this post was submitted on 06 Oct 2024
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RealTesla
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Its hard to recommend to sell a car, especially one that has depreciated as much as the Model Y.
You've been forced into a "bagholder" position as Elon Musk sold you on false promises of "appreciating assets", only to see Model Y diminish in value. Selling now will certainly hurt your paper wealth as you realize your losses.
Still, I'd argue that the Model Y never was a good car to being with and your life probably would be appreciably better if you got a better car. Having real Ultrasonics for parking lot situations and real RADAR for lane-centering / highway driving is a must have feature, and I think that Elon Musk's bullshit about "All Vision" is just that, bullshit that only his most blinded fanbois can lap up.
Leaving the cult of Elon and seeing the problems with the car is... hard? I know its a community and all, but there really are better cars out there today than the Model Y. There's a reason why its depreciated so much and its less to do with politics than you might think.
Financially speaking, holding onto the car longer should save you money. So there's that, its very rare that selling a car (especially within 1 or 2 years) is ever a good move, especially after epic levels of depreciation.