Best way to sell my 2018 P100D ?

[nevrenuf]

It looks like I'll be moving to a new city and into a Condo where I won't have the ability to home charge. To make it worse, my commute will be about 75 minutes each way daily. So, I'll need to charge every other day or so. There are no supercharging stations nearby.

IF I decide to sell my Model S, how best to do that without getting slaughtered? I've only owned this car for about 8 months now, have 7000 miles on it, I've been to a couple of ICE dealers (MB, BMW, etc.) and they've shown no interest in the Tesla as a trade without me taking a 40%+ beating on an 8 month old car.

Thoughts?

 

[s1rk]

Have you tried reaching out to the Condo manager about possibly allowing you to install a charger? It seems like some people have gotten lucky with that.

 

[nevrenuf]

Have you tried reaching out to the Condo manager about possibly allowing you to install a charger? It seems like some people have gotten lucky with that.

Yes, tried that but we don't have assigned spaces and they don't want to commit to having 50-100 amps available either.

 

[davidc18]

It might be better if you can find a new place to relocate to. The hit on the cars value is going to be pretty big.

 

[Chancellor32]

What about PlugShare chargers? Not ideal but better than taking a 40% hit. Even a 110 outlet would give you about 30 miles a night. Can you charge at work?

 

[redan]

Can you charge at work?

That may be the best option. If you can charge at work, especially on a 240 outlet, you should be totally fine. Maybe try and get your work to install an outlet for you?

 

[davidc18]

eMotorWerks makes several different chargers which are "portable". We have the JuiceBox Pro 40 for charging our MS and i3. All you need is a 240V outlet. I would also think about getting a L1 charger if you have a 110 outlet at work. Don't give up on keeping the car!

 

[whitex]

It looks like I'll be moving to a new city and into a Condo where I won't have the ability to home charge. To make it worse, my commute will be about 75 minutes each way daily. So, I'll need to charge every other day or so. There are no supercharging stations nearby.

IF I decide to sell my Model S, how best to do that without getting slaughtered? I've only owned this car for about 8 months now, have 7000 miles on it, I've been to a couple of ICE dealers (MB, BMW, etc.) and they've shown no interest in the Tesla as a trade without me taking a 40%+ beating on an 8 month old car.

Thoughts?

You haven't moved yet, so check with the new place if they are willing to accommodate an EV, if not, restart your search, this time looking for EV friendly places. EVs are gaining momentum in the market, so not a bad idea especially if you are buying (better resale value). Your car has depreciated the lion share of the first 2 years depreciation, so unless you find a really motivated private party buyer, no way around it. P100D costs Tesla probably about $80K to build brand new, so they aren't likely to be keen on paying you even that amount, unless you are buying a new Tesla (in which case they still make money on the transaction even if they give you above market value on your trade-in).

 

[Big Earl]

For significantly less than the depreciation you could end up facing, you could offer to pay for a charging station installation at your work or at the condo. Even a 30 amp 240 volt outlet would be sufficient.

 

[Brando]

Contact work - perhaps company or other employees want to get charger or outlets for EVs.
might consider negotiation with company, you'll kickin a couple hundred toward plug - get company on Tesla list for some destination chargers at your workplace. Would company be interested in potential PR angle.

good luck

 

[ucmndd]

Lots of good suggestions here. You’re gonna get massively hosed on the car, and if you’re not cool with that you should probably start entertaining other housing or charging options.

Besides, as someone who commutes an hour each way, what better possible car than a model S to spend that much time in?

 

[bishoppeak]

eMotorWerks makes several different chargers which are "portable". We have the JuiceBox Pro 40 for charging our MS and i3. All you need is a 240V outlet. I would also think about getting a L1 charger if you have a 110 outlet at work. Don't give up on keeping the car!

If you've got a 240 outlet, you don't need an aftermarket charger

 

[acoste]

We often think of "losing" the money at the time of sale but actually the market value of the car is already settled, we have already lost that money. Hard to accept, for sure.

 

[whitex]

We often think of "losing" the money at the time of sale but actually the market value of the car is already settled, we have already lost that money. Hard to accept, for sure.

It's a bit more complex than that. If you buy a house at $100K, then it goes up to $200K but you are not selling, did you gain any money? Your property taxes just doubled, so are you actually losing money then? Or, how about stocks, you buy it for $10, it goes up to $30 but down to $5 by the time you sell it, so should you say you made $20 and then lost $25? If yes, than anyone who owns any stocks or funds makes or loses money every second while the markets are open. So, instead some choose to realize the loses when the sell whatever it is they acquired. It all comes down to how you want do your accounting.

 

[Evoforce]

To me, smarter move to keep the car. Work at finding solutions to charging.

 

[PhilDavid]

It looks like I'll be moving to a new city and into a Condo where I won't have the ability to home charge. To make it worse, my commute will be about 75 minutes each way daily. So, I'll need to charge every other day or so. There are no supercharging stations nearby.

IF I decide to sell my Model S, how best to do that without getting slaughtered? I've only owned this car for about 8 months now, have 7000 miles on it, I've been to a couple of ICE dealers (MB, BMW, etc.) and they've shown no interest in the Tesla as a trade without me taking a 40%+ beating on an 8 month old car.

Thoughts?

You've been given great advice! The best option is to not sell the car and figure out a charging solution.

If you must sell, you will likely lose about 25-20% of what you paid for the car. If you do decide to sell, you should sell sooner rather than later as you are still in that period of time where your car is depreciating over $2,000/month.

 

[appleguru]

+1 for getting a charging solution at work. I do not have a place to charge at home; got work to put in a charger and use it every day. Works great!

 

[hiroshiy]

If I were in OP's shoes, I would propose to install four charging stations and electrical work for free to the Condo HOA (or the owner), at my expense and promise to give the facility to the Condo for free. That would save depreciation and make Condo HOA happy, while allowing wider EV adoption.

 

[whitex]

If I were in OP's shoes, I would propose to install four charging stations and electrical work for free to the Condo HOA (or the owner), at my expense and promise to give the facility to the Condo for free. That would save depreciation and make Condo HOA happy, while allowing wider EV adoption.

Great idea, offer 4 Tesla HPWC chargers so they can attract Tesla owners to the condo. Have them share circuits if needed (2x100A or even 1x100A).

 

[NickFie]

Great idea, offer 4 Tesla HPWC chargers so they can attract Tesla owners to the condo. Have them share circuits if needed (2x100A or even 1x100A).

If your condo installs chargers, consider installing them at less-desirable parking spots to reduce ICEing and resentment.

Could even use ChargePoint or GreenLots to cover electricity cost. Would further reduce ICE resentment.