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CPO Prices

Discussion in 'Model S' started by Stan Moraski, May 10, 2018.

  1. Stan Moraski

    Stan Moraski Brownout

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    When I bought my 13 CPO p85 two and a half years ago, I thought it was fairly priced and a good deal at $56K. Immediately starting looking for my next great car (p85d), and thought no way due to price. Now I see no less than six p85 d’s For under $65K. Several s85’s for more than that. Anyone know what is going on with CPO pricing? Very challenging to follow the logic.
     
  2. Maxv

    Maxv Member

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    I don't know if there is any logic, but now that they're not refurbishing cars, perhaps they're factoring vehicle condition into their pricing?
     
  3. Super Dude

    Super Dude Member

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    Lots of the first ones that were leased are coming off lease now so the supply is going up. But as Max said, not sure whether there's any logic.
     
  4. twonius

    twonius Member

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    It's been bananas for months. My guess is they'd rather sell you a new Model 3 than a used Model S.
     
    • Like x 1
  5. plugngo

    plugngo New Member

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    They have some nice p85ds for upper 60s with reasonable mileage . They used to be way higher
     
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  6. JPUConn

    JPUConn Active Member

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    Maybe lease residuals were set unrealistically high?

    Prices are coming down but still a bit elevated. The negative is that a few well priced ‘used’vehicles I’ve inquired about and received pics on were just not loved - scraped up bumpers, dings and dents, and just used and abused interior. One would think the lease return customer was charged for the damages so this appears to be an opportunity to either recoup against higher than market residual or pure profit taking.
     
  7. Stan Moraski

    Stan Moraski Brownout

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    But a CPO p85d with 13K miles for less than $62K? That is amazing to me. Am Imissing something here?
     
  8. twonius

    twonius Member

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    #8 twonius, May 21, 2018
    Last edited: May 21, 2018
  9. Evil Twin

    Evil Twin Member

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    over 50k miles....only gets the 2 year warranty.
     
  10. twonius

    twonius Member

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    Vs an M5 or E63 I'd be a lot less worried about mileage on a Tesla with a VIN after 50k. especially considering the 8 year unlimited mileage warranty on the powertrain.

    But ok, here's one for $3k more with 13k miles and a full warranty.
    85 kWh Performance Model S 5YJSA1H20EFP64957 | Tesla
     
  11. Stan Moraski

    Stan Moraski Brownout

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    Now two weeks later, no p85d’s under 70K. What is going on?
     
  12. David.85D

    David.85D Member

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    Not “powertrain”. Just drive unit and battery. That leaves some parts like the axles not covered...
     
  13. Russell

    Russell Supporting Member

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  14. twonius

    twonius Member

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    Youre experience may differ but typically CV joints aren't covered in powertrain warranties since they're wear items. But yeah, if you strip the splines you're on your own.
    What is a Powertrain Warranty? » AutoGuide.com News
     
  15. DanCar

    DanCar Member

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    #15 DanCar, Jun 3, 2018
    Last edited: Jun 3, 2018
  16. Lasttoy

    Lasttoy Active Member

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    They are holding cars at dealers to get higher prices. I saw 6 cars being held at local place. He said, no hurry to get them on sale. Flooding market drives down prices. The old saying. Supply and demand.
    Why buy CPO? Not worth the extra 5k . I bought off internet, saved 10k off cpo. You can deal on private sale. Not on cpo. You can fly out to get it, save 1k. I flew to Atlanta. Drove to D.C.. then home. It was exciting the first week.
    Hint. Watch every Youtube video before you pick it up. Makes first day very easy.
     
  17. Julie's MS

    Julie's MS Member

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    Ottawa
    Must be doing this for the Canadian market too. I only see two Model S cars for sale on the website. Surely Tesla has more then 2 used Model S cars in the inventory for sale. Makes it hard to know what the Tesla stock is without calling the dealership.
     
  18. DanCar

    DanCar Member

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    Couldn't find a non CPO P85D with autopilot for $60K. Interesting thing about CPO site is that price is dropping 1% each day, so in a week the price will be $60K.
     
  19. DanCar

    DanCar Member

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    Latest CPO deal: 70D for $50K with autopilot.
    Model S 70D 5YJSA1S29FF089216 | Tesla
    Seems weird to me that Tesla would charge more for 60's with no dual drive, no four year warranty or no autopilot. Why do they price the 70Ds less than 60s? I guess they are going to be hanging on to those 60s.
     
  20. Stan Moraski

    Stan Moraski Brownout

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    Another P85D listed with four year warranty, pano roof and 27K miles under $60K! Can’t blame end of the quarter anymore.
     

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