What's the best way to come up with a fair value for a used Model Y?
I see some low mileage, 2022s, 8k-15k miles. For our purposes, let's just consider base config. As a buyer, what would be a good price?
Carvana is offering $33,161 for a white, 2022 with 8K miles. This is in CA.
A brand new one after destination fee, less federal tax credit and referral bonus is $42,380. It seems crazy to pay more than $37K, or is even that too high? Around here, everyone seems to think their cars are worth way more. They would be asking $42-$46K for that config.
I would consider buying new, but we don't qualify for the federal incentives we file as married filing jointly. A back of the envelope calculation if we do married file separately, shows that it might be close, but I'm not sure if I'm doing those numbers correctly. I need to dive into it more. Everything I have read seems to say that in almost all cases, we are better off filing jointly except for a few exception cases and we don't fall into those scenarios.
If prices on inventory cars keep falling, I may consider buying new even if I don't get the tax credit. Saving $4-8K on a 1 year old car isn't worth it to me. But the lack of ultra sonic sensors is something to consider.
I see some low mileage, 2022s, 8k-15k miles. For our purposes, let's just consider base config. As a buyer, what would be a good price?
Carvana is offering $33,161 for a white, 2022 with 8K miles. This is in CA.
A brand new one after destination fee, less federal tax credit and referral bonus is $42,380. It seems crazy to pay more than $37K, or is even that too high? Around here, everyone seems to think their cars are worth way more. They would be asking $42-$46K for that config.
I would consider buying new, but we don't qualify for the federal incentives we file as married filing jointly. A back of the envelope calculation if we do married file separately, shows that it might be close, but I'm not sure if I'm doing those numbers correctly. I need to dive into it more. Everything I have read seems to say that in almost all cases, we are better off filing jointly except for a few exception cases and we don't fall into those scenarios.
If prices on inventory cars keep falling, I may consider buying new even if I don't get the tax credit. Saving $4-8K on a 1 year old car isn't worth it to me. But the lack of ultra sonic sensors is something to consider.
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