Now's The Best Time to Replace My Tesla Model 3
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- เผยแพร่เมื่อ 20 พ.ค. 2024
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It's the best time in history to part ways with my 2018 Tesla Model 3 but there are some things to consider first
0:00 Replacing My Model 3
0:40 Pro #1
1:45 Pro #2
2:40 Sponsor
3:42 Pro #3
4:50 Con #1
5:24 Con #2
6:36 Con #3
7:24 Con #4
8:08 Con #5
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When I first got my Model 3 I swore that I’d keep it for at least 10 years. FSD is currently $15,000 & I bought it for less than half that back in March 2019 ($7,000 total for FSD). If I don’t take advantage of this current FSD transfer & I want to keep using FSD then I either have to keep my current Model 3 as long as possible or shell out $15,000 or possibly more if I upgraded to a newer car in the future. Upgrading now would get me a new battery with 40 miles more range if I stick with the long range version or it will be quicker and more powerful if I get the dual motor long range, it would have a power trunk, USB-C ports, improved center console with built-in wireless phone charging, double-paned windows for improved ride noise, more comfortable backseats, newer computer chip with faster touch screen, and more. I could choose to save the most money by getting the most affordable standard range Model 3 with the LFP battery which is only 20 miles fewer range than my current Model 3 but I’d be able to charge to 100% daily so I essentially wouldn’t be losing any daily driving range. I’m big on efficiency and getting the most from a purchase and I’d love to drive my current Model 3 for at least 250,000 miles so I can get the most out of my money. If I bought the cheapest standard range Model 3 and got the full tax credit that would cost me roughly $34,000 minus the $17,000 for my current Model 3 which would be a total cost of $17,000 but I’d be getting less range and I’d also have to pay to get the same aftermarket upgrades that I have on my Model 3 which include things like window tinting and paint protection film which would cost another couple thousand dollars. The next con is probably the one that is the biggest hesitation for most Tesla owners who are in a similar situation & that is that the new upcoming refreshed Model 3 nicknamed Highland is rumored to be the most significant refresh ever with some amazing new features like a new exterior styling, a new interior that is similar to the Model S with ventilated seats and ambient lighting. The biggest new feature it will have is the latest full self driving Hardware 4 which includes an all-new computer chip along with new cameras on the exterior that is expected to be much better for the implementation of level 5 full autonomy which is Tesla’s long term goal for achieving their robotaxis that can drive around without human intervention. Nobody knows exactly when it this new highland Model 3 will come but we definitely know it won’t be here before October which is when the FSD transfer option expires so it’s extremely tough to upgrade to a new model 3 now knowing that a better model 3 is right around the corner. I do believe I got lucky with a very good battery in my Model 3 because I know of many others who have the same car from the same year and their battery life has taken a much bigger hit than mine.
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Wait for the Hyland if you'll still be able to swap the FSD...
I think you should forget about a M3 and just go for the Cybertruck. Think about all the new contents you would have for your channel.
I live in Louisville I'll buy your Model 3 if u want?
Buy it. It'll support the GOP Rep party. 👹
Andy keep it for sentimental reasons and as the first true popular electric car in history. You will have newer tech when you get your Roadster 2. That Roadster will blow away any small enhancements you will benefit from with the new model 3 highland. Plus the roadster and model 3 are about the same size. You might as well keep the original.
Finally, save your money to support the Roadster when you get it. It's going to be free but you know it will still cost you money for insurance and anything you do to it for your videos. That's my 2 cents. Good luck with your decision.
I would save the money and stick with what you have. If the car still meets all of your needs, then there isn't a need to replace it. I also think continuing to get your perspective on your older model 3 is more valuable for the channel. There are plenty of TH-cam channels that have new cars but not nearly enough of those with cars as old as yours.
Nonsense
I agree, he should keep it. FSD is still not happening, and who knows how many years before it might work? FSD buyers are paying for Tesla's R&D. Save that money!
agree with this. really tough decision overall but keeping the car ends up coming out ahead.
Given the proximity of Highland, it’s better to stick with your existing… personally, 8 have some regrets about my 2020 M3 which I got just before the power trunk lift and heat pump revision… not huge but still…
Hopefully, they’ll allow us to transfer FSD in the future… there’s really no reason why not
I agree with all of these people. Keeping it makes the most sense to me. Do you have a jewel of a car with plenty of battery life and the new one is not out yet. If you buy right now, I think you’ll have buyers remorse about not getting the newest Model3.
