I've had my AP1 S85 for 3 largely trouble-free years, and it's paid off. It's fully loaded and only has 27,000 miles on it. I'm expecting my M3 configuration email soon. I'm conflicted about whether I want to give up my beautiful MS, custom ordered by me and picked up at the factory, for a smaller, cheaper car. I'm interested in others thoughts that are in the same situation. My primary motivation is to get into a cheaper car that has a lower cost per mile than my Model S, but still have the Tesla driving experience. Here's my pro-con list. Not all are related to cost but lower cost is my prime directive.
PROs:
- new warranty. My comprehensive warranty runs out in a year, M3 will have new 4 year warranty
- About $10k in my pocket due to price difference between my used MS and new M3
-some welcome interior improvements in M3--cupholders, door storage, rear armrest
-shiny new toy. Excitement of having the latest tesla
-could be slightly faster than my S85? not sure
-smaller car, MS is a little bigger car than what I need
-cheaper insurance, still not competitive with ICE cars but by my research here in California Geico will charge about 25% less than MS
-cheaper to register every year, about 50% cheaper
-?lower depreciation due to lower purchase price, but not sure about this since the MS has already made it through the steepest part of the depreciation curve and M3 would just be starting it
CONS
-loss of free charging for life , a BIG one.
-all the new bugs and issues of a brand new car, a BIG one. I avoided that in my S85 by waiting until serial #s in the 60,000 range
-moving from AP1 on mine to AP2 which IMO is still inferior - a BIG one
- less attractive design IMO especially from the back
-loss of hatchback practicality
-smaller battery, although Tesla claims better range, but I always view Tesla claims with healthy skepticism
-slower charge time I believe than S85
-less luxury/less special than the MS. no leather, no alcantara, one screen vs 2
-more cramped interior/less cargo capacity when I need it
-parts unobtainable in case of accident. Unfortunately MS largely has the same problem, M3 could be worse initially.
Any thoughts from those making the change to a Model 3?
PROs:
- new warranty. My comprehensive warranty runs out in a year, M3 will have new 4 year warranty
- About $10k in my pocket due to price difference between my used MS and new M3
-some welcome interior improvements in M3--cupholders, door storage, rear armrest
-shiny new toy. Excitement of having the latest tesla
-could be slightly faster than my S85? not sure
-smaller car, MS is a little bigger car than what I need
-cheaper insurance, still not competitive with ICE cars but by my research here in California Geico will charge about 25% less than MS
-cheaper to register every year, about 50% cheaper
-?lower depreciation due to lower purchase price, but not sure about this since the MS has already made it through the steepest part of the depreciation curve and M3 would just be starting it
CONS
-loss of free charging for life , a BIG one.
-all the new bugs and issues of a brand new car, a BIG one. I avoided that in my S85 by waiting until serial #s in the 60,000 range
-moving from AP1 on mine to AP2 which IMO is still inferior - a BIG one
- less attractive design IMO especially from the back
-loss of hatchback practicality
-smaller battery, although Tesla claims better range, but I always view Tesla claims with healthy skepticism
-slower charge time I believe than S85
-less luxury/less special than the MS. no leather, no alcantara, one screen vs 2
-more cramped interior/less cargo capacity when I need it
-parts unobtainable in case of accident. Unfortunately MS largely has the same problem, M3 could be worse initially.
Any thoughts from those making the change to a Model 3?
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