So I already got my Model Y and now it's time to sell the Model 3. My parents purchased the Model 3 about 4 years ago in 2018 of Dec. And they are the ones who want to sell it right away and they don't want to wait around because the value may go down the more months we wait. I'm not sure if they are right, I thought if the tax incentive that expires March 31 went away, and the tax was lower or non existent, then used Teslas should have higher asking prices. But they said that will not happen.
Right now Car Max is offering $22500 for a white 2018 long range Model 3 with autopilot. 98684 miles as of now, so nearly 100k miles. They stated this is a high mile car and alot of Tesla they get have less miles.
One my friends now says he is serious about buying my used Model 3 at the Carmax price, which I don't mind, but he needs to act on it within a week. He said he will put a $5000 deposit first, we will go on our trip, when we come back, he pays the rest. He says its for his GF who is moving from Korea to USA to live in with him and she needs a car, and I believe the GF is the one who will ultimately buy it. But my parents do want that deposit or they will just go to car max at any moment and just sell the car.
I wanted to keep the Model 3 a little longer for sentimental value and so I can drive it up to 100k miles. But it's likely not going to happen if my parents are rushing to sell it. They do not like the idea of one person being with two cars, so that old car just gotta go get its money. If their logic is correct I'll just take the money and sell it sooner than let it lose value when its not being used. I wanted to wait like another 1-2 years for a refreshed Model Y and put more miles on the Tesla Model 3 but then the Model Y price cuts & tax incentive happened.
Another idea is to keep it around and then make money when Robotaxi happens. Or rent it out on car renting apps (which I have no experience with) But I don't know if it's worth gambling a guaranteed $22500 from Carmax and letting the car depreciate further.
Also the warranty I have is until 2026 or 120k miles, so does that mean at 100k on the car, there is approx 20k miles left under warranty?
Right now Car Max is offering $22500 for a white 2018 long range Model 3 with autopilot. 98684 miles as of now, so nearly 100k miles. They stated this is a high mile car and alot of Tesla they get have less miles.
One my friends now says he is serious about buying my used Model 3 at the Carmax price, which I don't mind, but he needs to act on it within a week. He said he will put a $5000 deposit first, we will go on our trip, when we come back, he pays the rest. He says its for his GF who is moving from Korea to USA to live in with him and she needs a car, and I believe the GF is the one who will ultimately buy it. But my parents do want that deposit or they will just go to car max at any moment and just sell the car.
I wanted to keep the Model 3 a little longer for sentimental value and so I can drive it up to 100k miles. But it's likely not going to happen if my parents are rushing to sell it. They do not like the idea of one person being with two cars, so that old car just gotta go get its money. If their logic is correct I'll just take the money and sell it sooner than let it lose value when its not being used. I wanted to wait like another 1-2 years for a refreshed Model Y and put more miles on the Tesla Model 3 but then the Model Y price cuts & tax incentive happened.
Another idea is to keep it around and then make money when Robotaxi happens. Or rent it out on car renting apps (which I have no experience with) But I don't know if it's worth gambling a guaranteed $22500 from Carmax and letting the car depreciate further.
Also the warranty I have is until 2026 or 120k miles, so does that mean at 100k on the car, there is approx 20k miles left under warranty?
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