Used Tesla Model 3 Posted On Craigslist For $150,000 (update)

1 month ago by Eric Loveday 99

Used Tesla Model 3 On Craigslist

It’s in high demand, so why not try to sell it for a major premium?

For just $150,000, you could become the owner of this used Tesla Model 3.

Used Tesla Model 3 On Craigslist

Here’s the Monterey Craigslist listing in its entirety:

First ever Tesla Model 3 for sale. Car is lightly used with just over 2,000 miles. This is a unique opportunity to own one of the most anticipated cars ever. Skip the line of over 400,000 people and buy the car of the future now! Car is fully loaded with the 310 Mile Long Range Battery, Panoramic Glass Roof, Premium Interior, Sound System and Aero Wheels.

Car has been great for the past 2,000 miles and a unique circumstance is forcing me to part with the car. Fit and finish are excellent for an early production model. This car meets all of the hype and I plan on owning another in the future.

This car will not qualify for the $7,500 Federal Tax Credit because it has been registered. So if you want a tax credit, please do not contact me about purchasing this car.

I am not really sure how to price the car but it is in obvious demand. I understand the curiosity but serious offers only please.

THIS IS REAL.

Used Tesla Model 3 On Craigslist

The VIN#209 Model 3 is likely a Tesla employee car, so we’re not sure how the owner thinks he/she will be able to circumvent Tesla’s resale policy, which reads:

Because employees are receiving special priority, all Model 3 cars prioritized to employees must be registered to you or your family member and may not be resold for more than the original price. Reservation holders will agree to these terms when their order is placed.”

Any takers for $150,000?

Update (2:31 PM):  Perhaps coming as a surprise to…no one, the ad has now been removed.  One imagines Tesla got involved, and or a deal has been brokered.

Used Tesla Model 3 On Craigslist

Used Tesla Model 3 On Craigslist

Window Sticker

Source: Craigslist via Electrek

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99 responses to "Used Tesla Model 3 Posted On Craigslist For $150,000 (update)"

  1. L'amata says:

    That’s Cheap!

    1. Disappointed says:

      So, an “Insider”, paid $55,000, which with tax and license in CA, is over $60,000.

      Why do some on this site scream and holler that to suggest such a price, is tantamount
      to being a Tesla hater?

      I’m sure that there are some reservation holders that will be unable to step up to this price,$60,000, but don’t blame the truth tellers.

      1. floydboy says:

        Huh? Who the heck would suggest the car costs something other than what’s there on the sticker? “Insiders” pay the same price as outsiders.

        1. Dan says:

          that is before tax credit and CA rebate

      2. L'amata says:

        Another Einstien….l m a o….It’s a Load of “BS” just Cheap Talk , He’ll never get close within a million miles of getting that kind of money ..it’s Used car take 30% off His Original retail purchase price and go from there.

  2. John says:

    America at it’s finest- the price some folks pay to “be the first.” It’s like paying $1000 for a new iphone, just to have it discarded in a drawer a mere 2 years from now.

    For the record, if I had a Model 3 right now I’d do exactly the same thing..

    1. SparkEV says:

      I’d set the price at $314,159.27. There are many review sites / magazines with big bucks behind them that are interested in having the first scoop. I like pi, especially if it’s pumpkin.

      The freedom to set your own price is not always possible in US. Try to jack up the price in case of storms, and you’re prosecuted as a gouger. Meanwhile, price control keeps everything sold out and those who truly need them can’t get them even they have money. Former Soviet citizen youtuber describes this is why money was worthless under price control.

      1. L'amata says:

        There is no material things in this world, that I would want that badly ..Or even remotely close!

        1. SparkEV says:

          I assume you don’t live in CA, because most houses here are way over $400K.

          1. L'amata says:

            You assume correctly …But, we too have homes here that go for Multi $$Millions$$. That does not mean that I need, Nor do I Have a Need and/or Utility, or desire to Buy one of them.

      2. Brian says:

        Wow. That’s one heck of a serving of Pi.

        1. SparkEV says:

          I sold my old 300ZX (should’ve been 314 ZX) for $3141.59. I didn’t budge on price, buyer gladly paid. If you ever see something being sold for pi, buy it; the guy (or gal) selling it knows the value.

