Tesla’s Model S has been a benchmark for electric luxury vehicles since its introduction in 2012. This full-size sedan has consistently pushed the boundaries of performance, range, and innovation, making it a sought-after choice for environmentally conscious and tech-savvy car enthusiasts.
As the world shifts towards a more sustainable future, the demand for electric vehicles (EVs) continues to rise. However, purchasing a brand-new Tesla Model S can be a significant investment, with prices often exceeding $100,000. For many, this puts EV ownership out of reach, but there’s an alternative – buying a used Model S.
Used Tesla Model S prices have been steadily decreasing as the latest models arrive on the market, making it an exciting time for buyers. But how much can you expect to pay for a pre-owned Model S? In this article, we’ll delve into the current market trends, explore the factors that influence used Tesla prices, and provide you with a comprehensive guide to help you find the perfect used Model S within your budget.
We’ll cover the key factors that affect used Tesla prices, including trim levels, mileage, condition, and age. You’ll also learn how to navigate the used car market, including where to buy and how to negotiate the best price. Whether you’re a seasoned car buyer or a first-time EV owner, our guide will equip you with the knowledge you need to make an informed decision and drive away in your dream car without breaking the bank.
How Much Does a Used Tesla Model S Cost?
When considering purchasing a used Tesla Model S, one of the most important factors to consider is the price. The cost of a used Tesla Model S can vary greatly depending on several factors, including the age, mileage, trim level, and condition of the vehicle. In this section, we’ll delve into the world of used Tesla Model S prices and explore what you can expect to pay.
What Affects the Price of a Used Tesla Model S?
Before we dive into the prices, it’s essential to understand what factors affect the price of a used Tesla Model S. Here are some of the most significant factors:
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Mileage: The higher the mileage, the lower the price. A used Tesla Model S with 50,000 miles will typically cost less than one with 100,000 miles.
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Age: The older the vehicle, the lower the price. A used Tesla Model S from 2012 will typically cost less than one from 2015.
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Trim level: The higher the trim level, the higher the price. A used Tesla Model S with premium features like heated seats and a panoramic sunroof will typically cost more than a base model.
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Condition: The condition of the vehicle plays a significant role in determining its price. A used Tesla Model S with minimal wear and tear will typically cost more than one with scratches, dents, or other damage.
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Location: Prices can vary depending on the location. A used Tesla Model S in a major city like New York or Los Angeles may cost more than one in a smaller town or rural area.
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Options and features: The presence of options like Autopilot, a 12.3-inch touchscreen, or a premium sound system can increase the price of a used Tesla Model S.
Pricing Trends for Used Tesla Model S
To give you a better idea of what to expect, let’s take a look at some pricing trends for used Tesla Model S vehicles. According to data from Kelley Blue Book, here are some average prices for used Tesla Model S vehicles:
| Year | Price Range |
|---|---|
| 2012 | $35,000 – $50,000 |
| 2013 | $40,000 – $60,000 |
| 2014 | $45,000 – $70,000 |
| 2015 | $50,000 – $80,000 |
| 2016 | $55,000 – $90,000 |
| 2017 | $60,000 – $100,000 |
| 2018 | $65,000 – $110,000 |
| 2019 | $70,000 – $120,000 |
| 2020 | $75,000 – $130,000 |
As you can see, prices for used Tesla Model S vehicles increase as the vehicle gets newer and has more features. However, it’s essential to remember that these are just general price ranges, and the actual price of a used Tesla Model S can vary greatly depending on the specific vehicle and its condition.
Where to Buy a Used Tesla Model S
Now that you have a better understanding of the prices for used Tesla Model S vehicles, it’s time to think about where to buy one. Here are some options to consider:
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Private sellers: You can find private sellers on websites like Craigslist, Facebook Marketplace, or local online classifieds. However, be cautious when buying from a private seller, as you’ll need to inspect the vehicle thoroughly and ensure it’s in good condition.
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Dealerships: Tesla dealerships often have a selection of used Tesla Model S vehicles, and they may offer certified pre-owned (CPO) vehicles that have been inspected and certified by Tesla.
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Used car websites: Websites like Autotrader, Cars.com, and TrueCar allow you to search for used Tesla Model S vehicles in your area. You can filter your search by price, mileage, and other factors to find the perfect vehicle.
