Model S Trade In Value

Model S Trade In Value

While it is probably obvious that the 85kW Performance will be worth more in 5 years than the standard 85kw or 60kW , has anyone seen any estimates how much more it will be valued on a percentage basis? In other words assuming the P85 is 10% more than the S85 at purchase, what would it be after 5 years?

mortgagebruce | July 19, 2013

I wouldn't bank on that. There is a perception that performance vehicles are driven harder which doesn't help resale. There are always exceptions but there are many versions of supercharged or higher performance cars that return a small fraction of the retail difference in price compared to the non-performance versions.

Captain_Zap | July 19, 2013

You can easily see whether a Model S was driven hard or not.

All you have to do is look at the Whr/mi average on the display and, if it is high, it would indicate spirited driving.

At the same time, there isn't any indication that driving an electric motor hard will result in degeneration like you see in an ICE. I know of variable speed electric motors that ran for decades without a complaint.

michael1800 | July 20, 2013

Doesn't the WHr/mi avg display only information based on up to the last 30 miles? Living in SF or any other area with lots of hills could also sway this number quite a bit. It may not be solid enough of an indicator to be of use for pricing reasons.

mikeah007 | July 20, 2013

The truth is when you buy a premium option it's for your enjoyment as my experience is a secondary buyer including a dealer will significantly discount the value. So buy it for your enjoyment and not for the retail value and you will not be disappointed.

lolachampcar | July 20, 2013

I just delivered my 5500 mile P85 to a CA buyer. I had a 310 WHr/mile lifetime consumption which I thought spoke well of how the car was treated. I did consider "wiping" the car before I delivered it and, had there been a button to do so, would probably cleaned it of any personal information (consumption, garage code, seat settings, radio stations,,,). I would think Tesla will be coming up with that shortly.

I aso find the desire for some to purchase loaners interesting. I would consider buying on the secondary market (like my car) buy would not consider buying a car that is used akin to a rental. They are simply not treated well by some people. Perhaps the loaners all being low milage, low time cars removes that concern.

As for resale, I think you will find the P85 does well. I was on the configuration page setting up my wife's car and, if you add leather, the jump from a nicely configured S85 to the P85 is small. In my opinion, it is well worth the difference for (1) the shear joy of driving when you use the power and (2) it will probably increase the appeal on resale.

Anthony J. Parisio | July 20, 2013

In my experience selling cars and as a car fanatic, "loaded" models sell faster than "stripped" models. However, they only bring in a small amount more. Used car buys are usually people who want a new car but don't have the money to buy one. So, they take what they can get at the time. For this reason it keep the price stable and limited.

cloroxbb | July 20, 2013

Im guessing you are probably thinking of "upgrading" to a new Tesla model in 5 years? :)

tobi_ger | July 20, 2013

Slightly OT, but how much work was it for you to "transfer" your P85 to the new owner wrt Tesla records and online access (3G tracking, site account data)? Is there a setup fee? Can't the support team "flush" personal data via remote before handing over keys?

JPPTM | July 20, 2013

You can certainly clear the Homelink settings, Driver Profiles, and the navigation history easily. You can wipe the trip meters. You can wipe the browser favorites. You can delete Bluetooth devices. All of this takes but a few minutes. You can overwrite radio station presets if that concerns you at all. Just did it on a loaner P85 that I returned today to Fremont after 4 days.

tobi_ger | July 21, 2013

Thanks for clarifying that, JPPTM.