TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC
Start a Discussionhttps://teslamotorsclub.com/tmc/tags/

Interested in Selling Model 3?

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

Tags:
  1. JamesL6

    JamesL6 Member

    Joined:
    Mar 13, 2017
    Messages:
    29
    Location:
    Pennsylvania
    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!
     
    • Funny x 7
  2. JeffK

    JeffK Well-Known Member

    Joined:
    Apr 27, 2016
    Messages:
    5,384
    Location:
    Indianapolis
    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
     
    • Like x 2
    • Helpful x 1
  3. JamesL6

    JamesL6 Member

    Joined:
    Mar 13, 2017
    Messages:
    29
    Location:
    Pennsylvania
    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

    Joined:
    Jan 20, 2016
    Messages:
    4,634
    Location:
    Norco, CA
    I imagine like many new cars with high demand there will be folk who are flipping the cars.
     
    • Like x 1
  5. JeffK

    JeffK Well-Known Member

    Joined:
    Apr 27, 2016
    Messages:
    5,384
    Location:
    Indianapolis
    I'd probably sell mine if I was offered $100k in cash :)
     
    • Like x 3
    • Funny x 3
  6. 901page

    901page New Member

    Joined:
    Apr 15, 2017
    Messages:
    3
    Location:
    California
    How much do you think someone can sell their very early reservation/spot # for?
     
  7. JeffK

    JeffK Well-Known Member

    Joined:
    Apr 27, 2016
    Messages:
    5,384
    Location:
    Indianapolis
    They aren't transferable without permission from Tesla
     
    • Like x 3
  8. acentre

    acentre Member

    Joined:
    Jul 27, 2012
    Messages:
    85
    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

    Joined:
    Apr 15, 2017
    Messages:
    3
    Location:
    California
    Let's just say we won't worry about that. $?
     
  10. KrenGrl

    KrenGrl Member

    Joined:
    Apr 15, 2017
    Messages:
    43
    Location:
    San Ramon, CA
    Is that even possible with the model 3 ? Or is Tesla preventing that?
     
  11. JamesL6

    JamesL6 Member

    Joined:
    Mar 13, 2017
    Messages:
    29
    Location:
    Pennsylvania
    You can take ownership of the car and then private sell it
     
    • Like x 3
  12. KrenGrl

    KrenGrl Member

    Joined:
    Apr 15, 2017
    Messages:
    43
    Location:
    San Ramon, CA
    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

    Joined:
    Mar 13, 2017
    Messages:
    29
    Location:
    Pennsylvania
    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
     
    • Like x 5
  14. McRat

    McRat Active Member

    Joined:
    Jan 20, 2016
    Messages:
    4,634
    Location:
    Norco, CA
    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.
     
    • Like x 1
  15. KrenGrl

    KrenGrl Member

    Joined:
    Apr 15, 2017
    Messages:
    43
    Location:
    San Ramon, CA
    From your posting, I assume a "flipper" is a person who buys a car with expectation that it will be resold at a profit ???
     
    • Like x 1
  16. 901page

    901page New Member

    Joined:
    Apr 15, 2017
    Messages:
    3
    Location:
    California
    Uhh yes. Pretty common term.
     
    • Like x 2
    • Funny x 1
  17. McRat

    McRat Active Member

    Joined:
    Jan 20, 2016
    Messages:
    4,634
    Location:
    Norco, CA
    They specifically buy a car with the sole intention of making a quick profit.
     
    • Informative x 1
  18. KrenGrl

    KrenGrl Member

    Joined:
    Apr 15, 2017
    Messages:
    43
    Location:
    San Ramon, CA
    Ok, I got it. Thanks. To me, a common term is "empirical law, but likely not to others. :)
     
    • Informative x 1
  19. Lysol

    Lysol Member

    Joined:
    Oct 22, 2016
    Messages:
    100
    Location:
    Virginia
    U can't take the tax credit and turn around and sell it.
     
    • Disagree x 2
    • Helpful x 1
  20. cdub

    cdub Future Model 3 owner / Current original Leaf owner

    Joined:
    Oct 7, 2014
    Messages:
    536
    Location:
    Glendale, CA
    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.
     

Share This Page

  • About Us

    Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.
  • Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


    SUPPORT TMC