Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register
  • We just completed a significant update, but we still have some fixes and adjustments to make. Please see this thread for more details and to find out how to revert to the old design. Cheers!

High mileage used LR RWD resale value thoughts

Do you consider this high-mileage used LR a good value?

  • Great value with 120k mile warranty

    Votes: 0 0.0%
  • Decent value since used prices haven't been very competitive vs new w/ incentives

    Votes: 2 25.0%
  • Poor Value - way too many miles , early VIN

    Votes: 6 75.0%

  • Total voters
    8

PNWLeccy

Active Member
Jul 11, 2019
1,397
1,278
Seattle
I just came across this 2017 VINxxxx697 LR RWD with 58K+ miles which is the highest I've seen by a pretty big margin. It is listed at $41.5K w/ FSD. I'm not sure if they still allow you to remove FSD like they do on new inventory vehicles but that would put resale value sans FSD at $35.5k. I thought this was an interesting barometer for high-mileage resale value...what do people think about this?

Initial thoughts are that it seems decently priced. I know these sold for much more than they do now than in 2017 so the original owner may have taken a bath on the sale but compared to current prices, resale value seems not too bad. On the other hand, I purchased a LR w/ 4K miles for $35.9k during one of the infamous fire sales but it is a poor point of comparison as I havent seen pricing remotely close to that in months since.

What are your thoughts?

Vehicle referenced above: TeslaCPO.io - Search Tesla's Vehicle Inventory
 
Last edited:
Upvote 0

jonquiljo

Active Member
Supporting Member
Sep 26, 2019
1,066
527
SF Bay Area - Marin
Wow, well the market dictates if it's a good value or not, right?
With next to zero Model 3's available right now, you'd have to look far. I wouldn't buy a model 3 that used, but it's a question of what you can afford.

Tesla's supposedly have a high resale. Higher than most cars. There's less to wear out too.

There are lots of used (slightly) Model 3's (and X's and S's) on the Tesla Website. I'm not that familiar with prices, but they seem priced more than new ones. Tesla wants $2K to deliver them. They look like mostly returns - and have to be sold as used because even returns have a previous title. They are probably fine. Or you can wait a couple of months.
 

PNWLeccy

Active Member
Jul 11, 2019
1,397
1,278
Seattle
With next to zero Model 3's available right now, you'd have to look far. I wouldn't buy a model 3 that used, but it's a question of what you can afford.

Tesla's supposedly have a high resale. Higher than most cars. There's less to wear out too.

There are lots of used (slightly) Model 3's (and X's and S's) on the Tesla Website. I'm not that familiar with prices, but they seem priced more than new ones. Tesla wants $2K to deliver them. They look like mostly returns - and have to be sold as used because even returns have a previous title. They are probably fine. Or you can wait a couple of months.
As an owner it definitely is interesting the way Tesla prices their used cars. Since they are likely the biggest resellers of Tesla's they really influence the resale value and they're usually priced very high compared to new w/ tax incentives.

This listing was particularly interesting because it's kind of the first test I've seen of how our cars might depreciate as we pile the miles on our cars. I think it is a good sign that this sold so quick which means some people think that a even a car w/ almost 60k miles over 2 years at that price was very competitive.

Wonder if the resale value will hold up when the Model Y is released...
 

Products we're discussing on TMC...

About Us

Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.

Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


SUPPORT TMC
Top