whttiger25
Member
Regarding all the discussion on holding value, I will throw in my experience. The car I purchased in june of 2017, a base model s 100d with only EAP and blue paint, had a $99k sticker or about $92k because of the available federal rebate so we can compare apples to apples. Let's take off another $2k for EAP features since I only had base included Autopilot in new car, so $90k. The base model vehicle I purchased this summer for $75k was 0.5 seconds faster, and had about $10k of included options I didn't have before (hifi sound, pleather interior, adaptive suspension, more range (wasn't an option then), and cold weather package). So the base price dropped $15k, add on another $10k of options you are looking at $25k of depreciation having only to do with the price cuts and standard feature increases over 3 years.
That being said, you can look at the evolution of the model S and conclude that we are reaching some sort of maturity - they won't be able to or have a reason to keep slashing the price. Early adopters like me paid the price as they ramped up economies of scale, but that doesn't necessary have to continue to the same degree in the future.
That being said, you can look at the evolution of the model S and conclude that we are reaching some sort of maturity - they won't be able to or have a reason to keep slashing the price. Early adopters like me paid the price as they ramped up economies of scale, but that doesn't necessary have to continue to the same degree in the future.