Video Summary
The video discussed several aspects of owning a Tesla Model 3.- The used EV tax credit allows for a $4,000 tax credit when purchasing.
- A Model 3 or Model Y can be the best used car for a daily driver.
- It has low operating and maintenance costs.
- Tesla Model 3s and Model Ys have lots of safety features.
- Tesla EV’s can be found on facebook marketplace.
- If purchased from a private party sale, you must make the car purchase through KeySavvy for a relatively small fee, where they submit the "time of sale" document and tax documentation to the IRS (Internal Revenue Service).
- The car's out-the-door price must be under $25,000 to qualify for the used EV tax credit.
- To be eligible for the used EV tax credit, a single filer must make $75,000 or less.
- Some used Model 3s still have one to two years of basic warranty remaining, and five to six years of battery warranty.
- Common Tesla problems include squeaky suspensions, but that can be fixed.
- The user interface on early model is competitive with the newer EVs.
- The car's battery range at 100% capacity should be within range of its stated maximum, which can be found by looking on the forums in google.
- Check the CARFAX.
- An IRS-registered dealer must submit a “time of sale” report to the IRS.
