I’m trying to decide if I should sell my ‘17 S75D with 70K miles. Trade in offers are around $25K - 28K. Private sale will be higher but I don’t want to deal with that.
Any thoughts on expected depreciation over the next 2 years? If my car will be worth $15K in 2 years I might as well sell. But if it will be $20K it’s cheap enough to keep around. I have another car but keeping the S will reduce wear and tear on this other car. I’ve been trying to estimate depreciation based on what kbb shows but was hoping for some knowledgeable opinions. The last year has hit Tesla values so hard that I’m not sure how much lower they can go.
Any thoughts on expected depreciation over the next 2 years? If my car will be worth $15K in 2 years I might as well sell. But if it will be $20K it’s cheap enough to keep around. I have another car but keeping the S will reduce wear and tear on this other car. I’ve been trying to estimate depreciation based on what kbb shows but was hoping for some knowledgeable opinions. The last year has hit Tesla values so hard that I’m not sure how much lower they can go.