Tesla Model 3 Bucks Trend of Electric Vehicles Depreciating Rapidly

[ismartganesh]

Tesla Model 3 Bucks Trend of Electric Vehicles Depreciating Rapidly

The average vehicle coming off a three-year lease has lost 52 percent of its value, but a Model 3 only loses about 10 percent, one study finds.

• On average, your average new sedan depreciates 39 percent in its first three years. Trucks go down 34 percent. But electric vehicles drop an astonishing 52 percent, according to iSeeCars, which evaluated values of cars coming off lease.
• The outlier is the Tesla Model 3—both compared to other EVs and the market as a whole—which iSeeCars estimates is worth only 10 percent less coming off lease after three years than when it was new.
• Tesla's technological advantages—real and perceived—are a big reason the 3 keeps so much of its value. They help keep the Model S and X above average as well.

[tom bhayya]

lepandra stock ni to Jupiter 

[sattipandu]

1 hour ago, ismartganesh said:

Tesla Model 3 Bucks Trend of Electric Vehicles Depreciating Rapidly

The average vehicle coming off a three-year lease has lost 52 percent of its value, but a Model 3 only loses about 10 percent, one study finds.

• On average, your average new sedan depreciates 39 percent in its first three years. Trucks go down 34 percent. But electric vehicles drop an astonishing 52 percent, according to iSeeCars, which evaluated values of cars coming off lease.
• The outlier is the Tesla Model 3—both compared to other EVs and the market as a whole—which iSeeCars estimates is worth only 10 percent less coming off lease after three years than when it was new.
• Tesla's technological advantages—real and perceived—are a big reason the 3 keeps so much of its value. They help keep the Model S and X above average as well.

X depreciated a bit higher than othermodels but 

compared to traditional gasoline cars yes they seem to retain almost 84-87% purchase value on avg after  3 yrs of usage 

lower the miles the more the retained value , even if its an older tesla 

this is also apparent in their pre-owned tesla sale website 

[perugu_vada]

Incentives kuda icharu kada 4-5k 2-yrs back konnavaalla ki

yes, depreciation value seems less to tesla

[tom bhayya]

20 minutes ago, perugu_vada said:

Incentives kuda icharu kada 4-5k 2-yrs back konnavaalla ki

yes, depreciation value seems less to tesla

but its not affordable to all kadha, now that thaatha coming back and federal credits going away it will be tough 

[kreole]

Anthaa sodhi. Ekkada nunchi testharo ee stats. Nenu 8 months old Model 3, with around 7k miles Tesla vaadini trade in value adiga, they gave me a quote with nearly 25% depreciation. 

[sattipandu]

3 minutes ago, tom bhayya said:

but its not affordable to all kadha, now that thaatha coming back and federal credits going away it will be tough 

haha navvalo edavaloo teliyatla ..... 

endhooooo  ee anta.com ni minchinollu mana deggarey unnaaru 

 

[tom bhayya]

3 minutes ago, sattipandu said:

haha navvalo edavaloo teliyatla ..... 

endhooooo  ee anta.com ni minchinollu mana deggarey unnaaru 

 

The U.S. federal government is subsidizing electric cars with a $7,500 consumer tax break for the first 200,000 vehicles an automaker sells. Once the threshold is met, the tax credit is cut by half for all vehicles sold over the next six months and is then halved again for another six months before running out completely.

The U.S. Congress at the end of 2019 declined to extend the cap to 600,000 electric vehicles per carmaker. 

So far, only Tesla and General Motors Co have hit the cap. Subsidies for Tesla finished at the end of 2019, while those for GM will run out on March 31.

[sattipandu]

14 minutes ago, tom bhayya said:

The U.S. federal government is subsidizing electric cars with a $7,500 consumer tax break for the first 200,000 vehicles an automaker sells. Once the threshold is met, the tax credit is cut by half for all vehicles sold over the next six months and is then halved again for another six months before running out completely.

The U.S. Congress at the end of 2019 declined to extend the cap to 600,000 electric vehicles per carmaker. 

So far, only Tesla and General Motors Co have hit the cap. Subsidies for Tesla finished at the end of 2019, while those for GM will run out on March 31.

haha so em ardham ayyindhi mastaru???

tesla owners havent been getting this discount from quite some time.  from 2017-18 i think

Tesla as a company gets those from  legacy guys arent making and selling many electric  cars. FCA and Ford lantollu .

[tom bhayya]

Just now, sattipandu said:

haha so em ardham ayyindhi mastaru???

tesla owners havent been getting this discount from quite some time.  from 2017-18 i think

Tesla as a company gets those from  legacy guys arent making and selling many electric  cars. FCA and Ford lantollu .

7500$ expired late 2019 mastaaru dems vasthey extend chesey vallu emo antunna

[siru]

56 minutes ago, sattipandu said:

X depreciated a bit higher than othermodels but 

compared to traditional gasoline cars yes they seem to retain almost 84-87% purchase value on avg after  3 yrs of usage 

lower the miles the more the retained value , even if its an older tesla 

this is also apparent in their pre-owned tesla sale website 

do u own X? 

[sattipandu]

2 minutes ago, siru said:

do u own X? 

no man, even my wife isnt that rich 😆

[sattipandu]

5 minutes ago, tom bhayya said:

7500$ expired late 2019 mastaaru dems vasthey extend chesey vallu emo antunna

adhi elaaguuu cheyyaru evaru vachinaaa , thats the point, its unfavourably skewed towards tesla , reps or dems , that tax credit thing for tesla buyers is  gone thing...

that was my point.

the slower the shittier legacy car making guys are in this race, the more they will keep losing.  how u may ask

the regular manufacturers now have an incentive to sell more ev cars and hit that 200, 000 mark

but the sad thing they arent making any and no one is buying those products 

look at Nissan Leaf, they sell so few many that they have not run out of tax credits yet.

its a good thing for a prospective buyer as he tends to gain from it but it also raises a question, why arent these selling like hot cakes, may the battery isnt as good, may be the range isnt as good , may be the exp isnt as good, also residual value etc etc 

 

nenu edo blog lo chadiva ev tax credit dilemma for us industry ani , history lo untaadhi link pamputha vethiki 

[tom bhayya]

1 minute ago, sattipandu said:

adhi elaaguuu cheyyaru evaru vachinaaa , thats the point, its unfavourably skewed towards tesla , reps or dems , that tax credit thing for tesla buyers is  gone thing...

that was my point.

the slower the shittier legacy car making guys are in this race, the more they will keep losing.  how u may ask

the regular manufacturers now have an incentive to sell more ev cars and hit that 200, 000 mark

but the sad thing they arent making any and no one is buying those products 

look at Nissan Leaf, they sell so few many that they have not run out of tax credits yet.

its a good thing for a prospective buyer as he tends to gain from it but it also raises a question, why arent these selling like hot cakes, may the battery isnt as good, may be the range isnt as good , may be the exp isnt as good, also residual value etc etc 

 

nenu edo blog lo chadiva ev tax credit dilemma for us industry ani , history lo untaadhi link pamputha vethiki 

yes but the point is tsla is not profitable and affordable 

[Sucker]

Rich kids kashtalu anni ikkade vunnai.