Need guidance on a new Tesla that I do not need

[Soullancer]

I am sure this is another similar post and appreciate if the moderators can direct me to the right forum for it. Here is my situation, I have a new Tesla Model Y ready for pickup but I bought another EV while I was waiting for the last few months. So, I can either cancel it or I can transfer the reservation. I checked around and was told that transfer of a reservation is probably more complicated. So, a couple of additional options available now are :

1. Buy it and then sell it immediately: This basically means paying sales tax twice (myself and the buying party)
2. Co-ownership: Can I add another person to the title when purchasing the car? Does it have to be financed or can it be done if I pay cash?

I tried to get some feedback but was not successful. So, any info is deeply appreciated. And again, apologies if this is not the right forum.

 

[AutoCoutureSC]

I am sure this is another similar post and appreciate if the moderators can direct me to the right forum for it. Here is my situation, I have a new Tesla Model Y ready for pickup but I bought another EV while I was waiting for the last few months. So, I can either cancel it or I can transfer the reservation. I checked around and was told that transfer of a reservation is probably more complicated. So, a couple of additional options available now are :

1. Buy it and then sell it immediately: This basically means paying sales tax twice (myself and the buying party)
2. Co-ownership: Can I add another person to the title when purchasing the car? Does it have to be financed or can it be done if I pay cash?

I tried to get some feedback but was not successful. So, any info is deeply appreciated. And again, apologies if this is not the right forum.

To be honest, I wold try to sell or transfer reservation. Don't deal with the headaches unless you know you have a buyer. And I don't recommend doing co ownership. Not for anyone.

I'm on the same boat. I purchased a MYP, and 2 weeks later my ford lightning came in. Used car market isn't as strong as say, a month ago. Unless you have a Model Y long range, i would transfer reservation

 

[Soullancer]

So I do have MYLR.. Does that make a difference?

 

[whydontwe]

Co-ownership does not look like a good idea. Transferring the reservation seems like the best option here or simply eating the $250. Flipping might work too, but you'll need to float the money until you sell it in the secondary market. Flipping it depends on your order price - if it's too high, then you'll probably lose money. For transferring the reservation, did you enter your registration details?

 

[whydontwe]

You can also put the order on hold to take some time to think about it. They will release the VIN.

 

[Soullancer]

You can also put the order on hold to take some time to think about it. They will release the VIN.

I have not entered any license info.. Only selected delivery appointment. Does this mean I can transfer the reservation?

 

[fighton25]

I have not entered any license info.. Only selected delivery appointment. Does this mean I can transfer the reservation?

message me, i can help

 

[RChh]

Hello, I have a fiend looking to buy MYLR. What color is the car and what state are you in?

 

[RChh]

Hello, I have a fiend looking to buy MYLR. What color is the car and what state are you in?

 

[saj070]

I am very interested let me know please

 

[saj070]

message me, i can help

Hi if you know exactly how it is done then please post it good to know because I am in the market willing to pay to take their reservation

Would love to know the exact process so us newbie don't get scam

Thank you again

 

[The T-man]

Transfer

 

[saj070]

Transfer

Thank you
This is a safe process? Anything I need to look out for.
Just want to be safe and not get scam and both parties happy

Thanks

 

[whydontwe]

Plenty of resources here like Reservation Transfer Technicalities

Some of have been burned on both ends, as buyer or seller. If buyer, you get screwed for example by getting denied on delivery day because the registration details don’t match the OA or MVPA details. Or, you buy one and the registration details can’t be changed. Technically it is against Tesla policy .