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Tesla wants to sell you a used Model S

62 pointsby crapshoot101over 10 years ago

5 comments

larrysover 10 years ago
I want someone to explain HN&#x27;s obsession with anything Tesla related. Is it the technology, the disruption or just Elon Musk&#x27;s involvement?<p>I understand articles appear that get upvoted I&#x27;m just wondering why this type of news would get upvoted.
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hnnewguyover 10 years ago
&gt;<i>who want to forgo gas and buy a Tesla but cannot afford the high price of a new Model S</i><p>I love the idea of someone concerned about costs and prices buying a $50,000 used luxury vehicle with an unproven long-term reliability track record.<p>Edit: Wow, downvoted twice before I could even fix my typos. What a community.
ericabizover 10 years ago
&quot;Elon Musk previously guaranteed the resale value of the Model S. Announced in April 2013, those who financed a Model S are allowed to return the vehicle after three years for 43 to 50 percent of its sticker price — just in time to buy a new Tesla vehicle.&quot;<p>I wonder why those numbers are so <i>low.</i> For reference, I recently leased a 2015 Mercedes C400, and the residual (programmed into the lease) is 61% after 3 years. When you&#x27;re looking at a $70,000+ car, the difference between 43% and 61% is pretty dramatic.<p>I&#x27;m wondering if Musk&#x2F;Tesla believes that the technology will change so much that in 3 years no one will want the older Teslas, or just that people who want to buy a Tesla will not care about residual value. Perhaps both?
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arjieover 10 years ago
I wonder what the effects are of buying a luxury car cheaply. Surely at least some portion of buyers are buying it because it&#x27;s cool to have a Tesla. I guess it matters how big a portion.
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jonahover 10 years ago
What I wonder is why people are turning in their leases&#x2F;selling their cars so soon?<p>What are the ratios of, gets a new car every couple years, more car than they could realistically afford, wasn&#x27;t meeting their needs (range, passenger, luggage, person capacity), etc. etc.
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