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This week's EV bargain that I'm not buying

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Comments

  • Moderators, Society & Culture Moderators Posts: 41,426 Mod ✭✭✭✭Gumbo


    All of those are standard on every single Tesla. Not complicated at all.



  • Registered Users, Registered Users 2, Paid Member Posts: 13,335 ✭✭✭✭the_amazing_raisin


    No no, the first rule of the EV & hybrid forum is that regardless of the thread title they all turn into an argument about Tesla 😂

    On the topic of bargains I didn't buy, I saw the €24k ID.3 Style is gone, next cheapest is a couple of Lifes for just over €25k so not many bargains there

    This one seems like the best deal for a VW at the moment

    https://www.donedeal.ie/cars-for-sale/2021-volkswagen-id-3-pro-150-kw-style-auto/33683893

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 4,474 ✭✭✭joe1303l


    It’s a bit paddy spec but it’s the 204bhp long range model with plenty warranty left. https://www.donedeal.ie/view/34774050

    VW ID4 LIFE 77KWH 204HP PROPERF



  • Registered Users, Registered Users 2 Posts: 2,887 ✭✭✭Casati


    Tesla dont seem to be advertising any 'new' used cars - why is this? Surely many buyers of new Tesla's have been trading in 2 or 3 year old Tesla's rather than trying to sell them privately? Yes Ive heard a million times its cheaper to sell private and buy direct but lets face it most buyers of cars are'nt looking to start a new career in car sales and generally folk who buy new every 2 or 3 years tend to trade in.

    Are Tesla sitting on a big stock of nice 2 year old Model 3's? If they are trading them on then you'd imagine they are missing out on a massive margin as the traders buyings used Tesla's are going to bid bottom book. Selling used cars has been a nice profit stream for them in the U.S. too.



  • Registered Users, Registered Users 2 Posts: 4,474 ✭✭✭joe1303l


    I wouldn’t think so, Tesla trade in values have been very poor for at least 6 months. They don’t have the space in Sandyford to handle used car sales even if they had stock. Graham Walker often has nearly new Tesla’s for sale and has a good reputation.



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  • Registered Users, Registered Users 2 Posts: 10,638 ✭✭✭✭User1998


    They are all heavily overpriced, why does anyone buy from him



  • Registered Users, Registered Users 2 Posts: 4,474 ✭✭✭joe1303l


    Probably convenience mainly. If he has a car advertised you can actually just go and buy it rather than waiting around for Tesla’s magic delivery dates. He may also give better trade in rates. It’s all about the cost to change if you have something decent to trade up from.



  • Registered Users, Registered Users 2 Posts: 4,434 ✭✭✭sk8board


    Tesla will eventually have to run a 2nd hand network though, right? They’ll have too many customers to ignore.

    Kia/Hyundai/bmw etc can easily offer better trade-ins on Tesla’s in order to get people to switch.

    Shifting a relatively expensive 2nd hand car is hard at the best of times - and tesla literally don’t want their own cars back.



  • Moderators, Society & Culture Moderators Posts: 41,426 Mod ✭✭✭✭Gumbo


    I dealer is offering good value trade in on any car at the moment due to the serious drop every single EV has taken.

    VW, polestar all have serious stock levels sitting there unsold. Price cuts might help but they still can’t shift them. Polestar have a glut of old model cars now. Nobody should be buying one of them with the new model released an on its way. They’ve had to reduce their prices to shift old stock.

    VW have dropped trade in prices by over €10k on 221 ID3’s recently. They were paying mid 30’s now lucky to get mid 20’s which is normal depreciation.

    Tesla the same. Trade prices now reduced to normal depreciation that people forgot about during covid. I made €12k on one car in a month or 2. That couldn’t continue. It was madness. I had dealers trying to out if private buyers on anything I sold on DoneDeal.

    A different market we are in now. People are holding back a bit now with souring costs of everything. VW will sell due to their low interest rates.

    The Chinese stuff (BYD, Tesla, MG) will sell due to low price points.



  • Registered Users, Registered Users 2 Posts: 4,434 ✭✭✭sk8board


    I’m not really talking about the prices - that’s just market economics.

