You may lose some money and only you can make the call as to if it’s worth it or not. The M3SR+ isn’t going to be my personal car; I’ll still be driving around in my dad’s old manual smart car (he agreed to let me use it back when I said I was gonna sell my X3 lease to make a quick buck, as we still need two cars in our household for both my wife and I to get to work easily) until my MY order materializes. I’m really hating every minute of it, but my MYLR order is currently $4K cheaper than the going price and I also am not willing to spend an additional $14K to get a MYP now. Happy to be able to drive my wife’s M3SR+ here and there to keep me from any rash financial decisions!
The way I see it, there are two big positives going for you in waiting for your MY… 1) potential tax credit is just around the corner, 2) Austin produced MY is likely. I would keep waiting if I were you!
Yeah, I might sit and wait for cause, sadly, I don’t need two cars. I’d easily keep the M3 otherwise. Currently, I have a wonderful trade-in value with Carvana and have till the 20th to give it to them, which was no problem when I had the October date. Now with this insane pushback, I might have to try again and see a huge decrease cause I’ll need to put more miles on the car, the market value stabilizes, or something happens. Currently, I’m $3000 more than what I paid for the car and $4000 more than Tesla’s offer. So this is why I’m trying to scramble numbers. I’m going to plug my car back in Carvana today with an extra 1000 miles, see how much it tanks today, and maybe judge my outcomes. I wish I could find out how much Tesla will give for an M3SR+ trade-in. People have said Tesla pays better for their own cars.
EDIT1: I just tested Carvana, and the value dropped as of 9/4/21 from $17,516 to $17,004. So, not a HUGE loss, but again, I really do not want to keep adding more miles and paying gas. Time to crunch a lot of numbers and see who wins. Sadly, I think sitting back on the crazy train is still the best option, as you have said.
EDIT2: So, I found a VIN for a 21' M3SR+ on Carvana and just wanted to test the water for trade-in value. So, Carvana: $41,070 (not excluding the ~$2500 for taxes). VROOM: *Still waiting, will update*. TESLA: *Still waiting, will update*. WeBuyAnyCar: $40951 (not excluding the ~$2500 for taxes).
You could probably sell the MYP for a profit. Have you looked at what pre owned MYP's are going for?
I was trying to look at that with some VINs I’ve seen posted on the inventory lists and most companies are giving $1,000-2,000 less than what is shown (not including tax, delivery, and stuff) so potentially $4,000-5,000 loss. Now the LR is a different story lol. That has all the value and is the price of the MYP right now for resale which is NUTS. Pretty much if a LR owner wanted a MYP but didn’t want to pay that price before now has a chance to get one for pretty much nothing extra. I’m just going to hold off and hope everything goes back to normal.