I lost so much money selling the Tesla… should I have gone private party instead? Oh yah… sign up for KZbin premium and get 2 months free! kzbin.info?cc=everydaychris&
@steven29012 ай бұрын
What is your insurance company ?
@EverydayChris2 ай бұрын
@steven2901 State Farm
@ramakrishnanimma71392 ай бұрын
I was looking to buy one. I watch your videos and I really love the color of your car. I should have definitely bought your car for $60k its a great great deal. If anyone else selling the same year and with that mileage do let me know. :)
@Gravity1638Ай бұрын
@@EverydayChris hi,what is the color code of the wrap?
@ozztheforesterАй бұрын
@EverydayChris At one of your videos you talked about the Section 179 penalty, when you bought this did you benefit from -$30.5K taxable income deduction? And selling your X after one year, how much was the penalty?
@monkeyrun3 ай бұрын
losing over $50k with less than 7k miles is crazy.
@r4rasa2 ай бұрын
wait so your car is only 7k. I will buy it 1k more than the offer. Serious buyer
@Gjeebs3 ай бұрын
This video was really well done. Nice work and good info
@EverydayChris3 ай бұрын
The king has responded. Thanks Gjeebs!! Everyone go follow him.
@mustangdaddy41253 ай бұрын
Tesla only wanted to give me 21,500 on my 2021 MYP with 65,000 miles back in August 2024. I overpaid back in 2021 at 61,990. Elon dropped the price by 8,000 bucks a few months later! I ended up selling to Carvana for 24,300 and walked away with 2,422 bucks. I replaced it with a 2021 model S long range with 30,000 miles from Tesla for 52,000 bucks . It was a leased car and immaculate. I saved 30,000 bucks from when it was new! Moral of the story, buy a used Tesla and let someone else take that depreciation hit! The depreciation hit is brutal with Tesla’s and other EV cars!😮
@airgunningyup3 ай бұрын
yep , bought my model 3p for roughly half price , it has 39000 miles.
@XX-1663 ай бұрын
They because they aren’t worth what they’re being advertised for and then your ELON bangs you over the desk by dropping prices drastically because no one wants them as advertised.
@olirock27793 ай бұрын
Just wondering what was the price difference with the insurance between the MYP and MS? I was going to the same but the insurance on the MS is double the amount of the MYP
@XX-1663 ай бұрын
@@olirock2779 depends on your zip code age and driving records.
@Geckogold3 ай бұрын
I bought my 2020 Model Y Performance new, but I'm also hoping to keep it at least 10 years barring an accident that totals it. I already have 102k miles/164.1k km on it due to my daily driving but also numerous long distance road trips, to give you an idea of how much I drive that it, and still enjoy it quite a bit. By that time, the Juniper Model Y should've been out for a few years as well, so hopefully they worked out all the kinks in it by then. But yes, for other folks, I would also recommend getting a used Tesla especially if buying it new is going to stretch your wallet more than you're comfortable with. Model Y's should tank further once the Juniper refresh comes out, so you can save even more money due to the next massive depreciation hit. While the battery degradation could be a concern, I wouldn't worry about a high mileage Tesla the way I would worry about a high mileage gas car, because EVs have less moving parts. All else being equal, less moving parts means less things to break and less wear & tear on said parts.
@stevenichols46393 ай бұрын
$61,000 loss on the car. 6900 miles. $8.8 dollars per mile. Wow. And you doubled down by buying a cyber truck? Got any hot stock tips for us?
@EverydayChris3 ай бұрын
Buy when low. Never sell. Haha
@familyincanada3 ай бұрын
Looooool. That's our philosophy as well... Buy high; sell low
@XX-1663 ай бұрын
Shiiit. No stick tips that are worth it
@richardcoughlin89313 ай бұрын
A Tesla and its owner’s money is soon parted. The single biggest complaint I have about the Model Y bought in 2023 is its 40% depreciation. Fool me once shame on…me.
