Tesla 3 - Build quality?
Discussion
Merry said:
Gone fishing said:
No it hasn’t, not historically, but is now
With the exception of the last few years it very much has. Back in 2017 we bought a 3 year old Outlander, it was half the price it was new. Same as any new car will be now over the same time period.
Gone fishing said:
Last time I checked we were in the Tesla sub forum where low depreciation has been a recurring theme since launch, and not the Outlander forum.
Low depreciation of Model S and X was simply because there were no alternatives. There are now. Low depreciation of Model 3; well in 2019 when it came out in the UK, there weren’t any alternatives in that segment. There are now. 2020 to 2022, low depreciation due to the world going mad and car availability being none existent.
I’m sending a three year old Model 3 Performance back to the lease company in two weeks. Parkers reckon it’s worth 24k to 26k as a private sale, and 27k to 28k from a dealer. That feels about right based on its price new, and previous cars I’ve had over the last twenty years at a similar price point.
t though, and it’s got more rattles than Mothercare. CheesecakeRunner said:
Low depreciation of Model S and X was simply because there were no alternatives. There are now.
Low depreciation of Model 3; well in 2019 when it came out in the UK, there weren’t any alternatives in that segment. There are now. 2020 to 2022, low depreciation due to the world going mad and car availability being none existent.
I’m sending a three year old Model 3 Performance back to the lease company in two weeks. Parkers reckon it’s worth 24k to 26k as a private sale, and 27k to 28k from a dealer. That feels about right based on its price new, and previous cars I’ve had over the last twenty years at a similar price point.
Jeez…Low depreciation of Model 3; well in 2019 when it came out in the UK, there weren’t any alternatives in that segment. There are now. 2020 to 2022, low depreciation due to the world going mad and car availability being none existent.
I’m sending a three year old Model 3 Performance back to the lease company in two weeks. Parkers reckon it’s worth 24k to 26k as a private sale, and 27k to 28k from a dealer. That feels about right based on its price new, and previous cars I’ve had over the last twenty years at a similar price point.
I raise the point that depreciation is now real on Teslas in response to a post quoting super low depreciation and how cheap the cars are/were as a result
I get told all cars depreciate heavily
I make the point that’s not always been the case with Tesla and anyone dipping into Tesla posts will likely see low depreciation mentioned a lot and could easily be misled
I get told other makes of car have always depreciated
I make the point we’re talking Tesla
I get told which Tesla’s had low depreciation, why, and that things have changed .. yes.. thanks.. I know.. that’s why I said what I said
We could also mention Tesla price cuts and over supply, plus dropping of parking sensors and I suspect the new model 3 without indicator stalks will make that a harder sell, etc.
Gone fishing said:
Merry said:
Gone fishing said:
No it hasn’t, not historically, but is now
With the exception of the last few years it very much has. Back in 2017 we bought a 3 year old Outlander, it was half the price it was new. Same as any new car will be now over the same time period.
My point is that it's not anything unusual, as last I checked my Model 3 is very much a car, so will depreciate like one, hence my example.
In fact in the quote you're referring to a Model 3 that was £46k new is now worth £25k, that's about right. The person was not expecting low depreciation. Similar with a £40k BMW now being worth £16k.
Merry said:
I don't think anyone in Tesla land is under any illusion depreciation is now a thing. Anyone that thought the situation from 2019 to 2022 would be permenant was kidding themselves.
My point is that it's not anything unusual, as last I checked my Model 3 is very much a car, so will depreciate like one, hence my example.
In fact in the quote you're referring to a Model 3 that was £46k new is now worth £25k, that's about right. The person was not expecting low depreciation. Similar with a £40k BMW now being worth £16k.
I get endless posts laughing about depreciation. I think mainly because The Macmaster spend £120k on a Taycan and got reamed. My Model Y is a car. It depreciates. They all do. And all markets in all commodities (cars, houses, foodstuffs etc etc) have ups and downs.My point is that it's not anything unusual, as last I checked my Model 3 is very much a car, so will depreciate like one, hence my example.
In fact in the quote you're referring to a Model 3 that was £46k new is now worth £25k, that's about right. The person was not expecting low depreciation. Similar with a £40k BMW now being worth £16k.
My worst ever depreciation was a £50k Volvo S90, bought for £33k as a pre-reg when the dealers ticked every box as a quarter end quota special and couldn't shift it. Then when I sold it less than 3 years later it was worth £16k! Conversely the car I traded that in for - Mitsubishi Outlander PHEV - lost just £500 in 18 months despite me putting 20k miles on it.
