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Tesla Model S 70D - Midnight Silver, June 2015, 7k miles, Next Generation Black Leather, Pano Roof,

Discussion in 'Tesla for Sale' started by schonert, Feb 17, 2016.

  1. schonert

    schonert Member

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    Tesla Model S 70D - Midnight Silver, June 2015, 7k miles, Next Generation Black Leather, Pano Roof, Autopilot - $73k

    Built June 2015. Great condition. No dents/scratches. Basically driven to/from work (4 miles total) and few times across a few states. No issues. Just over 7,000 miles. Includes All Glass Panoramic Roof, 19" Wheels, Black Next Generation Seats, Obeche Wood Matte Decor, Black Alcantara Headliner, Supercharger Enabled, Autopilot, and Premier Interior Package. Does have LTE enabled. Was $87,500 new. Would prefer local pickup only, though can work something out if needed. Please contact me by email at [email protected]

    If you have any other questions about it, I'd be happy to answer them. I am willingly to drive wherever in the Midwest within reason to bring the car to you.

    List Date: 2/17/2016

    For more info, click here to view the original listing: Tesla Model S 70D - Midnight Silver, June 2015, 7k miles, Next Generation Black Leather, Pano Roof, Autopilot - $73k
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    On Sale For: $73,000.00

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  2. Dilbagh

    Dilbagh Member

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    #2 Dilbagh, Feb 17, 2016
    Last edited: Feb 17, 2016
    Tesla Model S 70D - Midnight Silver, 7000 miles, Next Generation Black Leathe...

    It seems like the car new (without sales tax) - tax rebate comes out to be around 80K. Sales tax will have to be paid separately by the buyer regardless. So your asking price is rather high. Just for a comparison, a similarly equipped inventory car that I was considering sold for 77K with additional 10K tax credit here in CA.
     
  3. schonert

    schonert Member

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    #3 schonert, Feb 17, 2016
    Last edited: Feb 17, 2016
    Thanks for the info. Rebate was only $7500 for us in the midwest. Would be about $80000 new (rebate included, excluding sales tax). I didn't think there was a tax credit for used Teslas here in the midwest (referring to your 77k with tax credit). I also assume Cali prices are probably a little cheaper overall compared to here with the rebates/supply. I can negotiate some; just contact me if interested.

    Edited price and info.
     
  4. Dilbagh

    Dilbagh Member

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    Inventory cars are eligible for the federal rebate($7500) as they are not registered.
     
  5. schonert

    schonert Member

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    Interesting. Didn't know that. Definitely can't go under $70,000 like the other reply had eluded to with the inventory model. Just interested in selling, but if I can't for the price, then I can't. Thanks for the info.
     
  6. DougH

    DougH Active Member

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    There is nothing wrong with your asking price.
     
  7. eye.surgeon

    eye.surgeon Member

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    It would be cheaper for some to buy a new one here in Central California. So I'd say there is something wrong with the asking price. But the market will decide. Good luck with the sale.
     
  8. schonert

    schonert Member

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    #8 schonert, Feb 17, 2016
    Last edited: Feb 17, 2016
    Appreciate the input. Looking to sell primarily here in the midwest; not California.
     
  9. bsbomber

    bsbomber Member

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    You have not included the Month and Year of build. This info is very important as well. It is on the door plate.
     
  10. schonert

    schonert Member

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    #10 schonert, Feb 17, 2016
    Last edited: Feb 17, 2016
    Thanks. Added. June/July 2015. Right after LTE added.
     
  11. schonert

    schonert Member

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    Still available. If any one is remotely interested and wanting to negotiate, let me know.
     
  12. benfrank3

    benfrank3 Member

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    Did you post an ad on Panjo? I sold my S in under a week thanks to Panjo and a realistic price. And if you put your email address in the ad you might be able to work it outside of the fee... Good luck!
     
  13. schonert

    schonert Member

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    Thanks. Updated.
     
  14. schonert

    schonert Member

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    Is $73k reasonable? I have a few interested, but nothing set in stone. I thought $5000 under brand new was pretty decent, but just wanted to get opinions from others.
     
  15. skitown

    skitown Member

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    My perception is that a lot of buyers on this site would be looking for a price that is closer to the often discussed Tesla CPO formula. Believe that's:


    Original Price (sans tax) - $7500 Fed Credit - $500 per month of ownership (~8 mos) - $1 per mile driven (7K).


    $86,250 - $7500 - $4000 - $7000 = $67,750


    I don't recall how the $1200 destination fee is calculated into CPO pricing, if at all, someone else can chime in on that, or if my figures aren't correct.


    Other things likely on their mind: With CPO, buyers get a refreshed 4 year warranty. With a private sale, they could have the seller purchase the extended and have it transferred. (with some hassle per other threads?) I see pros/cons to both personally; assume others would too.


    The rub with applying the CPO formula to your car is that there aren't many/any cars like yours for sale as CPO yet (just Inventory vehicles) - or even private party, so there may be a market for a higher price. That said, informed buyers probably assume that day is coming and they may be willing to wait it out. M2C.
     
  16. schonert

    schonert Member

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    Thanks for the info. That's really helpful. I do think the estimate is a bit on the low side for my car because like you said, there are no 70D models or even dual motor models in that case available at this time since its a mid 2015 car.
     
  17. zer0cool

    zer0cool Member

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    Skitown's formula is BS. Does that mean after about 60k miles and 4 years, a model S is worthless?

    If so great, I ll just get a bunch of free 85/90D's in a couple years.

    Oh also does it mean if someone droves a lot, say 80k miles over 2 years, their car is already worthless?

    Great, I ll be able to pick up some free 85Ds with 80k miles on them for free this year!
     
  18. skitown

    skitown Member

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    #18 skitown, Mar 8, 2016
    Last edited by a moderator: Mar 15, 2016
    Zer0cool is right, it would seem misguided to try and apply this publicly talked about CPO formula to a car sale in a few years. Or to rigidly adhere to it without other consideration. Things change. Supply and demand, new models, etc. I'm sure whatever formula Tesla uses to set CPO pricing will also change. There's currently a Panjo "Want to Buy" advert for a 70D along these lines though. In the end, it's up to a seller to decide if that's market value or not. Shonert's car looks great to me, I hope he gets what he wants for it, because I'd probably ask about the same if I was in his shoes.


    Tesla Model S 70d with Panoramic Roof
     
  19. knpstr

    knpstr New Member

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    I agree skitown's formula doesn't progress in a linear fashion, but I thought it was common knowledge cars once driven "off the lot" depreciate 10-15%. In this case the rebate comes off the top... so in my opinion. 87,450-7,500=79,950 then 85%-90% of that; so $68,000-$72,000 market value. Your price is fair list price as most people aren't firm on asking price.

    Also what is with the rear headrests? Just folded back up? or permanently dented?
     
  20. schonert

    schonert Member

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    Ahh good catch. From carseats that were just taken out for the pictures. And by carseats, I mean basically having brand new carseats in the car thinking we were going to drive the kids around alot in it and didn't. Dents were only temporary for the time. After a couple hours with them out, the dent/fold/whatever you call it isn't there.

    I still think under $70k is way too low for this car (70D, autopilot, premium leather) that you can't get anywhere else for any cheaper.
     

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