@XX-1663 ай бұрын
@@richardcoughlin8931 you thought that aluminum refrigerator was gonna hold its value?? ELON bends the owners over every time he drops the prices drastically 8000 here and 9000 there adds up to upside down auto loans for those the have them while he laughs all the way to the bank.
@InvestorYOU3 ай бұрын
I would have bought it for $63,000.
@gth0423 ай бұрын
He could have auctioned the thing or mentioned he's selling in a video. I suspect there's serious value-add for his stuff and how he takes care of it.
@Chris-vz2kv3 ай бұрын
U could be a scammer like he mentioned
@Dark_side99993 ай бұрын
@@Chris-vz2kv cash transaction at a bank, no scammers are bold enough to scam right there
@iliktat3 ай бұрын
@@Chris-vz2kvrandom millionaire youtube commenter is a scammer? no way
@XX-1663 ай бұрын
And you wouldve gotten banged on the pricing
@Whimsy4fall2 ай бұрын
Good to know! I sold my old ice car through Carmax, it was so easy. And surprisingly they didn’t care that I had the engine block replaced.
@2amchef163 ай бұрын
Could have gotten $10k+ if he would have sold it privately, but I’m guessing since he made money from his videos and also tax deductions, it doesn’t really matter. Carmax probably sold his car for $70k+ since the new X, 5-seater is around $80k.
@Russell.Gilbert3 ай бұрын
At least in Texas, you can submit a form showing transfer of ownership, which immediately releases you of responsibility for anything the new owner does with the car. I would guess other states have something similar.
@EverydayChris3 ай бұрын
See that’s cool
@Russell.Gilbert3 ай бұрын
Here’s the page for California. Search for other states with “vehicle transfer notification” and the state name: www.dmv.ca.gov/portal/vehicle-registration/titles/title-transfers-and-changes/notice-of-transfer-and-release-of-liability-nrl/
@ascendantP3 ай бұрын
Wow! 50% depreciation for a 1 year old car?! I feel for you man
@g600f7003 ай бұрын
remember, car dealers have to resell the car for a profit. If some issue on it, they have to fix it and dealing with the financial transactions, scammers, paperwork...these are the hidden risk car dealers have to take and that's why it's much lower than private party. I sold one old car $3000, some guy (private party). He F around and end up not buying, completely waste of my time.
@RedvinezYGO3 ай бұрын
The car brand new with the tax credit is 72k~
@richardcoughlin89313 ай бұрын
Tesla fan boys don’t feel pain. It’s like a cult.
@g600f7003 ай бұрын
@@richardcoughlin8931 I think any cars but in general, higher price cars depreciate more in first few years.
@PeterparkerSlaps3 ай бұрын
@@richardcoughlin8931lol it’s his choice to sell . No one is forcing you to sell for huge loss
@michaelcrz14303 ай бұрын
Sold my old Mazda Miata years ago as private seller. We agreed on the price and I only accepted cashiers check from the bank. I print out a bill of sale. Met the person at Starbucks to fill in his info, signed and took picture of his drivers license for the record. Went to DMV website to do name transfer and that was it. Simple process and no need to go to DMV or Bank.
@EverydayChris3 ай бұрын
Nice
@XX-1663 ай бұрын
Too much of a headache to gamble on some unknown person who may there to rob you
@sportymicahglick85222 ай бұрын
I had similar experience sold on Craigslist, went to bank with guy did dmv transfer relatively easy. We both were happy.
@zincfive2 ай бұрын
Right. Grownups in the real world can sell a car, nitwits are "afraid" of scammers, cause they cant figure the basics out.
@XX-1662 ай бұрын
@ it’s a bit more then basics .. there’s safety involved
@jezza65753 ай бұрын
If you are trading in you will also benefit from not having to pay sales tax on the amount they offer for your trade so be sure to add that amount to their offer in order to compare offers.
@yearlaw3 ай бұрын
this doesnt apply to the state of california
@iliktat3 ай бұрын
@@yearlawnothing does. Cali is backwards.
