Soooo.....
For the last 2 years, I had owned a S75d, which I loved (other than the payments as it was a bit of a stretch but i loved it). Originally my intent was to buy a M3, however I purchased the MS before the M3 released expecting that the 3 was years out. When Tesla released the car early, I wasn't able to get out of my MS because I would have to return the original $14k rebate I received on my S.
A couple months ago, right before the new federal rebate, I made a bold move to try and reduce my monthly payments and move into either a SR+ or LR rear wheel 3, I was also worried about the long term values on the S as they were rapidly falling with Teslas wonky price reductions and still owed quite a bit on my finance. Tesla majorly lowballed me on the trade offering me $15000 less than literally every other car dealership for my S. I ended purchasing a BMW X3 M40i, slightly used, figuring it would retain somewhat of a resale value and I could move into the 3 when the market allowed.
I picked up the BMW yesterday and absolutely HATE IT!!!! It sucks in every way that I was worried about. Its loud, oversized, clunky, and the interface is super counter intuitive. Its overly complicated feels like a truck...not my thing at all. Yesterday I was pretty down about all of it.
Now...the upside...I took my day old purchase into Tesla today for a trade value towards the M3 (which I test drove again and was reminded how awesome it is)...turns out it may not have been such a bad thing. Trading my Model S, BMW buried a lot of the negative equity, and the Teslas trade value on the X3 was shockingly way more favourable. It looks like I can buy the M3 for similar money to what this X3 is actually costing.
A few questions:
1. Is anyone here taking advantage of Tesla's 96 month financing or is that crazy talk?
2. I'm debating between the inventory SR + and one of the inventory LR RWD. The difference is $13k when you factor in the rebate, which is pretty significant. I live in a condo...no charger here, but in the building 1 over. Thoughts on whether it's worth the extra investment? My primary concerns are the range obviously, but also the live traffic feature which I used a ton on my S, and is not available on the SR
3. The only other variable,, is anyone concerned about the long term values on the 3? Tesla is flooding the market with them...more so than ever with the S. Is anyone concerned that this can potentially kill values in a few years? The company doesn't seem very concerned with preserving residuals.
Sorry for the long winded posts. A little spun here, and would appreciate any insights. My friends aren't Tesla ppl and don't really get the dilemma.
For the last 2 years, I had owned a S75d, which I loved (other than the payments as it was a bit of a stretch but i loved it). Originally my intent was to buy a M3, however I purchased the MS before the M3 released expecting that the 3 was years out. When Tesla released the car early, I wasn't able to get out of my MS because I would have to return the original $14k rebate I received on my S.
A couple months ago, right before the new federal rebate, I made a bold move to try and reduce my monthly payments and move into either a SR+ or LR rear wheel 3, I was also worried about the long term values on the S as they were rapidly falling with Teslas wonky price reductions and still owed quite a bit on my finance. Tesla majorly lowballed me on the trade offering me $15000 less than literally every other car dealership for my S. I ended purchasing a BMW X3 M40i, slightly used, figuring it would retain somewhat of a resale value and I could move into the 3 when the market allowed.
I picked up the BMW yesterday and absolutely HATE IT!!!! It sucks in every way that I was worried about. Its loud, oversized, clunky, and the interface is super counter intuitive. Its overly complicated feels like a truck...not my thing at all. Yesterday I was pretty down about all of it.
Now...the upside...I took my day old purchase into Tesla today for a trade value towards the M3 (which I test drove again and was reminded how awesome it is)...turns out it may not have been such a bad thing. Trading my Model S, BMW buried a lot of the negative equity, and the Teslas trade value on the X3 was shockingly way more favourable. It looks like I can buy the M3 for similar money to what this X3 is actually costing.
A few questions:
1. Is anyone here taking advantage of Tesla's 96 month financing or is that crazy talk?
2. I'm debating between the inventory SR + and one of the inventory LR RWD. The difference is $13k when you factor in the rebate, which is pretty significant. I live in a condo...no charger here, but in the building 1 over. Thoughts on whether it's worth the extra investment? My primary concerns are the range obviously, but also the live traffic feature which I used a ton on my S, and is not available on the SR
3. The only other variable,, is anyone concerned about the long term values on the 3? Tesla is flooding the market with them...more so than ever with the S. Is anyone concerned that this can potentially kill values in a few years? The company doesn't seem very concerned with preserving residuals.
Sorry for the long winded posts. A little spun here, and would appreciate any insights. My friends aren't Tesla ppl and don't really get the dilemma.