TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker or making a Paypal contribution here: paypal.me/SupportTMC

What did you do with your old car?

Discussion in 'Hong Kong' started by capt666, Aug 15, 2014.

  1. capt666

    capt666 Member

    Joined:
    Feb 27, 2014
    Messages:
    76
    Location:
    Yeun Long, Hong Kong
    I have two cars at home that I don't need, an old 2006 Range Rover and a Merc S Class, however, since Tesla don't accept trade ins, where can I sell it? (I tried dealers, and advertising on used car sites, but nobody seems to be interested)
     
  2. Larry Chanin

    Larry Chanin Model S Perf Sig 1055

    Joined:
    Aug 22, 2011
    Messages:
    4,283
    Location:
    Sarasota, Florida
    I sold my ICE to my niece for $1.

    Larry
     
  3. sonywong

    sonywong Member

    Joined:
    May 1, 2012
    Messages:
    312
    I sold my 2011 Audi TT RS vis 28car.com about 1 month before I got my Model S
     
  4. Lump

    Lump Active Member

    Joined:
    Mar 31, 2013
    Messages:
    2,112
    Location:
    So. Cal.
    CarMax was the lucky recipient of 2 of mine.
     
  5. Paul Carter

    Paul Carter Active Member

    Joined:
    Apr 27, 2013
    Messages:
    1,456
    Location:
    Vancouver, BC, Canada
    Donated my Jetta to the Kidney Foundation of Canada. They saved my older brothers life years ago.
     
  6. Takumi

    Takumi Member

    Joined:
    Aug 25, 2006
    Messages:
    361
    Location:
    IL
    Transferred ownership to youngest brother so they can save $$$ for Model ≡.
     
  7. yobigd20

    yobigd20 Well-Known Member

    Joined:
    Oct 28, 2012
    Messages:
    5,793
    Location:
    Skaneateles, NY
    I sold mine via craigslist and did an in-person cash-only (no checks or money orders) transaction.
     
  8. caddieo

    caddieo Member

    Joined:
    Mar 21, 2013
    Messages:
    877
    Location:
    Palm Coast, FL
    Sold my 2002tii to a BMW enthusiast and gave my Audi A8 to my son.
     
  9. markwj

    markwj Moderator, Asia Pacific

    Joined:
    Apr 10, 2011
    Messages:
    3,665
    Location:
    Hong Kong
    Keeping it for the next few months, just in case there is an issue with Model S that will need time to fix. Plan to give it to a dealer in a few months.
     
  10. Vmax

    Vmax Member

    Joined:
    Mar 1, 2014
    Messages:
    585
    Location:
    Hong Kong
    Sold my one to a 2nd hand car dealer in Tsuen Wan. So far my life's worst financial decision to buy this car and sell it after less than two years. However just couldn't resist to buy the Model S.
     
  11. Bardlebee

    Bardlebee Member

    Joined:
    Apr 4, 2012
    Messages:
    599
    Location:
    San Antonio, TX
    Sold my mustang to help pay for the Model S. Never driving an ICE again! (Unless my wife has the Model S). Can't wait to get a second Tesla, which will be the Model 3.
     
  12. ecarfan

    ecarfan Well-Known Member

    Joined:
    Sep 21, 2013
    Messages:
    10,390
    Location:
    San Mateo, CA
    #12 ecarfan, Oct 26, 2014
    Last edited: Oct 26, 2014
    To buy the S I sold a 1959 Porsche through a classic car broker who is a vintage Porsche expert (took a month to sell), and a 2008 Prius through Craigslist, cash sale (took a week to sell). To buy the Roadster I sold a 2009 Porsche Cayman through Craigslist and accepted a cashiers check because of what I knew about the buyer (took six days to sell).

    You say "nobody seems to be interested" in your Range Rover and Mercedes S class. Any car can be sold relatively quickly if priced slightly below market. Determining market value takes some effort, you need to look at a lot of online ads for cars that appear to be comparable to the condition of your car (and that typically have asking prices thousands of dollars above what the selling price will ultimately be) and figure out what a reasonable price will be for your car.

    Many sellers (but not all) have an "optimistic" belief in the value of their vehicle. Remember that the market is usually awash with cars very similar to yours. Buyers have a wide range of choices and can easily find cars for sale online.

    For used cars, it's a buyer's market.
     
  13. DITB

    DITB Charged.hk co-founder

    Joined:
    Nov 13, 2012
    Messages:
    1,568
    Location:
    Hong Kong
    Except if you are selling a Tesla Model S :)
     
  14. ecarfan

    ecarfan Well-Known Member

    Joined:
    Sep 21, 2013
    Messages:
    10,390
    Location:
    San Mateo, CA
    Actually there are increasing numbers of Model S for sale and I would say used S prices have dropped this year compared to last year. I think that will continue as S owners trade up to the D and the X next year, and as S production volumes increase.
     
  15. yobigd20

    yobigd20 Well-Known Member

    Joined:
    Oct 28, 2012
    Messages:
    5,793
    Location:
    Skaneateles, NY
    Lemon law'd my range rover. It was a POS with dangerous design defects. Worst car I've ever owned.
     
  16. pinguhk

    pinguhk Member

    Joined:
    Sep 23, 2014
    Messages:
    296
    Location:
    hong kong
    I will sell my 2012 BMW 528i M-Sport on the net.
     
  17. jerry33

    jerry33 S85 - VIN:P05130 - 3/2/13

    Joined:
    Mar 8, 2012
    Messages:
    12,763
    Location:
    Texas
    Denise murdered the third car, so I only had to collect the insurance (which turned out to be more than I would have asked).
     
  18. joywalker

    joywalker Member

    Joined:
    Jul 8, 2015
    Messages:
    38
    Location:
    Hong Kong
    Gave the old Japanese ICE car to my staff. He is spending few $ to overhaul it, and claims will last another 5-7 years. Wish him well with that nicely made 4 wheel drive SUV.
     
  19. MingMan

    MingMan Member

    Joined:
    Jun 23, 2015
    Messages:
    132
    Location:
    Hong Kong
    I will sell my 2012 528i too after getting my MS. Would you mind sharing how much did you sell it for?
     
  20. pinguhk

    pinguhk Member

    Joined:
    Sep 23, 2014
    Messages:
    296
    Location:
    hong kong
    I have not sold it yet but the price for my is about 430k at this time.
    75
     

Share This Page