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re: The Tesla Effect: Cheap European Used Cars
Posted on 10/31/19 at 10:14 am to biglego
Posted on 10/31/19 at 10:14 am to biglego
quote:
Tacomas also seem to go up in value the older they get
Agreed.
Another car that doesn't depreciate horribly is the 911.
You can drive that car for 1-2 years and get 80-85% of MSRP. Pretty amazing considering it is a German sports car.
0
Posted on 10/31/19 at 10:24 am to VetteGuy
You want a cheap used European car?
Wait 1 year after the Taycan rollout and you'll pull in a Model S at a sweet discount.
Wait 1 year after the Taycan rollout and you'll pull in a Model S at a sweet discount.
Posted on 10/31/19 at 10:34 am to NYCAuburn
I sort of agree. Audi and Merc ev sales have been pretty poor. The GLE EV shares 90% of the parts as the gas version which makes perfect sense except I think EV buyers are still early adopters and want something different.
But...
Once the Taycan gets scaled up, Tesla is going to feel a world of pain. All the knocks on Tesla (small dealer network, impossible parts availability, trade in problems, QC problems) will be non existent with Porsche.
But...
Once the Taycan gets scaled up, Tesla is going to feel a world of pain. All the knocks on Tesla (small dealer network, impossible parts availability, trade in problems, QC problems) will be non existent with Porsche.
Posted on 10/31/19 at 10:34 am to VetteGuy
Holding out for a Panamera
Posted on 10/31/19 at 10:37 am to VetteGuy
BMW/Mercedes lowered their values somewhere around 2012-2015 due to a surging Black Middle Class (not a negative thing, a good thing).
Now that Tesla has done the same last year with their cheaper models. It's about to get worse for the Euro Luxury Car business.
Now that Tesla has done the same last year with their cheaper models. It's about to get worse for the Euro Luxury Car business.
Posted on 10/31/19 at 11:01 am to biglego
quote:
Tacomas also seem to go up in value the older they get
Back in 2000 I reluctantly traded in my 98 TRD for a family SUV due to the birth of my first squid. After 26 months of driving it, CarMax gave me 600.00 less than I bought it for. Made money on it. I would give anything to have it back.
Posted on 10/31/19 at 12:52 pm to BuckeyeFan87
It's the severity that sets the German cars apart in this regard. Obviously all cars depreciate, but german cars do so more rapidly than others.
Posted on 11/3/19 at 6:59 pm to NYCAuburn
quote:I'm not sure about this.
And as soon as the European brands EV's start really rolling out Tesla's market share is going to drop
I think people just don't know enough about EVs generally speaking for their sales to be super high.
But once EVs become more acceptable and more people are wanting them, you could argue this will eventually benefit Tesla as they obviously have the upper hand in all that goes with having an EV car.
quote:range, super charging network, software, safety, among other things. Certainly not just range.
Tesla filled a needed void but their only hope right now is range
Posted on 11/3/19 at 7:04 pm to wutangfinancial
quote:This is the same poster who said there was no demand for Tesla earlier this year and thought I was crazy for suggesting Teslas have great resale value, so I'd advise posters to take that into consideration when he makes any predictions related to Tesla.
You want a cheap used European car?
Wait 1 year after the Taycan rollout and you'll pull in a Model S at a sweet discount.
You've been so wrong before, terribly wrong to be honest.
I'd bet you've said so and so EV will be the Tesla killer multiple times before,and it's yet to happen.
This post was edited on 11/3/19 at 7:05 pm
Posted on 11/3/19 at 7:16 pm to wutangfinancial
quote:
You want a cheap used European car?
Wait 1 year after the Taycan rollout and you'll pull in a Model S at a sweet discount.
I don´t think you wrote what you meant to say.
Posted on 11/3/19 at 7:26 pm to Dandy Lion
quote:He seems to be in every Tesla thread bashing away without ever providing anything to back his claims up and just ignoring any data I post to back up my thoughts while just saying I'm wrong.
I don´t think you wrote what you meant to say
He had a rant about how horrible Teslas hold value, despite being right up near the top by available data.
I actually thought about his take on Tesla resale value when I was stopped in a grocery store parking lot and offered a couple thousand more than the "sticker price" of my 6 month old car
Posted on 11/3/19 at 7:33 pm to Yewkindewit
quote:My dads model X gave me vertigo after a couple of 0-whatever’s in ludicrous mode.
acceleration is neck snapping
I swear I pulled a few G’s. It’s hard to believe how fast a Tesla can go.
This post was edited on 11/3/19 at 7:34 pm
Posted on 11/3/19 at 7:33 pm to CptRusty
quote:
It's the severity that sets the German cars apart in this regard. Obviously all cars depreciate, but german cars do so more rapidly than others.
Depends on the class of car. All of the higher end sedans from most any manufacturer have horrendous resale. It's not unique to the Germans, they just have a large chunk of that market so it's more obvious.
Posted on 11/3/19 at 7:36 pm to BuckyCheese
And surveys are showing people are holding off buying an ICE vehicle because all the big manufacturers are working to bring great EV’s to the market.
This post was edited on 11/3/19 at 7:40 pm
Posted on 11/3/19 at 7:50 pm to VetteGuy
Forbes has been pushing a lot of crap about car values lately. Probably some ulterior motive there.
Posted on 11/3/19 at 7:52 pm to shel311
You are completely ignoring several key facts here, the first being that Tesla is likely the most mismanaged company in existence, the second and far more important thing is there is not an insatiable global market for 100 grand plus cars and Tesla bleeds money on everything not a model S.
They will not survive despite being first to market due to Musk, brilliant inventor but a piss poor businessman.
They will not survive despite being first to market due to Musk, brilliant inventor but a piss poor businessman.
Posted on 11/3/19 at 8:04 pm to cave canem
quote:A bit of hyperbole but yes, they do suffer from mismanagement, I'm aware of that.
You are completely ignoring several key facts here, the first being that Tesla is likely the most mismanaged company in existence
quote:They don't lose money overall on the Model 3. If they did, they'd already be dead in the water, but they aren't.
the second and far more important thing is there is not an insatiable global market for 100 grand plus cars and Tesla bleeds money on everything not a model S.
quote:I'm confident they'll survive but I do agree with the 2nd part.
They will not survive despite being first to market due to Musk, brilliant inventor but a piss poor businessman
Posted on 11/3/19 at 8:08 pm to BuckyCheese
quote:Not Lexus.
All of the higher end sedans from most any manufacturer have horrendous resale.
Posted on 11/3/19 at 8:12 pm to shel311
quote:
they do suffer from mismanagement
The Titanic was a boat
quote:
They don't lose money overall on the Model 3. If they did, they'd already be dead in the water, but they aren't.
One of us will be proven correct, lets just wait and see.
quote:
I'm confident they'll survive
Short of being absorbed by an old line company I see no way out for them, just too much competition coming to market and they will eat Tesla alive on QC issues.
Posted on 11/3/19 at 8:17 pm to bhtigerfan
quote:
All of the higher end sedans from most any manufacturer have horrendous resale.
Not Lexus.
Used Lexus LS through Carfax
You were saying? A Silverado 1500 of the same model year is worth more than those cars while costing far less new.
Or did you miss the "higher end sedan" part of comment?
I swear people can't fricking read here.
This post was edited on 11/3/19 at 8:17 pm
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