The Road To Model X: Definitely Not Worth Getting A Used One!

[@aPpiknik]

I recently got into a legacy model X 2018 for about 34,000. It's a 75D, but I truly believe no matter the EV or battery size, there is a owner out there where it will fit their particular use case. I plan on only using mine for commuting to work, hauling children to school and other short hauls. The used market is dropping like a rock, and motivated sellers must lower their prices accordingly. Look out for good deals because they're out there.

[@joshsmith9761]

Hi Dave, we have the exact same spec of Model X on order currently, black 5 seat ultra red at the $79,990. We ordered it a couple weeks ago and the original estimated delivery date for us was November-December. Now, it’s moved back for us to December-January, so it seems what we’re experiencing is normal based off of what you mentioned in this video.

[@bbmom315]

Hi Dave, I woke up on September 1st and saw that the model x price had decreased. I got in contact with a Tesla advisor and placed my order the same day. I picked up my ultra red with black interior on October 6th. I traded in my black on black to Tesla for $42,000. The cost of my model Y had decreased by more than $5,000 since my purchase. Actually on the day I picked up my model x, Tesla decreased the price of the model y again. The ultra red is just a gorgeous color. The model x is the model I originally wanted. I just couldn't justify the price of the x when I decided on the Y which was half the cost.

[@rohitgarg5617]

Dave- 21 century is a classic bait and switch. Not sure if they were the dealership but about a year ago me and my dad flew out to NY to look at a Model X. Upon getting there, the car was in rough shape and they had added on $5-10k on top of the advertised price. Thankfully I didn’t even buy it as the original listed price become a terrible deal just a few months later

[@davidbryant2872]

As of November 2 late afternoon, there is one Model X in inventory in Massachusetts for $79,880. It is a demonstrator with 1086 miles. The color is midnight silver metallic and it has the (optional) yoke, black interior, 20" wheels, trailer hitch. Good deal if you would like that spec. But given its rarity as a Model X selling for less than the $80K tax rebate limit, my guess is that it'll be sold by the end of the day...

[@Fitforacting]

This is why it helps to have a Tesla Advisor. We keep an eye on the inventory and can match you to a Model sooner AND find the ones with discounts

[@bluve27]

Received the 2023 MXP about three weeks. Hang in there brother, it's worth the wait!

[@BEATSONFILM]

I’m still waiting i ordered 9/5 a lot of EDD charges currently Nov 3-Nov 23 White version lost value on my 2022 model Y LR and had to re apply for financing because mine expired with Td , very frustrating hopefully they get it to me the time they are saying.

[@rpii678]

Just placed my order for Base Model X, Jan-Feb is the expected delivery. It jumped up within a couple of days. Rep at Tesla said usually the orders ramp up end of the year because the small business owners buy them before the end of the year. Dont know how true that is.

[@adairmartin]

Dave, I traded in my 2017 X for a new X right after Elon announced we could transfer our FSD to the new car. I checked Tesla’s local inventory, and I was able to get one EXACTLY how I wanted it for $10,000 less than ordering one, and months quicker, too. That was before the $79,900 price drop, but still, at the time I made the deal, it was a great deal! With Tesla, you never know when they’re going to change the price or incentives, you just have to like the current deal and go with it. Last spring, they were offering reductions for trading in the free Supercharging, and that didn’t do much for me.

[@bomb1st]

You go through cars as much as I do lol. I get something new it seems like every 6 months. I have a model S on order ATM.

[@Quickicecarreviews123]

Lot of ford dealerships are doing the same online listing when they don’t have cars. Especially with f150 and maverick. I called several and they said ford told them they have to list anything they may possibly get. No fun

[@joeyvinzo4531]

It’s my understanding that in the automotive industry, they start slowing down production in September/ October through the end of the year. Mostly so they won’t get stuck with an over abundance of inventory.

[@zoobrizz]

They already have an over abundance of EVs

[@BillB33525]

Passed by the Tesla Store in Lawrenceville NJ, they have more than a thousand cars on their lot. Are sales tanking?

[@LanceT.]

I'm with you on the 5-seater ultra red long range model. I did order about 5 days after you, but mine still says November-December. The tax credit was an important part of my calculus on pricing. The real issue is that Tesla is saying that at least some (which ones?) vehicles likely won't be eligible in 2024.

[@ProCSRman]

Why so high of an interest rate?

[@MFoley-tv3zh]

I think you have it right. The US model 3, the X, and many Model Ys are all made in Fremont. They probably are distracted with the soon to be released Model 3 Highland.

[@chrisbrzon3917]

Ordered the exact same spec 10-2-23. One thing possibly in our favor, likely sometime in mid-November Tesla will start doing 2024's (VIN 10th digit = R, vs P for 2022). Better for resale as a " 1 yr newer car". If delivers in 2024, $7.5k "on the hood" as u noted. No sales tax on that 7500...so some silver lining if it pushes. My RN showing 12/14 to 1/24 delivery window in KC.