@rmkep2 ай бұрын
Good points Chris and I feel for you with the serious deprecation of the X. I was impatiently waiting for the Cybertruck driving a leased 2021 Model Y DM. Just before I got my invitation to order the Cybertruck and at lease end of the Y, I bought a used 2018 Model X from Tesla. The X was a fully loaded 6 seater with EAP which I upgraded to FSD for $2K. That made the total spend under $42K for a vehicle with 49K miles on the ODO and a 1 year warranty from Tesla that sold new for $150K. Everything works and while it isn't as nice as the refreshed Model X, it is a lot of car for that money. It is now my daily driver. When I was young, I never bought a new car and lost very little money when upgrading vehicles. Then as I gained more disposable income I started buying or business leasing new cars. Now that I'm retired, I'm reverting to that early methodology of buying good used cars, in good condition for a significant savings. My wife is still working and loves her new Highland Model 3 but frankly, as nice as that car is, my 6'5" frame fits much better in the Model X and I prefer driving it on road trips. That's my $.02 ... 🙂
@mustangdaddy41253 ай бұрын
I had the same problem with having a fsd subscription and the factory reset wouldn’t work! 😮on my 2021 MYP.
@EverydayChris3 ай бұрын
Yeah! lol he had a myp too!!
@dialy13 ай бұрын
I am getting buried in my 2021 model S Plaid. Why ever sell at a huge loss? What could ever top it? It will always be too much car for anyone on the streets and I’d rather pile my money into $TSLA.
@craigwflys3 ай бұрын
Good stuff. I've always sold my car private party because I'm going to get the best price but it's obviously a hassle. They've always been under 10k so it's always been cash but a more expensive car would make me nervous because how am I going to get paid. My vehicles are always in good condition but I've learned all they usually care about is the mileage. Also I remove anything that I added in order to put it back as close to stock as I could. Removing your blue wrap was a good idea. BTW as soon as you sell a vehicle to someone private party (or anyone else) the DMV has a section on their website in which you can report the sale (new owner info, mileage, price, etc) and that instantly removes you from all future liability from the vehicle. Years ago my brother sold a vehicle and never reported it. The new owner never registered/transferred it either. Then a few months later the car was stolen and the police contacted my brother who got the vehicle back.
@andrewjavier69193 ай бұрын
Why not get rid of the Y? The strombreaker was waaaay better
@EverydayChris3 ай бұрын
Agree but wanted to keep the y for the long miles
@nicholasmuni79953 ай бұрын
What does long miles mean?
@Aimon30boy3 ай бұрын
@@EverydayChrisbut the X cmon I mean the Y probably lost less money than the X u lost like 60K😭😭
@EverydayChris3 ай бұрын
@Aimon30boy I know so bad lol
@JeffMcNeal2 ай бұрын
@@nicholasmuni7995 Probably range?
@nvydrew3 ай бұрын
Damn dude I would’ve bought the car from you for 60k lol
@jiachen10783 ай бұрын
same!
@cwal_212 ай бұрын
Came here to say the same!
@ElmerEDavis2 ай бұрын
Well done Chris! Excellent presentation and very useful information. Thanks
@Workman.darren3 ай бұрын
Wow this was so helpful! Going to sell my model Y for a cybertruck very soon and this guided me in the right direction thanks buddy.
@EverydayChris3 ай бұрын
You're very welcome!
@adamchoi81363 ай бұрын
That’s a tough loss. Hope you got good content out of it. The sale process was quite extensive. Appreciate the insight.
@JeffMcNeal2 ай бұрын
Funny you mentioned the hassles of private party sales. I sold my last car to a private party. Nice people. We went to the bank, they paid cash. All good. I signed off on the title, mailed in my release of liability to the DMV and thought we were all good. Imagine my surprise 9 months later when I got a bill for some Fast Pass violation. WTF?? The buyers hadn't bothered registering the car since I had just renewed the registration the month before I sold it, so they figured they'd just let it go until it expired. They wound up taking car of everything, but it was really an unexpected hassle I didn't need.
@EverydayChris2 ай бұрын
No way..... Yeah sorry to hear and always nice to hear from you Jeff!
