Thought we might want a place to discuss the CPO business.
Hank Lloyd Wright here at TMC has created a wonderful "consolidator" page that gives us a considerably further reaching view into the CPO business than Tesla's own CPO section on their website. His file pulls data from Tesla's CPO page, and makes it possible to see the data from all the listings combined in one table for U.S., one for Canada, sort the data, and track CPO cars sold (he has a table at the bottom of this page where each car's data is moved to once it is sold). The cars listed for sale and as sold are updated every hour on the hour.
As I understand it, Tesla has had about 213 cars listed on its CPO site since Hank launched his page 4/27, and has sold 27 of these cars (fwiw, I came to 213 by adding current cars for sale in U.S., Canada, and cars already sold). Over 10% of listed inventory sold in 3-4 days, seems like a good start. There may be something of an initial rush to buy, but at the same time, as far as I know we are only in the beginning stages of the public coming to know this CPO program and it's listings on Tesla Motors are available.
One other note as to general discussion of the business... in a thread outside the investor's section on the program, it's been mentioned that Tesla may have substantially more than the 200 cars currently listed in their inventory. This makes sense to me as so many early Model S owners decided to upgrade to the "D." What's more, large numbers of people are simply in the habit of keeping a car 5 years or less. I did some rough numbers, and this program might be as much as 10,000 cars per year in the U.S. alone in just another couple of years.
Here's a link to the page Hank created:
Tesla CPO Consolidator
Hank Lloyd Wright here at TMC has created a wonderful "consolidator" page that gives us a considerably further reaching view into the CPO business than Tesla's own CPO section on their website. His file pulls data from Tesla's CPO page, and makes it possible to see the data from all the listings combined in one table for U.S., one for Canada, sort the data, and track CPO cars sold (he has a table at the bottom of this page where each car's data is moved to once it is sold). The cars listed for sale and as sold are updated every hour on the hour.
As I understand it, Tesla has had about 213 cars listed on its CPO site since Hank launched his page 4/27, and has sold 27 of these cars (fwiw, I came to 213 by adding current cars for sale in U.S., Canada, and cars already sold). Over 10% of listed inventory sold in 3-4 days, seems like a good start. There may be something of an initial rush to buy, but at the same time, as far as I know we are only in the beginning stages of the public coming to know this CPO program and it's listings on Tesla Motors are available.
One other note as to general discussion of the business... in a thread outside the investor's section on the program, it's been mentioned that Tesla may have substantially more than the 200 cars currently listed in their inventory. This makes sense to me as so many early Model S owners decided to upgrade to the "D." What's more, large numbers of people are simply in the habit of keeping a car 5 years or less. I did some rough numbers, and this program might be as much as 10,000 cars per year in the U.S. alone in just another couple of years.
Here's a link to the page Hank created:
Tesla CPO Consolidator