[@RidingWithJahv]

looking to buy a model 3 LR. Ive had similar thoughts, "Why buy used when I can get new with tax credits for only 3k more"

[@processtrading89]

Dave I about to but the car too.. it’s has full self driving. You can see in a picture

[@jasonhodgson2528]

So if you order a Tesla Model X and you have to wait 60 days plus for it why don't tesla wait until you have a VIN assigned before they make you a trade in offer, rather than having you resubmit it every 30 days just curious?.

[@BobMarley-te4dx]

Sketchy used car dealer out of NJ. How surprising

[@Fitforacting]

2:59 30 days or 1000 miles ❤

[@autonomous9031]

I just drove a model X and I ordered one, however to be honest there is no luxury in that car other then the use of the word in context with a Tesla brand recognition. I have owned several Bentley, Mercedes, Ferrari along with every high end trim of every domestic “highland” using all of that as base metric for luxury I have to say, I did not feel any luxury at all inside the model X. I ordered one because my son is a nerd and I encourage it, but let’s be honest about the luxury

[@muhanadkais]

I don’t think there is a demand on it especially after the potential value depreciation during ownership.

[@FthePump]

I loved my model s and would love to get another!

[@joeyvinzo4531]

Dave, if I could afford to buy your model 3, I would. Because I know you take great care of your vehicles. That way it could stay in CT.!

[@laloajuria4678]

model 3 is

[@joeyvinzo4531]

Living close to poverty level, $30K is a pipe dream

[@joeyvinzo4531]

@@laloajuria4678 when you live at poverty level, $30K is far away.

[@ArnoldWinters]

Dave, I agree that you are doing the best thing by sticking with the red one you have on order. The deal is great since you are getting the ultra red paint for free, a $3K savings and the tax credit.

[@zoobrizz]

So. Range anxiety + rapid depreciation < Hybrid ❤️. 👍

[@Michael-db4sn]

Tax credits may change in 2024

[@MSZ06]

For what it’s worth I got a in service date June 2023, 2023 model x plaid, cream interior, 22” wheels, 2050 miles on it, for 90,000 plus tax (all other fees included, including insured shipping about 1500 miles to my house), that’s a current roughly 105k car with only 2k miles on it from Tesla new…guess I got lucky!

[@williamsheehan9558]

Ended up getting a used 2022 Model X 7-seater with 19k miles for 75k last week. A bit of buyer's remorse - I think I should have just gotten new, even though I don't qualify for the tax credit.

[@Michael-db4sn]

Enjoy

[@Veterans-e2c]

I just got a demo 2023 model S with 21” wheels with 500 miles. Two wheels had miner curb rash on two wheels. Can barely tell. Tesla fixed everything and went through the whole car and realigned the whole car. I saved $7500 and they’re putting new wheels. I stole it. I would get a low mileage demo. I got 6.49%. I got sky silver grey Metallica without the yoke from Tesla in south California

[@darrenorange2982]

6.49% ouch

[@StayConnectedEV]

Elon said this in his earnings report. He said they will slow down production to focus on the Cyber Truck

[@zoobrizz]

BS.

[@MatthewSerta1]

Being you ordered before the price increase you should be able to change your order to plaid for only 10k instead of 15. I know you don’t want that. But it’s an option.

[@jimbojones3400]

Your in the same boat as when you bought the Y.

[@tazeat]

6.49% :O, crazy rates. Southeast Financial (SFCU) still has 5.25% 3 years if you qualify.

[@achtungpolizei7614]

Wait until they get the ambients. Should be implemented very soon for production process.

[@LearningFast]

Why get it in Red if that means you can’t get the tax credit because it is over $80k then?

[@Michael-db4sn]

Red is free in 2023

[@LearningFast]

@@Michael-db4sn wow! I did not know that. That is definitely a change.

[@ronald4life1]

This is the exact problem with the no dealer network. Tesla can set whatever pricing they want and adjust it by the day for everyone coast to coast without any consideration of local limitations (like lack of Tesla repair facility within 100s of miles). The consumer has a lot more power in negotiation with dealers. For example the Q8 Etron can be had in some places with 14k in Audi incentives PLUS another 5-8k off in dealer discounts from MSRP for a new car.... Tesla's sale model let's you get a car at MSRP basically which frankly was never that hard before. Sure the last 1.5-2 years have been wonky but things have returned to normal again now. Lastly Tesla's sale model really leaves you with little options when they adjust their pricing on the fly for your trade in or other variable. You almost never have anyone to complain to, it's just kick the dirt deal with it.

