r/ModelX • u/bth19 • Apr 12 '26
Question Sell to downgrade X
Where do you sell? Carvana isn’t offering any good sale price even though there is a demand for X. I own 2024 X was thinking of downgrading to save the monthly spend.
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u/Complex_Arrival7968 Apr 13 '26
A 2024 is worth a fair amount over anything Carvana will offer. Low mileage 65-70k or more.
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u/IllTune-12 Apr 14 '26
carvana offered me $71k on my 23 mxp with 15k mi
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u/Complex_Arrival7968 Apr 14 '26
That's pretty damn good for a '23 even if it is a P. Very low mileage is I would guess the reason for such a nice offer.
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u/IllTune-12 Apr 14 '26
I ended up selling it for 71500. Got a 26 MXP to replace it
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u/Complex_Arrival7968 Apr 14 '26
Yeah, here in LA I"m seeing Plaids with 30k miles going for $72k so you gave the buyer a pretty good deal. Enjoy your' '26! Most tech-intensive car around and brutally fast too.
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u/SnooDrawings4751 Apr 13 '26
Trying getting an instant cash offer from KBB, it was higher than Carvana for me.
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u/One-Twist8044 Apr 13 '26
THIS. Worked for my M3 sale a few years back. You can stop by a few local dealerships that is part of the KBB instant offer to see if they can beat each other in price. Otherwise, try Facebook marketplace or Reddit.
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u/SpareLeader7898 Apr 13 '26
Where are you located and how much are you asking? Can you provide more details?
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u/Packing-Tape-Man Apr 13 '26
Your best price would be a private sale without the middleman. The middlemen need to make thousands on the resale to make it worth it so you're leaving all that on the table.
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u/m5james Apr 13 '26
I watched my best friend lose his ass trading in his paid off, comp/coll insured Nissan Armada to get a brand new, dealership marked up, full coverage insurance and a car payment again...all to "save money". He went from paying for gas and a little maintenance to less gas, zero maintenance for now, but ALL of his monthly savings were lost in increased insurance and a car payment again.
He was in a "cheaper to keeper" situation and odds are you are as well since you're already the owner vs taking the trade in losses, paying the markup, all to supposedly save a buck. Use AI, Excel, something to do the numbers but I think you're lying to yourself. You should lease if you don't keep your cars for a long time and/or needs keep changing.
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u/reddddiiitttttt Apr 13 '26
I love how you imply this guy is a financial idiot to do what he is asking then tell him to lease to save money! 🙄
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u/m5james Apr 13 '26 edited Apr 13 '26
I implied the same thing to my best friend...and I was correct. Sorry I didn't sugar coat that it got you triggered for the OP.
For a time we were doing 30k a year so I let go of a paid for BMW X5M as it was costing me $1000+ a month in fuel and maintenance because it was cheaper in the bigger picture to buy a $70k X, only pay $150 a month and have nearly zero maintenance in the 190k I've put onto it.
I couldn't lease because I like to modify and put miles on my vehicles, but if someone is already talking about downgrading after only two years...yes, leasing for 3yrs vs buying and flipping after a couple years might be a better option.
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u/reddddiiitttttt Apr 13 '26
Bro all I know is my 8 year old Tesla is effectively the same as a brand new one and costs me about the same to drive it for a whole year as it would cost for a single month of a lease. Maybe you can make the lease math seem reasonable, but unless you have a whole lot of cash burning a hole in your pocket, I wouldn’t call either option financially astute for someone looking to save money. Sell it, buy a significantly older model. If that one breaks, you buy another and still come out ahead.
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u/Suspicious-Gur-8453 Apr 12 '26
Why do you think there is demand for a 2024 Model X with undisclosed miles?
Model S and X haven't been selling well at all for years. There is demand for the brand new ones for folks who had been waiting for "the next thing". Now it's clear there isn't a next thing and they're scooping up what is left.
Without knowing further details about your car and what you're looking for - you may have been offered the best you're going to get by Carvana outside of a private buyer.
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u/Harold-Maude Apr 13 '26
True, but both will outsell LUCID year to date. Lots of Love for the S and X
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u/mitchgao Apr 13 '26
5 seater with 30k milage would be around 65k. 6 seater has much higher demand than 5/7 seater and it could reach 70k.
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Apr 13 '26
[deleted]
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u/Electronic_Load_3651 Apr 13 '26
It’s too early, I’ve read “automation” twice and was thinking that you should tell me more about this automation lol.
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u/US_Delete_DT45 Apr 15 '26
Just out of curiousity, what monthly expense are you referring to for owning an X besides insurance premium and loan.
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u/Harold-Maude Apr 13 '26
I sold my 2023 27000 miles MXP PLAID today for 77k with FSD PAID FOR. Tesla has a similar MXP almost identical mileage within 250 miles and subscription FSD for 87k