model3fan
Member
Around here they're say they'll hold car 7 days before offering it to someone else. Ymmv
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Mid Range waiting room
- Thread starter Esquire
- Start date
Correct me if i'm wrong but if you sell a car you also have to pay tax on the money that you get for it, vs a simple price reduction on the new car when you trade it. That could be different state by state. That's how I think it works but I'm not an accountant or tax attorney so take that with a grain of salt. I'm going to check with my sister-in-law who is an accountant and I can try to update when I get an answer.
My store specialist guy said they’ll be doing deliveries until midnight 12/31. I think you could push it out indefinitely. We have the same concern
It’s quite lame that I need to tweet the CEO to try to get an answer that CS should be able to provide....sigh
I was wrong:
So according to dmv.org (Your Income Tax and Selling a Used Car | DMV.ORG) you only have to report the car sale to the irs if you make a profit on it's sale. So i guess the only tax hit you would take would be if you sold your car for more than you bought it for and paying the tax on a higher purchase price if tesla does not deduct from your new car price the trade in value.
TJKR
Member
It's called micromanagement. Its what they teach at the MBA programs now.
TJKR
Member
There are currently 83 confirmed deliveries on the tracker. 83 black interior, 0 white. I am guessing they'll build the whites soon but it was Tesla's mistake to offer this at this point if they wanted to get as many cars to owners as possible. If I were you, just go with black. You can always wrap your interior and get aftermarket seats later if you really wanted. If it is any consolation... I know a guy that has a 3 year old Model X with white seats and the seats are definately not holding up.
Someone can definitely jump in here who may know better. I believe when you trade in your vehicle alongside another vehicle purchase it's not in the same boat as outright "selling" the vehicle.
I found this quote online: "If you own your car outright, the dealership will apply your trade-in amount to your new vehicle. For example, if you purchase a car for $25,000 and the dealership gives you $6,000 for your trade-in, you only need a loan for $19,000. And because the dealer knocked several thousand dollars off the final price of your automobile, you pay less in sales tax." (Source: Money Crashers)
Since dealerships do this a hundred times a week, I'm sure they could answer any direct questions for you regarding your specific situation.
theres something like 7 or 13 states that do not do this, i looked it up about a month ago. Virginia (my state) was not one of them.
It is different from state to state. For California, you still get charged sales tax on the price of the car before the trade in value is subtracted. Then whoever buys the trade-in get charged another sales/used tax. Double dipping is how CA rolls.
And don't forget the sales tax that you paid, for the car being sold, when you originally bought it!It is different from state to state. For California, you still get charged sales tax on the price of the car before the trade in value is subtracted. Then whoever buys the trade-in get charged another sales/used tax. Double dipping is how CA rolls.
Can you help me with the 3K difference between MR and LR RWD. Don't see the option on my order or edit page.
Thanks!
I believe LR RWD is off menu order now. You have to ask a sales person on the phone/email or in person.
this was an off menu item. not available anymore on the website. contact your rep
Yeah, definitely odd with that config and being a previous owner. But, sadly I think this entire process is a mystery that we will never be able to solve.
I'm in the same boatMy config. Only thing I see on my manage page behind it. It will be 4 weeks next Tuesday from the day I ordered it.
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