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Thread: Used vs New

  1. #1
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    Used vs New

    With used prices being so high could someone convince me why it makes sense? We'd like to get a model s used (85) but it doesn't seem to make sense to get one used when the price is at minimum $80,000. Built one on the website and it came out to be $92,000 . All we really require of a model s is tech package (would like fog lights and twin chargers but not necessarily needed). Also this would be speculation of course but what do you all think will be the used price of model s after the model x has been released?

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    Yes, many of the used prices seem to be priced for a premium for not needing to wait for the current lead time on new orders. As the lead time goes up, the used prices go up as well. When comparing the price on a used one, be sure to keep in mind that if you purchased a new build (or inventory car) from Tesla, you would likely get the $7,500 Federal tax credit. Be sure to keep that in mind when comparing used and new purchases.

    Me? I'd be doing a new build or trying to find an Inventory car that matched my desires. I did this when purchasing my Nissan Leaf last summer. I went to the dealer, they didn't have the config I wanted, so I ordered a new build from the factory through the dealer. Seven weeks later, I had exactly the configuration that I wanted.

  3. #3
    Burrito Founder brianman's Avatar
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    Point of clarification:

    Ordered from the website -> new
    Ordered from the website -> resold by original owner -> used

    Loaner vehicle purchased from Tesla as original owner -> "used"? or do you use another term?
    Truly Electric Spaceship-Like Adventure ~ Signature Model Spaceship

    PLEASE NOTE: these musings are the copyrighted intellectual property of the author, and are intended as part of a conversation among the Tesla Motors Clubs membership. My words may not be quoted by any third party outside the Tesla Motors Clubs forums, without my expressed consent. Especially the NYT, which is clearly ethically challenged.

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    Impatiently waiting Ssssly's Avatar
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    Quote Originally Posted by brianman View Post
    Point of clarification:

    Loaner vehicle purchased from Tesla as original owner -> "used"? or do you use another term?
    Inventory Car = Loaner or Floor model sold as new from Tesla and qualifies for Federal and State incentives
    S85 | Silver | Grey Leather | 19" Primacy | Tech Pkg | Auto Pilot | Parking Sensors | Dual Chargers | Parcel Shelf | Pano Roof | Lighting | Fog Lamps | LONG TSLA

    Ordered 8.1.14 | Confirmed 8.2.14 | VIN issued 10.8.14 P61113 | Requested Delivery 12.2014

  5. #5
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    I bought my P85 used with 10k miles from the original owner. This made sense to me for a couple reasons. It was a fully loaded P85 with almost every option. If you build it out to the same spec today, my used price was $25k less than that. Essentially, it let me upgrade from the S85 to the P85 for the same price tag. Also, the original owner never registered it in my state, so I still get my state tax credit (federal one has been used), so that's another $6k. Used might not make sense if you're looking for a S85, especially now with huge demand and deliveries are pushed out 3-4 months. I think it can really save you some money on all of those upgrade packages, though.
    P85 #05834

  6. #6
    Member zwede's Avatar
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    Quote Originally Posted by Ssssly View Post
    Inventory Car = Loaner or Floor model sold as new from Tesla and qualifies for Federal and State incentives
    Also the warranty starts the day you take possession, not when it was originally taken into service. The miles driven as a loaner/demo don't count against the warranty period.

    I'm very pleased with my inventory car. I saved $20K (including $1K less in sales tax) and got almost exactly the car I would have ordered.

  7. #7
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    Okay I tried to reply to this once but I believe a moderator deleted it. I appreciate everyones input. I am getting married next month and we are wanting to get a Tesla because we do a ton of driving. I already have a Nissan Leaf (Love it) that I use for my commute to work and back. She will have a longer commute though (minimum 30 miles one way). Even if the Leaf could do it we want something for our once a month road trip that we take to see family. Her family is 150 miles from where I live (she'll be moving in with me once married) and my family is 350 miles away. We've done the trip before in the Leaf to both her families house and my families house so we know it can be (easily) done in a Tesla with heat even. Should we wait a year for used prices to come down? Buy a new one now? On our honeymoon we are going to test drive one if everything works out in Chicago. That's one other thing. We will be living just outside Omaha, NE so will not having a dealer around hurt us? Closest one would be Denver or Chicago both roughly a 8 hour drive. For now we plan on just using her ICE car. Both of our ICE cars have close to 200k miles and are well over 10 years old so the repair costs have been hurting the most. We both spend just enough to keep the wheels turning (quite literally). Mine is a cavalier (speedometer and most gauges inoperative, Headlights weak, bank window busted out by hail), Her's is a Grand-AM (both front and back bumpers have damage, taillight held on by duct-tape, turn signal works but sound from it doesn't turn off).

  8. #8
    R1211 & S282 NigelM's Avatar
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    Quote Originally Posted by wcfinvader View Post
    Okay I tried to reply to this once but I believe a moderator deleted it.
    It was stuck in moderation. Certain criteria force some new member posts into moderation (i.e. they can't be seen until approved) as part of our anti-spam measures. Sorry about that but you do get to enjoy a spam-free forum in return.

    (I went ahead and deleted the original now as it was made irrelevant by your most recent post)
    Last edited by NigelM; 2014-07-12 at 05:06 PM.

  9. #9
    Member karmamule's Avatar
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    wcfinvader, I wouldn't let the proximity of a service center bother you. From what I've read Tesla is great about using the ranger service to help out people in remote places. They do what it takes to keep things convenient for you.

    In looking at the supercharger maps do you think the Tesla will let you do your longer trips? If so , then if your test drive goes well and you both feel positive about it then I'd go ahead and order one. Do the math carefully to compare your current average per month expenses (including fuel and maintenance!) to what the Tesla would cost you and then see if it feels worth it. If not, wait for the Gen III, but if you fall in love with the car then I bet you'll be able to find a way to make it work.

    Regardless of your ultimate decision good luck!

    S85, blue, textile/piano, pano, air, tech, parking, sound, subzero, ordered: 22-May-2014, confirmed: 24-May-2014,
    vin 50411 issued 17-Jul-2014, build started: 05-Sep-2014, build complete: 10-Sep-2014; Delivery: 19-Sep-2014

  10. #10
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    I've looked at plugshare and the 350 mile commute is from Omaha, NE to Jefferson City, MO. There are SEVERAL charging stations in and around Kansas City plus at least 5 Tesla owners in Kansas City that have their home charger listed. Yes I would have to stop there and charge but that's no biggie to me. We'd most likely leave after work (Friday Night) take a nap while it charged in Kansas City then make it to Jeff City. The 150 mile trip should be doable on one charge. I could get her family to install a RV outlet no problem to allow me to charge there. I'd say this much, If I could do it in a leaf then I could for sure do it in a Tesla.

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