Last Tesla Model S Plaid Signature Edition Listed for Sale at $260,000

The final chapter of the Tesla Model S has begun. A dealership in New Jersey is now offering one of the last remaining units of the limited-edition Model S Plaid Signature Edition for sale, with a price tag that’s left many wondering if it’s worth the premium.

A quick glance at the specs reveals why this car stands out from its predecessors: unique Garnet Red paint, gold accents on emblems, brake calipers, and interior trim, carbon ceramic brakes, free lifetime Supercharging, and Full Self-Driving capabilities. It’s a package that would normally cost $159,420, but in this case, the seller is asking for an eye-watering $259,995.

The Model S Plaid Signature Edition was one of the last hurrahs from Tesla before it discontinued production on its iconic sedan. Only 350 examples were made, with 250 being Model S units and 100 as Model X variants. Each car came with a unique set of features that would normally be reserved for high-end trim levels.

To own one of these limited-edition cars, buyers had to receive an invitation from Tesla and sign a no-resale agreement. This contract stipulates that if the owner decides to sell or transfer ownership, they must first offer it back to Tesla at its original price. Failure to comply could result in a $50,000 penalty.

But what’s perhaps more concerning for potential buyers is that the resale agreement also includes language stating that Full Self-Driving and free Supercharging will terminate once the car changes hands. This means that even if you manage to purchase one of these cars at an inflated price, you may not be able to enjoy its full range of features.

It’s unclear whether Tesla plans to enforce this clause or the $50,000 penalty on new owners. However, it has been known to block owners from transferring unlimited Supercharging access in the past.

The asking price for this particular car is a staggering $100,000 more than its original sticker price. Whether or not it’s worth that premium is subjective and depends largely on personal preference. Some may see owning one of the last remaining Model S Plaid Signature Editions as a badge of honor, while others might view it as an unnecessary expense.

For context, previous runs of the 2012 Tesla Model S Signature Edition are now selling for well under $20,000 on the used market. This raises questions about whether paying over a quarter-million dollars is justified by the car’s limited-edition status and advanced features.

The resale agreement may also have unintended consequences for new owners. If they decide to sell or transfer ownership in the future, they will be forced to relinquish their access to Full Self-Driving and free Supercharging. This could potentially limit the car’s value on the used market and make it less appealing to potential buyers.

Despite these concerns, there may still be some enthusiasts willing to pay top dollar for one of the last remaining Model S Plaid Signature Editions. For them, owning a piece of automotive history might be worth the hefty price tag.