The Defacto EV Standard? Study Reveals Tesla Resale Values Remain Sky High

Sounds like yet another knife into the heart of Tesla naysayers. You can pile this FUD resale crapola about Teslas not holding their value onto the trash heap of other disproven nonsense based on eithera personal hatred of Elon Musk, Tesla Inc itself, or ignorance concerning the realities of EVs.

Interesting, I honestly find Tesla and the new pop phenomenon, Cardi B, to have something very crucial in common, their it factor, cool factor, whatever it is it’s there.

And although established players in both their industries will nit pic at everything about them trying to “expose” them and their faults, the simple fact is both are here to stay for a while hate em or love em.

Bottom line, established players need to step up, and instead of hating or nit picking, put your money where your mouth is, give Tesla some proper competition, no more of these hideous i3, i8, B Class, Prius like vehicles.

Give us something attractive, performance bound, and can actually hold a candle against Tesla in all categories because right now, I don’t see any

Yet another win.

I haven't seen it formally announced yet, but the Model 3 only needs recommended service/maintenance every TWO years. High performance, high tech, high resale value, and low maintenance. Sorry haters, Tesla isn't going anywhere.

Hey there SJD! What's new at the Tesla mega-plex in Fremont? How was sushi day in Cafe Tesla today? When is employee 'chair massage' day?

Do they have to put the tent up again soon? If so, where do the employees park or are you bused in, just like those other bay area tech companies look Google and Facebook? I haven't seen a Tesla bus yet on 880 or 101.

How is your commute? Oh yeah forgot, you just use the HOV lane.

Everyone I have shown the interior to like it, so not sure what is wrong with you tastes.

I question whether the information we have allows us to come to that conclusion.

Based on the closed nature of their service operations - I am aware of a number of both new and used car dealers who will not even consider taking a Tesla in trade. Dealers depend on being able to "repair" their inventory as a way of adding profit - and the fact that they cannot actually do that with a Tesla(Tesla allows no access to even the least of the Computer functions outside its own service department) is a distinct negative - so much so - that they simply tell their customers to sell them themselves.

If a Tesla has gone into limp mode - it must return to a Tesla service department to reset the computer (Other cars must allow that based on emissions - something that Tesla does not do at the car). Since these "departments" are not fellow dealers - they generally do not work well with the existing car dealer network

And because of that - I would want to see HOW this conclusion resulted.

Interesting point Tom. Massachusetts has a law that 3rd party repair facilities must have access to the technical information that manufacturers provide to their dealers. It is supposed to level the playing field. One has to wonder how that applies to Tesla.

Tesla is the only EV game in town. Once the others show up, their resale will plummet.

When the Model S is replaced--and it's getting long in tooth--values of the current one will collapse.

Another con I suspect. With so many mainline dealers not taking Tesla's as trade ins I suspect Tesla is artificially boosting trade in values to bolster sales of its new models, to inflate residual values on new leases, to gain market share and to bolster investor confidence. I could be way off base but nothing Musk does would surprise me.

A lot more FUD from the peanut gallery.

People of lower intelligence cannot or are unwilling to adapt and leave their comfort zones, which is why most of them are conservatives, and also why most of them cannot stomach a Tesla.

Nonsense - Most people do not by Teslas for other reasons
1 - THey are expensive - far higher than the average new car - Even their "Cheap" mass market car sells for nearly $50,000. ANd their announced low end products cannot be made for the price they announced
2 - They have few sales outlets and just as few service outlets - Long distance tows to get service on a car that goes into limp mode can be pretty pricey when the closest service department is hundreds of miles away
3 - Infrastructure hardly exists - especially outside of major metro areas

An EV - today - cannot actually replace ICE cars in a lot of situations. If I live in a 3rd story walk-up in NYC with only street parking - I have no place to charge my car overnight - an EV is an expensive paper weight. The same exists in suburban Apartment complexes without assigned parking spaces have the same problem.

And if my needs for a car includes regular long distance travel - where are the charging stations that can charge my car in 10 minutes? They don't exist.

Even people of "low intelligence" can see right through your dig - and are smart enough NOT TO BUY Evs until they are better supported in the Marketplace - and while that WILL happen - it will take decades before the EV can actually replace Most ICE vehicles.

To Holydude...."people of lower intelligence,are mostly conservatives."
You really believe that OMG. If that isn't the most arrogant elitist nonsense since "the deplorables" statement of your standard bearer entitled loser of a candidate I don't know what is. If you are so smart how can you make such a dumb statement. Every individual has value. Get real man.

@Pugproud, if you're a fascist-socialist-Liberal like the cabal here, it is perfectly OK to be bigoted and hateful because when you're tolerant and intelligent you can tell everyone you disapprove of how inferior and worthless they are. Holydude is a hateful prick. How much you want to bet he barely finished high school?

Interesting. Two days after this article Musk announces he has raised $800M+ in new debt secured by lease payments and the resale value of cars coming off lease. Loan matures in 2021.