Buying a used Tesla can be an exciting yet challenging experience. With the rise in popularity of electric vehicles, Teslas stand out due to their advanced technology, performance, and eco-friendliness. However, purchasing a used Tesla requires careful consideration of several factors to ensure you get the best value for your money. Let's look at the key things you should be on the lookout for when buying a used Tesla!
Checking the battery health is crucial when buying a used Tesla since the battery is the most expensive component. The Tessie app can help determine battery degradation. An electric vehicle’s battery capacity diminishes slightly with use. That means less driving range over time. Tesla claims its batteries degrade on average just 12% after 200,000 miles.
The status of the vehicle's warranty is important. Tesla's new vehicle limited warranty is transferable, and the battery warranty lasts for 8 years or 100,000 miles. It is advisable to buy directly from Tesla to enjoy extra warranty coverage and get a vehicle that has passed a 108-point inspection.
Ensuring the battery is in good condition should be a top priority when purchasing a used Tesla.
When considering a used Tesla, it's crucial to evaluate the vehicle's history to ensure you're making a sound investment. Obtaining the vehicle's VIN and checking its accident history using an online vehicle history reporting tool like Carfax can help you avoid unwanted surprises. Additionally, reviewing the service records is extremely important when shopping for a used car. In this regard, shopping for a used Tesla is very much the same as shopping for any other vehicle.
A thorough history check can reveal potential issues that might not be immediately visible during a physical inspection.
A vital step in evaluating a used Tesla is to check its accident history. When a vehicle is in an accident, especially a significant collision, the car might never function properly again. Look for any telltale signs of accidents, like bodywork, misaligned panels, and any visible damage. After a visual inspection of the vehicle's exterior, you can use a small mirror to inspect the underside of the vehicle for any noticeable oil leaks.
Service records provide insight into how well the previous owner maintained the vehicle. Regular maintenance is key to the longevity of any car, including Teslas. Check for records of routine services such as tire rotations, brake inspections, and software updates. These records can also indicate if any major repairs were needed, which might be a red flag.
Understanding the previous ownership of the vehicle can give you a better idea of its overall condition. Was the car a daily driver, or was it used sparingly? Multiple previous owners might indicate potential issues or a lack of consistent maintenance. On the other hand, a single owner who took good care of the car can be a positive sign.
When visually inspecting a vehicle, you can start from the outside and look for any telltale signs of accidents, like bodywork, misaligned panels, and any visible damage. After a visual inspection of the vehicle's exterior, you can use a small mirror to inspect the underside of the vehicle for any noticeable oil leaks.
Inside the vehicle is the same story. You should look out for any obvious signs of neglect, such as torn seats and stains on the roof trim. Also, be sure to check that basic components like the turn signals, headlights, and wipers are functioning correctly. It's also important to see if the infotainment screen is working, as well as the door locks.
A thorough inspection of both the exterior and interior can save you from future headaches and unexpected repair costs.
When buying a used Tesla, it's crucial to check the current software version installed on the vehicle. Tesla vehicles receive over-the-air software updates, which can include new features, improvements, and important security patches. Ensuring the car has the latest software can enhance your driving experience and safety.
Tesla's Autopilot comes in different versions, each offering a unique set of features. Here are the main versions you might encounter:
Tesla vehicles are unique in that they can receive continuous improvements through over-the-air software updates. These updates can enhance existing features, add new functionalities, and improve the overall performance of the vehicle. Keeping your software up-to-date is essential for maintaining the vehicle's value and ensuring you have the latest safety features.
As these self-driving features evolve, your vehicle will be continuously upgraded through over-the-air software updates.
The long-term maintenance costs for a used Tesla may be lower compared to traditional internal combustion engine vehicles, mainly due to fewer moving parts and less need for regular servicing. However, potential costs can arise from battery replacement or repairs to the advanced electronic systems. The costs can vary depending on the vehicle’s age, model, and overall condition.
The biggest thing to watch out for is the health of the battery, because the cost of replacing a Tesla battery may be a deal-breaker.
When considering the total cost of owning a Tesla, including taxes, insurance is a significant factor. Insurance premiums for Teslas can be higher than for other vehicles due to the cost of repairs and the advanced technology involved. It's essential to shop around and compare insurance quotes to find the best deal.
While Teslas generally require less maintenance, repairs can be costly when they do occur. These include depreciation, taxes and fees, financing, fuel, insurance, repairs, and maintenance. Advanced electronic systems and specialized parts can lead to higher repair bills. It's advisable to set aside a budget for unexpected repairs to avoid any financial surprises.
When considering a used Tesla, understanding the available charging options and infrastructure is crucial. Free charging for your EV can save you a lot of money, so making sure that the one you're purchasing has this perk is very important.
Test-driving the Tesla you're thinking of purchasing is non-negotiable (unless you're buying directly from Tesla). During the test drive, you'll be able to verify that the vehicle is properly aligned and be on the lookout for any suspension noises that might indicate the upper control arms are damaged.
When evaluating the driving performance, pay attention to the responsiveness of the electric powertrain. Ensure the acceleration is smooth and there are no unusual lags. Also, check the regenerative braking system to see if it functions correctly.
Listen carefully for any unusual noises during the test drive. This includes sounds from the suspension, electric motor, and any rattling inside the cabin. Unusual noises can be a sign of underlying issues that may require costly repairs.
Buying used Tesla can be a little overwhelming trying to remember everything to look for before driving off in your new (used) ride. This checklist is for you to bring with you so you don’t miss a thing!
Purchasing a used Tesla can be a rewarding experience if you know what to look for and take the necessary precautions. From checking the battery health to inspecting the vehicle's history and service records, each step is crucial in ensuring you get a reliable and well-maintained car. The market for used Teslas is currently favorable, with significant price drops making these high-tech vehicles more accessible than ever. However, the process is more involved compared to buying a traditional gas-powered car, so it's essential to do thorough research and follow expert advice. By taking these steps, you can confidently navigate the used Tesla market and find a vehicle that meets your needs and expectations.
You can check the battery health of a used Tesla by reviewing the battery degradation data, which can be accessed through the vehicle's software. Additionally, a professional inspection can provide a detailed analysis of the battery's condition.
The battery warranty is important because it provides coverage for potential battery issues, ensuring that you won't have to bear the high cost of battery replacement or repairs within the warranty period.
You should check for accident history, review service records, and understand the previous ownership to ensure the vehicle has been well-maintained and hasn't been involved in significant accidents.
Check the software version installed on the vehicle and ensure it has received recent updates. You can also verify the functionality of autopilot features during a test drive.
Maintenance costs for a used Tesla can include routine services such as tire rotations, brake inspections, and software updates. It's also important to consider potential repair costs for out-of-warranty items.
A used Tesla can be charged using home charging solutions like a Tesla Wall Connector or standard outlet, as well as public charging networks such as Tesla Superchargers and other third-party charging stations.