I purchased a Model S less than 8 months ago and my Model S is a 100D with about 8k miles.. I have since purchased a Model 3 as I love the Tesla product. We don't really need three sedans, so I have given consideration to the Model X. I contacted Tesla for a trade in value. Tesla quoted 15% below the average Kelly blue book value and 36% below the original MSRP. When I was purchasing the Tesla, they taught-ed that depreciation at 50k miles was roughly 28% and was number one in the industry, well that ship has sailed since the launch of the Model. It is evident that due to the Model 3 the value on the Model S is evaporating on a monthly basis. The Model 3 is going to continue to crush the value of Model S and I would anticipate a sharp drop in MSRP, probably in the neighborhood of $15k to $20k, especially considering the tax break is about to be reduced
If anyone outside of Tesla is reading. Be patient and look for the CPO cars. Purchasing a new Tesla 100D does not appear to be a wise decision at this time. The difference between AP 1.0 and AP 2.0, AP 2.5 with EAP is really not that much.
If anyone outside of Tesla is reading. Be patient and look for the CPO cars. Purchasing a new Tesla 100D does not appear to be a wise decision at this time. The difference between AP 1.0 and AP 2.0, AP 2.5 with EAP is really not that much.