@JeffMcNeal2 ай бұрын
@@EverydayChris Always enjoy your content, Chris. I know you're doing well, but $832 a month just for car insurance sounds brutal! I remember when my mortgage payment was $800!! (a long, long, long time ago)
@diningwithderek3 ай бұрын
This made me sad, I'm wondering why you sold the X if you lost so much money on it compared to the original purchase price?
@EverydayChris3 ай бұрын
I discuss it in the video! Just all the crazy fees
@wmoID3 ай бұрын
He still come out ahead. He is a youtuber, he can write off the lost and revenue from video already cover the lost…
@rambokd3 ай бұрын
Givemethevin says they will beat carmax or you get $100. I used them once and it was an easy process. Now when the CT value dumps you will take it in the shorts again. But with KZbin content I’m sure you will be fine.
@1slyboy2 ай бұрын
In Washington State there is one advantage for doing a trade-in and that is Sales Tax. The trade-in value goes towards reducing the cost as pertains to Sales Tax when buying an EV and the $45,000 limit.
@MichaelC-u9k3 ай бұрын
I'm wondering if you would have been better off selling the Y
@murse_life2 ай бұрын
Information is outdated/incorrect. 1.) If your vehicle is more than $5,000, go to the bank/police department for transfer of funds. 2.) Print a bill of sale and get the buyer/seller information on it. 3.) Go online to your states DMV and input the sale information to relinquish ownership from you.
@daveleinen9473 ай бұрын
Excellent and informative video- thanks Chris.
@bigfish10263 ай бұрын
Good info bro. Thanks❗
@WendelM8083 ай бұрын
Why did you sell? Too many vehicles? Hey i love your camping videos would love to see more!! Much love and aloha!
@EverydayChris3 ай бұрын
Will do!!! Yeah too many
@pinolero.3 ай бұрын
Good advice, if you ever see me down the road look for my rear tags, TARR. Won't find any in the front.
@Jithinjohnson0072 ай бұрын
60k only for a 1Year car? That’s insane
@jianbinchen28813 ай бұрын
u dont need to pay ticket if u sold the car. u can go dmv Online Services and fill out Notice of Transfer and Release of Liability.
@xreed83 ай бұрын
Of course dealerships low ball you, you just argue your way up to your asking price by using Kelly blue book and 1 or 2 other dealership offers. It's not difficult just takes an extra week or 2 of effort.
@marcosc97993 ай бұрын
Sold my car today. Carvana and carmax now gives wayyy less than they used to. I did few stops at dealerships and got 8k more than carvana and carmax today and bought my MX and CT!!! Today!! Lets goooo
@EverydayChris3 ай бұрын
Wow awesome!! Congrats!!!!
@marcosc97993 ай бұрын
@@EverydayChris I hope I can fit 3 car seats on my X. Cz my CT will be no kid zone😎
@iamnid2 ай бұрын
I sold my Model Y last weekend. Carvana gave me $3,000 more than Carmax.
@EverydayChris2 ай бұрын
@iamnid wow
@Sacko20083 ай бұрын
The depreciation is staggering. Definitely will lease the next time.
@khuo02193 ай бұрын
Cool content regarding different third-party processes. Is the loss due to the low resale value tax deductible since the car is used for KZbin?
@EverydayChris3 ай бұрын
Nah the loss is due to the crazy price changes from Tesla constantly
@west88273 ай бұрын
Best avoid trade-in with Tesla as they would quote a reasonable trade-in value but then suddenly lowball you the day before the new delivery, forcing you to either accept the lowball trade-in price or pay for the trade-in amount. They did this with my M3P trade-in, low mileage and no accident, which quoted 8k less than the original quote.
