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Buyer's Remorse?

Buyer's Remorse?

I'm about ready to finalize my MS order. Has any current MS owner experienced "buyer's remorse" after owning their car for a period of time? Buying the MS is big expense with questionable residual value years down the line.

Darmok | 03. mars 2013

None. Whatever is the complete opposite of buyer's remorse is what I experience every day. I look for excuses to drive it. It's a constant state of euphoria.

petero | 03. mars 2013

No remorse whatsoever. This is the finest car I have ever owned or driven. Quiet, quick, smooth, a joy. Plug and play!

Ron5 | 03. mars 2013

This is the first car I've ever bought where I don't have buyer's remorse. I had remorse on my last car due to its price tag, and it was about $20k cheaper. For all of the cars, the remorse went away after a while, EXCEPT for the $15,000 Trans Am that I bought in 1984. I swore after that one I would never buy another American car...and I didn't--until now.

Oaktowner | 03. mars 2013

Nickniketown -

My 2012 Honda Odyssey just got a recall notice because of a problem with the driver's side airbag.

This is not a new manufacturer, nor is it a minor problem (it could be a MAJOR safety issue, after all).

I've previously had recalls on Mercedes, Acuras, Audis and Subarus.

Do you think I should stop buying Hondas until they come out with a new model? Should I wait a year or so until they get their manufacturing process down pat?

Or perhaps should I understand that NO car manufacturer is perfect, that even if I buy from the world's largest automakers I will still have to deal with 1) problems with an individual car or 2) systemic problems that result in recalls?

Your pessimism about Tesla is hard to understand, since every manufacturer deals with issues like these. And your optimism that somehow, when a GenIII is introduced, somehow Tesla will no longer be subject to the imperfections that afflict ALL manufacturers is similarly misplaced.

I'm not a reservation holder yet. I read these forums diligently and appreciate the honesty of the Model S owners as I make my purchase decision. But I can assure you that your strange crusade against the S is not adding to the conversation, nor will it serve to dissuade even someone who is in the midst of a decision process like mine.

It is uninformed blathering at this point.

jeroens | 03. mars 2013

@mike,

Before you take the comment from nickniketown to hart you might want to read some other of his comments and the thread about him to ensure you put it in the right perspective.

I can unfortunately not speak from experience (am in EU and still will have to wait a while), only thing I can tell you is that from the thousands of threads I read I never seen anyone express remorse. There might be some disappointment here and there with the delivery experience and smaller issues but all in all they always seem to be offset by such a great driving experience and car that they are fast forgotten...

Any concerns in particular?

David Trushin | 03. mars 2013

I've had buyer's remorse before as well with other cars. This one, no not at all even though this is by far the most expensive car I've ever bought (it cost more than my first house).

Also, please ignore nickniketown. He's a troll.

mike | 03. mars 2013

nickniketown@gm... - I fully expect manufacturing defects at some level. My 2012 Prius C (don't laugh) had a few defects that had to be resolved at the dealer.
blephneiben, petero, Ron5 - Much appreciated feedback - I drove a Roadster Sport for about a month straight and literally loved every second of the experience. Looking forward to my MS.

mike | 03. mars 2013

jeroens, David T. - My only concern is the price. When I see used
Roadsters for sale, the price is approx. half the original price paid. Regardless, I plan to keep the MS for a long time.

jbunn | 03. mars 2013

Mike, my only regret is I had to wait for it. Had it for a month, and love it. Please ignore nick. Hes a known troll and serial liar

AndrewB | 03. mars 2013

6,500 miles and not regrets

mike | 03. mars 2013

jbunn@hotmail.com, AndrewB - Awesome. Great feedback!

Hogfighter | 03. mars 2013

Mike, I love mine...and can't imagine driving any other car at any price. Not one.

sancann | 03. mars 2013

Oaktowner,

I think at a certain point it has been exposed that the agenda is not that the Gen III will have zero problems, and is most likely that the Gen III will never come to be because Tesla will not be in existence.

