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Interested in Selling Model 3?

Discussion in 'Model 3' started by JamesL6, Apr 15, 2017.

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  1. JamesL6

    JamesL6 Member

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    I'm looking for anyone that is an early reservation holder that is considering selling their Model 3. Looking to get a new car in the next 4-8 months and the Model 3 is my current choice. Thank you!
     
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  2. JeffK

    JeffK Well-Known Member

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    It's in your best interest to pre-order one and get a junker between now and then or a Nissan Leaf, I heard those are becoming dirt cheap.

    If you get a reservation holder to sell you their car they will likely take the tax credit and sell the car to you for a premium, meaning if you were to pay $3000ish impatient tax above the brand new price and considering the owner would get the $7500 tax credit, you'd be out over $10,000 since you forgot to reserve one last year.

    That or look for a used Model S, here's a few in a similar price range to Model 3.
    Pre-Owned Model S | Tesla
     
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  3. JamesL6

    JamesL6 Member

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    Thank you for your reply! I was already expecting to pay a base of $35K for the car as the tax credit would definitely be taken up by then if I waited for the pre-order. I'm looking to spend around $45K for the Model 3.
     
  4. McRat

    McRat Active Member

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    I imagine like many new cars with high demand there will be folk who are flipping the cars.
     
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  5. JeffK

    JeffK Well-Known Member

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    I'd probably sell mine if I was offered $100k in cash :)
     
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  6. 901page

    901page New Member

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    How much do you think someone can sell their very early reservation/spot # for?
     
  7. JeffK

    JeffK Well-Known Member

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    They aren't transferable without permission from Tesla
     
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  8. acentre

    acentre Member

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    I am sure, once the final production information is released, the wait for delivery times will increase rapidly. I would place a deposit as soon as possible. No one I know is cancelling their orders....
     
  9. 901page

    901page New Member

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    Let's just say we won't worry about that. $?
     
  10. KrenGrl

    KrenGrl Member

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    Is that even possible with the model 3 ? Or is Tesla preventing that?
     
  11. JamesL6

    JamesL6 Member

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    You can take ownership of the car and then private sell it
     
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  12. KrenGrl

    KrenGrl Member

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    Ok, that sounds awkward. I am not sure why someone would take ownership, pay taxes, etc, and then sell it to me........ probably at a loss. I was thinking more along lines that I could buy someone else's reservation.
     
  13. JamesL6

    JamesL6 Member

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    You can't transfer reservations unless granted by Tesla. You wouldn't sell the car at a loss, you would sell it at profit as a seller
     
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  14. McRat

    McRat Active Member

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    People can make a lot of money or lose their ass trying to flip 'hot' cars. Usually it only occurs for limited edition cars.

    Some folk were trying to make 6 or more reservations which was stopped, and there's a lot of folk who reserved 2 cars.

    I'll bet a portion of those folk are 'flippers'. I'm going to guess 90% of them lose or break even. The car is too inexpensive for it to be worth it.
     
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  15. KrenGrl

    KrenGrl Member

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    From your posting, I assume a "flipper" is a person who buys a car with expectation that it will be resold at a profit ???
     
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  16. 901page

    901page New Member

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    Uhh yes. Pretty common term.
     
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  17. McRat

    McRat Active Member

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    They specifically buy a car with the sole intention of making a quick profit.
     
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  18. KrenGrl

    KrenGrl Member

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    Ok, I got it. Thanks. To me, a common term is "empirical law, but likely not to others. :)
     
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  19. Lysol

    Lysol Member

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    U can't take the tax credit and turn around and sell it.
     
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  20. cdub

    cdub Future Model 3 owner / Current original Leaf owner

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    You won't get the tax credit if you get it in a private sale. It'll be a "used" car then. No credit on used cars.
     

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