ZenRockGarden
Active Member
Good point. Not likely to get model X under $80k but hey, it was worth a try
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General chit-chat in "For Sale" threads
- Thread starter MsElectric
- Start date
Good point. Not likely to get model X under $80k but hey, it was worth a try
It is here because people can see price drop and they can offer accordingly
It is call looking after your forum members and not over paying
Huntfortelsa
Member
Give it a couple months? It’s sad for people who bought in 21 and 22 (myself included) but this “cars are appreciating assets” shtick needs to be gone. If you car is used, it’s used. Not like new, drives like new etc. Accept the fact that once a car drives off the lot it’s 20% less valuable. And if Tesla dropped new car prices, your “used” cars are going to lose even more value.
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Super_Popular
Well-Known Member
Um no, that's what this thread is for.
General chit-chat in "For Sale" threads
Mod Note: A number of posts were removed from this thread. For sale threads are not the place for debates about price or discussions about pricing formulas. Please respect the sellers and keep discussion on topic and between interested parties. This car seems reasonably priced and I wish the OP...
teslamotorsclub.com
Ok let’s agree to disagree no point we all have our own opinionUm no, that's what this thread is for.
General chit-chat in "For Sale" threads
Mod Note: A number of posts were removed from this thread. For sale threads are not the place for debates about price or discussions about pricing formulas. Please respect the sellers and keep discussion on topic and between interested parties. This car seems reasonably priced and I wish the OP...
FYI - Elon at it again and used car prices ready to drop again buyers you have more negotiating power extra $5k lol
Save save save Don’t be like me and others got smacked by Elon buying a car last year
GL
brainhouston
Active Member
bitter much cause ur car is for sale?...
S used to sell for $70k and X for $80k. So, that seems to be the bottom. I bet that that prices will fall through 2023.
whitex
Well-Known Member
Just a quick mention. I was recently selling my P85DL+ and then found out that this year's price cuts seems to have motivated a bunch of exiting Tesla owners to upgrade, which in turn resulted in a wave of used cars sent to auction by Tesla. I found this out when trying to trade-in 2 Tesla Model S's for one Audi, where the dealer told me they don't want to trade in any Teslas at all. as their parent company just bought 130 Teslas from an auction, so they are set for Teslas for the moment. I ended up selling my P85D and not buying the Audi, but just mentioning it here as an FYI - there may be an additional supply of used Teslas on the market right now, caused by the Tesla price reductions.
Hi everyone, I took over someone’s Tesla lease in January of this year. Since then, my job situation has changed drastically unexpectedly, and the current mileage isn’t going to work for me. Since we've exhausted Tesla's 1 lease transfer rule, does anyone have any ideas on how I can get someone to take this over somehow unofficially? I obviously don't want to be scammed since the car will still have to remain in my name, but I need to get out of this lease ASAP, and the early lease termination quote is super expensive. Any feedback would be super appreciated!
Here are the original specs:
Here are the original specs:
- 2022 Model 3 Long Range AWD
- Term: 36 months (18 months remaining - lease ends on March 2, 2025)
- 10,000 miles/ year (9,850 miles remaining)
- Monthly Payment-$639.70
- Color: Red Multi-Coat with 19" Sport Wheels, Black & White Interior
Just talking off the top of my head here:
Is it possible to buy out a lease before its term? Pay Tesla for the car and become the owner rather than the leasee? If so, you could buy out the lease and sell the car rather than transfer the lease. You could use an escrow agent to protect both you and the buyer. You'd have to pay the escrow fee and probably sell below Blue Book to make up for the inconvenience to the buyer.
Again, just a thought. I have no idea if they'd allow you to buy the car outright before the end of the lease. At least that would not be as bad for Tesla as taking the car back early. So maybe they would?
Is it possible to buy out a lease before its term? Pay Tesla for the car and become the owner rather than the leasee? If so, you could buy out the lease and sell the car rather than transfer the lease. You could use an escrow agent to protect both you and the buyer. You'd have to pay the escrow fee and probably sell below Blue Book to make up for the inconvenience to the buyer.
Again, just a thought. I have no idea if they'd allow you to buy the car outright before the end of the lease. At least that would not be as bad for Tesla as taking the car back early. So maybe they would?
At this rate it sounds like you’d go 10k miles over and need to pay $2.5k. If you average this over 36 months, you’d pay less than 100 bucks extra per month. Really doesn’t sound too bad.
HankLloydRight
No Roads
My understanding is that none of the recent leases have buy out
That sounds like a really bad deal. Sorry to hear that. I hope you can find a solution to your dilemma.
whitex
Well-Known Member
What happens if your car gets totaled? Tesla lease includes gap insurance to cover the difference between what the insurance company says the totaled car was worth vs. the total or remaining payments?
HankLloydRight
No Roads
¯\_(ツ)_/¯
edit: That's not the same as a lease buyout option, which M3/MY have never had.
whitex
Well-Known Member
Usually the insurance company pays to buy it out, then sells the wreck in an auction to recoup some of the costs. When you say "insurance company pays", pays what to whom? Say you put down $20K on a 3 year lease for Model Y Performance. It gets totaled after you make one payment. What happens next? Do you get a replacement car for 35 months from Tesla? Do you lose your down payment plus one monthly and walk away, but if so what happens to the wreck - Tesla owns it, any penalties for returning it in pieces?
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