TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker or making a Paypal contribution here: paypal.me/SupportTMC

Why so many resell model S with less than 10k miles?

Discussion in 'Model S' started by Jasvo, Oct 12, 2014.

  1. Jasvo

    Jasvo Member

    Joined:
    Oct 12, 2014
    Messages:
    8
    Location:
    usa
    Hi y'all, IMO Tesla seems to be a great car to drive. I don't have one yet but will aim for one when my pocket is deep enough. My concern is why so many of them are reselling with less than 10k miles, is there somethig wrong with it or is it just not reliable enough to keep as normal gasoline vehicles?

    by the way, I'm new here so please welcome me :biggrin::biggrin:
     
  2. ToddRLockwood

    ToddRLockwood Active Member

    Joined:
    Sep 11, 2012
    Messages:
    1,263
    Location:
    Burlington, Vermont
    #2 ToddRLockwood, Oct 12, 2014
    Last edited: Oct 12, 2014
    Welcome Jasvo! I'm not sure what you mean by "so many." Occasionally, you'll see low-mileage Model S cars at non-Tesla dealers, often with every available option on them. This, to me, says one thing: buyer's remorse. Probably bought by someone who did no research and bought the car on a whim. Car-flippers are common to luxury brands.
     
  3. Yggdrasill

    Yggdrasill Active Member

    Joined:
    Feb 29, 2012
    Messages:
    2,540
    Location:
    Kongsberg, Norway
    Right now, the issue is that many people are selling off their Teslas (especially the performance versions) to get the new P85D, announced on thursday. Over here in Norway, the number of Model S being sold on the largest car buying/selling site has increased from 58 to 104 in the last three days! That's an increase of 80%, probably almost exclusively because of the S85D/P85D.

    I assume the situation is similar in the US - people need to clear out their garages in anticipation of their new P85Ds.
     
  4. Cosmacelf

    Cosmacelf Active Member

    Joined:
    Mar 6, 2013
    Messages:
    3,399
    Location:
    San Diego
    Your concern about reliability is misplaced. The Model S is as reliable as high end gas powered car.
     
  5. Bighorn

    Bighorn Member

    Joined:
    Jun 19, 2013
    Messages:
    483
    Location:
    WY
    Every sale that I'm personally aware of was to trade up--either 60 to 85 or S to Performance.
     
  6. Jasvo

    Jasvo Member

    Joined:
    Oct 12, 2014
    Messages:
    8
    Location:
    usa
    I guess that's what happening here is in U.S. most of the are on sale with really low mileage and it concerns me a bit. I did test drive a model S last month and I actually liked it but not sure how many miles you can get exactly out of the battery with Max use while music and other electrical devices turned on
     
  7. Bighorn

    Bighorn Member

    Joined:
    Jun 19, 2013
    Messages:
    483
    Location:
    WY
    The only power draws that affect mileage are heat and air conditioning, 7kW and 2kW respectively. All the others are inconsequential. Range is a function of speed influenced by elevation changes and headwinds. Achieving EPA estimates is readily doable unless you're forced to drive faster than 65MPH.
     
  8. EarlyAdopter

    EarlyAdopter Active Member

    Joined:
    Jun 24, 2012
    Messages:
    2,499
    Location:
    Redmond, WA
    I've never gotten less than 220 miles on a full charge on mine, even driving 70 mph in 34F rainy weather.

    Also, reliability here has been great. Nearly two years with my Model S and it's never had a mechanical or electrical problem, never failed to start, never left me stranded. I can't say that for the first two years of every gas car I've had.

    However, this Model S will also be going up for sale with low mileage (14,000) in December when I, too, trade up for a P85D.
     
  9. mitch672

    mitch672 Active Member

    Joined:
    Jul 1, 2012
    Messages:
    1,868
    Location:
    Stoughton, MA
    The OP is failing to understand a basic truth to most of the Model S buyers to date: we are early adopters, we are unhappy if we don't have the latest gizmo available, and our cars have just been 1-upped by the company, that is the reason for most of the recent sales / listings you've seen since Thursday nights announcement of the "D".
     
  10. Denarius

    Denarius Active Member

    Joined:
    Apr 27, 2013
    Messages:
    1,349
    Location:
    Utah
    As has been stated, everyone is trading up to a new Tesla. AWD was just released and a feature that many have wanted, me included. There is nothing to worry about long term reliability.
     
  11. Cosmacelf

    Cosmacelf Active Member

    Joined:
    Mar 6, 2013
    Messages:
    3,399
    Location:
    San Diego
    Yeah, now is a particularly good time to buy a used Model S. And given Tesla's drivetrain and battery warranty, you really don't have much of a concern about a pervious owner abusing their car. It isn't much of an issue.
     
  12. Velo1

    Velo1 Member

    Joined:
    May 28, 2012
    Messages:
    197
    Location:
    Evergreen, Colorado, United States
    Any information on what percent of the original price these Model S sold are getting?
     
  13. Jasvo

    Jasvo Member

    Joined:
    Oct 12, 2014
    Messages:
    8
    Location:
    usa
    From what i'v been seeing, price doesn't drop much compare to gasoline cars.
     
  14. mitch672

    mitch672 Active Member

    Joined:
    Jul 1, 2012
    Messages:
    1,868
    Location:
    Stoughton, MA
    not yet, the news has been out less than a week.
    many will be sold in December as the P85D's are delivered, the remaining will be in February of 2015, as the S85D and S60D's are delivered
     
  15. RobStark

    RobStark Active Member

    Joined:
    Jul 2, 2013
    Messages:
    2,919
    Location:
    Los Angeles
    Asking prices seem about 5% off of sticker for low mileage 2013.

    Kelly Blue Book has not recorded enough used car transactions on the Model S to establish a fair price.
     
  16. omgwtfbyobbq

    omgwtfbyobbq Member

    Joined:
    Aug 24, 2013
    Messages:
    458
    Location:
    Southern California
    I think most people are looking for an S to be as reliable as a mid-range (Non-VW group ;)) car. Or better yet, more reliable than a hybrid (Prius, etc...) since it's far less complicated (with the exception of the BMS).

    I'm still on the fence about purchasing a Tesla because of this. If it's as reliable as a high end Audi and an owner can't DIY, there might be some substantial repair bills as it ages. If they at least get close to hybrid reliability, that's pretty good IMO. They should be more reliable since it's an EV, but the company is still young.
     
  17. v12 to 12v

    v12 to 12v Active Member

    Joined:
    Jul 10, 2012
    Messages:
    1,063
    I expect the Model S to be far more reliable than anything with an internal combustion engine and to last much, much longer. Perhaps, indefinitely.
     
  18. Dutchie

    Dutchie Member

    Joined:
    Jun 9, 2013
    Messages:
    469
    Location:
    Canada
    It might also be that a lot of people are very much emotionally involved in Tesla. They perceive Tesla as something different and the car as being a total game changer. They buy into the believe that it is much cheaper to operate and therefore justify themselves in buying this expensive car. The price could probably well be many times over of what they used to pay for af car.
    Though, there might be some truth that the car is different, at the end it is still is a very expensive car. People might find out after the purchase that they can't really afford the car (monthly payments) and they just need to get rid of it.
     
  19. lolachampcar

    lolachampcar Active Member

    Joined:
    Nov 26, 2012
    Messages:
    4,453
    Location:
    WPB Florida
    It will be interesting to see what the centralized CPO group is going to use to generate trade in offers. This will set the wholesale price for the vehicle as Tesla sees it. Part of the company will want to keep this number high to keep the car from being a depreciating pig (I'm thinking Seven Series of years back that fell like a stone) while part of the company will want to see the CPO program become a profit center.

    If the goal is to get more cars in the hands of more people then having a vibrant secondary market as people upgrade is not a bad thing. I'll post my trade in quote..... We should probably start a separate thread for that one.
     
  20. maz4278

    maz4278 Member

    Joined:
    Sep 16, 2014
    Messages:
    23
    Location:
    Connecticut
    everyone is trading up for a new tesla. plain and simple.
     

Share This Page