Exactly. Besides clearing out old inventory of the old nosecone, I think they're trying to sell off less desirable facelifts (color, fabric seats, etc). My used car advisor tells me that cars are lasting for only a few minutes on the site which I believe is BS. There is no way Tesla sold 60-80 cars while I slept for 6 hours.
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Tesla Used Inventory Down 30%?
- Thread starter spy4007
- Start date
Exactly. Besides clearing out old inventory of the old nosecone, I think they're trying to sell off less desirable facelifts (color, fabric seats, etc). My used car advisor tells me that cars are lasting for only a few minutes on the site which I believe is BS. There is no way Tesla sold 60-80 cars while I slept for 6 hours.
I was hoping it would be soon after but in fact they've gone up. Assuming when June leases come in, we'll see some nicer prices.
i've noticed that prices tend be at its lowest at the end of quarter. maybe i'm being hopeful though
It seems to me that the quantity of cars listed has returned to normal. The old Model S's I tend to look at seem to have stopped the auto adjust on the prices. Could be just the cars I look at, not all of them, I don't know.
I bought one during the low period and still feel like I got a reasonable deal.
The price they offered me on my sub 100k P85+ was so painful I am disposing of it via another dealer. Worse still I got an initial quote from them before I placed the order, then the official quote was 3500 less. I had already planned to run it elsewhere anyway before that, but if I hadn't I would have been unhappy.
Happy hunting
I bought one during the low period and still feel like I got a reasonable deal.
The price they offered me on my sub 100k P85+ was so painful I am disposing of it via another dealer. Worse still I got an initial quote from them before I placed the order, then the official quote was 3500 less. I had already planned to run it elsewhere anyway before that, but if I hadn't I would have been unhappy.
Happy hunting
BoerumHill
not great not terrible
10-15 days ago (?) they chopped, on average, $3K from a ton of 100kWh vehicles. Almost all of them went up $900-1,000 in the past few days.
Spano1
Member
They chopped $3k from many the day after the refresh and like you said, up $1k now.
Very informative thread. I was thinking of grabbing a second car, but now all the cheap examples with auto pilot are 5k higher!
I got a late 2014 s60 with ap1, smart suspension and panoramic roof for only $31.5! That was two weeks ago and there were some decent choices that would drop to 33-34 range and even some 2015 70d w autopilot for 36.5. Now, not much close to those numbers. Do you guys think at the end of the quarter some more inventory will be price cut?
I got a late 2014 s60 with ap1, smart suspension and panoramic roof for only $31.5! That was two weeks ago and there were some decent choices that would drop to 33-34 range and even some 2015 70d w autopilot for 36.5. Now, not much close to those numbers. Do you guys think at the end of the quarter some more inventory will be price cut?
Yes, for two reasons:
1) Tesla wants to make quarterly numbers good. Sitting on unsold inventory doesn’t help their numbers.
2) Because Tesla has often (always?) in the past had a big push of deliveries late in each quarter that’s also when a lot of leases end and cars come back. Hence, a double whammy of more cars in inventory at end of quarter and Tesla incentive to look good to Wall St means end of quarter is the time when you’re most likely to get a good deal from Tesla or any other car dealer.
1) Tesla wants to make quarterly numbers good. Sitting on unsold inventory doesn’t help their numbers.
2) Because Tesla has often (always?) in the past had a big push of deliveries late in each quarter that’s also when a lot of leases end and cars come back. Hence, a double whammy of more cars in inventory at end of quarter and Tesla incentive to look good to Wall St means end of quarter is the time when you’re most likely to get a good deal from Tesla or any other car dealer.
Looks like no cars added today. Haven't seen that happen before. Looks like they're really trying to get rid of old nose inventory since there are only 37 facelift models available.
PDACPA
Member
Anyone notice how they changed the Quick View of the used cars? When you hit the Quickview, it is showing the stock Tesla photo and the right arrow sometimes shows the actual car without having to request photos.
Just noticed that after you posted. It makes sense. Having to request photos was a little archaic. Maybe they’re amping up the used program?
PDACPA
Member
I really want a facelift model and they are popping up here and there. Those leases are coming in and I think (as someone mentioned earlier in the thread) that they are trying to push the old nosecone models before putting all the facelift models out there. Once the facelifts are there, the old nosecone prices are going to go down.
Rogue Synapse
Member
Wow, down to 261 now from a high I remember of 1200-1300 just over a month ago. Something’s happening for sure. Interesting that the average price has stayed remarkably stable at around $47-48k during this whole time.
Not to mention it all looks like stale inventory now. Only 25 facelift cars available, most of which are just sitting around and lacking upgrades such as Next Gen seats, PUP, etc. It's almost as if they don't even want to introduce new inventory until these sell.
PDACPA
Member
@Bruin21 I agree about the stale cars. There is a P85+ with no AP that has been on there for weeks. Any of the facelift cars are mostly 70's. I think you are right. They are trying to unload the old inventory in combination with the fact that the facelifts came out in April 2016 (not sure when in April) so those leases are just starting to roll in. At some point they are going to need to start unloading the lease returns.
I am patient and in no rush to buy their old inventory.
I am patient and in no rush to buy their old inventory.
Don TLR
Active Member
Rogue Synapse
Member
I just bought one in the last 2 weeks. I am personally responsible for the P85D drought. Ha
Don TLR
Active Member
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