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What they don’t tell you about used Tesla pricing 

Bassman
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#teslamodels #usedcars #teslaprice #teslanews
Some guy from Reddit tracked the price of 3000 used Teslas, here is what I found
He tracked the price of used cars listed on the Tesla website for the last 4 months. In total, he tracked \~3000 cars. He focused on cars listed in the San Francisco Bay Area. He used a linear regression model to determine what factors influence the price.
*Some insights:*
Model Y and Model 3 cars are listed for 5 days on average before being removed/sold. Model X and S take a little longer, with an average of 7 days.
Tesla automatically lowers the price if a car does not sell. On average the price decreased by $200 per day.
68% of all cars have basic Autopilot, 29% have FSD, 3% come with Enhanced Autopilot.
99% of eligible used cars include the Acceleration Boost option.
**Pricing factor estimates by model:**
*Model 3*
Price reducing factors
$97 per 1000 miles driven
$127 for each extra month in age
$860 when previously repaired
Model variants:
$3500 for Long range ($9000 new)
$2300 performance version (new $7000)
Premium options:
$1400 for EAP
$2600 for FSD (new $8000)
$90 for the white interior (new $1000)
Black ($221) and gray ($150) have a better resale value, compared to red (-$142), white (-$93) and blue (-$56).
No difference was found between 18 and 19 inch wheels ($1000 new)
*Model Y*
Price reducing factors
$133 per 1000 miles driven
$239 for each extra month in age
$1600 when previously repaired
Model variants:
$5500 for AWD ($3000 new)
$3100 performance version (new $7000)
Premium options:
$1900 for EAP
$2800 for FSD (new $8000)
$120 for the white interior (new $1000)
Red ($341) and black ($199) have a better resale value, compared to gray (-$121), white (-$113) and blue (-$306).
20 inch wheels $350 premium (new $2000)
*Model X*
Price reducing factors
$183 per 1000 miles driven
$424 for each extra month in age
$1700 when previously repaired
Model variants:
$8500 for plaid (new $22500)
Premium options:
$5500 for FSD (new $8000)
White ($300) and cream ($1237) have a better resale value.
White ($341) and black ($232) have a better resale value, compared to gray (-$299), red (-$729) and blue (-$588).
*Model S*
Price reducing factors
$211 per 1000 miles driven
$538 for each extra month in age
$2000 when previously repaired
Model variants:
$8200 for plaid (new $15000)
Premium options:
$4500 for FSD (new $8000)
White ($1,100) and cream ($610) have better resale value.
Red ($604) and blue ($118) have a better resale value, compared to black (-$780), white (-$451), and gray (-$431).
Great info from @Reddit

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25 окт 2024

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Комментарии : 10   
@jimmiecox3183
@jimmiecox3183 2 месяца назад
Great information, that i can use. Thanks!
@bassmanwho
@bassmanwho 2 месяца назад
Glad that this is helpful. I should thank the guy who did the study and posted on Reddit. :)
@klqc4915
@klqc4915 2 месяца назад
Somehow Model 3‘s prices of the same model also seem to increase depending on the day even if not sold. Do you know something about that?
@bassmanwho
@bassmanwho 2 месяца назад
From my experience here in Taiwan, I saw the price hike when demands are higher. Around second quarter of last year I found the price hikes to be significant.
@Aslam_Aliyu
@Aslam_Aliyu 2 месяца назад
Also are these price reductions put against the current MSRP of the same car or the MSRP of the car at time of purchase
@bassmanwho
@bassmanwho 2 месяца назад
These price reductions reflected on the prices posted on teslas website for used vehicles.
@Aslam_Aliyu
@Aslam_Aliyu 2 месяца назад
Can you share the Reddit posts
@bassmanwho
@bassmanwho 2 месяца назад
www.reddit.com/r/TeslaLounge/s/pqlMcqPpme
@Bossman21-
@Bossman21- 2 месяца назад
Got my first Tesla Model 3 for $16,500 from Tesla!
@bassmanwho
@bassmanwho 2 месяца назад
That’s a great price actually! Congrats!!
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