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Hoovie's Tesla (ND)

Posted: Sat May 26, 2018 6:52 am
by Simon
So, he bought a 2012 Model S 85 with just over 100,000 miles



Just 3 ($1,000) door handles a $4,000 touch screen and 2 drive motors later! Seriously? Imagine any other manufacturer\s car that was on it's third powertrain in just 100,000 miles and it'd be all over the internet.

Re: Hoovie's Tesla (ND)

Posted: Sat May 26, 2018 6:53 am
by Rich B
Is Hoovie someone we should be aware of?

Re: Hoovie's Tesla (ND)

Posted: Sat May 26, 2018 7:08 am
by Simon
I thought he was well enough known in these parts - I found out about him on the evo forum!

He works for Autotrader USA and seems to always buy 'the cheapest example of any car in the country'. Quite interesting to watch if you can tolerate his accent.

Re: Hoovie's Tesla (ND)

Posted: Sat May 26, 2018 10:07 am
by integrale_evo
How much is a new motor?

£500 every 50k wouldn't be too bad, £10k would be less tolerable!

Re: Hoovie's Tesla (ND)

Posted: Sat May 26, 2018 6:16 pm
by GG.
I think I originally posted about him back when he was on about video 10. He varies between interesting and waxing lyrical about dull as anything americana I'm truly indifferent to.

That Tesla looks interesting. What are the residuals going to be like when its out of drivetrain warranty? $1,000 door handles that break, motors that burn out, screens that die and dated 3G tech.... hmmm.

Re: Hoovie's Tesla (ND)

Posted: Sun May 27, 2018 8:15 am
by Mr Pish
GG. wrote: Sat May 26, 2018 6:16 pm I think I originally posted about him back when he was on about video 10. He varies between interesting and waxing lyrical about dull as anything americana I'm truly indifferent to.

That Tesla looks interesting. What are the residuals going to be like when its out of drivetrain warranty? $1,000 door handles that break, motors that burn out, screens that die and dated 3G tech.... hmmm.
a lot of vids on tesla trying to keep total control of parts supply, repairs and warranty work on youtube, in the same vein as apple. its morally despicable imo

you certainly get the impression that many owners have been beta testers, quality and reliability has defiantly improved over the years

one here for 35k, hmmmm

https://www.kempshottcars.co.uk/used-ca ... 2182134605

Re: Hoovie's Tesla (ND)

Posted: Sun May 27, 2018 4:35 pm
by GG.
Hmm - that or a Maser GT with 1/4 of the miles :D

https://www.autotrader.co.uk/classified ... 0qw&page=1

It genuinely gives me the LOLZ how undesirable these are to me compared to conventional options. I guess if you're desperate to kid yourself that you're CO2 neutral and own a collection of "this is what a feminist looks like" t-shirts then maybe it would be different ;)

I'd be interested to do a 2 year test on that Maserati versus the Tesla if you did 10,000 miles a year. Maserati is £1000 a year in servicing plus the road tax and obviously fuel but what will residuals be on a near 100,000 mile Tesla versus a 44,0000 mile Maserati that's already much further down the depreciation curve?

I'd guess you'd lose a chunk more on on the Musk-mobile which probably wipes out the majority of any fuel and or tax saving - dare say it would be close but when you factor the feel-good of driving a GT around versus the Tesla then there's no real comparison - fewer miles you do the more it becomes a no brainer against the Tesla as fuel drops out of the equation. Non-scheduled servicing costs would be interesting. Italian versus yankee engineering :lol:

I suppose that third seat in the back has a certain utility if you have three kids, but I'm not giving the Tesla any credit for being a '7 seater' with those two jump seats in the boot. Not unless you're willing to run the risk of your kids faces being decorated with glass and/or having their legs crushed should anyone rear end you. Not something I'd want to do as more than a one off.

Re: Hoovie's Tesla (ND)

Posted: Sun May 27, 2018 10:53 pm
by simon_g
Been watching the bottom of the UK Tesla market for a while - there's a handy website for it. Was seriously considering spending £35k on a Model S for a while but the cheap GTE lease came along and the sheer size of a MS put me off a bit (almost as long as an S-class and a bit wider). Hoovie's one is cheaper still but they do have a couple of extra years of production and people do bigger distances. It's certainly fair that the Model S has improved massively over the years as they figured out how to build them properly. James Cooke on youtube runs an early UK Model S (now with about 90k on it) and I think he's had one door handle fail and a TPMS ECU die that cost about £500 to replace.

For 10k/year: the Maserati would be £3k or so just in fuel (assuming you manage the stated average mpg), assuming you only charge the Tesla at home it'd be around 2500kWh, so £300 on my tariff. Maserati £555 tax, Tesla £0. Servicing on Tesla is mostly inspection (although it includes things like wheel alignment that you wouldn't usually get) and averages out at £600/year. If you stay on that then extended warranty is about a grand a year. Tyres probably pretty similar.

So Tesla would be over £3500/year up before any depreciation, warranty or extra maintenance costs.

Incredibly few have ever been advertised under £35k. Obviously that will have to come down at some point but it's held firm around there for ages now. You can't buy a >200mile EV for less - will be interesting to see how much they soften as more affordable longer-range EVs hit the market in the next year or two.

Re: Hoovie's Tesla (ND)

Posted: Tue May 29, 2018 10:33 am
by GG.
simon_g wrote: Sun May 27, 2018 10:53 pm So Tesla would be over £3500/year up before any depreciation, warranty or extra maintenance costs.
This was my point! A 95,000 mile Tesla is not likely to be £34,800. I would've thought closer to 30k which halves (or more) your deficit to the Maserati. I don't think the Maserati is going far south of £34,000 even at 44,000 miles. If you reduce the mileage to 5,000 and eliminate more of your variable cost then it would be even closer. Plus then there's the point around a high miler being more likely for stuff to go wrong.

Obviously what you're saying may be true that the Tesla's value will be stickier than it should be due to limited supply, but if someone pays £35k for an S with 95,000 miles on it rather than £38k for one with 35,000 miles on it then Tesla owners are even more stupid than I've given them credit for.

Re: Hoovie's Tesla (ND)

Posted: Tue May 29, 2018 11:56 am
by simon_g
You can buy a 4200 or Quattroporte from £11k - you don't think the GT is going to keep on sliding down to that?

As I say, used Tesla prices are a bit odd, there's a definite floor they're not going through just yet - but then not many early/cheap cars coming through for sale either. There's also the effect of Telsa's own stock getting a fresh 4 year / 50k mile factory warranty put on them which must make it harder for other sellers to shift them. You'd think it would push prices down but some people seem willing to sit on stock for months without budging.

Re: Hoovie's Tesla (ND)

Posted: Tue May 29, 2018 12:01 pm
by simon_g
...aaand now I'm looking at £11k Quattroportes and wondering ruinous that might be.

Re: Hoovie's Tesla (ND)

Posted: Tue May 29, 2018 12:19 pm
by GG.
Good point re the Quattroportes but no, I don't think the GT will slide that low. Saloons always depreciate more rapidly than coupes on the whole.

Plus the QP had a few particular quirks in the early models that will put people off such as the clunky automated manual, torque light 4.2 engine (rectified by the later 4.7 - that GT at £34k was a 4.7 too) and less than perfect styling on the pre-facelifts.

Didn't Bryn have one and was unimpressed? Something like this looks good value at £23k though - facelift, autobox, 4.7l 33k miles: https://www.autotrader.co.uk/classified ... 4.5&page=1