MsElectric
Active Member
I wonder why mileage is such an important factor in price for a Model S. For a gasoline car, it makes sense as there are so many moving parts that wear down over use. But for an electric car....there's the motor (which is covered under warranty for quite some number of years) and the battery (again, covered under warranty). Based on the pricing of the replacement battery in 8 years ($12k for a 85kWH), and typically recorded degradation, there should probably be a cap as to how much mileage counts against the selling price.
It'd be a steal to basically go and buy cheaper, but higher mileage Model S's.
Because there are hundreds of Model S vehicle to buy with far fewer miles.
Because mileage over 50,000 means you are no longer covered by the full warranty, unless the warranty was extended before it ran out.
Because someone buying a used car likely does not want to pay for the depreciation caused by someone else who put 54,000 miles in just 2 years.
Because the market sets the price on used cars and cars with more miles are worth less due to wear and tear on the vehicle caused by mileage.
I still stand by what I said in that this thread and the way it is presented is absolutely unreasonable to Tesla. The trade in value offered to the OP is a result of a two year car being given back with 54,000 miles making that car undesirable to many premium used car buyers who are ideally looking for a gently and lightly used car.
Tesla has already sold CP cars in the mid to late 40s and that might be all they feel they can get for this car.
And let me say this again, the Model S resale values are strong and depreciation is less than comparable premium cars. That's all Tesla has promised and that's what it is.
Earlier on this thread I posted a Mercedes S class for sale that is only two years old with mileage in the mid 50s and that car, which originally sold for around $100K, can now be bought for an asking price of $40K. Welcome to the ownership of a premium car where the used car market is tough on cars with excessive mileage. Why else do you think Tesla leases charge for excess mileage? Because excess mileage diminish the value of the car, especially a premium car. This is car ownership 101.