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tesla depreciation comparison

Discussion in 'Tesla' started by bisco, Jul 18, 2023.

  1. bisco

    bisco cookie crumbler

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    i'm currently researching ev's for my next purchase and have landed on the modely y as a good option.

    looking at the current pricing, the long range is about $3,000. more than standard.

    reading around the internet, opinions seem to be mixed. i don't need long range, as this will be an around town vehicle, but is it woth the extra money when it comes tome to trade in?
     
  2. hill

    hill High Fiber Member

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    New? or gently used ... (still has warranty)
     
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  3. bisco

    bisco cookie crumbler

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    with $11,000. available in tax credits to me, new is cheaper than used.
     
  4. bisco

    bisco cookie crumbler

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    also, looking at model 3, this trunkmeasurement with seats down has me rethinking i may not need the model y.

    watch
     
  5. hill

    hill High Fiber Member

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  6. john1701a

    john1701a Prius Guru

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    The topic of depreciation requires looking at battery chemistry... Tesla has been bouncing around with NCA, NMC and LFP.
     
  7. hill

    hill High Fiber Member

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  8. bisco

    bisco cookie crumbler

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    is the current battery chemistry sub par?
     
  9. Trollbait

    Trollbait It's a D&D thing

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    Is the chemistry in your PiP subpar? LFP might have a draw in a used EV as it should have longer life and be safer in terms of fire. Otherwise, they are fairly interchangeable. Mostly, uses different ones is about reducing costs. Current Teslas don't LFP, as their supply doesn't qualify for the full tax credit.

    I suspect most future used EV buyers are going to look at remaining capacity, and not dig deeper into the battery. Sounds like your use will be easy on the battery, so capacity loss should be minimal.

    As for the depreciation, the long range should hold value a little better, but I wouldn't spend the extra $3000 for just that reason.
     
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