Gonna get a used model S

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Philaphlous   1 kW

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Gonna get a used model S

Post by Philaphlous » Jun 09 2019 2:11pm

If all goes to plan I should have a new job lined up for myself in the next few months... With that my aging honda accord from 2010 needs replaced...

I'm starting to see model S's 60 and 85 starting to dip into the low $30k number. A mid range 3 would set me back about 40 so not really my kinda price point but I could do $30k. I'm hoping to buy about a year from now... Maybe long range 3's will be that low of a price on the used market?

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Re: Gonna get a used model S

Post by flat tire » Jun 09 2019 2:26pm

Since you're poor a used Tesla is probably the last thing you should buy. Or at least wait til you have enough money to afford one of the fast ones.

Philaphlous   1 kW

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Re: Gonna get a used model S

Post by Philaphlous » Jun 09 2019 3:31pm

Uh not really... Waiting to buy a car till it's major years of depreciation have passed is a heck of a lot better than rolling off the lot with a brand new car and especially putting 10 miles on the car and having it depreciate $2000 in about 10 minutes...

Plus I wouldn't generalize either. I wouldn't consider myself "poor" when I'm living in one of the most expensive cities in the United state and spend 45% of my income on rent..just being able to afford a car in our area is kind of a luxury... With this new job I'll probably put like 100 miles a month on the car with commuting...lol

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knoxie   10 MW

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Re: Gonna get a used model S

Post by knoxie » Jun 11 2019 6:06am

Buying a Tesla out of warranty isn't to be recommended, there are so many faults with the early cars and unless you really know what you are doing working on these cars is a pain because Tesla arent keen selling parts to the public although they do it now, see Richrebuilds videos on youtube if you want to see whats involved, I would only buy a Tesla with warranty, else stick with a gas car and if you really must go electric and you have a short commute look at cheaper alternatives.
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Re: Gonna get a used model S

Post by Hillhater » Jun 11 2019 6:27am

Philaphlous wrote:
Jun 09 2019 2:11pm
I'm starting to see model S's 60 and 85 starting to dip into the low $30k number. A mid range 3 would set me back about 40 so not really my kinda price point but I could do $30k. I'm hoping to buy about a year from now... Maybe long range 3's will be that low of a price on the used market?
Yes,..a year from now those M3’s will become available used.
....a much more secure way to throw $30k at a used EV than a 4 year old “S”
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Re: Gonna get a used model S

Post by Philaphlous » Jun 12 2019 4:38am

It might sound like a particularly bad idea.... It's just 2 things. 1. I will eventually need a new car since I'm rolling around in my 2010 accord and 2. I freaking hate gasoline at this point having to drive out of the city to get gas since its $3.75+/gal in the city...

Conceptually the electric car sounds like a good idea, practically I'm not so sure... I can barely fit my vehicle in our parking pad as it is and the S would be like 6 inches wider and 9 inches longer, I'd have to do some major modifications to the back landscape and fence to fit the car... 2. Only way to charge it would be 120v since we don't own the home... A lot of streets are freaking narrow 2 way or 1 way streets, I see S's drive in the city but it might be a pain...

I think if my next move up in my career affords the luxury AND my commute requires me to drive, I'll look for an S... maybe a Model 3 used but I'm leaning more toward the S.

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Re: Gonna get a used model S

Post by cricketo » Jun 12 2019 1:55pm

Philaphlous wrote:
Jun 12 2019 4:38am
I think if my next move up in my career affords the luxury AND my commute requires me to drive, I'll look for an S... maybe a Model 3 used but I'm leaning more toward the S.
So are you asking or telling ? Generally, would you buy a 4 year old super fancy smartphone instead of getting a way newer, perhaps not as fancy, but plenty loaded modern device ?

