Atlanta Electric Vehicle Development Coalition

Atlanta's Home for Electric Vehicle News and Information

Monthly Archives: December 2015


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Is now a good time to buy a Pre-Owned Tesla Model S?

I had lunch with a work colleague last week who was asking me about Certified Pre Owned Tesla Model S vehicles and if now is a good time to buy one?

Well year end clearance sales are well known in the auto industry and the last week of December is the biggest sales period of the year! So can you score a great deal on a pre-owned Tesla Model S before December 31st?

That all depends on your definition of a great deal. Tesla forums are exploding with stories of ‘cheap’ Certified Pre-Owned (CPO) Tesla Model S citing a few available for under $50,000. Considering the average new car price is $36,000 that’s still a hefty premium to pay for a 2-3 year old first generation Tesla Model S.

Here is the link to Atlanta pre-owned Model S vehicles. Tesla Model S Pre-Owned Atlanta. As of today, 18 vehicles are listed with the cheapest being a 2013 60kWh for $59,000 and the most expensive is a 2015 P85D for $105,000! A lot of choice for sure.

But none of the 18 listings look like a bargain to the author. Why you ask?

Autopilot MIA: Keep in mind that almost all of these vehicles are ‘pre-Autopilot’ capable vehicles (generally VIN below 50,000/production pre-September 2014).  This is truly a Buyer Beware situation.  Because these Model S vehicles cannot be retrofit for Autopilot (Tech Package is not the same – it must say Tech Package with Autopilot) these vehicles are consigned to a pretty steep depreciation curve.

Uncertain Used Value: Because Tesla does not typically go through the Manheim auctions, used values are almost impossible to peg and at this point, Tesla can set what they want for that value. So you have no real market data to base the value of the CPO upon. Tesla likely paid only 80% of the listed price as a trade in, locking in a 20% non-negotiable profit margin for the company so that’s a good place to start to get a sense of the true wholesale value of these CPOs.

Evaluate CPO vs. New: you should always make the comparison between a new vehicle and the CPO and factor in the still available up to $7,500.00 Federal Tax Credit. The first owner took that credit so it is not available to you as a CPO buyer. Take the time to go on to Tesla Model S design studio and price out a comparably equipped Model S, deduct the $7,500.00 tax credit and see how close you are to the CPO. Tesla Model S Design Studio.

Remaining Factory Warranty: check out the balance of the factory warranty (4 years/50,000 miles) which is extended for CPOs. Ask for details. Most importantly, look hard at the remaining battery life which typically has an 8 year warranty (ask about mileage caps which can vary by battery size and year of production). Along with the electric drive unit, this is the most expensive out of warranty repair to consider ($10,000+).

Some of the early Teslas were purchased with the extended warranty which should transfer to the CPO buyer – be sure to ask.  Rim rash is common and should be repaired by the Tesla Service Center. Tires are replaced below 5/32 of tread life.

Lower Priced Entry Level Model S:  you may want to wait and see what Tesla does with the Model S entering its fourth full year of production. According to this article from the Motley Fool, Tesla may continue to reduce the price/feature set of the Model S to attract more buyers. Tesla has been focused on the $70,000 entry price point but ‘de-contented’ Model S could reduce that price further. Motley Fool Less Expensive Tesla Model S?. Time is on your side as the supply of CPOs with Autopilot grow and Tesla moves to lower the entry price point on a new Model S.

Bottom line: So if you are just interested in a great car that may be worth 50% of what you paid for it 3 years down the road and can live without Autopilot and all other self-driving upgrades, you may find a great deal.

DO YOUR HOMEWORK before you commit to a Certified Pre-Owned Tesla Model S. Buy only the options/features you want. Try not to get swayed by the sub-$50,000 hype.  God-speed finding the deal of a lifetime!


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CBC News: Atlanta Winning The Electric Car Race

Canadian Broadcasting Company’s The National came to Atlanta to learn why we have embraced electric vehicles – up to now.  Watch this terrific 10 minute video released on December 1st and hear from the Atlanta EV trail blazers as to why we have been so successful and the need to keep pushing to get the $200.00 EV Road Tax reduced, the an EV Tax Credit restored and continue to build out EV charging station infrastructure in time for the upcoming new generation of EV’s to hit Georgia’s roads!


