Tesla Launches Certified Pre-Owned Program

APR 25 2015 BY MIKE ANTHONY 41

Tesla Model S CPO Program.

Tesla Model S CPO Program.

This just in! Tesla Motors officially launches Certified Pre-Owned (CPO) program on its website!

Every CPO Model S comes with the remainder of the battery pack & drive unit warranty, and a 4 year / 50,000 mile limited warranty.

You can filter the results to find the right CPO Model S for you.  You can search by location, battery pack version, & color(s).

As KmanAuto has shown, lots of Model S EVs are being traded in for the newest versions of the electric Tesla, so surely there are more than enough used examples to go around.

Using the Chicago location, let’s check some CPO Model S EVs out:

When you click on one of the CPO Model S', it shows the website-rendered photos of what it the unit looks like...

When you click on one of the CPO Model S’, it shows the battery pack version, year, odometer, VIN, & price…

Along w/ many pictures, it shows the list of featues, VIN, odometer,

It also shows many website-rendered photos of what the unit represents. It also shows some info on the battery pack version and the list of features it has.

Buying a CPO Model S requires a $1,000 deposit. Other then the money-saving aspect, the other benefit of going CPO is that you will not have to wait to get a Model S.

This CPO tab updates very rapidly. The current locations include: Atlanta, Chicago, Cleveland, Denver, Florida, Hawaii, Los Angeles, New York, San Francisco Bay Area, Seattle, & Washington DC.

We suspect these units will move relatively quick, so if you are in the market for a CPO Model S, then click here to be directed to the CPO tab, where you can see what is available near you.

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41 Comments on "Tesla Launches Certified Pre-Owned Program"

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Doh!

I saw that last night as well. Then a message and cartoon o gram popped up and said “Tesla has been hacked”. Will try again later this weekend.

Will these sales go as units sold in a given month like new models?

I don’t know that Tesla has specifically addressed this, but why should they need to? Other auto makers have CPO programs, don’t they? No auto maker lumps sales of used cars in with their new car sales.

Other car manufacturers don’t CPO direct to customers. The Dealers do the CPO sales.

CPO sales will have to appear somewhere in Tesla’s bookkeeping, but they won’t be counted in their new car manufacturing numbers.

Other auto makers don’t sell new cars to the public, either. They sell cars to the dealers, who in turn sell them to the public.

If my understanding is correct, that’s even true for special orders made online. For example, in the early days of Nissan selling the Leaf, they were all ordered online. But when it came to taking delivery, the customer was always asked which Nissan dealer he wanted to handle the sale.

Also will the new owners of these CPO cars have to pay 2k to use the super charger network?

Nope the $2000 we have paid is for the life of the car.

All CPO Tesla’s will have Supercharger access, even if the previous owner of a 60 didn’t pay to activate it. Tesla activates it as part of the CPO program.

These are used sales. The supercharger fees were paid for when they supercharger option was purchased on the new car.

Seems like a tough market to enter. With a new P70 costing out at $70k after the fed rebate, where is the upside of this program?

I’d say these are priced 5-10% too high

The prices are pretty good compared to used on cars.com. I think Tesla also gives a fresh 6 year 100k mile bumper to bumper warranty on the CPOs.

As limited as the inventory is, I am sure they will sell them.

Never mind about the warranty info I said. The article says otherwise.

I had read different on the forums a few weeks ago.

I’d say They R priced 50% too high

They are priced high but you can’t blame Tesla for making a little extra money doing their inspection and giving a little more warranty(?). Actually, I don’t quite understand that warranty situation. I guess the original warranty continues and they add a bit of a limited warranty?

I’d like to see more of them on the direct used market though. At these prices, they are only VERY slightly below the price of a 70D after the fed & state incentives.

D Models make this prudent.

Also, Model X…

Psst, Tesla: When we getting more Model X news???

As the Joker would say, “Why soooo sssssecret”?

lol i’ll take a RWD over an AWD. There will literally be no difference where im at

AWD provides superior traction in temperate as well as inclement weather.

Tesla AWD also provides superior efficiency at highway speeds where it really matters because range in city driving for any Tesla is way past the need of almost everybody.

Dr. Miguelito Loveless

The site has been hacked. Very embarrasing for Tesla. They have a picture of Osama bin Laden driving a Tesla.

Even Osama knows ICE is dead….

Technically not Tesla’s site, but the DNS service they use. teslamotors.com is being redirected to a different IP in the netherlands hosting that webpage.

Tesla’s site doesn’t appear to have been compromised since I was able to visit it by directly entering the IP address(although they have taken it down temporarily).

The same kind of attack was used on Twitter.com and NYTimes.com. If you look at the comments in the youtube video that the hacked page is showing, it shows that the same video was used in an attack on Google Vietnam’s site.

