Tons of used model s are hitting the market.

You're not wrong, I believe a small factor is that few want a S with the old grill opening on the front end...
 
If it was an ICE, then yes that could seem extreme.
But, EV's can last a lot longer with little to no maintenance

Maybe true for the drivetrain components, but a car still sees a lot of wear tear on the interior and other components like suspension.
 
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