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Is anyone paying these prices???

Discussion in 'Canada' started by green1, Oct 16, 2014.

  1. green1

    green1 Active Member

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    Used Tesla prices in Canada don't make any sense. There are 15 Model S' listed on autotrader right now, and extremely few that offer anything resembling value over a new vehicle.

    2014 P85, $126,000 (If I price it out brand new it comes out to $128,570, but he's selling in Quebec which has $8,000 incentives, so he's actually $6,000 MORE than brand new, and doesn't have the new sensor suite!)
    The next listing is a P85+ for $135,000, the P85D spec'd as he lists is only $142,070 new, this one is in Ontario where they have $8,500 incentives, so again, he's $1000 more than brand new, and without the new sensor suite.
    next up we have a 2014 P85 for $125,500 in Ontario, compares to a new car at $131,370, do our incentive math again and we're again about $2000 over a brand new car, still no sensors.
    And the list goes on...

    Why would anyone buy one of those when they can get a better, newer, vehicle for less money and less risk buying straight from Tesla?
     
  2. iKhalid

    iKhalid Member

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    I was actually talking to a friend about them a few days ago. Yes, they are ridiculously overpriced. But it's interesting that there are many... Before I bought mine, there were only 2.
     
  3. plaeuschler

    plaeuschler Member

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    They are a bargain actually if you compare to used Teslas in Norway. It has become less dramatic now, but there they used to be 30% more expensive than new.

    The reason is quite simple: if you order a new car you wait 5 months. The used one can be driven home right away.
     
  4. Canuck

    Canuck Active Member

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  5. SFOTurtle

    SFOTurtle Active Member

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    No one is forcing anyone to buy a used car at these prices and, I imagine, no one is buying at these prices earlier. Hardly price gouging if there are lots of alternatives, like buying a brand new, custom designed car (albeit taking delivery a couple months later).
     
  6. RiverBrick

    RiverBrick Active Member

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    I think in most provinces when you buy a used car from a private party you don't have to pay the Federal sales tax. This saves you 5% compared to buying a used or new vehicle from a dealer. Those prices are still high, but it's normal to negotiate for used cars.
     
  7. Canuck

    Canuck Active Member

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    #7 Canuck, Oct 16, 2014
    Last edited: Oct 16, 2014
    No one said there was any "price gouging" taking place. I did use the word "gouge" which, used in this context, means "overcharge":

    "gouge
    verb

    • 1.make (a groove, hole, or indentation) with or as if with a gouge.
      "the channel had been gouged out by the ebbing water"
    • 2.NORTH AMERICAN
      overcharge; swindle.
      "the airline ends up gouging the very passengers it is supposed to assist"
      definition of gouge - Google Search

    In my opinion, $149,000 FIRM, as stated in the ad, is overcharging for this vehicle (as well as the prices for the other vehicles I linked to):
    2014 Tesla Model S - $149000 - http://vancouver.craigslist.ca/rds/cto/4677018531.html

    Of course, no one is forcing anyone to buy at these prices and obviously there are alternatives. That's beside the point, as is "price gouging" which is a completely different issue: Price gouging - Wikipedia, the free encyclopedia

    - - - Updated - - -

    In BC we pay 12% PST on used vehicles from private vendors so it's not much different than also paying the GST:

    "GST does not apply to used vehicles sold privately, but a 12-percent PST is charged on those."
    Tax Tip: Do You Have to Pay Taxes on Used Cars in British Columbia, Canada?: Here's a helpful tip on whether or not you have to pay taxes on used cars in British Columbia | TurboTax Canada
     
  8. sandpiper

    sandpiper Active Member

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    I was watching used Teslas for a bit before I decided to buy a new one. Normally I buy my cars lightly used - but I quickly concluded that there was no point in this case. That said, I don't think that the overpriced ones are actually selling. I think they're mostly just sitting there. There have a been a few more reasonably priced ones come and go fairly quickly over the last six months.

    I almost wonder if somebody is playing some games - advertising one car at a ridiculous price, to make the more reasonably priced cars seem more attractive? Curious.
     
  9. Hugh Mannity

    Hugh Mannity Mediocre Member

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    I saw a couple posts where owners said they are putting thier S for sale because they are ordering the P85D.

    As for price, meh, someone can ask whatever they want, it just wont sell and the price will drop over time; akin to the housing market
     
  10. Doug_G

    Doug_G Lead Moderator

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    Lots of people have lamented that they can't get Sig Red, like I did. Here's your big chance! For a mere $150,000 you can have your very own two year old Sig Red! Funds needed for a D. No unreasonably high offer refused!
     
  11. catnip

    catnip Member

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    Such was the case in 1999, when hybrids were introduced, I had the Honda Insight (2 seats) and I remember seeing used price were a tad lower (just) than a new one.
    Call it market testing, maybe the seller has something else in mind that actually selling the car.
     
  12. hingisfan

    hingisfan hingisfan_Mark_V

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    Its crazy.....especially if you are a potential buyer in Ontario. We get $8500 back on a new one, plus the EVSE rebate. I would have to see a used price at 20-25k under sticker price to even consider it, and even then, if it were 2 years old I would likely pay 10-15k more to get brand new anyway. Fair used prices for me as a buyer would be 50-60k for a 60, and 60-75k for an 85, depending on options.
     
  13. Luclyluciano

    Luclyluciano Member

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    There's a decent P85 + for $115,000. However, several months ago there was a 6 month old low km Blue P85+ for $109,000. AT that time that was a good deal. At these prices I am ordering a brand new P85D for after the snow melts. No incentive to buy used older tech.
     
  14. green1

    green1 Active Member

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    I'm not yet to the point of being ready to buy (at least not at these prices), however I would say that if I were, there's not a single vehicle listed for sale right now used that would make sense over buying a brand new S85 or S85D (one could potentially make an argument for a P85+ in the 105,000 range, but if you were thinking S85D that wouldn't be too tempting)
    I keep pricing out my configuration on the Tesla site, and I keep getting between $104,000 and $109,000. (depending on if I go S85 or S85D) nothing used even comes close to that.
     
  15. KdotB

    KdotB Member

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    The big killer is tax. My car was 127 before. I paid 144 in the end. even if you factor in the $8500 you get back, there's another $8500 out the window. Maybe not much to some, but man when I saw the tax added on too, I was starting to wonder if I should downgrade from the P to an S, or remove some options. As stated, buying used means no tax...which might be worth it to some, if it means the difference between an S and a P
     
  16. andrewket

    andrewket 2014 S P85DL, 2016 X P90DL (soon 100)

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    I've got my P85+ priced to sell. If you're interested, click the link in my signature.
     
  17. Jaff

    Jaff Active Member

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    Not sure that will work...have they change the rule that forbids importing a Model S?...I don't think it is on the list of cars eligible to import...


     
  18. andrewket

    andrewket 2014 S P85DL, 2016 X P90DL (soon 100)

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    I don't know the answer. I thought importing between the U.S. and Canada was fairly easy?
     
  19. Doug_G

    Doug_G Lead Moderator

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    Somewhat easy; there are some changes that have to be made. More secure keyfobs. Red seat belt release buttons. Daytime running lights.

    That said, I thought Model S was on the list.
     
  20. Canuck

    Canuck Active Member

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    Only if it's on the list of allowable imports. Certain Roadersters are but not Model S:

    TESLA MOTORS
     

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