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Scarcity Talk: Model Y SR Resale Value
- Thread starter KromiX
- Start date
It depends on what happens next, ive heard theories that tesla will come out with a SR+ model Y just like they did with M3, and it will have better range for a couple thousand more, or that the LR RWD will finally come, if any of those its true that makes SR less appealing, if it trully is SR for 2 months or LR AWD, i can see SR owners not loosing much value as it would be the cheapest model y by alot
SDM44
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Technically, the SR is still available but just 'off menu' where you will either need to call Tesla and place your order with a SA over the phone, or go into a Tesla store and place an order with a SA there. There's no longer an online ordering option available at this time.
If the Model Y SR model is actually discontinued later on, then you might have a small market of people looking for a used Model Y SR in the future and that could help hold the resale value of the SR. However, it's going to depend on what Tesla is currently offering at that time, and what other EV manufacturers have available for sale. With the announcement of the Ioniq 5, there might be some people who were considering the Model Y SR but may like the appearance of the Ioniq 5 more... just as an example.
I will say that I haven't really seen Model 3 SR models (no AP, and a 220 mile range) really selling out there, and if they did they were close to 30k but never below that. Don't know if or how fast they sold, but that's probably the closest example you can relate the Model Y SR to.
If the Model Y SR model is actually discontinued later on, then you might have a small market of people looking for a used Model Y SR in the future and that could help hold the resale value of the SR. However, it's going to depend on what Tesla is currently offering at that time, and what other EV manufacturers have available for sale. With the announcement of the Ioniq 5, there might be some people who were considering the Model Y SR but may like the appearance of the Ioniq 5 more... just as an example.
I will say that I haven't really seen Model 3 SR models (no AP, and a 220 mile range) really selling out there, and if they did they were close to 30k but never below that. Don't know if or how fast they sold, but that's probably the closest example you can relate the Model Y SR to.
Needsdecaf
Active Member
If Tesla does stop selling it, it “could” hold it’s value more than most new cars since it will be the cheapest way to get a Model Y. It isn’t going to be suddenly worth only $30000, when the next model up costs at least $50,000 with fees. My best guess would be in the range of $35,000-$40,000 for the next year or so (if they don’t release a new budget model) depending on miles. Beyond that is totally unpredictable since a lot can happen.
In my experience with selling two of my prior vehicles to CarMax they made very generous offers. I asked the CarMax specialist why they offered me the price they did. They said it was because the vehicle was less than 7 years old, less than 70k miles and had all of the factory options. My second experience with CarMax was similar in that I sold my 4 year old Chevy Volt Premier with all of the factory options (except Navigation) including the adaptive cruise control (a very desirable option only available starting with the May/June '16 factory builds of the 2017 Volt Premier.) Used vehicles loaded with factory options sell faster and for a higher price. With a Tesla vehicle the options are limited or are software options that can be purchased at a later time. If you consider the Long Range battery an option and Dual Motor or Performance Upgrade Package as options then Tesla vehicles with these configurations should sell more quickly than Standard Range vehicles.
I have my doubts on the "off menu" coment from Elon, my bet is that they will sell all of the SR inventory they have and not make anymore, i have not seen anyone mention that they were able to order a new built "off menu" (in regular times you could refuse an inventory car if it didnt have new center console or heated steering wheel) but i doubt you could do that now.
I have my doubts as well. I have been following him for a couple of years and can think of multiple times his comments are inaccurate (one that comes to mind is the LR RWD he said they are releasing in a few months last summer, as well as FSD, robotaxis....the list goes on).
It hurts resale value. Things people value when it comes to Tesla:
As much range as possible
Dual motor performance and efficiency
This has neither.
As much range as possible
Dual motor performance and efficiency
This has neither.
It absolutely helps the resale. On the used market, it will be the lowest entry point into a tesla model Y which then has access to more buyers (more demand) which will push prices up towards its more appointed (LR) brethren.
dunno. My belly button dust is pretty rare. How much will you pay for it?
