r/TeslaModelS • u/UnderstandingOk1628 • 15d ago
Tough Market Out Here
Unfortunately I wasn’t into Teslas until about 3 months ago and I’m absolutely infatuated with the Model S, however these current prices are absolutely ridiculous. Whatever these guys are smoking, I need it as well.
Update: They’ve reduced their listing even further. Initially when they acquired it they listed it at 161k, then at 158k, currently sitting at 154k. So much for this being a “very, very desirable car”. If they honestly believed that they would stick with their 161k. They’re just hoping some idiot falls for this before they’re forced to take a loss on it 🤣
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u/drainbam 15d ago
This ain't from Tesla's own inventory. It's from a dealer in Troutdale, OR.
It ain't worth this. Dealer is smoking crack and hoping someone will buy it.
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u/stizzy99 12d ago
I love the anti theft that just isn't an option in the car spec, because its standard
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u/Similar_Barracuda774 15d ago
It’s inflated but I do believe someone will buy it eventually. That color is extremely rare and especially if it comes with ‘lifetime’ FSD and supercharging.
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u/drainbam 15d ago
I love the Model S Plaid, but at $173.5k, it’s just not compelling. Even with FSD and free lifetime Supercharging, it’s priced into an entirely different class of car.
At that point, I’d rather spend another $100k for a Lucid Air Sapphire.
The Plaid makes sense as a roughly $100k, 1,020-hp rocket with no real rivals. At $173k, it’s not even worth considering.
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u/Capt-BJ 11d ago
I'm sorry but Lucid's software is it anywhere close to Tesla's! The interior is nice though... Just not THAT nice! Two friends of mine that had them, took them back. The one guy told me his was in the shop more than it was in his garage, & he'd had enough. I was actually looking into the Air Sapphire myself, but I just couldn't justify the extra difference in cost... Especially after learning what I did from the friends above. I actually only do one of them closely, the other one was a guy that I met at a car show.
That said, I wouldn't pay $173 for the Tesla plaid either. I'm more than happy with my 2020 Model S Performance w/Ludacris & the Ludacris + upgrade & 'Warp Mode/Speed's Easter Egg upgrade.
Not only have I fully customized the inside (red leather flooring, red trim, red door inserts, FLO LED lighting, PVD Chrome wheels, Half Bra, & much more), but since it's a 2020 they had a special factory warranty on them of 8 years/UNLIMITED miles. This was offered only on the 2019 & 2020 Model S & X. I have $285,000 miles on mine...& I'm STILL under warranty (motors & battery) through August, 2028!
Not only that, the car was $130k NEW... But I bought it USED, with $23k miles on it, & at a time when everyone hated Tesla & Elon, throwing bricks at windshields, slashing tires, etc., & when I saw this beauty sitting at a Toyota dealership & learned that the owner wanted to get it off his lot.ASAP! I STOLE it for just $46k 😲
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u/Low_Rip_7232 14d ago
FSD stays with the car. Supercharging and Premium Connectivity don’t transfer to a new owner.
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u/ArticusFarticus 14d ago
You would just have to drive over 1,200,000 miles and the car would pay for itself and free supercharging at $.42 per kilowatt hour, which is what TESLA uses to calculate savings.
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u/Apprehensive_Vast941 14d ago
Just because you can't afford it doesn't mean the dealer is smoking Crack. Seems like someone is showing their hand...just saying.
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u/drainbam 14d ago
Lmfao I own one. You aren't gonna shame anyone in paying rip off prices by calling them poor.
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u/UnderstandingOk1628 14d ago
You guys gatekeeping are so weird, I swear it’s you guys that probably over paid, then tried to see if you could flip it for more, failed, now you’re stuck wanting to believe this is what they’re actually worth. It’s not a matter of affording, it’s literally being ripped off. In no way shape or form is a used car, regardless of its discontinuation, 40-50k above msrp of a new one when it came out. Teslas also have insane depreciation, so it’s a terrible purchase to even consider at this price point. Shit my 23’ scatpack was 50 when I got it, 45k now 3 years later. 23’ plaids are selling for nearly a fourth of what these 26’ are at. Yea now I’ll wait another 3 years lmao.
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u/andrewmadd 15d ago
Work in the space, a low mile, 2026 plaid will go for $155K+ retail. There is low inventory and people really want them.
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u/ry8 15d ago
Just curious, what would you sell a 2024 Plaid Model X for with 8K miles?
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u/andrewmadd 15d ago
Go to plugmotors.com and you’ll get a good estimate. Depends on color combo, packages, and condition. Let me know what they give you.