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Auctions: If you’re looking for a rare or unique used Tesla Model S, you may be able to find one at an auction. However, be prepared to bid competitively, and make sure you inspect the vehicle thoroughly before bidding.
In the next section, we’ll explore the benefits and drawbacks of buying a used Tesla Model S, and provide some practical tips for making your purchase.
Factors Affecting the Price of a Used Tesla Model S
The price of a used Tesla Model S can vary significantly depending on several factors. In this section, we will explore the key factors that influence the price of a used Tesla Model S.
Mileage and Condition
The condition and mileage of the vehicle play a crucial role in determining its price. A well-maintained vehicle with low mileage will generally command a higher price than a vehicle with high mileage or wear and tear.
Here are some general guidelines on the price of a used Tesla Model S based on its mileage:
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Less than 30,000 miles: $60,000 – $80,000
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30,000 – 50,000 miles: $40,000 – $60,000
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50,000 – 70,000 miles: $30,000 – $40,000
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More than 70,000 miles: $20,000 – $30,000
Trim Level and Features
The trim level and features of the vehicle also impact its price. The Tesla Model S offers several trim levels, including the base model, the Long Range model, and the Performance model. (See Also: How Much To Replace Tesla Battery Model Y? – Real Costs Revealed)
Here are some key features of each trim level and their corresponding prices:
| Trim Level | Price |
|---|---|
| Base Model | $40,000 – $50,000 |
| Long Range Model | $50,000 – $60,000 |
| Performance Model | $60,000 – $70,000 |
Year and Model
Year and Model
The year and model of the vehicle also impact its price. The Tesla Model S has undergone several updates and changes over the years, which can affect its price.
Here are some general guidelines on the price of a used Tesla Model S based on its year and model:
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2013 Model S (First Generation): $30,000 – $40,000
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2014-2015 Model S (First Generation): $40,000 – $50,000
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2016-2017 Model S (Second Generation): $50,000 – $60,000
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2018-2019 Model S (Second Generation): $60,000 – $70,000
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2020 and later Model S (Third Generation): $70,000 – $80,000
Location and Market Conditions
The location and market conditions can also impact the price of a used Tesla Model S. Vehicles sold in urban areas or in regions with high demand for electric vehicles may command a higher price than those sold in rural areas or regions with lower demand.
Here are some general guidelines on the price of a used Tesla Model S based on its location:
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West Coast, USA: $10,000 – $20,000 higher than the national average
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East Coast, USA: $5,000 – $10,000 higher than the national average
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Europe: $5,000 – $10,000 higher than the national average
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Australia: $10,000 – $20,000 higher than the national average
Certification and Warranties
The certification and warranties of the vehicle can also impact its price. Vehicles that are certified by Tesla or have remaining warranties may command a higher price than those that are not certified or have expired warranties.
Here are some general guidelines on the price of a used Tesla Model S based on its certification and warranties:
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Certified Pre-Owned (CPO) vehicle: $5,000 – $10,000 higher than a non-CPO vehicle
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Remaining warranty: $2,000 – $5,000 higher than a vehicle without a remaining warranty
Other Factors
Other factors, such as the vehicle’s color, options, and accessories, can also impact its price. Vehicles with rare colors or unique options may command a higher price than those with more common colors or options.
Here are some general guidelines on the price of a used Tesla Model S based on its color and options:
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Rare colors (e.g. Red Multi-Coat, Deep Blue Metallic): $2,000 – $5,000 higher than more common colors
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Unique options (e.g. panoramic roof, 20-inch wheels): $1,000 – $3,000 higher than standard options
In conclusion, the price of a used Tesla Model S can vary significantly depending on several factors, including mileage and condition, trim level and features, year and model, location and market conditions, certification and warranties, and other factors. By understanding these factors, buyers and sellers can make more informed decisions when purchasing or selling a used Tesla Model S.
Understanding the Pricing of a Used Tesla Model S
When considering purchasing a used Tesla Model S, it’s essential to understand the various factors that affect its pricing. The cost of a pre-owned Tesla Model S can vary significantly depending on several key factors, including the model year, trim level, mileage, condition, and features. In this section, we’ll delve into the details of what affects the pricing of a used Tesla Model S and provide guidance on how to navigate the market.
