Looking for others opinions on depreciation.
I see model S's now going just below the $30's.
Thinking about a used and face lifted 2016 model S 75D vs a model 3 performance.
Thinking about total cost of ownership over say 5 years, even with another update to the S I'm thinking it shouldn't hurt the already depreciated used Model S's too bad. So maybe $30k after 5 years as a worst case.
A brand new Model 3 stealth performance can be had for $50k, so in theory as a used car will go below $30k in 5 years.
That said, hard to think about buying a car with that performance and technology in 5 years for under $30k. Especially if older S's cost $30k at that time.
A crystal ball, but what are others thoughts?
I see model S's now going just below the $30's.
Thinking about a used and face lifted 2016 model S 75D vs a model 3 performance.
Thinking about total cost of ownership over say 5 years, even with another update to the S I'm thinking it shouldn't hurt the already depreciated used Model S's too bad. So maybe $30k after 5 years as a worst case.
A brand new Model 3 stealth performance can be had for $50k, so in theory as a used car will go below $30k in 5 years.
That said, hard to think about buying a car with that performance and technology in 5 years for under $30k. Especially if older S's cost $30k at that time.
A crystal ball, but what are others thoughts?