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Mayor Reed Puts Atlanta on the Global Climate Stage

Atlanta Mayor Kasim Reed is out to cement his reputation as the Environment and Sustainability Mayor!   He has been on a global quest to show what Atlanta is already doing to address climate and environment.  Here’s a summary of his activity and the full press release is in this link: Mayor Kasim Reed Participates in COP 21 Panel in Paris:

City of Atlanta Mayor Kasim Reed is among the leading city executives in the U.S. on climate change. This year, he addressed a joint U.S.-China summit on climate in Los Angeles, sharing many of the ideas and solutions currently in use in the City of Atlanta with an audience of hundreds of Chinese officials and dignitaries. In November, Mayor Reed presented at the World Economic Forum Conference on Urban Mobility and the McKinsey & Co. Global Infrastructure Initiative in San Francisco.

Mayor  Reed was just in Paris France for a series of speaking engagements and to participate in the Climate Summit for Local Leaders, organized by Paris Mayor Anne Hidalgo and former New York City Mayor Michael Bloomberg. The event is a series of negotiations among world leaders to make an agreement to address global climate change, known as COP 21. Mayor Reed pictured taking the Paris Metro to meetings with Jenna Garland, Stephanie Benfield and Claire Angelle.

“Climate change is one of the most important issues we face nationally and internationally,” said Mayor Reed. “Atlanta’s presence at the COP 21 Paris climate meetings demonstrates our commitment to local action. I look forward to sharing our work in the City of Atlanta with other leaders from around the world, and collaborating on opportunities to cut pollution and secure a stable climate for future generations.”

Mayor Reed participated in a number of panel discussions and sessions with world leaders, including a “Buildings Day” session focused on ways to reduce the energy consumption and carbon footprint from commercial buildings. He discussed Atlanta’s national leadership in the Better Buildings Challenge, The Better Buildings Challenge is a public-private partnership to reduce energy and water consumption by 20 percent by the year 2020. Atlanta leads the nation with more than 100 million square feet of commercial building space committed to the challenge.

Under Mayor Reed’s leadership, the City of Atlanta is innovating in implementing solutions for climate change and sustainability. Among them:

1). Undertaking a project to increase its reserve waters supply from three days to 90 days by turning Bellwood Quarry into a reservoir;

2) Creating a Solar Atlanta initiative that will see solar panels installed on 28 firehouses and recreation center, lowering energy consumption by as much as 40 percent, and the Better Buildings Challenge, a national initiative to lower commercial energy consumption.

3). Electrifying the City of Atlanta Vehicle Fleet. Through partnership with California based VisionFleet, Mayor Reed has committed to replacing fossil fuel based City vehicle fleet with electric vehicles. City of Atlanta Electric Vehicle Fleet Program

Atlanta Electric Vehicle Development Coalition is proud of the work Mayor Reed and his Director of the City of Atlanta Office of Sustainability, Stephanie Benfield are doing to rapidly promote and advance energy efficient, climate favor solutions for the City of Atlanta.  Watch for more from our Mayor and his Sustainability team in 2016!


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2016 VOLT and Georgia EV Sales

Just before Thanksgiving I was contacted by Matt Smith of Vice News to ask my opinion of the 2016 Chevrolet VOLT which has been awarded the Green Car of the Year Award, and to check in on the state of EV sales in Georgia post the repeal of the ZEV Tax Credit on June 30th.  Here’s the link to the interview The Electric Car Industry Is Going to Make You Love Them. Here are the main points from the interview with more detail here:

1). 2016 Chevrolet VOLT is a nice improvement on the GEN 1.0 VOLT from an EV driving range (53 vs 38) but missed it completely by not offering the Quick Charge Package (DC Fast charging and 6.6 kW on board charger) the lower priced Nissan LEAF has offered for five years . I am looking forward to test driving the 2016 VOLT and comparing it to my 2014 model (my second VOLT; 2013 was leased). Might be another story in Vice News. Stay tuned!

I am seriously interested in test driving the 2017 Chevrolet BOLT which will be launched in January at the Consumer Electronics Show (CES) – how un-Detroit.  Spy photos show a pretty attractive package and the guarantee of 200 mile EV driving range, today only available on the Tesla Model S70 (230 EV mile range).

2). EV sales post the repeal of the $5000 ZEV tax credit in Georgia are predictably down.  My post from last month reviewed the precipitous sales drop but argued that Georgia has over 6,000 more EVs as a result of pull ahead sales and that new, lower cost EVs are coming in 2016 (BOLT), 2017 (Gen 2.0 LEAF) and 2018 (Tesla Series III) to reignite EV sales in Georgia.

So where is Georgia now #1?  According to a recently released study shared by CleanCities Georgia this past week, Georgia has the highest EV registration fee of any state in the Union! $200 vs. $43-$100 for the states that do levy such a fee.  As the Atlanta Journal Constitution intoned when the ZEV Tax Credit was repealed:  “From First to Worst”.