These two experiences do not mean anything about all diesel cars or all Volvos or all PHEVs / all Mitsubishis. But the haters foam on about Tesla depreciation. Yet when I look on Autotrader it is nothing horiffic.
Also - you realise depreciation at the point you sell the asset. As I have no intention to sell the Model Y at any point in the next few years, any paper depreciation now is just that - paper. It isn't realised. Whilst some people are morons, most have bought / sold enough cars to know this. Yet post as if they don't...
I bought a new Model 3 Performance, with the white interior & FSD in 2020 - it cost something like £63-65k cash. Experience was pretty woeful (delivered broken etc), managed to get things sorted but it left a sour taste. Ride & road noise was poor as well. I sold it on for £58k after about 6 months.
And looking at the prices today, I am glad I did - for the money it wasn't a good enough product. HOWEVER looking at £20k entry point for 2020 Model 3 Performances is a different question. I am tempted to sell one of the petrol cars and get another, put some better suspension to resolve the ride issues and still have battery warranty etc.
And looking at the prices today, I am glad I did - for the money it wasn't a good enough product. HOWEVER looking at £20k entry point for 2020 Model 3 Performances is a different question. I am tempted to sell one of the petrol cars and get another, put some better suspension to resolve the ride issues and still have battery warranty etc.
LincolnLovin said:
I bought a new Model 3 Performance, with the white interior & FSD in 2020 - it cost something like £63-65k cash. Experience was pretty woeful (delivered broken etc), managed to get things sorted but it left a sour taste. Ride & road noise was poor as well. I sold it on for £58k after about 6 months.
And looking at the prices today, I am glad I did - for the money it wasn't a good enough product. HOWEVER looking at £20k entry point for 2020 Model 3 Performances is a different question. I am tempted to sell one of the petrol cars and get another, put some better suspension to resolve the ride issues and still have battery warranty etc.
How much was the FSD in 2020? Isn't it about £10k?And looking at the prices today, I am glad I did - for the money it wasn't a good enough product. HOWEVER looking at £20k entry point for 2020 Model 3 Performances is a different question. I am tempted to sell one of the petrol cars and get another, put some better suspension to resolve the ride issues and still have battery warranty etc.
LincolnLovin said:
I bought a new Model 3 Performance, with the white interior & FSD in 2020 - it cost something like £63-65k cash. Experience was pretty woeful (delivered broken etc), managed to get things sorted but it left a sour taste. Ride & road noise was poor as well. I sold it on for £58k after about 6 months.
And looking at the prices today, I am glad I did - for the money it wasn't a good enough product. HOWEVER looking at £20k entry point for 2020 Model 3 Performances is a different question. I am tempted to sell one of the petrol cars and get another, put some better suspension to resolve the ride issues and still have battery warranty etc.
Wish I’d sold mine during COVID. Mine got delivered at the start of the first lockdown in March 2020, and that ultimately resulted in a change in my commute from ~800 miles a month to basically zero.And looking at the prices today, I am glad I did - for the money it wasn't a good enough product. HOWEVER looking at £20k entry point for 2020 Model 3 Performances is a different question. I am tempted to sell one of the petrol cars and get another, put some better suspension to resolve the ride issues and still have battery warranty etc.
Even as late as August last year I was being offered £55,700 as a trade in price from Tesla, 2 and a bit years after I bought it. Now I would be lucky to get half that, I think. Obviously the inflated prices were artificial and unsustainable, but I didn’t actually need my car and could have quite easily sold it and made do with something else. Ah well.
You’re essentially right that the Performance model of the Model 3 (Y too I imagine) aren’t worth the money being charged for them. It’s very much a car that is only “worth” the base value, and even at that price you don’t feel like you are getting your monies worth, relative to the competition, in my opinion. An MG4 can be had for a good £6k cheaper and feels a lot better put together, in my opinion.
Will be interesting to see what the Model 3 Plaid (or whatever it’s called) is like, but unless there some real distance between the LR and it then I don’t think it’ll be worth getting. LR + Acceleration Boost is 95% of the P.
Tycho said:
How much was the FSD in 2020? Isn't it about £10k?
£5,800. Went up to £6,800 some time in 2021 I think. It’s never been £10k in the UK.Gassing Station | Tesla | Top of Page | What's New | My Stuff