely not a luxury car
I'm feeling generous righ tnow so here is the best solution to the objection's in this video: Wait until 2027/( 2028 at the latest if you live in California where EV demand will likely skyrocket after newest gasoline taxes go into effect in 2026 from new legislation already in prorgress, pushing the average price of California gasoline to 5:25 a gallon for most of Southern, CA) By the year 2027 Tesla's and EV's in general will depcriate as quickly if not more quickly than they've been depreciating, pushing the 2024 redesgined Model 3 Long Range rear wheel drive trim, down to 25,000 USD with half of the 50,000 mile general warranty still left in tact. By this time also, insurance rates should be easing up across the country a little on Tesla's as they become less ''elitist'' than they already are and in general EV adoption is still on a upward progression, in spite of the current sentiment from the uninformed public that was strong enough that will strip the 7500.00 and 4,000 Federal EV credits current law, in other words strong forces are at play that will continue to lessen the cost of insurance on an EV, (but yes it's still a significant factor to consider when deciding pro's and con's, but it's no where as bad as it was in 2021) The other objection's in this 7 objections list, are really not that relevant as long as your buying a 2024 Tesla or later, as the reliability and quality are far superior to previous model years now, (including the almost non existent failure rate for main- electric motor battery objection) (It's routine for example to see even Tesla's built 5 years ago having 500,000 miles with the originol battery) (So, just wait and hold for two more years is the answer to this video's obections) even the 2022 Long Range Tesla model 3 's are going to be available for 15,000 in the used EV market by 2027: and the majority of them if they were not abused, will still have 300 miles of range left, and that for many at that price point is a no brainer when you consider your spending 10,000 in gasoline over the next 5 to 7 years, and that's not including the cost of the extra maintenace from ICE, relics, with there over a dozen more, major component break down risk of, transmissions, alternators, starters, fuel injection lines, carbureators, serpentine belts, fuel filters, oil filers, oil changes, much more brake maintenance, head gaskets, and on and on...
If someone who is intelligent and knows the cars depreciate faster than others….then don’t buy it. If you’re going to keep the car a very long term….then buy it.
The value drop you keep reminding people of is due to orders of teslas far exceeding its ability to produce them, this is reaching an equilibrium now.. if you were at all informed on the production ability of tesla at the time of purches you could have seen this coming.. some people didnt care and wanted their teslas right away, good for you but this was so obvious if you cared to look into it.
Thanks for sharing your thoughts! I would say theres a lot of variables and the local market to each of us will have some variation. But I just can’t believe you can buy a 2-3 year old, 1 owner Model S Plaid for 55k. 😬 The acceleration on those cars is unreal.
@AutomotiveAnonymous208 agree sounds like a bargain, but the inflated prices they were originally sold for were a consequence of the wider market conditions. As seen in all auto makers price hikes.
The biggest problem is Leon. The second biggest problem is Tesla is working hard to be come a company base in China and in service of the CCP. The more batteries from China they put in the more fires you get in the Tesla.
This might be the worst take, I've ever read. Congrats. Tesla has a factory in us, china and Germany.. why isn't it becoming a German company ? Most of the refined product going into batteries is made in China, so it makes sense to have a factory there.. saves cost. Elon is a loof, he has a strange sense of humour just because you don't get it doesn't make him bad. If you believe everything said about him in the media I have a bridge to sell you.
@@valdimareiriksson101 The Germans are getting scammed by the CCP subsidized EVs, and you want the German auto industry to go under. That makes you a CCP stooge, a wumaodang little pink for the CCP. The German tesla factory is just a trojan horse for more crap from China. Stupid is what stupid does.
@Morisus - What have I done? What I have done is irrelevant. I will say that I was not born with a silver spoon in my mouth and did not inherit a fortune like Elon did. It takes money to make money, so do not confuse creating anything with owning things. He did not create Tesla, he invested his money in it.
@@subiesojourner777 that’s nothing look at north Europe where gas is over $8.50 per gallon for regular. Thats why everyone drives EVs there. They improved the infrastructure a lot because of the gas price.
0:52 Depreciation
2:00 Look-alike
2:45 Battery replacement
4:02 Service
5:25 Energy economy
6:30 Tesla tax (Hidden costs)
8:02 Elitist owners
Just bought a 25 MYAWD and I agree. Lack of service centers in my area was rough, although one is under construction 30 miles away which is nice.
Live in Taxachusetts but ironically there is a decent incentive which dropped this final sale price of this to around 36 (not including sales tax and standard fees).
My motivation was fsd and it's impressive. Once unsupervised fsd is regulated i can see hardware 4 tesla's holding value a bit better. I agree though, for now any way, depreciation is a bear.
