Summary
- Tesla Model S is influential in the automotive industry, changing perceptions of electric vehicles
- Depreciation makes used Model S a better option than buying new
- Model S changed over model years, with significant updates in 2016 and 2021
- Pricing varies based on model year, mileage, and features, with some models qualifying for a tax credit
- Battery degradation is not a major concern for used Model S, with warranties available for peace of mind
Article
The Evolution of the Tesla Model S
The Tesla Model S has played a significant role in reshaping the automotive industry, particularly in the realm of electric vehicles. Since its launch, the Model S has proven that electric cars can be both desirable and high-performing, with enough range to meet the needs of most drivers. With nearly 13 years in production, the Model S has gone through several iterations, offering a wide range of options for buyers in the used car market.
Choosing the Right Used Tesla Model S
One of the key factors to consider when buying a used Tesla Model S is understanding the different versions available. The Model S has varied significantly in terms of range and horsepower throughout its production run, with models ranging from 208 miles to over 400 miles in range and from a little over 300 horsepower to more than 1,000. The naming convention has also evolved, moving from alphanumeric designations to more straightforward trims, such as Standard, Long Range, Performance, and Plaid.
Timeline of Model S Updates
Tesla has made several significant updates to the Model S over the years, with key refreshes in 2016 and 2021. These updates have included improvements in range, performance, and overall design. For example, the 2016 refresh introduced a new body-color front fascia and updated Autopilot hardware, while the 2021 refresh included features such as over 1,000 horsepower in the Plaid version, a heat pump for improved efficiency, and a new landscape-oriented touchscreen.
Pricing and Value of Used Tesla Model S
The depreciation of luxury sedans and electric vehicles can make a used Tesla Model S surprisingly affordable for buyers. Prices for older Model S vehicles typically range between $12,000 and $25,000, while newer models from 2016-2020 can be found between $20,000 and $35,000. Buyers may find the best value in more recent models from 2021-23, with Plaid versions priced around $45,000 to $55,000 and non-Plaid versions between $35,000 and $45,000.
Supercharging and Battery Degradation
One of the key considerations for buyers of a used Tesla Model S is whether the vehicle comes with free unlimited supercharging, which can vary depending on the model year. Battery degradation is another important factor to consider, although Tesla’s batteries have shown resilience over time. With an average degradation of around 12% after 200,000 miles, owners can expect solid performance from a used Model S.
Known Issues and Warranty Coverage
While the Tesla Model S has fewer mechanical issues than combustion cars, buyers should pay attention to potential concerns such as suspension wear and tear and air conditioning functionality. Tesla offers a basic warranty of 4 years or 50,000 miles and a battery warranty of 8 years or 150,000 miles, both of which transfer to new owners. Additionally, buying a pre-owned Model S from Tesla may come with additional warranty coverage.
Read the full article here
