Here’s a really weird thing about Tesla’s Model S. It’s worth more as a used car than as a new one. If you need proof that the law of supply and demand is still ironclad, here it is. According to Iseecars.com, the average used Model S is selling for $99,734, compared to average base MSRP of $79,900 for a new one.
Of course, a lot of Model S customers are paying considerably more for their cars than $79,900, and some even more than $99,734, but this is one new car that’s certainly not depreciating. The Tesla used is 25 percent above that MSRP, compared to the Chevrolet Volt (17 percent down) and Nissan Leaf (down 28 percent). A 2013 Leaf is worth about $5,500 more than a 2012 model.
The wait time for a Model S varies, but six weeks seems like a good rule of thumb. Apparently, you can get one faster if you’re willing to take what’s in dealer inventory instead of waiting for a custom order to be processed.
That’s not horrible, but Americans aren’t great at waiting around — this is the country of instant gratification. Personally, I don’t see why people won’t wait to borrow movies from the library for free, instead of paying $10 to see them in theaters. Don't we enjoy things more when we can't get them immediately?
Let’s face it, this is Tesla’s moment.The stock is soaring, and the press hangs on CEO Elon Musk's every word. Just try to imagine the feeding frenzy as rabid buyers try to get their hands on the first Model X SUV off the assembly line (above).
In other news this week, Tesla ranked in fifth place in the Consumer Reports brand perception study, which surveys readers’ personal taste. Tesla won plaudits for “innovation, performance, and sleek styling.” The company trailed Toyota, Ford, Honda and Chevrolet, but ahead of Subaru, Volvo, Cadillac, BMW, Audi, Nissan and a whole lot more. The lowest scores were obtained by Rolls-Royce, Jaguar, Maserati and Land Rover, in that order. It wasn’t a good year for British cars, apparently.
Here's Car and Driver's road test on the Model S: