Tesla Depreciation Is BRUTAL! (Used Tesla Model S Plaid)

[@davidbahr8599]

If I was shopping for one of these I would compare it to the current price of a new plaid so about 84000. 130k was just because they were new and the quickest production car in the world. Tesla markup instead of dealer markup! 😂

[@Rob_G716]

Agreed!

[@arleydiaz]

The level of radiation from an electric car's battery is comparable to or even lower than that from many other household appliances like microwaves or cell phones, and numerous studies have indicated that this poses no significant health risk to drivers or passengers.

[@LanceJDanks]

Another in a series of Tesler haters. Without a doubt one of the finest salon EVs on the road today. Apparently he doesn't like speed actually complaining about it, weird. "Too fast" " Too much" really? What an Awful review.

[@tm68669]

Brand new Plaid’s start at $89,990. More if you want different colors or the upgraded wheels, FSD, etc.

[@BenHardyCars]

Pricing was higher in 2021

[@husshardan3511]

@@BenHardyCars yeah but who cares about that? You are going to compare to the price of a new one today to see how much you are saving. If a new one today is $90k, that is what you would be comparing it to as a real buyer.

[@JreiZz]

@@husshardan3511no

[@Rob_G716]

@@BenHardyCarsthat was then, it’s been 3yrs. Let it go! Lol. You compare it to buying a new car today, it’s 90k for a brand new one .

[@kcw9313]

@@BenHardyCarsyour hair line is higher since last night 🎉

[@winnerdanny7]

the comparison of $130k to $60k without mentioning the price cuts is dishonest. the depreciation curve of teslas and used ev's was massively impacted by price cuts + the point of sale credit last year. its not because "they are worse in every way" and no one wants to buy them - that reasoning doesn't match the thousands of dealers buying up hertz's inventory of used EV's. if they were really that bad, they wouldn't be buying them for resale.

[@S8ER]

Is it? I would expect the comparison to remain year to year.

[@winnerdanny7]

@@S8ER wdym

[@JA-zh5xi]

It’s not - because that $90k rolling turd will be $40k within a couple years.

[@S8ER]

@@winnerdanny7 so in this case the Plaid got cheaper year to year but if the price had increased the next year, I wouldn't expect someone to bring up the more expensive price from the next year while providing this information specific to this vehicles model year.

[@winnerdanny7]

@@S8ER but the reason why it goes for $60k now is because the price was cut from 120k to 89k.

[@mattdomanski9442]

Look at the Model 3 Performance - 2022 or 2021 - the depreciation is over 50% - but at $35k the value is really good compared to other cars in the $35k range - new or used

[@JA-zh5xi]

Not really - it needs to be substantially less than cars in its class to account for the fact they are worse in every way.

[@mattdomanski9442]

@@JA-zh5xi what car for $35k competes with a model 3 Performance?

[@dannyw9314]

No it’s almost 50%. I had a 21 3 Performance I bought new then and took a beating.

[@S8ER]

I fully expect EVs to be similar to phones after a few years the value will be next to nothing as the new models will have improved enough to kill off demand for the used model.

[@JA-zh5xi]

You don’t have to expect - it’s been true since they were produced years ago.

[@rickyaz8640]

Disposable like phones, too.

[@jimsteinway695]

@@JA-zh5xiEXACTLY

[@EwanM11]

I'm sick of hearing about EV depreciation when its obviously got a lot to do with a big drop in new prices. So a car that used to cost 130k is now 60k (or whatever used) has depreciated more than 50%, is not going to have the same depreciation for a new buyer whos paying 90. A price drop of 33% (90k to 60k) for 3 years and 30000 miles sounds normal to me.

[@husshardan3511]

“Compared to other cars, the suspension is really disappointing”. How about comparing it to other cars with 1000hp and see how the suspension stacks up?

[@evan.435]

That would make zero sense. This is a family sedan. A Lamborghini Revuelto or Ferrari SF90 is not even close to a family sedan, and neither is the price point.

[@husshardan3511]

@@evan.435 you prove my point. The Plaid is a 1000hp family sedan. There was nothing like it, let alone for now $90k new. Yet Ben complains about the ride as if he thinks he is driving a 250hp Camry.

[@evan.435]

@@husshardan3511 he’s saying for the price the ride and quality is nothing like other sedans i.e. S Class, 7 series, A8, etc.

[@husshardan3511]

@@evan.435 and none of those are packing 1000 hp. You honestly don’t think suspension tuning would need to be different to handle that?

[@jimsteinway695]

Teslas aren’t performance cars. Sure they can go straight fast but it’ll never be a Porsche, it’ll never be a Miata. Even over 120 mph they’re not stable. The new Corvette ZR1 has 1164 horsepower and its suspension will be light years ahead of anything Tesla makes .

