RMK!
Well-known member
- First Name
- Robert
- Joined
- Jul 1, 2021
- Threads
- 5
- Messages
- 192
- Reaction score
- 353
- Location
- No Cal
- Vehicles
- Tesla Model Y LR, Model 3 SR, CT on order
- Thread starter
- #1
I find the possibility of speculators ("flippers") a unique twist in all this Cybertruck discussion. The wife and I bought Tesla's (MY,M3) in 2021 that are now, even with thousands of miles on them, purportedly worth 10-20% more than what we paid. I'm pretty sure that never, in the history of production automobiles has there been this degree of steady appreciation of purchased mass produced vehicles.
With the CyberTruck being such a unique and compelling vehicle with huge demand, it will probably have similar post purchase appreciation. Humans being the enterprising creatures we are see an opportunity in this supply demand issue and it's possible that some (perhaps many) with little or no interest in the product invest $100 a pop as a resale opportunity. There is likely another class of multi reservation holders who might see a buy 3 get one free (or cheap) as their modus operandi.
It would be great to know what percentage of the reservation holders are in this flipper category. I'm thinking the number percentage wise might be quite high (10-20%?). A larger deposit once production and deliverIes start would flush many non-capitalized flippers but in the case of the well heeled opportunists, it could be a fast cash grab opportunity. Another way to avoid this would to limit the number of private party reservations per person (2?) but that is very un-capitalist and I can't see Tesla doing that.
I never thought I'd see this phenomena with a production automobile ...
With the CyberTruck being such a unique and compelling vehicle with huge demand, it will probably have similar post purchase appreciation. Humans being the enterprising creatures we are see an opportunity in this supply demand issue and it's possible that some (perhaps many) with little or no interest in the product invest $100 a pop as a resale opportunity. There is likely another class of multi reservation holders who might see a buy 3 get one free (or cheap) as their modus operandi.
It would be great to know what percentage of the reservation holders are in this flipper category. I'm thinking the number percentage wise might be quite high (10-20%?). A larger deposit once production and deliverIes start would flush many non-capitalized flippers but in the case of the well heeled opportunists, it could be a fast cash grab opportunity. Another way to avoid this would to limit the number of private party reservations per person (2?) but that is very un-capitalist and I can't see Tesla doing that.
I never thought I'd see this phenomena with a production automobile ...
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