The party may be over as regards resale values..

[JonB]

Just for fun I've been on Cazoo and WBAC to see what my Dec 2021 M3LR is now worth. I expected it to be more than I paid due to the waiting lists and general used car madness that we are seeing, but no! For this car with 1100 miles and showroom condition, it is £47k from WBAC and - shock, horror! - £45900 from Cazoo. Had it been more than I paid I might have sold it and ordered another one so as to get the Ryzen infotainment processor and marginally improved range..

Good job I'm not really selling it, then!

 

[btc1k]

What waiting list?

 

[JonB]

Just checked tesla.com, M3 deliveries are quoted as March 2022 for all variants - that's up to 10 weeks - counts as a "wait" to me. There are people who want it now now now, these are the folk driving the "nearly new" used car market IMHO. Or not, as my OP shows!

 

[jsteele]

Check out tesla-info.com for some more data points on this:

2021 Model 3 Long Range AWD Depreciation in GB

2021 Tesla Model 3 Long Range AWD values based on real depreciation curves in GB

tesla-info.com

Very much looks like 2021 M3LRs are continuing to hold their value really well!

 

[rincewind]

You should see the waiting list for the new BMW i4 - 6 months +

 

[Jason71]

I think expecting a anyone let alone a broker like those guys to pay more than the new price of a car with 10weeks delivery from new is a bit unrealistic even in these times.
Not saying its never happened but surely there cant be that many people prepared to pay thousands over list for a mildly used car to avoid a 10 week wait.
If so then Amazon Prime has a lot to answer for.

 

[Mrklaw]

Just checked tesla.com, M3 deliveries are quoted as March 2022 for all variants - that's up to 10 weeks - counts as a "wait" to me. There are people who want it now now now, these are the folk driving the "nearly new" used car market IMHO. Or not, as my OP shows!

May for the basics. Don't know why but Tesla defaults to 19" wheels which are march. RWD with 18" Aero in white is May.

 

[candida]

My 20, 11k M3P is now down to 46k WBAC. From 51k - what I paid as inventory stock in September 20 - before Christmas

It's still not even the 10%+ you could historically expect from driving off the forecourt...

 

[Rooster6655]

Just checked tesla.com, M3 deliveries are quoted as March 2022 for all variants - that's up to 10 weeks - counts as a "wait" to me. There are people who want it now now now, these are the folk driving the "nearly new" used car market IMHO. Or not, as my OP shows!

More a delivery date than a wait list, anyone who orders one now unless there is a massive unexpected order will get theirs in March.

6% depreciation for a 2 month car is fairly good, mine after 30k miles has depreciated less than 10% in just over 2 years based on the recent trade in price I received but it did include the 3.5k grant at the time.

 

[JIBYC]

Last week Tesla offered me a trade in for 1760GBP less than the purchase price for my 2019 P3-.

Thats 3.5% depreciation in over 2 years.

 

[Mr H]

My LR is six months old, done 7K and motorway will pay £48,100, i paid £48,500 although i suspect the low depreciation is due to Tesla increasing prices