[@Drek-67]

I have a tesla s and they handle great - and as far as reliability they are top notch - never have to go in for maintenance- how can you beat that

[@dannyw9314]

This guy should get in another car that sells new for $50-60K new to get a reality check. I’m curious what he’s driving. He mentions the S Class. That performance is nowhere near the performance of the Plaid. He needs to drive more cars and especially EVs before reviewing EVs on this channel.

[@eriklundh6997]

Who drives a plaid and puts it in chill?????? What am I watching 😂

[@theczar6171]

The Mercedes S class from my understanding is closer now to a $30,000 loss as soon as you drive off the lot. I’d rather have the Tesla than the Mercedes. But I am curious what true appreciation is on an S class Mercedes. It would not surprise me if it’s got a super harsh depreciation like the Tesla model S.

[@micele999]

Don’t buy it new it can be a budget car where most of the cost is up front under the right circumstances. I got a 3 used for 25,000 less than new, I save 300 a month in gas. Car pays for itself hands down IF you’re in a high fuel price area AND hold it 10+ years. No loan pay cash. Oddly enough Toyota Corolla from 2007 (amazing car) is the only car similar in savings but I spent 350 a month gas even with her. Older reliable cheap under $10,000 barely exist or need a lot of work done. Battery replacement free on my Tesla for 7 more years and I’ll probably just replace the battery-cheaper as time goes along and it’s like a new car.

[@JA-zh5xi]

The problem - yes, new teslas depreciate way faster than ICE cars, but the used EVs continue that rapid depreciation curve faster than used ice cars too. They are worse in every way and resale is the way the market shows that.

[@TimeisReel]

@@JA-zh5xi - All jokes a side. I think the problem with EV depreciation is that the Platforms vehicles don't really change that much from year to year. For example if you have a 2018 Tesla you would just keep it, because there is little to no difference in a new one, especially the interior and features. Its basically the same car, year after year...

[@justinkase1360]

@@TimeisReel I disagree. I think Tesla buyers all want the newest thing and the technology does change much more significantly when compared to other cars. Different motors, battery types, driving hardware and software, suspension. That means a new car is soon outdated and a used car is outdated from the beginning. The result is plummeting values. Oh, let's not forget worries about battery replacement that make old teslas a serious gamble. I want a tesla....but it just doesn't pay to be an early adopter, and it IS still early.

[@justinkase1360]

Found 2022 Model S Plaid w/43k for $52k. Depreciation is brutal and makes me not want to buy any Tesla.

[@rko1914]

Thats a whole lot of car for 52K though.

[@p3dtesla118]

The Plaid is the best car for sure by all means !! This car is defiantly not for you at all !! You can't afford this car that's why you put dirt on this car saying all these negative bs:(

[@jamesdelaplain]

BEN, yea plaid fast but chill is what makes RANGE longer, and the Price is 95 with FSD and Lunar Silver for example.. mainly Lucid $150-250, Porsche is over $200, Audi $150 ... this is the Same Price of Ford Lighting Platinum, Toyota Tundra, Mercedes, many. Not a bad Choice when its only Competition is a Chinese car, today news a Hyundai coming out, and next year a highly big change in battery technology giving the final possible 621 range.

[@rsamd]

model s plaid. best car ever made. that sales man is so uninformed about ev's. Like a couchman in the 1900's trying a ford model t for the first time.😁 They dont depeciate faster. Its because Tesla did a few price adjustments. In '21 it was the the fastest mass market sedan ever made. you had to pay a premium to get it. Its how markets work. now you can get a new one with better features for 89k. so after 3years in the ~60k is pretty normal.

[@CarGeek360]

I’ve been in many luxury cars and find the Model S to have the overall best drive out of ALL of them, the ride quality is incredible and the handling is equally impressive, I wouldn’t bother with the Plaid though, the Long Range is more than quick enough for me, Tesla build quality has improved a LOT over the years too, all the Model S needs now is a nicer interior to compete with BMW, Mercedes, Audi, Porsche, etc

[@courtneypuzzo2502]

Tesla's are still new tech compared to a Toyota Hybrid for example the Prius has been on sale in the US for nearly a quarter of century just a few years before Tesla but Toyota itself has been selling cars in the US since 1956 for nearly 70 years and its two longest produced sedans are the Corolla 57 years and the Camry 43 years where as for ex the longest produced Chevrolet models are the Suburban SUV 90 years and the Corvette Sports car 72 years both the Corolla and the Camry have had Hybrids for 20 of their model years and Camry has been the best selling sedan in its class in the US for 27 of the last 28 model years

[@styme314]

From personal experience of owning one. 180 miles is all I got out of 80% of the battery. That 400 miles is bs. Mine would read 385 miles.