I really hope most newcomers take your position and read postings that have a very specific tone with limited to no experience with the car and dismiss it as "uninformed blathering" as you state.

David Trushin | 03. mars 2013

It all depends on how much value you place on being part of this new wave of technology. I find it exhilirating, almost as exhilirating as driving the car. I'm very proud of the fact that my car has VIN 3446. So to me, this contributes to the value of the car.

noel.smyth | 03. mars 2013

3k miles here, 0 regrets. by far the best car I have ever been in. I look forward to driving it every time so far. This has the chance of being the game changer, getting us off of the destructive dependence on oil for our lives, and thats why so many are afraid of what Tesla is doing. Do it.

glaserud | 03. mars 2013

Hm. I see a couple of rebuttals to a comment (by nickniketown?), but I do not see a posting from him in this thread. Do I need new reading glasses or is there a post missing?

sunnysailor | 03. mars 2013

I love the car. No remorse at all despite the cost of the is three times what I have ever paid for a car.

info | 03. mars 2013

I have regrets. Regret I didn't sell a kidney and get the Performance Model. Regrets that I have to wait 14 months for the Model X to be delivered to my wife. Regrets that I have to sleep and work which prevent me from driving, looking, washing, rubbing, sitting in the Model S. I've had a couple of problems and have a creak in my pano roof. They will be taken care of, and if they're not, it won't diminish my enjoyment of the car. I don't seek attention and I'm not crazy about people driving wildly to catch up with me and take my picture, but it happens. As much as I'd like to think it's me and not the car, I have to admit it never happened before.

You make a decision and take your chance. It's a car. Just a car and it's money, just money. If you don't like it, right now there are plenty of people who would take it off your hands at a price which wouldn't cost you much money.

I've loved every car I've ever bought. I wouldn't have bought them otherwise. Since I loved my old car when I went to buy a new one, the new car had to out pull my afftections for the old one. I think, prior to the MOdel S, I had the best car ever made. I still think it's the best car ever made, but it's old, has 330,000 miles on it and it's expensive to run and repair. I need to get into the 21st. Century. The Model S in one month and 2,000 miles has given me more pleasure, smiles, happiness, etc., than anything I've ever bought. Good luck.

TeslaTap.com | 03. mars 2013

@glaserud - he's been removed due to often unrelated, inaccurate and flames. We suspect he's paid to help devalue the stock for someone who losing a bundle shorting Tesla stock.

Absolutely no regrets with my MS. Never been happier with any car purchase before. I actually look forward to driving around!

jeroens | 03. mars 2013

@ glaserud
His post was either deleted by him or deleted as it was repeatedly market 'inappropriate'

jbherman | 03. mars 2013

Absolutely no remorse. The car is an absolute joy.

docdac | 03. mars 2013

I don't think it is possible to delete your own comments after they are posted. I am pretty sure that flagging him as inappropriate is getting him deleted by the site administrator. Persistent little bugger.

Pungoteague_Dave | 03. mars 2013

I absolutely love the car. I had manufacturing errors, delivery problems, range issues, etc., and am now in legal hot water over this car due to licensing and inspection issues caused by TM, but would do it all again. It is absolutely the finest and most fun "thing" I have ever owned.

One caveat, for potential owners who see this as a big purchase and for whom the manufacturer's demise would cause financial heartache, you might think twice. These are really toys for the rich who can immediately write them off if things end badly. TM is till very much on the bubble financially and may burn through its remaining working capital this quarter. I bought the car with low expectations for TM's viability, so if they are around a year from now, will have a positive surprise.

My view is that if TM can get to Gen III, it will by then be a real company. The lowest volume "real" car companies do about 500,000 cars per year today (Volvo for example), and TM is attempting the near impossible with a goal to become viable selling the world's most advanced technology car at 20k volumes, meanwhile engineering two more cars, a process that costs most manufacturers billions. There are economies from having the Model S as an engineering base platform, but those are often overstated. With that said, for a potential owner with the right expectations and knowing the risks, I highly recommend the car and would definitely do it again myself.

blurry_eyed | 03. mars 2013

5,600 miles, 4 months of driving, a couple visits to the service center for small issues (We're VIN #532 and the issues that we had with our car have mostly been resolved now at the production level, or have engineering fixes on the way) - ZERO regrets about getting the car (We do have the Performance model). Best car we have ever had.

