Hiya - new here. I've finally become rather passionate about a specific EV (rather than just EVs in general) for the first time since Aptera went under: the Model 3. I'm not as infatuated with it as I was with Aptera, but enough so to want one. (specifically: it was the drag coefficient that did it for me. 0,21 on a rather normal looking passenger sedan? Tesla's engineers are bloody amazing)
However, I'm also a penny pincher who doesn't buy new cars; I'm not fond of losing lots of money just by driving a car off of the lot, and then suffering a steep depreciation rate over the first few years. As someone who lives in Iceland, I also have to either buy at greatly inflated local prices, or import the vehicle for ~$5k shipping + 24% of the "purchase+shipping" price**. Thus I'm looking at the used market - but because I really want one, at a minimal length of time in the future.
What do you all think the depreciation is going to be like on the Model 3? The S has done quite well at retaining value so far. I'm thinking that ~4 years from now it might be possible to find some comparably high-mileage Model 3s (aka, out of warranty) for $15-$20k - does that sound like a reasonable expectation?
** It could be worse; that's the import duties on zero-emission cars. Duties are relative to emissions, the highest emissions category has an additional 65% tax on top of that!
However, I'm also a penny pincher who doesn't buy new cars; I'm not fond of losing lots of money just by driving a car off of the lot, and then suffering a steep depreciation rate over the first few years. As someone who lives in Iceland, I also have to either buy at greatly inflated local prices, or import the vehicle for ~$5k shipping + 24% of the "purchase+shipping" price**. Thus I'm looking at the used market - but because I really want one, at a minimal length of time in the future.
What do you all think the depreciation is going to be like on the Model 3? The S has done quite well at retaining value so far. I'm thinking that ~4 years from now it might be possible to find some comparably high-mileage Model 3s (aka, out of warranty) for $15-$20k - does that sound like a reasonable expectation?
** It could be worse; that's the import duties on zero-emission cars. Duties are relative to emissions, the highest emissions category has an additional 65% tax on top of that!