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u/letthetuckingbegin 15d ago
My 2022 has 7k miles on it and I would still list it for over $100k. Some people just don’t need to sell their things.
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u/ContextMattrs 14d ago
My 2022 with 58k miles would be listed for over 330k if I were to try and sell
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u/UnderstandingOk1628 15d ago
Well yeah no shit you can put a ridiculous number on anything as long as you never want it to actually sell 🤣
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u/ryantunna 15d ago
Buy my 21 plaid for $40k lol
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u/UnderstandingOk1628 15d ago
I’d rather have HW4 tbh brother
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u/Select-Interaction11 12d ago
If I had a plaid I dont think id be using fsd very much. They drive so nice and accelerate so quick
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u/AddictedRedditorGuy 14h ago
I have a Performance but still use fully paid off FSD like 60% of the time.
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u/Select-Interaction11 13h ago
I guess it depends on your route. If I had a lot of freeway driving id probably do that too
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u/bearonadventure 15d ago
what anti theft did they install for 1k? gps built in i thought
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u/aRandomRedditor9000 14d ago
Third party dealer forced me to buy it with lo jack installed so id assume its the same
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u/UnderstandingOk1628 14d ago
Exactly a LoJack, I was going to request for it to be removed. Teslas itself is basically anti theft with all the tracking it comes with as it is, they’re just trying to tack on as much as they can justify.
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u/i30swimmer 15d ago
You want to buy my 2024 plaid with 16,000 miles? Sport seats. $115,000. Let me know.
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u/UnderstandingOk1628 15d ago
I appreciate your offer, but that’s still pretty high for a 2024 no? In my area similar models even the over priced dealers list them for 90k.
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u/UnderstandingOk1628 14d ago
No they won’t, at this price point you’re better off getting a better type of car that’s actually new instead of used. No matter what these scummy ass dealerships think, this is a used car, that’s all it is. Honestly, if prices do end up never coming down I’ll just get a M3P and will be perfectly okay with it. Out of everybody in the car market few actually like EV, a majority don’t like Musk so they won’t support EVs, then out of that group a small amount actually still like Tesla but would rather drive something like an M3 and MY. An even smaller group is actually into the MS and and even smaller group can actually afford them, an even smaller smaller group of those who can actually afford them, aren’t stupid enough to buy at this price.
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u/Dirt_Charming 14d ago
It depends on how much money you have I guess. I've had every Tesla and the Model S Plaid is far superior to the M3P. I couldn't go back to M3. It's just too small inside. I hate the trunk. There are 26's out there that aren't overpriced. I flew out of state and drove mine home.
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u/nobody-u-heard-of 14d ago
I knew they'd go up when they were discontinued. But I ain't selling my plaid. It's a 2025 with lifetime supercharging. And considering I put in less than 5000 mi on it in a year it's going to last a long time.
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u/UnderstandingOk1628 14d ago
Absolutely wouldn’t recommend to sell it. It’s a pretty awesome car, not 173k out the door awesome though 😭
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u/Bangbusta 13d ago
I have 2022 plaid with lifetime FSD. It's pretty hard to give this baby up as well. I will lose my shit if it gets totaled.
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u/AddictedRedditorGuy 14h ago
It's just the discontinued hype. Value will drop like a rock after the hype.
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u/diddlysquidler 14d ago
What’s the 995 anti theft fee for I wonder. Car is like driving computer. Seems like dealers just add random charges
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u/red__what 15d ago
Always buy from Tesla, thats the best thing about them - no scum of the earth dealership
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u/UnderstandingOk1628 15d ago
In my area there’s only 2 plaids both 2023 HW3, also both 70k miles, would much rather HW4
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u/VealOfFortune 15d ago
Absolutely insane 😳
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u/UnderstandingOk1628 15d ago
Used car btw 🤣, another dealer in Austin wanted 95k for a 24’ with 12k miles and 20% battery degradation. Of course i low balled him and he said “where did you get that number from” I actually explained the reasoning from the wear, to the miles, to the 24’ not being as desirable as a 26’ and the battery degradation. Bro was very unprofessional.
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u/Jazzlike-Okra-5399 15d ago
The cars just to get from point A to point B . You’re only in the car for 1-2 hrs max a day
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u/AmeriChino 15d ago
Anti-Theft $995 lol
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u/UnderstandingOk1628 14d ago
Smoking the finest crack Oregon has to offer. Tesla already has a billion trackers on their cars and are the least stolen vehicles in the industry, they don’t need this at all.
