Run away from the E9x series M3s. The V8 is sweet, but those road bearings fail out of nowhere. They look nice tho!
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Anyone understand the M3 used car market?
- Thread starter TLLMRRJ
- Start date
Urbancowboy
Member
That website will show cars that are posted for sale on the Tesla website. But a sales rep can see cars that may be assigned to another buyer but are in the process of being cancelled, reassigned, swapped for another color, or other random reasons why a car is about to come back on the market but hasn’t quite been cleared to post to the website yet.
ElectricIAC
Good-Natured Rascal
I wanna say lasse is also a good resource but no substitute for having a Tesla insider search for you.
Also because robotaxi is years away and building cars just to park them for a couple of years would be dumb.
Austindude
Member
BMW owners are quite delusional. I’m not surprised they overvalue their cars.
robo_robb
Member
Definitely stay away from a used M3. Those are cars you only want to own under the factory BMW warranty.
EnrgyNDpndnce
Member
This thread made me curious so I went to Carvana just to see what they would offer. $31k for my 2018 LR AWD with standard 18” wheels and 66k miles on it. That’s more than I thought it would be considering the high mileage, wonder what they would pay for one with more normal miles in the 20k to 30k range. Doesn’t really matter as there’s no way I’m selling it yet, best car I’ve ever owned!
ElectricIAC
Good-Natured Rascal
Once you get out of warranty you’re really selling the car more on overall condition — the fact it’s a Tesla will add a 10-20% premium over the average used car in the same segment but that’s a temporary market condition.
Bunch of dealerships in Canada buy brand new model 3s and then sell them for the same price as Tesla. They make profit by flipping the trade ins for a profit, also by offering financing to people who wouldnt otherwise qualify through Tesla.
ElectricIAC
Good-Natured Rascal
Carvana had offered 39,5 for our MR w EAP. Tesla had offered 40,5+sales tax credit.
We ended up private selling for more than either of the two (but no sales tax credit)
Having the money fluid gives us more shopping options.
I need to go to TX and trade my car... Tesla won’t come close to 40.5k even for a LR AWD trade here...
M3BlueGeorgia
Active Member
That markup between wholesale and retail price seems reasonable at 24%
What is your issue, except you'd presumably prefer them to buy it from you at retail price, and inventory and sell it at cost?
M3BlueGeorgia
Active Member
How close are you to having a P anyway? When Spring rolls around, put on a set of performance tires with 20" rims and you'd be most of the way there, surely?
ElectricIAC
Good-Natured Rascal
I wasn’t all that shocked TBH. Carvana could turn the car around for a 5-6K on the top, Tesla could remove EAP and resell it in the low 40’s (and still make money on a potential FSD buy)I need to go to TX and trade my car... Tesla won’t come close to 40.5k even for a LR AWD trade here...
I’m curious what they’d offer for my P3D+ but if your valuation is any indication I think I’ll stay away: What I don’t know can’t hurt me.
I’m in the market for an SR+ or LR. I was negotiating with a guy — 2019 SR+, AP, HW3, 5800 miles, Black with White. His lowest is $37K (asking $38K). Carvana offer was $31,800 for my zip code.
My goal for it is $35-36K. We’ll see how it goes.
My goal for it is $35-36K. We’ll see how it goes.
