I thought I would post this to the community to see if Tesla is way off the mark trade in value wise or is it just me expecting to much?
Background:
We bought our model S on 12/30/16. So the car is about 7.5 months old. The car is fairly well loaded.
Model S P100D:
Gray
AP2 Hardware/Software
Premium Upgrade Pkg.
Adjustable Air Suspension
Black Leather Interior W/upgraded Heated/Cooled Seats
Black Alcantara Headliner
Upgraded Carbon Fiber Accents
Upgraded Premium Sound
Fully Opening Sunroof
Unlimited Supercharging Attached To The Car
Mileage is currently 6,700 miles.
The car originally was in the mid $150,000 range. I did receive a discount because it was a showroom car and had 150 miles on it.
After driving the car, we decided we need a little more room for luggage because we travel a fair amount, So, back in May we contacted our local Tesla store and said we wanted to look at getting a model X. At the time the car had about 3,500 miles on it. So we have added about 3,000 miles since that time. In May we asked what Tesla would give us on a trade in. They came back with a price of $125,500 and we could keep the car until our New X would come in. We got busy and waited until a week ago and decided it was time to order our model X. So, we went to the Tesla store again. We asked what they would give us with the additional 3,000 miles on the car and three months older, I was floored.....$117,000. SAY WHAT. They dropped the trade in value by almost $10,000 with only 3,000 additional miles and three months of age added.
When we talked to them in May they told us they typically mark up the trade ins by about $10,000. The last CPO P100D with AP2 I saw on Tesla's site just a short time ago went for around $138,000+. They are selling for upper $130s to low $140 on EBay. I just found it very Bizzzzzare that in such a short time and with only 3,000 more miles they would drop the price so much. Especially when they are getting the sale of a new loaded model X 100D along with the trade in. It is usually typical that you get a higher price when trading in and buying a new car.
So, what is my car worth? I think since it has the unlimited supercharging attached to the car it should go in the $138,000 range? I would love to hear other peoples opinions on value. I think trade in value at more then $35,000 less then sticker price in about 7 months and 6,700 miles is crazy. Maybe I am wrong?
Thanks,
Background:
We bought our model S on 12/30/16. So the car is about 7.5 months old. The car is fairly well loaded.
Model S P100D:
Gray
AP2 Hardware/Software
Premium Upgrade Pkg.
Adjustable Air Suspension
Black Leather Interior W/upgraded Heated/Cooled Seats
Black Alcantara Headliner
Upgraded Carbon Fiber Accents
Upgraded Premium Sound
Fully Opening Sunroof
Unlimited Supercharging Attached To The Car
Mileage is currently 6,700 miles.
The car originally was in the mid $150,000 range. I did receive a discount because it was a showroom car and had 150 miles on it.
After driving the car, we decided we need a little more room for luggage because we travel a fair amount, So, back in May we contacted our local Tesla store and said we wanted to look at getting a model X. At the time the car had about 3,500 miles on it. So we have added about 3,000 miles since that time. In May we asked what Tesla would give us on a trade in. They came back with a price of $125,500 and we could keep the car until our New X would come in. We got busy and waited until a week ago and decided it was time to order our model X. So, we went to the Tesla store again. We asked what they would give us with the additional 3,000 miles on the car and three months older, I was floored.....$117,000. SAY WHAT. They dropped the trade in value by almost $10,000 with only 3,000 additional miles and three months of age added.
When we talked to them in May they told us they typically mark up the trade ins by about $10,000. The last CPO P100D with AP2 I saw on Tesla's site just a short time ago went for around $138,000+. They are selling for upper $130s to low $140 on EBay. I just found it very Bizzzzzare that in such a short time and with only 3,000 more miles they would drop the price so much. Especially when they are getting the sale of a new loaded model X 100D along with the trade in. It is usually typical that you get a higher price when trading in and buying a new car.
So, what is my car worth? I think since it has the unlimited supercharging attached to the car it should go in the $138,000 range? I would love to hear other peoples opinions on value. I think trade in value at more then $35,000 less then sticker price in about 7 months and 6,700 miles is crazy. Maybe I am wrong?
Thanks,