I totally resent these manufacturers from putting pressure on all of us to spend money now so their stockholders will be happy. I believe all that owners of full self driving transfer over at many more times in the future. They’re always wanting that and a quarter kick. Totally enjoyed your channel and personally enjoyed your input to me several times.
Honestly, I think the answer is very apparent. Unless you are a multi millionaire, your best bet really is to just keep your car that suits your needs now and continue to use it for many years. I also think it’s more beneficial to your channel to continue the story of how your tesla holds up overtime. I completely understand the temptation to upgrade, and having a brand new car and a brand new warranty are definitely very tempting. Ultimately, though your best value is the stick with what you have for a few years.
As far as Tesla, the company is concerned, you have already lost over 3/4 of your cars value. That means if you keep it for another five years, you will lose very little value and continue to get amazing use out of it.
But the that does not reflect the American culture that all of know. Wasteful, talks big about strategies on how to save, turns around and waste some more.
My 2000 Subaru probably hasn't lost $100 in value the last couple years, and next year it may go up in value, as at 25 years, it will no longer have to be tested for emissions.
He didn't lose 75% value. Model 3 Long ranges from 2018 are selling for $28-30k on carmax now and the Model 3 long range in 2018 was only $49k before the $7.5k Federal tax credit.
I can see why massive depreciation of your car and FOMO is making you feel like this is a rushed decision to make but coming from someone who keeps their Toyota and Honda for 15+ years, the most practical answer is to continue driving your current car and keep it till at least the 250k mile mark like you planned. If there are no big problems with it I say do it. You can make videos of more long term review usage. There will always be the next best thing out there with cars and phones.
No one wants to keep a car for 15 years. Get real
Except he makes content bases on Tesla's
@@Mr.CEO888 I do. It's just a dam car. I cannot talk to it or have sex with it.
No Tesla will ever last that long. In fact, I'm expecting mass failures of spectacular nature in another couple years. Tesla will go back to only being the name of a disregarded genius from the late early 1900s.
2000 Subaru with 230k miles. Still drive every day, and everything on it works. Better than a new car is invested cash--appreciating instead of depreciating.@@FreedomFinanceFun
I'd keep it. I am in the same boat as I too have a 2018 Model 3 (80k miles -- so still have some battery warranty unlike yours), that has no issues. My 100% range estimate is 294 currently (310 originally). I also only drive it about 100-200 miles a month anyway, as we take the wife's 2023 Model Y daily for the most part and on trips. Having something new would be fun, but isn't financially practical. And, with Highland potentially around the corner, I likely would wait at least until then anyway. And with the trade-in values so crappy, I may as well just keep it until it is completely used up, which could be another 5 years (or more).
Yeah Andy the whole point of sustainability goes out the window if we replace our cars every 5 or 6 years
Keep your current car IMO, it would be foolish to trade for the money difference.
keep your existing car a while longer, as there's more choice to come..
You described the temptation I think a lot of us are feeling, given how Tesla has marketed things.
I have a 2019 Model 3 Mid-Range with FSD and have put a lot of thought into this like you, but I decided I will stick with what I've got. It suits all my needs and is still a fantastic car. New things are tempting, but I am trying to simplify my life instead of adding more and more to it all the time.
Same here
How many miles you got on your Tesla?
@@FGOKURULES 68k and I'm only halfway through my second set of tires.
@@JustinAZ 2020 Sr+ 75k 2nd set of tires baby!
You forgot to mention ultrasound sensors being removed. I think I'll keep mine for this very reason, until a real contender comes along!
I wouldn't count on the roadster very soon though, they seem to still be developing the Cybertruck, and spending time on the Semi too.
Plus the Model Y may follow the Model 3 to keep the number of part references low.
Just my ¢2 😊
You may find that as Tesla Vision improves, Tesla may simply ignore your USS in a future software update, just as they have done with the Radar.
This is a great video because I am hoping to buy a used model 3 for under 25k next year after project Highland is announced. I expect the used marketplace to flood with older model 3’s and am excited to get a Tesla as a daily commuter for even cheaper.
Love the content Andy, and I know you are already a really financially responsible guy. I think if I was in your situation, I’d consider saving more money and waiting for the newer version to determine if it’s worth buying or not.
