Submitted by poke133 t3_zyw374 in technology
BababooeyHTJ t1_j2981bt wrote
Reply to comment by Pdxlater in Tesla Model Y Was Europe's Best-Selling Car Overall In November by poke133
I completely understand that. I’m just surprised that such an expensive car is the top selling car in Europe. There’s something more to it. It’s 3 times the cost of a Prius here in the US. I can’t see the gas and possible service savings ever covering the difference not even including interest payments on the higher valued car.
Pdxlater t1_j29jgkj wrote
People don’t buy it for the cost savings. As much as people harp that Tesla isn’t a “luxury” brand, a big part of its market is taken from customers who would otherwise buy BMW, MB, etc.
BababooeyHTJ t1_j29xtfa wrote
When are any one of those status symbols the top selling cars in any area?
Pdxlater t1_j2a4hon wrote
It is a consolidation effect. The top monthly car in Europe is typically a compact car selling about 15K units. There is just not anything in the Model Y's league in terms of size/price in the market right now. A base Y in Germany is 54K euro. An ID.4 seems to be about 44K, but is significantly smaller. Now that production is fully underway it takes demand from a lot of other classes. That has been part of the sales success in the US. Prior brands of Tesla owners in the US range from Toyota to Mercedes.
BababooeyHTJ t1_j2aacwd wrote
Thank you! That makes a lot of sense.
paintball6818 t1_j2avooa wrote
I mean in Germany you can get like $9000 in incentives and tax savings, and then you go about saving $700 a year in gas, less maintenance and helping the environment.
Alimbiquated t1_j2b1vgd wrote
Also a lot of the cars in Germany are company cars, and there is a price range built in to the contract.
happyscrappy t1_j2b58zw wrote
It's just one car. It has this effect where people who buy an EV are disproportionately likely to buy this one car.
Non-EV crossovers as a whole massively outsell it. Also VW sells more EVs than Tesla does in Europe also, it just is spread across multiple models.
But if you are just looking at which car sold the most it's that one.
It won't last. All the European car companies are targeting Tesla and making gains. Another car (likely from a European make) will take over to become the most sold car in Europe.
AR2185 t1_j29cl66 wrote
When I bought my Tesla Y in early ‘21 it was about double the cost of a Prius. I work in construction management with some very long commutes and the math worked in its favor when I compared gas savings to larger car payments. Added bonus is I can charge at work for free most days as well, but that didn’t factor into my decision to buy because that can always go away. But I think they have more expensive in the time since. Prius is also much smaller, so the closer comparison would be the Rav-4 hybrid
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