A huge thing is the driving paradigm change you will experience. There is simply no car that touches the driving experience you will get in the Model S. It's all the little things about the experience of the Model S that adds up to a whole lot of awesome.

Some may argue that for the price we are paying for the car it should be perfect. It isn't perfect yet, and no car is, but I give Tesla grace on this point because they are iterating their improvements on the Model S at a pace that puts other car makers to shame and all future owners will benefit. Also, your car will keep getting better and better through software updates and hardware updates that Tesla will push out to existing owners.

Tesla is a young company that is growing extremely rapidly, so temper your expectations with that understanding, but the difference between Tesla and the mainline car companies is that Tesla really is responsive to an individual request at a companywide level. So again, ZERO regrets and no buyers remorse at all. In fact, I wish I could replace my other car with another Model S, just don't have that much spare cash available after buying our first Model S!

billbaggy | 03. mars 2013

My only regret is waiting so long to actually put the deposit down and get my reservation in. :)

To be fair, i had a reservation in the 7000's, but i could have had a reservation in the 1000-2000 range, but waited and thought and hemmed and hawed. felt much more relief after putting the deposit down. and even more relief when I got my "Time To Build" email.

2.5 months and just about 4000 miles now and not one regret about buying the Model S. This is by far the most expensive car I have ever purchased and I often try to make sure that I am not deluding myself into thinking that I am "justifying" my purchase by exclaiming how happy I am with the car. My wife is the best barometer for that. She would keep me honest, and she LOVES the car. She's enjoying driving it.....when she gets the chance :)

I use the car to commute to work and can tell you, every day I have a smile on my face and thoroughly enjoy driving my Model S.

Is the car perfect - no, but no car is. Are there some issues that need to be addressed, yes. But fortunately with the way Tesla has designed it, these things can actually be changed with software updates, as opposed to having to wait for next year's model, or even the next one after that to fix system level issues.

Very satisfied Tesla customer!

Bill

Captain_Zap | 03. mars 2013

I have owned nothing but fine over-engineered performance cars for decades.

No remorse ever.

My other exotic sports cars are now sitting on trickle chargers indefinitely and are for sale.

Fair warning though, none of them have cup holders.

gasnomo | 03. mars 2013

Zero regrets, but don't buy the car because of whatever residual value it may or may not have, buy it because you want the car :)

Tiebreaker | 03. mars 2013

Just saw a black MS at the JHU athletic center... Dave, was that you?

jat | 03. mars 2013

No regrets whatsoever -- this was double what I have paid for any previous car, and yet making the purchase has given me the most satisfaction of any purchase I have ever made (with the possible exception of buying my TRS-80 at 15 :).

I have had absolutely no hardware glitches, and only very minor software issues. My only real complaint is that the auto climate control doesn't maintain temperature very well, but I believe that can be addressed with a future software update. Sure, there are some things I would prefer if they were different, but the same is true of any car -- it is a set of tradeoffs trying to match the assumed preferences of its customer base, and I think the Model S does an amazing job. If what people have to complain about is whether it should have door pockets or a center console or back-seat cupholders, I think you can safely say they hit it out of the park.

I agree with @PD - make sure you will be ok with owning the car if Tesla does go bust or if they never build out the supercharger network, etc. I believe that is unlikely, but they still have a long way to go to be successful over the long term. For me personally, I decided I wouldn't be happy if that happened but I was willing to take that risk and felt like I would still get value from the car if that happened. One thing that helps is an EV should require much less maintenance on the hardware. If you care about resale value rather than planning to drive it until the wheels fall off, you should consider that as well.

