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This is my plan! As soon as I find an ultra red plaid in the 75k range, I’m going for it.or buy used... used plaid for 70k seems to have minimal downside for next few years
This is my plan! As soon as I find an ultra red plaid in the 75k range, I’m going for it.
The depreciation from that point forward will be nice and slow.
Why the hell you keep talking about investment. Stop bending to elmo!!The problem is people considering cars investments. If they saw them for what they are (the single largest depreciating asset most will own... the higher the price, the greater the depreciation) they make wiser decisions instead of trying to impress everyone behind the mentality "gotta treat yo self... yolo!" and only considering if they can afford the payment or not. If you cared at all about finances you wouldn't buy a new car of any brand.... especially at $150k.
This is my plan! As soon as I find an ultra red plaid in the 75k range, I’m going for it.
The depreciation from that point forward will be nice and slow.
I guess if you care about depreciation, wait 2/2.5 years to buy a new model or refresh. I’m guessing in 2 years, people who buy highland 3 in a couple of months will be complaining about depreciation of their cars too. Just look at threads in Y forums or even M3 forums from late 2019, early 2020 threadsWith Tesla's you never know. I bet people that bought at the low $100's thought they were geniuses.
I think everyone and their mom know that cars are not investments but this artificial depreciation is ridiculous. To me it is not a good look for the brand; Tesla is not going to be seen as a Toyota, Honda or Lexus brand as far as holding their value and because they are good cars but it is going to be compared to Kia, Hyundai and Fiat. Tesla just became the appliance Walmart brand that makes throw away cars.
Tesla refuses to advertise to increase their customer base and it is pissing of their current customer instead with the radical price changes. All the models have been affected by these price cuts. Model Y owners are screwed specially those that paid $80k for their cars. I have seen 2018 Model 3 owners getting $12k trade-in offers from Tesla with 70k miles. FSD for resale is worth essentially nothing. I bet customer loyalty was affected, mine was and this is after 4 Tesla's in my family and I can easily afford these cars.
Elon keeps blaming inflation and that he needs to increase affordability but the price cuts do not reflect that. The price delta and interest rate delta on for instance the Model S Plaid from 2021 to now is $30k at the end of life of the loan. Hopefully new customers from here and on get a more stable pricing.
This is my plan! As soon as I find an ultra red plaid in the 75k range, I’m going for it.
The depreciation from that point forward will be nice and slow.
What many people don’t understand is that you can sell your car at a huge discount, but also buy a new car at a huge discount. Like real estate, when you sell a house you are probably going to buy another to replace it. It doesn’t matter what you originally paid, as long as the price of the new asset has gone down proportionately which it has
Let the new pricing absorb into the used market for the next 4-6 weeks and you’ll be able to find a nice 2021 plaid lo miles in theThis is my plan! As soon as I find an ultra red plaid in the 75k range, I’m going for it.
The depreciation from that point forward will be nice and slow.
wouldn’t be too bad.If you consider $10K year to be nice and slow.
A local dealer seems to think used is worth more than new. It's been for sale since April of last year! Dealer info blocked out as I wouldn't want anyone to jump ahead of me to purchase....lol.
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Definitely a "Good Deal". It even says so, therefore it must be true. We all know the 21's always add at least 10K+ to the value.
Good for you, if you want to enjoy your car even more, stop reading forum posts, especially the one about vibrationsIf it’s that bad why wait for another year to use it, why not put it up for sale so you have a peace of mind. I just got my first Tesla model S and I haven’t noticed any problems with it as it serves me well, probably with time I’ll get to see it from your view as I’m new to the Tesla world, lol
LMFAO, i think you have no clue how Insurance companies and used market estimate car prices!! MSRP is huge factor into the equation.
This. We are in the midst of a double, high-speed technology revolution. Things we took for granted for decades - the rate and degree of change in vehicle technology; the rate of manufacturing improvement - don’t hold true anymore.Lease Teslas. They are like iPhones. Obsolete after 3-4 years max.
I think you have no idea how financial institutions estimate asset prices. MSRP is a factor as it is a start point to calculate depreciation or appreciation based on market trends. Go and do this experiment and get KBB trade in estimate for 10 cars that are 1 year old with 12k miles and see what percentage you get off the MSRP.How insurance companies assess prices can vary by state but in general, are based on selling price, current market prices, etc. depending on the circumstances. The "used car market" estimates car prices based on results of auctions, dealer sales, private sales, etc. MSRP is NOT necessarily a huge factor in the equation.
So then what is an acceptable amount of depreciation in a year?Anyone buying a production car assuming a profit (yes, even the Plaid is really nothing special - just a regular 'ol production car) -- is fooling themselves.
Production cars aren't, have never been, and never will be appreciating assets. Best to think of it as consumable by the mile.
And once you accept that, drive the hell out of it and enjoy it.
If you want an investment, try gold.