@EverydayChris3 ай бұрын
No way. That’s crazy
@NewYorksFinest13 ай бұрын
Sold my previous Mazda with 60k miles. We agreed on a price and he met me at the bank then offered me 1k less at the teller. It was still a better deal than the dealership. Then I immediately went online and and told the dmv I sold the car with the person's name address, etc. then I rolled all that money into my current car and ending up paying off my car in under a year
@EverydayChris3 ай бұрын
Man.. stressful but glad it worked out
@Gabri3lRocha3 ай бұрын
if someone had done that to me I just would have walked out of principal
@jml9550Ай бұрын
I just saw a clean title 2023 Model 3 long range with 14K miles on it at $24.8K at a local Mercedes dealership. after tax and fees it is $27.5K, minus $4k used EV tax credit. The total will come out to $23.5K. I called the dealer the next day and it was sold.
@DouglasJMark3 ай бұрын
Great video Chris. This should be watched by anybody who plans to sell their Tesla, even those buying a new one! Sadly, the economic times and super low US prices were not on your side. I’m in Toronto. On Tesla Canada’s website, used Model Y lists for $64,000+ ($46,500 USD). The Tesla US used Model Y starts at $25,000 USD! Q: Will CARMAX be able to sell Stormbreaker with FSD included? My hunch is no. 🙏 🙏🙏
@SpottedSharks3 ай бұрын
This was super helpful
@abc1099a3 ай бұрын
I sold my car privately and it was such a headache. So many flakers and random test drivers wasting your time. Finally got a sale and when the guy was paying me 6k cash, I was shitting my pants a little since I thought I was going to get robbed somehow lol. At least you don't have to deal with all that and it was a commercial car so some tax write off. For your next trip, you should come to Vancouver B.C. A supercharger rate off peak is .18cents CAD so at least that will make you feel better haha.
@EverydayChris3 ай бұрын
Haha dang. Yes we want to go to banff
@wmoID3 ай бұрын
I lost $15k and have to write a check to get rid of the 2022 m3 rwd. 😢 $19k value and owe $34k to bank
@soc7893 ай бұрын
that sux
@_CPerk3 ай бұрын
I’m in the same boat with a ‘21 M3
@richardcoughlin89313 ай бұрын
Will you ever buy another Tesla?
@Timmymao1633 ай бұрын
Did they at least use lube?
@Timmymao1633 ай бұрын
Did they at least use lube?
@stevensoliman2827Ай бұрын
fire your insurance agent. i insure 3 performance vehicles and im not paying anywhere near 8300/month
@_CPerk3 ай бұрын
How much was the removal fee for your wrap?
@BryceLovesTech3 ай бұрын
I only buy used so I’m kind of happy because I’m looking for a Tesla SUV but can’t decide between the Y or the X
@JoseDiaz-f7o3 ай бұрын
Thanks for this! Very helpful.
@EverydayChris3 ай бұрын
Sure!
@abbyman003 ай бұрын
Great info , so prob diff where you live , I shopped around to sell my Kona EV before buying model Y , but here on trade in at Tesla I only pay sales tax on the difference in cash left after trade in , so though Tesla was a few thousand less trade the tax saving covered diff and gave me a thousand extra & way less hassle driving old car to Tesla and driving new car out ( with 30 transferring old car )
@ItsameBS3 ай бұрын
Similar situation a month ago. Traded in my 2023 LR Model 3 for a 2024 Model 3 Performance. Wanted the new M3 features and the FSD transfer was taking place. My LR had a Satin Gray wrap. Went to 3rd Party and Tesla The 3rd party was offering 2k more than Tesla, but the FSD transfer would have been pain. I also was thinking about removing the wrap, but that would have cost me some change to remove. So I just gave it back to Tesla as is.
@_CPerk3 ай бұрын
How much was your quote to remove your wrap? I’m trying to decide if I need to remove mine
@butskiiueepp16253 ай бұрын
@@_CPerkcar wrap owner here.. it depends on condition of the wrap & some other factors- but generally anywhere between $500-$700.
@_CPerk3 ай бұрын
@@butskiiueepp1625 thanks…also, damn!
@jrherita2 ай бұрын
You also reduced your sales tax going to Tesla. If you sell third party you lose the sales tax break.
@_CPerk2 ай бұрын
@@butskiiueepp1625 damn. Thanks tho!
