="abasile"
edatoakrun said:
abasile said:
... my understanding is that Tesla vehicles are actually holding their values quite well compared to similar-class vehicles...
You are in the position to test that assertion and report the depreciation costs for new and used S owners (if you'd like to) by answering:
What was the MY and list price with options of your S when sold new?
What did you pay for your S, at what date and milage?
What do you think you could you get for your S,
if you sold it today, at what milage?
As for our personal situation, I'll simply say that we'd do just fine if we had to part with our Model S today.
...
If your bliss is the result of ignorance, you may not want to read on...
="abasile"
...Here's an article on this topic, albeit three months old, that references what seems to be a reputable study: https://electrek.co/2016/09/13/tesla-model-s-value-retention-leading-segment-losing-only-28-after-50k-miles/
Reputable?
I suggest choose your sources more carefully, rather than relying on those posted on a Tesla fansite.
Used Tesla prices did hold up quite well
in the past (not unlike how LEAF prices did for the first few years) due to supply/demand imbalance and the lack of competition from used models, or competing BEV models from other manufactures.
And of course, Tesla's reale price guarantee (now discontinued) also tended to prop up used Tesla prices
in the past.
However, past performance seems not to have predicted future results.
Not infallible, but KBB values certainly seem to be in line with the sales prices cited on the previous page, and other
reputable sources.
It looks to me that KBB shows your S, in good condition, with no options other than the 85 kWh pack, to have a trade-in value of ~$33k, and private party sale value of ~$36k.
https://www.kbb.com/tesla/model-s/2012/sedan-4d/?vehicleid=412348&intent=trade-in-sell&mileage=74000&pricetype=trade-in&options=6811297|true&condition=good
Wasn't the original list on the same 2012 S85, with no other options, ~$77.4K?
If so, between you and the original buyer, close to $40 k (and over 50%) depreciation taken in ~74k miles, much greater than the source you posted shows, and close to the same depreciation rates suffered by most other expensive vehicles.
Of course, you need to deduct the incentives received on initial sale, and add all other operating costs, to find total cost of ownership.
Any way you do the math, a Tesla has been a very expensive car to own.
This was before a much lower cost BEV in the same range class (Bolt) was available.
And several BEVs in the same range and price class, from MB, Audi, and Jaguar, will soon be available (and perhaps the Tesla 3, as well) for new BEV buyers to choose over a Tesla S or X, new or used.
So, good luck, as to what your S will be worth in the future.