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Resale Value of Performance Model 3 vs. LR AWD

Discussion in 'Model 3: Ordering, Production, Delivery' started by j-fish, Mar 7, 2020.

  1. j-fish

    j-fish New Member

    Joined:
    Feb 20, 2020
    Messages:
    4
    Location:
    Pasadena, CA
    OBVIOUS NOTE: Yes, this may sound like a rational way to justify purchasing the P3D+. That aside, my interest is to determine how the value is holding up of the Model 3 Performance versus the LR AWD vehicles. So I pulled a rough sample across the country of all the used Model 3 P3D+ and LR AWD cars (2018 & 2019) currently for sale that I could find. Based on "for sale prices" only (not sold), the rough calculations look like the P3D+ vehicles are still averaging about $7K more after both the 2018 and 2019 years. Again, I don't know how the sold prices vary between the two vehicles.

    Anyone have any better information? Granted there will always be less supply of used P3D+'s on the market because they don't sell anywhere near as much as the LR AWD vehicles (and less leases) and people who buy P3D+s probably keep them more often. This may drive up the resale price a bit but hard to estimate. Looking for more information that someone else has already come across. Thanks!
     
  2. Mr. Burrito

    Mr. Burrito Member

    Joined:
    Oct 19, 2019
    Messages:
    185
    Location:
    America!
    You can search Ebay motors by sold listings to see what people actually paid.
     
    • Disagree x 1
  3. Knightshade

    Knightshade Well-Known Member

    Joined:
    Jul 31, 2017
    Messages:
    10,003
    Location:
    NC
    Yeah you'll need data on sold prices, which is probably relatively few and far between.

    Listed prices is gonna not help a ton, especially for older ones.

    The MSRP difference was as much as $16,000 at one point in 2018, so a 7k difference is pretty terrible depreciation on the P in that example. OTOH it's now "only" about $8000 so 7k looks pretty good by that standard.
     

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