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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JeffK
Well-Known Member
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
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.
I imagine like many new cars with high demand there will be folk who are flipping the cars.
JeffK
Well-Known Member
I'd probably sell mine if I was offered $100k in cash 
MatildaModelY
Active Member
JeffK
Well-Known Member
They aren't transferable without permission from Tesla
MatildaModelY
Active Member
KrenGrl
Banned
You can take ownership of the car and then private sell it
KrenGrl
Banned
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.
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
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.
KrenGrl
Banned
From your posting, I assume a "flipper" is a person who buys a car with expectation that it will be resold at a profit ???
MatildaModelY
Active Member
They specifically buy a car with the sole intention of making a quick profit.
KrenGrl
Banned
Ok, I got it. Thanks. To me, a common term is "empirical law, but likely not to others.
U can't take the tax credit and turn around and sell it.
cdub
OG 2011 Leaf / 2023 Model Y LR
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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