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Future resale value of Model 3 vs older Model S

Discussion in 'Model 3' started by corduroy, Jul 26, 2018.

  1. corduroy

    corduroy Member

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    Assuming an equal purchase price for each of these initially, which would you think would have a higher resale value 4 years from now?

    1. A 2018 long range RWD Model 3 with say 40,000 miles
    2. A 2015 Model S 70D with say 75,000 miles

    Your opinions would be appreciated!
     
    • Like x 1
    • Disagree x 1
  2. jddssc121

    jddssc121 Member

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    by nature, a new car is going to have a very difference depreciation curve than a used car.
     
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  3. EricUSC

    EricUSC Member

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    Nobody will know for sure until 4 years from now, however #2 will probably have depreciated less and hence have a higher resale value.
     
  4. FURY

    FURY Member

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    If the S has free supercharging for life of vehicle and that doesn't change... there will be Buyers at a higher price point, everything else unchanged.

    Thank you very much

    FURY
     
  5. Singuy

    Singuy Member

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    Depends if there are major technological overhaul to the M3 in 4-5 years and if the price stays the same or not. Technically your 50k car today has a 7500 discount any future cars will not enjoy. So if prices for the M3 stays the same, essentially any M3 sold after 2019 will "cost" 7500 more which helps a lot with resale value of your used car if bought today.
     
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  6. Trevor B

    Trevor B Member

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    Nobody knows
     
  7. Plan B

    Plan B Active Member

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    #7 Plan B, Jul 26, 2018
    Last edited: Jul 26, 2018
    Why would you give his question a thumbs down, disagree?

    He's asking a question not making a statement :rolleyes:.
     
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  8. corduroy

    corduroy Member

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    Right, but isn't wild speculation half the fun of this forum?
     
  9. Pkmmte

    Pkmmte Le meow

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    Elon knows all.
     
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  10. Trevor B

    Trevor B Member

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    Sure ... o_O
     
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  11. bradhs

    bradhs Member

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    They both will depreciate. Get the one that fits more of your needs.
     
  12. chickensworth

    chickensworth Member

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    in 4 years, assuming the Model S has been refreshed and the 3 has not... i'd assume the 3 would be higher. Just my wild guess.
     
  13. sammyfan711

    sammyfan711 Member

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    The 3 might be a functioning robo-taxi, the S an object of curiosity

    My bet is on the 3
     
  14. DanCar

    DanCar Member

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    If FSD actually works in 4 years then I would say the Model 3 will have greater value.
    The difference in range is 100 miles, so that is something to consider.
    The Model S 70D will be closer to out of warranty.
     
    • Helpful x 1
  15. brianman

    brianman Burrito Founder

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    What's the current total price for each option in the OP?
     
  16. ebmcs03

    ebmcs03 Active Member

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    Buying a car based on resale value down the line? You should aim for a corolla.
     
  17. Plan B

    Plan B Active Member

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    Oh I have one of those for sale too :cool:
     
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  18. insaneoctane

    insaneoctane Active Member

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    Well, conventional wisdom would say that the MS should be worth more because it has already shed its worst 3 years of depreciation. Unfortunately I don't know if that is true because of the high tech nature of Tesla's. Having the extra range and EAP/FSD hardware may prove to more than make up for it. [​IMG]
     
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  19. Uncle Paul

    Uncle Paul Active Member

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    First few years typically have the greatest depreciation, so the Model S will probably retain the most value.
    Highly optioned vehicles depreciate more than base models, so again the Model S, with the base battery, will again retain the greatest % value.

    Tesla is taking both the Model S and 3 up market, with higher average selling prices, so that may cause all the older cars to retain more value.

    Electric vehicles loose less value due to miles driven, but lose more value if the battery has lost range.
     
    • Informative x 1
  20. MXWing

    MXWing Active Member

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    Is this going to apply to a real situation or just hypotheticals?

    Model S equipped to seat 7 is something the 3 will never be able to do.

    Not always a clear choice without knowing details.
     

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