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Resale values plummeted
- Thread starter 1plavs
- Start date
preilly44
Member
My wife's Tesla trade in offer expired on 1/28 (valid from 12/28-1/28). I was surprised to see that even with more miles the value went UP. 2020 YP white ext, black int, with FSD, 8k miles, $69,975 (trade in offer).
Mr. Wonderful
Member
I sold my 2021 Y LR on Jan. 8th for $62k. Had only 1.2k miles. Purchased May 1
for $50,490 + shipping and taxes. Out the door for $55k.
I had an offer from an online buying company for $65k a week before,
but I procrastinated, thinking prices may keep rising. When I noticed they
were declining, I decided to sell. I figured I could get a '22 model for about $2k
more out the door. In my opinion, I made the right decision.
Of course, I must wait until my EDD of May 12 - June 9 arrives.
And now I get the metallic gray for free (mine was white/black).
for $50,490 + shipping and taxes. Out the door for $55k.
I had an offer from an online buying company for $65k a week before,
but I procrastinated, thinking prices may keep rising. When I noticed they
were declining, I decided to sell. I figured I could get a '22 model for about $2k
more out the door. In my opinion, I made the right decision.
Of course, I must wait until my EDD of May 12 - June 9 arrives.
And now I get the metallic gray for free (mine was white/black).
SageBrush
REJECT Fascism
I sold my 2018 Model 3 LR (no Tesla extras) to Carmax in December for $43.2k. This past month the offered prices have remained steady at about $46k for similar models. If the price offers are dropping, I would take it to mean that CarMax thinks it has enough inventory for now. When CarMax et al. lower their prices, then we will know that the supply/demand has turned the corner.
hold
Member
Going to carmax tomorrow will update on what they say.
Carvana- 43k
Dealership- 44k
Tesla- 38k
2021 Model 3 Sr+ 1k miles
Carvana- 43k
Dealership- 44k
Tesla- 38k
2021 Model 3 Sr+ 1k miles
Mr. Wonderful
Member
hold
Member
I sold my '21 MY LR AWD with 15,000 miles for $62,500 a few weeks ago to a dealer in TN. Bought it a year ago in Nov for $54,000. Awaiting MYP from Austin.
I think all the talk about Berlin and Austin cranking out MYs with all the toys, has definitely impacted the crazy-priced MY market. The confirmation of the 4680 being used has also had an impact. I would guess 80% of MY buyers investing $60-70k in a new vehicle will wait for the 4680 Y. I will.
The new Model Y with all the upgrades is a TOTALLY re-designed vehicle. New 4680s, mega casts, new battery tray, laminate glass on all four windows, a new console, heated steering wheel, better fit, better paint, better range (perhaps), better handling, better performance, AMD computer, and much, much more. As they have said, the 2022 MY will be the most advanced electric vehicle ever made, and it will be in demand all over the world. That is why I ordered one on 26 Nov. 21 and will not accept anything less. I have had one of each S3XY teslas. I had two Model Xs and short of the raw power, I like the Model Y better. I am getting too old for all of that power anyway. Hey, I was the only guy at the race track with a handicapped sticker! MYP 0-60 in 3.5 is plenty. Would love air suspension and a new color, but, hey you can't have it all and that could take another year.
Which dealer if I may ask and do they purchase MY’s nationwide?
El joe
Active Member
Same. Three weeks ago, I was looking at $63k offers. Now I’m around $58-59k for my 2020 MY LR w/FSD.
Destiny1701
22’ M3LR ‘DrkNite’/ 22’ MYP BliueRocket
Enter the universal dilemma. I have an MYP set for delivery in March but likely too early for 4680/cast. Argh…there is no data to suggest 4680 will start until after Q2 for regular production. Hmm
Musk announced in the earnings call that vehicles coming out of Austin will have 4680s which have to go into the new frame-like battery box, which is connected to the new casts. Power train chief also said there is no constraint of 4680s.
The question becomes, will your MYP come out of Austin. Let's hope so!
However, IMHO, I think Austin and Fremont will produce vehicles with like configurations.
The question becomes, will your MYP come out of Austin. Let's hope so!
However, IMHO, I think Austin and Fremont will produce vehicles with like configurations.
hold
Member
carmax 42k
Carvana 43k
vroom 44k
dealership- 47k
call around seems dealerships will offer more than the online shops
Carvana 43k
vroom 44k
dealership- 47k
call around seems dealerships will offer more than the online shops
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