Experience buying a used Model Y from Tesla

[John Foster]

I am thinking of buying a used Model Y from Tesla, I would be interested to hear people's experiences that have done this.
What condition was the car? (Cosmetically etc.)
Transaction
Features installed (FSD, Acceleration Boost...)

Any advice, things to consider, Pro's and Con's

I know the price can be close to a new 2024 MY, however, most used ones I've looked at also come with FSD and other options that if added to a new MY would end up costing more. I really wanted a 2024 MY with the discount they recently had but waited too long and missed the deal. I could wait, but I'm just looking at other choices, used being one of them. Educate me please

 

[father_of_6]

You may not end up valuing FSDb as much as its price tag... I suspect most people don't.

Also, from what I've read, Tesla has a lot of excess inventory. If you buy an in-inventory Y, plus with $7,500 federal rebate, buying new might even be cheaper than used.

I haven't looked at any prices to verify any of this, just thinking out loud.

 

[E90alex]

Don’t go in thinking FSD adds $12k value to the used one. At the current $99 subscription rate it would take 10 years to break even. No one should be paying in full for FSD.

Compared teslas used pricing to any other listing for an equivalent car (with or without FSD) and Tesla will usually be much higher.

 

[father_of_6]

Yeah, really make sure you know your numbers. I'd hate to see you buy a used car for $20 less than a new one.

 

[John Foster]

I understand the math, and I'm not the type of person who will pay more for the same (or worse). I also agree the FSD is only worth as much as you value the service. For us, we would not pay $99/month or $12k for it, not even 1/2 of that.

So maybe put aside the cost/value part and share your experience in the process and condition of the car you picked up.

 

[John Foster]

So ignore this now, we placed an order last night for an in-inventory 2024 MY after the $2k MSRP drop.

 

[father_of_6]

So ignore this now, we placed an order last night for an in-inventory 2024 MY after the $2k MSRP drop.

Congratulations! What were the new vs used prices that you were looking at?

 

[John Foster]

I was looking at MYLR 22's and 23's with 10k or fewer miles and they were coming in at $48-49k (local to me). They all seemed to have FSD and AB, I would not pay $12k for FSD but I would have got the AB. So maybe together they are worth $5k? but even using that math the price would still be $43-44k, new car after the MSRP $2k drop and including the tax credit was $41.5k. So no contest.

 

[father_of_6]

Acceleration boost was on my wishlist, but at $2k I couldn't justify it. Got it free with referral credits... barely even know it's there. My 3LR is so fast without AB, it'd never be worth $2k to me.