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CPO Profit Margin

Discussion in 'Model S' started by Muzzman1, Jul 20, 2017.

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  1. Muzzman1

    Muzzman1 Member

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    I recently traded one of the cars on my account for 87k back to Tesla, and I found it on the CPO website. They added $10k to the trade-in price.
    The car had 4900 miles on it and not so much as a nick. It's immaculate, so it's unlikely they will need to do anything to it to re-sell it.
    Another interesting observation is the car has the Ludicrous upgrade, and on the CPO page it does not indicate as much.
    Oh and if you're interested, it also has Opticoat Pro and tinted windows.
    So this might be a really really good deal for anyone that wants an immaculate Ludicrous car for less than 100k.
    Model S P85D 5YJSA4H43FF095829 | Tesla
     

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  2. BuniBunie

    BuniBunie Member

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    Oh wow, if you had posted this last month, I would have taken it. Looks nice
     
  3. Zaphod

    Zaphod Galaxy President (former)

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    I wonder if they disabled the ludicrous mode in the software. Can't imagine why they would do that though. I think the listing they use for the CPO is as the car was originally built. P85D was a later retrofit correct?
     
  4. Muzzman1

    Muzzman1 Member

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    Yes Correct. I took delivery of that car on the day Ludicrous was announced. So I later retrofitted it. I believe it cost $7500.
     
  5. lookmtb

    lookmtb Member

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    I would be curious to know what their profit margin is as well. I just took delivery of a 2014 p85+ that according to my delivery specialist required almost 17k in new parts. I'm sure it depends case by case, but I can't imagine they really made much on mine.
     
  6. Cheerose

    Cheerose Member

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    No Ludicrous per the options on ev-cpo ... but that could just based on the initial sell records (I guess)
    upload_2017-7-21_14-14-5.png
     
  7. HankLloydRight

    HankLloydRight Fluxing

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    That's pretty much the most logical explanation.
     
  8. Az_Rael

    Az_Rael Supporting Member

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    #8 Az_Rael, Jul 21, 2017
    Last edited: Jul 21, 2017
    Interesting. So there MIGHT be P85Ds on the site that are L cars but not listed that way? (Assuming Tesla didn't disable it)

    VERY interested now to see what we get when we take delivery of our early 2015 P85D.

    Edit: I just looked at the photos we got of our car from the advisor, no underline on the badge. Ah well. That would have been a heck of a surprise, though.
     
  9. DarkMatter

    DarkMatter Member

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    I think they work a reasonable average per car. I'm about to trade in my S for an X, and based on my trade offer and similar listings I expect them to have about $8k of gross to work with. It won't take that much refurb to be ready but there are plenty of cars which should and they probably make similar trade offers on them.
     
  10. Xenoilphobe

    Xenoilphobe Active Member

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    $87K for a low mileage P85D is a good deal - especially with the ludicrous upgrade...
     
  11. Az_Rael

    Az_Rael Supporting Member

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    I would guess it's a win some lose some type game. The P85D we are buying for 75.5k Tesla initially said it had already been refurbished, but then had to do a couple of weeks of extra work after shipping the car. I haven't seen the inspection report yet, but I would imagine that cut into their profits.
     
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  12. JPUConn

    JPUConn Member

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    Tesla easily has lost $ on my CPO 2013 S85 so it's an averaging out type of situation as some require more refurb or warranty than others
     
  13. Muzzman1

    Muzzman1 Member

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    ....and the car sold, as it is no longer listed on the used site.
    Someone scored!
     

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