General chit-chat in "For Sale" threads
- Thread starter MsElectric
- Start date
JamesBrown
Member
They must be a member here with pricing like that.
Plan B
Active Member
Yah you should call them and give them your opinion what you think the price should be, since you are all knowing on Tesla pricing.
JamesBrown
Member
Plan B
Active Member
It's going great, hows your trolling going?
Vinc
Member
I do not mean to derail the conversation, but as a quick aside. I just saw this and now my heart hurts a little. What happened to this poor thing? Even if they had this Model S driving in the background of some dystopian future movie, I would think that the set designer had overdone it.
2013 Tesla Model S | eBay
At least the seller seems to be realistic about what he has. I wish I had the disposable income to bring it home and just give it lots of hugs.
2013 Tesla Model S | eBay
At least the seller seems to be realistic about what he has. I wish I had the disposable income to bring it home and just give it lots of hugs.
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bkp_duke
Active Member
JamesBrown
Member
Vinc
Member
I would assume so. Although, unless it is just for show, one of the pics seems to be at a supercharger...
islandchick
Banned
JamesBrown
Member
What is it about Tesla that makes owners massively overvalue their cars? I've owned over 20 cars and been on many forums and I've never seen a phenomenon like this site. Pricing 20-50% over market value is the norm here and every now and then pricing higher than brand new. I've noticed that only about 1 in every 10 listings is even remotely close to market value and they sell fast. The reat sit for months and months and owners refuse to believe their price is the issue.
Is it that owners are more emotionally tied to Teslas? Is it due to Tesla's eratic pricing changes and sales? Is it that owners don't understand the concept of depreciation? Is it due to Tesla's not having a traditional yearly release schedule with updates? Is it due to early adoption?
Genuinely curious why the 2nd hand market on Teslas is so all over the map.
Is it that owners are more emotionally tied to Teslas? Is it due to Tesla's eratic pricing changes and sales? Is it that owners don't understand the concept of depreciation? Is it due to Tesla's not having a traditional yearly release schedule with updates? Is it due to early adoption?
Genuinely curious why the 2nd hand market on Teslas is so all over the map.
HankLloydRight
No Roads
They're simply in denial that their car has had so much depreciation.
Also (in the most recent egregious case), I think he probably owes more on the car loan than it's worth. That's a hard pill to swallow.
And to a much lesser extent, pricey add-ons pretty much add $0 additional value to a used car, and sometimes reduces it.
Also (in the most recent egregious case), I think he probably owes more on the car loan than it's worth. That's a hard pill to swallow.
And to a much lesser extent, pricey add-ons pretty much add $0 additional value to a used car, and sometimes reduces it.
It could be any combination of factors but I really think on the performance models it boils down to this. When I started looking at Teslas, used P85Ds were in the 90s and up. P100Ds used to be 150k, lately current owners were picking them up in the 80s BRAND NEW.....
I agree, Tesla's has been their own worst enemy here, initially Tesla's had the best retained value of anything in the market but with the constant downward pricing on the S and the introduction of the cheaper 3, resale values of the older S have fallen off a cliff. I think there are now a number of factors that will help the used S prices going forward, no new face lift, no interior makeover, no proposed increase in battery size and limited inventory of 85's lease returns coming back into the market via Tesla. My guess is the P85D's will gradually overcome the P90D's current small price premium as the battery issues become better known and the used 85's end up with a greater actual range than the 90's.
Toppatop55
~Life Is Good~
I'm looking to get back into a model S after selling mine a while back. like everyone has said, there is a wide spreading delusion on used Tesla pricing. Am I wrong to think I should be able to get a 3/4 year old (2016) Model S for 35K?
What would be the value on a used 2019 M3 LR RWD (AP, premium black interior, 4K mileage), $45k?
JamesBrown
Member
A brand new 2019 M3 LR AWD (white, black interior, AP, 0 milage) is $51k (including destination fee and federal tax credit). Generally AWD is more valuable/desirable than RWD for majority of people. It was a $4k price increase when it was available, so I'd say a brand new LR RWD would be worth $47k if still available. I'd estimate on the lowest end of deprecation based on year/mileage, so 10%.
$47k - 10% deprecation = $42.3k
Just be aware that if you post it for sale here at that price (as fair as that price seems) people will still rip you apart claiming you are asking way too much.
JamesBrown
Member
This is a BS statement. Just recently someone posted a 2018 M3 LR AWD and included 20% deprecation for being a year old and 15k miles. Everyone applauded them for finally have a logical price. A 2019 model with only 4k miles would easily be fair to expect around 10% depreciation.
You do not have to have a low price, you just have to have a reasonable price.
Have you read the for sale threads here? I'm not taking any sides on this (Literally no comment on any pricing) but people here are vicious towards sellers.
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