SoylentNews is people
SoylentNews
Tesla holds a tight grip on its used vehicle market through its certified pre-owned program. As previously reported, it resulted in the Tesla Model S retaining its value better than gas-powered cars in its segment – losing only 28% after 50,000 miles, according to an Autolist report.
Unfortunately for people looking to get a cheap second-hand Tesla, it wasn't the easiest thing to find a good bargain... until now.
The automaker is now listing a lot of new Certified Pre-Owned Model S vehicles for less than $40,000.
While you could sometimes find a used Model S in the $40,000 price range from different resellers or directly from the owners, it was rare to find a used Tesla Model S for that price in Tesla's Certified Pre-Owned program.
Under the program, the vehicles receive a full inspection and a four-year, 50,000 miles limited warranty with 24 hour roadside assistance on top of the remaining years/mileage of their battery and drivetrain warranty.
But now Tesla is introducing a new version of the program for high mileage cars. They added dozens of them to their list and several are just over $30,000
Though one could argue it's just another auto company pushing its wares, there is the impact that having more Tesla cars on the road increases the incentives for building out more charging stations. With more stations, there is less range anxiety, so more people become willing to buy an electric car, and so the positive feedback loop continues. Those the actual numbers in this case are relatively small, consider that Tesla is on the cusp of rolling out the Model 3 in the near future, as well.
(Score: 2) by bzipitidoo on Friday June 09 2017, @01:57PM (6 children)
I don't track new car prices much, but over $30K always seemed pretty steep. I'm used to thinking of the engine as one of if not the most expensive piece in a car, which meant an electric ought to be significantly cheaper. But... I'm guessing a combustion engine is around $2K. Seems going electric won't bring down the price of a new car as much as I'd hoped.
Can be sure that dealer's parts departments still wildly inflate the prices of replacement parts, so using their prices as a guide doesn't work too well.
(Score: 0, Redundant) by Anonymous Coward on Friday June 09 2017, @02:42PM (2 children)
Tesla is a low-volume manufacturer; that increases costs.
Moreover, an enormous amount of resources has been poured into research and development of the car, from the ground up. Something like a Tesla car doesn't just pop into existence when a few fratboys get together in their garage and decide to make one; it takes serious engineering, trial and error, and the establishment of entirely new flows of resources and manufacturing infrastructure—Guess what? Somebody has to pay for that.
Get it, yet?
(Score: 0) by Anonymous Coward on Friday June 09 2017, @04:52PM (1 child)
Good thing there doesn't appear to be a violently imposed monopoly involved this time.
(Score: 2) by Scrutinizer on Friday June 09 2017, @07:05PM
Unfortunately, Tesla exists because of just such a violently-imposed monopoly based on handouts sourced from taxpayers at gunpoint [latimes.com] and cheap [seekingalpha.com] debt [investmentu.com] made so by "authorized government counterfeiters".
(Score: -1, Flamebait) by Anonymous Coward on Friday June 09 2017, @03:31PM (1 child)
Tesla is a low-volume manufacturer; that increases costs.
Moreover, an enormous amount of resources has been poured into research and development of the car, from the ground up. Something like a Tesla car doesn't just pop into existence when a few fratboys get together in their garage and decide to make one; it takes serious engineering, trial and error, and the establishment of entirely new flows of resources and manufacturing infrastructure—Guess what? Somebody has to pay for that.
Get it, yet?
(Score: 0, Troll) by fakefuck39 on Saturday June 10 2017, @05:34AM
Moreover, an enormous amount of resources has been poured into research and development of the car, from the ground up. Something like a Tesla car doesn't just pop into existence when a few fratboys get together in their garage and decide to make one; it takes serious engineering, trial and error, and the establishment of entirely new flows of resources and manufacturing infrastructure—Guess what? Somebody has to pay for that.
Get it, yet?
(Score: -1, Redundant) by Anonymous Coward on Friday June 09 2017, @05:27PM
Tesla is a low-volume manufacturer; that increases costs.
Moreover, an enormous amount of resources has been poured into research and development of the car, from the ground up. Something like a Tesla car doesn't just pop into existence when a few fratboys get together in their garage and decide to make one; it takes serious engineering, trial and error, and the establishment of entirely new flows of resources and manufacturing infrastructure—Guess what? Somebody has to pay for that.
Get it, yet?