Misc.Jul 14, 2022
CumminstOee57

Buying a tesla by selling ioniq5

Hello blind family, I booked a tesla model Y in February by depositing $250. When i booked, the selling price for my tesla was $63k.They told me that it will be delivered sometime in October. Since then the prices of teslas have increased and now the same model Y is being booked at $70k. However since i booked it at a lower price point, Tesla is honoring the price i booked it for. Meanwhile in March i got tired of waiting and bought a ioniq5 for 52k(on-road). It's SEL but only RWD. As it is approaching October. I am considering selling my ioniq and getting the model Y. I am thinking any loss that i will have on the ioniq, will be compensated from the $7k discount i am getting on tesla. I am also eligible for $7.5k federal EV credit. Questions for you guys: 1. Any problems in getting EV credit if you have already sold the car. Has anyone done this before? 2. Ioniq is still on loan#misc . If i want to sell it myself, how do i do it. 3. Does this plan even make any financial sense? I am seeing very high prices for used ioniq 5 on CarGurus with about the same mileage. However they have been there for a while. Dunno how long it takes to sell one of these cars. Thank you, TC:160k YOY:10

Siemens efg78yy Jul 14, 2022

Donโ€™t you have to keep the ioniq till end of the year to claim tax credits? Probably youโ€™ll have to sell it for atleast $7.5k less just to compensate buyerโ€™s tax credits. Any sane buyer will understand that they donโ€™t get tax credits if theyโ€™re buying it used. On other hand, trade it in with Tesla, they pay competitive prices.

Snap gterqw Jul 16, 2022

Ioniq5 is better than Model Y. Why sell for an over priced car? Going from ioniq5 to Y, you will be disappointed about Ride Quality and bland/cheap interiors.

Google chulbul:) Jul 18, 2022

If in Bay Area, I can take this off your hands :) Been looking for one for a while. DM if interested.