CPO Prices? Getting normal?

[Stan Moraski]

i noticed today that CPO prices seem to be normalizing a bit. A p85d with four year warranty for $66K? That’s only $10K more than I paid for my p85 two years ago.
Any thoughts on the wild swing? Is there a method to the Tesla CPO madness?

 

[Zorg]

They probably have an algorithm that starts above market and slowly ratchet the price down until it sells.

 

[Lasttoy]

No, heck no. I was by my SC. There sat 6 trade ins. I asked about sales. He said no. We hold them till prices goes up and there fewer for sale.
Honestly, only advantage to buying cpo, is warranty reset. There are so many for sale on open market. Cargurus gas 15.

 

[DanCar]

If you go to ev-cpo hunter site and sort by date, you will see that the longest lived cars for sale are P85s. Seems like they are forced to drop the price if they want to sell them.