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Why so many Model 3 on eBay for close to cost?
- Thread starter GadgetGeek407
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- Model 3
They are hoping to capture the various tax credits. In CA its $10k with the federal credit included. It's illegal, but the IRS would have to catch them, then prove that they "intended" to resell. Also, if they are employees they have had the car for a few months now so it would be hard to prove in court that this was their plan all along.
omgwtfbyobbq
Active Member
Most of what I'm seeing is at least $5k over the car's actual cost, which would be a $12.5k profit after the federal tax credit.
No production car on the planet allows you to profit $7,500+ after driving it off the lot.
Rolling that $7,500 into a new Model S with another $7,500 off or into another Model 3 with dual motor would be a winning move.
Also with the ability to make two reservations, you can sell one and just keep the other one.
There is nothing to be concerned about - just arbitrage for the have and have nots.
Rolling that $7,500 into a new Model S with another $7,500 off or into another Model 3 with dual motor would be a winning move.
Also with the ability to make two reservations, you can sell one and just keep the other one.
There is nothing to be concerned about - just arbitrage for the have and have nots.
Perhaps sellers have reservations for other Model 3s, selling their current one to move up (performance), more economical (SR (short range)) or get an AWD (D (dual motor)) version.
Personally, my reservation is for the performance version. Not selling the LG (long range) yet, but could do it any day.
Not a concern, no buyer's remorse*.
*although this could change if a solution to the 'phone as key' problem is not solved. But, let's be real, it will be, hence my reservation for the performance (aka P).
Personally, my reservation is for the performance version. Not selling the LG (long range) yet, but could do it any day.
Not a concern, no buyer's remorse*.
*although this could change if a solution to the 'phone as key' problem is not solved. But, let's be real, it will be, hence my reservation for the performance (aka P).
Let's see, just off the top of my head, there's the Bolt, Leaf....
Dan Detweiler
Active Member
But you aren't going to get what you paid selling a Bolt or a Leaf. Demand just isn't there. Why should they pay the price of a new one and NOT get the tax credit? With the Model 3 they are potentially getting the car moths or years before they normally could.
Dan
davedavedave
Member
How does that happen when dealerships are offering $4000 to $6000 off or MSRP for these cars - more if you use their 0% financing options?
Even with all the private offers GM threw at me, they couldn't even GIVE me a brand new Bolt for $6000 off MSRP last year.
I don't think you are understanding my point.
A Model 3 can be resold for MSRP PLUS the tax you paid, meaning you pocket the federal rebate plus any state incentives.
You can get a Bolt/Leaf for practically nothing, and you will be getting rid of them for less than practically nothing...
But if you buy the Leaf or Bolt at a discounted price and sell at same price, wouldn't that have the same result as buy/sell the M3?
No one will buy it. I bought a 2017 leaf for $32K-$10K dealer discount -$7500 fed
=$14,500
I bet I couldn’t make a $1,000 profit even on my first day... unless I total it.
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