$45k income and bought a $80k OTD vehicle?
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Tesla Model 3 Performance value at CarMax - appraisal lower than expected!
- Thread starter Halloween81
- Start date
$45k income and bought a $80k OTD vehicle?
Impactwrench
Member
why?
im guessing "around 45k" is more like 43000. minus 12000 std deduction = 31000 taxable income filing single is a 12% tax bracket
10% on the first 9525 = $952.50
12% on the rest 21475 = $2577
total tax bill $3529.50 with no other credits/deductions which he may have had
It's called saving up money, i don't live check by check
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People still do that?
How quaint.
You should run for office. It would be a refreshing change in government spending habits.
That’s what jumped out at me too. Unless the OP is retired with 7+ figures in savings, and controlling the income that savings is generating, I can’t imagine a financially sound justification buy an $80k depreciating asset on a $45k income.
There is nothing in the VIN to identify it as a performance model...
Relax. Carmax and the likes always give low offers. It's actually in line with what Tesla offered me. They offered me $43k for my two month old DM non P w/ 1500 miles (in which I bought for $57k or $64k otd). I sold it privately two days later for $52k. If you want to sell your car, do it privately.
I’ve sold cars to Carmax in the past for private party valuations.
I’ve verified the valuation by attempting private party sale at the same time.
I don’t think Carmax handles Tesla’s very well so the lower offers reflect the arbitrage difficulties they have on converting the purchase. They have to SELL it after buying it.
Thanks for the info.. I actually have it on eBay as we speak and I have a few bids already going for $42,000, so far so good
Hello everyone I decided to appraise my 2018 Tesla Model 3 Performance....I took delivery December 22nd 2018, the car has exactly 7493 miles on it with pearl white exterior color, white leather interior fully loaded with enhanced autopilot.... the car price is $73,200 with destination doc fee included and my down payment of $35,000 and CarMax has appraised me with offering me ($47,000) WTF!!!...this can't be right I only had a car for 2 months with only 7,000 miles and the car is fully loaded performance and I'm losing ($23,700)??? Please tell me this is wrong?? If soo I'm furious!!!
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dhrivnak
Active Member
Remember to knock off the $7500 tax credit that the next driver can’t file for. So the difference of $16,000 is not quite as bad and you will always make more, but have more hassle if you sell yourself.Hello everyone I decided to appraise my 2018 Tesla Model 3 Performance....I took delivery December 22nd 2018, the car has exactly 7493 miles on it with pearl white exterior color, white leather interior fully loaded with enhanced autopilot.... the car price is $73,200 with destination doc fee included and my down payment of $35,000 and CarMax has appraised me with offering me ($47,000) WTF!!!...this can't be right I only had a car for 2 months with only 7,000 miles and the car is fully loaded performance and I'm losing ($23,700)??? Please tell me this is wrong?? If soo I'm furious!!!
If what I'm reading here is true, and Carmax is unable to identify trim, then theoretically, I should be getting a 47k appraisal for my "2018 Model 3 4DR Sedan" (LR RWD) as well, which for me would be a steal of a deal. I paid 56k for it and will be eligible for the full 7500 credit refund. I didn't pay sales tax because it doesn't exist in NH. So I'd be out $1500.
If I didn't get EAP, I'd be pocketing money at 47k.
If I didn't get EAP, I'd be pocketing money at 47k.
Furious that he/she already posted this in at least 1 thread and got schooled. Apparently didn’t like the answer. But getting it again.Who are you furious at?
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