TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker or making a Paypal contribution here: paypal.me/SupportTMC

CPO site has newer VIN numbers than my undelivered car?

Discussion in 'Model S: Ordering, Production, Delivery' started by electrocar, Feb 26, 2016.

  1. electrocar

    electrocar Member

    Joined:
    Apr 6, 2015
    Messages:
    7
    Location:
    southern CA
    So the CPO site has cars newly listed with VIN numbers higher than the car I ordered? I have VIN 1292xx and they have cars listed way past that. Why would Tesla build vehicles that essentially have zero miles (50 technically but thats how many all new cars have) for their CPO inventory before a custom order?
     
  2. HankLloydRight

    HankLloydRight Fluxing

    Joined:
    Jan 18, 2014
    Messages:
    5,789
    Location:
    Connecticut
    Just guessing here but perhaps those inventory cars are still in production?

    Also, they're technically not CPO cars, they are new.
     
  3. larmor

    larmor Member

    Joined:
    Oct 27, 2014
    Messages:
    719
    Location:
    Irvine, CA
    Skynet has become self aware, and factory robots made extra cars that its AI engine has pre determined we will need...

     
  4. Auzie

    Auzie Tree Hugger Member

    Joined:
    Jul 29, 2013
    Messages:
    1,903
    Location:
    Sydney
    I checked the site. From what I see all these 2016 models low mileage cars (say 50m) are for lease.

    Perhaps the CPO site is the best sales/lease channel for Tesla.
     
  5. Zaphod

    Zaphod Galaxy President (former)

    Joined:
    Dec 10, 2015
    Messages:
    446
    Location:
    Austin, TX
    They are not necessarily built in order of VINs. Depends on model and configuration as they do tend to batch build configurations that are very similar.

    - - - Updated - - -

    They don't have to be leased, they just show that to give an example of what lease payment would be. They can still be purchased and financed as well.
     
  6. Nototrader

    Nototrader Member

    Joined:
    Nov 30, 2015
    Messages:
    229
    Location:
    Alpine, NJ
    I'm guessing as production ramped up, they have more capacity than demand right now so they are starting to basically keep new cars in stock like traditional car dealers. Some people need a car on the spot and this pretty much solves that issue.
     
  7. Auzie

    Auzie Tree Hugger Member

    Joined:
    Jul 29, 2013
    Messages:
    1,903
    Location:
    Sydney
    Sale or lease, my point was that listing these cars on CPO site might be the best (or only?) distribution channel. All these cars share the same location, San Francisco Bay area, most likely they are at the factory.

    What is the best way/channel to sell new/low mileage cars out of the factory, with no dealers?
     
  8. 30seconds

    30seconds Active Member

    Joined:
    Feb 28, 2013
    Messages:
    1,142
    Location:
    SF
    I think this is part of the plan for Model 3 as well. They can make ~20% of production to be commonly selected combinations and just sell as new. Takes pressure off of the production process and expands market
     
  9. HankLloydRight

    HankLloydRight Fluxing

    Joined:
    Jan 18, 2014
    Messages:
    5,789
    Location:
    Connecticut
    Perhaps they're front loading Model S inventory to free up the production line for Model X.
     
  10. timf

    timf Member

    Joined:
    Apr 14, 2013
    Messages:
    900
    Location:
    Michigan
    All the 50 mile cars are clearly brand new inventory. They are priced at full list without any discounts aside from a handful that have modest $100 discounts. The plan is likely to list all vehicles that are on order as demo or display vehicles for sale as soon as they are built in order to give people the opportunity to buy the car for full price without a wait. Those that aren't sold immediately will gradually get mark downs as they are driven or sit in the showroom.
     
  11. pete8314

    pete8314 Vendor

    Joined:
    Jun 4, 2012
    Messages:
    1,947
    Location:
    DFW
    ...plus there's a big push to get volume out the door by the end of March.
     
  12. PDFS

    PDFS PDF's tesla

    Joined:
    Feb 21, 2016
    Messages:
    42
    Location:
    Orland Park
    I was at a service center today looking at different interiors trying to decide on which seats to purchase. They had an inventory car that was not on ev-cpo site. It had a few 100 miles on it as it is a loaner car. The sales rep told me that many if not most of the loaners are cars that someone ordered and then backed out at the last minute and lost their deposit. I do not know if this is true but might account for the difference in options in some of the inventory cars
     
  13. electrocar

    electrocar Member

    Joined:
    Apr 6, 2015
    Messages:
    7
    Location:
    southern CA
    What I was most interested in was why would these cars be built and listed before my preordered car? I can understand the cars that were produced and never delivered for whatever reason but it seems like there are too many listed for a scenario like that. I placed my order for a MS late Jan and it just went into production. These cars listed as available have later VIN numbers than mine and seem to already be out of production and in Southern California.
     