Model Year and Trim Level
The model year and trim level of a used Tesla Model S are two of the most significant factors that influence its pricing. The Model S has undergone several updates and redesigns since its introduction in 2012, with each new generation bringing improvements in technology, performance, and design. Here’s a brief overview of the different trim levels and their corresponding model years:
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2012-2016: Base, P85, and P85D trims
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2016-2019: 75, 90, and P100 trims (See Also: Who Created the Car Tesla? – The Founders Story)
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2019-2020: Long Range, Performance, and Standard Range trims
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2020-present: Long Range, Performance, and Plaid trims
Generally, newer model years and higher trim levels command higher prices. For example, a 2020 Tesla Model S Long Range with a range of over 370 miles will typically cost more than a 2016 Tesla Model S 75 with a range of around 259 miles.
Mileage and Condition
The mileage and condition of a used Tesla Model S also play a significant role in determining its price. As with any vehicle, higher mileage typically means lower prices. However, Tesla’s electric powertrain and regenerative braking system can help reduce wear and tear on the vehicle, making higher-mileage models more attractive to some buyers.
The condition of the vehicle is also crucial, as any damage or needed repairs can significantly impact the price. When evaluating the condition of a used Tesla Model S, consider the following factors:
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Exterior and interior condition: Look for any scratches, dents, or signs of wear on the exterior and interior surfaces.
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Tire condition and tread depth: Check the condition and tread depth of the tires, as worn-out tires can be expensive to replace.
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Battery health: Check the battery’s state of charge and its overall health, as a degraded battery can impact the vehicle’s range and overall performance.
Features and Options
The features and options on a used Tesla Model S can also affect its pricing. Some desirable features that can increase the price of a used Model S include:
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Autopilot and Full Self-Driving Capability (FSD): These advanced driver-assistance systems can add significant value to a used Model S.
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Premium interior and sound packages: Upgraded interior materials, such as leather or alcantara, and premium sound systems can increase the price of a used Model S.
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20-inch or 21-inch wheels: Larger wheels with high-performance tires can add to the vehicle’s overall value.
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Panoramic roof: A panoramic roof can increase the price of a used Model S, especially on higher trim levels.
Market Demand and Location
The demand for used Tesla Model S vehicles can vary by region and market conditions. In areas with high demand for electric vehicles, such as California or Norway, prices for used Model S vehicles may be higher. Additionally, the location of the vehicle can impact its price, with vehicles located in areas with high costs of living, such as major cities, potentially commanding higher prices.
When evaluating the market demand and location of a used Tesla Model S, consider the following factors:
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Regional incentives: Check if there are any regional incentives or tax credits available for purchasing an electric vehicle.
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Competition: Research the local market to see how many similar vehicles are available and at what prices.
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Seasonality: Prices for used electric vehicles may be higher during peak summer months when demand is higher.
By understanding these factors, you’ll be better equipped to navigate the market and find a used Tesla Model S that meets your needs and budget.
Factors Affecting the Price of a Used Tesla Model S
When considering purchasing a used Tesla Model S, it’s essential to understand the various factors that influence its price. These factors can make a significant difference in the overall cost of the vehicle.
The Condition of the Vehicle
The condition of the used Tesla Model S is one of the primary factors affecting its price. The vehicle’s overall health, mileage, and any existing damage can impact its value. Here are some factors to consider:
- Mileage: The lower the mileage, the higher the price. Tesla Model S vehicles with low mileage, typically under 50,000 miles, can command a higher price.
- Interior and Exterior Condition: A well-maintained interior and exterior can increase the vehicle’s value. Any signs of wear, tears, or damage can decrease its price.
- Accident History: A vehicle with a clean accident history will generally be more valuable than one with a history of accidents.
- Service History: A vehicle with a well-documented service history, including regular maintenance and repairs, can increase its value.
Trim Level and Options
The trim level and options chosen for the vehicle can also impact its price. Here are some factors to consider:
- Trim Level: Higher trim levels, such as the P100D or the Long Range, can command a higher price due to their advanced features and performance.
- Options: Options such as the panoramic roof, premium interior, and 20-inch wheels can increase the vehicle’s price.
- Technology Package: The technology package, which includes features such as Autopilot, lane departure warning, and blind spot detection, can increase the vehicle’s price.
Age and Model Year
The age and model year of the used Tesla Model S can also impact its price. Here are some factors to consider:
- Model Year: Newer model years, typically within the last 3-5 years, can command a higher price due to their advanced features and technology.