All in all, I value the technology, warranty, and peace of mind of a new vehicle and would buy a gas car if it could self drive.
Nice honest review.
Congrats on your sweet new ride! While this style of video was obviously to grill the platform a bit, it’s definitely a very good car that has an equal list of strengths. Thanks for watching and sharing your thoughts!
I am looking to get a MY as well and live in Taxachusetts, how has it been driving round town? Have you used FSD in downtown boston? congrats as well with the new Ev.
I'm living in western mass. Fsd in town is close to robotaxi status. They're not at ufsd yet though. I would trust it more than most human drivers though based on what I've seen. Key is the software essentially has to be better than all human drivers before it can be regulated.
The car is awesome, depending on how much you buy it for, of course. If you're financing wait until end of quarter to see if they offer low apr deals.
I generally agree with most of these issues. It's just important to know that these are generalities and can be applied to gas cars as well (using common sense like applying battery issues to ICE issues). That said, it doesn't make sense to own a Tesla (or any electric) if you aren't able to charge at home most of the time. The insurance costs and supercharging costs are more than what you would be paying than if you purchased a hybrid. If you are able to home charge, then this should really be at the top of your shopping list. The conveniences I've gained from the past year of owning a Model Y have been so significant that, even with the price of electricity where I am, there's no way I'd go back to ICE. I'm in southern California, so electric vehicle infrastructure is widespread and support for the lifestyle is high.
Thanks for sharing this!!
Road noise, rattles and stiff suspension are other common complaints
That said, the simplicity and overall driving experience outweigh some of the negatives.
The depreciation over the past four year must take into account the weird card market during the pandemic, EV tax credits, and production costs dropping due to economies of scale.
I think car values will follow a more traditional depreciation curve in the next four years 20-15-10 etc.
These electric vehicles also suffer from tech depreciation too, as the differences with every new iteration are greater than a standard ice car.
That said, if you don’t have the charging structure in place, you won’t have a great time owning one.
One of the best features are free charging or charging when sleeping at home. Convenience and the amount of space makes owning one pretty sweet for me
Great summary! I would also speculate that depreciation will normalize with new vehicles sold. I highly recommend everyone interested at some point go out and drive one of these cars and you’ll see why so many people really like them despite several trade offs.
@ yes, I am not a “fanboy” lol but willing to try new products.
I ended up considering a Tesla after having to drive my gf’s model 3..then when the price was right, it was too much of a value proposition for me to pass up.
To me, it’s not a luxury car or status symbol like others perceive it, but I was able to get a deal similar to an accord or Camry and at that point my mind was made up.
I’m glad we are able to bring up negatives in an open conversation instead of the closed mindedness absolutes I see all over the place
Just a question, if you intend to flip vehicles every three to four years then why not just lease it? You get it at a cheaper power month cost and you don't have to worry about depreciation.
Thanks for watching! This specific car is my brother’s, and he keeps cars longer than I do. I never ‘plan’ to get rid of cars every couple years, but I just do. It might make more sense to lease, but I like not worrying about mileage limits and I like having the title to the car incase I do decide to keep something long term. 🤷♂️🤪
what rims does he have on that one?
I think he said it’s the MW03. Thanks for watching!
Thanks for this. I do love the design of the Model Y, and your brother’s looks great in that color with those wheels and brake calipers. However, as you pointed out there are so many on the road now and they all kinda look the same…like Mazdas. Elon Musk doesn’t help either. I’d like to get into an EV but these have lost their appeal to me.
For sure, this was a fun video to make. What’s actually pretty funny is when we bought this one that was back when white was the free color, and this gray was a premium. But now gray is the free color and that’s all the model Y’s I see around here, lol. Thanks for watching!!
People must love burning money if they are willing to burn 30k in 4 years on depreciation. Why not buy a used Corolla for 15k and then sell it for 12k after 4 years? Rinse and repeat and invest the difference? Am I missing why someone wants to drive a tesla which is known to have a really bad suspension setup? They rode rougher than even a civic. Definitely not a luxury car
Confortable
Does not stink
Does not cost much maintenance
"Fuel" cost is 1/3
Nice looking
Enough space.
Battery lasts more than vehicle.
For sure! Buy a good safe car that you can pay in cash and that isn’t going to depreciate very much is definitely a wise decision.
