lorenfb wrote:As expected, given the previously mentioned Osborne Effect that the M3 will have on subsequent new and used sales of the MS.
I agree that the M3 is having an effect, but it's not the Osborne Effect. The Osborne Effect would apply if the Model 3 was Model S version N+1. Instead, I think the effect is that a lot of people stretched their finances to get into a Model S (many of those in CPO vehicles) that they would not ordinarily have done. Now that the more affordable Model 3 is an option, that will cut into potential Model S sales. Not because of the promise of a newer version with better features, but rather a more appropriately priced vehicle for the demographic we are talking about. Those that can afford a Model S or X will continue to buy them. If anything, you can make the argument that the previous demand for Model S was artificially floated higher because of LACK of a Model 3, and now that upward pressure is receding.
Deep Blue Metallic 2018 Tesla Model 3 (31849) (delivered: 7/13/18)
Coulis Red 2016 SV (312310) (bought: 12/23/16 sold: 7/5/18)
Glacier Pearl 2012 SL (016138) (delivered: 12/9/11; traded in 12/23/16)NOGA$4ME Blog