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When do you expect to sell your Model S?

Most likely keep it for 10 years I'd say...2023 as I doubt anything will come along in that time that will beat this car.

And here's what I expect to say in the ad...

USED: Your chance to own the car that started it all!!! Perfect condition, White 2013 Tesla Model S, 150K Miles, 210 Miles range highway miles on full charge, 240 for city (3rd party warranty certified by Sustainable Charge Inc until 2030 or trade up the 1K mile battery for only $5K!), Tesla check up on motor, inverter and air suspension done last month. No maintenance expected for next 100K miles. Full maintenance details available but I've had no issues with the car. All servicing done at Tesla. Dash has all updates and is working perfectly. New all season tires (10/32's), super quiet, handles great, drives straight, 80% original brakes as I never use them with re-gen and stops on a dime, super quiet and super clean, non smoker. No paint chips or door dings, garage kept with panoramic sun roof, heated seats, steering wheel and side-view mirrors.

Yeah, I can't imagine needing to sell it. It's certainly not gonna be a garage queen!

I am 62 years old. My model s will not be winter driven and therefore should last me the rest of my life.

I'll be keeping mine until I trade-it back in to Tesla for version 3.0.

Larry

I'm 70 and expect it to last at least as long as I do.

I trust that Tesla will sell replacement batteries as long as needed.

I typically drive cars into the ground at about 10 years.

Larry;
Going to give the 2.0 series a pass, huh? ;D

My 6 yearold is already telling people his first car will be my Model S....

I usually drive cars 10ish years and then the ICE is getting unreliable. I hope to keep the S twice that long and by then I should probably think about giving up driving. So at 66 I expect this to be my last car. I hope I can last another 20 yrs!

I expect to sell when my family outgrows Model S by body size and number. I do hope that resale value will help with acquiring a Model X.

I wish to keep it until it became a collection car... so more than 20 years.

No plans toi sell. It will likely outlast me.

"Going to give the 2.0 series a pass, huh? ;D "

Hi Brian,

Well, we've got to economize somewhere. ;-)

Larry

No plans to sell. Change the battery ever ten yrs. & keep it moving.

And I am 73 so I will keep it until my son or daughter take my keys away. Or until I get tired of it.

It would be interesting to know the age distribution of buyers.

Forever : )

I wonder if there will occur a brief (long?) period when the resale value of the S exceeds the new price ...

cerjor;
by then, you should be able to get an economical retro-fit robo-driver. Maybe one intelligent enough to "hover" electronically and just take over when you're about to endanger yourself or others!

I wonder if there will occur a brief (long?) period when the resale value of the S exceeds the new price

Good question, and there's some reason to think that could happen. We've all heard the stories about dealer marking up scarce new models (e.g. first year of the Prius). I can easily imagine some people trying to buy your brand-new Model S from you at a premium to what you paid.

The question is, how much would it take to get you to part with you new baby the day after you took delivery?

I read an article about purchasing cars for profit, a bit tongue in cheek, as a car isn't exactly likely to sell for more than it's purchase. Sure, if you had a time machine you'd probably go back and pick up a couple 1964-1/2 ragtop Ford Mustangs, and put them up on blocks in a heated garage for thirty years. The article did note that there are some ways to improve your chances for those of us that don't have a time machine.

One thing the authors noted was limited editions and rare cars tend to hold their value better (a polite way of saying lose less money slower).

My cousin who's a serious car nut and is familiar with the history of Tucker and Edsel asked me what would happen if I got my car and the company went out of business. I said, I would have a very rare, limited edition vehicle of which there were only 5,000 in the entire world. (He seemed to like that answer).

Point being, I think the folks among us with S reservations (I'm a P) have a very limited issue of 1,000 cars. Might be of interest to future collectors (assuming we still have roads, and not Jetson flying cars, or transporters, or mule carts or some such in 30 years.)

On the other side, early adopters generaly take a beating on price. I remember the first CD players for 1,000 bucks. You can get one now for 20 bucks. I'm going to guess the cars Tesla produces five years from now are going to be vastly better. But I won't wait until then, and without early adopters it won't happen anyway.

My current car is 13 years old and has just rolled over 200,000. It's the other great love of my life. I'll keep it preserved in the barn for snow days, hauling and trailering. I expect to keep the S for about the same amount of time if not longer. Right now, the only thing that makes me question that is a concept sketch of a Tesla cabriolet based on the S platform. That might convince me to sell the S, but it's within the same family.... : )

I expect to sell my Model S when Tesla offer something significantly better, and I can afford it. That could take a while.