    2. peter904 says:

      John. How do you feel when you hear an independent franchise dealership adds “added mark value” on top of the MSRP and fees to buy that hot new model? Happens frequently when demand outstrips supply.

      1. John says:

        peter904- I hate dealerships for that very reason. And I’m not hating on someone for making money, I’m shaking my head at idiots who would pay it.

        1. L'amata says:

          WE Got to not be influenced by the lure of materialism. (Unless you’re a Billionare) lol “Buy Objectively”…. “Not Subjectively” ..

    3. Someone out there says:

      Not just in America… just a couple of weeks ago the lobster season started in Sweden and they had an auction for the first one caught. It sold for SEK 47000/kg (5834 USD)! Who pays that much for a lobster? It wasn’t even a record, far from it.

  3. bro1999 says:

    If this was a “friend” delivery and not an employee one, I wonder if the same restrictions on resale don’t apply. Someone needs to take up this guy’s offer for at least a test drive and post a full review!

    1. ClarksonCote says:

      I was thinking the same thing, NDA’s be damned, haha!

      Great to hear that he finds the fit/finish to be so well done despite being an early car off the line.

    2. Big Solar says:

      May have been someone who quit or got fired.

  4. Art Vandelay says:

    Without 19″ wheels, no way…

    1. ClarksonCote says:

      It’s also disappointing that US/Canadian parts content is only at 50%.

      1. ClarksonCote says:

        Although, in looking at other vehicles across the board, that’s a pretty high amount. I was just expecting higher given the battery gigafactory being in the US.

        Other points of Comparison:
        Tesla Model 3: 50% US Content
        2017 Volt: 50% US Content
        2017 Nissan Leaf: 40% US Content
        2017 Bolt EV: 27% US Content

        I saw values ranging from 0% to 83% across all manufacturers, though I didn’t do an exhaustive search. Many are sadly on the lower end of that spectrum.

        https://www.nhtsa.gov/part-583-american-automobile-labeling-act-reports

        1. Acevolt says:

          The highest US/Canadian content car is the Kia Optima with 83%. Followed by the Fiat Chrysler Jeep Wrangler with 75%.

          1. ClarksonCote says:

            In 2016, the Chevy Traverse and GMC Acadia both had 80% US Content, though for some reason that dropped to 71% in 2017.

  5. bro1999 says:

    Maybe we can start a Kickstarter campaign and help Jay and the IEVs crew acquire this Model 3 for a full teardown/review? Lol

    1. (⌐■_■) Trollnonymous says:

      A “GofundMe.com”……lol

      1. Will says:

        Actually that’s a great idea. InsideEV, should buy it funded by us.

        1. pjwood1 says:

          Right. I’m going to guess there’s a carmaker bid that’s somewhere south of this asking price. The car will easily go for above sticker, by lots.

          Maybe seller quit Tesla?

          1. Big Solar says:

            i will give 20 bucks towards it….

  6. William says:

    At that price, I’ll take TWO!
    I wonder where the bidding would take this, at auction, on EBay Motors?
    The sky is the limit, or Mars is the limit.

    1. Pushmi-Pullyu says:

      Yeah, the guy is an idiot for not putting this at an auction site. Craigslist is not the place to sell a valuable item in very high demand.

      If he thought he could get away with Tesla not noticing he was offering it for sale because it’s not on Ebay… well, then he’s an idiot for thinking nobody would pass the word along!

      1. ClarksonCote says:

        I wonder if there was some sort of clause in the NDA that prevented him putting it out for auction or on eBay?

        Maybe the Craiglist ad is an attempt to get around any such limitation?

        Just thinking out loud because I agree with you, a Craigslist ad seems a bit odd.

        1. wavelet says:

          It’s been claimed (don’t know if that’s the case) that the restriction in the paid-beta program (sorry, Tesla’s friends & family dela) was indeed no resale of the car for a year.

  7. Counterpoint says:

    “a unique circumstance is forcing me to part with the car”

    The “unique circumstance” presumably being that he can sell it for 3x what he paid for it.

    1. DJ says:

      Exactly. I suggest we all contact the guy and hugely waste his time 🙂

    2. WadeTyhon says:

      LOL I think you hit the nail on the head.

