I've written around 300 articles over the last 4 years and the article above (my 7th) was my most popular article ever. Like a fair number of my articles, it was noticed by Elon Musk
I did some analysis of the trade-in values of the BMW, Camrys, and Model 3. I know used car prices are up and I wanted to see how depreciation was different between the 4 cars. I found the Tesla Model 3 depreciation was about half what I expected 4 years ago. The Camrys depreciation was also down almost 50%. Although the percent of expected depreciation was similar between the Tesla and the Toyota, the effect on the TCO was much different.
The second 50,000 miles lead to more maintenance and a few minor repairs are expected as the powertrain warrantee runs out. From 150,000 to 200,000 miles, most consumers don’t want the risk of problems, so they sell. Those with skills pick up these cars cheap and get many more miles from them if they are willing to deal with the issues.
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