[@Rob_G716]

Oh bs! I own a 2023 Model S, I get 400 miles on 💯 charge, 380 on 80% charge

[@styme314]

Mine was a 22 plaid. Drove easy on it but kept in plaid mode. Made a single long distance trip 90 miles one way all interstate at 80 mph. Took 40% or so each way. Left house at 100% @385 miles reading. Drove 180 miles total down to 20% or less with 40 miles left of the dash. Now I'm not a rocket scientist but 40 + 180 is 220. Not 385. Always wonderer where my other 160 miles went to.

[@afSDFd]

@@Rob_G716 80% of 400 is 320 miles

[@Iwo26]

The new Plaid is sweet. The new seats are awesome and suspension on 19” wheels is really nice. Teslas are great if you want to keep it for a long time.

[@justinkase1360]

If you want to keep it for a long time, and you buy a model that is several years old. There is NO logic to buying them new. I keep my cars about 7 years.

[@DeltaEcho303]

I'd honestly get a Plaid with the 19" wheels because the 21" sport tires wear much faster due to the camber.

[@rsamd]

can get chamber fixed. 21'' look much better.😁

[@TimeisReel]

"They are now in the high 50s. In two years they will be in the 40s-30s. Dropping like a...Brick 🧱!!!"

[@justinkase1360]

Found 2022 Model S Plaid w/43k for $52k.

[@TimeisReel]

​@@justinkase1360...Wow

[@NormanStansfield1]

Is you shop around, you can get a used model S for $15K to 20K. In some cases $12 K. The dealerships that have them for sale will deal because most do not want them on their lot. They just depreciate too fast. Just low ball them.

[@TroyShields]

A video full of contradictions, hallucinations, biases, assumptions.

[@evan.435]

I always love your Tesla reviews purely because of the comments😂I don't mind Tesla, but people freak out if you criticize any little thing about them.

[@ernestoquirozjackson8815]

Hi Ben, thanks for your informative work you give us everyday. I appreciate you sharing your knowledge to help educate most of these non auto gurus. I have a request. Can you put up the full video on the Goliath (Armormax F450) you did a couple of years ago or send me the link to it. I cannot find the full video online anywhere. I can only view the brief half video comparison with the Ram Prospector. The full video is my most favorite vehicle and video you ever posted. Thanks and let me know where I can find it, watch it or download it. 👍🏽👍🏽👍🏽

[@BenHardyCars]

I’ll see if I can. I had to take it down, due to reasons. I’ll just leave it at that.

[@Eudamonia-123]

Obviously you don’t like Tesla. Constant complaining…tiresome.

[@TimeisReel]

Uh OH... someone paid Retail 🤣😅😂

[@getreal7217]

Can't agree with you more. Tiresome listening to this guy. Regurgitating calling this car a one trick pony shows he doesn't have a clue. Not a clue. Also anything but chill scares him. Enough said.

[@renntech44]

Does this qualify for the tax credit?

[@ryaneb1370]

As someone who works for Tesla. They can fix this. They’re growing the brand rapidly and unfortunately this is a side effect. Not a Tesla guy either. I drive a Toyota.

[@1977fiero]

2022 740i M sports have about 50% depreciation too but why isn’t that making headlines

[@1971joseramirez]

Elon invented EV depreciation during last year price war to prevent losing market share Ironically I was one of those who lost $45k on the Plaid as I was looking other alternatives at the time for a fast car due to dealers markups and ended up paying a Mark up to Tesla. So now a days I relieved most of my anger punishing all of those cars appreciating in value that line up next to me a the tracks Sad sad

[@sasukesuite1]

It seems like everybody that reviews the Plaid is too much of a pansy to handle the acceleration.

[@evan.435]

Have you ever ridden in one? They make you nauseous.

[@johngreen4100]

How about you compare a 2021 Mercedes S class depreciation compared to the Tesla Plaid and those r selling now for under 50 grand

[@leesin4321]

If you can afford this type of car, you won’t give a damn about 40k depreciation in 3 years. Think about it,if you lease any car that is $100k. You will be paying over $50k in a 36 months lease. Only people who cannot afford a Plaid talks about depreciation 😂

[@h011yw00d]

How many 1000hp cars have full self driving?

[@theczar6171]

Can’t wait for the day. That Tesla has a 600 mile battery or even an 800 mile battery between charges. That will be awesome.

[@videogazer801]

Yeah, and if you live in cold winter weather states, they all will get you 0 miles per tank in freezing temps.

