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Pricing on CPOs - market status?

Discussion in 'Tesla for Sale' started by deaddog, Jun 14, 2018.

  1. skreemer7

    skreemer7 Member

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    Big dump today. 45+ cars. Hopefully the same continues for the next few days.
     
  2. glide

    glide Active Member

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    50+ now. Too bad the prices are all absurd. None of these cars are going to sell for weeks at the rate their price adjustments go.
     
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  3. Plan B

    Plan B Active Member

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    #223 Plan B, Jul 12, 2018
    Last edited: Jul 12, 2018
    And their crappy condition.
     
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  4. Michflores

    Michflores Member

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    I reserved a p85 D- all these cars have drivers that seem to hit every curb.
     
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  5. Plan B

    Plan B Active Member

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    Not mine lol

    2014 TESLA MODEL S P85D CPO
     
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  6. glide

    glide Active Member

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    The price-jacking is just wow. Some of my favorites:

    $77,200 - today
    $68,200 - 2 days ago
    $69,300 - 3 days ago
    $70,400 - 4 days ago

    $81,400 - today
    $71,200 - 2 weeks ago
    $72,300 - 3 weeks ago

    What on god's earth is the motivation for this? It has to be that they do not want to sell cars. I cannot think of any other reason.
     
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  7. mambro

    mambro Supporting Member

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    "Oh, they have gone back to full CPO refurbishing?" he said jokingly.... ;)
     
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  8. MarkLy

    MarkLy Member

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    I guess this pricing policy does work for them , occasionally you will see somebody jump in and buy one for an inflated price. They support this price jacking by adding and then taking out large quantities of cars to give the impression that they are selling a bunch of CPO's. I also like the idea of buying a CPO that hasn't been painted/refurbed, it beats having to have somebody put a paint meter on the car to work out where it's been painted.
     
  9. durniljr

    durniljr Member

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    Does anyone have an extra carfax expiring they aren't going to use? Much appreciated...
     
  10. Fobble

    Fobble Member

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    You can always ask for CarFax report from your SA after you are happy with the pictures.
     
  11. durniljr

    durniljr Member

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    Potential private party transaction, I appreciate it.
     
  12. mambro

    mambro Supporting Member

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  13. Cheburashka

    Cheburashka Active Member

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    I still think the biggest dump of CPOs will happen in mid/late August and continue onwards, since we will see returns from Tesla's 2-year lease program.

    We should see lots of facelift cars as CPOs which will put downwards pressure on the pre-facelift AP1 cars. I'm thinking 85D AP1 ~48-50K, P85D under 60K for sure.
     
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  14. FenceSitter

    FenceSitter Member

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    It seems they have done away recently with the Request Photos button. I never heard back anyway so I guess it wasn't all that helpful.
     
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  15. Zorg

    Zorg Active Member

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    Expiration of tax credit will move prices up.
     
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  16. Plan B

    Plan B Active Member

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    Cannot believe that Canada has killed it's CPO sales.
     
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  17. PhilDavid

    PhilDavid Active Member

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    It's almost like they are playing games with car prices.

    But that obviously can't be the case because it is car dealers who engage in such shenanigans :rolleyes:
     
  18. Zorg

    Zorg Active Member

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    They're definitely trying to figure the demand curve. I am wondering if they are losing money on lease returns.
     
  19. Plan B

    Plan B Active Member

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  20. deaddog

    deaddog Member

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    What do you mean by "losing money on lease returns?" Do you mean that the re-sale price is lower than the sum of residual value + costs of reselling? Or something else?

    I started this thread many pages ago and still haven't figured out the logic (if any) behind market/CPO pricing.
     
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