Your options are surrender $350 order fee or sell the ordered 3 and make a profit. Why would anyone cancel if they preferred the Y?
Throw away $350 or make money? No brainer.
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Australian Model 3 Waiting Room
- Thread starter rgc1990
- Start date
Throw away $350 or make money? No brainer.
Yikes. I do not like the sound of this at all.Yes, I got a call yesterday asking how I liked the Model Y test drive and said they know I am expecting a Model 3 and would I still want to keep the 3 or prefer the Y
I reckon some would be nervous of a "flood" of M3s on the market and struggling to sell at a worthwhile profit.
I'm in the reverse position. I ordered a Y on the first day, we've since decided the sacrifice of going RWD in exchange for a bigger car isn't worth it. So now toying with keeping the Y order and selling it later or just cancel the order. Inclined to just cancel it on the basis that I live an hour or so outside Melbourne and not sure I can be doing with tyre kickers and joyriders. If I find someone interested enough to pay me a non-refundable deposit to not cancel the car I might do it. Will be interesting to see what happens with the used and nearly new Tesla markets near the end of the year.
Yeah i dunno. I honestly don't think there are very many in our cohort who ordered an M3 to hold them over to buying a Y when we all knew in late 2021 that the Y was coming soon. "I really want a Y but i'll drop 70k on a Model 3 to satiate my immediate need for any Tesla, despite it not meeting my requirements".
Doesn't make sense to me.
Doesn't make sense to me.
axelfair89
Member
Any thoughts on the true number of cars that would be in this most recent batch of VINs given that we are only seeing a percentage of them reported here? I wonder if it’s a ‘ship’ load or just a few allocated to keep the punters happy.
I don't know if there's any truth in it, but I've heard it said that because Tesla wants to retain some hold on the market, and discourage people profiting from resales, that they don't provide support [or limit the extent of support] for 3rd party purchasers.
Could discourage that urge to resell, or rather, the urge to buy a private sale.
Could discourage that urge to resell, or rather, the urge to buy a private sale.
It's not just as simple as take delivery and sell for profit.
Unless people have cash lying around, and the time it takes to sell privately as well as taking the risk most will just end up cancelling.
You're playing with fire, especially if you need to take out a loan just to take delivery
I dont believe that its a ship load of Tesala. A ship load of forklifts very likely
That is the feedback I just got from Pepper. I was originally approved at the 2.99%, got notification of an increase to 3.99% about a month ago. Had a rush of blood when there was some VIN allocations and emailed to confirm my current interest rate - 4.99%
. Not a deal breaker but still annoying.Have had a quick look around and there is not many better rates currently available that I can find.
@Ormaus - awesome work keeping track on all of these.
I notice you are right on the cusp with your order date.....
axelfair89
Member
Sure. Heaps of people have posted in here saying they will keep the order and sell however.
I just don't think the percentage cancelling in favour of a Y is going to be significant enough to have any impact on deliveries whatsoever. Maybe a handful of cars.
Can they legally do that? Maintain control of an asset that you take legal ownership of? Cancelling orders for obvious commercial entities i can see them doing.
sounds like they can offer u a Y sooner then the m3Yes, I got a call yesterday asking how I liked the Model Y test drive and said they know I am expecting a Model 3 and would I still want to keep the 3 or prefer the Y
I agree here.
Just think those who are going to take delivery of a 3 and then quickly offload it are few and far between. It's a risk a lot of people aren't in a financial position to take.
If you've got the cash lying around it makes sense, if you need a loan for it or have a Y coming at a similar time and want the Y, you're taking a pretty big gamble. I'd absolutely do it if i had the cash lying around or had someone commit to buy the 3 with cash before delivery.
That is the feedback I just got from Pepper. I was originally approved at the 2.99%, got notification of an increase to 3.99% about a month ago. Had a rush of blood when there was some VIN allocations and emailed to confirm my current interest rate - 4.99%
Have had a quick look around and there is not many better rates currently available that I can find.
That is not good. Yes, the best interest rate is 4.99% at the moment( pepper and macquarie), if that is the case I think its better going with Macquarie, they lock in your interest rate 3 months + 3 months.
What is your OD ? It might might be OK for now but there are chances of the interest rate going up before we get the VIN allocated.
I read somewhere in this forum saying Pepper were locking the interest rates at least for 3 months, may be its changed now ?
Come oooon Vin Wednesday.
Really don't want to have to bend over and have Elon fill me with the "light of consciousness" for another quarter.
Really don't want to have to bend over and have Elon fill me with the "light of consciousness" for another quarter.
