What To Buy: New Or Used Tesla Model X?

NOV 6 2018 BY STEVEN LOVEDAY 11

While the Model X is the most expensive vehicle Tesla makes, it’s surely the most practical for families. Should you consider buying one used?

As our monthly EV sales scorecard indicates, the Tesla Model X is increasingly popular in the U.S. and has even outsold the Model S at times based on our estimates. This makes perfect sense since SUVs are highly sought-after on our shores. However, at first, the Model X didn’t seem to really catch on as some had expected. Now that more people are aware of the Tesla brand due to the huge success of the Model 3, the automaker’s vehicles are getting plenty of new eyes … and buyers. We can’t even fathom what success the Tesla Model Y will bring.

Our good friend, Model S Owner Sean Mitchell shares that he’s had a Tesla Model 3 reservation since the beginning, but he still hasn’t pulled the trigger. Like most of us, he has to assess the situation and get his ducks in a row to commit to such a large investment. While he’s still considering a Model 3, he’s also realized that the Model X will probably be much more practical for his family and his business over the long term. However, the price bump from a Model 3 to a Model X is exorbitant. So, Sean has been crunching the numbers and looking at the pros and cons of purchasing a used Model X versus a new one.

Sean wants a Model X 100D, but there are few in the used market, so he’ll settle for a 90D if he decides to go used. He configures a new Model X 100D just the way he’d want it and it comes in at a whopping $111,050. However, with the tax credits he’d enjoy, he could get the price down to $76,800 (more details in the video). Surprisingly, of the few used Model X crossovers Sean has found, the price would also be about $76,000. There are other variables involved as well, like free Supercharging, interest rates, warranty, etc.

Check out the video for all the details and then share your thoughts with us in the comment section below.

Video Description via Sean Mitchell on YouTube:

Model X: Should you buy new or used?

TESLA MODEL X

Tesla Model X at Supercharger
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11 Comments on "What To Buy: New Or Used Tesla Model X?"

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Spoonman.

Consider the Pacifica PHEV if you’re looking at this and can’t afford a Model X. Incredibly comfortable, decent EV range, OK MPGe on electricity (better than the I-Pace…), and tens of thousands of dollars cheaper.

Lawrence

The Model S is plenty fine for a family of four. That’s what we are and the X has never had more utility for me than an S. For a family of five or more, you’re right, a Pacifica beats out the X because of the ease of entry and comfort in the third row. Which would recur every time you need to get in and out of the car.

Will

Just waiting for one to drop to $56k. See if my BF will get it since he likes the X

Joel B

I wish I could afford even a used Model X. Up here in Canada, I have yet to see one fall below $80,000 (CAD). Most are still selling > $100,000.

Mark.ca

I will buy new when the price drops to about $40k.

Joe Martin

I speculate that both new and used X and S models should be much less expensive after the major 2021 redesign. Presumably Tesla will have learned a lot about how to efficiently manufacture EVs after the Model 3/Y ramps, and module costs will be down 30%+ by then. I can’t see Tesla pushing the Model S/X interior and options to BMW 700 series levels, so assuming they keep margins about the same the MSRP should decrease significantly. I’m going to keep rocking my used Toyota Sienna until an EV AWD SUV/Van/Truck that can seat three full grown kids comfortably is released. Maybe it’ll be the Model Y if the back seat is big enough. If money were no object I’d already have a Model X.

Steven Brown

“If money were no object”…with that said, I’d have one too! 🙂

Marcus Heggus

Maybe buying the Model X with the second worst reliability based on Consumer Reports isn’t a good idea in the first place.

Andy

Like many high end vehicles with lots of gadgets and things like air suspension, they end up being money pits. Just as it takes a brave (or foolish) person to buy a used Range Rover it should take a brave or foolish person to buy a Model X out of warranty.

Re-Volted

Awesome car but any of us worried about the price are NOT paying $75,000 for a used car. Nice try but no. How about leasing Tesla?
My only hope.

JMB

After a 4-day test drive in Model X (loaner while our Mod S was in for repairs), we did it..purchased 7-seater P90D 2016 $70,200 37K miles original cost $135,200 with delivery at Marina del Ray TSLA delivery center. Trading in the 2014 Mod S 85, and canceling my $1,000 reservation (and it was returned in one day). I hope it has the battery.