    3. Pushmi-Pullyu says:

      Except that he won’t. I’d almost bet money that Tesla will get a judge to issue an injunction blocking the sale. The guy is in violation of the contract he signed when he bought the car. Of course I haven’t seen the contract, but I don’t need to be a lawyer to understand that Tesla would have specified in the contract that the car can’t be resold within a short period of time; perhaps a year or so?

      1. Will says:

        Push, it’s his car and property, the judge will just throw the book at Tesla

        1. Big Solar says:

          especially if he/she no longer works there

          1. Loboc says:

            An NDA doesn’t expire if you’re fired or quit.

            I know this from personal experience.

            1. CCIE says:

              No, but they’re rarely found legal or enforced by courts. It’s just that most people don’t feel like hiring a lawyer to fight the NDA.

              1. wavelet says:

                You’re confusing a Non-Compete clause in an employment agreement with an NDA, which is much more widely used, and not just for employees: It’s common to be used with a company’s partners, clients etc.

                NC clauses are indeed not valid in many places, limited in use by the courts; NDAs are pretty much always valid when they clearly cover trade secrets.

                That said, actual attempts at NDA enforcement only happen when there’s sufficient money involved.

                1. CCIE says:

                  You’re right. I wasn’t thinking since everyone was talking about him being locked down by his employment agreement

        2. Doggydogworld says:

          No way to know the legalities without seeing the contract. There could be an option to buy, or something like a 12 month right of first refusal.

          1. Nix says:

            exactly. It all comes down to contract law. Any property can have any terms added to ownership, with HOA agreements being the prime example. It all comes down to the contract.

            1. Will says:

              Yeah that’s true Nix, but there is no precedent on baning resell of people’s property especially a moble property like a car. I think the courts want to take these cases especially if it’s not enforceable, that will make Tesla the big bad corporation in the press and media

              1. Nix says:

                Will — There is no ban on them selling their vehicles. Where did you get that? Are you just making up lies on purpose, or are you simply that badly misinformed?

                They are free to sell their vehicles at any time they want. The only limitation is that they cannot sell it for more than they bought it for.

                Putting resale conditions into private contracts are absolutely legal. Examples include Right Of First Refusal clauses that are perfectly common and legal. Or in cases like Habitat for Humanity, they limit both resale price, and conditions on resale:

                “deed restrictions prevent their owners from selling the homes for profit or getting home equity loans until the 20-year mortgages are paid. If Habitat homeowners sell their homes before 20 years are up, they must sell them back to Habitat for the amount they cost”

                http://www.washingtonpost.com/wp-dyn/articles/A21836-2005Feb13.html

                Why do you folks keep making up falsehoods surrounding this issue of resale? If you have some sort of actual evidence to support all your false claims, post it!!

    4. Steven says:

      Maybe the selling is a former Tesla employee.
      Maybe the unique circumstances are that (s)he got fired, and needs the money. They shouldn’t be bound by the the resale restrictions.

  8. mxs says:

    This world has plenty of idiots to buy it … it will sell, no doubt.

    1. John M says:

      This “idiot” will probably be some other other car manufacturer who wants to tear it apart to analyze costs and performance.

  9. Tim F. says:

    The Model 3’s only selling point over other Tesla models is that it’s more affordable. Otherwise, there’s nothing it does that the Model S can’t do better even at half the price this guy is asking. Good luck, buddy.

    1. Bacardi says:

      There are a half million paid reservations and countless engineers who’d love to tear it down…This car will have no problem finding a buyer.

  10. Murrysville EV says:

    I’d pay $150k for blue with the nice wheels, but not silver with aero wheels.

    Does the FM radio work yet?

  11. Titolajko says:

    Asking $150,000 for a car that cost him 55k and he is too cheap to spend 30-50$ to list it on cars.com or auto trader and actually reach some real buyers. Come on dude

    1. Spoonman. says:

      Listing on Cars.com is free, or at least it was last year when I sold my Fit to buy my C-Max Energi. I feel like the caliber of buyer on cars.com is definitely higher than on Craigslist.

    2. MTN Ranger says:

      I got better response from Craglist than using other car sales websites when I sold my last car. Plus it’s free.

