Every iPhone launch day we see groups of men & women with bundles of iPhones in their arms either to instantly sell the phones on (for an easy £30-£150 profit) or to take to stores like CEX who generally will always give a higher price a day or so after launch.
The Tesla Model 3 car is the long awaited ‘affordable’ electric car from Tesla, with a £1,000 refundable deposit we’re interested to see if anyone would be pre-ordering with the hope of reselling for a profit.
Little is known about the Model 3, other than it’s estimated to have a 200-mile range, it’s roughly the same size as a Audi A4/BMW 3 Series and it should be priced FROM £35,000, with additional hardware like Autopilot (self-driving) being added optional extras.
When does it go on sale?
From 8am on 31st March 2016 in UK stores & 1st April on Tesla.com
But orders aren’t expected to arrive in the UK until 2018 with existing Model S owners taking priority over the general public.
Could I actually make a profit?
Just like anything that is new, people will pay over the top for it. e.g. you could pre-order, keep for a few days and possibly sell on for a profit.
Are people already queuing?
Not that we know of in the UK however, Australian publication EFTM talked to Andreas Stephens, the first person in the queue for the Model 3:
As the owner of a Toyota Corolla Seca right now, Andreas doesn’t even have a garage – “I’ve got two years to build one”.
He credits his 19-year-old son with putting him onto the story of Tesla – the very same son who will likely be keen for a drive in Dad’s Model 3 when he’s 21 years old.
Of course, Andreas is also aware he won’t be the first person in Australia to own a Model 3 – priority in the queue will go to current owners of a Model S, but still, his queuing up to be one of the first is a story he’s keen to share with his grandkids in the future.
The Bad News:
It seems Tesla have thought of this and have placed a clause in the upcoming (& later removed / unconfirmed) Model 3 Reservation Contract from their website.
The Possible Good News:
You could still buy, once it arrives sell it immediately to another person…