We have a 2018 Model 3 RWD LR with 98,000km or so. It has EAP, FSD and the upgraded computer as well as premium connectivity for life. We are looking at upgrading to the Model Y. Is the best way to get the value out of the car is to trade it in against it or sell it privately. We are in Ontario. Anyone have a rough estimate of what they would expect to get with a car or anyone recent experience with trading in. It is in great condition with a set of rims and winter tires. Pictures below.
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Value of 2018 Model 3 - Best way to deal with upgrade to model Y
- Thread starter kaikara
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Lon12
Member
Nice car. Silver is very rare. I had that colour on order before they removed it as an option.
Always sell privately.
Always sell privately.
I would say about 25K selling price. Trade-in will be about 17K
Lon12
Member
What is asked on Autotrader has nothing to do with what the selling price will be. Many people/delaers are dreaming on the asking price.
Lon12
Member
Say what you like about "stealerships", but private sales can be very reasonable. I've bought and sold a lot of vehicles over the years. Always prefer private sales. I'm sure he will get much more than $25 if sold privately.
Blu-Ion
Member
I just got $24,700 trade-in for mine 2018 LR RWD with EAP 94km.
I will sell private for $31k, there's a good market out there. Waiting for my new Highland Model 3
I will sell private for $31k, there's a good market out there. Waiting for my new Highland Model 3
Birdman325
Member
Interesting. I have a 2018 model 3 LR dual motor with just about 62,000 km. EAP and premium connectivity for life (although I don't think that transfers) and the 19" OEM all seasons and a set of 4 18" Winters (wheels and tires). I have also been thinking of upgrading. I am going to submit online for the trade in and see what they offer.
I believe it still works this way, but if you trade it in and they take for example, $25K off the selling price, that reduces you sales tax by about $3,200 so would need to clear $28K + for the private sale to put you ahead when comparing it to trading it in for a new model. (Although I don't believe this works if you lease but not sure about that - but regardless, you would likely not want to put "down" $25K on a lease.
I believe it still works this way, but if you trade it in and they take for example, $25K off the selling price, that reduces you sales tax by about $3,200 so would need to clear $28K + for the private sale to put you ahead when comparing it to trading it in for a new model. (Although I don't believe this works if you lease but not sure about that - but regardless, you would likely not want to put "down" $25K on a lease.
If you're nearish to Ottawa ( between Toronto and Montreal), I'd be interested in your MY3LR. Dependant on price of course.
Feel free to reach out after you get the trade in quote.
I don't mean to steal the thread
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