Suspicious influx of Demo Model S/X in new inventory

[Chuckled]

I've been stalking Tesla new inventory on a daily basis for the past month in my area(GTA, Canada). There's usually none or perhaps 1 or 2 that'll get sold pretty quickly.

All of a sudden I noticed a influx of Demo units. There are 11 Demo Model S and 22 Demo Model X!!

This is suspicious for a couple of reasons.

1. After talking to multiple SA over the course of the last few months, demo units are put on sale randomly by Tesla headoffice and often staggered between stores. They tend to line up to quarter end or after being around for 3 months.

2. If you look at the details of these Demo units, you can tell how long they've been "on the floor" based on the date for when the 4yr Limited warranty (80k km) expires. I don't see the same information on the US demo vehicles. Up here in Canada, there are Model S where where it expires July 2027 and also October 2027!! Which implies that they just made it on the floor and are getting cleared out!!

Has anybody in the states been tracking new inventory and noticed the same thing?

What does this mean???
Let your imagination run wild!

 

[Chuckled]

Screenshot of inventory

 

[Chuckled]

Example of 4yr Limited Warranty expiry date between different Model S Demo vehicles

 

[Knight Rider]

Very interesting, it does seem as if all demo vehicles are suddenly listed for sale. Same thing in the USA, demo vehicles with 13 miles and a November 2027 warranty expiry are listed for sale.

 

[Kahukura]

Could be in preparation for the updates coming to the s and x?

 

[Predation]

2024’s incoming

 

[terranx]

Could be in preparation for the updates coming to the s and x?

It's possible, but I'd keep expectations low.

 

[Chuckled]

I can't imagine it's as simple as transition over from '23 to '24. Since Tesla is adamant on updates not following model year, then there's no reason why they can't leave a '23 sitting in the show room when '24s are being delivered to customers.

Something different is coming.. especially if they are forgoing lots of demo vehicles that just arrived into the showroom.

 

[pp61]

It must be something "better". Parking sensors returning, stalks?

 

[cg_11]

You're right. I'm tracking the Canadian inventory on a daily basis including CPO.

I noticed one more pattern happening here in BC, Canada. This is a bit of a tangent from the current topic but I see that as soon as a CPO comes up it sells in < 24 hours.

After a week or 2 I see that being sold by a dealership for a +20k price tag.

I suspect the dealers have some inside contacts with the Tesla sales rep or the dealers are grabbing them asap to keep the value of the used model s high.

Either way the dealers are going to lose a lot of money if the ambient lighting / front camera upgrade comes out.

 

[terranx]

Certainly seems to be something going on. Large influx of demo vehicles in my area too, most with very low miles.

I'm not going to get my hopes up though. Could just be Tesla selling off slated demo inventory to increase revenue

 

[Septocaine]

My Tesla store only had one Model S demo car and it was a Plaid. It's now for sale on the website. It sure seems like a minor refresh is coming. Why would they sell their only Model S demo unit? That's why I'm canceling my existing order and waiting a few weeks (posted on the "delivery thread"). If no minor refresh at least I'll have a 24 VIN.

 

[DerbyDave]

Tesla is clearing out old model loaners and other miscellaneous old models.

 

[Chuckled]

Certainly seems to be something going on. Large influx of demo vehicles in my area too, most with very low miles.

I'm not going to get my hopes up though. Could just be Tesla selling off slated demo inventory to increase revenue

That's the only counter argument that I can think of. Q3 sales fell short of target, but Elon kept the year end targets unchanged. They would need to have a huge Q4 to meet that forecast. If they can't produce fast enough, then selling all their demos is certainly an alternative. I just would have expected to see at least some discount to intice people to pull the trigger.

 

[Septocaine]

Here's my argument; When each Tesla Sales branch sells their demo Model S, what car are they going to use for demo's? I am very hopeful that they will bring on a refreshed 2024 Model S for people to demo. If there were no refresh, why not leave the 2023s on the lot for people to demo?

 

[Chuckled]

I hope that's what it means and we'll see some of these new cars in the showroom soon. I don’t think it'll be immediate because it's unlikely all these demos get sold in 1-2 days. Folks are probably getting contacted now about a "faster match" option.
For what its worth, I've came across a scenario where the SA told me they just sold the only model S demo, so they don't yet have one available for a test drive.

 

[cg_11]

I just checked Vancouver inventory. They added 2 new demo cars. MS (1650km) , MSP(598km) both with UR exterior.

The theory seems to add up.

 

[dn325ci]

2024’s incoming

Yep. It will take a 2-3 weeks for this '23 demo and inventory draw down, and then I imagine we'll have the 2024's arriving. Personally, I doubt that any changes will come with the 24 vins initially. It seems like Tesla has been doing bigger product changes in the spring, but not always. We'll see.

 

[ucmndd]

Tesla selling off demo cars as the end of a quarter draws near? Unprecedented!

 

[SergeyUser]

Maybe they want people to test drive Cybertrucks instead? Model S is extremely well known, so it is less important to have it as a demo drive. Maybe they even have this statistics, as they track people demo-driving cars and then ordering.