Model X Trade-In Price way to low

[Cleo-n-Company]

OTOH, I was pleasantly surprised at Tesla's trade-in price for my 2016 Model X a year ago. Maybe your 2013 battery pack was nearing its end of life?

The car had about 72K miles - so it didn't seem we were anywhere close to end of life. I sold the car to Carvana without issue, so all's well that ends well. But it leaves a sour taste.

 

[Zorg]

So long as Tesla keep improving every year, depreciation will be a thing. That being said, I would think that the price decreases should start to slow down by now. I mean, a model X 100D was $120-130K 3 years ago, and is now $80-90K depending on seat configuration. I may decrease another $10K, but then it'll start to get awfully close to a Y.

Best insurance is to do a lease. Yes financing is more expensive, but they don't charge you the sales tax for the residual value (at least in CA) until you buy it out. So, if changing cars every 3 years, it's a wash IMO, and definitely cheaper than taking a bath on the resale.