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Where to sell Model-S 2nd hand?

Discussion in 'The UK and Ireland' started by WannabeOwner, Nov 1, 2019.

  1. WannabeOwner

    WannabeOwner Well-Known Member

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    Going to chop in my 2016 Model-S for a new one because I want the greater range, and (at the high mileage I do) the car will be over 100K fairly soon ...

    My plan was that if I sold it now there would be enough miles left to give a new owner some "comfort" ...

    ... but ... the R. Symons price (after commission deducted) is less than Tesla Trade-in (which, itself, is pretty lousy).

    So I'll just hand it to Tesla ... unless ... what if I put it on eBay for a couple of £grand more than trade in price The car is wrapped (which Tesla trade in won't give me anything for) so paint is in v.good condition etc.

    I have no idea how I would do a cash sale, and be sure to get the cash and promptly, and am conscious of a fair amount of potential hassle ... and I've got about a week until new one arrives (could push that back of course)

    Suggestions welcome :)
     
  2. IanB

    IanB Member

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    • Like x 1
  3. pdk42

    pdk42 Member

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    I had the same dilemma when I bought my 3, but the trade in was my old BMW 335i touring. I decided to take the Tesla trade in price. It was probably £2k less than I might have got in a private sale, but given the timescales of the way Tesla do deliveries, I could only have realised that price if I'd been prepared to keep the car until it sold. There's risk and cost in that of course, so I reluctantly decided to take the Tesla offer. I guess that's how the used car market works!
     
    • Like x 2
  4. gangzoom

    gangzoom Active Member

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    Unless you go mega cheap waiting for a private buyer for what I presume to be a £40k+ car will take ages. Took me 8 weeks to sell my old 335i privately, and that was for £16k car.

    Had countless time wasters, and constant hassle of keeping it really clean in case someone turned up randomly to buy it.
     
    • Like x 1
  5. tonyj01

    tonyj01 Member

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    Hi Wannabe,

    I recall when you were a new member here!!

    Not precisely relevant but www.tesla-info.com will give you some guide as to asking prices/values of your car in their listings.

    I’m hoping to do the same thing as you in due course. I bought this car outright, will I return to leasing? Dunno.
     
    • Like x 1
  6. WannabeOwner

    WannabeOwner Well-Known Member

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    Thanks, that's exactly my expectation.

    So my planned route is "Tesla are offering me £X, if it makes sense for anyone to offer me £X + £2K then let me know"

    Probably will be zero takers ... in which case that's fine, Tesla can have it.

    I remember :)

    I had a look on Jon's site. None my model, vintage, and mileage, but same model on sale by R. Symons with lower mileage gives me some glossy description-wording to consider :)

    I bought cash too, and will do this time. If there was a 1%-ish finance deal I'd take it, makes no sense to me at current levels.

    I figure:

    100K miles is the point to move it on, I don't want risk beyond that (but I would probably be happy with that risk, next time, with a "current" one)

    I do 30K miles p.a.(car is below that by virtue of having been at Tesla's for a month at a time, here and there, in the early days when I figured they might fix some minor niggles, so I had 2 or 3 months of loaners which has reduced actual mileage.)

    Going forwards my plan is to ditch the ICE backup. MS LR Raven will get me range for the few tricky business trips I currently use the ICE for.

    Then I can also buy an M3 and split the business mileage between the two, so can give each car 6 - 10 years for 100K mileage, instead of 3 years on one.

    Having two EVs and one of them at home, weekdays, will soak up excess PV too ...
     
  7. DaveW

    DaveW Member

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    I assume WBAC and similar (Evans Halshaw were always recommended on ICE forums) are even worse?

    Might be worth a try if you haven't checked yet (maybe motorway .co,uk too - that I hear the annoying advert for on the radio), just give them an email address you seldom use or they'll be bothering you forever!
     
    • Like x 1
  8. Glan gluaisne

    Glan gluaisne Supporting Member

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    Not sure if this is relevant, but I wanted to get a feel for how much my i3 was worth, so I could balance up the Tesla trade in offer with other options. The lowest price was Tesla, by a couple of thousand, WBAC and Wizzle were pretty much exactly the same. I've heard that Wizzle is slightly better than WBAC, in that they are less likely to start messing you about with a much lower offer when you take the car in. Not sure how true that is. Another thing I noticed was that after a week, WBAC increased the offer price. No idea why.
     
    • Like x 1
  9. WannabeOwner

    WannabeOwner Well-Known Member

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    66% of the Tesla trade in price :( I don't reckon they'll get many takers at that price (might be a shut-out bid 'coz they don't actually want them)

    P.S. To add insult to injury the local address they want me to take it to is ...


    ... Asda !!!
     
