ASMills85
Member
All that matters is that you love it!!
Pricing and condition is all subjective as everyone has different standards for what they are willing to pay for different condition vehicles. Like the OP, i did not expect perfection, but major damage was my concern. I saw a few in the $55-$60 range all with some level of damage or flaws.
The only way to really get a deal is if you are able and patient enough to watch one drop from $65-$70 down below $60.
Looking at history. Mine started at $68, and kept dropping. I guess the missing features (21”wheels, red calipers, dual charger) and color combo (black w Grey interior) was not attractive to most.
On the other hand. The one I originally placed a deposit on. Showed history of starting at $59 dropped, some put a deposit, came back at $57, I put a deposit, came back at 57, dropped to $55 and is still there!
The more I am researching, I think they price accordingly to condition and drop at standard (or random intervals).
This is just theory, but maybe it helps those hunting for a CPO (I mean used Tesla).
The starting points seem pretty random. My car started at $82k and sold for $56k. I don’t know if the initial pricing is automated, but I was told by Tesla the price adjustments are all an algorithm that take sale history and trends into account. The pictures and damage inspection are done by a third party company. I wouldn’t be at all surprised if the computer doing these adjustments doesn’t even have the damage information. This whole process seems pretty broken. I kind of think the broken process (and M3) is what is leading to the sudden price drops, and for a bit of a headache I will take it for a $10k+ savings.