Model X Residuals

Model X Residuals

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ant1973

Original Poster:

5,693 posts

206 months

Tuesday 3rd November 2020
quotequote all
The tax advantages of electric cars are well known.

Comcar suggests that a 7 seat model X LR with 50k on the clock after 5 years is worth £38,525 (list of £86,325).

The second hand market for the 75D suggests that, if anything, those figures are very conservative.

Anyone differ? Can't quite my head round paying £85k for a new car but the sums still work in my favour compared with a diesel 7 seater.

ant1973

Original Poster:

5,693 posts

206 months

Wednesday 4th November 2020
quotequote all
Thanks for the responses. I am struggling to write a cheque for 85k in general. As this would be a business loan, they are not guaranteeing the residual on a PCP either. If I could pick up a three year old for £50k I might take a different view but I just know that spending £85k on a car is OTT. The lease costs are astronomical as well e.g. 30k for two years. Something not quite right with the Tesla model but I just can’t put my finger on it.

ant1973

Original Poster:

5,693 posts

206 months

Wednesday 4th November 2020
quotequote all
Heres Johnny said:
ant1973 said:
If I could pick up a three year old for £50k I might take a different view
Why don't you because you can?
Really? I could not see any on autotrader aside from a few leggy 75Ds.

ant1973

Original Poster:

5,693 posts

206 months

Wednesday 4th November 2020
quotequote all
Heres Johnny said:
ant1973 said:
Heres Johnny said:
ant1973 said:
If I could pick up a three year old for £50k I might take a different view
Why don't you because you can?
Really? I could not see any on autotrader aside from a few leggy 75Ds.
These cars go for miles so don't be too off put

There's a 90D 65k miles for 48,500 and a 2017 75D with 35k miles (and still some original warranty) advertiused at 53k and its been listed for nearly a month so they'd almost certainly take a bid
Interesting - must have another look.

I think you can extend the warranty by 4 years as well for c. £4k? Don't fancy owning one out of warranty given the purchase price.

ant1973

Original Poster:

5,693 posts

206 months

Wednesday 4th November 2020
quotequote all
gangzoom said:
ant1973 said:
Really? I could not see any on autotrader aside from a few leggy 75Ds.
I wouldn't be too worried about buying used providing you check the battery of the car hasn't been hammered by the previous owner through 'free unlimited' supercharging.

As someone mentioned before most used cars should have had the initial reliability issues sorted by Tesla, there were/are quite a few, in no particular order:

1: 'Ghosting' at night, where on coming headlights would 'double' up, Tesla introduced a new front windscreen design which has sorted this.
2: New design in door latches for front doors, both passenger + drivers side on my cars has been replaced with new designs.
3: 'Shudder' on acceleration - This has been fixed with new front motor mount and revised drive shaft design
4: Drivers seat rails not secured - New design has sorted this.
5: Front suspension links will break, not if just when - New design apparently has fixed this.
6: Water leaks into the rear when opening the rear doors - This shouldn't happen, but many Tesla service centers try to claim its 'normal', its not and Tesla can sort it with new door seals.
7: The heater element has fails early - Alot of car seems to have been effected last 12 months, but not every one.
8: MCU1 screen/failure - MCU1 screen will go yellow with time, and will eventually fail. Tesla now offer a MCU2 update which is well worth doing.
9: Am sure there has been more stuff but I just cannot remember right now....

You can now see what these cars were/are classed as unreliable, they are!!

It's probably worth pointing out the current new Xs aren't issue 'free', they suffer from a new acceleration shudder which Tesla hasn't resolved yet, and the top plane of glass between the FWDs appear to fly off for no reason. Overall I would rather keep our X knowing all the stuffs that been changed than get a new one and have to go through the snagging list again - It took Tesla 2 years to finally sort out all the original problems what were present on delivery (those aren't in the list).

BUT touchwood, ours for the last 10 months or so has been fine. The interior wear/tear is actually minimal, and battery degradation is just below 5%, we are planning to keep it till at least 2025 when the battery/motor warranty runs out.

Buy new or used, regardless of the price, if you are expecting the 'perfect' car at delivery/handover espeically interms of reliability I would look else where.



Edited by gangzoom on Wednesday 4th November 12:45
Thanks for taking the time to post that - all very helpful.

Out of interest did you extend your warranty?

ant1973

Original Poster:

5,693 posts

206 months

Wednesday 4th November 2020
quotequote all
gangzoom said:
ant1973 said:
Thanks for taking the time to post that - all very helpful.

Out of interest did you extend your warranty?
Haven't decided yet.

I have 10 months of warranty left, so will see. I've just had the MCU2 update which really has surprised me at how 'fresh' it makes the car feel, interms of getting access to the latest infotainment software. Having Netflix access on the car seems like such a small thing, but to a 4 year old its like xmas+holidays+new year all rolled into one!! The car has now been nicked named as the '2nd living room' smile.

If you get one, go for the white interior, on the X it really makes the whole cabin feel even more spacious than it already is, and as you can see even with kids it wears very little, our car was 3 years old in September.

I have a charming and delightful daughter as well; sadly I also have two feral boys who destroy everything they touch... The white looks great but I fear how it might look after a few journeys. Black for me!