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Why are P85D's "cheap" now?
- Thread starter twonius
- Start date
Brando
Active Member
If P85D's are getting cheap and people can grab them, why not? Just reading around on the forum here over the past months...
- People that have P85D's love them
- They go like a stabbed rat
- Seems they don't have question marks about the batteries like the 90's (unqualified i've no experience with a 90)
- Pre face lift brings the price down and some even prefer (or are indifferent to) the pre/post face lift
- As far as 'historic Tesla's' go they have a certain significance, a certain je ne sais quoi
- If you can get one CPO with 4 years warranty, happy days
- People that have P85D's love them
- They go like a stabbed rat
- Seems they don't have question marks about the batteries like the 90's (unqualified i've no experience with a 90)
- Pre face lift brings the price down and some even prefer (or are indifferent to) the pre/post face lift
- As far as 'historic Tesla's' go they have a certain significance, a certain je ne sais quoi
- If you can get one CPO with 4 years warranty, happy days
I just snagged my first Tesla. A 2014 CPO P85D+ with 44k miles for $59.4k. Seems to be fully loaded. My threshold was $65k but then prices just went rock bottom fast so I waited until $60k or less than made the jump. Picking her up this weekend hopefully in Chicago. Then 3 day drive back home
diplomat33
Average guy who loves autonomous vehicles
Aren't these cars mostly "Pre-AP1" meaning they have no AP hardware at all, not even AP1? That could be a big reason for the depreciation. Now that V9 has come out and the value of AP2 has increased so significantly, the value of cars with no AP hardware at all will decrease significantly.
All P85Ds have AP1 hardware. AP1 was introduced at the same time as the dual motor.
So this is really just a sneak peak at what the AP2 depreciation curve will look like once AP3 is released.
diplomat33
Average guy who loves autonomous vehicles
Oh ok. I was thinking of just the P85, no D. But I think that V9 will cause AP1 to also depreciate a bit too, just not as much.
Uncle Paul
Well-Known Member
People also fail to take into consideration the $7,500 to $10,000 or more Tax Credits and state rebates that apply to new EVs. That significantly reduces the net depreciation that should be factored in.
For me, this represented more than a 10% reduction in cap costs. Think we compare well to people that purchased Mercedes E-S class or BMW 5-7 Series.
Add in significant savings on fuel plus free Supercharging and the deal keeps getting better and better.
For me, this represented more than a 10% reduction in cap costs. Think we compare well to people that purchased Mercedes E-S class or BMW 5-7 Series.
Add in significant savings on fuel plus free Supercharging and the deal keeps getting better and better.
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SF bay area cars & trucks "P85D" - craigslist in the Bay Area.
Most are in the high 60s to mid 80s. If you're lucky enough to find one in the mid 50s, then it's probably thrashed. Even on ebay, the lowest sold ones are mid to high 60s.
After ALL of the rebates I've gotten I'm into it for $112K nearly maxed out. Pretty sure I could get low 70s for it given it's mint and I live in about the highest resale price market. No scratches, swirls or anything.
Can't think of any other car on the planet that would hold up like that.
Most are in the high 60s to mid 80s. If you're lucky enough to find one in the mid 50s, then it's probably thrashed. Even on ebay, the lowest sold ones are mid to high 60s.
After ALL of the rebates I've gotten I'm into it for $112K nearly maxed out. Pretty sure I could get low 70s for it given it's mint and I live in about the highest resale price market. No scratches, swirls or anything.
Can't think of any other car on the planet that would hold up like that.
It's not crazy because the OPs assertion that you can pick up nice P85Ds for $55K is not true.
It's because of the nosecone!
Yea, because the facelift squat duck bill look is sooo much better looking than the DB-9 look
Guess I’ll find out when I fly out to Chicago to pick her up. Pictures can only tell so much of the story. I have a refundable ticket back if needed, but hopefully don’t need to follow through with that option
Here’s the pictures Tesla gave:
WeGoLook Tesla Location - Vehicle Condition Report: Job #3661 4816
Does that even cover the sales tax in CA?
Nope but you can't count sales tax as depreciation since the next guy who buys it ALSO has to pay sales tax.
Nope. Willing to shift my deposit to a different model if there's damage that wasn't documented in person. Risky business? Yes. But minor cosmetic problems don't bug me in general. Of course major body damage is a different story.
Tried asking for more pictures (close up of the touchscreen for scratches, headliner in the car) but Tesla rep says they can't get anymore than what's already in the system. Don't know if I believe him
It really is. I got mine for $56k with a pretty big scratch in the quarter and door. Maybe you would say that doesn't qualify because of the body damage. I only picked this over the rest because it had Ludicrous as well. I strongly considered a 2014 that wasn't highly optioned for $52k. It was in amazing condition and came with Tesla's CPO warranty, it was probably one of the nicest cars I saw in my search. Since I was set on Ludicrous I passed on a lot of vehicles not only in the mid 50s range but in the low 50s. Many of them in great condition.
It gets taxed twice (or more)?! How is that legal?
CA tax was the reason I did not buy a Tesla there. I was not a resident and they still demanded it. Crazy.
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