Unhappy with the Resale value for my 2019 Model 3

[vickh]

It appears that base model 3s is where the most demand is at. I just sold my 2018 mid-range Model 3, black, 57k miles for $35,000 to a dealer down the street. Now I have to wait another month or so for replacement to arrive (also Model 3).

wow what did you pay for both?

 

[vickh]

38k for my '19 SR. w/ 20K miles @ Carvana. I'd sell in a heartbeat but not much avail. here to replace

 

[RLEE]

38k for my '19 SR. w/ 20K miles @ Carvana. I'd sell in a heartbeat but not much avail. here to replace

Wow... that beats mine at 37.5k (Carvana was 36k only). I recall yours also had the 2k ap upgrade right? I did have 27k mi though.

 

[S&B's M3]

So for kicks I modified my 22 M3 LR order to add my current 2019 SR+ as a trade. My 2019 is a garage queen, no damage other than a couple of tiny rock chips on the front, blue with white interior, and only has 11k on the odo. I received their offer (?) today.... $27.7k... needless to say they won't be taking it in as a trade.

 

[Bobafed]

This I guess just goes to show how crazy the used car market is right now cause no way would I spend $45K on a used Tesla when a new one is only $3K more. Heck going under the used section on Tesla's website no way would I pay what they are asking for their used inventory even if they included FSD because a new 3 with FSD is still about the same price. Granted I have the ability to wait for a new car than needing it within the next week or two and the only reason I am making the move over to the Model 3 is the crazy used car market and sold my 2017 Camaro SS for a dang good price to Carmax. Frankly I would consider Tesla's offer as good and take it or Carvana if they offer higher.

Did the same thing here. Would have never sold my 2018 Camaro SS had it not been for this crazy used car market. In 4 years of ownership, I only lost 3k from what I originally paid. Thats including tax, interest, and down payment. Hell of a deal IMO. Now just waiting on that VIN for my Performance....lol

 

[bro1999]

Carvana is trying to sell a 2020 SR+ with 5k miles for $62k. Even if this thing has FSD, that price is insane.

https://www.carvana.com/vehicle/1879896

And this 3 is now pending purchase. Carvana chopped the price by $1k before someone started the purchase process. Insanity!

 

[PNWLeccy]

And this 3 is now pending purchase. Carvana chopped the price by $1k before someone started the purchase process. Insanity!

I need to find this buyer and offer them a deal they can’t refuse. 2018 LR RWD for the low, low price of $60k. 50+ more miles for $1k less, a steal!

 

[bro1999]

I need to find this buyer and offer them a deal they can’t refuse. 2018 LR RWD for the low, low price of $60k. 50+ more miles for $1k less, a steal!

Hell, I'll sell them my almost brand new 2 week old Model 3 SR+ for $60k.

 

[hcdavis3]

Hell, I'll sell them my almost brand new 2 week old Model 3 SR+ for $60k.

60 K for a model 3 LR RWD is way out of line. Where on earth did he come up with that price???

 

[bro1999]

60 K for a model 3 LR RWD is way out of line. Where on earth did he come up with that price???

Humans + money = stupidity

 

[hcdavis3]

Humans + money = stupidity

Right on bro1999. IMHO really stupid.

 

[PNWLeccy]

Nothing makes sense anymore.

 

[bro1999]

So the used car market may not be as stupid as a month or 2 ago, but Carvana is offering basically what I paid for my Model 3 before taxes/fees. My 3's price was $41,690 ($40,490 + $1,200 destination).

 

[bro1999]

Now my SR+ with 6k miles is worth over $45k...

 

[Knightshade]

Now my SR+ with 6k miles is worth over $45k...View attachment 724873

It's a 9ish month wait if you order a new one so kinda makes some sense.

 

[rpiotro]

So for kicks I modified my 22 M3 LR order to add my current 2019 SR+ as a trade. My 2019 is a garage queen, no damage other than a couple of tiny rock chips on the front, blue with white interior, and only has 11k on the odo. I received their offer (?) today.... $27.7k... needless to say they won't be taking it in as a trade.

Do you understand the trade allowance quoted is only good for 30 days? It could go up or down by the time you get your car.

 

[rpiotro]

60 K for a model 3 LR RWD is way out of line. Where on earth did he come up with that price???

Market forces. Economics 101.

 

[earthwormjim]

Market is definitely hot for used Model 3's. I sold my '19 Model 3 SR+ with 34,000 miles for $42k to an Infiniti dealer the other week.

 

[indyjaco]

Just got a 55.4k offer on my LR M3, time for a M3P upgrade

 

[bro1999]

Just got a 55.4k offer on my LR M3, time for a M3P upgrade

Really tempted to put in an order for a LR 3 (same build as my SR+ with aero wheels, white seats); that build is currently $51k. My SR+ build is now $45k new (I ordered @$40.5k in May). Carvana quote for my SR+ is $45.9k. Assuming the value of my SR+ 3 stays in the $45k range for the next few months, I could conceivably upgrade to a LR 3 for about $5k (and if a renewed tax credit is passed, may even end up getting money back). Almost seems like a no brainer to put in an order and see what happens.