I was kind of thinking along the lines of demand exceeding supply for a while. Suppose that demand (wannabe buyers, reservations, etc.) surges to 250,000 in the first couple of years but production can't ramp up to more than a total of 100,000 (to be super-simplistic about it)?

I could imagine demand exceeding supply for several years, if not at least 10. Of the people that I haven't talked into reserving an S, nearly all are very interested in the X. And I plan on reserving an X as well.

I am planning to drive mine, not sell it. As long as it meets my expectations, I'll probably keep it. I admit that expected resale value should that day come factored into my sig/production model decision. After decades of replacing cars at around 4 years, my current car just turned 11, so I know I can do it.

The price of a sig S is a big stretch for me. More than twice the $ of the most expensive car I ever had before. I'm retired. My financial advisor is going to have kittens!

OTOH, once the model X is widely available, maybe I'll move to that (or just convince my wife she needs one).

For me I have the intention of keeping the car until it is hopefully a classic, so I'm talking along the line of twenty years. Might have to replace the battery somewhere along the line, but that's about it if I can keep it in good shape.

That's my plan...at least until we see how the resale value goes when the car is released. If there is a huge demand at a premium for the Model S, I could be tempted to sell the car.

I would then set my eyes on a Model X or maybe two or three. If Tesla really becomes a cult type of car - one where demand far exceeds supply and people are willing to pay a premium to get one - I'm more than willing to take a chance and make a few dollars on it. However as I said at the beginning of this post, I'm more than happy to keep my Model S for the long haul and that is my intention.

Teo;
Have you no faith in Elon's ability to tempt you to upgrade in a few years?
;-p

I will probaly sell mine when the blue star come out, As i prefeer a smaller car like Audi A4 or BMW 3XX

An interesting question, particularly when discussing a state of the art vehicle and an extremely tech savvy clientele. Anyway, I will likely sell my “S” in 5 years. The “S” will still be a sweet ride, but I am sure TM will have interesting new products to tempt me with. I would even consider a lease (I know, the Lord forbid). Especially if they have a loyalty incentive. I offer these observations.

TIME. The length of time you own your “S” will depend on TM’s ability and desire to update the electronics and technology in your “S” - more than advances in ride and handling. We all know battery technology will improve dramatically over the next 5-7 years, as will the competition. Also, advances in technology, safety, materials, design, etc. TM architecture is unique, now, but others will emulate.

PERFORMANCE. Many forum readers have a great need for speed (personally I don’t get it). These buyers will likely be the first to trade in their “S”. When battery technology reduces price and battery pack weight, increases the power and range Now, if you need speed, don’t mind a ‘bit’ of discomfort, and you can live with a small, supercharged ICE – No not a Karma, may I suggest an Ariel Atom... or get a track car.

PRICE-APPRECIATION. If TM had franchised dealers, all the Signatures and three years worth of production would have been pre-ordered years ago. Dealers would add a $25K mark up to the MSRP. TM sells directly to us without the mark up. I agree with Robert.Boston, you may enjoy an opportunity to profit when demand exceeds supply. If that is your goal consider getting an auto resale license to defer paying the sales tax.

In my humble opinion, the “S” is a car to savoir like a fine wine. Thank you Elon.

"PERFORMANCE. Many forum readers have a great need for speed (personally I don’t get it). These buyers will likely be the first to trade in their “S”. When battery technology reduces price and battery pack weight, increases the power and range Now, if you need speed, don’t mind a ‘bit’ of discomfort, and you can live with a small, supercharged ICE – No not a Karma, may I suggest an Ariel Atom... or get a track car."

I admit to being one of the speed freaks as speed it an addiction (and I don't mean the illegal drug). I am VERy sad that I can't afford the initial 4.4 seconds to 60 MPH battery pack and module!

It's not the speed as much as the acceleration. You can drive in a completely legal and safe manner, even with a spirited car. An EV is just that much more fun because the acceleration is there from zero and there isn't the attention grabbing noise to go with it. The gearheads like the noise, I don't.

I do not plan on ever selling mine. I just upgraded to a sig and told my oldest son (of 4 boys) that he should keep the car and just keep fixing it. Whether it needs a new battery, upholstery, carpet, etc.. Then in 100 years, he (or his son) would have a 1 in 1000 car (less by then - accidents, etc..). This is one way to justify the price.

On another note, I also think that people will possibly pay us more (than we paid) to get our model S. A lot of people will pay instead of waiting in line.


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