@whuang033 ай бұрын
Someone gonna pay $80k to CarMax to a $113k car with only less than 7k miles.. Thats a huge profit
@EverydayChris3 ай бұрын
Yeah they won for sure
@jorgesmith20003 ай бұрын
What if you financed your car and still have payments remaining on the car? What to do?
@waynec963 ай бұрын
what were the tax strategies that you used to minimize your losses when you sold your Model X?
@travisbalthasar9544Ай бұрын
After all this in ur opinion is PPF worth it? (Not the color change)
@lakergreat13 ай бұрын
Wish someone can do this for Canada as well
@ben_gurin3 ай бұрын
Third party is great, sold dozens of cars and same with friends , go somewhere public, go to dmv etc,
@MrPengАй бұрын
Make me feel so much better that I sold my 17 model x 100d with EAP and sc05 100k miles for $26.5k, while I bought for 120k back in 2017
@twoweeledsoto60722 ай бұрын
My experience with Camax was surprising. Years back during Covid I can't remember the numbers but my offer was deducting $1000's unless I replaced original wheels. Maybe $4000-$5000 deducted. Surprising because Corvette Grand Sports and some others have a known defect in their wheels which often result in cracking. So I purchased Forgeline wheels which cost close to $8000. Far better than the OEM wheels. Yet, they were deducting. Yeah yeah I get it but in this particular case it didn't make sense, but that's the way it is!
@depthcharge62152 ай бұрын
Arent you suppose to purchase another tesla first in order to transfer the FSD to the new vehicle?
@dedduck873 ай бұрын
Lucky you got what you did! Tesla resale is horrible and very volatile. And private party is by far the best way to sell it. You’d get way more
@teullet13 ай бұрын
That color was so awesome
@absolutelyflying3 ай бұрын
How do you time when to sell your car? When you let Tesla know you’re trying to sell your Tesla?
@JupiterDrifterX3 ай бұрын
Chris, great video!
@yuansundman21843 ай бұрын
Just curious… what made you decide to keep Y over X? We are trying to decide whether to upgrade to X from Y. Thanks.
@imaie36173 ай бұрын
I am only assuming it is due to his lifestyle , no kids sort of life. I am a mother of three children. I recently upgraded to model X (from Y) and it was the best upgrade. The extra cabin space is appreciated. The way the falcon wings do is functionally appreciated. We have the six seater. Not going back to the Y … unless it was just my husband and I (and maybe a couple pets)
@AndreyatlАй бұрын
Great vid,Chris! Thanks!
@thisisdanchoi2 ай бұрын
Do you think a 2026 Model X refresh is likely going to be as substantial as Highland/Juniper?
@cJeremy3 ай бұрын
how can it lose that much value in 1 year.. that's beyond insane!!
@EverydayChris3 ай бұрын
Yeah. Tesla changed the price like crazy
@justSTUMBLEDupon3 ай бұрын
It’s seems like he bought it at the height of car mania where everything was overpriced. Now EV’s are not selling as we clearly head toward a recession (and hopefully not worst than that). So it’s not surprising to me that it lost close to half of the value.
@Geckogold3 ай бұрын
@@justSTUMBLEDupon Well, that's part of it. But the bigger hit was when Tesla themselves cut the prices on all of their cars back in 2023, even the Model S/X. The Model 3 and Y also qualified for the tax credit on top of that, bringing even more of a hit to current owners, especially those who bought during Covid before January 2023 when the tax credit kicked in again for Tesla. But while that screws over the original owners, and Hertz in the case of car rental businesses, it's great news for used car buyers looking to get an EV. Also, it's interesting how EV sales are down in 2024, and a lot of news reports talk about the "death of EV's". What they neglect to mention is that while Tesla is down, many other automakers are up in terms of how many EVs they've been selling. And they don't report how the car market in general is also slow, as people are largely burnt out from all the ridiculous markups dealers did during Covid. Instead it's mostly "Tesla sales are down this year! OMG, nobody wants electric cars anymore!"
@Uouttooo3 ай бұрын
3 cars and the insurance is only $850 ?? That is cheap.
