Hi. I'm amazed to find the apparently ultra high value my 2019 Model 3 SR+ has retained. I live in the Denver area and
paid $36,000 for my "base model" "Standard Range" Model 3 in April 2019, paying only the $1000 extra for a non-base color. Tesla fulfilled my order with an SR+, not an SR, simply 'cause they had not set up the mfg line to make the SR yet. Thought I'd share the offers I've received from Tesla, Carvana and CarMax for my car in good condition with
just 18,300 miles on it.
I wasn't looking to sell my Model 3, but Tesla out of the blue wrote me an email on 9 May and asked me if I wanted to get a quote on my car:
So I said sure. ...
Tesla offered me
$27,100 on 12 May; which is just about exactly even with the money I'd actually put in the car (after the $5k Colorado and $3750 Federal subsidies). Cool.
So I asked
Carvana. They quickly (pure online) made me an offer of
$33,606 for my
car. The offer says it is good for a month.
2019 Tesla Model 3 / Standard Range Plus Sedan 4D / 5YJ3E1... serial number | 18240 mi |
Last Thursday, I took my car to
CarMax in north Denver and they quoted me
$35,000 firm offer for my car, good for one week. They are the only one that actually looked at the car. They took a lot of pictures.
The
Tesla quote had expired after 7 days, so thinking something really strange might have happened in the used market in two weeks, I wrote back last Thursday and asked if they would update their offer. Tesla said "Looks like the value did go up a few hundred looking at
$27,600. Would you want to possibly consider trading?"
Frankly, I'm amazed. Getting quoted over 97% of the purchase price ($35k vs. $36k when new) for a car with 18k+ miles is simply amazing. Having it be nearly $8000 more than I actually paid (after subsidies) for a 2+ yrs of driving the best car I've ever owned is simply astonishing.
Is anyone else seeing stuff like this?