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Pricing on CPOs - market status?

glide

Active Member
Jun 6, 2018
4,184
5,859
USA
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.
 
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.
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.
 

mambro

Member
Supporting Member
Mar 13, 2018
128
71
McKinney, TX

Cheburashka

Active Member
Jan 29, 2018
2,650
3,922
Los Gatos, CA
Big dump today. 45+ cars. Hopefully the same continues for the next few days.

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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Zorg

Active Member
Oct 24, 2017
2,139
1,989
Fremont, ca
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.
Expiration of tax credit will move prices up.
 
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PhilDavid

Active Member
May 22, 2018
2,552
2,343
Philadelphia
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.

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:
 

deaddog

Member
Oct 29, 2017
192
67
Chicago
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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