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Sellers, do you have ppl just reach out to you tell you that you price too high?
- Thread starter dapao
- Start date
salvadorsantan
Member
I don’t usually give opinions regarding people pricing, but I took the time to research about your Model X auction trades and Im sorry to inform you that they might be right. If your asking price is $71k then it seems to be about $10k over current trending prices.
All Teslas overall (Model 3 standard range being the exemption) are trading way lower than 1-2 years ago. Reason why I sold my 2021 refreshed Model S, to avoid getting eaten alive by the depreciation rate.
This is an screenshot from Manheim trades with an average of 40k miles.
All Teslas overall (Model 3 standard range being the exemption) are trading way lower than 1-2 years ago. Reason why I sold my 2021 refreshed Model S, to avoid getting eaten alive by the depreciation rate.
This is an screenshot from Manheim trades with an average of 40k miles.
I can say the same thing to the buyers too, if you think the price is too high, ignore it and shop around. Why the seller has to take this *sugar*?
Thanks for the research. I look around all the X around, I think everyone selling X is pricing similarly. Maybe everyone is doing the same thing as I did?
salvadorsantan
Member
Are they actually selling at $71k?
Asking prices don’t set the trend, selling prices do.
Sellers can ask X amount, thing is, are they selling? So at least I can tell you is from actual sales happening at the auction and what the estimate at least on your specific model what “retail” value is, which in your specific car Im surprised to see such a close value, like $61,800 auction - $62,000 retail.
Usually a dealer will get away selling at $62k but charging dealer fees, or getting something out of the financing charges, or selling extra stuff like extended warranties, etc.
Its been a while since I don’t track sales since Im back to gas and I only kept an EV in my house (etron).
But I do have an overview of the market at least in FL and reality is that cars are sitting, new or used. Last week a local VW dealer to me had to sell about 6 of their “new” used Model Y’s for $59k, all of them had 40-100 miles on the odo, all of them purchased by them at the auction back in May, and I guess since then priced high or competitively high and couldn’t sell, so most likely they decided to give up at let them go for $59k each, when the same one is at $66k from Tesla directly, of course, people jumped on them, regardless, Model Y are trending at $60k, meaning that if you go right now and buy and brand spanking nee Model Y from Tesla, when you account for taxes, fees, etc you are going to be at least $10k underwater already.
You don’t have to “take it”. Just ignore it.
Clearly it’s getting to you for some reason. Probably because your price is too high.
definitely!You don’t have to “take it”. Just ignore it.
Clearly it’s getting to you for some reason. Probably because your price is too high.
brainhouston
Active Member
Buyers either do that cause they like the car but it is priced higher from their shopping point of view or they just feel like you don't know n wanna educate u 
Sellers can set whatever price they want, if u can't sell it for a long time then u know the price is high...
In the end, its all supply/demand
Sellers can set whatever price they want, if u can't sell it for a long time then u know the price is high...
In the end, its all supply/demand
There are buyers that want something so much, but aren't willing to pay the market price. After shopping for a prolonged period of time, they get frustrated and feel compelled to tell people their prices are too high. It's nothing personal, so just thank them for their feedback or disregard it completely.
It’s like Twitter. A bunch of folks esp TMC think it’s imperative to share their dishonest opinion whether it’s asked for or not. It’s not nice or helpful. I just Ignore or block them
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