Place Your Bets! (actual blank Slate starting price contest)

[AKrietzer]

I just wonder what people will be willing to pay for an extra 90 or so mile range? Most of my driving is short - less than 60 mile round trips, but I would want the extra range if affordable. Are we talking $3000 or $8000 extra?

 

[EverythingSlate]

I just wonder what people will be willing to pay for an extra 90 or so mile range? Most of my driving is short - less than 60 mile round trips, but I would want the extra range if affordable. Are we talking $3000 or $8000 extra?

I drive an hour to work- I’ll swallow my pride and get the extended range even if it’s more than I want to pay. I hope slates not reading this. 😂

 

[AZFox]

I just wonder what people will be willing to pay for an extra 90 or so mile range? Most of my driving is short - less than 60 mile round trips, but I would want the extra range if affordable. Are we talking $3000 or $8000 extra?

Two aspects of the Extended Battery I've considered (EV n00b here, remember).

It's more weight, which I presume lowers load capacity and it definitely will require more energy per mile.​

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It'll last longer, quite simply because you'll need fewer charge cycles over the lifetime of the truck to go the same distance.​

 

[sodamo]

I just wonder what people will be willing to pay for an extra 90 or so mile range? Most of my driving is short - less than 60 mile round trips, but I would want the extra range if affordable. Are we talking $3000 or $8000 extra?

$3000 is above my threshold but close enough to have to think hard. $8000, easy rejection, no thought beyond initial read.

 

[Letas]

I just wonder what people will be willing to pay for an extra 90 or so mile range? Most of my driving is short - less than 60 mile round trips, but I would want the extra range if affordable. Are we talking $3000 or $8000 extra?

For me it’s extended or nothing. With the 80/20 rule, and cold weather, the regular battery gets me an hour of driving. No thank you!

If it is $8000 extra, I’d be silly to buy a slate.

 

[Desertdog]

I'm going to make a really ambitious prediction of $22,500 for the 150 mile, and $26,500 for the extended range.

They are pushing affordability. They know that people have the $20k set in their mind, despite being after incentives. My thoughts on this is They want that super low "starting at" price that got people interested. Because of this they might be willing to sell the 150 mile range for minimal, if any profit because most people who opt for that budget build are more likely to finance as they will likely be the working class, hourly employees, door dash type gig workers that often don't have the means to pay cash. Considering Slate is planning to offer financing, they will recoup their loss through interest. Also, it will help with their marketing to get the initial exposure with these being on the road. Sure there will be cash buyers and outside financing, but most people just want a vehicle & only care about the monthly payments and are too lazy to seek outside financing.

They also know they have a fan base following, people like us. I suspect many of us are willing to pay more for the extended range so they will probably increase the price of that battery to makeup the loss of the 150 mile model. An additional $4k is a lot, but if it can land in the $26.5k range that still feels reasonable to me. Again, America runs on debt so I suspect the majority of consumers will finance.

Every model year will see a price increase until sales stabilize with a good market hold.

Probably wishful thinking but it's going to be interesting how it plays out

 

[sodamo]

I know it’s too early, but knowing the marginal price difference between the 2 batteries would be great.

 

[cvollers]

I know it’s too early, but knowing the marginal price difference between the 2 batteries would be great.

I’d like to know this too. Based on previously shared numbers, the battery cost is roughly $9.3K per vehicle. What we don’t know is how much of that is for the smaller battery. If we assume $9.3K is for 240 miles, then the cost gap is $3.5K. Have no idea if this is accurate nor what kind of margin Slate will add. I think a price delta of at least $4K is a safe bet.