The metrics can be seen in the initial post
A sample of ONE? Very scientific.
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The metrics can be seen in the initial post
I bought a P100D a year ago for a sticker of 144k, now the trade in is 70k ??
Imagine paying $200K for a car in January and finding out overnight through no fault of your own or any market influence it is now worth $100K. I agree that they were obviously overpriced to begin with but there was zero consideration to new owners by Tesla on that decision.
So if you just picked up your (now sold) $110K 100D on a Friday and you woke up Monday morning and read that you can buy that very same car for $60K then you'd look in the mirror and blame yourself ?nvoking the concept of "fault" is an inappropriate deflection of personal responsibility.
So if you just picked up your (now sold) $110K 100D on a Friday and you woke up Monday morning and read that you can buy that very same car for $60K then you'd look in the mirror and blame yourself ?
It wasn't the car or the market, it was Tesla itself that caused this.
Until Feb this year they had been depreciating no worse than any other luxury car, then in Feb the grand poobah had an idea to slash the prices by ridiculous levels and everyone took a massive hit on resale. Now before all the Americans jump on that statement they need to understand what happened outside of the US, it was a price massacre with some countries having prices dropped by 50% overnight, 50!!
Imagine paying $200K for a car in January and finding out overnight through no fault of your own or any market influence it is now worth $100K. I agree that they were obviously overpriced to begin with but there was zero consideration to new owners by Tesla on that decision.
pffff... until you reach 150kms.... Then bye bye Tesla.... have seen a few tail lights on the top end
No they heat up on there ownGREAT POINT LUDALICIOUS! AND A LAMBO DOESN'T NEED 30MIN FOR FOR THE BATTERY TO HEAT UP FOR LUDICROUS PLUS MODE EITHER. LOL.
I bought a P100D a year ago for a sticker of 144k, now the trade in is 70k ?? I have had a ton of cars over the years and this is by far the worst loss then any car I have ever owned. The main reason, I think, is Tesla lowered its price for the P100D to 109k. I feel this shows clearly that they care nothing for any of the customers who bought the Top of line model. No other car dealer would do this to the value of their top model car. Wow, I am still in shock, I understand a trade in value is usually 10k lower than a retail price. But even 60k in loss in 1 year, makes no sense, on any car. Somebody please shed some light on this situation...
After 18 mo. I still owe more than my RWD LR 3 is worth ($40,300) but am driving the hell out of it to make up for it, 34k miles and counting, after 100k miles one of the kids will probably get it.We’ll see what happens in 2 more years when Model 3 owners have to eat their crow too.
WHAT?......WHAT?.......OKAY!, Seriously I understand that you are upset and that is a big hit but you're car is worth at least 80 to 90k according to what I see of private party sales, like another here has said you happened to buy at the worst possible time, not your fault but it is what happened, massive price drops coupled with the Raven release and now the Plaid being teased for mid 2020, high end buyers like yourself that have the means will most always choose the best so it diminishes the value of yours further, FWIW even though I cannot justify spending money like that I do not hate you for having the ability to do so.......GO CAPITALISM!CRAZY! OTHER COUNTRIES CHARGE 200K FOR THE P100D ? THAT'S NUTS. THANKS FOR CONFIRMING TESLA SCREWED EVERYONE IN THE WORLD ON THEIR TOP MODEL. MISERY LOVES COMPANY..LOL.
......GO CAPITALISM!
I was referring to your ability to purchase such items vs. the current trend of our misinformed youth on socialism.Is it really capitalism when the manufacturer sets, controls, and manipulates the pricing?
Where metrics do you use to back up statement?
View attachment 468595
Study: Tesla Model X and Model S continue to hold values better than rivals
View attachment 468597
Tesla Depreciation Case Study a Positive Read on Demand | Loup Ventures
Tesla Model S retains its value better than gas-powered cars in its segment, losing only 28% after 50k miles - Electrek
And the answer to your question is yes it is as long as the Government is not setting, controlling and manipulating the prices.
you can't tell the OP who lost half his car's value in 1 year that Tesla has very low depreciation.
I didn't say it, the articles that looked at statistics said it. His one anecdote (and notice he onlys refers to "sticker price" -- not the actual cost to him) doesn't undermine the clear statistical historical evidence that Tesla has lower depreciation compared to its peer models.
And along the same lines, Tesla is literally fighting for its life on a daily basis. They are completely dependent on Wall Street for continued funding (they are still a long way from cash flow positive) and so they must dance to Wall Street's tune. Wall Street wants to see more cars shipped, so Tesla has dropped prices in order to sell more cars. It's not personal. They aren't trying to "screw" their old customers (look at my .sig line, I'm not talking out of my arse here), they are simply trying to keep moving forward, making the best decisions that they can each day.Bottom line is.... No one care's about someone loosing 70K US in a year on a vehicle that's usually purchased by the 1%... It had to be said.
If your primary concern in deciding what car to buy is depreciation you wouldn't buy a new car of ANY brand.Are you just going to ignore the big price cuts? When you slash $30k off the MSRP, used prices are going to drop by around $30k. Nearly any Tesla purchased before February 2019 has suffered massive depreciation due to the price cuts. If you compare them to their new MSRP their depreciation might be fine, but compared to what was actually paid for the cars it's horrible. Like worst modern car depreciation ever horrible.
If your primary concern in deciding what car to buy is depreciation you wouldn't buy a new car of ANY brand.