@thisisdanchoi3 ай бұрын
No mention of Cars and bids or other auction sites?
@Kenv-t7s2 ай бұрын
Hi Chris, now that the NFS Cybertruck is available, considering all the issues I’m reading about and the apparent nonexistence of the million reservations, I’m having second thoughts as a first-time EV buyer. I have a 2003 4Runner, and I tend to keep vehicles for a long time and don’t drive a lot. Any suggestions?
@experiencex70Ай бұрын
So that hack you did for factory reset, could that work to get FSD 30 trial again since the app thinks its a new onwer? 😎
@Virus9898983 ай бұрын
Did you consider BringATrailer or Cars&Bids?
@johnjohn32413 ай бұрын
Why did you decide to sell it?
@EverydayChris3 ай бұрын
In the video!
@ilovepinktacos3 ай бұрын
I sold my M4 convertible with 20k miles to a crypto kid for $69k i purchased the car for $68k with 2k miles . Great deal for me.
@EverydayChris3 ай бұрын
Very nice!
@bluecherrycc2 ай бұрын
Sad to see it go!
@EverydayChris2 ай бұрын
Sad but happy I have more money in my wallet haha
@MrDavidwesty2 ай бұрын
Chris!! You should have offered the car to one of us !! I would have paid you more than that!
@BlackBirdieGolf3 ай бұрын
I sold my BMW on facebook market and everything went fine. He gave me a check, him and I went to my bank and deposited it. He picked up the motorcycle a couple days later. I gave him the Key but not the bike until the check cleared.
@Chuck_PS3 ай бұрын
I’ve sold my old cars on Craigslist and never had a problem. You just need to know what you’re doing.
@kingcrimson53902 ай бұрын
Your X depreciation is close to my new 2024 M3p (55k)😂 . The reason I bought, while I know telsa’s depreciation is crazy, is free charging at office.
@ConstantinMagureanu3 ай бұрын
Hey Chris. Why keep the cybertruck and not the X?
@EverydayChris3 ай бұрын
Check out my other video!!
@swiftMyDay3 ай бұрын
My god the depreciation was savage 😮
@EverydayChris3 ай бұрын
So baaad
@mocheen48373 ай бұрын
Are you in the Bay Area? I thought that I saw your Model X driving on 280.
@raymondwong25213 ай бұрын
Carvana gave me $12,300 for my 2020 Model 3 with Enhanced Autopilot with 19 inch sport wheels, blue color with white interior at 60,300 miles. Tesla gave me $16,600. I think Enhanced Autopilot is worth $0 now to anyone. And even I have tried to select FSD just curious to see how much of a difference would that be. Carvana only increased the trade-in value to $13,300. Carvana thinks the FSD is only worth $1,000 usd. I also tried to remove my selection of EA, and the trade-in value dropped to just $11,300 usd. OMG. The car was $55,000 when new. Losing so much on a Tesla car. I actually now get a Model Y Performance. Keep losing money on Tesla cars, but I do make money on my Nividia stock, Palantir stock and Sofi stock now.
@clutchfan31522 ай бұрын
moral of the story. Tesla knows the true value of their cars. Only fanatics would overpay
@SFOtoLIH3 ай бұрын
You can’t sell your car with FSD, and then take the Tesla offer to transfer FSD to a new vehicle. You need to buy the new Tesla first, have FSD transferred, then sell your older Tesla. The way you buy/sell cars is crazy! You’ll always be in debt.
@kcw93133 ай бұрын
Dude lost nearly $90K on this car. How many KZbin videos does he have to make to make up for that after CA/fed tax? LMAO. Running an EV based channel has got to be a money losing proposition.
@JojoLannister3 ай бұрын
Tesla, car & tech videos are a high-paying niche. I watched other Tesla guy admitting to making $15k a month, and he has half the subs & viewers of this channel. Other high paid niche is stock market.
@Timmymao1633 ай бұрын
35000 views equates to roughly $35 from KZbin. At that rate, it will take 35,000,000 views to offset the underwater loss on the X.