  12. Tom says:

    Perhaps he/she is no longer an employee and thus not subject to the rule?

    1. A Friend says:

      Perhaps he/she sold to a friend and this friend is reselling in craigslist.

    2. Scott Franco says:

      Bingo. Disgruntled employee getting revenge.

    3. Pushmi-Pullyu says:

      My guess is that he no longer works for Tesla, and that he thinks the contract no longer applies to him, because he’s no longer a Tesla employee… or that he simply thinks he can get away with it because they can’t threaten to fire him.

      And I am nearly certain that he will very shortly be informed he’s wrong about that, if he hasn’t been already. I very seriously doubt Tesla’s lawyers were stupid enough to word the contract so it no longer applies if the employee is “separated” from his job.

      A contract is a contract.

      I’m expecting an update to this article which says the offer has been withdrawn.

      1. CCIE says:

        Maybe the penalty is worth it to this person just to screw with Tesla.

  13. (⌐■_■) Trollnonymous says:

    Those Aero wheels are so damn SEXY!

    /sarc

    1. Domenick Yoney says:

      Ha! At first I was like, “Dude is drunk!”

  14. Rudy says:

    Might as well get a new Model S P100D and have some money spare

    1. philip d says:

      I’m sure that’s his/her plan once they unload their M3.

  15. HVACman says:

    Note the battery pack final assembly point was in Fremont. Apparently Tesla has not yet started building their packs at the Gigafactory, as was planned. I wonder if that is part of the production bottleneck?

    Since the VIN has been revealed, Tesla management and their legal team can figure out who this “seller” is. I wouldn’t want to be in this seller’s shoes today. I bet the ad disappears within 24 hours.

    1. Bacardi says:

      What if his “unique circumstance” is taking another job? If this is a Tesla Employee, they must be pretty high up to get one the first 250 vehicles…

      1. Pushmi-Pullyu says:

        “If this is a Tesla Employee, they must be pretty high up to get one the first 250 vehicles…”

        Not necessarily. According to what Elon Musk said at one point, priority was strictly according to who paid their money first. Elon said he wasn’t going to get the first one off the line because another Board member wrote him a check during a board meeting, so that Board member was first. (But then the Board member gave him the car as a gift!)

        OTOH, that story could have been just spin.

  16. Four Electrics says:

    “Fit and finish are excellent for an early production model.”

    How are fit and finish as compared to a BMW 3 series? That’s what everyone wants to know.

    1. pjwood1 says:

      I think everyone is more interested in resale value trends.

      Model 3 : BMW 3

      Will the pattern hold?

  17. Nero says:

    Was actually same with i8 when it came out.
    £100k brand new and used ones were selling from £135 as no one wanted to wait in the queue for a year.

  18. Bacardi says:

    I’m still not 100% this is not a prank of a from a friend or even a bitter ex…

    What strikes me as odd, is it being on a local craigslist ad…Do you really want to deal with onslaught of emails? They know the demand, why not reach out to the major automakers to see if they want one? The major auto auctions would love to get their hands on this for the buzz, they could probably find some rich dude to pay way over this asking price and the seller doesn’t have to do anything…

    1. Pushmi-Pullyu says:

      Certainly possible. So now it looks like we have two reasonable scenarios:

      1. The guy is totally and completely clueless for putting it on Craigslist instead of an auction site

      2. It’s just a hoax

      1. God/Bacardi says:

        I have exposed this as a hoax…

  19. Nix says:

    For anybody else thinking about doing this, keep in mind that the $7,500 EV tax credit requires that:

    “The vehicles must be acquired for use or lease and not for resale. Additionally, the original use of the vehicle must commence with the taxpayer”.

    The original owner probably meets these requirements because they drove it for 2K miles and had a “change of circumstance” from when they purchased it and likely didn’t purchase the vehicle for resale.

    But if anybody is thinking about listing their Model 3 for sale the first day they get it, with zero miles, it would be tax fraud to try and take the federal tax credit. Nor would the next buyer be able to take the tax credit if you didn’t take it. Only the original purchaser who bought it directly from Tesla can take the credit.