Pungoteague_Dave | 03. mars 2013

Tiebreaker, no my car is a pearl white, pano roof, 85, non-p. We are starting to see a few more and at some point (soon) will need to lobby for more charging stations at JHU.

c.bussert67 | 03. mars 2013

No remorse. Just can't wait to retire as an original owner of this car. It will, in my mind, be a retirement fund. I can't see any reason this won't follow the footsteps of the the great 60's muscle cars. It has all the traits. Ground breaking, exclusive, stoplight brawling performance. In fact I configured mine like the sleeper of 68... the 428 cobra jet. White paint with standard wheels and of course the 'big block' P85!
I made huge sacrifices to make this car a reality for me. Sold lots of things and have eaten a ton of easy Mac. Worth every effort. Anybody who says it cots too much hasn't owned a classic car that appreciates. What ever you have spent comes back in magnitude when it is sold, so you really don't spend anything. Or you can buy some M5, for 70k and sell it for 30k five years later. Ouch, now that hurts.
You can buy my S in 30 years if you can afford it...

Flaninacupboard | 03. mars 2013

nickniketown

Actually those things are pretty normal. I had a Vectra whose windscreen cracked at about two weeks old, and many of the owners of that car had paint problems with the front bumper.

KevinR.co.us | 03. mars 2013

No buyer's remorse-none at all. I could use plenty of positive adjectives as a buyer and owner. You will be amazed & delighted.

jat | 03. mars 2013

I wish this was a private thread so you could only get responses from those who at least have a reservation, but I think the sort of responses you get from people who actually have the car can't be any better of an endorsement.

EVTripPlanner | 03. mars 2013

most expensive non-house-thing I've ever purchased (by 2x!) and no remorse here. See my review at http://EVTripPlanner.com/review.html

TikiMan | 03. mars 2013

Mike,

I completely understand your fears, and yes, it IS a big question-mark with regard to a great deal of future issues.

With that said, anyone buying any vehicle today is banking on many future issues that may or may-not go in their favor. For myself, I live in California, work in entertainment technology, and have a 130 mile round-trip commute in some of the nations worst traffic. When I heard about the Model S back in 2009, I was already sold, just based on what I knew it could do for my lifestyle. I am in my mid-40's now, and going back to driving a sub-par eco-moble, was something I just am not willing to downgrade to at this point in my life. However, with that said, spending $200.00 to $300.00 per week on a highly turblant fossle-fuel commidity that goes up in price at the mear drop of a hair, and places bad Karma on everyone who buys it, just no longer makes any sence to me, just so I can drive a luxury vehicle that fits with my style and desire.

So far with nearly 4k miles on my MS, I am not disapointed, and it has completely surpassed my expectations when I placed my original deposit over two years ago. IMHO, there just isn't anything on Earth that can touch this vehicle.

This vehicle is by far not for everyone, just the same as a H2 Hummer, or a Smart is. However, if having your cake and eat it too, is something you always dreamed of having in a vehicle, there is nothing better than the MS!

shop | 03. mars 2013

The Tesla S is the iPhone of cars. When the iPhone came out everyone wanted one. When everyone learns about the Model S, they will all want one too (but unfortunately not everyone will be able to afford it, but that's what Gen III is for). As far as Tesla being around for the long term, yes starting a car company from scratch is very, very hard to do. But the analysts are forgetting a few things. First the Model S is unique. There is no other car in the market that is even close. Just like the original iPhone, this car is head and shoulders above the entire market. Second, Tesla got the deal of a century when they bought the NUMMI plant for $42 million. One and a quarter miles long of buildings??? That place is the largest manufacturing factory in the US. Think about that for a moment. No unions, no legacy retirement benefits, no fiefdoms. Tesla has a LOT going for it. I am not too worried about their longevity...

Tâm | 03. mars 2013

My first new car was Ford Escort, then Prius and they did their jobs to cut gasoline consumption.

Tesla Model S is much more expensive than the other 2 ICE that I bought but it is well worth every single penny as it uses no gasoline at all.

