Pricing on CPOs - market status?

[skreemer7]

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

 

[glide]

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

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.

 

[Super_Popular]

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.

And their crappy condition.

 

[Michflores]

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

 

[Super_Popular]

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

Not mine lol

2014 TESLA MODEL S P85D CPO

 

[glide]

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.

 

[mambro]

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

 

[MarkLy]

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.

 

[durniljr]

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

 

[Fobble]

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

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

 

[durniljr]

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

Potential private party transaction, I appreciate it.

 

[mambro]

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

I don't, but a couple free of high-level checks:

Check Any VIN Free | Free VIN Check | Free VIN Decoder

VIN Recall Search | Tesla Service

Create a free account here, add the VIN to your "garage" and you can POSSIBLY gleam some recorded service:

Free Car Maintenance App and Recall Alerts - myCARFAX

 

[Cheburashka]

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.

 

[FenceSitter]

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.

 

[Zorg]

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.

 

[Super_Popular]

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

 

[PhilDavid]

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

 

[Zorg]

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

 

[Super_Popular]

Looking for a new home:

2014 TESLA MODEL S P85D CPO

 

[deaddog]

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.