We have the same idea, I held off from buying a Tesla now the used ones about to drop tremendously
Only problem with your view is that the free FSD transfer won’t be there. Also the Highland Model 3 was released in other countries yesterday lol. Definitely better but it’s not ground breaking by any means. By the time it arrives in America, I’m betting the free FSD transfer won’t be there.
Thank you. This was informative.
They just released the new model 3 just 12 hrs after you posted this video so now you’ll be able to compare and make the best choice for what you want 🙌🏽
Well done. Great video. Good luck with your decision. Keep us posted.
I'm with a lot of the commenters, if it still works great, why gamble on a new one? Especially if you have had no real problems with your car. A good car that doesn't need to be taken in for fixes is a real blessing.
Yeah I agree he should keep his current car and hit his original goal, especially since he still seems to love the vehicle
Keep it for longevity videos. That’s part of why I’m subscribed. I wanna see how it ages to 250k miles.
With everything you said. I would wait for the next Highland model 3.
Keep it stick to your goal!👍🏾
I was in a similar position with my 2021 Model Y, but the transfer of full self driving put me over the edge to buy a new car. I'm very happy I did. It is a hard choice..
The only new feature your family fleet gains by trading in is HW4. Between your new MY and your old M3 you got it all, including FSD. My vote save the $20g.
If you sell it, sell it in private (no trade in) and you would probably get more for your M3.
Obviously you can get more with a third party sale, but trading a vehicle in is a smoother process and why so many people do it.
does this have anything to do with your battery health score in your earlier video? It seems like your battery is at EOL and you are out of warranty.
Coming from a 2018 Model 3 LR Tesla owner who bought it used a year and a half ago, I say, keep what you've got and enjoy the savings. I personally believe there will be another FSD "amnesty" at some point and you might as well hold off and see. I also have FSD and paid through the nose for my used vehicle, but it is also duel motor with accel boost. You also forgot to mention the built-in Homelink that you have. Not a biggee, but there are a lot of things to still enjoy with an older Model 3. It still feels, looks and drives like a new car to me. Personally, I don't think you've gotten your monies worth, yet. Also, if actual FSD is realized either by the end of the year or even anytime next year, the value of FSD is going to skyrocket and the value of your used Model 3 will increase as a result. Hold out until the Hardware 5 Tesla's start hitting the production ramp in a couple of years.
I have the same 2018 M3 LR RWD, and surprisingly I've lucked out even harder with my battery, my recurrent dashboard shows 305-307 miles, a score of 102. I don't know what it is about these batteries, but it just holds up!
LITERALLY ANNOUNCED NEW VERSION A FEW HOURS AGO!!!
GREAT TIMING!!
Andy, do you feel the same way now that we have eyes on the new Model 3 Highland?
With the promise of V12 running on HW3 and your Model 3 being in top shape you should be set up perfectly to trade in a potential roadster arriving in the next five years for a set of more affordable Teslas arriving all with FSD and having still pocket money left to pay tax.
I would hang onto your current Model 3. I have a feeling they'll offer FSD transfer again at some point, especially if it proves to be popular. You'd also be losing the ultrasonic sensors which has been mostly a nightmare for folks trying to park their non-USS Teslas in tight spaces. And you may likely have buyer's regret if you don't get the Highland Model 3, and now feel like you're missing out on that stuff.
Plus you can continue making videos of your journey with your current Model 3, which is a great help for many people who are worried about owning an EV, especially a Tesla, long term. The fact that your car has held up well so far is a good sign and confidence booster for those on the fence about making the leap to EV's.
At some point they will have to offer a refund for FSD, or some kind of class action lawsuit will force them to, because full self driving robotaxis will never happen on any of the current hardware. People have been duped.
Thanks for all the helpful videos, Andy. I have a 2019 Model S that, like other Teslas, has depreciated more rapidly than non-EVs because of the new model price drops to stay competitive in the EV market. I'd be reluctant to get a new Tesla because I don't think competitive price drops are over with.
I traded in my 2018 Mid Range Model 3 for a Model Y LR to take advantage of the FSD transfer and the tax rebate. Very happy with my decision. Lots a new features on the newer Model Y that I didn't have before, but I do miss the iridescent glass roof that looked so cool when it rained. I also didn't realize that I would lose Summon and Park Assist with version 4 hardware.
