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"Higher" Mileage CPO - 35k off sticker.

Discussion in 'Model X: Ordering, Production, Delivery' started by doclt, Oct 11, 2017.

?

Good deal?

  1. Yes, I would buy it

    8 vote(s)
    72.7%
  2. No, I would get inventory or new

    3 vote(s)
    27.3%
  1. doclt

    doclt New Member

    Joined:
    Oct 11, 2017
    Messages:
    3
    Location:
    Texas
    Hey Folks,

    I was lucky enough to reserve a 2016 CPO Model X 90D for what I feel was a very fair price. I was wondering what the consensus would be on this deal, and if it is worth it with the rather higher milage for a CPO? I am OK with the Autopilot 1, and feel I can trade in at a later time if/when fully autonomous is available. Thank you.

    Original Sticker $113,000 purchased at $35k discount at $78,000 with 40k miles, details attached.

    Thanks in advance. I'm extremely excited to be a part of the Tesla family!
     

    Attached Files:

  2. ShockOnT

    ShockOnT Quickish

    Joined:
    Jun 26, 2016
    Messages:
    1,285
    Location:
    Sydney
    Welcome to the family! It's a great price, I'm definitely going to go CPO on my next Tesla.
    I feel like mileage has less of an impact on Tesla cars than on ICE cars, so I would have no qualms at all about a mere 40K miles, especially to save $35,000.
     
  3. Skateboardgolf

    Joined:
    Sep 24, 2014
    Messages:
    130
    Location:
    Durham, NC
    Agreed! I have 35,000 miles on mine, and still feels completely brand-new. I'd buy a high-mileage Tesla in a second!
     
  4. Bijli123

    Bijli123 Member

    Joined:
    Aug 10, 2017
    Messages:
    23
    Location:
    Seattle, WA
    Couple of months back I got an inventory X90D with 7 miles (6 seats) for 96k. Taking Federal tax credit off it is 88.5k.

    On one hand you are getting a discount of 10.5k for a used car with 40k miles - which might not seem great.

    However on the other hand you are getting a car which has had it's major issues fixed.

    i would still vote against this CPO at this price, because earlier MX had lot more build quality issues.
     
  5. mikevbf

    mikevbf Member

    Joined:
    Feb 11, 2012
    Messages:
    993
    Location:
    vermont
    Does it come with a 2 or a 4 year warranty? You should also be aware that in the new 7 seaters the center row folds flat where last years does not. If that is not important to you, last years MX seven seater have the electric mono posts which many prefer from an aesthetics point of view.
     
  6. idleuser

    idleuser Member

    Joined:
    Sep 14, 2016
    Messages:
    121
    Location:
    central california
    Terrible deal. The x90d usable battery is somewhere around 83kwh while the 75d is closer to 72kwh.

    Model X: 75D to 90D adds 20% more battery capacity (90/75 = 1.2) yet it only adds 8.44% (20 miles) extra (257/237 miles).

    Not only is the range similar but you also get the same speed and most of the pup upgrades on the x75d.

    X75d -79,500
    Vegan option 3300
    EAP - 5500
    = 87800 - federal tax = 80300 before state incentives.
     
    • Like x 2
  7. doclt

    doclt New Member

    Joined:
    Oct 11, 2017
    Messages:
    3
    Location:
    Texas
    4 year/50k warranty. I actually like the mono posts. Other upside to this one is it has the Matte Obeche trim which I really like, and is no longer available with the white interior.
     
  8. doclt

    doclt New Member

    Joined:
    Oct 11, 2017
    Messages:
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    Location:
    Texas
    Your comparison is a little short. There would need to be the 7 seat option, which is now $3000 (I want post seats, so would go with six seater $6000 option) and the premium upgrade package ($6000) to include the same options as the listed CPO.

    So even at a small increase in battery aside, your comparison is still $9000 short. Not trying to defend this CPO, just being objective.

    X75D, 0 miles, new + 4 year 50k warranty = 79, 500
    Blue paint - 1000
    -White interior 3300
    - Premium upgrade 6000
    -7 seats 3000
    -EAP - 5000
    -Destination + Doc 1150


    = 102,000 - federal tax = $94500 before state incentives.

    Vs

    X90D, 40000 miles, CPO + 4 year 50k warranty
    -Blue paint
    -White interior
    -Premium package
    -7 seats (post)
    -AP 1.0 Conv
    -Sub Zero

    = 78,200

    I see a discount of $16300 after tax credit for the mileage, AP 1.0, and the risk of an earlier build model x.

    I personally don't see the tax credit as straight cash. You are paying tax on the vehicle at delivered price, I usually balance mine either way.
     
  9. kev1n

    kev1n Member

    Joined:
    Nov 17, 2016
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    335
    Location:
    Bay Area
    i saw this car, i was surprised no one bought it instantly. i thought it was a good deal.
     
  10. idleuser

    idleuser Member

    Joined:
    Sep 14, 2016
    Messages:
    121
    Location:
    central california
    Very good point but how much is a 2017 X75D with 40,000 miles worth in 2 years vs an 80,000 mile X90D? I'm willing to think bet it'll depreciate more quickly as there are more miles piled up on the 90D. Of course none of this will matter if OP decides to keep the car.
     
  11. comanchepilot

    comanchepilot Member

    Joined:
    Oct 3, 2017
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    97
    Location:
    SoCal - EAST
    Since Tesla sets the prices of CPO cars of course they are higher than normal - once these cars end up in the wild and a true fair market develops -= we shall see what used electric is worth.

    If any of the other pure electric vehicles are any judge, they're down to 50% after 3 years and 70% after 5. Or worse.

    Look at the Mercedes B class, not a bad car, decent interior, decent options new, they were $48-50k sticker new and can be had for under $20k three years later. . . .
     
  12. ridersinc

    ridersinc Alien from another planet...

    Joined:
    Dec 2, 2016
    Messages:
    58
    Location:
    Los Angeles
    Awesome and congrats! I’m looking for a CPO high mileage Model S P100DL to compliment my X. I’m probably dreaming of finding one like that right now so I’ll patiently wait on the sidelines till one pops up.

    Welcome...you’ll love it. I fookin love mine.
     
    • Disagree x 1
  13. Peteski

    Peteski Member

    Joined:
    Oct 2, 2017
    Messages:
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    Location:
    UK
    On that basis I'd take a brand new X75D, especially if I was going to put some decent mileage on top of the 40K already on the CPO. I can't see a high mileage EV being worth more than peanuts in a few years time. Certainly $16K will not nearly cover the 40K of additional mileage and 1 year older model. Might be a different story if you are a very low mileage driver and intend to keep the car a long time. Only then could it make some financial sense.
     

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