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I think it's the other way around: by restricting who can service the car, they are artificially keeping the resale value up, which works out to cheaper financi
by micheljansen 11y ago
I think it's the other way around: by restricting who can service the car, they are artificially keeping the resale value up, which works out to cheaper financing (after all, you finance the difference between purchase price and resale price).
- AnthonyMouse 11y agoHow is restricting who can service the car supposed to keep the resale value up? It means the prospective buyer will have to pay more for repairs when they're necessary, the cost of which comes out of what they'll be willing to pay for the car.
- cperciva 11y agoIt ensures that servicing is performed by qualified personnel, thereby mitigating the market for lemons.
- AnthonyMouse 11y agoIs service by third party mechanics really the dominant factor in creating lemons, and not design or manufacturing defects or abusive driving by previous owners?
- tamana 11y agoTesla can offer a stronger warranty if they know more about the cars' life. The car is full of sensors.
- AnthonyMouse 11y agoIf they offer a stronger warranty they don't need to prevent service by third party mechanics, because nobody is going to pay a third party mechanic to do service the manufacturer would do for free under warranty.
- cperciva 11y agoOne of the largest factors is probably a lack of servicing. By requiring all servicing to be done by Tesla (who presumably keep records) they eliminate the "yeah I had that service done but I lost the receipt" scenario: If Tesla says that they didn't service a car, the buyer knows that it wasn't serviced.
- AnthonyMouse 11y agoWhich the seller can mitigate by either keeping their receipts or having Tesla service the car, so the reduction in resale value would only apply to sellers who didn't do that, and then it's their own loss.