-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
selling model 3 privately
- Thread starter smashcz
- Start date
Should be the same things you would do to sell any other car privately. The only "special" thing about a tesla vs others, is making sure your own personal data is removed from the car, and removing yourself from the tesla account only after title has changed hands.
The rest is the same as you selling any other car, including whether you have title in hand or not (if you paid cash and have title much easier), getting verified funds from the buyer, etc.
The rest is the same as you selling any other car, including whether you have title in hand or not (if you paid cash and have title much easier), getting verified funds from the buyer, etc.
I'll be the first to put this out here, but you may want to look at other sites besides this one to post... Lots of trolls under the bridge here to bash the post and have no interest in purchasing. So if you do, make sure you have a thick skin or they will eat you alive...(although you will enjoy may free sales bumps) 
Actually, last time I sold a car in a private sale, I preferred to do the deal at HIS bank. With all the fake checks, that’s the easiest way to be sure it was real, funded, and wouldn’t bounce (I also insisted on a cashiers check).
I'll be the first to put this out here, but you may want to look at other sites besides this one to post... Lots of trolls under the bridge here to bash the post and have no interest in purchasing. So if you do, make sure you have a thick skin or they will eat you alive...(although you will enjoy may free sales bumps)
This is absolutely true. I would also recommend against trying to sell a tesla here on TMC. Looking at your join date here of the middle of last year, I can tell you that its a LOT better in that section than it used to be, before you started here (if you can even believe that). Im not saying its good, or even "ok", just that it was 100 times worse (with people who hung out in that section pretty much only to bash the pricing on a used tesla unless it was basically the lowest anyone had ever seen).
I'm thinking about selling my 2019 SR+ with Autopilot privately and then buying a used Long Range with FSD out of the Tesla certified pre owned inventory. I was surprised that the pricing is almost the same as what I could sell my SR+ for.
It's a little bit of a hassle, but I would gain a LR battery and charger, FSD, an extended warranty, and potentially lower miles.
Is there a downside to this plan?
It's a little bit of a hassle, but I would gain a LR battery and charger, FSD, an extended warranty, and potentially lower miles.
Is there a downside to this plan?
taxes depending on state, and no guarantee on how the other car was treated. Charged to 100% daily? Door dings? Etc.
rbob
Member
Yes, Taxes. You will be paying full taxes on the new purchase.At least here in Canada, on a trade in for example, you only pay the taxes on the difference between your old one and the new one.If you sell the old one for cash, not only do you pay taxes on that amount when you buy newer but the government collects the same amount again from the buyer of your old car. We are talking 5 or 6 thousand dollars here.
It depends on the state. In California, trading in a car has no bearing on the sales tax of a new one. You pay the full amount of sales tax no matter what.
I'd never even heard of what you're describing until I moved to WA state.
What New Car Fees Should You Pay? | Edmunds has a chart. OP should check their state under "trade-in sales tax credit?"
Smart. Also, notaries are there to do title transfers, etc.
SageBrush
REJECT Fascism
The buyer cut a cashiers check right in front of me at the bank. We had the same CHASE. So it was easy.
SabrToothSqrl
Active Member
Definitely get a cashiers check from the buyers bank (preferably in person with the buyer). If the buyer meets you elsewhere with a fake cashiers check and you give them the car and deposit the check, your bank could claw back the funds later when/if it is found to be fake.
Don't forget to file the required DMV form "Notice of transfer and release of liability". You will need buyers contact info / address to fill out the form. Link: Notice of Transfer and Release of Liability - California DMV
Don't forget to file the required DMV form "Notice of transfer and release of liability". You will need buyers contact info / address to fill out the form. Link: Notice of Transfer and Release of Liability - California DMV
This sounds smart. Do you have to have the title (and vehicle paid off) when you meet them? Or do they then follow you to your bank where you deposit the check and then obtain the title?
Last edited:
