Mirror Mirror On The Wall You Will Never Guess What Car In Germany Has The Highest Resale Of All

The Tesla Model S has outranked a number of Germany’s best luxury sedans in terms of resale value, according to the Schwacke list, which analyzes and ranks the approximate residual value of used motor vehicles in the German market. Following the Model S is the Porsche Panamera, and third on the list is the Audi A8.

Schwacke experts listed a three-year-old Tesla Model S with a mileage of 60,000 km (37,000 miles) with an impressive 60% residual value. In comparison, a Porsche Panamera was listed with a residual value of 57.4% after three years, and an Audi A8 was listed with a 54.1% residual value after a 36-month period. The Mercedes-Benz S-Class, one of the luxury market’s most iconic cars, was listed with a 51.9% residual value after three years.

Read Article

PUGPROUD - 4/1/2019 10:46:20 AM

+2 Boost

When you've been the only EV on the German market for three years of course you are going to have the highest resale value. Simple supply and demand. Check these numbers again after Porsche's EV is on the market for three years before reading much into these numbers.

USNA1999 - 4/1/2019 11:37:31 AM

+2 Boost

Exactly!

SanJoseDriver - 4/1/2019 1:58:42 PM

-5 Boost

Keep making excuses.

scenicbyway12 - 4/1/2019 10:52:56 AM

+11 Boost

“Mirror Mirror On The Wall” Seriously

Of course, this info is from a Tesla fan page, but that doesn’t mean that it’s not accurate. My guess rarity and trendiness a playing a big part in this. Comparing a Panamera and S Class is laughable. Apart from speed and style, both cars are worlds away in quality, luxury, and panache. Remember the Tesla S is a premium priced car, not a premium car.

But seriously “Mirror Mirror On The Wall”

SanJoseDriver - 4/1/2019 1:59:25 PM

-7 Boost

You're right, the Model S is a much better car in almost every way.

PUGPROUD - 4/1/2019 2:46:37 PM

+3 Boost

"Remember the Tesla S is a premium priced car not a premium car"...a resounding endorsement to buy one if I ever heard one. Sounds like "Musk speak" to me.

Truthy - 4/1/2019 4:25:19 PM

+3 Boost

How many Model Ss have been sold in Germany? Dozens? Hundreds? versus how many of the others - tens of thousands. The comparison is invalid. This Teslarati fanboy site continuously tries to bend information to fit their conclusions. If tesla was really all the fanboys want to believe, there would be no need for this statistical gymnastics.

SanJoseDriver - 4/2/2019 2:46:19 AM

-4 Boost

Ouch Truthy, this one has to hurt:

https://jalopnik.com/the-tesla-model-s-outsold-the-germans-in-their-home-cou-1823163274

Truthy - 4/2/2019 11:02:32 AM

+1 Boost

Sanjose, you are cherry picking data as usual. You are quoting 13 month old data when Tesla was filling pipeline. According to "Car sales statistics" Tesla model S sales year to date in 2019 is under 200. Ouch, that has to hurt.
It is typical of Tesla that once a backorder demand is filled sales crater.

USNA1999 - 4/1/2019 11:41:16 AM

+9 Boost

This reminds of when Consumer Reports ranked TESLA Model S as the highest ranking car, the "best car" ever and look where it sits now. Time will tell with all these new EVs coming to the market.

SanJoseDriver - 4/1/2019 1:59:56 PM

-5 Boost

Yup, look where it sits now.. outselling all of its direct competitors combined.

Truthy - 4/1/2019 3:16:44 PM

+8 Boost

SanJose, in every market where direct competition arrives, Tesla sales dive. In markets where the Jaguar and Audi are available, Model S and Model X sales tank.
So against "direct" competition is fails.

Car4life1 - 4/1/2019 3:22:38 PM

+4 Boost

Careful San Jose, Tesla still uses switchgear from Benz, is building vans with them, and may be bought by Benz soon

Truthy - 4/1/2019 4:38:24 PM

+7 Boost

SanJose, what do you consider direct competitors? In Europe the Model S and X are getting killed by the only direct competitors. Model 3 sales tank after the 3 year long pipeline is filled.

SanJoseDriver - 4/2/2019 2:49:22 AM

-5 Boost

Do you actually have a link to which markets the Jaguar and Audi are outselling Teslas... the Jag is available here in the US and sales are pretty dismal. In fact, I have yet to see one in Silicon Valley.

Truthy - 4/2/2019 11:04:30 AM

+1 Boost

Car Sales Statistics (a trade site) and Seeking Alpha, an investment site. See, just looking out your dorm window is not a complete view of the market.