Still probably not a good idea to sent them info/email right now as the domain is still controlled/redirecting at the moment, and the hack is clearly controlling the MX records to do things like scoop the incoming emails and then reset the Twitter accounts (which obv didn’t have the mobile back-up enabled) and who knows what else.

Update: As of 10:24 (eastern), Tesla has restored/regained control of their DNS and the website appears to be “business as usual” again.

(but I’d still not send them any emails/info today, lol)

Right. That’s very likely how they stole the twitter accounts. However, given that all the Tesla twitter accounts (including Elon’s) is likely managed by multiple people, it’s unlikely that phone based two factor authentication is viable for them.

64k for a P85?

Well damn

It seems that only P85’s are priced reasonably, regular 60’s and 85’s seem to be 10k too high, but I guess they can price them any way they want, as long as they sell them…

IIRC, you can’t get the federal tax credit when you buy used, and I know you can’t get the California 2.5K rebate or the local 3K rebate where I live. That means the CPO P85 listed at 65K would actually have a net cost higher than if I bought a new P70.

+1

P70? u meant 70D. 64k for a P85 seems reasonable.

you have to factor in options also. I’m not sure too many people will buy cars this expensive without any options at all.

Great to see Tesla get a new income stream!

Those of us closely following the story of Tesla Motors already knew that used Tesla Model S’s are going for a significantly greater fraction of new car price than is normal for used cars. This is one indicator that demand for the Model S continues to outstrip supply.

GO TESLA!

As Josh notes, these prices really undercut the other used Teslas out there on Autotrader, etc, which is nice for those of us considering a used Model S. The P85s in particular are a great deal.

It looks like the cheapest P85’s are the ones with the “A” version packs that are limited to charging at 90 kW at superchargers:

http://www.teslarati.com/decoding-tesla-battery-pack-version/

The prices seem exactly right for “A” battery versions, “B” battery versions, and “D” battery versions that all charge at different rates on the newest, most powerful 135 kW superchargers.

The Teslarati link doesn’t list VINs having the A-pack, and they’re early. B-battery, and other changes, like power folding mirrors, parking sensors, the sub-frame/arms firm up, and stuff I am sure I’m missing, were all baked in by the Q3 2013, and onward cars. I think that was right near the 2X,XXX mark, for VINs. Actually, the A-packs were left behind much sooner, I think.

I don’t think A-pack is that big a deal. It may be an extra ~10 minutes for full supercharging. Worth sig red, if that’s what it comes down to.

Good news. A new price point, and more Teslas on the roads!

There aren’t specific VIN cut-off points, but some owners have posted their batteries here:

http://www.teslamotorsclub.com/showwiki.php?title=Battery+table

But some of the cheaper P85’s are 2012’s with low VIN numbers, that most certainly have the “A” batteries, like this one in Chicago which looks like a VIN number of 00078:

85 kWh Signature Performance Model S
2012 33,013 miles S00078
$63,400

Or this one in Washington also with what appears to be a very early VIN of 01350:

85 kWh Performance Model S
2012 30,601 miles P01350
$62,900

It certainly isn’t the kiss of death for these cars, but some buyers who care about these things will prefer cars with “B” batteries, or newer that will charge at the higher rates. That affects the value in the market place.

For folks like you who don’t care about slightly slower charging rates, it makes these cars a pretty good buy. Personally, I would be perfectly happy with one of these “A” battery cars, as long as I knew exactly what I was getting going into the purchase.

I had a newer S60 (P29874) that has the B battery, and I bought P01350. It does indeed have the A pack, but coming from a 60kWh B pack it was still an upgrade for me. Even though it’s an A, it will still supercharge faster than the 60kWh B. An older 85kWh A pack on a CPO is a good upgrade option for 60kWh owners, for a much lower price than going new.

The Florida list has no bargains.

The prices actually aren’t that attractive. I’d still have to pay tax on the used cars but I wouldn’t get the $7500 Federal Credit or the $2500 State credit. So compared to a new 70D at $75000 (effectively $65,000) after those credits, why would I buy a used 85 model with 25k miles on it for the same price?

You have to consider options, but yes, this is exactly how the used Tesla market is right now. This is true whether you look at CPO cars, private sales, cars at other dealerships, etc. Buying new usually makes more sense. But you can’t just walk up to a dealership and pick up a new one, and the demand for Tesla’s are strong…

I get that but if I go to their site now and build a 70D, it says “delivered in June” that’s not much of a wait.

I assume the reason that these cars are back on the market so soon (in contrast there have been relatively few ‘certified roadsters’) is that people who were under the impression they could afford them, couldn’t.