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Shot my foot by paying off the loan on my LR, now the paper Title is in process waiting to arrive in the mail...delaying me selling this used $55K LR MY for $67.9K.Nah. Pretty sure Carvana buying algorithm has a bug and screws up. Look at the Teslas they have for sale. 2021 MYLR is going for around 66k and MYP is 72k, which seems like a reasonable gap. But Carvana is paying over 68k to get the same MYLR to sell at 66k? Pretty sure they screw up on the offering. If you are thinking about selling MYLR I would do it soon before they correct the mistake.
MYLR in higher demand because the price is lower and is the cheapest way to get a Model Y. Not because people would pay 5k more to get MYLR rather than MYP. What Carvana is offering now doesn’t make sense. They are paying high and selling low to lose money on every MYLR they are paying 68-69k for. The only way its making sense is if we are seeing 2021 MYLR selling for 72K+, which is not the case at all. Also try checking other dealers besides Carvana, like vroom or carmax, see if you can get an offer that’s any where near 68k. It’s pretty obvious something messed up with Carvana’s algorithm, almost like Zillow last year overpaying all the houses because they relied on AI too much. We all know how that turned out for Zillow.I don’t think this is a bug at all. It is absolutely supply and demand. They can afford thin margins on cars that sell themselves. Not to mention Tesla is continuing to raise prices and drag out delivery estimates based on current supply chain issues - this only makes your used car that much more valuable. Especially one that everyone wants.
HAHA fair point!I got a similar offer on my 5 month old MYLR. It’s intriguing to think j could sell it and make ~$12k. Then I think about what else I could drive for less and the whole theory falls apart.
I'm going back to M3, P this time around.I got a similar offer on my 5 month old MYLR. It’s intriguing to think j could sell it and make ~$12k. Then I think about what else I could drive for less and the whole theory falls apart.
Yea if you can handle the wait and are going for another Tesla that makes sense. I love having the 7 seats. Family of 5 here too but every time they want a friend over we use the 3rd row and it’s extremely convenient.I'm going back to M3, P this time around.
Traded my 104K mile M3LR for the 7 seater MYLR in September. 2nd car is 2020 MYP. The 7 seater MYLR is a great hauler but we rarely use the 3rd row seats (fam of 5 with 2/3 are young adults).
+$12K in 7 months is unheard-of. I'm jumping in.
My thoughts as well. In my case I paid only 50k and they’re offering 68k, so 18k payout after driving for 8 months. But a new one is 63 now…I got a similar offer on my 5 month old MYLR. It’s intriguing to think I could sell it and make ~$12k. Then I think about what else I could drive for less and the whole theory falls apart.
The lucky stars lined up - I am picking up an M3P on the 18th. Was ready to let go of the MYLR to Driveway for $62.4K, now this.Yea if you can handle the wait and are going for another Tesla that makes sense. I love having the 7 seats. Family of 5 here too but every time they want a friend over we use the 3rd row and it’s extremely convenient.
Yep, and we saw someone here who was upgrading from a 5 seat to 7 seat have his order cancelled as he was flagged as a reseller. He sold his 5 seat before delivery of the 7.My only concern of selling a newer Tesla you recently purchased, is Tesla flagging you as a reseller. Possibly banning you from purchasing again. Anyone else hear that?