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

[kmalone32]

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.

 

[eurek]

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.

 

[steve841]

Fair price IMO ...

 

[Indpowr]

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

 

[kmalone32]

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

 

[gaswalla]

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

 

[Indpowr]

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

 

[AvengerBB]

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

SC is free on CPOs

 

[kmalone32]

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!

 

[jelloslug]

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

 

[Indpowr]

SC is free on CPOs

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

 

[AvengerBB]

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

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.

 

[Indpowr]

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.

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

 

[sandpiper]

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!

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.

 

[Livver77]

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

Your CPo is wrong and needs to take a closer look. Free supercharging goes with the vin

 

[Indpowr]

Your CPo is wrong and needs to take a closer look. Free supercharging goes with the vin

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.

 

[kmalone32]

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.

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.

 

[zer0cool]

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.

 

[kmalone32]

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.

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.

 

[AvengerBB]

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

You should ask to work with someone else.

Tesla’s Certified Pre-Owned vehicles still have unlimited free Supercharging, says Tesla President