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re: The Tesla Effect: Cheap European Used Cars

Posted on 10/31/19 at 10:10 am to
Posted by VetteGuy
Member since Feb 2008
28314 posts
Posted on 10/31/19 at 10:10 am to
quote:

In general, Tesla doesn't produce enough inventory to dilute the market on other models.


I respect your opinion as you live the business day to day.

From the surveys I've read, it does seem Tesla is siphoning away some new-car sales from luxury marques, especially BMW/Audi/M-B. That being the case, this would logically affect used car values of those same brands. Hot new, hot used; cold new, cold used.

Lots of folks mentioning traditional (bad) depreciation of German stuff, this article points out that now its worse.
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