I've been owning it for a little over 2 months with 6,700 miles on it, driving back an forth between Las Vegas and San Jose with no problem. Get it however you can: cash, finance, or mortgage your house! The price of Model S is a steal!

andrigtmiller | 03. mars 2013

I picked up my Model S on the 20th of February, and I must say I have been delighted. I really love not going to the gas station anymore. I love the driving experience. I love the touch screen and dashboard. It is all very well executed. They seem to have worked out the quality issues of early production as well, as my car has not any of the issues reported on these forums that early cars have had. It is certainly the best car I have ever owned, and even though the price was steep, it has been worth it.

markapeterman | 03. mars 2013

Does not getting performance count? That's the only remorse I could ever have (I really don't need it, but every once in a while I wish I had gotten it).

gasnomo | 03. mars 2013

@cliff,
good balanced review :) I like the blue, i myself went for the 'racing green', my words not TM's :). Couple questions:
1. wow, had no idea of CCI price at teslaaccessories, i signed up but can't find a price...where did you see the pricing?
2. What was wrong with your registration? why would the officer confiscate it? I hope I get my official one soon.
3. Nice work on the custom insert :p

Great website!

jjaeger | 03. mars 2013

Put me with the majority - opposite of remorse. Wished I had reserved earlier - oh well. Took a week long business trip last week and drove my ICE to the airport, the first time I had sat in/drove the car in 2 1/2 months. Felt like such a clunker. The acceleration lag; the high RMP/low RPM gear transitions; being all over the brakes due to no regen and relearning to drive; and lastly - all the noise that seemed to permeate the car. Was so happy to get back home and take the car out on an errand.

And regarding the interior - I am now in the group that is not interested in any of the CCI/console aftermarket options. Small tote under the cubby holds all I need (besides the glove box) and I have really grown to like the open interior. Certainly a personal opinion, just logging mine. Remorseless.

gasnomo | 03. mars 2013

jjaeger,
just curious, why did you take the ICE to the airport vs the MS?

jjaeger | 03. mars 2013

That decision had nothing to do with the per day range loss topic (I am close enough could go 3+ weeks w/ 4.2 behavior), but just the thought of leaving the new car in the off airport parking garage for that time had me saying why do it. Guess concerns over someone dinging the car or it being unattended for that period of time, led me to the call to take my ICE (have not sold it yet, very soon). Regretted nearly every aspect of the decision in hind-sight except not worrying at all about the car while away.

trydesky | 03. mars 2013

My only regret was not spending more...I really couldn't afford more, but I would have liked to get the 85kwh battery, and the pano roof.

+1 Pungoteague_Dave

I am also concerned that in a year or 2 TM might not exist. Besides sales being a possible problem, what if there is a serious problem with the battery over the next couple years, and TM needs to replace 20,000 batteries. They would declare bankruptcy, and a 7 year warranty would be meaningless.

Origamibutterfly | 03. mars 2013

Hi,

Had car for two weeks and it's the best car I've ever driven and I've had Audis BMWs and Porsche. Wish there was a winter package though like heated steering wheel. No remorse whatsoever.

Captain_Zap | 03. mars 2013

@trydesky

We had a similar concern when we deposited $5k on the Model S many moons ago.

After thoroughly researching Tesla's history, the technology, their mission and their talent we became comfortable enough to up our deposit to $40k for a Signature. Keep in mind that this was a car that did not yet exist.

I had the benefit having a car nut electrical engineer with extensive new product launch experience in house to vet the product, infrastructure and technology.

bradslee | 03. mars 2013

@trydesky,

The concerns seem legitimate. But if we agree that MS has against all odds to become the most amazing automobile today, I think that we ought to have a confidence that TM someday can become another Silicon Valley legend among ranks of Apple, intel and google.

Tiebreaker | 03. mars 2013

P_Dave - yeah, I just remembered yours is white. Also today in Baltimore there was a red sig by the waterfront, I think on Lancaster st. Are the charges at the Homewood campus garage only Level 2?

kiddidoc | 03. mars 2013

I think all the above posts have done a great job of describing all the possible opposites of buyer's remorse. I usually get it on most large purchase. With the Model S - not one second, not one thought, nothing but joy and knowing I did the right thing. Even though it is twice the price of a car I would ever consider buying. Well worth it.

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