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Newbie seeking advice on used model S with over 100k miles

Discussion in 'Tesla for Sale' started by Jeff94103, May 20, 2018.

?

Which would you buy for $40k (as a EV Newbie)

  1. New model 3 Base pkg, standard range battery

    22 vote(s)
    78.6%
  2. 2012 Used model S, >100k miles

    6 vote(s)
    21.4%
  1. Jeff94103

    Jeff94103 New Member

    Joined:
    May 20, 2018
    Messages:
    1
    Location:
    San mateo
    Hi All

    I’m a EV newbie waiting for my model 3 reservation to be called. In the meantime, i’m considering buying a used model S. Im looking to stay under 40k and i’ve seen a few at this price but with over 100k miles and i assume out of warranty.

    Any specific issues I should be looking out for if buying from private party rather than CPO? Would you recommend just waiting for the 3? I dont really have any feature requirements and am fine with normal wear and tear. Just looking to buy my first EV for daily commute of 40 mile round trip (have charging at work)

    Thx!
     
  2. TexasTeslaRacing

    Joined:
    Dec 19, 2015
    Messages:
    594
    Location:
    North Dallas, Texas
    I would make sure it has an extended warranty or find out if you can purchase one directly from Tesla.
     
    • Like x 2
  3. kwjayhawk

    kwjayhawk Member

    Joined:
    Dec 30, 2015
    Messages:
    205
    Location:
    Kansas City
    Banks will be hesitant to finance a vehicle over 100k miles. Also they take into perspective NADA value instead of bluebook. In a car at 100k + miles they will likely land in on the mid $20k's but I don't think you'll find a seller that's interested at that price, sadly.
     
  4. tpham07

    tpham07 Active Member

    Joined:
    Mar 21, 2017
    Messages:
    1,958
    Location:
    Rhode Island
    Technically speaking you would be fine, but honestly id rather pay for a model 3 with all the new tech than buy a 2012 model S.
     
    • Like x 1
  5. cwerdna

    cwerdna Active Member

    Joined:
    Jul 11, 2012
    Messages:
    2,064
    Location:
    SF Bay Area, CA
    #5 cwerdna, May 20, 2018
    Last edited: May 20, 2018
    If you're set on getting a Model 3, I'd either just wait it out or get cheap used EV in the interim until you can order the 3 you'd like.

    Used Leafs used to be cheaper but oddly, they've gone up in price over the years. See SF bay area cars & trucks - craigslist for examples. Just get a Leaf that hasn't resided in a hot climate that has a build month of 4/2013 or later and a reasonable # of capacity bars remaining. Model year '15 "lizard" batteries are best. Can send you more pointers, if you're interested.

    (I paid $9,325 in July 2015 for a ~25 month old '13 Leaf SV (middle trim) w/premium package (Bose stereo + 4 camera Around View Monitor) w/all capacity bars w/clean title and under 24K miles. Posted at Wholesale value of the 2013 Leaf @Auction-March '18 - Page 8 - My Nissan Leaf Forum and numerous other places. It's still my daily driver nearing 55K miles. Lost a capacity bar in Nov 2017 but that's fine. My commute's <13 miles each way and I can charge at home and for free at work.

    It replaced a '13 Leaf SV w/both packages I leased for 2 years and returned at the end.)

    If you get a Model S that's past 100K miles and out of warranty, you're going to need to worry about potentially expensive repairs (e.g. half shafts (Clunking sound is costing me a bundle to fix out of warranty), MCU $2700 to fix MCU. Might DIY, but how much to reprogram new unit?, AC A/C Compressor finally failed. But $3400??!) or stuff that'll add up (e.g. door handles).

    If you wait for a 3, at least it'll be under warranty.

    Also, I have no idea how important the CA HOV stickers are to you. If the car's old and already has them, they expire 1/1/19 w/no option to renew. If it was issued HOV stickers in 2017 or 2018, once those stickers expire on 1/1/19, you can renew. See https://www.arb.ca.gov/msprog/carpool/carpool.htm and California’s Clean Air Decals | California Air Resources Board for more info.
     
    • Informative x 1
  6. Olds442

    Olds442 Member

    Joined:
    Nov 6, 2017
    Messages:
    648
    Location:
    Usually in the past.
    a '12 with over 100K miles vs a new model 3 base? i'd take the model 3 in that case.

    but i would think you could find a model s with less than 100k miles for under $40k or right at that price. my '13 p85 had 59k miles and i paid that back in december.
     

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