I just purchased a new Long Range Model 3 to replace my 2019 SR+. I transferred my FSD as well. I had all of your exact same pros and cons. It was the FSD transfer and new warranty that did it for me. Plus I’ve wanted Red ever since I saw your first M3 video
Same here- I wanted a red LR to replace my 2019 gray LR. I only had 22,000 miles but received nearly $29,000 trade-in credit. New warranty, tires, more range…
I did the same with my 2018 M3 and got the MY. Glad fsd was finally activated recently.
Then you don't have a HW4 Model Y, because FSD won't be activated in it for at least another 6 months.
I say wait until highland comes out with the FSD transfer option.
I am currently in the process of buying a Model 3, do you think its worth buying it this year to get the $7500 tax credit and then later on trade it for the new version.
Keep an eye on “existing inventory” cars on the website - which are often discounted below the “order” price…. That ~$20k might drop to closer to $15k - which might make your decision easier. Also, passing your “already loved” Tesla on to a new owner allows for another new convert to join the team.
I’m having the same internal discussion about my 2017 X… so I’ve given it a fair bit of consideration lol
Massive price depreciation doesn't seem like a good way to win new converts. I bet Tesla's marketing department doesn't agree with you.
Highland just got announced so good timing.
I have the same car as you. I keep thinking of swapping for a newer version or even a Model Y, but I'm still holding out for vehicle-to-home charging.
My situation is if i should get a model y long range. But my honda crv 2015 only has 74,000 miles ans runs perfectly.
I also have single engine long range 2018 and am achieving great efficiency at 65,000 miles. I am for sure waiting for Highland.
Andy, I love love your channel and your content and delivery is superb. I have a slightly different slant on your upgrade thoughts. I currently own a M3 2018 LR with only 34K miles. If I were you, I would wait (like me) for the model Y upgrade, which is inevitable after the Model 3.
You should keep your model Y and then get another model Y that is upgraded.
BTW-I love all of your TH-cam videos, but for some reason I just think the one you did going to the bowling green Corvette track and speaking was my very favorite.
By chance, if they are still doing that gathering in Bowling Green Corvette track, could you drop me a note back and I will look it up for the next date it will happen
All gods blessings to you and your family.
You could also make your M3 feel a little more modern, get a chrome delete, get the V2 aero wheels for $25 each, add wireless charging to your center console, etc etc.
Many of us have moved to large cities and no longer want or need a car anymore. ❤
And some people moved into an RV and don't need a house anymore either.
@@Resist4 I know what you mean, the poor people in the southern states don't have a chance and can't afford homes. So Sad!!!
Keep your current M3.
I'm in the exact same boat, 2019 standard range plus (the most stripped down version they made) and I'd be upgrading to a model 3 performance. Would be nice to have the extra power, range, warranty, stereo, heat pump and fsd transfer at roughly a 13,000 increase since I get a larger tax credit than you do, plus I have low miles on my current car. Just can't decide if it's worth starting a new car loan when mine is almost paid off
Just went through the same mental gymnastics as you. My car is a SN 4000 model 3 with 70k miles. Dealbreaker for me was the huge increase in yearly registration cost for a new vehicle. Also, due to large state of CO isentives for electric vehicles my trade in was equal to or worse than your trade in.
Not only the new registration cost but the increased insurance premiums, oh and the bigger loan interest rates.
Lol the day you posted this video, the new Model 3 came out. But I’m pretty sure it won’t be available to buy till the end of September when the free FSD transfer goes away…
The practical decision is to keep your current Model 3 and drive it until it dies. With that said, if I were in your position I would wait for the Project Highland version and make the switch then. I am not convinced that Tesla will ever really produce full self-driving, so I would not place much value on that upgrade.
Just keep the current car Andy! Just remember when you calculated how much you could make if you would invest that money. It is gonna be the same case. You can always rent the newest Tesla for a week or two to do a video about it. Just keep this car for 1 million mile. That's much more useful from your channel point of view as well.
Keep it, plus, aren’t you getting two free roadsters when they come out? I want to see you hit 10 years with this one man, but I do get why you’d want to upgrade, it’s really nice how much they’ve upgraded the Model 3 over the years, especially with the new “highland” refresh.
New model 3 launched. Go for it
It's wild that I only today watched your video about when you got the car
I just traded my 17 year old car for a new Model Y. So it's hard to give this advice: I think you should make the trade. Your review of the new car is worth more to your following. And you do a great job of providing info for a buyer!
