What impact will Model 3 have on the resell value of a 2013 Model S? I am considering buying a 2013 S now, and then selling in two-ish years when Model 3 is available. I worry the resell value is going to tank when the 3 comes out. Thoughts?
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a 2013 model has already taken a good depreciation hit. while I don't think that you'll ever see it's value higher than whatever you paid for it, I don't see it taking a massive hit again. the guys who will take a bigger hit are the ones who buy an S after the 3 is in production and proves itself a viable purchase.What impact will Model 3 have on the resell value of a 2013 Model S? I am considering buying a 2013 S now, and then selling in two-ish years when Model 3 is available. I worry the resell value is going to tank when the 3 comes out. Thoughts?
Thank you. Part of my motivation for buying a used S as an investment. The other half wants and desires it’s an incredible green car and I want to drive it everywhere! My thinking and approach is an in-between step until Model 3 is available. If I buy a 2013 S and drove it for two years, with the intent to sell in late 2018, then I would need to sell if for at least $21k to pay off the loan and break even. (assuming there are no costly repairs) The hope is that a 2013 S will still fetch $30k or higher in late 2018. (with that difference applied to a 3) However, this feels like a stretch seeing a brand new Model 3 starts at $35k. So this brings me back to the rhetorical question: will someone still pay that amount for an S with high miles on it when new M3 with full warranty etc is only a few thousand more? I am thinking out loud at this point. I know this is all speculation with impossible variables to consider, but many of you have great instinct with trends so I really appreciate the feedback.
A 2013 Model S will be worthless in 2019. Didn't you hear about all the Tesla Killers coming in 2020. Some will have up to 300 miles of range!
Yikes! No, can you expand on this?A 2013 Model S will be worthless in 2019. Didn't you hear about all the Tesla Killers coming in 2020. Some will have up to 300 miles of range!
Yikes! No, can you expand on this?
do you really think that is so?Model S price will tank. Model X willl cling on. If money is a concern, do not buy a new Model S now. Get a nice used one or wait for Model 3.
hmmm, all those guys who buy those exoctics and restorations might not share your views on investing in cars.A car is not an investment, whether new or used.
what is your Iphone 5 worth these days?Yikes! No, can you expand on this?
down the road all of these teslas will be functionally obsolete as technologies of the batteries, FSD evolve. just like the cars of the 60-70s seem crude to what can be bought now.A 2013 Model S will be worthless in 2019. Didn't you hear about all the Tesla Killers coming in 2020. Some will have up to 300 miles of range!
Some of those crude 60s-70s cars are worth more now than their original purchase price.down the road all of these teslas will be functionally obsolete as technologies of the batteries, FSD evolve. just like the cars of the 60-70s seem crude to what can be bought now.