[@stevenichols4639]

This video was like going to a car dealer and buying a car and then they say I have to take the deal to my manager and they go back-and-forth and back-and-forth and back-and-forth. You’re gonna buy the car why wring your hands?

[@DLAmy]

Why doesn't Tesla advertise the price of their cars ?

[@justinwalker4975]

Lol just went on waitingfortesla and there's 0 cars available...

[@trainingtheworld5093]

Lehman Brothers 2.0?

[@gersonmets]

That interest rate is terrible, hopefully things start to get better soon.

[@edwardeusebio8735]

I enjoy your thought process Dave. Also thank you for responding to my email 🫡 We are definitely getting MYLR

[@davidbryant2872]

Sounds like Tesla wants to be able to say that there is a Model X that qualifies for the tax rebate, but there is enough demand for the optional interiors, seat configurations, wheels and so on that they would rather sell the more profitable cars. And why wouldn't they?

[@jeffreyblanton9877]

I would rather pay more for a new one than play the games with some of the shady dealers out there. I will say I have a Honda dealership in my local area that is easy to deal with but this is few and far between. The Tesla buying experience is the best I’ve ever experienced shopping for a car.

[@KaceyGreen]

What website was that that had all those listings? My wife and I are seriously looking at refreshing our Model X P100D with the unlimited Supercharging offer.

[@KaceyGreen]

To clarify the one with the new cars at the beginning of the video

[@KaceyGreen]

Ah there it is thank you

[@rosco92088]

I would honestly just purchase from Tesla. Forget the other stealerships.

[@zoobrizz]

So. Range anxiety + rapid depreciation < Hybrid ❤️. 👍

[@azorglub]

Thanks Dave. We have a 2019 X LR with free supercharging. We were thinking of upgrading to a new X to transfer free SC this quarter. However, the value of pre refresh X has tanked badly. And to your point, there are very few used refreshed X, probably because most owners are way under water and can't afford to sell them at a huge loss.

[@yolanda4731]

I ordered my MX the day after the earnings call to transfer my FSD from my LR 2020 MX. I didn’t have the painful wait you’re having - picked up exactly what I wanted in 8 days. But - I paid over 10k more for it 😅. Still worth it! In LOVE with it. Road-tripping beast!

[@Anthony__420]

Hey Dave I just ordered an Ultra Red 5 seater too. Took a demo home last weekend and was sold. Trading in a 2018 Rear wheel drive M3 mine says between December and January. I’m paying cash ! Geez Dave I figured you as a high roller and you’d pay cash too. They had me estimate on my trade 20,300. It has 66k miles and EAP

[@ArnoldWinters]

Dave said he was financing his X.

[@ariip]

In our case I do not think it was a mistake. We just got a 2020 model x with 50k miles on it used. Ours is a 7 seater and also the performance which is the predecessor to the plaid with the 2 motors. It is only a few 10ths of a second slower than the plaid. It is the next generation of the p100d then just did not use the battery nomenclature any more. It also came with powder coated black rims which are the 20in standard rims. I would never use the lower profile wheels. Black interior which we prefer and the wood trim. We paid 58,900. We got ours in NJ at J&S Autohaus. They had a lot of used teslas and they also had a couple rivian R1s which were clearly new. I prefer having the stalks since we have a 2018 model 3 lr awd so going from one car to another would be a real pain. I would not want the yoke either. So having the 7 seater on a new one would have been more and we have what is nearly plaid performance for 60k. Over a second faster than the base.

[@scarab944]

I'm in New England and see a lot of listings for J&S Autohaus in my searches. Were they good to deal with?

[@ianbladuell2694]

That interest rate, low trade in offer is a recipe for a bad deal. Dont let Tesla screw you like that.

[@user-oo3uj5ku9r]

6.49% on a 50k car note. 😮😅😢

[@prostytroll]

It is scary what kind of people are all around us...

[@saul_bloom]

22" wheels are absurd. All negatives. The year-end sales should be great. So many scam artists out there. Be careful everybody.

[@robo.1260]

I ordered my Blue model X on Sep 9. My current EDD is Nov 11-Dec 16. Hoping the date doesn't slip any further.

[@mikecoffeen7991]

We used to joke that red cars were ticket magnets...

[@RT-zg9qi]

Never trade in a tesla to Tesla. They are going to be the lowest by far for trade value.

[@zoobrizz]

Yes. Range anxiety + rapid depreciation < Hybrid ❤️. 👍

[@tazeat]

Depends on the state, with no other sellers of new Teslas its the only way to get the sales tax difference, worth 10% here :-/

[@walterpena2430]

I’m from the area,21 Century on Springfield nj on route 22 East,it is a scam,I know this dealer from a long time,you go there and is 8k and 10 k more than the advertising price,don’t believe those advertisements

[@jeremyhall7992]

The used S’s are the ones that are dropping hard

[@N2tech]

Tesla has the worst resell value unless you're Tesla. Unless you have money to burn or can use the tax credit never buy new. FSD has no value to Tesla but they tell you it's included in the trade in offer which would mean the car is almost worthless to them.

