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What's a fair price?

What's a fair price?

2013 Model S (NOT Performance or Performance+)
VIN 5YJSA1CN9DFP24666
85kWh battery
13,000 miles
Black color
tech package and parking sensors only (no other options)
California sale
$85,320 before tax credits if purchased brand new right now on Tesla website.

I figure:

$85,320
-$7500 FED tax credit
-$2500 CA state credit/rebate
- 1 year depreciation

What's a fair price to pay for that car?

Captain_Zap | 16 september 2014

What size battery and is it a standard or performance model?
Which wheels? No pano? Dual Chargers?

Have a VIN? That will say quite a bit about the car.

ualdriver | 16 september 2014

Sorry, 85kWh battery....forgot about that important part!
Don't have the VIN yet
the only options are the tech package and parking sensors....nothing else

Haggy | 16 september 2014

The 2014 with those options is essentially the same vehicle, so it's a matter of mileage. I'm not sure if it's the case at every showroom, but I know at least at the factory they regularly sell off demo cars. So they may have something with a similar number of miles on it or have an idea what they would sell it for.

ualdriver | 16 september 2014

If it was a Tesla inventory model, they'd knock off $13,000 for the miles, and 1% per month for the age, although I don't think in my area I've seen any 2013's for sale (recently) in 2014. I'd also still be eligible for the FED and State tax credit, whereas this car is at a non-Tesla dealer so the credits are already taken by the original owner.

Captain_Zap | 16 september 2014

Another important part is whether it is a Standard, Performance or Performance Plus. That makes a big difference. Wheels are a big part of pricing too. Color matters. (i.e. White vs. Pearl White)

Does it come with a UMC and some adapters for charging?

Captain_Zap | 16 september 2014

I see you have the VIN in the OP. Now to find the decoder...

ualdriver | 16 september 2014

Standard car, standard 19" wheels. Black color. It comes with all the stuff the original owner got, nothing more.

dglauz | 16 september 2014

I don't know about the fed tax credit, but the seller will need to give back a part of the state rebate, prorated over 3 years. Well that is what the application form said.

Captain_Zap | 16 september 2014

The VIN checks out as a Standard 85kWh with single charger and supercharging.

Captain_Zap | 16 september 2014

As long as it comes with the stuff!
I've seen parties try to pass off some cars as something more than what they really had too.

ualdriver | 16 september 2014

I think a fair price would be around $65,000.....The dealer does not agree with me and feels that the selling price should be higher than what it would cost me if I bought the car brand new! He came back with $79,900 as his bottom figure. Oh well, back to lurking on the used car websites :)

$85K originally - $10,000 in total tax credits - 12%-ish depreciation = $65,000-ish

Haggy | 16 september 2014

Tell him flat out that the car is $75K new and Tesla will sell you one for about 60K after rebates. Nobody would pay him more than they can get the car for new and he's not going to find somebody willing to spend that amount of money who is too stupid to look up the price on the website.

I'd offer $50,000. Tell him he's not going to get more and if he lets you walk, he might end up stuck with it. If you go for a new one, you get to pick your options, your color, your roof, your interior, and he's giving you one choice when ALL his potential customers can get a better deal.

jvs11560 | 16 september 2014

I think the market is definitely softening for used Tesla's. There are many vehicles that have been for sale for over a year. If you click on the attached link, this car has been at the same retailer for 454 days. What's the deal with that???

http://www.cargurus.com/Cars/l-Used-Tesla-Model-S-d2039#listing=62690422

Jamon | 16 september 2014

@Haggy - you sound upset. You must not be aware that the dealers exist to save us from the big, scary, greedy car companies. NADA told me so!

ualdriver | 16 september 2014

Haggy-

I sent him an e-mail and spelled it all out for them. Not interested in my offer or the reasons behind it. Wants $79,900 because there's a waiting list for the car and it's "hot" right now. And, after all, he came down $6,000 on his asking price so of course he's being reasonable :)

A few of the cars on jvs11560's cargurus link I've made offers on as well- most recently that silver one at Brazelton. Some of the others sold, some didn't and they're still there. No clue what the ones that did sell went for- they were asking more than you could purchase the car new. Someone's out there buying them!

If there's a silver lining, it's good for Tesla and their owners that the cars aren't depreciating like "normal" cars. I am happy for the Tesla community about that.

I'm looking for a lightly equipped 2012 or 2013....if anyone has one they want to get rid of, drop me an e-mail! Add an "at comcast dot net" to my username and you'll find me :)

Captain_Zap | 16 september 2014

@jvs11560

It isn't selling because everyone knows that the car is not as described. The VIN says it all.

Kondo | 16 september 2014

@au ~~ looks like they met your $65.000 price. Must have happened after hours.

ualdriver | 16 september 2014

Huh? Did they sell it already?

Captain_Zap | 16 september 2014

Be careful out there.
You need to see this thread:

http://www.teslamotorsclub.com/showthread.php/33601-Suspicous-Listing

ualdriver | 16 september 2014

he-he....yeah....I've run across some other scams too. I accidentally posted one on this forum (or maybe the club forum, I forget) thinking it was a "great" deal for someone. Oopps.