    I'm more referring to the fact that if I want a 2nd hand €25-40k EV, 2-4yo, with a warranty, I can go to a main dealer.

    in the case of Tesla, that’s not the case, nor will it potentially ever be the case in future.

    You buy new and you f-off :)

    It’s easy to tout the MY being the single biggest selling model in the world this year, but in 2-3 years time tesla won’t want one of their own cars back, but e.g. the local kia garage with an offer on a new ev6, will take it.



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  • Moderators, Society & Culture Moderators Posts: 41,426 Mod ✭✭✭✭Gumbo


    Maybe that will change as they expand. 3 dealers on the island now but nowhere near enough it seems.



  • Registered Users, Registered Users 2, Paid Member Posts: 13,335 ✭✭✭✭the_amazing_raisin


    Is there as much incentive to trade in for a new Tesla as other cars? They keep the software updates rolling out so is there really much difference between a 2020 and 2023 Model 3 that makes it worth upgrading

    I get that some folks probably trade from Model 3 to Y for the bigger space, but I don't see much reason to trade beyond that

    I do agree that their sales model is heavily dependent on selling new cars and is geared more towards market share expansion than maintaining their current share. That'll probably change in time but the question is when, is it gonna be 3 years or 10 years from now

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 2,306 ✭✭✭Miscreant


    Seems to have turned into a bit of a Tesla thread in here despite there being plenty of those already..... :)

    Anyway, back to topic.

    Found this earlier: https://www.carzone.ie/used-cars/Kia/Soul/fpa/202301253582431

    Bit up there on the mileage but still has 3 years left on the warranty. I bought similar recently but newer and with a lot less mileage for a couple of €K more. Still not too bad though.



  • Registered Users, Registered Users 2 Posts: 4,474 ✭✭✭joe1303l


    Not badly priced for a big battery sportline model. Low miles and 21” upgrade alloys. Must be a saving somewhere on importing one of these. https://www.donedeal.ie/view/34808447 Skoda Enyaq IV 80 Sportline



  • Registered Users, Registered Users 2 Posts: 762 ✭✭✭Orebro


    Yea couldn't agree more, there are going to be many MY owners in for a major shock in 2-3 years when they go to change and Tesla don't want to know about their MY they need to trade in. The vast majority of people have never sold a car privately in their lives are aren't about to start now.

    Dropped into a Tesla showroom when passing recently and asked the guy do they take trade ins - he was like yea but you'll get a far better price by selling mine on Donedeal, thats waaaaay too much hassle for me to buy one, and rinse and repeat every few years.



  • Registered Users, Registered Users 2 Posts: 13,087 ✭✭✭✭mfceiling


    Tesla don't care about your car when you leave. I would think there isn't a great deal of profit for them to start taking trade ins. Buy the car, touch up any dings or marks. Take the scuffs from the alloys. Fix any trim or plastics then give it a valet. Then it sits in a lot somewhere and you have to advertise it online and hope for a buyer. Plus the fact you've to employ someone to do all that and take care of the sale.

    Easier to have a website where you the punter decide what you want, spec it up and click to purchase.

    Tesla are a technology company. You don't see Apple taking trade ins. They want you as a repeat customer buying new.



  • Registered Users, Registered Users 2 Posts: 29,929 ✭✭✭✭TitianGerm


    Apple do take trade ins though, just not in Ireland.



  • Registered Users, Registered Users 2 Posts: 13,087 ✭✭✭✭mfceiling


    Wow!! Wasn't aware of that cause I'm an android fanboy 😂



  • Registered Users, Registered Users 2 Posts: 4,474 ✭✭✭joe1303l


    Don’t get the comparison with Apple, nobody cares about trading in a 2nd hand iPhone as it has a value of a few hundred quid at most. It’ll usually be well scratched, have a half knackered battery and be tied to some network. Customers that buy new €50K EV’s usually have a used car worth at least €10K or way more. Unless some enterprising trader here decides to become a used Tesla specialist, DoneDeal could be the only worthwhile option for current Tesla owners looking to trade up. Not everyone wants that grief.



  • Registered Users, Registered Users 2 Posts: 13,087 ✭✭✭✭mfceiling


    That's what will happen. Somebody will become a Tesla specialist second hand retailer. Tesla aren't interested in doing it.