- Age: A vehicle that is 3-5 years old can be a good compromise between price and value. It may have already taken a significant depreciation hit, but still offers many of the features and benefits of a newer vehicle.
Location and Market Demand
Price Ranges for Used Tesla Model S Vehicles
Now that we’ve discussed the factors affecting the price of a used Tesla Model S, let’s take a look at some real-world price ranges for these vehicles. Keep in mind that prices can vary depending on the location, condition, and other factors we’ve discussed.
Price Ranges by Model Year
Here are some general price ranges for used Tesla Model S vehicles by model year:
| Model Year | Price Range (Low to High) |
|---|---|
| 2013 | $40,000 – $60,000 |
| 2014 | $45,000 – $65,000 |
| 2015 | $50,000 – $70,000 |
| 2016 | $55,000 – $75,000 |
| 2017 | $60,000 – $80,000 |
| 2018 | $65,000 – $85,000 |
| 2019 | $70,000 – $90,000 |
| 2020 | $75,000 – $95,000 |
Price Ranges by Trim Level
Here are some general price ranges for used Tesla Model S vehicles by trim level: (See Also: Can Tesla Drive Itself? – Tesla Autopilot Explained)
| Trim Level | Price Range (Low to High) |
|---|---|
| 60 | $50,000 – $70,000 |
| 70 | $55,000 – $75,000 |
| 85 | $60,000 – $80,000 |
| P90D | $65,000 – $85,000 |
| P100D | $75,000 – $95,000 |
Price Ranges by Condition
Here are some general price ranges for used Tesla Model S vehicles by condition:
| Condition | Price Range (Low to High) |
|---|---|
| High Mileage (over 100,000 miles) | $30,000 – $50,000 |
| Medium Mileage (50,000 – 100,000 miles) | $40,000 – $60,000 |
| Low Mileage (under 50,000 miles) | $50,000 – $70,000 |
It’s essential to keep in mind that these are general price ranges and can vary depending on the specific vehicle, location, and other factors.
Key Takeaways
The cost of a used Tesla Model S varies depending on several factors, including the model year, trim level, and condition of the vehicle. Generally, prices for used Tesla Model S cars can range from around $40,000 to over $100,000. It is essential to research and compare prices to find the best deal.
When purchasing a used Tesla Model S, it is crucial to consider the vehicle’s history, mileage, and any additional features or upgrades. Buyers should also factor in the cost of maintenance, repairs, and any necessary software updates. Additionally, the warranty and support offered by Tesla or the seller should be taken into account.
To make an informed decision, buyers should weigh the pros and cons of different models and years. Here are the key points to consider:
- Research model years and trim levels for best value
- Check vehicle history and mileage for condition
- Consider additional features and upgrades for cost
- Factor in maintenance, repair, and software update costs
- Review warranty and support offered by seller
- Compare prices from different sellers and markets
- Test drive the vehicle to ensure a good fit
- Review and understand the sales contract and terms
By following these key takeaways, buyers can find the right used Tesla Model S at a price that fits their budget and needs. As the electric vehicle market continues to evolve, buyers can expect more options and competitive pricing, making it an exciting time to purchase a used Tesla Model S.
Frequently Asked Questions
What is a Used Tesla Model S?
A used Tesla Model S is a pre-owned electric vehicle (EV) manufactured by Tesla, Inc. It’s a luxury sedan that was first introduced in 2012 and has undergone several updates and redesigns since then. The Model S is known for its impressive range, advanced technology features, and exceptional performance. When buying a used Tesla Model S, you can expect to find a wide range of trim levels, including the 60D, 75D, 90D, P100D, and Long Range. Each trim offers varying levels of range, power, and features, making it essential to research and compare different models to find the one that best fits your needs and budget.
How Much Does a Used Tesla Model S Cost?
The cost of a used Tesla Model S can vary greatly, depending on factors such as the age, mileage, condition, and trim level of the vehicle. On average, a used Tesla Model S can cost anywhere from $30,000 to $100,000 or more. Here are some general price ranges to expect:
2015-2017 models: $40,000 – $70,000
2019-2020 models: $60,000 – $100,000
Keep in mind that these are general price ranges, and the actual cost of a used Tesla Model S may be higher or lower, depending on your location, the seller, and other factors.
Why Should I Buy a Used Tesla Model S?
