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

Must sell my 2018 Model X 75D asking $79,500

Discussion in 'Tesla for Sale' started by 3inthebed, Jul 25, 2018.

  1. 3inthebed

    3inthebed New Member

    Joined:
    Jul 25, 2018
    Messages:
    1
    Location:
    Vancouver, WA
    Help! Any advice on how best to sell my X. It was delivered in April this year for my wife's birthday but we want to downsize to a Model 3 and must sell this first. Like brand new with only 7k miles. Ready to sell but firm on price of $79,500. This is like buying the car and getting the upgraded paint and enhanced autopilot free. Located in Vancouver Washington so easy delivery to anywhere on the west coast from Northern California to Vancouver BC. Any advice or serious buyers are welcome. Thank you Tesla family! Text or call me 8016617886. York
     

    Attached Files:

    • Informative x 1
  2. Plan B

    Plan B Active Member

    Joined:
    May 8, 2015
    Messages:
    3,789
    Location:
    Portland, OR
    There is a For Sale section on this site.
     
    • Like x 4
  3. tpham07

    tpham07 Active Member

    Joined:
    Mar 21, 2017
    Messages:
    1,830
    Location:
    Baton Rouge
    Does anyone wanna tell him?
     
    • Funny x 2
  4. dethman

    dethman Member

    Joined:
    Apr 19, 2018
    Messages:
    406
    Location:
    socal
    So your cost was $79,200 after the tax credit. After driving 7,000 miles it appreciated $300. Nice.
     
    • Funny x 7
  5. rocketshipp85

    rocketshipp85 Member

    Joined:
    Dec 3, 2016
    Messages:
    444
    Location:
    MD
    It appreciated even more if he got a state incentive. Seems like a great deal;)
     
  6. phtp

    phtp Member

    Joined:
    Apr 21, 2018
    Messages:
    220
    Location:
    Vancouver
    Vancouver, BC or anywhere in Canada is out. We can't import Tesla's into Canada :(
     
  7. P85_DA

    P85_DA Supporting Member

    Joined:
    Apr 25, 2015
    Messages:
    2,877
    Location:
    CA
    ;);););););):eek:
     
  8. welcomewagon

    welcomewagon Member

    Joined:
    Aug 3, 2017
    Messages:
    168
    Location:
    Dallas, TX
    Devil's advocate here. I get why everyone tries to factor in the tax credit to say that you didn't really pay that much, but that doesn't really make sense does it? You still bought an item worth x amount of dollars, regardless of whether someone gives you a rebate for part of it or not.

    Take the Model X for instance. People are claiming business use of the vehicle and essentially writing off 50% of the purchase price. If someone tried to sell a $120k 100D, would you be all upset and only offer them $60k?
     
    • Like x 2
  9. Plan B

    Plan B Active Member

    Joined:
    May 8, 2015
    Messages:
    3,789
    Location:
    Portland, OR
    Anyone from this site or anyone familiar with Tesla that buys a fairly new Tesla will want the tax credit deducted. It's just a fact.
     
    • Like x 4
    • Disagree x 1
  10. P85_DA

    P85_DA Supporting Member

    Joined:
    Apr 25, 2015
    Messages:
    2,877
    Location:
    CA
    In general if folks place a “for sale” on a Tesla forum they will definitely get some critical feedback :eek: on price ...as folks know the cars here ...not knocking the OP for trying but he will have better luck trying to attain that price elsewhere :oops:;)
     
  11. robby

    robby Member

    Joined:
    Aug 25, 2014
    Messages:
    573
    Location:
    Andover, MA
    It's not that folks are upset; it just doesn't make any economic sense for a buyer to pay OP's asking price when they can get the same tax credit that OP got on a new vehicle. The X example is different -- not everyone owns a $100k/year+ business that can buy the vehicle and use the write-off, so there is a genuine arbitrage opportunity there.
     
    • Love x 1
  12. tpham07

    tpham07 Active Member

    Joined:
    Mar 21, 2017
    Messages:
    1,830
    Location:
    Baton Rouge
    Its not about the offer. Its about the fact someone can buy a brand new Model X with that same exact configuration for less money, especially with the tax credit. So why someone would pay more money for a used car is baffling.
     
    • Like x 5
  13. dethman

    dethman Member

    Joined:
    Apr 19, 2018
    Messages:
    406
    Location:
    socal
    Technically they would have to claim the 50% as recaptured income and be taxed on it if they sold it right away as they didnt keep it for 5 years.

    Also since the credit is still available to everyone you can buy new for the same price or less. So the actual value of a new car is 7500 less than msrp. At least until the end of the year. So why would someone buy used for same .
     
  14. mattack4000

    mattack4000 Member

    Joined:
    Oct 1, 2017
    Messages:
    956
    Location:
    CA
    All it takes is one sucker
     
    • Love x 2
  15. chilman408

    chilman408 Member

    Joined:
    Sep 25, 2016
    Messages:
    151
    Location:
    94041
    Doesn't sound like a 'must sell' to me...
     
  16. outie

    outie Active Member

    Joined:
    May 22, 2016
    Messages:
    2,361
    Location:
    SoCal
    Unfortunately this is how the used market goes for Tesla. We actually learned that from Tesla itself as they'd gladly take back your 1-day old new car by deducting 7500 at minimum if you decided to trade in to get the latest and greatest. They are very upfront about this deduction whenever they have to "buy" a Tesla.
     
  17. zackmilo

    zackmilo 2.2M+ Youtube views on my Model 3

    Joined:
    Nov 25, 2015
    Messages:
    1,410
    Location:
    Los Angeles, CA
    If by chance this is a mislabeled P100D, Ill take it!
     
    • Funny x 3
  18. testarossa

    testarossa Member

    Joined:
    Jul 11, 2018
    Messages:
    14
    Location:
    arizona
    That section 179 "loophole" is a slippery slope, and an invitation for the IRS to start snooping. Bonus depreciation is $25k on the first year and god forbid you decide to sell your Tesla in a year or two and you'll be hit with depreciation recapture. Point being people can claim whatever they want on their tax returns, but upon a red flag audit you'll need to substantiate your business use and miles.
     
  19. skreemer7

    skreemer7 Member

    Joined:
    May 3, 2017
    Messages:
    63
    Location:
    Dallas
    Advice would be to price it $10k lower if it is a must sell. You're also competing with CA $2500 credit.
     
    • Informative x 1
  20. KCapital

    KCapital Member

    Joined:
    Dec 7, 2017
    Messages:
    108
    Location:
    NJ
    Supercharging is not transferable. That itself is $2.5K value gone for new buyer.

    One can order brand new Model X now included Premium Upgrade Pkg + EAP for $88K - 7.5K tax rebate = $80.5K with no miles on it.

    So for $1K extra, new buyer will get a brand new car with latest MCU2 + Free Super Charging + Premium Pkg Upgrade + Full tire threads + Full Warranty + less than 50 miles.

    You have priced it quite high.
     
    • Love x 1

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