Why You Shouldn't Buy a Brand New Tesla Model S: Save Big with These Alternatives

Hey everyone, DennisCW here! Today, I want to talk about why you might want to reconsider buying a brand new Tesla Model S. They’re undeniably amazing cars, but they come with a hefty price tag. Instead, let me show you some incredible deals on used or slightly older models that can save you a ton of money due to depreciation. Let’s dive into the details and explore your options!

The Shocking Depreciation of Tesla Model S

If you're in the market for a Tesla, you’ve probably noticed that the prices of used Model S vehicles have been dropping significantly. Take a look at this crazy deal I found: a 2022 Model S Long Range with just 41,000 miles on it, priced at only $36,499. This is the refreshed version with the horizontal screen, and it’s still well under the battery and drivetrain warranty. Plus, it comes with premium Arachnid rims (worth about $3,500) and a sleek gray exterior with a black interior. If this car has Full Self-Driving (FSD) capability, it’s an absolute steal!

To put this into perspective, a similar Model S sold for $117,000 just two years ago. That’s a massive depreciation hit, and it’s a clear sign that buying used can save you a fortune. According to CarGurus, 2022 Model S prices have dropped 30% year-over-year, and 2023 models are down 21%. These numbers are staggering and show just how much value you can get by opting for a pre-owned vehicle.

Why Skip the Brand New Model S?

There are several reasons why a brand new Model S might not be the best choice right now:

• Cost: Brand new Model S vehicles are expensive, and there are no special financing rates available at the moment to sweeten the deal.
• Depreciation: As I’ve shown, Tesla vehicles, especially the Model S, lose value quickly. Why take that initial hit when you can let someone else absorb it?
• Features: While the Model S and Model X come with unique features like steer-by-wire, a powered frunk, faster charging curves, auto-opening doors, and superior track performance, these aren’t enough to justify the price difference for most buyers. Tesla focuses more on volume with the Model 3 and Model Y, so the S and X don’t always get the same level of attention or updates.

If you’re considering a Tesla for the first time, starting with a used Model S or even a refreshed Model 3 or Model Y (2022 or later) could be a smarter financial move.

Alternative Options: Refreshed Models at a Fraction of the Cost

Speaking of alternatives, let’s talk about other Tesla models that offer great value. If you’re eyeing a Model Y, the refreshed versions (2022 and up) are also seeing significant price drops. I’ve found listings for these vehicles in the $30,000 to $38,000 range—way more affordable than a brand new Model S. Late 2021 models can work too, but I recommend sticking with 2022 or newer for the latest updates and improvements.

These prices make it clear that you don’t have to break the bank to own a Tesla. Whether it’s a used Model S or a refreshed Model Y, there are plenty of options that deliver the Tesla experience without the hefty price tag of a new car.

Bonus Tip: Protect Your Tesla with 3W Liners All-Weather Floor Mats

One thing to note if you’re buying a Tesla (new or used) is that it doesn’t come with all-weather floor mats. If you want to keep your interior pristine, I highly recommend the 3W Liners All-Weather Floor Mats. I’ve tested a bunch of options—3D Maxpider, Tesmanian, and various Amazon brands—and 3W Liners are by far my favorite. They fit perfectly and offer excellent protection.

I’ve got them in my Model X, Model 3, Model Y, and even my Cybertruck, and they’ve never let me down. Right now, you can save 25% off with the promo code in the description below, bringing the price under $100. Plus, using the code supports the channel, which I truly appreciate. And here’s an even better deal: 3W Liners is offering a 35% off discount with the code Dennis35. They’ve got mats for all Tesla models, so don’t miss out—check the link in the description!

Final Thoughts: What Do You Think?

So, what’s your take on this? Are you tempted to buy a brand new Model S, or are you leaning toward a used or refreshed Tesla to save on depreciation? I’d love to hear your thoughts in the comments below. If you’re in the market for a Tesla, I hope this post has given you some valuable insights into getting the best bang for your buck.

Thanks for reading, everyone! If you found this helpful, be sure to share it with fellow Tesla enthusiasts and subscribe to the channel for more tips, deals, and reviews. Let’s keep the conversation going—drop your opinions and questions below, and I’ll see you in the next post!

-DennisCW