Prices on certified pre-owned Tesla Model S models appear to be continuing to drop, judging by the offerings currently on the company’s website. Looking at it right now there are a total of 8 Model Ss selling for under $50,000 — including a number of 85s with under 50,000 miles.
The cheapest up currently is a 2013 Model S 60 with around 36,000 miles, selling for $47,000. Notably, there are two 2013 85s selling for under $50,000.
Above $50,000, there are many tens of units selling for just $1,000 to $2,000 more — nearly all of which are 2013s, with a few 2012s and 2014s mixed in as well. Once you get into the higher price ranges the units tend more towards being 2014s, with larger battery-packs, and in possession of very low mileage (presumably higher trim as well).
Interesting price ranges. Considering that the new Tesla Model S 60 is itself not all that expensive (by Tesla’s standards anyways), and the fact that the new 60s are actually outfitted with 75 kilowatt-hour (kWh) battery packs which allow for faster charging and reduced wear (being software limited to 60 kWh, rather than actually that size), it’s hard to tell if going with one of the pre-owned units makes more sense.
It should be remembered that the warranties are different, making the new Model S 60 even more attractive as compared to the used units.
So what’s the takeaway from those rather low prices? Is the company lowering them to try to stimulate sales? Any thoughts on the matter?