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From the Q3 earnings letter: CPOs are selling well with 17% reduction in inventory due to more sales than trade-ins.
Here's to hoping the CPO inventory grows and prices decline in Q4 so I can get on the road in an old Model S!
Yep, you, me and the thousands of other people waiting for a price drop that's not forthcoming due to over demand and under supply.
, MS might have a refresh next year, next gen AP is coming, battery is getting bigger. .
Many of us including myself thought Model X release on Sep 29th will have a major impact on CPO cars, there is no impact. I know we may see some impact when Tesla start delivering Model X is higher volume, I know when 2016 comes, we will see additional depreciation on older MS.
I'm so glad I didn't wait, I have been enjoying my car since August, the joy of driving it everyday.
My point is the longer you wait, the older MS become less attractive. The AP is like a standard equipment now, MS might have a refresh next year, next gen AP is coming, battery is getting bigger. By the time the car you want today drop to the price you hope to pay, you might not want that car anymore, and the newer model is still as expensive as today.
1-- I'd bet dollars to donuts there is no "refresh" or "facelift" for Model S in 2016 (while yes, there will be incremental improvements).
2-- "Next Gen AP" is just rumors and more speculation at this point
3-- Same with "bigger battery." The battery is unlikely to get bigger until the GF is online and in full production.
None of these things are coming "soon" (IMHO), but they are a huge source of wild speculation on TMC. So, as always, YMMV and Use at your Own Risk.
This +1....I came to this conclusion as well a couple of months ago....unfortunately, my cpo must need alot of "love and tender" cause I'm still waiting on it...lol...hopefully, it'll be awesome when I do get to finally drive it!
"A couple of months ago"?? Wow where is it coming from, Timbuktu? :biggrin: Did they say why it's taken so long?
"A couple of months ago"?? Wow where is it coming from, Timbuktu? :biggrin: Did they say why it's taken so long?
My CPO was purchased in April, picked up in May, and became regularly available for me to drive in August. So it's totally possible that Cowby has put some serious miles on loaners like I did.
it's a very special car (hint...F) so I believe them when they said it's getting more than once over looky....me thinks y'all will agree once I get it and post some pics!
Nice! I remember seeing that one listed right before the X event. [emoji4]
you bought a Founders car?Ha! you sir would be correct!
you bought a Founders car?
Nice!
Yes, I do believe the first ever to be cpo'd?
Many of us including myself thought Model X release on Sep 29th will have a major impact on CPO cars, there was no impact. I know we may see some impact when Tesla start delivering Model X is higher volume, I know when 2016 comes, we will see additional depreciation on older
We bought one from JB but it was in 2013, pre-CPO.
I sure hope so. Depending on what is actually delivered, I may cancel my X reservation in lieu of a 2014 (or newer) Model S.Once the Model X starts full production we will see a glut of CPO Model S... We'll have tons to choose from.
Once the Model X starts full production we will see a glut of CPO Model S... We'll have tons to choose from.