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My Model 3 buying strategy

Discussion in 'Model 3' started by Oyinko, Aug 25, 2017.

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  1. Oyinko

    Oyinko Member

    Joined:
    Mar 3, 2014
    Messages:
    44
    Location:
    San Francisco
    Hey!

    I currently have 2 Model 3 reservations for a delivery scheduled between December and February (I live in San Francisco)

    My current car (a BMW M235i) will run out of warranty in April 2018. I drive about 8500 miles per year (mostly on weekends) and I'm really excited to buy a new car.

    I would love to buy a Tesla asap but I have some constraints. The first one is that my wife and I might decide to move back to Europe at some point later in 2018, early 2019. It's absolutely not certain but that's a small possibility.

    The second is that, the car I really want to get is the M3 AWD and very likely the future Performance Model 3.

    So I'm thinking about the following strategy:
    • I buy the LR M3 and get a delivery asap.
    • If I need to move back to Europe later in 2018, I sell the LR M3 and take a loss. How much money will I lose? I'm looking at about 4K of sales taxes and something like 7% if I put 10k miles on the car. Total of 4K + 4K = 8K.
    • When I arrive in Europe, I get a delivery of a Performance Model 3 as soon as they become available in Europe.
    If I stay in San Francisco and fall in love about the Model 3 Performance, I resell the LR M3 and get a Performance M3. If not I continue to drive my LR M3.

    So the big question is, how much money will I lose if I move back to Europe or decide to get a Performance M3. Do you think they will hold their value well because they will be in high demand the first year?

    In addition, if it becomes clear that I will move or will want the Performance M3, I'm thinking I could put the Tesla on Getaround to get some money. What do you think of this option? How much could I rent it for on Getaround?

    Thanks for your inputs!
     
  2. eSpiritIV

    eSpiritIV Member

    Joined:
    Mar 24, 2016
    Messages:
    185
    Location:
    Portland, OR
    Why get the LR if you only drive 8500 miles per year? Do you mostly drive long weekend trips that could utilize the 310 miles? Most people are better off with the SR if they dont. You could then loose less money when you resell to get your LR Performance AWD when it comes out.
     
    • Like x 1
  3. Krugerrand

    Krugerrand Well-Known Member

    Joined:
    Jul 13, 2012
    Messages:
    5,492
    Location:
    California
    You're going to be quite early in the queue and the car is sold out now for most of 2018. By the time you get your car it'll be sold out well into 2019, so I think your losses will be less than you think. Regardless, I think you should take one for the team and never mind any losses if you move to Europe. Your money is going to a good cause.

    I can hardly wait to get my 3. I'm going to drive that puppy like a stole it!
     
  4. SageBrush

    SageBrush Active Member

    Joined:
    May 7, 2015
    Messages:
    4,363
    Location:
    Colorado
    Buy the car you want, and if you move to Europe either sell or ship it.
     
  5. Tiger

    Tiger Member

    Joined:
    Oct 31, 2016
    Messages:
    412
    Location:
    Estonia
    In 2019 you could get the MY.
     
  6. cronosx

    cronosx Member

    Joined:
    Jun 1, 2016
    Messages:
    213
    Location:
    Italy
    ship is a solution.. the american tesla are not compatibile in europe
     
  7. SageBrush

    SageBrush Active Member

    Joined:
    May 7, 2015
    Messages:
    4,363
    Location:
    Colorado
    Ah .. I think you are right. I forgot about the different plugs
     

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