  10. Roy W.

    Roy W. Battery running low...

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    You could try Jonathon Porterfield at

    www.eco-cars.net

    He won’t buy it, but he does keep a mailing list of potential buyers. I think he’ll match you up if he can for about fifty quid.
     
    • Like x 1
  11. Andywil

    Andywil Member

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  12. WannabeOwner

    WannabeOwner Well-Known Member

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    Thanks.

    81% of Tesla trade in ... which went up to 83% when I updated the details to say that it DOES have a SatNav !
     
  13. Beady3647

    Beady3647 Member

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    I'm really surprised that R Symons haven't beaten Tesla. They were a good 25% above Tesla offer when I sold in June. I know it doesn't help and I'm certain you already will have done so, but just in case see if they'll haggle. My experience with them was excellent
     
  14. Rooster6655

    Rooster6655 Active Member

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    Forget any of the WBAC sites they will also knock off 1000s for random things, good thing about the Tesla price is they probably won’t even check the car.

    I’d suggest firstly posting the details of the car on here in case someone is interested and secondly put the car on eBay.
     
    • Like x 1
  15. WannabeOwner

    WannabeOwner Well-Known Member

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    I had that with the one, and only, car I disposed of that way (didn't mind on that occasion)

    But I'm surprised that Tesla's offer to me is significantly better than any of them, and also better than R. Symons (which I wasn't expecting)

    Perhaps they want it (or its ilk) for some reason ...
     
  16. MOBB

    MOBB Member

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    Have you tried Wizzle?

    ive had good offers from them before but not for Teslas, perhaps the market is a bit new for buyers to be confident

    can’t hurt sticking it on Autotrader and eBay
     
  17. WannabeOwner

    WannabeOwner Well-Known Member

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    I agree ... but not sure I want the hassle though. I have a vivid imagination of the likely Punters that might turn up ...

    Had an RS4 nicked off the drive by an Autotrader ad respondent ... impressive job, now I look back on it, and kids (young at the time) street cred elevated as "Police had to scramble a chopper as they didn't have anything that could catch it" :)

    How much will Tesla add to trade in price to forecourt it? (maybe: how little can they get away with adding? do they just want very high mileage, thus cheap, trade ins to expand the Loaner fleet maybe?). There is no other car on Tesla Info of that model with similar high mileage, will be interesting to see if mine appears there and what it lists for :)

    If someone is interested enough to pay be £2K more than Trade In I'd be happy, but I figure any less than that, coupled with a significant number of interested people, time to prepare adverts, cost of advertising, the whole "how to get money that I can be sure of" ... don't suppose anyone is going to rock up with £40K in a suitcase, and not sure I would want to receive it that way; quite a lot of hassle / risk compared to trade disposal ...
     
  18. gangzoom

    gangzoom Active Member

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    Good luck with your sale, I have to say if we weren't looking to do a stupid unnecessary house extension a sub £40k P90D S appeals much more to me than a £40k SR+ Model 3 - and we actually ordered one than cancelled!

    Infact makes paying nearly £20k more for a near £60k P Model 3 look very over priced.

    Am sure your love the Raven S, amazing how well Tesla did to nail the S first time round, I'm sure we are going to end up with one at some point.

    You cannot call your self an EV adopter without owning a S at some point :).
     
  19. WannabeOwner

    WannabeOwner Well-Known Member

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    They gave a low/high range, and then their commission to pay. After I deduct commission. assuming the top end price, they are still £1,000 below Tesla ... and if it turned out to be the low end then that would be Ouch! Plus they aren't anywhere near me ... I know someone in specialist car trade, and he was interested but out of his comfort zone. I might put him in touch with R Symons to see if expanding his geographic network would be to his liking - WbaEV Dot Com maybe?!!

    Wish I could offer easy payment terms !!

    you have warranty :) ... but its an interesting comparison. Same sort of performance and range. Way more cargo space in the MS. Apart from latest hardware (sentry mode etc.) the software is the same. AP1 arguably good enough fro Motorway and without phantom braking and able to read speed signs. But no future improvements coming ...

    I absolutely share your view that it is remarkable what Tesla achieved first time around. iPace, ECQ, eTron basically only drawing level (on technical level) with where Tesla was 5 - 7 years ago; Raven (and Model-3) is a leap ahead.

    Will be interesting to see the VW ID - looks like it may compare very favourably ... when it eventually gets here.
     
  20. DJP31

    DJP31 Active Member

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    I’m of the view that in the overall scheme of things the Tesla trade in + 0 hassle factor is worth a potential £2k. I would also trust Richard Symons to have a very good barometer on where the market is for your vintage/mileage car.

    Interesting to see you’ve hung up your boy racer spurs - no P version this time ;)
     

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