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Pricing Model

1962 Views 13 Replies 6 Participants Last post by  Revenant, 
Revenant
Not sure if I'm understanding the pricing correctly. But it sounds like these vehicles are going to cost north of $50k-$60k in the upper trims. Then you're still going to pay a monthly charge on the battery? Plus the cost of actually charging the vehicle. I feel like a large reason for most people to switch to electric is the lack of added costs. Paying a lease charge and for charging the vehicle will negate any savings..
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akc5247
Yup.

They should do something like what Volvo did. https://media.electrifyamerica.com/en-us/releases/151
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Revenant said:
Not sure if I'm understanding the pricing correctly. But it sounds like these vehicles are going to cost north of $50k-$60k in the upper trims. Then you're still going to pay a monthly charge on the battery? Plus the cost of actually charging the vehicle. I feel like a large reason for most people to switch to electric is the lack of added costs. Paying a lease charge and for charging the vehicle will negate any savings..
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And I think there’s a bit of bait and switch here too. It looks like the prices they revealed are for the base pack which has like 260 miles of range in the VF9. The larger pack won’t be available at launch and will certainly be significantly more expensive if I had to guess. They also lowered the range estimate (a few days ago they showed 3 battery options now it’s down to 2). Not clear if they will just raise the monthly fee or the cost of the vehicle for larger batteries.

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Here is a screenshot I made a few minutes ago which shows the price with and without buying the battery for the VF9 ECO STANDARD range… So they are going from $55,500 in the beginning to now $57,500 for the Eco with a subscription or they charge $18,500 for the battery for a total of $76,000 for the Eco… As we aim for the VF9+ with the extended range battery pack I project the price is (a) going up from $61,000 to maybe $64,000 (b) if we buy the extended battery pack plus cost for delivery we would have a total of roughly $85k... In my opinion (even with a tight EV market and supply chain issues) this pricing by VF is for a auto manufacturing newcomer ummm… lets say “confident“…

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Here is a screenshot for actual pricing for the VF8

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SHale
Alex said:
Here is a screenshot for actual pricing for the VF8
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i'm sticking with the subscription. I don't WANT a $57k+ vehicle. Plus, if I own the battery I have to 'baby' it charging habit wise. Hard pass.

I think all these changes they are getting ready to have an order web system in place very soon......
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SHale said:
I think all these changes they are getting ready to have an order web system in place very soon......
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This would be great because it would reduce uncertainty by a large amount.
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Revenant
Alex said:
Here is a screenshot I made a few minutes ago which shows the price with and without buying the battery for the VF9 ECO STANDARD range… So they are going from $55,500 in the beginning to now $57,500 for the Eco with a subscription or they charge $18,500 for the battery for a total of $76,000 for the Eco… As we aim for the VF9+ with the extended range battery pack I project the price is (a) going up from $61,000 to maybe $64,000 (b) if we buy the extended battery pack plus cost for delivery we would have a total of roughly $85k... In my opinion (even with a tight EV market and supply chain issues) this pricing by VF is for a auto manufacturing newcomer ummm… lets say “confident“…
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They keep changing the starting price. It's now at $59K for the VF8 and a whopping $83K for the VF9.. what a joke.
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Revenant
I requested to cancel my reservation and they're still saying they'll honor original pricing with the unlimited battery subscription. But I find this hard to believe when it stated pricing was subject to change.
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Z
Well they have said a couple of times that the original reservation holders get the original pricing and battery subscription rates (excluding flexible plan). I don't know how they plan to justify the new prices for new customers but atleast us old timers have some luck.
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ZPower said:
Well they have said a couple of times that the original reservation holders get the original pricing and battery subscription rates (excluding flexible plan). I don't know how they plan to justify the new prices for new customers but atleast us old timers have some luck.
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I’m a Vinfirst Reservation Holder and (according to VF) would get the original price - but nevertheless I’m concerned about their new pricing because it doesn’t help me to get an affordable 7seater SUV EV but the company as a whole doesn’t survive in the long run and I’m stranded with a car without a branded service network. For a newcomer on the US market these prices are insane - even if I understand that they need to be profitable. I can imagine scenarios where they will fail on (and as a result even pull out of) the US market completely and focus on Asia and maybe Europe - even with the announcement of the NC plant (btw: I can‘t find any news about how the construction progresses and I would assume that they would promote his heavily…!?) Final verdict: i’m really, really concerned and we’re looking more and more into other options for an 7seater SUV EV
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Revenant
Alex said:
I’m a Vinfirst Reservation Holder and (according to VF) would get the original price - but nevertheless I’m concerned about their new pricing because it doesn’t help me to get an affordable 7seater SUV EV but the company as a whole doesn’t survive in the long run and I’m stranded with a car without a branded service network. For a newcomer on the US market these prices are insane - even if I understand that they need to be profitable. I can imagine scenarios where they will fail on (and as a result even pull out of) the US market completely and focus on Asia and maybe Europe - even with the announcement of the NC plant (btw: I can‘t find any news about how the construction progresses and I would assume that they would promote his heavily…!?) Final verdict: i’m really, really concerned and we’re looking more and more into other options for an 7seater SUV EV
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Agreed, I don't think they'll honor pricing. And don't see how they can enter the market at the new pricing. Even if they did deliver some Vinfirst VF9's at a lower cost they'll be city versions and not what was promised.
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Revenant said:
Agreed, I don't think they'll honor pricing. And don't see how they can enter the market at the new pricing. Even if they did deliver some Vinfirst VF9's at a lower cost they'll be city versions and not what was promised.
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I did a bit research a few minutes ago and it seems VF doesn’t get some permits for the plant so far because of NIMBY of some nearby residents who feel negatively impacted by more traffic (aka: how much money do we get from you so that we stop our resistance).

Everyone wants a booming economy with many good paid jobs and a short commute but nobody wants to have economy/industry within his own sight… 🙄

btw: a church needs to be moved to another place as well which is also an issue - unbelievable :LOL::ROFLMAO::LOL:
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Revenant
Alex said:
I did a bit research a few minutes ago and it seems VF doesn’t get some permits for the plant so far because of NIMBY of some nearby residents who feel negatively impacted by more traffic (aka: how much money do we get from you so that we stop our resistance).

Everyone wants a booming economy with many good paid jobs and a short commute but nobody wants to have economy/industry within his own sight… 🙄

btw: a church needs to be moved to another place as well which is also an issue - unbelievable :LOL::ROFLMAO::LOL:
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Wow so they haven't even started.. and they said they want to start building cars by 2024. :LOL:
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