[@theczar6171]

@@videogazer801 actually that’s not true. Except for one very important fact. it literally operates like a diesel vehicle in cold weather. If your gas tank ain’t full on a diesel., and it’s closer to quarter tank an extremely cold weather conditions she’s not gonna start because the diesel has turned to Jell-O. Now as far as the electric car goes, it’s the same thing. If she’s not 60% or better charged.. you’re gonna have problems with distance and range. I know this because coming back from a trip in my model S the car was warning me. That my battery was under 10% and the battery was getting way too cold to operate. Now second issue. In a way it has nothing to do with the car. Lot of consumers just charge their car enough to go where they’re going and come back. They keep it at the lowest possible charge. Don’t know why. But I know for a fact, she will have problems if the charge is really low on the car. Which we got to see in Chicago all over the news. Third thing. When they get way too cold, they don’t charge very quickly at all. So the rule like a diesel keep it fully charged as possible and you won’t have these problems. Just like a diesel keep it as full as possible and you won’t have problems.

[@theczar6171]

@@videogazer801 check out some of the videos from like Finland Sweden, Iceland Greenland. You’ll find that they don’t have problems with their Teslas. And some of the videos are actually funny. They use their vehicles to plow the road so they can get out of their cabins. Because of Teslas all-wheel-drive systemworks like a charm. And in some cases, it’s actually funny.

[@rko1914]

@@videogazer801 Untrue. I drove my Model S from Ky to Colorado in January 3 years ago. The temps stayed around 25 degrees but there were areas that were as low as 9 degrees. Granted, I was probably only getting about 115 miles per charge. I was driving mostly around 90 mph and had the heat and heat seaters on. Somehow, we made it just fine. Our 70D has free supercharging for life and premium connectivity for life so the stops were no biggie..

[@mickeybrumfield764]

Ben, you nailed it. For folks that don't know what brutal is, just take a look at this S Plaid. Truly abusive.

[@jasonsmith1143]

people loves Tesla here, San Francisco bayarea i still prefer driving my v6.

[@jay315-z5k]

Maybe the radiation is why Elon Musk is Elon Musk and decided to put the blinker on the steering wheel. How stupid.

[@dvoglavaazdaja]

Tesla plad is better than Ferrari and if you drive like plad any petrol car will be in worse condition then that Tesla plad.

[@KenMcCune-wb3jp]

Tesla is a insane car for a Toyota

[@jeffufcfanaticrosenberg]

YEAR and MILES ????????? watching 4 minutes no mention

[@johnnyspaceman1]

Half it sucks the other half its not bad

[@darrenorange2982]

Its not now the new car is like low 80s? new?

[@Drek-67]

I would say it’s totally sexy and sleek !

[@howben3544]

$15,000 would be a good price point

[@TC-iz5hr]

Why do you hate freedom of speech?

[@BenHardyCars]

I do not hate it lol

[@gturbo9255]

Very unreliable car

[@박동석-u7u]

tesla catch on fire everyday and looks like women's car and quality is poor

[@StoneOcean24]

I'm finally glad that Teslas aren't put on a pedestal anymore.

[@ettaylor9418]

Some of the worst looking cars I have ever seen.

[@S8ER]

I don't believe there is any evidence that they catch on fire everyday (though I certainly wouldn't want to experience it if it happened).

[@AntLive29]

@@박동석-u7u they ok. the Mini Cooper definitely looks like a woman car tho!

[@박동석-u7u]

@AntLive29 tesla is ugly and girls car lol I don't know why a lot of men drive tesla lol

[@AbnerVargas-u3g]

First comment ✊🏼

[@brentmiller3479]

I would walk if it was $15,000. It's not even a a 10K beater, A Hard and Fast "PASS" on this crap!

[@tm68669]

Feel free to walk. I’ll take the badass Plaid. I’ll wave as I pass by.

[@LowmanGames]

If you won’t pay 10k for a car that will do 0-60 in two seconds, go 400 miles on a charge, and has 5 years of warranty left you are actually insane.

[@brentmiller3479]

@@LowmanGames I have a 10 year old Samsung Android, It's yours for $450.Send the cash after your Fentanyl hit!

[@husshardan3511]

Let me guess, you got humiliated by one in your Hellkitten.

[@theczar6171]

@brentmiller3479 so cheap and extremely fast. And you would walk past it because why. I hate to tell you, but I don’t believe you know anything about cars. You’re like that four-cylinder guy that thinks his cars fast. it’s like being afraid of power from a car. Is that it? You don’t know how to control a fast and powerful vehicle. I bet you like driving skills.

[@AngeloPaolo-d5t]

I always order these bags online luxrul , My items never have any issues. We should keep or money in our pockets & buy things that appreciate in value, like houses, stocks, bonds, etc.

[@LiBingBong]

Trashla