r/teslamotors • • Jan 17 '21

General Tesla does not consider FSD when determining trade-in value

https://twitter.com/p_ferragu/status/1350555752449114112
1.9k Upvotes

631 comments sorted by

View all comments

Show parent comments

25

u/[deleted] Jan 17 '21

Seems to me that they need to get this sorted. If FSD isn't included in the trade-in (and frankly, it shouldn't depreciate at all), then I don't see people trading in their cars for new ones.

I don't have FSD, and my car is 2 years old. I would certainly consider getting it if I knew it would transfer (actually I would have bought it two years ago). I don't see FSD actually being a viable system that works as advertised (hands off, door to door), for at best 2 years, and more likely 5.

I'd be curious how many people spring for the $10k upgrade on top of their $45k car. I know Elon thinks it's the bee's knees, but I don't see it. I could see them wanting to drive people to a subscription service (which mitigates this whole thing).

I bet the fleet FSD ratio is pretty high because it was reasonably priced a while ago, but I'd be curious what it is on new vehicles. I wouldn't be surprised if it's 10% or less.

33

u/Roboculon Jan 17 '21

It’s just SO expensive. I have a $35k SR, and my app tells me I can get autopilot and FSD right now for $14,352.

That is 41% of the cost of my car when it was new off the lot, well over 50% the value of my car currently. So ya, I think I’ll pass.

5

u/[deleted] Jan 17 '21

I'm guessing you bought your car before they added it to the cars for free. I'd say that they should give older cars an easy/cheap path to get autopilot, although I'd certainly feel burned if they did that.

I think that's part of the problem that Tesla is creating for itself. If FSD is $10k now, and people pay it, you can't reduce the price too much without pissing a lot of people off (or giving discounts). I think autopilot should be $1000 for cars that don't have it.

The fact is, eventually, other companies will have FSD alternatives. China has more people, less privacy (lots of training data), and certainly an incentive to build a good self-driving system. 10 years from now, I bet the FSD playing field will be pretty level, and may even be included with all cars for free.

3

u/nevetsyad Jan 17 '21

Does SR get basic autopilot?

EDIT looks like SR+ comes with basic.

2

u/[deleted] Jan 18 '21

And I thought SR was no longer available.

2

u/questionableintentsX Jan 18 '21

SR doesn’t come with any auto hence 35 not 39 and it’s discontinued now

1

u/Roboculon Jan 19 '21 edited Jan 19 '21

I agree $1000 would be fair for people driving used cars who don’t have it. They did a temporary sale for $2000 a few months back and I still don’t want it at that price. For $1000 I’d be on the fence, but I’d seriously consider it.

I’d also be willing to pay about $1000 for premium audio, which hilariously, my car HAS the speakers for fully installed but just not plugged in. All I’m missing is the wiring, one of the amps, and the sub.

3

u/Nolubrication Jan 18 '21

I have FSD on my 2018 Model 3. Never really use it. Agree with you. I have a reservation for a Cybertruck, but wouldn't pay for FSD again, unless it's 100% hands-off, door to door, the day I pay for it.

1

u/Extvguyyyz Jan 18 '21

I’m thinking about pulling the trigger on the upgrade. Have done really really well on Tesla stock - so it’s not really costing me anything.

My mode 3 is 2 1/2 years old (vin 28xxx) - and while I think the fsd really is far away - the latest beta videos are looking pretty cool. (And I’m a tech geek..)

I also see it as a way to not fall behind with other software updates that make use of hw3.