[rdotpope]

Have I got this right? 27% "tax" for US purchasers.

Please let's not have any political views, just want to understand the economics.

 

[ProfessorCook]

It seems, from what I understand, that the tariff is rolled into our costs. Too bad. Instead of $60k, we'd be looking at sub-$50k.

 

[polerad]

It seems, from what I understand, that the tariff is rolled into our costs. Too bad. Instead of $60k, we'd be looking at sub-$50k.

Yes indeed. In every nonUS market the P*2 is essentially the same price as the TM3LR, but here it’s ~$7k more (with the federal incentive). Without the tariffs am guessing the starting price would be $7-8k less.

 

[ProfessorCook]

Yes indeed. In every nonUS market the P*2 is essentially the same price as the TM3LR, but here it’s ~$7k more (with the federal incentive). Without the tariffs am guessing the starting price would be $7-8k less.

I apologize in advance for writing this, but I can't resist... China's not paying the tariffs. We are.

 

[GDank]

I apologize in advance for writing this, but I can't resist... China's not paying the tariffs. We are.

Not trying getting political ... but it's same as Mexio will pay for the wall ... via Tariffs ... that the american's pay.

Just like a no brexit deal will mean WTO trade tarriff's, and the UK has 55% importing compared to the EU's 45% importing. So we import more from the EU than we export ... so it's the UK who will be worse off.

ps. I failed at not getting political.

 

[Jonno]

Just like a no brexit deal will mean WTO trade tarriff's, and the UK has 55% importing compared to the EU's 45% importing. So we import more from the EU than we export ... so it's the UK who will be worse off.

ps. I failed at not getting political.

I don't class it as political, whichever side of the fence you are on. It is a fact that if there is no deal then WTO tarriffs will come into play. As an aside, does anyone know who actually benefits from the payment of tarriffs? Is it the government receiving the export or the government exporting? To be honest I don't think anybody "wins". Free trade should be free trade.

 

[thewallaby]

In Norway the car is 100% ''tax-free'' and the starting price is 52.000 USD. That is without any extras at all. I think Polestar has adjusted the price into the US a bit to compensate for the 27% import tax or else the price would start from 66.000 USD and also to get the sub 60k incentive. Not the best deal but they are up against Tesla there that is considered ''domestic'' even though the Model 3 is coming from a factory close to the one Polestar 2 is being made 🤣 🤣 🤣 🤣 funny world we live in....

 

[PolestarMG]

Hopefully not getting overly political, but yes — the US is in a trade war with China that is designed to do basically this (make Chinese products more expensive for US consumers with the goal of changing spending habits and hurting Chinese economic interests). It sucks that we have to pay a lot more for this car if we want it, but that’s the deal. Vote.

 

[boradmc1]

Can we please leave politics out of this forum. I understand that tariffs have had an impact on the price of this car but that’s why in a Capitalist society you have the option of purchasing or not. I’ve just seen too many forums get derailed by political discussions.

 

[rdotpope]

Can we please leave politics out of this forum. I understand that tariffs have had an impact on the price of this car but that’s why in a Capitalist society you have the option of purchasing or not. I’ve just seen too many forums get derailed by political discussions.

My question answered. Thank you.

Let's please close the discussion so we can all remain friends.

 

[ProfessorCook]

Can we please leave politics out of this forum. I understand that tariffs have had an impact on the price of this car but that’s why in a Capitalist society you have the option of purchasing or not. I’ve just seen too many forums get derailed by political discussions.

That's fair. 'Glad to stay friends with everybody here, even if we disagree on politics. (We need more of that these days.)

 

[ScottM]

Yes indeed. In every nonUS market the P*2 is essentially the same price as the TM3LR, but here it’s ~$7k more (with the federal incentive). Without the tariffs am guessing the starting price would be $7-8k less.

I understand what you're saying, but when I look at the UK and Germany prices (on their respective Polestar sites) and convert to USD, the price is essentially the same. It seems to me the US is paying the same as our European friends.

 

[polerad]

I understand what you're saying, but when I look at the UK and Germany prices (on their respective Polestar sites) and convert to USD, the price is essentially the same. It seems to me the US is paying the same as our European friends.

Who knows what they would do in a non tariffed world. Clearly, even with the tariffs, they are selling quite a number of P*2s here. But I suspect that without tariffs they would have set their prices based on the competitive ones from the model 3. Maybe they take a bit less profit margin here for greater market share. I mean, Tesla has been taking negative profit margins while trying to establish themselves. Why wouldn’t Polestar do something likewise while Uncle Geely writes the checks?

 

[polerad]

I know we promised to not get political but this is relevant. WTO just ruled that the actions of our current administration re China tariffs are in violation of its rules. And the data show no evidence of a positive effect of the tariffs.

Or said more bluntly

It's official: Trump trade war with China is unmitigated disaster - Business Insider

The WTO ruled that the US broke its rules in order to start the trade war with China. The US helped write those rules. This is theater of the absurd.

www.businessinsider.com

 

[ProfessorCook]

Or said more bluntly

It's official: Trump trade war with China is unmitigated disaster - Business Insider

The WTO ruled that the US broke its rules in order to start the trade war with China. The US helped write those rules. This is theater of the absurd.

www.businessinsider.com

Insert sarcastic statement here along the lines of "Gee. Who knew?"