The new model 3 highland just came out!! You should check out that one and get it, comes with much more range too!
I would def keep it. The trade in value is a joke.
I would say wait for Model 3 HW4 though.
Mine got totaled as someone rear ended me prtty bad.. Ended getting a Model Y LR. Its easier to get into the car for me than the 3. I miss the 3 becasue of the sensors.... I notice the parking using camera, it takes a while for the distance to be correct
Good timing lol. New model 3
I am in the same boat as you Andy and the thought of being able to transfer FSD is a huge incentive for me to buy a new Tesla. I thought to myself though if I buy I want something better like an S or an X. My model three only has about 60,000 miles on it and it’s a 2019 dual motor all wheel drive. It does not have the heat pump but I did buy the acceleration boost which doesn’t seem to add anything to the trade in value, I found the best price on Carvana. It was actually like $6000 more than what tesla offered me on trade-in. We have to make a decision soon because time is running out to get it delivered by end of this quarter. I was also hoping that maybe Tesla what have an end of quarter special as well. This is a very tough decision.
Same boat as you. 2018 M3P but only 70K miles. Not a lucky battery with me, on my second (no cost for the replacement), and it's already down 12%. Test drove a 2023 model S and X and wasn't impressed - they feel so heavy compared to a 3 or Y. I love my wife's model Y LR and if I do decide to get rid of the M3P I'd probably get a Y in a different color. But undecided so if you do decide to replace your unicorn model 3 (LR + single motor), please do a video of why and what you replace it with. Good luck!
Yes, also have a 2018 RWD Long Range Model 3. Good build quality. Lower mileage than yours, great battery (97 battery score on Recurrent). Amazing, wonderful car in excellent condition. Enhanced autopilot was included which adds auto park, summon (which I have never tried) and auto lane change (which I like a great deal). So I would lose those unless I paid 6k extra. Right now, I've decided to hold to see what is coming for both the Model 3 and Y. But it is a tough decision.
Andy, I'm in similar situation. Answer is as clear as MUD. I have a 2018 LR RWD 3 with FSD ($7K). Over 100,000 miles. Great shape. 10% battery degradation. After much deliberation, I'm opting for a new Model Y LR. Some family friends that are recently married will be adopting my 3 at the trade in price. Although I would not pay $15K for FSD, for me, it has been worth $7K watching the software improve and I'd like to continue that journey. The financially smart answer is to just keep what we have. But sometimes I stray from this guidance...
The new Model 3 video by Carwow is great, I think you should definitely get it!
I think you should keep it until at least the new Model 3 comes out unless you will upgrade to the Y and have 2 Y’s in the family and a Roadster
If it ain’t broke don’t fix it
Did you compare resale value with the Camry ? Is your insurance going up ? It should. Do you pay road tax yet ? If you have a minor accident will insurance pay for 2-3 months of rental car. How long do you think the battery is going to last ? GOOD LUCK with it all
When do you have to replace the battery pack? After five years, yours is still at over 90% capacity, and you call it lucky. What do others experience? How long does it take to travel from the coast to Utah? Or, from Vancouver, B.C. to Saskatoon? Can it be done?
Like you, I had a 2018 ‘3 LR RWD with 35k mi. FSD cost me same as you. I took the one time (?) deal from Tesla and got a 2023 Y LR in 2 weeks. Came fresh from Fremont. The ‘23 Y rides smoother and quieter than my wife’s ‘22 Y. Glad I traded even though it cost me close to $30k before the tax credit. Tesla gave me $3k less on the trade in than I first expected. You have until 9/30 to order, so wait a few weeks and perhaps you will be able to order a new Highland.
I‘d get the new Highland. like u said the car has been massively improved over the years. also safer. It‘ll be a totally different car.
A better one. But if you‘re debating back and forth. Just keep it.
@aslye - Have to balance wants vs needs. Have a 17S 100D with FSD. My trade in offer from Tesla was pretty funny, just like yours. But, my battery and drivetrain warranty is still good till November of 2025 with unlimited mileage. I want a new S, but I'd be giving up some analog features like stalks, easily accessible mirror controls, etc. I need longer range, faster charging, CCS capability, but don't want another car payment. The car still charges to 322 miles at 100 % at 74K miles, so I've decided to wait to see what other incentives Tesla has afoot after the end of September and continue to drive my S like I stole it.
