mspohr
Well-Known Member
I agree that it's very difficult to predict resale value of the Tesla.I don't think there's any way of knowing today what the relative value of ANY car will be in five years. Tesla has changed everything. It's a whole new ballgame. Five years from now a brand new ICE luxory car will, IMHO, have far a depreciated value far lower than a five year old luxury ICE today. Will people be buying ICE BMW's and Mercedes' and Lexus' five years from now? Probably, but not nearly as many as are being sold now, and that's directly the result of the change which Tesla is bringing to the automobile industry.
At the same time, while our Model S's will still be great cars in five years, they won't come close to comparing with what's available five years from now. The 85D already has almost the same 0-60 performance of the P85, so I'm not sure the "amazing performance" of the P will necessarily equate to much of a difference in value in five years. I would caution against buying any high end car, ICE or Electric, with an expectation of significant resale value years down the road. I specifically excluded residual value from my TOC calculations when I made the decision to purchase my Model S, and it's still a bargain and assuages the feelings of guilt I had over spewing emissions into the air during my 190 mile daily commute.
I didn't figure it into my cost calculations at all since I generally keep my cars a long time (my other car is a 16 year old Land Rover which is still running strong... with lots of money applied to repairs but still cheaper than a new ICE every 4 years). I plan to keep the Tesla "forever" but don't expect it to cost much for repairs in the far out years... except for the battery (unknown).