[@saul_bloom]

IMHO, at $90k there's no value in any Tesla model. Prices must still come down. Or quality/luxury will have to go up a lot.

[@doomsday9973]

Agreed

[@techyjames1945]

Depends on the vehicle, Cyber Truck Tri-Motor will likely be close to 90k.

[@MasterJjt242]

If you are a speed demon the S Plaid is decent value I'd day. I'm seeing 200 mile demo cars for $91k. To get that kind of performance elsewhere you are well, well into the 6 figures.

[@srl0003]

100%

[@junehanzawa5165]

The Tesla model 3 standard range (270 miles) being close to $30,000 after the federal rebate, and lower on progressives that have their own incentives (in NJ, for example, you can get it for $26,000 and no sales tax on it after their added rebate) is by far the best value of ANY car right now, when you factor in having your own "gas station" at home with dirt cheap electricity overnight rates. Or totally free if you have solar. There's no other car that even comes close to that in value. Not when you factor in the vast and fast Tesla supercharger network and the Model 3 having super fast charging speeds, in contrast to the Bolt's super slow 55kw max charging rate. And forget about any ICE vehicle that forces you to go to a gas station and pay those sky high prices that only go up and up with time. For example, I'm in Arizona right now on a trip and have rented a Model 3, and the average gas price here is around $4.50 for REGULAR (just imagine premium), while on some Superchargers we have paid as low as 13 cents per kilowatt after 10PM. While others are as low as 21 cents before 12PM. (12PM to 7PM are the hours with the highest prices here, even though you still pay only 31 cents per kilowatt on many superchargers). The most we have paid in $10.03 for a "fill up." Try that with a gas gar and see how far it gets you.

[@mrjomaled755]

even if I buy a used model X (which we are seriously considering) I would still buy it from Tesla.

[@craighermle7727]

Not that it matters, but unlike the $100 reservation fee for the CT, the $250 order fee is not refundable. If, for whatever reason, one decided that a Tesla is ins't going to work, and you cancel the order anytme after yoi hit the order button, Tesla keeps the $250, It's not the money, it's the principal of what they're doing. If Tesla was keeping anything, I would have throught that the $100 reservations for CT would be non refunable. I also found that the accident reports in Carfax are quesitonable; I'll leave it at that. At tome point, I'll have a Tesla but it makes no sense, to me, to buy a used Tesla. If I'm buying a "tech" car, I want the latest teck capable. If the stock keeps taking though, I may be on a street corner saying I'll work for kilowatts

[@BillB33525]

Used car dealers still think a Tesla appreciates in value! A new vehicle w/$7500 tax credit is the one to get.

[@loualiberti4781]

The trade in value is only good for 30 days because the value of Teslas is falling like a rock.

[@mahdielectrified]

Have you thought about depreciation, unfortunately EV's are depreciating way faster than ICE cars. Just wait for your order would be a right decision and take delivery in January if possible as you can get $7500 upfront cash under the hood...

[@laloajuria4678]

he hides depreciation on every car since he flips them so often for "business".

[@Michael-db4sn]

​@@laloajuria4678everyone does the for business depreciation. Basic taxes

[@Marvelofebikes]

It’s not bait and switch, it’s called FRAUD

[@rwjr1944]

Been this way forever.

[@RT-zg9qi]

31k is the most you will get for your model 3

[@KaiPonte]

Wow, can you people adopt me? Paying $80,000 for a car is insane!

[@oos232]

2023 Model X is my 2nd and last expensive Tesla. The quality of the car is extremely poor. Tesla never learned how to make high-quality and expensive cars. I also wanted to buy a Model S, but I won't do it.

[@damietochenilogbbe4203]

Jajajaja I’m waiting too ,,,

[@IanMacKinnon-o8s]

Dave, I think you are making a big mistake getting the X based on wanting that NACS plug. I think it is a backward step. It sounds like you are selling it to yourself and ultimately won't be happy. It helps that you change your cars like some change their socks, so either way you likely will not keep it for long.

[@Annette_Hons]

As of January 1 2024 the $7500 “tax credit” is gone and the $7500 credit is given at point of sale.

[@djohnson2369]

21 Century Auto... Don't do it! Scammers

[@richardrhodes-gc2ko]

Baffle you with @$#%,Sounds like Legacy Tactics.Shame on Tesla For Stooping So LOW!

[@gregorysims3697]

If you know anybody who is patient while waiting for their new Tesla I want to meet them! 🫤 If it comes with the front bumper camera that may really be worth the wait as that could open up all kinds of new possibilities. I'm not so thrilled about the additional ambient lighting.