  14. HankLloydRight

    HankLloydRight Fluxing

    Joined:
    Jan 18, 2014
    Messages:
    5,789
    Location:
    Connecticut
    Some, but not all, Inventory cars are customer cancellations. I know early on Tesla tried to populate the loaner fleet with highly optioned cars, as motivations for people to upgrade given the chance to experience a P85 or P85+ or better seats, etc.

    It bears repeating -- EV-CPO only collects and displays what is on Tesla's own Preowned website (which includes Inventory cars). I don't have a secret sauce into the back-end systems in order to list every CPO or Inventory car available. We know that there are hundreds more unlisted cars available.
     
  15. bonaire

    bonaire Active Member

    Joined:
    Aug 24, 2013
    Messages:
    1,525
    Location:
    USA
    #15 bonaire, Feb 27, 2016
    Last edited: Feb 27, 2016
    They are not CPO - they are new cars - or "Inventory". They are there for buyers to walk up to and buy "today" (ie. weekend tire-kickers visiting a showroom).

    Why build inventory ahead of paying customers? Well, it is obvious. You are a captured customer and are already sold. The company has a need to keep sales growing and that is done through inventory cars available for immediate sale. This started happening way back in summer of 2014 just prior to "Reveal the D" event. There were inventory sitting on lots in late 2014 (RWD models) and eventually sold off or turned into Loaners/Demos.

    Notice on the CPO web site. Many locations have in-series Vin #s. Select 'Inv" as type and Sort By Vin. This a sales manager setting up for his handful of inventory orders and putting them in all at the same time to be built and fill out a delivery truck so that transit costs are lowest. It's just business and it is cheaper for Tesla to build inventory cars and sell them soon after - than waiting only for customers to place orders. Once an auto factory is up and running at steady-state, it is not good to have "low-volume" days. Perhaps Model X orders are not converting to actual confirmed sales as fast as expected.

    Hank - I have visited my local Tesla lot a few times looking at inventory and many times they had cars that you did not list on your web site and some were a month+ old. Maybe they were loaners but they were lined up with all the other inventory and looked ready for sale.

    When they pulled the CPOs off the web and your site dropped in number, you mentioned that they were (probably?) put into use as the loaner/demo cars and that now we see 300+ new Inventory cars out there. Seems like it is more financially sound to use "old CPO" as loaners and not brand-new ones because any scratched-up new car and mileage-riddled new inventory doesn't command the sticker-price and needs discounting for immediate sale. If Inventory units are never driven, they can command sticker price, or close to it.
     
  16. PDFS

    PDFS PDF's tesla

    Joined:
    Feb 21, 2016
    Messages:
    42
    Location:
    Orland Park
    As a prospective owner getting ready to pull the trigger I really appreciate this forum and the ev-cpo website. What a great tool as I decide on options and see if there is an inventory car out there with what I want at a better price. If that is you hank who is keeping that site up I really thank you as it has been a great tool while going through my buying experience
     
  17. EXOTIC1

    EXOTIC1 Member

    Joined:
    Jan 23, 2014
    Messages:
    180
    Location:
    MANY PLACES
    For a potential private party purchase on a 2013 P85+(122k msrp) with 15,000 miles warranty till october 2017
    what's a good purchase price 63-64k? or is that high for pvt party buy
    thx in advance
     
  18. HankLloydRight

    HankLloydRight Fluxing

    Joined:
    Jan 18, 2014
    Messages:
    5,789
    Location:
    Connecticut
    Yup, that's me. Thanks for your feedback!

    Good luck on finding the perfect car.

    - - - Updated - - -

    Yes, I tried to explain that above -- that I don't have access to any internal or secret list of CPO or Inventory cars for sale. All of my data comes from what Tesla decides to list on their Preowned website. So yes, I think it's pretty well known that Tesla has many more CPO and Inventory cars available that (for whatever reason) they decide not to list on their site.

    Yes, this is what I've been told, as well as several other people. Elon's original plan was to use newer/higher optioned cars as loaners to entice people to upgrade, and even said "if you like the loaners, you can just keep it". But as with many things Elon says, reality just didn't work out that way. :)
     
  19. bonaire

    bonaire Active Member

    Joined:
    Aug 24, 2013
    Messages:
    1,525
    Location:
    USA
    Driving a new car around as a loaner has about a $1 "sales depreciation" plus $1000/month - however, I don't know if they can deduct the mileage driven by the customers.
    Driving an older CPO still has a bit of depreciation but seems to be less than $1/mile. It may be more financially prudent to drive CPO as loaners and not the new inventory. A change perhaps put into place by their new CFO.
     

Share This Page