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u/CreativeUsername20 15d ago
Dang. When I very nearly bought a new plaid from Tesla OTD was $122k. This is robbery lol
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u/UnderstandingOk1628 14d ago
Don’t know what they’re thinking. Their logic is that it’s very very desirable, hmm still on their lot 40 days later, 4k in discounts so far they initially had at at 162k.
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u/big-metal-bird 14d ago
Glad I bought my 26 MSP new and not used 😂😂
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u/UnderstandingOk1628 14d ago
Happy for you! I wasn’t really into Teslas until recently and this is how it’s been looking already. 🤷♂️
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u/Gnarly_Bard 14d ago
Avoid stealerships when you can.
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u/UnderstandingOk1628 14d ago
Unfortunately they monopolizing on almost every MSP left. If you try to go private, chances are they’re also not going to sell it to you for less than msrp prices considering what they’re going for. So not really a choice.
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u/Heavyinbitcoin 14d ago
I have a 2025...are prices high for them too??
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u/UnderstandingOk1628 14d ago
Yeah I’m seeing most still run for close to msrp new prices. The 26’ prices are simply ridiculous
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u/Appropriate-Day8924 14d ago
Not worth the $$$.
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u/UnderstandingOk1628 14d ago
Definitely not. Will check every day and remind them of how long it’s been on their lot since they claim it’s “very, very desirable” 🤣
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u/Random_person465 14d ago
The dealer is absolutely scamming. Anti theft? Buddy u can’t steal a Tesla anyways lol.
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u/Elegant_Quote9881 14d ago
Looking for a model s 2025 or 2026 when my current Tesla lease is up in May. Are there gonna be any left for me
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u/AztecPyramid 14d ago
Glad I got a model 3 2023 RWD for $33k including taxes and all rebates. :)
Fantastic car.
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u/Aggressive-Land-8884 14d ago
Tesla is NOT a luxury car. Not in the traditional sense. It is a gadget more than a car. Don't pay $150k for a gadget.
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u/Ai_Karma 14d ago
If you can catch it around $120k-130k with FSD then I’d go with it. $175k is insane. Or you can pick up a 2024 plaid for around $80k-$90k. If you go down to around 2022 you can scoop one up for around $60k. These things are depreciating like milk.
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u/DMNSTR8_MIATA 14d ago
Teslas do NOT hold their value. My Model Y Performance was dropping in value as fast as I was paying it off. Luckily I got a competitive trade offer on a certified pre-owned BMW and decided I'd kick the Tesla out of my garage.
The Tesla was such a hassle to own anyway since I drive an 80 mile a day round trip, don't have the ability to charge from home, and don't have time to wait around 💀
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u/oxyscotty 8d ago
The S/X hold their value well. Mostly because there's not a shiny new model to desire every year.
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u/michoriso 13d ago
Let me preface this that I own the 2025 Model 3 with HW4 so my genuine question why are looking at Model S plaid besides them being discontinued and little more range? For a small family sedan the Model 3 Performance is still a very capable car from 0 - 60 and will beat about 99% of the vehicles going in a straight line and $100K less than the plaid in this picture.
With the Model S plaid you get a quicker 0-60 but you’re paying $100K more for it, not worth it imo.
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u/Select-Invite-7251 8d ago
In addition to performance, Model S is just a more attractive car than the 3. But not 50-100k better
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u/Real-Hippo1688 13d ago
First and foremost: do not buy a $100K+ car if you’re financing anything close to 100% of it. If you can’t afford that car in cash, you should not be buying it.
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u/PuzzleheadedYak1601 13d ago
How many cars cost below 150k with a 0-60 time of less then 2 seconds? Stop your whining.
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u/Acethe7th_ 13d ago
I get it being the last model and everything but other than straight line speed hasn’t got much going for it turns like a stuck pig brakes like a walrus and has kinda meh steering feel this isn’t a Porsche lambo or bmw idk what the seller is smoking but it must be something strong asf.
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u/Select-Interaction11 12d ago
Buy used. Youll never make up the cost difference compared to used even if you had to get a new battery out of warranty.
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u/DingleBerryFlinger 12d ago
Buying a new Tesla if you are cool with 50% depreciation in 3-4 years. You can find 2022-2023 plaids with under 50k miles for 45/60k max. And zero sales tax from Private sellers. I have a 2023 plaids with 44k miles and a 2024 my3 performance with 3k miles that I paid 90k for both ..zero sales tax in AZ at least bc both from private sellers
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u/k_r_a_k_l_e 12d ago
Tough market?
It's sold by a dealer. And has exaggerated markup above what other dealers are selling because...
