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Tesla Model S used prices static for the last 12 months, says CAP

Tesla Model S

Tesla Model S used values have been static for over a year, with the car holding its value better than almost any other modern car on the market, despite a £60,000 starting price, says CAP.

Jeff Knight, CAP forecasting editor, said: “The Tesla is still, relatively, rare in the UK and most are bought new by passionate enthusiasts or business fleet buyers.

“This means that second-hand examples tend to be fitted with between £10,000-20,000 worth of optional equipment. This helps the Tesla hold its value on the used car market. At Black Book, we have held Tesla values static for a year now, which is highly unusual.”

The Model S has a range of between 200 to around 265 miles, depending on the battery option of the vehicle and the nature of the drive. When it comes to charging, owners can opt to use a domestic supply or invest in an industrial charging installation at their home, partly subsidised by Tesla.

There are currently a network of 29 Tesla superchargers in the UK Tesla owners can use to take the car up to 80% charged in 40 minutes and 100% in 75 minutes.

Knight said: “Many Tesla owners alter their lifestyle to fit the charging regime, because they are that passionate about the benefits of their vehicle.

“In the US, it’s not unusual for owners to call at the supercharger on the way home and sit in the car, using the free Wi-Fi to send emails as the car charges.

“People, clearly, love this vehicle, which means it holds its value. For anyone looking to buy an executive car with green credentials, but can handle the charging regime, a Tesla is one of the smartest investments in today’s market.”


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  • Subrahmanyam - 02/12/2015 20:14

    Amazing car indeed