I know that, I'm stating that if I waited for a pre-order the tax credit would already be used up, so I'm not dependent on having itYou 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.
You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
I know that, I'm stating that if I waited for a pre-order the tax credit would already be used up, so I'm not dependent on having itYou 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.
If your presumption that the tax credit will not be available to people who pre-order now is correct and the seller is just willing to swap places in line with you, they will ask for considerably more than $10,000 since they lose the credit and pay an extra set of taxes.I know that, I'm stating that if I waited for a pre-order the tax credit would already be used up, so I'm not dependent on having it
I have 3 people messaging me currently and they all feel around $3K premium for the car is good. Also, why would losing the tax credit matter to them if they are going to turn around and sell it? Putting that into an equation for a seller doesn't matter.If your presumption that the tax credit will not be available to people who pre-order now is correct and the seller is just willing to swap places in line with you, they will ask for considerably more than $10,000 since they lose the credit and pay an extra set of taxes.
Any seller with half a brain knows that any buyer before mid 2018 is willing to pay a premium possibly even higher than 3K. Buying the car just to flip it and then trying to get the tax credit would amount to tax fraud so the seller is out the credit, plus taxes.I have 3 people messaging me currently and they all feel around $3K premium for the car is good. Also, why would losing the tax credit matter to them if they are going to turn around and sell it? Putting that into an equation for a seller doesn't matter.
I have 3 people messaging me currently and they all feel around $3K premium for the car is good.
Again, I understand the situation about the tax credit and no one will be trying to claim it. Bringing up the point about transferring pre-orders isn't valid in this scenario as this is a resale. I would obviously cover the taxes and then pay a premium. You do not need to calculate the tax credit in there as that is given when you get your Tax Return and I would pay for the amount the seller paid upfront.Any seller with half a brain knows that any buyer before mid 2018 is willing to pay a premium possibly even higher than 3K. Buying the car just to flip it and then trying to get the tax credit would amount to tax fraud so the seller is out the credit, plus taxes.
1. Without permission you can't transfer preorders.
2. Any seller between now and likely the end of 2018 who sells the car immediately after purchase should be careful trying to take any tax credit, if audited, they could be found guilty of tax evasion.
3. What is in it for a seller to lose both the tax credit and taxes they'd have to pay on the car?
Therefore, for it to be an incentive for the seller it'd have to be $7500 + $3000 + taxes and that's only for a $3K profit of what they'd otherwise have and they'd be out the car and bragging rights of course.
If Tesla has a slow ramp up or starts some Canadian deliveries the US 200,000th delivery might not happen until Q1 2018 meaning full credit until the end of June 2018, partial credits through the end of 2018 and into 2019.
If you had a brand new preorder (even now) you still might be able to get a partial credit (even only $1875) and you wouldn't have to pay a premium.
Because if they reserved the car in the first place they probably want to own one. So they would have to go to the back of the line where they wouldn't get the tax credit for the next one they buy. Now if it's one of the 'I can't deal with having only a center screen' people and they have no intention of owning a Model 3, then that wouldn't apply.I have 3 people messaging me currently and they all feel around $3K premium for the car is good. Also, why would losing the tax credit matter to them if they are going to turn around and sell it? Putting that into an equation for a seller doesn't matter.
Some intended on flipping at first, some have ordered an S or an X and don't need it, others may not be in the financial means keep the car but are looking for a way to flip it. Also, $3K isn't necessarily chump change, especially for some people who are relying on the Tax Credit in order to afford the car but are now not able to regardless of it.Tell 3 people they're wrong. You, getting a Model 3 in the next 4-8 months, has exactly zero chance of happening for a $3K premium. Why, exactly, would an early reservation holder bother with the hassle of flipping one of the most anticipated cars of the decade, for a measly $3K. $3K = chump change.
Agreed, most people pre-ordering are wanting to own the Model 3, but there are others that aren't. Check my comment down belowBecause if they reserved the car in the first place they probably want to own one. So they would have to go to the back of the line where they wouldn't get the tax credit for the next one they buy. Now if it's one of the 'I can't deal with having only a center screen' people and they have no intention of owning a Model 3, then that wouldn't apply.
I'll sell mine for $52,999Agreed. With the delay of the P+D models, the possibiity of the quick flip has a much lower likelihood of happening.
1. $7500 credit cannot be taken if resold. It's quite clearly stated
2. CA is priority so ~8.5% sales tax on ave $45k car: ~4000$
3 $3000 Premium stated
So $45,000 car +7= 53$ Model 3. that's no P+D but has the rest of stuff on it. vs CPO Model S.
True, but if I was selling the car that I would otherwise have kept for myself and taken the tax credit on and now will have to replace (without the credit) I'd factor the lost $7K into it.1. $7500 credit cannot be taken if resold. It's quite clearly stated.
inAgreed. With the delay of the P+D models, the possibiity of the quick flip has a much lower likelihood of happening.
1. $7500 credit cannot be taken if resold. It's quite clearly stated
2. CA is priority so ~8.5% sales tax on ave $45k car: ~4000$
3 $3000 Premium stated
So $45,000 car +7= 53$ Model 3. that's no P+D but has the rest of stuff on it. vs CPO Model S.
Wow, that's insane! Thanks for the insightWhile living in Palo Alto during the 2000 tech boom, I sold my 3rd spot in line for a 911, for $25k. Only car I ever made money on, and I actually never owned it. $5K deposit for <3 months yielding 500+%. Stupid money.
Keep the cash in your pocket @JamesL6 , something better will be along soon after production cranks up.
It's Tesla, and you'll want it.
That sounds like a generous offer. You do realize that you will pay taxes again, right ?I wouldn't calculate the $7K into the car. The seller would already buy the car for $35K upfront, I would cover that, taxes, and then premium.
And CA registration fees and shipping......since early buyers will be in CA.I wouldn't calculate the $7K into the car. The seller would already buy the car for $35K upfront, I would cover that, taxes, and then premium.