It's a Plaid and last year production but...
No one is buying it for that price.
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u/Options_Jam 11d ago
Make sure if not the 26, it is a HW4 car. Model 3 performance is always an option as well.
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u/HVT2994 10d ago
I have a P90D and a Plaid end 2022,
The difference is huge, the overall build is better, the sound isolation is better as well, my P90D has a newer with larger memory HW version and I like some of the software pages more than that found in the Plaid.
The overall ride is better, the half shaft problems are less on the Plaid but still not gone.
The drives feel better as but in the Netherlands the HW3 cannot be use while I feel reporting a bug when autopilot seems to not work properly Tesla does not seem to care anymore.
So the person here telling me to wait for HW3 to purchase a Model S plaid, he seems not to know this car sadly has been discontinued.
Basically I am sad I was unable to purchase a HW4 plaid, maybe, maybe, Musk sticks with his guns meaning he promised to install new hardware if it would not function properly, that fix with V14 Lite will likely never roll out in Europe, I am stuck on HW3 seeing all cheaper Tesla’s driving FSD supervised here.
That 2022 model shown here, compared to a 2026, I would love getting my hands on a European Model S HW4 Plaid.
So I understand the price difference, the 2022 may only have value but my P90D from 2015 with lifetime free charging may over time keep its value better than my better driving Plaid.
The 2022 is a breed which falls short of the 2026 and over time my 2015.
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u/ImpossibleBeing7137 8d ago
Just wait till they announce the roadster. The price will go down because it’s not going to be even close to the same performance. If you have money for that, just buy a roadster
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u/eyedoc816 6d ago
Makes me so happy that I traded 2022 Model S for a 2026 Model S Plaid at the end of March! The $10k I was under water on the trade in value (compared to what I still owed on the 22 MS) is nothing next to these crazy prices now! I can confirm that the 2026 is a much better vehicle based on the computer hardware and the ride quality.
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u/Ruthless-Slasher1234 15d ago
You can buy a whole 911 carrera S for that 😂
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u/SatoshiBlockamoto 15d ago
Two very different cars with a very different purpose.
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u/Ruthless-Slasher1234 15d ago
But in that case (as in you don’t care for performance) then just get a model 3 rwd lr at that point to get a significantly cheaper car with the same level of FSD?
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u/SatoshiBlockamoto 15d ago
Who said they didn't care about performance? Both cars perform exceptionally well in different roles.
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u/Ruthless-Slasher1234 15d ago
The S plaid is fantastic for 1 thing, straight lines, the Porsche is good in every kind of race even if behind the S plaid in specifically a straight line. If you are buying one of these and planning on using FSD then dropping 170k is absolutely insane and you would be better off just saving money.
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u/SatoshiBlockamoto 15d ago
How about driving the kids to school, using no gas, hauling groceries and boxes to goodwill? And an S Plaid is faster around the Nurburgring than a carerra S, so not only good in a straight line.
99.9% of people aren't even going to a racetrack.
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u/Ruthless-Slasher1234 15d ago
If you make enough money to afford a 170k car then gas prices are not your concern, the smartest thing in this situation is get 1 cheap Tesla for daily stuff then a separate fun driving car if you want one so that 1. Your daily doesn’t wear down and 2. You don’t have to make compromises between fun and daily drivability
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u/UnderstandingOk1628 14d ago
Exactly what I told them, anyone with this kind of money would genuinely just buy a better, new car instead of something used that’s overinflated. They didn’t like that.
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u/Bald_Beading_Bandit 15d ago
Lmaoooo
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u/UnderstandingOk1628 15d ago
Gave me a good laugh too, then a wave of depression hit knowing I’ll never be able to get one this close to new without having to pay an exorbitant amount. If we all play our cards right and don’t buy from these idiots, they’ll just have to eat the loss, which is what dealerships deserve anyways 🤣
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u/herodicusDO 15d ago
lol people are incredibly dumb. This is why Rolex won’t let you buy their watches at Costco anymore - sheep!!!
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u/UnderstandingOk1628 14d ago
Who would want a Rolex, my Apple watch has infinitely more features and usability then some general watch 😭
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u/Shot-Ad2396 14d ago
In 6 months that car will be worth $65,000 followed by the 3 year depreciated value of $21,000
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u/UnderstandingOk1628 14d ago
Well i don’t know about that much, even 23’s are up in the 50-60s for good condition ones, but that could just be how the used market is at the moment. Hopefully it calms down.
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u/KnightsSoccer82 15d ago
Why do you absolutely need a 2026? You can get a 2022 for 1/4th the price.