@ethanog23793 ай бұрын
😂 stingy people never get it
@yhk19773 ай бұрын
The only Mod that’ll not bring the value of the car down is ppf. Any vinyl wrap especially a unique color is surely a 👎🏼
@EverydayChris3 ай бұрын
Mine was a unique color ppf haha
@yhk19773 ай бұрын
Haha. It sure was! Great car. Sorry you had to part with it. Thanks for the video. 👍🏼
@thongtran373 ай бұрын
Hmnm..bought at 115K-60K in 2 years ...55K $ value lost for 2 years is steep.
@soc7893 ай бұрын
Dayum
@cyclefrst77993 ай бұрын
Tesla keeps lowering the new car prices. That’s the real reason.
@Timmymao1633 ай бұрын
That's because they're priced like iPhones. How much is a year old iPhone 14 worth now that the 16 is out?
@jonathanisorena58563 ай бұрын
Your tesla is plaid? Or regular?
@TeslaOutage3 ай бұрын
Damn you sold too low. But thanks for showing us the process 😅
@Gabri3lRocha3 ай бұрын
yes but to some people such as myself its worth the peace of mind even if your leaving a lot of money on the table.
@Alpha_22883 ай бұрын
Sold too low ??? Find me another place that’ll take a 23’ MX long range for more than 60k. Tesla really fucked us MX owners by dropping the MSRP for more than 20K. Never buying a new Tesla again.
@Gabri3lRocha3 ай бұрын
@@Alpha_2288 it’s not Teslas fault. That’s the consequence of being an early adopter. I’m not hating and will gladly admit that I wasn’t wealthy enough to afford to be an early adopter
@Gabri3lRocha3 ай бұрын
@@Alpha_2288 also you could have just kept your Tesla opposed to selling it for nothing
@mrlogboy3 ай бұрын
well there is an exception, i went to Carmax, Carvana, tesla dealership and other place to see my very low milage 2010 Prius to get a Model 3. Carmax was the best .....................2nd higest price and matched another for me selling value. was no way going to go through a private type deal as wanted money to put on the NEW car ASAP if not sooner lol . No i do admit that maybe because i was buying a Tesla a wek before i reach out and said oh i have a trade in and they took the dets and also looked in person a few days after to confirm the office but they were the highest. i got over 60% of the original value and $5000 more than Carmax. liek you i did it there And locked it and as it really help pay for the new car and knocked down the price alone with all the FED/ State, county and power company incentives. Chris you did the right thing Research, you need to research for each car or time as if i did it today maybe Carmax would be best deal , lol keep up the good work
@richn.1860Ай бұрын
Tesla is to blame for the crazy depreciation. They slash prices on new model years.
@manuelwilson92142 ай бұрын
Thanks!
@2049chs2 ай бұрын
what do you & spouse do for a living?
@GregySVK2 ай бұрын
That depreciation is insane... I understand these cars are "new" in the market and technologies, prices, everything is getting better so our teslas or other EVs are going down in value quicker. I'm wondering whether it will be a good time to buy new tesla. It's like mobile phones market, everything is going forward really quick. Of course phone is $1k, not $100k... Answer is - buy used. But I hate that tbh 😁 other answer can be - don't sell ever 😁
@mileslynch3 ай бұрын
I know you said you had too many cars but why not sell the Cybertruck?
@EverydayChris3 ай бұрын
I have videos on it!
@SpottedSharks3 ай бұрын
Ah, McLovin. Good times.
@EverydayChris3 ай бұрын
Best times hahaha
@youngboy4129Ай бұрын
My local dealer gave me $20,000 for my 2023 Model Y with 20000miles on it.
@bladmorenoАй бұрын
20k I would never sale it for that low. I would have bought from you
@chelseaboyuk753 ай бұрын
Loved the Blue pal
@jianbinchen28813 ай бұрын
why buy just lease.
@henrycruz45cal3 ай бұрын
Never, ever do what he did. I always sell my car as a private sale and it's always 5-7k more than any of those places offer.