Finally someone talking some sense! Way too many people get over their head in debt because they want something, but don't need it. And then our tax money ends up bailing them out.
Highland changes the equation. I have a feeling we'll see other opportunities to make the FSD switch.
the new project highland model 3 just released in giga shanghai.
Keep it. Your getting a roadster and like you said, wifey has model y. Plus you can do videos later as it's gets holder to let us know how it's holding up
I just got a new model X. It has a camera inside and I swear it watches me on FSD because there’s a new message that appears that says “Please pay attention to the road” 😅
The redesigned Model 3 when it shows up on the US store. The Chinese and European sites now list it for sale. It's possible Tesla US will wait until September 1st hits our shores to add it to the US store, or maybe midnight on the west coast.
My first reaction while watching was, "Wait for the Highland." N O foundation to that whatsoever.
$0.33/mile depreciation cost (ICE runs $0.15 - $0.20) of course he can try to drive it out which is simply a race against battery life and Tesla repair costs.
Andy. For people (like me) who are considering buying a used Tesla Model 3; would you recommend a 2018 model?
Keep the Red Ranger - keep doing YT videos about it & use it for testing HW1 with FSD
Buy Red Ranger II when Highland comes out with HW4 + FSD to compare them both - or the new compact
Or why change it when you already have the Y?
I was really happy with my recent Model 3 decision which was to lease it. After paying $4500 I now pay $361 per month after taxes( have 10000 miles per year for 2 years and 25 cents per mile after. I pay 219 after taxes for FSD and $11 per month for network. The benefit is that after 2 years I can get a replacement or Cybertruck when available. and everything is always in warranty so I don't worry about things like battery life, etc. The short is, consider a lease as a way to keep risks ant cost low and options high.
Pissing money away unless it’s a tax write off.
@@deej628would love to have you give us your cost estimates of ownership to compare with mine as I surprisingly reached you opposite conclusion. I also put value of not needing to worry about selling an old car for the optimal price, not worrying about repair and always having the latest technology.
Keep it and it will soon be a classic car and go up in value - plus it will keep getting over the air updates
Keep it yes, but it will never be considered a classic if the battery pack can't hold a charge.
I thought about my options with my 2019 Model 3 and buying a new Tesla to transfer FSD. After careful consideration and the latest price drop, I decided to purchase a new Model S long range. What a great car ! I am not looking back and now have FSD and Hardware 4! This was my decision and may not be yours. The Model S is an awesome ride!
I did the FSD transfer to a newer base Model 3 and it wouldn’t qualify for Federal Rebate because Tesla added the FSD value to the sticker price and it exceeds $55K. I thought of upgrading to Model Y to get the rebate, but no FSD yet for HW4.
I THINK S/W doesn't count towards the $55k cap, only physical stuff added like wheels, seats, etc. Check it out!
Highland just announced today. I just watched a review by Carwow. If you are going to get another Model 3, it is probably worth waiting for.
BRO INTUITION IS CRAZY CAUSE THE MODEL 3 HIGHLAND RELEASE TOMORROW
The new model 3 is visible on European websites. White blue and black are all free of charge. No stalks, blinkers are on steering wheel. Horn is in the middle where it should be.
I just bought a base Model 3 due to CA $2K rebate, fed $7.5K rebate and our Electric utility a $1K rebate for home charger along with $3,8500 off the car!! If you need a long range, you need it. I think you ought to jump on the current one with all the rebates! I'm retired and your methods might be different. Please post the new one when you get it!!
I am in the exact same situation with the same 2018, RWD long range 3, debating on updating to a new 3, BUT I am bummped the 3 is the only one that does not have hardware 4, so I would pay all this money for a car with out the chrome accents i really like more then the black for the SAME hardware 3. I only have 53k miles on my 2018 m3. It is currently in the body shop right now cause some woman on her phone smashed her suv into it 4 weeks ago. So that made me think more about upgrading to a car with no accident report.
The new Model 3 is announced today! And you you have the model Y, you maybe can wait for the roadster, although it is going to be more expensive.
Highland may have some kinks to work out, and having 94% left on your battery is incredible.
