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value of P85

sjb1077

Member
May 18, 2016
10
5
eldon, mo
Just got off the phone with Tesla on Fremont, CA. They called wanting me to trade in my 2014 P85 with 35,000 miles for new P100D. Obviously very interested but thought offer was a little off. I can exercise the resale guarantee but not for another 4 months. Preautopilot / PreAWD. Has every option available at time except air suspension. I thought it was low ball at 55,000 but again it is pre major update. Anyone have any thoughts? Not a P85+
 

andrewket

Well-Known Member
Dec 20, 2012
5,704
1,525
I don't have an opinion to share on the value of your P85, as I have not been following that market. However, I find it interesting that Tesla cold called you to sell you an upgrade. We they offering any special pricing on the P100D?
 

andrewket

Well-Known Member
Dec 20, 2012
5,704
1,525
Tesla would have to offer a hell of a deal on a trade up from my 2014 P85D to a P100D. More likely my P85D will be traded in on a fully loaded M3 with AP2. Or a P100D+ with AP2.
 
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number12

Supporting Member
Aug 16, 2016
1,535
769
Tesla
I think that offer is good... not much research, but interesting to see how many "resale value" threads have been starting lately.

Tracking
 

Footer

Member
May 5, 2014
295
154
The Villages, Florida
Seems low. They offered $52,000 for my S85 with 25,000 miles. $90,000 MSRP. I'm sure your MSRP was much higher.

I keep checking out EV-CPO and some of the threads here looking for good offers on P90Ds but I always come to my senses. Tesla doesn't make a car that is worth $50,000 more than my car, at least to me. Yeah, I would love to have AP for my annual trip to Charlotte. It would be fun to have neck breaking acceleration to show my friends a few times a year, but I can get my fix with the loaner.
 
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AMPd

Active Member
Nov 27, 2012
4,271
3,414
Northern California
Seems low. They offered $52,000 for my S85 with 25,000 miles. $90,000 MSRP. I'm sure your MSRP was much higher.

I keep checking out EV-CPO and some of the threads here looking for good offers on P90Ds but I always come to my senses. Tesla doesn't make a car that is worth $50,000 more than my car, at least to me. Yeah, I would love to have AP for my annual trip to Charlotte. It would be fun to have neck breaking acceleration to show my friends a few times a year, but I can get my fix with the loaner.
I received 51,400 for my s85 with 45k miles
 

Camera-Cruiser

Fully Charged
Dec 4, 2015
773
795
Fullerton, CA
All that matters is if it works for you. I think its low, but that's not really the question. If you want the 100D, and don't want the hassle of selling private party, then ask if they will bump it up a few thousand. I doubt they started of with their best and only offer. They need to book $140,000 car orders. They may have more latitude than you think.

and, there is this....
Elon Musk Is Worried About Tesla's Cash Burn -- For 'The Next 4.5 Weeks'
 
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sjb1077

Member
May 18, 2016
10
5
eldon, mo
An interesting update... After a little research That 55,000 is right around my resale guarantee that starts in 3/17. They said they will honor my guarantee now. I asked what they will do in March next year. They said they will give me the same price as they will now but I should take the deal because my car isn't worth that much. I asked what it will be worth in 3/17 without the guarantee. I heard crickets. So I think I'll wait until March.
 

number12

Supporting Member
Aug 16, 2016
1,535
769
Tesla
An interesting update... After a little research That 55,000 is right around my resale guarantee that starts in 3/17. They said they will honor my guarantee now. I asked what they will do in March next year. They said they will give me the same price as they will now but I should take the deal because my car isn't worth that much. I asked what it will be worth in 3/17 without the guarantee. I heard crickets. So I think I'll wait until March.
So they said we will give you $55,000 now or we will give you $55,000 in March of 2017... With same miles or unlimited miles?

Second question. Were they being serious?
 
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whitex

Well-Known Member
Sep 30, 2015
6,383
7,562
Seattle area, WA
An interesting update... After a little research That 55,000 is right around my resale guarantee that starts in 3/17. They said they will honor my guarantee now. I asked what they will do in March next year. They said they will give me the same price as they will now but I should take the deal because my car isn't worth that much. I asked what it will be worth in 3/17 without the guarantee. I heard crickets. So I think I'll wait until March.
Why would offering the same price now be a "deal"? Are you paying some outrageous interest rate (since that is basically your cost between now and 3/17)?
 

Footer

Member
May 5, 2014
295
154
The Villages, Florida
Why would offering the same price now be a "deal"? Are you paying some outrageous interest rate (since that is basically your cost between now and 3/17)?

That's what number12 was alluding to in his post. Since the car devalues $500-$1000/month a reasonable person would expect the trade-in value today to be significantly higher than in March. Does Tesla take the OP for a chump?
 

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