Teslas are fast becoming one of the most popular vehicle choices, particularly in the Lone Star state. But buying a new car is not always the most economical decision as new vehicles tend to depreciate immediately in the marketplace. Not to mention the fact that new cars generally have high repair costs.
But which one is better when talking about buying used vs. new Tesla cars?
There are many reasons why buyers consider purchasing a new or used vehicle. Perhaps you are interested in driving a car that is low maintenance and affordable. Or maybe, you like the appearance of a new model or a particular make and model. Whatever your reasons are, there are a few tips you should be aware of before you make a purchase.
Fewer Tesla Vehicles Are Being Offered In The Used Car Market
The first thing you’ll notice is that there are few Tesla cars showing up in the used car market today. Even so, the brand is exceptionally good at maintaining their car’s resale value. In fact, this fact is backed up by a 2018 study indicating that the value of the Model S is far better compared to other car brands, even after 50,000 miles of usage. And what’s even more interesting is the fact that the value of the Model 3 can retain 90% of its original value after 3 years – which is better compared to most vehicles whether is gas-powered or EV.
Now this may sound like music to your ears, especially if you’re considering buying an environment-friendly car from a reputable used Tesla dealer in Houston, TX. But allow us to tackle the perks of buying a new Tesla car in the following section.
What Is The Advantage Of Buying A Brand New Tesla Car
Sure, you can always buy a used Tesla Model S within the $30,000 range, but you are purchasing a used car with many miles. But having a used Tesla car repaired can be pricey since their warranty already runs out. In short, your $30,000 Tesla can’t be easily repaired if it breaks, but a $75,000 car will since they are covered with a warranty.
Aside from that, newer models of the brand are praised by car experts because of their fit-and-finish soundness and well-known dependability. So it can be expected that some people will prefer buying a new Tesla Model Y or 3 than spending their money on a used 5-year old Model S.
The Bottom Line
It’s no secret that the Tesla brand of Elon Musk has won over greenies and techies consumers long ago, so it’s easy to deduce why many people will prefer buying Tesla cars. But when it comes to buying an old or new Tesla vehicle, it all boils down to many factors such as the budget, personal preference, current condition of the vehicle, etc.
Whatever your decision is, you know you can’t go wrong by choosing Tesla, because it’s a brand that has long been associated with efficiency and reliability.
You can check out Ultimate Motorsport’s website today if you’re interested in buying used luxury cars in Houston.