Depends on the market. BYDs are significantly cheaper than Teslas in SE Asian, Australian, and Latin American markets, places with no domestic champion automakers to protect and therefore logical targets for BYD to sell at cheap prices to gain marketshare rapidly.
Just for a quick comparison here for LATAM markets: the cheapest Tesla I could buy right now is a 2019, 21k miles Model 3 priced at around 74,327 USD from some random dude. Meanwhile, I can buy a brand new BYD Seal, with similar specs, at 61,296 USD directly from a dealership.
BYD has a lot of dealership and is opening two factories in the country. So repairs might not be as expensive in the future.
I would much rather have a Tesla, but it does not make much sense financially.
A BYD in the same class as a MY/M3 is more expensive than these are outside of the US.
Depends on the market. BYDs are significantly cheaper than Teslas in SE Asian, Australian, and Latin American markets, places with no domestic champion automakers to protect and therefore logical targets for BYD to sell at cheap prices to gain marketshare rapidly.
Just for a quick comparison here for LATAM markets: the cheapest Tesla I could buy right now is a 2019, 21k miles Model 3 priced at around 74,327 USD from some random dude. Meanwhile, I can buy a brand new BYD Seal, with similar specs, at 61,296 USD directly from a dealership.
BYD has a lot of dealership and is opening two factories in the country. So repairs might not be as expensive in the future.
I would much rather have a Tesla, but it does not make much sense financially.