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  • Posts: 1,330 ✭✭✭ [Deleted User]


    And there'll be a killing to be made, especially if they couple it with EV specialist all brand servicing.


    TBH a reputable 2nd hand EV superstore would be a welcome addition. Get a name for servicing and quality 2nd hand, and you take the "main dealer" mantle of marques who don't want to run a 2nd hand network



  • Registered Users, Registered Users 2 Posts: 7,952 ✭✭✭Raoul


    There are actually so many Model 3 Teslas on done deal. They all seem to be around the same price 38k or so. It's hard to know what value these cars are actually worth at the moment.



  • Registered Users, Registered Users 2 Posts: 7,378 ✭✭✭KCross



    There was actually an EV secondhand specialist a few years back. Cant remember the name now but I'm sure a few here will know it as they bought from them.

    It went out of business. Most people said they were very good and knowledgable and not just flogging a car, but I suspect they were a few years too early to make it viable. Its a matter of time before a few more pop up like rsymons in the UK.



  • Registered Users, Registered Users 2 Posts: 4,434 ✭✭✭sk8board


    Well I can tell what they aren’t worth - and that’s €38k.

    saw a €30k one pop up on carzone yesterday, a dealer with a 192. Still too much for a 4yo car that’s €41k new, but things are definitely resetting.

    my neighbour paid €39k from a vw main dealer recently for a 221 ID4 77kw with less than 10,000km. There’s value in the 2nd hand market, but only where there was volume of new sales 2-3 years ago.

    it’ll take another year or so for tesla prices to reflect reality - there’s only 40 m3’s for sale on carzone today, and almost 300 ID4’s.

    the M3 has never been a volume seller in Ireland, much to everyone’s surprise I think. Until this year, it was around the top 25-35 best selling models.

    when this years sales hit the 2nd hand market, we should start seeing far more volume and therefore lower prices due to the choice.



  • Registered Users, Registered Users 2 Posts: 10,638 ✭✭✭✭User1998


    Depends on the year. 2019’s are definitely worth less than €30k now. And I’d value a 2020 at €30k, depending on mileage and spec.

    Here is a dealer selling a low mileage 2019 for €32k, and obviously you’ll be paying a premium buying from a dealer

    https://www.donedeal.ie/view/34805867



  • Registered Users, Registered Users 2 Posts: 762 ✭✭✭Orebro


    Difficult to become a 2nd hand Tesla specialist when they don't share any spare parts sales, vehicle specifications etc with third parties - virtually impossible to run repairs on them so no way you could run a business based on that, e.g how can you as a business offer a 12 month warranty on a car you cannot repair.



  • Registered Users, Registered Users 2 Posts: 762 ✭✭✭Orebro


    But this is how every car dealer on earth operates. No profit on second hand cars? You've got to be kidding, it's a massively profitable business when run properly. But I get why Tesla don't do it, totally different business model. My point is that 99% of people have no interest in advertising their car on Donedeal so they can then go get a new one, they want the simplicity and convenience of going to the showroom, doing a deal and going home happy.

    Post edited by Orebro on


  • Posts: 1,330 ✭✭✭ [Deleted User]


    That'll be challenged, by the EU, quick enough



  • Registered Users, Registered Users 2 Posts: 10,638 ✭✭✭✭User1998


    Most garages just offer third party warranties, especially on more expensive cars



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  • Registered Users, Registered Users 2 Posts: 6,471 ✭✭✭positron


    Sorry if this is a silly question - but I tuned off Model S / Model 3 discussion a while back when I settled for an ICE estate, and there were no electric estate cars at the time. However the situation is changing and I am starting to get more interested in this topic and 5 seats with plenty of space is probably my only requirement now (doesn't necessarily have to be an estate).

    Assuming the used e-car prices continues to drop, if you were to pick between a decent 2016-2020 Model S and a decent 2019-2021 Model 3 at the same price (say around 20-25k), what would you go for? In other words, has there been so much technical innovation and/or software updates (that somehow Model S wouldn't get) from Tesla to make a compelling case for newer car over bigger older car?

    Of course other models are also in my radar - but just curious about these two given the recent discussion and how Model 3 2024 is supposedly so much better and probably cheaper.. looks like everything is changing rapidly (and I am loving it).



This discussion has been closed.
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