“Tesla’s Model S takes on average 87 days to sell after being listed and the sale price was on average 3 to 5% closer to the list price than most other vehicles.
What is interesting here is that they can not only look at the same segment, like with retained value in the previous study, but also at less expensive vehicles and see just how quick Tesla vehicles move off the lots.
For the study, Alex Klein, VP of Data Science at Autolist, analyzed data from over 10 million vehicles and came to the conclusion that the Model S outperforms even the top performing GM and Ford vehicles.”
One of our cars is crawling along these days and though we we’re not excited about buying another vehicle, we are excited about what type of vehicle it will be. Yes, you guessed it, an electric! After years of researching, a few drives here and there, and much advocacy, we’re planning to dive in head first.
Since we haven’t bought a car in years, there’s a lot of ground to cover. And adding in the electric vehicle (EV) component arguably compounds the legwork required to make sure we getting a good deal and minimizing obsolescence. The search got underway in Albany, NY when I drove a Nissan Leaf. In short, I was really impressed with how it handled. It felt like a solid car without all the noise and rumbling of a combustible engine — something you have to experience to appreciate. We’ve been looking for a used one in Upstate NY but not seeing too much inventory. I’ll have more updates soon.
The Chevy Volt is still outselling other EVs, even Tesla’s Model S. It’ll be interesting to see how battery technology accelerates and how it impacts pricing.
“investment pundits think that Tesla Motors is on the verge of achieving something big: A battery cheap enough to make electric vehicles cost-competitive with conventional cars..Motley Fool is reporting that the company is on the right track towards developing a battery that costs only $100 per kilowatt-hour — a cost widely believed to be the threshold where electric vehicles can finally be cost-competitive.”
And besides the obvious price difference, Nissan doesn’t have limits on distribution, something Tesla’s fighting in several states.
Give it a few years and we’ll be laughing even harder at the Lexus ad below.
The Tesla Model S had a range of 205 miles in one of the coldest environments on Earth. Range anxiety is slowly fading.
“Global CO2 emissions from the transport sector are projected to increase nearly 50% by 2030 – with profound environmental, economic and social consequences – unless dramatic changes are adopted.”