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Can a used Model 3 be more expensive than brand new?
- Thread starter Yang_H
- Start date
That seems to be a great deal. Sadly I haven't been able to find anything like that on those used car websites like autotrades, carvana etc, including craigslist.
Take the cost of a new one add in the cost each feature
Then deduct 50 cents for each mile.
And that's just retail
Folks forget their rebates and expect you to pay them all over again
You should see the wailing and nashing of teeth when Tesla offers wholesale at trade in.
Then deduct 50 cents for each mile.
And that's just retail
Folks forget their rebates and expect you to pay them all over again
You should see the wailing and nashing of teeth when Tesla offers wholesale at trade in.
Rebel44
Member
Used Model 3s prices in Europe are crazy - usually cost the same as the new Model 3s and some are up to 20% over the new Model 3 price.
You're asking about used model 3 vs new model 3. Do you need to pay destination fee for a used model 3? No. So you need to include it in the new price.
True, but still that only brings my new SR+ to $37k and I can barely found any used M3 for under $40k.
There are not enough used Model 3’s on the market for realistic pricing to be where it should be. With the federal tax credit going away in January that only makes the used models more appealing. And many states do not offer local rebates. And yes, the $1,200 delivery fee from Tesla is often overlooked in comparing new vs used.
As the used Model 3 market expands prices will come down. But since the car has barely been out two years it’s not realistic to see enough of them out there to drive prices down to realistic levels, especially with zero new ones available for immediate delivery.
As the used Model 3 market expands prices will come down. But since the car has barely been out two years it’s not realistic to see enough of them out there to drive prices down to realistic levels, especially with zero new ones available for immediate delivery.
Plus take into account that any Model 3’s coming off of lease will not be on used car lots.
iwannam3
Active Member
IF Elon can pull off his fantasy. What if it slips a year or too like usual?
No, it's not.
I hope you were making a funny, but just throwing this out here in case you were half serious.
My SR+ has gone up $500 in value since I bought it, I charge it for free and it got faster acceleration, charging and a heap of features for free in the past 2 months and the resale value has not gone down.
You are right, my car is not an appreciating asset. Not
It is appreciating very much so. A car that gets better with time. Unheard of
eye.surgeon
Active Member
Aftermarket tinting and other mods rarely add anything to value unless you're selling to your identical twin.
They probably have an algorithm that will dynamically alter the price as the car sits on the lot. Tesla has a lot more data than a private seller on what the market will bear. It's high, but they may not have to cut it too much to sell it.
https://ww.electrek.co/2019/12/13/tesla-increases-price-model-3-end-federal-tax-credit/
Now the price of SR+ just went up another $500
My car has essentially gone up $1,000 in value the past 2 months since I bought it
But it's not appreciating. You guys are right. It's losing value because Tesla keeps raising the price of it.
Haha
Now the price of SR+ just went up another $500
My car has essentially gone up $1,000 in value the past 2 months since I bought it
But it's not appreciating. You guys are right. It's losing value because Tesla keeps raising the price of it.
Haha
Yeah, the new price may have gone up, but so has your mileage and the age of your car. It's not appreciating, no matter how much you want that.
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