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:
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!
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.
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!