A three year old car should be worth about 50% of the new value. So him looking to pay around in around 40% for a five year old car isn't that unreasonable I would have thought.
It is all to do with supply and demand!
Very few Tesla’s on the market from them years as people are just holding onto them hence why they have held there value tremendously.
He won’t get a Tesla anywhere near what he is willing to pay.
Nah the normal figures are around 2,5k - 3k per year depreciation first few years maybe up to 6 or 8. Puts a reasonable value around 20 to 24k
The general rule of thumb is 50% every 3 years. But the supply of used Teslas is still low which is keeping asking prices high. If supply was normal theres no reason they wouldn’t be €15k cars by now. Brexit and Covid etc didn’t help either.
I think that rules complete codswallop and not sure where you heard it.
IIf I bought a brand new Audi in 2021 for 40 grand. It wouldn't be going for 20 k today. That's utter nonsense to be frank.
Like I said, Covid & Brexit
That's the way it used to be pre covid and brexit
Should I buy a Tesla?
When they came out they were 100k, now they're 40k, I have a 162 Mitsubishi Outlander PHEV and Solar (that during the summer powers the car)… I don't do much mileage every day, barely use petrol in the PHEV.
those 100k Tesla are still that new…
It's most definitely not the way it used to be. Maybe for dealer offers but not private sales . Who propagates this stuff it's not even real or covid related. You aren't getting any car for 50 percent off after 3 years.
Sorry to derail the thread but your actually deluded. 50% off after 3 years has always been the industry standard and you have no evidence to back up that its incorrect.
Here are some real world examples. Just before Brexit I used to buy 3 year old Golfs from the UK for around £7,500. I used to buy 3 year old Passats for £8,500. And I used to buy 3 year old Ford Focus for around £7,000 too. These are cars that are known to hold their value well yet I could buy them at these prices. How do you think I got them so cheap? Because of depreciation.
I’ve been selling cars for many years, and specifically dealt in 3 and 4 year old cars just before Brexit, so I can assure you that all cars lost 50% in 3 years. There are EV’s loosing more than 50% now that the dust has settled. The only reason Teslas have held their value so well is because there has always been a lack of supply and in the early days they sold in small numbers here.
Lol.
Youre referencing bringing in 2nd hand cats from the UK before brexit. Dude you're not even on the original point anymore.
I stand by what I said. If I walked into Audi Dublin and bought a brand new any Audi for 40k in 2021 ( not real price) it wouldn't be 20k today. That's rubbish.
Not at all. I’m referencing the price I used to buy used cars at compared to the price they were new. I could give you the prices that I sold them at here and you could compare them to Irish new prices at the time if thats more relevant for you. I could also link some Irish cars that I can see on Donedeal right now that are a fraction of their new price, but this really isn’t the thread for it.
They were never €100k. They were €50k in 2019 when the Model 3 SR+ launched in Ireland.
Yes, the covers pop over the rim
Ah… I thought the same model available now for €40k was €100k. Thanks.
Fair enough. In fairness though, for some reason Joe Public thinks the same. My aunt told me the other day she couldn’t afford one of my Tesla’s. I asked her how much her Honda Civic was…….€44k!
I am mister Joe Public in a lot of cases. Tesla pricing being one of them, however, like us all I manage to step out of my Joe Public guise in my own areas of expertise!
Thanks for the info though. I was genuinely thinking all my neighbours were absolutely minted with two €100k cars in the driveway.
at 1 point a few weeks ago €100k would get you 2x brand new Tesla’s and you’d still have €24k in your pocket to probably pick up another 2nd hand one!!
€38.6x2=77,200 leaving €22,800 for a second hand M3. I think it’s possible now!
Ya definitely is still the reputation out there that Tesla's are off the walls expensive. No advertising obviously doesn't help them there. Everyone Ive talked to since my father got his model Y thinks he paid 70-80k for the car. They can't believe it when I tell them 42k.
Yeah, everyone is shocked when I tell them I paid €20k for my Model 3, they seem to think its a €40k car despite it being 5 years old.
I saw a €23k one sold from donedeal, but literally nothing else in the past fortnight. Every ad still there, every one of them priced to the sky. It’s such a weird market
I’ve had a loan of an M3 RWD from 201 this week. 315km done. Mixture of city and M1 driving.
Average is 13.1 kWh/100km. That’s something else!
Ioniq 5 I like. Ioniq 6 I detest. 3 of them in work. But they are technically a great car.
EV6 I like.
and bear in mind that that car won't have a heat pump in it… (though I believe the weather was nice in Ireland last week?).
but yeah the efficiency in the OG SR+ cars is amazing… In the summer I sometimes have a 50km round trip to collect junior BoBandy from my mothers house, so I drive from Rush down to Artane/Beaumont and back (so a mix of rural, city & motorway driving in that 50km spin), and the best I think I ever managed was 10.9Kwh/100km (I was trying to be efficient), which would give my 409km WLTP car a theoretical range of 449km (on a full charge, and If I was doing that round trip, on that particular day non stop).
Would be interested in the same trips with a newer LFP RWD, or a Highland RWD. I would guess 12.5 / 12.0.
Do all of the Model 3's coming into Ireland now have the LFP battery or are there differing battery technologies depending on whether you go for standard or long range?
LFP is for the RWD Standard Range only.
and LFP battery sizes could now vary as some from China and potentially some from Berlin but we won't know for a while until we start seeing VINs
