Analysis from my car
-7,500 Federal Credit
-17,500 $1/mile (my normal depreciation number owning similar cars for three year stints)
Yield on a normal trade in for me would be
-15,000 Tesla's $1k/month
It looks like Tesla is using their $1/mile and $1K/month formula for my car once the Federal Tax Credit is deducted.
I am considering listing my car for $83K retail. I will not net the 6% Florida Sales Tax credit I would normally get on a trade but this may be the price I pay for upgrading before year three.
If others want to edit their quotes from further down this thread, I'll edit in their analysis here. If you do, please make it a one liner like-
107,701 sticker-7,500-17,500 $1/mile Yield 83,210 -15,000 Tesla's $1/mile 68,210
earlyadopter Redmond, WA
2013 P85 with 12,000 miles, excellent condition. Original invoice was $94,000 (after $7500 tax credit). Currently, same car configured is $114,000 (after credit). Quote is $65,500.
Model S P85 VIN 03278 1/17/13. Black, Black, 21" greys, carbon, sound, tech, pano, jump seats.
March delivery 2014 P85 with 8,000 miles, paid/list $112,700. Quote is for $80,000. So 7 months, 8k miles, $32,700 loss.
They compute this as the paid price minus the federal and state tax rebates/credits, times 76%.
Leland Riverside, CA
2013 P85 27k miles, VIN P06xxx has all options except 3rd row seats. $62,700.
Scothawk Clear Lake, Iowa
2014 P85 pretty much fully loaded, 6000 miles. ($97,000 Tesla offer).
jstepy Orange County CA
For my three week old P85+ with 440 miles they offered me 110k. MSRP was 128k and after sales tax and doc fees out the door was 140k. Factor in the 7500 Fed credit and I would take a loss of 22.5k
Kol2000 Sand Diego
2013 fully loaded P85+ with 18.5k miles = $74.5k offer from tesla.
mitch672 Randolph, MA
original list - about $90K after federal tax credit, price was $82.5K
trade in offer with 21,000 miles and 22 months old: $55,000
P14936 Model S #2 14694 Red/Black/Black P85+ Dual Charger Solid Roof P+ 7/20 delivery. $68,500
That makes a PD upgrade a $55K item (calculation includes $7500 rebate and FL sales tax credit)
packerryan Clarendon Hills, IL
P85+ September 23 delivery MSRP $118,750 600 miles $102k trade in offer. In Illinois you only pay tax on the delta.
onesixeight Seattle, Washington
$75,000 for P85+ delivered June 2013 with a $114,000 MSRP.
Like a few others, I just can not resist upgrading. My first was the P85 to the P+ and MS was young enough that I got a dealer in California to effectively allow me to break even (I had early reservation pricing which allowed this). This time it is P+ to PD but at least Tesla has allowed me to keep the car for a year and a half before coming out with a must have upgrade
The reason for this post is to encourage others to join me and post their car configuration then update the post with the trade in offer from Tesla's centralized CPO group. I would like to see if they are consistent across the country and to see if we can reverse their formula with enough data points. I'll will make my decision to go trade in or retail sale using Tesla's number plus the 6% I will save in Florida sales tax.
Mine will be-
July 13 delivery P85+
Red/Black/Red Roof Dual Chargers
17K miles now but I told them to quote on 19K miles in December
287 WHr/mile lifetime for what it is worth