TRADE PRICES ARE RIDICULOUSLY HIGH! HOW DO WE CHOOSE WHICH EVS TO ATTEMPT TO BUY AT AUCTION?

EV Channels Review

This video offers a candid look into the challenging world of acquiring used EVs at auction, with a particular focus on Tesla Model 3 and Model Y. The hosts, Richard and Serge, highlight the current market's 'ridiculously high' trade prices, making it difficult to secure profitable stock. They detail their meticulous process, from researching desirability and condition grades to utilizing a spreadsheet calculator for maximum bids, factoring in auction fees and potential preparation costs. Key takeaways include the strong demand and rising prices for used Teslas, the importance of considering vehicle condition, mileage, and even location for collection. While they managed to secure a Model 3 and a Model Y, the BMW i4 deal fell through. The episode emphasizes that profit in this market comes from smart buying, not dictating selling prices, and sets the stage for a follow-up on vehicle preparation and retail readiness.