Why so much of for sale

[wonderinguys]

I am part of a Facebook Tesla for sale by owners group. Lately I have seen a LOT of people just selling their Tesla. Some with few 100 or 1000 miles . Why are people selling them ? When I asked few who were selling M3 and MY they all said they are getting a MS or MX . Which I don’t believe , you don’t buy a Model Y drive for 400 miles or two months and then say my Model X is being delivered.

 

[HankLloydRight]

People bought them before the price increases and now want to flip them for a profit.
Or people made a reservation with the full intention of flipping it for a profit.

 

[salvadorsantan]

Flippers, although I doubt they are making money, instead loosing since all Teslas are trading under MSRP regardless of old price or new price.

Old price flippers might be breaking even or loosing.

The time of flipping Teslas for a profit are long gone.

 

[Darmie]

There is some truth to that. I know several that own the 3 and get the Y or own the 3 or Y and when they finally have their EDD or the actual delivery on the Model X, they sell.

 

[SteelClouds]

Yeah.. around here prices are down on the average of 5K used.. for either the Y or 3.. thats just in the last 3 months

 

[Unclepaul]

New and used car market pricing returning to more normal. Lots of flippers trying to get out with a small profit if possible.

 

[Silicon Desert]

I am part of a Facebook Tesla for sale by owners group. Lately I have seen a LOT of people just selling their Tesla. Some with few 100 or 1000 miles . Why are people selling them ? When I asked few who were selling M3 and MY they all said they are getting a MS or MX . Which I don’t believe , you don’t buy a Model Y drive for 400 miles or two months and then say my Model X is being delivered.

You wouldn't want to overthink this. I might be misinterpreting that you are thinking it is a negative reason. As Hank said, flipping is popular. At least up here it is.

 

[Silicon Desert]

You wouldn't want to overthink this. I might be misinterpreting that you are thinking it is a negative reason. As Hank said, flipping is popular. At least up here it is. And it isn't just Teslas either.

 

[Tampaukfan]

Flippers, although I doubt they are making money, instead loosing since all Teslas are trading under MSRP regardless of old price or new price.

Old price flippers might be breaking even or loosing.

The time of flipping Teslas for a profit are long gone.

This
Large number of Teslas at auction too and there are a bunch on dealers lots that are not selling.

 

[noobified]

Companies like Carvana are definitely losing money with all the Teslas they overpaid for.

 

[cbdream99]

Previously it was a seller market, but I think the flipper market is gone now. The good thing is you now have more choices to choose from, including ordering a new one without waiting for eternity ... that is if you really really need one.

 

[Sunshine State]

Tesla cars were purchased at the old prices were an easy flip for a while but today Tesla has immediate available inventory and is now discounting zero mile showroom inventory. I was searching and Tesla is already discounting 2023’s. I’m always surprised with sellers with 2022‘s trying to claim "why wait 6 months to get a new one" Prices will continue to fall as it’s become a buyers market as cash has always been king.

 

[BruceR61]

I'm listing mine for sale. Eight months old, 16K miles, fully loaded with FSD activated. It took 54 weeks for delivery and while waiting I ordered an EQS580. The EQS580 was delivered last night. The Tesla is a better machine as far as speed and exterior looks and of course FSD.

The EQS blows away the Tesla as far as fit and finish, interior and luxury. After five years combined of driving model S's, I'm ready for a change. Plus, I get a sunroof, normal turn signal and horn, real blind spot notification, and a decent autopilot (though not called that). No FSD for now.

 

[Zorg]

I am fully expecting Tesla to start reducing prices. The economy is sliding into a recession and Tesla is increasing production of its Y.

 

[sperkin]

The wait list may not be as long for some. Owners will reject a pickup and Tesla will call someone else to make a sale. My cousin got a Model X plaid within 1 week of deposit. He had to take black one though so he did instead of waiting for a blue. It had a couple of blemishes on the outside trims, but server center fixed it later. We think someone rejected the car. It only had 13 miles on it.

 

[dpham2001]

I'm listing mine for sale. Eight months old, 16K miles, fully loaded with FSD activated. It took 54 weeks for delivery and while waiting I ordered an EQS580. The EQS580 was delivered last night. The Tesla is a better machine as far as speed and exterior looks and of course FSD.

The EQS blows away the Tesla as far as fit and finish, interior and luxury. After five years combined of driving model S's, I'm ready for a change. Plus, I get a sunroof, normal turn signal and horn, real blind spot notification, and a decent autopilot (though not called that). No FSD for now.

Just saw YouTube video on EQS580. Unbelievable beautiful and so luxurious...I want one too

 

[lzt815]

I am fully expecting Tesla to start reducing prices. The economy is sliding into a recession and Tesla is increasing production of its Y.

The price of Tesla model 3 in China has dropped $5000 at least recently, so I think the price could drop soon.

 

[SteelClouds]

I just read that Carvana has stopped buying model 3s

 

[Daekwan]

Just saw YouTube video on EQS580. Unbelievable beautiful and so luxurious...I want one too

Dude the inside looks like a million dollars at night! Gorgeous!!

 

[popgodazipa]

Dude the inside looks like a million dollars at night! Gorgeous!!

Uhhhhh…. I don’t t know. It’s like if Las Vegas were a car, this would be it. The lights are great, a bit distracting, sure you can pick up chicks but it’s really ugly when you look at it at from afar with a I don’t think I could live here sort of vibe.