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

Flood of inventory cars has replaced CPOs in Canada and US

Discussion in 'Canada' started by rypalmer, Feb 26, 2016.

  1. rypalmer

    rypalmer Member

    Joined:
    Aug 22, 2014
    Messages:
    278
    Location:
    Canada
    82% of the CPO cars for sale by Tesla in the US and Canada are inventory cars, and almost all have Auto Pilot. This is quite a change from a week ago, when the vast majority were true pre-owned. Inventory cars with < 100km are trading at roughly a 10% discount, and are eligible for incentives all the same.

    Not sure what we can attribute this change to, but it would seem there is plenty in play for Tesla coming at the end of this quarter (end of March) -- the Model 3 release of course, but perhaps something more.
     
  2. MarkoJ

    MarkoJ Member

    Joined:
    Jan 16, 2016
    Messages:
    39
    Location:
    Victoria, Canada
    hmmmm....I assume these inventory cars are eligible for provincial rebates too? There is a 70D that showed up in Vancouver this morning with only 100km. Before I placed my order (earlier this month) the sales person sent me the list of 5 they had in inventory and they were all 90ds and no discount either. Where would it have shown up from? Cancelled order?
     
  3. Lon12

    Lon12 Member

    Joined:
    Oct 12, 2015
    Messages:
    284
    Location:
    Calgary, AB, Canada
    Well Vancouver is showing four cars. I wouldn't call that a "Flood".
    I hope they are using the CPO's for service loaners so I don't have to drive an ICE next time.
     
  4. sandpiper

    sandpiper Active Member

    Joined:
    Sep 25, 2014
    Messages:
    1,463
    Location:
    Ontario, Canada

    There are 4 CPO cars in all of Canada and 10 in the USA - if the website is to be believed. It's not so much a flood as a.... little dribble. :) And they're all 2014 or older - and so clearly not inventory.
     
  5. TytanX

    TytanX Member

    Joined:
    Jun 14, 2015
    Messages:
    23
    Location:
    Canada
    Click the tab that says "Pre-owned" and selected "Both New and Preowned"
     
  6. MarkoJ

    MarkoJ Member

    Joined:
    Jan 16, 2016
    Messages:
    39
    Location:
    Victoria, Canada
    31 new inventory Teslas now for Vancouver. Out of the five 70d four have a higher VIN number than my order with the $5,000 provincial rebate running out....not going to be a happy camper if mine arrives and I am out the $5,000.
     
  7. Lon12

    Lon12 Member

    Joined:
    Oct 12, 2015
    Messages:
    284
    Location:
    Calgary, AB, Canada
    Wow! Looks like the Model S train stopped in YVR first.
     
  8. Stephen4

    Stephen4 Member

    Joined:
    Dec 8, 2012
    Messages:
    53
    Location:
    North Vancouver
    I suspect the higher inventory is due to the lower C$. Some felt they could afford it...but when it finally came down to purchase, they backed off.
     
  9. sitter_k

    sitter_k Member

    Joined:
    Jun 23, 2014
    Messages:
    382
    Location:
    Toronto (GTA)
    Doubt it since it's the same scenario in the US. Original CPO s removed and replaced with inventory models at much higher prices.
     
  10. Porfiry

    Porfiry Member

    Joined:
    Sep 1, 2015
    Messages:
    71
    Location:
    AB/BC
    Is the Kitsilano store opening soon? Maybe they're stocking up ahead of a grand opening. More than half the inventory in the whole country is in BC.

    The VINs are darn near sequential... eg. x716, x718, x719, x720, x722, x723. It's almost like they did a production run just for inventory.
     
  11. brianman

    brianman Burrito Founder

    Joined:
    Nov 10, 2011
    Messages:
    15,487
    CPO != inventory
     
  12. Battman

    Battman Member

    Joined:
    Sep 7, 2015
    Messages:
    57
    Location:
    Calgary, Alberta, Canada
    This is just like what happened last year to my brother when he got his 85D. Tesla prices cars based on when they are ordered. So right after the significant price increase last August, all of Tesla's inventory cars were still at the old price(almost $10k lower). So my brother got a new 85D (had yet to arrive at the TO store). In fact in one week they sold all five inventory 85D's that they had at the old price. So if anyone is bummed about the last price increase, get one of these NOW!!!
     
  13. rypalmer

    rypalmer Member

    Joined:
    Aug 22, 2014
    Messages:
    278
    Location:
    Canada
    Yes I realize this. What would we call the combination of CPO + Inventory sales? Do we have a term for this?
     
  14. Jaff

    Jaff Active Member

    Joined:
    Aug 15, 2010
    Messages:
    3,007
    Location:
    Grimsby, Canada
    I think there are only a few left at the "old" price..2 have sold in the last few days...time is of the essence...

     
  15. brianman

    brianman Burrito Founder

    Joined:
    Nov 10, 2011
    Messages:
    15,487
    "backstock"?

    My reason for commenting before is because this makes no sense to me:
    In reality, 0% of the CPO cars are inventory.
     
  16. Canuck

    Canuck Active Member

    Joined:
    Nov 30, 2013
    Messages:
    3,936
    Location:
    South Surrey, BC
    #16 Canuck, Feb 29, 2016
    Last edited: Feb 29, 2016
    I don't think there's a combined term. Tesla calls them "showroom and pre-owned"....

    "Buy a Model S Today
    Every showroom and pre-owned Model S comes with a 4 year, 80,000 km limited warranty."

    Pre-Owned Model S | Tesla Motors Canada

    Or, conversely, 100% of CPO cars are inventory. I'm certain CPO vehicles are shown on Tesla's inventory log sheet together with the inventory vehicles. But I do get your point.
     
  17. glh280

    glh280 Member

    Joined:
    Jan 6, 2015
    Messages:
    38
    Location:
    Florida
    Another thought on what might be happening. I was told that all loaner cars are listed for sale (always). I know that our store had several waiting to come in. The likely answer is that the loaners are starting to arrive and are listed for sale. Right now they are not discounted much at all, but should be by $1/mile and 1% per month. In 5-6 months they should start seeing a pretty good discount. Also, I have noticed there are a good number of low optioned cars out there for sale. It should help some people jump in as these cars will get down to $60k after the rebates, maybe even lower.
     
  18. go.mouse

    go.mouse Member

    Joined:
    Feb 13, 2016
    Messages:
    9
    Location:
    Canada
    There will be a Tesla store in Kits?

     
  19. Canuck

    Canuck Active Member

    Joined:
    Nov 30, 2013
    Messages:
    3,936
    Location:
    South Surrey, BC
  20. MarkoJ

    MarkoJ Member

    Joined:
    Jan 16, 2016
    Messages:
    39
    Location:
    Victoria, Canada
    Vancouver was well stocked today...

    Vancouver Inventory.jpg
     

Share This Page