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Is this a good deal on a 2016 Model S 90D?

Discussion in 'Model S' started by kmalone32, Jan 21, 2017.

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  1. kmalone32

    kmalone32 Member

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    Here are the details:

    2016 Model S 90D (Facelift) - $89,500
    Black Exterior, Black Next-Gen Seats - $2,500
    Panoramic Sun Roof - $1,500
    21" Grey Turbine Wheels - $4,500
    Autopilot 1.0 - $2,500
    Premium Interior Package - $3,000
    Ultra High Fidelity Sound - $2,500
    Subzero Weather Package - $1,000

    Total Invoice Price - $107,000

    Miles - 14,500
    Private Seller
    Clean Title
    3.5 years left on warranty
    Price - $83,000


    It's a little excessive for what I need. I only drive about 150 miles/week. I live in the Midwest too so I would need to switch the wheels out for some 19" all-seasons. Only planning on holding on to the car for 2-3 years and then probably moving to an SUV (hopefully a non-Falcon winged X) to better accommodate our family.
     
  2. eurek

    eurek Member

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    If you are interested - I am selling my S

    2016 Model S 75D (Facelift) - $85k
    Black
    Autopilot 2.0 - (HW 2.0)
    Miles - 160 only.
    Private Seller
    Clean Title
    Full tesla warranty.
    Want to switch to Model X.
    Also in midwest.
     
  3. steve841

    steve841 Active Member

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    Fair price IMO ...
     
  4. Indpowr

    Indpowr Member

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    83k is pretty good. The CPO cars would be 90s for that same model
     
  5. kmalone32

    kmalone32 Member

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    Thanks guys, think I might go for it. Haven't found any CPO or Inventory offers that are more compelling.
     
  6. gaswalla

    gaswalla P4201/85/airsusp/pano/19i

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    Yes, that is a reasonable price.
    Expect prices to fall by end of year though as autopilot 2.0 surpasses 1.0 in capabilities and Model 3 starts rolling out.m but that's a year away
     
  7. Indpowr

    Indpowr Member

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    Prices have dropped on CPO in the last month.
    1. New year
    2. No SC free
     
  8. AvengerBB

    AvengerBB Member

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    SC is free on CPOs
     
  9. kmalone32

    kmalone32 Member

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    Forgot to mention:

    The upfront price isn't my main concern. My biggest concern is how well it will maintain value for 3 years, since that is how long I'm looking to keep the car. Do you guys think this car will hold its value relatively well compared to the other options available today? I read that new Model S cars depreciate pretty quickly the first year or two, so I've been mainly target the CPO and used market.

    Thanks!
     
  10. jelloslug

    jelloslug Active Member

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    The "old" Model Ses had not tanked just because of AP1 so you should be relatively fine.
     
  11. Indpowr

    Indpowr Member

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    As of 1-15-17 if you did not have an order in for a CPO you will not get free SC. you become part of the new program 1000 miles a year.

    They added 300 CPO cars this week
     
  12. AvengerBB

    AvengerBB Member

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    Not correct. The unlimited supercharging follows the car. Since there are no CPOs that were built after the deadline yet, they all come with free supercharging.
     
    • Like x 2
  13. Indpowr

    Indpowr Member

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    His will yes as its used car and goes with it.

    My CPO manager made it very clear that any new CPO order after 1-15 will not have free SC
     
  14. sandpiper

    sandpiper Active Member

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    Honestly, it's a crap shoot; it's a new market. I certainly wouldn't assume that they would hold value better than other "luxury" cars in the same price range.
     
  15. Livver77

    Livver77 Member

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    Your CPo is wrong and needs to take a closer look. Free supercharging goes with the vin
     
    • Like x 1
  16. Indpowr

    Indpowr Member

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    #16 Indpowr, Jan 23, 2017
    Last edited: Jan 23, 2017
    I will ask Sean in WPB again but I put my deposit in just for that reason on and 85D. if it changed we may move to a P85D, but not sure i can move the deposit to new car may lose that 1k. Sean moved it once for me in the 72hr window.

    So if true that would be good news just not what was told or positioned on CPO cars based on 2 different CPO managers.
     
  17. kmalone32

    kmalone32 Member

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    I was referring to other Model Ses when I was asking how well it might hold its value. Not considering any other makes or models right now.
     
  18. zer0cool

    zer0cool Member

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    All cars at these levels depreciates heavily in the first few years... It's not unique to Tesla or due to Tesla innovation... If you had bought a new gen BMW 7 series when it first came out for 100k, I doubt you ll get 65k if you trade it in today... And if you look at older 7 series... the 13's are going in the 40's CPO, so trade-in is likely 35k... So ya, it's not a unique Tesla issue.

    Basically if you buy a 100k luxury/sport sedan, expect to pay 60k in depreciation in 4 years.

    This car is a good deal; you would basically save 20k already in depreciation because it's been owned for 0.5 years. So this means you ll only probably take 40-50k in the next 3.5 years. Great stuff.
     
    • Like x 1
  19. kmalone32

    kmalone32 Member

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    Thank you for your perspective. If I can sell this car for around $50k in 3 years, I would be happy. I don't drive much, so I would probably still be around 40,000 miles by that point.
     
  20. AvengerBB

    AvengerBB Member

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    • Like x 2

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