    I also wouldn’t signal my intentions to resale ahead of time by posting them on the internet for everybody to see. Especially when reporting this fraud to the IRS could make somebody $1125 per violation.

    1. Pushmi-Pullyu says:

      I dunno, someone claimed the last time the subject came up here that you couldn’t resell the car within a year if you took the tax credit. (Or maybe you have to repay the tax credit if you resell the car within a year.)

      I assumed they knew what they were talking about, but of course I, along with them, might be wrong about that.

      1. Nix says:

        There is no hard fast 1 year rule. But you are certainly going to be very safe if you wait a full year before reselling. Not selling it until after you have received the tax credit in your tax return would give you plausible deniability. Keep in mind that how the IRS works is that they deny you the tax credit if they think they can justify denying it, and it is up to you to prove them wrong. There is no innocent until proven guilty on denying a tax credit. So holding it a year would certainly be one way of showing that you didn’t purchase it with the intent of reselling it.

        Now each state also has their own rules. For example, California has a 36 month rule:

        “Retain ownership of the vehicle in California for a minimum of 36 consecutive months immediately after the vehicle purchase or lease date”

  20. Scott Franco says:

    The ad will disappear quickly. I’m sure the first enquirys were from Tesla personnel.

    1. Pushmi-Pullyu says:

      More specifically, from Tesla’s legal department. 🙂

      1. bro1999 says:

        aaaand it is gone.

  21. Francis L says:

    What if an employee sell its for the regular price to a third party, then this third party can resell it for the price it wants.

  22. CDAVIS says:

    Could it be clever Tesla marketing?

    … A Model 3 for sale at 3X sticker generates a bunch of free press and makes the current Model 3 early reservation holders even more value their reservation.

    But Tesla at this time does not benefit from additional free press for Model 3 considering Tesla is currently anti-selling Model 3… then again that in itself may be part of clever Tesla Marketing.

    If this is a legit saw offer and Tesla does not shut down the sale the car will likely soon end up in a Chinese tear-down lab.

    1. CDAVIS says:

      My typo “saw offer” should read “sale offer”

  23. Tifighter says:

    Not priced for an individual. More like priced to sell to Nissan, GM, or others for “competitive analysis”…

    1. Brave Lil' Toaster says:

      More like priced for a collector.

  24. Scoyy says:

    Ferrari buyers do the same thing. Buy the car and flip it!

  25. Brave Lil' Toaster says:

    “The VIN#209 Model 3 is likely a Tesla employee car, so we’re not sure how the owner thinks he/she will be able to circumvent Tesla’s resale policy”

    Maybe they don’t have a job anymore, and that car that used to be on Craigslist yesterday is now in the possession of Tesla once again.

    Because they could totally do that.

  26. Dirk says:

    Schools need BEV buses more than we do unfortunately they can’t afford them. Hoping battery prices need to come down.

    1. Dirk says:

      Hoping Battery prices will come down.

  27. Kdawg says:

    “Because employees are receiving special priority, all Model 3 cars prioritized to employees must be registered to you or your family member and may not be resold for more than the original price. Reservation holders will agree to these terms when their order is placed.”
    ———–
    OK, so sell it to your buddy for the original price. Then let him sell it for 3x the price and split the profits with him.

  28. Someone out there says:

    It would be pretty stupid to pay $150k for a model 3 when you’d get a nicely equipped model S for that kind of money.

    1. Kdawg says:

      But “first”! 😀

  29. Mister G says:

    Only a moron with money to burn would buy this LOL

  30. Don Zenga says:

    Both greedy and crazy guy. Anyone could buy new top of the line Model S/X for much lesser price. Ideally Tesla should deliver Model-3 only to those who sign up to retain the car at least for 1 year before selling. Otherwise they have to sell it back to Tesla instead of triple the price on the open market.

  31. Will says:

    Wow some commies hete today.

  32. Tom says:

    Opportunists price gouging at its best.

  33. Juballong says:

    PR Stunt

  34. bro1999 says:

    This is what happens when you try and pass off a beta testing vehicle as a production car.
    FWIW, that Model 3 is definitely worth $150k. If you couldn’t find a way to make at least that much as the only Model 3 owner able to offer an exclusive, first in-depth review of a 3 to a major auto rag, you are a moron.

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