whisperingshad
Active Member
Good Catch, i didnt see the FSD.
Makes me wonder if they doing the 2k for AB since they quoting 4.2s 0-60
Makes me wonder if they doing the 2k for AB since they quoting 4.2s 0-60
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Used Prices/Valuations dipping?
- Thread starter tkram82
- Start date
Yeah. I mean it hasn’t sold.You mean from the 10 minutes ago when I made my post… yeah I guess so.
So maybe not a great example?
The vehicle you posted also has the worthless FSD tax of $12K applied. Remove that, and it is a feasibly priced car. Again, not a great example.
Lol Tesla’s used car prices have remained fairly constant over the past month and sure enough cars just disappear at these prices from their site as I’m sure this one will if we give it a bit more than an hour or so. Tesla has no interest in being a used car dealership, they price to sell and they do sell their inventory quickly (just not instantly as you believe is required to prove a car’s worth)
And that’s not how it works with FSD, FSD doesn’t add or subtract 12k from the price in the used market. It roughly adds about 3k to the value if you’re lucky.
I guess if you’re going to choose to be obtuse enough to believe Tesla isn’t pricing inventory accurately to sell then yeah, I guess that’s probably a good takeaway from my example for you.
I started a thread recently about the large amount of vehicles in inventory within 50 miles of me. Not Tesla inventory but available for sale. Over 300 Model 3 and 160 Model Y. Many of them have been sitting since early July. Auction used prices have been steadily dropping for the past month +. Will start showing up in retail prices very soon. These dealers trying to scalp these vehicles will likely be taking significant losses.
I still think Tesla will hold its value I just don't think you will get 10k above MSRP for a used vehicle with 30k anymore. Economic situation may cause a more severe dip in prices next year....hard to say for sure.
I still think Tesla will hold its value I just don't think you will get 10k above MSRP for a used vehicle with 30k anymore. Economic situation may cause a more severe dip in prices next year....hard to say for sure.
whisperingshad
Active Member
62k for an MYP with 500 miles is nuts, even in this slightly depressed market. They were going for 77ish a month ago.
Typical market correction. More EV’s are becoming available and some are very compelling. Tesla has probably lost some of its lustre as well with reports of its spotty quality becoming more widespread.
Olle
Active Member
The stock market already crashed btw, a lot of tech stocks as much as 70-80% this year. The stock market sometimes predates the housing market by a year or two, so yes, get ready.
For the car prices I guess it's ICE that will see a collapse. Remember that we are in the middle of an intensifying transition to EV which would work against an EV slowdown. Even though its changing, it's still largely the richer population who drive EVs, many of whom don't care about mundane stuff like mortgages and jobs... They buy the car they want, when they want. Based on those factors, IMHO any drop in EV prices will be mild.
whisperingshad
Active Member
ZenRockGarden
Active Member
Cargurus has a pretty decent price-trend tracker driven by all the listings they handle, which is a lot.
It's showing about a $2k drop in 2022 Model Y used prices from the peak a bit more than a month ago.
Yes, there might be some lag in their system, but I think it reflects overall price trends fairly well, with the obvious disclaimer that localized supply/demand situations will always exist.
It's showing about a $2k drop in 2022 Model Y used prices from the peak a bit more than a month ago.
Yes, there might be some lag in their system, but I think it reflects overall price trends fairly well, with the obvious disclaimer that localized supply/demand situations will always exist.
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whisperingshad
Active Member
Lol probably all those people trying to scalp Teslas are now going to lose money HAHAHAHHAHAA
I would try a local dealer. I just sold my Model 3 yesterday in anticipation of my upcoming Model Y delivery. Carvana gave me a shocking offer on my Model 3, prompting me to act very quickly. The best online offer I got was 5k+ higher than Carvana’s which appeased me a little. Then eventually a local dealer beat that offer by 1k. I took a risk and sold the car before I am to take delivery of the new car to avoid the risk of a price drop. I hope the delivery goes well or I’m gonna be car-less for a while…
The valuation drop in the last 3 months was staggering though. My Model 3 dropped by over 10%. The market is cooling down rapidly. If you’ve been looking to sell, better do it now than wait.
The valuation drop in the last 3 months was staggering though. My Model 3 dropped by over 10%. The market is cooling down rapidly. If you’ve been looking to sell, better do it now than wait.
I have a local GM dealer that had 23 used Tesla Model 3’s in his lot 2 weeks ago. They are still there.
Carvana just offered me 53k on my brand new MYP. Comical at this point.
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