Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register

Model 3 (Pearl White, 842 mi, long range, premium) on ebay - no reserve. Ends Sunday 6/3

tomsla

Member
May 10, 2017
54
13
Atlanta
Yep exactly. I'm ok with market pricing and actually excited to see where it really is. My guess is it will be right around sticker but who knows.
Two people already asked me to end the auction at 48k, I said no and didn't negotiate with them, I'm going to let it run its course. Maybe someone will get a deal.
 

tomsla

Member
May 10, 2017
54
13
Atlanta
Update... auction ends this evening, in a few hours! Current bid is $44,300.

Current mileage is 848. Here is a screenshot of the tesla app showing the VIN and mileage and today's date!

And another pic in the car with my ebay userID, today's date and the VIN and mileage.

Auction link:
2018 Tesla Model 3 - Long Range - Premium Upgrade Package | eBay

model3-screenshot.jpg


model3-june3.jpg
 

skreemer7

Member
May 3, 2017
69
52
Dallas
Looks like you made up half of the tax credit. Although the state really won here since it'll get sales tax x2. Plus the new owner has to pay 1k extra for eap. Atleast you got 800 miles out of it for essentially nothing.
 

eye.surgeon

Active Member
Nov 18, 2014
1,368
2,014
California
I think one of the take-homes here with a sale price of $47k is there is no pent-up demand for this car beyond what can be met by new sales. I suspect if this listing was 6 months ago it would have sold for considerably more. Several months of negative press has had an effect.
 

Sunshine State

Automotive Enthusiast
Jul 13, 2017
1,366
1,062
Florida
51k plus sales tax - probably about 54.5 total. Minus 47k sales price just equals the full 7.5k tax credit. Doubt any money was made here.
Georgia doesn’t have sales tax on Motor Vehicles, they have a one time TAVT. There is a form to apply for a TAVT refund if they have paid the ad valorem tax. I’m not a tax attorney but guessing you aren’t either if you think they have motor vehicle sales tax in Georgia. Still if you buy a new car, use it and sell it for more than it cost you out of pocket you are doing well. He may have thought he could sell it for more but a mass production vehicle isn’t a great investment. On another note neighboring South Carolina has a max fee of only $500 on vehicle purchases hence many exporters of new luxury cars are based in SC.
 
Last edited:

Tforme

Member
Mar 30, 2017
236
182
Spring Lake Fl
No, I’m not a tax attorney. But a quick review of the Georgia title ad valorem tax (TAVT) looks like it would still apply at 7%. What is the provision for refunding it?

The real takeaway here is that the demand is not sufficient to warrent flipping a new Model 3 for a profit.
 
Last edited:
  • Like
Reactions: Olds442

Sunshine State

Automotive Enthusiast
Jul 13, 2017
1,366
1,062
Florida
No, I’m not a tax attorney. But a quick review of the Georgia title ad valorem tax (TAVT) looks like it would still apply at 7%. What is the provision for refunding it?

The real takeaway here is that the demand is not sufficient to warrent flipping a new Model 3 for a profit.
Correct, that is the takeaway. The TAVT applies but a quick Google search will show the pdf form and provisions that apply for requesting the refund. I think people overestimate the demand for an entry level EV that is priced at over $50k.
 

tomsla

Member
May 10, 2017
54
13
Atlanta
Why is everyone suddenly a financial analyst? :) I'm just trying to move the car to the next owner, not do a P&L case study audit for part-time MBA students and tax attorneys! LOL.

Anyway, I came here with an update about the car: The buyer couldn't purchase it due to legal reasons that I don't need to shift the focus to on a for sale thread, so I'm going to list it again, and likely offer a buy it now price of 49,500 or best offer instead of no reserve, because I had two private bidders that reached out and said they wanted to bid $48k range but missed the bidding deadline.
And I prefer to be able to review the offer and talk to the potential buyer, as dealers who don't have interest in keeping the car but want to flip it for more profit were hunting for a deal and bidding in the previous no reserve listing. So I'm going to relist it with buy it now and see what happens.

If you are interested and are NOT a dealer, feel free to contact me as well, and I can tell you details or run the auction just for you if we come to an agreement.

One new rule that will be posted in the next listing - NO DEALERS PLEASE - Private party buyers only!

-Tom

ps. Please help me keep the thread focused on the car listing. I'm sure analysis of price trends is an interesting topic that others would like to discuss in different areas of the forum without distracting from this thread topic. Thank you guys!
 
Last edited:

Sunshine State

Automotive Enthusiast
Jul 13, 2017
1,366
1,062
Florida
Why is everyone suddenly a financial analyst? :) I'm just trying to move the car to the next owner, not do a P&L case study audit for part-time MBA students and tax attorneys! LOL.

Anyway, I came here with an update about the car: The buyer couldn't purchase it due to legal reasons that I don't need to shift the focus to on a for sale thread, so I'm going to list it again, and likely offer a buy it now price of 49,500 or best offer instead of no reserve, because I had two private bidders that reached out and said they wanted to bid $48k range but missed the bidding deadline.
And I prefer to be able to review the offer and talk to the potential buyer, as dealers who don't have interest in keeping the car but want to flip it for more profit were hunting for a deal and bidding in the previous no reserve listing. So I'm going to relist it with buy it now and see what happens.

If you are interested and are NOT a dealer, feel free to contact me as well, and I can tell you details or run the auction just for you if we come to an agreement.

One new rule that will be posted in the next listing - NO DEALERS PLEASE - Private party buyers only!

-Tom

ps. Please help me keep the thread focused on the car listing. I'm sure analysis of price trends is an interesting topic that others would like to discuss in different areas of the forum without distracting from this thread topic. Thank you guys!
I’m not a financial analyst or tax attorney. This is a forum that readers discuss issues on and that is the peril of listing items for sale on it. Buying a car for resale profit is an actual business and tax paying individuals may look down on amateurs that try to take advantage of tax incentives for profit.
 

Qbenjamin

Frugal But Classy!
Jan 7, 2017
1,149
684
Bravos
Am I too cynical or does this really mean that the seller had a shill bidder trying to drive up the price ... and the shill ended up "winning"?
I had a buyer ending up flaking out on one of my eBay vehicle auctions a few years ago. Supposedly, it happens more times than not.
 

ArizonaP85

Member
Apr 6, 2017
265
430
Phoenix
But OP didn't say that the bidder flaked out; he blamed "legal reasons."

What "legal reason" could possibly prevent a real buyer from buying a lawful product from a real seller?
 
  • Disagree
Reactions: tomsla

Qbenjamin

Frugal But Classy!
Jan 7, 2017
1,149
684
Bravos
But OP didn't say that the bidder flaked out; he blamed "legal reasons."

What "legal reason" could possibly prevent a real buyer from buying a lawful product from a real seller?
Could be in the same context. eBay auctions for vehicles are not legally binding contracts...
 

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
Top