There are many reasons to consider buying a used Tesla Model S. For one, it’s a luxury vehicle with a reputation for exceptional performance, comfort, and technology. Used Tesla Model S vehicles often come with a lower price tag than their newer counterparts, making them more affordable for many buyers. Additionally, Tesla is known for its commitment to sustainability, and buying a used EV can help reduce your carbon footprint. Finally, used Tesla Model S vehicles have already taken the biggest depreciation hit, so you can expect the value to hold up better over time.
How Do I Find a Used Tesla Model S for Sale?
There are several ways to find a used Tesla Model S for sale. You can start by checking online marketplaces such as Cars.com, Autotrader, or eBay Motors. You can also search for certified pre-owned (CPO) models through Tesla’s website or visit a local dealership. Additionally, you can check with private sellers or used car dealerships in your area. Be sure to research the vehicle’s history, check for any recalls, and have it inspected by a mechanic before making a purchase.
What if I Need to Charge My Used Tesla Model S?
Charging your used Tesla Model S is relatively easy and convenient. Tesla has a vast network of Superchargers and Destination Chargers across the country, which can provide up to 170 miles of range in just 30 minutes. You can also charge your vehicle at home using a 240-volt Level 2 charger or a 120-volt Level 1 charger. Tesla offers a range of charging solutions, including the Wall Connector and the Mobile Connector, which can be installed in your garage or used on the go. Additionally, many public charging stations are compatible with Tesla’s charging system, making it easy to charge your vehicle when you’re on the move.
Which is Better, a Used Tesla Model S or a Used BMW 5-Series?
When comparing a used Tesla Model S to a used BMW 5-Series, it’s essential to consider your priorities and needs. The BMW 5-Series is a traditional luxury sedan with a reputation for exceptional performance, comfort, and handling. The Tesla Model S, on the other hand, is an electric vehicle with a focus on sustainability and advanced technology features. If you’re looking for a more traditional driving experience and don’t mind fueling up at a gas station, the BMW 5-Series may be the better choice. However, if you’re interested in reducing your carbon footprint and experiencing the latest in electric vehicle technology, the Tesla Model S is definitely worth considering.
How Much Does it Cost to Maintain a Used Tesla Model S?
The cost of maintaining a used Tesla Model S is relatively low compared to traditional gasoline-powered vehicles. Electric vehicles require fewer moving parts and no oil changes, which can save you money on maintenance costs. Additionally, Tesla offers a range of maintenance plans and packages, including the Tesla Maintenance Plan, which can provide peace of mind and help you budget for future maintenance costs. On average, you can expect to pay around $500 to $1,000 per year for routine maintenance and repairs, depending on the age and condition of your vehicle.
What are Some Common Problems with Used Tesla Model S?
Like any vehicle, the Tesla Model S can experience some common problems, especially as it ages. Some issues to be aware of include:
Battery degradation: As the battery ages, its range and performance may decrease.
Brake wear: The Model S’s regenerative braking system can cause excessive brake wear, which may lead to more frequent replacements.
Infotainment system issues: The vehicle’s infotainment system can sometimes freeze or malfunction, requiring a software update or repair.
It’s essential to research and test drive a used Tesla Model S to ensure it’s in good condition and to identify any potential issues before making a purchase.
Can I Finance a Used Tesla Model S?
Yes, it is possible to finance a used Tesla Model S. Many lenders offer financing options for used electric vehicles, including Tesla. You can also consider working with a dealership or a private lender to secure financing. Be sure to shop around and compare rates and terms to find the best deal for your needs and budget. Additionally, you may be eligible for special incentives and rebates, such as the federal tax credit for purchasing an electric vehicle.
Conclusion
Navigating the used Tesla Model S market can seem daunting, but understanding the factors influencing its price empowers you to make a smart decision. Whether you’re captivated by its cutting-edge technology, drawn to its impressive performance, or seeking a sustainable driving experience, a used Tesla Model S offers a compelling proposition.
By carefully considering factors like mileage, model year, battery health, and optional features, you can confidently determine a fair price and find a Model S that aligns with your budget and needs. Remember, thorough research, inspections, and understanding the car’s history are crucial steps in ensuring a successful purchase.
Ready to embrace the future of driving? Take the next step and start exploring the used Tesla Model S market. Explore online listings, connect with local dealerships, and schedule test drives to experience the thrill and innovation of owning a Tesla. Your journey toward sustainable, high-performance driving starts now.