Truthy - 4/2/2019 6:48:10 PM

+1 Boost

Oh no, SanJoseDriver, tesla sales in Norway - (Norway provides daily sales rate information which has been a decent indicator for European sales overall) - have dropped by two thirds in the last month. It seems that cramming 3 years of backlog into one sales month makes for a uniques phenomenom. Just like quoting great sales numbers for February 2018 in Germany and now sales of the S and X are but a trickle.
Oh, and Jauguar and Audi are increasing there lead over the S an X. it seems like competietion really is a good thing, unless you are Tesla and your mountain of dept is dependent on the myth of ever increasing sales.

countguy - 4/1/2019 12:10:08 PM

+4 Boost

LMAO, lets see this ranking in a couple of years when all the other major automakers have mass produced EV's for sale.

valhallakey - 4/1/2019 12:35:45 PM

-2 Boost

Visiting Germany, in Nuremberg. I certainly did not expect to see a Tesla 3 since sales started in Germany only last month but have already seen three here. Two on the road and one parked. The one parked had a lot of people stopping and looking at it and from what I can understand of German (not fluent but moderately conversive) they were giving positive remarks about it.

valhallakey - 4/1/2019 6:35:32 PM

-2 Boost

Man you need to learn to read. Second time now.

valhallakey - 4/2/2019 3:22:56 AM

-3 Boost

I get it, you cannot read. Hope your parents can get you into the RIF program. Reading is fundamental after all.

TomM - 4/1/2019 12:50:39 PM

+7 Boost

Gee - do you really think they would have stopped if they did not care for the looks of the car?

Since that is all they could be conversing one (It is not like they got a test drive) - ou would expect them to give positive remarks - people who don't like the car wouldn't have stopped to begin with

Truthy - 4/1/2019 5:00:10 PM

+4 Boost

Great point!

Truthy - 4/1/2019 5:02:07 PM

+4 Boost

And by the way, "scheise" is not a compliment on the car. Might want to refresh your German.

CANADIANCOMMENTS - 4/1/2019 2:48:11 PM

+2 Boost

The Audi A8 has to be the surprise on the list. A car that does not sell that well vs the S-Class and the 7 Series. Maybe its drivers know something others don't?

Truthy - 4/1/2019 3:10:12 PM

+11 Boost

Much better car than what?

valhallakey - 4/1/2019 6:39:30 PM

-2 Boost

“And by the way, "scheise" is not a compliment on the car. Might want to refresh your German” You might want to refresh your ability to read English and German since the word “schemes” is nowhere in my post. Actually the lack of this ability explains a lot of posts around here.

Truthy - 4/1/2019 8:48:52 PM

+3 Boost

I know it was not in your post. I was imagining what they thought of the Model 3. Europeans are more discerning regarding the interiors of their cars. The Model 3 comes up way short.
So take your smug attitude to one of the Tesla fanboy sites where it will be appreciated. We like real cars here.

valhallakey - 4/2/2019 3:28:27 AM

-4 Boost

Funny @Truthy, you start it with your smart arse remark, then can’t take it if someone responds. I like real cars as much as anyone and I for one, am pretty happy to see an American car company doing well even in places like Germany.

Yonder7 - 4/1/2019 3:40:47 PM

+1 Boost

Interesting to see Audi over MB and BMW...

llaroo - 4/1/2019 8:43:46 PM

+1 Boost

Audi has a much higher level of prestige in Germany

ricks0me - 4/1/2019 4:48:45 PM

-1 Boost

German Large Luxury Cars Have Horrible Resale Period. Tesla Has Higher Resale. My Red Radio Flyer Wagon Has Higher Resale. Nothing To See Here.

Truthy - 4/1/2019 5:57:06 PM

+4 Boost

Who has the most profit? I just read over the weekend that one of the largest sources of revenue for Tesla is selling credits for Greenhouse Gas Credits (GHC) that they sell to predominatly less compliant automakers, maninly FCA. This program is getting tighter fleet requirements and may be eliminated altogether.
It is another source of government welfare for Tesla.

bmw7er - 4/1/2019 8:21:41 PM

+1 Boost

I always refer to Schwacke before I buy my car (eye roll)

Tesla for President 2020

SanJoseDriver - 4/2/2019 2:51:12 AM

-4 Boost

The Model S took the crown even though it qualifies for some incentives for the original owner. Without the incentives, the resale value would be even higher.

hangtime010 - 4/2/2019 9:38:22 AM

+1 Boost

Just because Tesla prices their cars in line with the luxury/prestige brands doesn't make it a competitor. Also, how can someone compare an EV to an ICE? IMO the resale value is only high because the S and X doesn't have a mass market competitor yet, that's fully launched. Once the other brands release their EV then and only then will we know how. I'm sure a refreshed Model S and X will be released by then. Just glad they didn't release a date for the refreshed models, since we all know how well they hit their targets.

Truthy - 4/2/2019 9:45:40 AM

+1 Boost

What is your rational for this statement?
Without the tax incentive and carbon offsets the car would not sell at all.

Truthy - 4/2/2019 9:56:11 AM

+1 Boost

Truthy - 4/2/2019 9:58:46 AM

+1 Boost

See my comment at the bottom of this thread, Sanjose. You are cherry picking data from over a year ago. Desperate.

Truthy - 4/2/2019 2:20:20 PM

+1 Boost

That is because you misrepresented my remark.
You are too smug about your hero Elon.

SanJoseDriver - 4/5/2019 1:19:16 PM

+1 Boost

Okay Truthy, how about a 1 day old article?

https://www.teslarati.com/tesla-model-3-vs-porsche-sales-germany/

"Tesla’s combined Model S, Model X, and Model 3 sales in Germany have put the all-electric car maker within striking distance of Porsche after only two months on the European market. Tesla’s total sales of 2,367 vehicles in March were short a mere 356 vehicles to match the sales of the German auto maker, according to monthly data published by the German Federal Motor Transport Authority."

Again... OUCH