I also wouldn't upgrade, I mean the new features are great and all, but you would lose ultrasonic sensors, blinker, and gear selector stock (potentially with the refresh), less efficiency (I average 310Wh/mile, 435Wh/mile if I include charging losses and vampire drain, 255Wh/mile if I drive efficient aka 75mph max on the Autobahn, at which point you get overtaken by many cars) here in Germany and I guess it would be a nice to have but no have to get, especially when you are going to get a roadster 2, it's gonna have all the range you want if they ship with a 150-200 kWh battery.
Keep it!
I purchased a dual motor 2021 Model 3. I only have 7500 miles….mostly just local driving with one long road trip. I think I will delay buying the “Highland”. It’s not uncommon that new models have quirks that need to be tweaked. Maybe not a new Tesla but earlier Tesla’s did have have a few things that needed to improved over time.
Hi Andy, Since you provide Tesla content, I think you should wait for the refreshed model 3. With that car, you can introduce us to a new car, new features etc. It will be like back in 2018 all over again! Not sure how much extra cash that will generate you on a monthly basis, but let's face it, the current model 3 is getting long in the tooth.
I feel you Andy, but the last con is a non-issue: LFP batteries last waaay longer due to the chemistry's cycle life
Considering the Lithium Ion battery packs have a lifespan of probably 300,000 miles, the longer life of LFP's is a non issue to most people.
Also don't forget about premium connectivity. Ours still has it for free since it was grandfathered in with the early purchases.
Premium Connectivity only costs $99 if you pay for it by the year. But when you add everything up it just makes more sense for him to keep what he has.
Agreed. I am in the same boat as them and it just doesn't make sense for us. Only difference is our battery isn't out of warranty as we are at 92k. Just another item that adds up and you don't have to worry about it. We did get a new Y at the end 2023 and I still find myself using the M3 to save miles on the Y and for its FSD and efficiency. Took a trip to Mendocino a couple of weeks ago and I was getting about 225wh/mi coming back. Love it!
@@Resist4
I figured that was going to happen
I would just keep your 2018 M3. It’s paid for & you can modify it with no worry to affecting the warranty. I got my Model 3 in July 2018. Has been an amazing, low maintenance car. Biggest expense is insurance, (3k a year with AAA in Ca for 3 years!) tire’s & registration. Why switch to new model if it working well & can last you for many more years. Wait a year or so for highland to be be produced with no issues. If in 2-3 years you eventually get your $200,00-250,000 Roadster, you will be paying sales tax on it, destination charge, registration & maybe income tax to a tune of $21,000-50,000! You most likely have your house payment with its cost to operate & maybe paying on your Y? Interest is up on everything financed so why be stressed with all of these? I know your channel must give you a lot of income like many uTuber’s that crank out content & promote many products to help you subsidize all your expenses but most of us don’t. Enjoy what you have but within reason! Just my take. I don’t try to keep up with the “Jones” lol
Tesla is certainly very stingy when it comes to trade in values. They offered me a little over $6000 for a pristine BMW 335 with only 25,000 miles.
So imagine the trade-in value of your 2023 model three purchased just before Highland comes out.
I have a 2019 model three long range with FSD (which I got for $5000 because I bought it with the car). And I also have acceleration boost and the extended warranty. My battery range is sufficient for the driving I do and for longer trips if I am careful.
So I am sticking with what I have for at least another two years or so.
I would say the best financial decision is to keep it. You've already lost most of the resale value. Economically, driving it until it falls apart or needs a majorly expensive repair is the way to go. If I were you, I would also express my displeasure that the features you like about your Model 3 are no longer available on the newer Model 3s. One thing Tesla Inc. lacks is responsiveness to customer demands. They're trying to intimidate you into buying a new Tesla by saying you won't be able to carry over your automated driving feature if you don't trade now. They need to incentivize you to trade it in. As for the new features you're missing out on if you don't trade, they'll be there and might even be improved by the time you drive the wheels off of this one. Finally, the government rebates for buying a Tesla will have to go away sometime, and Tesla Inc is going to have to find a way to make their cars affordable without relying on those rebates. It's time for them to take off the training wheels and learn to compete with ICE manufacturers on a level playing field.
P.S. About the "lucky battery" thing....is it possible that you're not so much lucky as smart? My understanding is that maintaining the efficiency of the battery has to do with how you charge it (slow versus quick charge) and whether or not you charge it to 100% all the time and how low you let the charge get before you recharge. Maybe you're just doing all those things right, and most other people aren't.
What was the range of your 2018 model 3 after 5 years?