I'm feeling generous righ tnow so here is the best solution to the objection's in this video:
Wait until 2027/( 2028 at the latest if you live in California where EV demand will likely skyrocket after newest gasoline taxes go into effect
in 2026 from new legislation already in prorgress, pushing the average price of California gasoline to 5:25 a gallon for most of Southern, CA)
By the year 2027 Tesla's and EV's in general will depcriate as quickly if not more quickly than they've been depreciating, pushing the
2024 redesgined Model 3 Long Range rear wheel drive trim, down to 25,000 USD with half of the 50,000 mile general warranty still left in tact.
By this time also, insurance rates should be easing up across the country a little on Tesla's as they become less ''elitist'' than they already are
and in general EV adoption is still on a upward progression, in spite of the current sentiment from the uninformed public that was strong enough
that will strip the 7500.00 and 4,000 Federal EV credits current law, in other words strong forces are at play that will continue to lessen the
cost of insurance on an EV, (but yes it's still a significant factor to consider when deciding pro's and con's, but it's no where as bad as it was in 2021)
The other objection's in this 7 objections list, are really not that relevant as long as your buying a 2024 Tesla or later, as the reliability and quality
are far superior to previous model years now, (including the almost non existent failure rate for main- electric motor battery objection) (It's routine for example to see even Tesla's built 5 years ago having 500,000 miles with the originol battery)
(So, just wait and hold for two more years is the answer to this video's obections) even the 2022 Long Range Tesla model 3 's are going to be available for 15,000 in the used EV market by 2027:
and the majority of them if they were not abused, will still have 300 miles of range left, and that for many at that price point is a no brainer
when you consider your spending 10,000 in gasoline over the next 5 to 7 years, and that's not including the cost of the extra maintenace from ICE, relics, with there over a dozen more, major component break down risk of, transmissions, alternators, starters, fuel injection lines, carbureators, serpentine belts, fuel filters, oil filers, oil changes, much more brake maintenance, head gaskets, and on and on...
I have a lot of customers that have them. I almost think its mandatory to live in San Clemente Ca. I have only had one that has spoken ill of the car.
I believe that! They’re great cars, but like every other car they’re not perfect.
If someone who is intelligent and knows the cars depreciate faster than others….then don’t buy it. If you’re going to keep the car a very long term….then buy it.
The value drop you keep reminding people of is due to orders of teslas far exceeding its ability to produce them, this is reaching an equilibrium now.. if you were at all informed on the production ability of tesla at the time of purches you could have seen this coming.. some people didnt care and wanted their teslas right away, good for you but this was so obvious if you cared to look into it.
Thanks for sharing your thoughts! I would say theres a lot of variables and the local market to each of us will have some variation. But I just can’t believe you can buy a 2-3 year old, 1 owner Model S Plaid for 55k. 😬 The acceleration on those cars is unreal.
@AutomotiveAnonymous208 agree sounds like a bargain, but the inflated prices they were originally sold for were a consequence of the wider market conditions. As seen in all auto makers price hikes.
"ruin"?
Oh man, I already bought a couple of them years begore the video. I guess I dont need to watch.
The biggest problem is Leon. The second biggest problem is Tesla is working hard to be come a company base in China and in service of the CCP. The more batteries from China they put in the more fires you get in the Tesla.
This might be the worst take, I've ever read. Congrats. Tesla has a factory in us, china and Germany.. why isn't it becoming a German company ? Most of the refined product going into batteries is made in China, so it makes sense to have a factory there.. saves cost. Elon is a loof, he has a strange sense of humour just because you don't get it doesn't make him bad. If you believe everything said about him in the media I have a bridge to sell you.
@@valdimareiriksson101 The Germans are getting scammed by the CCP subsidized EVs, and you want the German auto industry to go under. That makes you a CCP stooge, a wumaodang little pink for the CCP. The German tesla factory is just a trojan horse for more crap from China. Stupid is what stupid does.
Elon Musk. The answer is Elon Musk.
Elon Musk lives in your brain 24/7.
Haha due to his ability to sue people into oblivion I decided to leave his name off the list.
What have you done with your life?
@Morisus - What have I done? What I have done is irrelevant. I will say that I was not born with a silver spoon in my mouth and did not inherit a fortune like Elon did.
It takes money to make money, so do not confuse creating anything with owning things. He did not create Tesla, he invested his money in it.
@ easy to talk shit while contributing nothing.
In my remaining lifetime I will never buy an EV, Hybrid? Maybe, but no full EV.
Depends on the gas price
@@Big.W. Gas can go to $5 or $6 bucks a gallon and I still won't buy one. The power grid where I live sucks.
@@subiesojourner777 that’s nothing look at north Europe where gas is over $8.50 per gallon for regular. Thats why everyone drives EVs there. They improved the infrastructure a lot because of the gas price.