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cal3thousand   1.21 GW

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Re: Gonna get a used model S

Post by cal3thousand » Jun 12 2019 3:00pm

Honda Accords are notoriously cheap to maintain, efficient, reliable, and enduring. 9 years is nothing for a Honda Accord, I regularly see people running them from the 90s still. You've got 20 years on those guys.

I want a Tesla Model S too, but I know it is a luxury car and as such, I won't be buying one soon. I already have a 2009 car that runs and will continue to do so for another 10 years.

If you want a Model S, then you want one. But I don't think 'aging' Accord is a really good reason to explain any type of need. It's a bit of a reach.

Want to save money? Find a state that does not charge sales tax on the full amount of the vehicle purchase and 'move' there.
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Re: Gonna get a used model S

Post by flat tire » Jun 12 2019 5:58pm

Philaphlous wrote:
Jun 09 2019 3:31pm
I wouldn't consider myself "poor" when I'm living in one of the most expensive cities in the United state and spend 45% of my income on rent
So you're objectively poor. Goddamn lol.

Anyway phrase it however you want but the Tesla is not affordable for you.

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Re: Gonna get a used model S

Post by neptronix » Jun 13 2019 12:13am

I would never ever touch a Tesla because i know how hard the company makes it to repair your own car or even obtain parts.

They're excellent cars in a lot of ways, but from a financial perspective, you're up there with luxury cars in terms of rapid depreciation and repair costs. There's a reason why that $100k car is worth $40k in such a stunningly short period of time.

I'd rather have a second generation Hyundai Ioniq Electric, or something like it.
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Re: Gonna get a used model S

Post by Chalo » Jun 13 2019 12:39am

There's no getting around it: cars are for chumps. They are one of the principal tools by which ordinary people are deprived of their ability to build financial equity or personal freedom.

And then they use this tool that was already being used to beat them down, to beat other people down with. It's weaponizing idiots.
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Re: Gonna get a used model S

Post by Routybouty » Jun 19 2019 10:30pm

Thanks Chalo for the useful input to the convo...

I would test drive an S and 3 before making the jump. They both have their advantages. It sounds like your living situation would be negative towards the S due to its size. What about a Volt? It's smaller, cheaper, still uses battery only if the commute is short enough, reliable, less charging requirements.
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Re: Gonna get a used model S

Post by LeftieBiker » Jun 19 2019 10:42pm

Depending on your local climate, a used 2014-2015 Leaf might work well for you, at a fraction of the cost. I've written a used Leaf buying guide, and will post it here if anyone is interested.
Last edited by LeftieBiker on Jun 20 2019 4:48am, edited 1 time in total.

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Re: Gonna get a used model S

Post by billvon » Jun 19 2019 10:52pm

neptronix wrote:
Jun 13 2019 12:13am
I would never ever touch a Tesla because i know how hard the company makes it to repair your own car or even obtain parts.

They're excellent cars in a lot of ways, but from a financial perspective, you're up there with luxury cars in terms of rapid depreciation and repair costs. There's a reason why that $100k car is worth $40k in such a stunningly short period of time.
Which is very good news if you are buying used, as this guy is.
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Re: Gonna get a used model S

Post by cricketo » Jun 20 2019 1:08am

neptronix wrote:
Jun 13 2019 12:13am
There's a reason why that $100k car is worth $40k in such a stunningly short period of time.
:lol: What are you referring to ? Currently new Long Range (370mi) S is at $85,000 out of pocket. Closest, cheapest equivalent is previously repaired 2017 Long Range (335mi) listed at $70,400. Next threshold is 2016 90D (294mi) at $51,500.

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Re: Gonna get a used model S

Post by cricketo » Jun 20 2019 1:17am

Chalo wrote:
Jun 13 2019 12:39am
There's no getting around it: cars are for chumps. They are one of the principal tools by which ordinary people are deprived of their ability to build financial equity or personal freedom.

And then they use this tool that was already being used to beat them down, to beat other people down with. It's weaponizing idiots.
We have your quality dope here in Portland too. Keep it weird!

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