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Tesla Loaner Sale

Discussion in 'Tesla for Sale' started by Manzacoty, Jun 26, 2017.

  1. Manzacoty

    Manzacoty Member

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    Tesla is running a lot of their loaners through auction in Nevada this week.

    Here is a link to the run list.


    workbook062617.csv

    If you are interested in receiving weekly emails with Tesla's going through auction - please sign up for my weekly mailing list. (I do not sell, share or spam)

    Tesla Weekly

    Let me know if you see anything you like and I can send you pictures and a condition report. I can also assist with the purchase if you are interested.
     
    • Informative x 2
    • Like x 1
  2. Haxster

    Haxster Member

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    I was sort of interested in the 4 Cylinder Model S on line 22, but really want a V6.o_O
    4 Cylinder.jpg
     
    • Funny x 4
  3. kwjayhawk

    kwjayhawk Member

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    Those prices seem to be running higher than the 2yr CPO vehicles. Any guess those are the prices they will sell at?
     
  4. cgiGuy

    cgiGuy Active Member

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    Do you have to be a dealer to bid?
     
  5. Manzacoty

    Manzacoty Member

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    MMR takes a little while to adjust. Last weeks sale was mostly under MMR.
     
  6. Manzacoty

    Manzacoty Member

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    You do - or know a dealer to bid on your behalf. :)
     
  7. rgalmeida34

    rgalmeida34 Member

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    I'd be interested in finding out if Line 14, 20 and 27 have AP1
     
  8. Xolt

    Xolt Member

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    Im a dealer and I just looked down the run list of the cars going through. Manheim never lists if a car has auto pilot or not, not even on the '16 S P100. You could probably run the VIN's and see if Tesla has them listed as CPO cars.
     
    • Informative x 1
  9. HankLloydRight

    HankLloydRight Fluxing

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    Save the effort -- I already did that, and none of the VINs listed have appeared on Tesla's CPO/Used site.
     
  10. BrettS

    BrettS Member

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    14 definitely does not... the VIN is too low to have AP1 hardware. 27 definitely has AP1 hardware as all 2015’s do. 20 very likely has AP1 hardware as well based on the VIN number. Worst case with 20 and 27 you could pay extra to enable AP1 if it’s not already enabled.
     
    • Like x 1
  11. Bazz

    Bazz New Member

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    Do you have an estimate/guess at the average discount to MMR? 5%? 10%
     
  12. David99

    David99 Active Member

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    Is that Tesla selling these loaners or is a separate company handling all this? I find it slightly sarcastic that Tesla is totally against dealers but when selling their loaners you have to be a dealer to bid on these? So they are making sure these cars end up with dealers.
     
  13. Akikiki

    Akikiki A'-Lo-HA ! y'all

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    I'll bet Jay Leno would want to grab that one up for his collection.
     
  14. rgalmeida34

    rgalmeida34 Member

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    Wait so do you have to be a dealer to actually bid/buy these cars?...
    oh well that's too bad. Why only dealers allowed?
     
  15. Akikiki

    Akikiki A'-Lo-HA ! y'all

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    Tesla has a policy. The Extended Service Agreement (additional 4 year/50K) warranty can not be purchased for a Tesla that has been owned by a dealer. Same policy does not apply if the used Tesla is purchased from a private owner. Check to confirm before you buy one from a dealer.
     
  16. Xolt

    Xolt Member

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    #17 Xolt, Jun 27, 2017
    Last edited: Jun 27, 2017
    The venue is Manheim Auctions, they are by far the largest auction company and a dealer to dealer auction. Cars are sold with reserve and thousands change hands everyday. The auction sales are no hassle to Tesla plus the auction can do reconditioning to the cars in house such as they have done to some of these cars. Tesla is not equipped to do the repairs in house and probably just wants out of excess hard to sell inventory and the MMR values are very accurate. Tesla will sell at auction rather than at a lower retail price because of the finality of the sale and it helps maintain higher resale values. If they retailed used cars at a lower price they would hurt new and CPO car pricing and that is where they make money. Virtually all large dealers wholesale cars.
     
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  17. Xolt

    Xolt Member

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    #18 Xolt, Jun 27, 2017
    Last edited: Jun 27, 2017
    MMR is a very accurate estimate of the sales price because it is based on actual sales of the cars at Manheim auctions. If the price is lower than MMR there is usually a reason for it being a less desirable car than others of the same make, model, year and condition. MMR factors in the previous recent sales of the same car, it's condition rating and miles. The MMR is so accurate that Manheim knows the car can be resold by them again at the approximate same price they will offer DealSheild, a guarantee that can be purchased at time of sale so a dealer can return the car and get a full refund of purchase price and buyer fees no questions asked if the dealer can't resell the car in 21 days as long as the car is in the same condition and hasn't driven over 500 miles.
     
  18. HankLloydRight

    HankLloydRight Fluxing

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    (serious question)-- why have an auction at all? Why not just sell the cars at MMR price? How often do cars go above MMR price and by how much?
     
  19. kev1n

    kev1n Member

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    that isnt very true at all. at least not for the Tesla's that run through manheim, I've actually taken a dive into it for a few months and the prices are all over the place, I've seen them sell for as low as 10k under MMR and they do sell above the stated MMR. it really depends who is there that day and what they are willing to pay. the MMR is also not accurate because it does not take into account the options the car has. remember this is a live auction, there really is no telling how much a car can or cannot sell for.
     

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