Peter, a Cybertruck owner from Colorado, says he’s selling his house together with his Cybertruck.
Peter explains he’s moving to California and needs to sell his house, but he's decided to include the Cybertruck in the listing.
He believes that including the Cybertruck will attract wealthier buyers willing to pay in cash.
Peter shares that he has installed Tesla Power Share at his home, with the Cybertruck serving as a backup power source.
He also highlights that his home features solar power and other smart technologies, and adding the Cybertruck will boost the home's high-tech image.
Although bundling both assets may require extra paperwork, Peter thinks it's a worthwhile idea.
He discussed this plan with his realtor, who reassured him that it’s a brilliant marketing move.
The happy Cybertruck owner shares his story on the Cybertruck Owners Club forum.
He writes…
“I’m considering putting my house on the market, along with the Foundation Series Cybertruck with Power Share.
The house is fully equipped with home automation, centralized AV, a home theater, solar power, and various whole-house systems such as VAC, among others. This would be a dream home for any tech enthusiast.
The contract for the house and vehicle will involve extra paperwork, but that’s about it.
I’m bundling the deal for marketing purposes. With PowerShare and solar, this should attract affluent buyers who are likely to pay in cash.
My realtor thinks it’s a brilliant idea, and she knows the market well. It will be a one-of-a-kind listing. No need for financing; everything is paid for.
The reason we’re selling is that we plan to move to the Monterey, California area. I love my tri-motor Cybertruck, but I would replace it with the same vehicle or an AWD model.
Thoughts?”
Peter seems convinced that selling the house with the Cybertruck is a great idea. However, looking at the comments, fellow Cybertruck owners shared more varied opinions, with most saying it's a bad idea.
Yes, a few Cybertruck owners supported Peter’s plan.
For example, Ace from Arizona writes…
“I think it’s a great idea.”
Another Cybertruck owner, Jay from Scottsdale, Arizona, says…
“Sounds interesting. Let us know how it goes!”
Sterling from San Diego adds…
“Great idea; they can always offer you less for the house without the Cybertruck. You can adjust the numbers to your advantage.
Taxes: Assuming this is your primary residence, and Colorado laws are similar to California's, you won’t have to pay capital gains on the property or the truck.
The buyer will get a truck tax-free, can finance it for 30 years, and write off the interest. The downside is higher annual real estate taxes due to the higher sale price.
Most buyers don’t consider this. In my opinion, you have nothing to lose if you’re willing to part with the truck.
I’d even advertise the uniqueness of the Foundation Series Cybertruck. You can mention in the listing that you’re willing to sell the truck separately.”
While some owners supported Peter’s idea, most others believed that bundling the sale would lower the number of potential buyers and might attract negative attention.
A fellow Cybertruck owner, SCTesla, says…
“Why bother trying it? It doesn't make any sense. They would probably still need two loans, and you have to find someone who can buy both. Plus, it would just complicate negotiations.
What’s the benefit for you? Are you in a hurry to get cash? You’d make more money and have more buyers selling separately.”
Ben from California adds…
“That’s going to decrease the buyer pool; from the hate thread, a lot of the Cybertruck hate came from Colorado.”
A fellow Cybertruck owner from Kansas says…
“Your realtor just wants to list your house. If anything, park it in the garage and mention in the seller disclosure that it could be included in a deal.
I sold a house and made sure my Cybertruck was never there.”
A fellow Cybertruck owner from North Carolina writes…
“The best marketing is going on the MLS at the right price. It’s the gold standard.
Unless you have some eight-figure plus exotic home struggling to sell, list it without the truck and maximize your profit.”
Overall, looking at the comments, most people seem to think including a Cybertruck in a house listing is a bad idea.
However, please let me know what you think in the comments. Share your ideas by clicking the red “Add new comment” button below. Also, be sure to visit our site, torquenews.com/Tesla, regularly for the latest updates.
For more information, check out: A Cybertruck Buyer Says, “I Need Help Getting My Money Back from Tesla” – Adds “I Rejected the Cybertruck Delivery Because The Truck Has a Missing Pillar, but Now Tesla Is Refusing to Refund My $15,582 Deposit”
Tinsae Aregay has been following Tesla and the evolution of the EV space daily for several years. He covers everything about Tesla, from the cars to Elon Musk, the energy business, and autonomy. Follow Tinsae on Twitter at @TinsaeAregay for daily Tesla news.
Comments
I was ready with cash in…
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I was ready with cash in hand then when it included Cyberjunk, I ran.......not the country either.
I think if someone offered…
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I think if someone offered to sell me their home, I'd negotiate a reasonable price. Once they put the cyberstuck into the offer, my price drops to half the original offer. No one wants a clunky, rusty, hideous abomination that does absolutely nothing even slightly well. You'd have to pay me a lot of money to take a cyberstuck, because no rational human being would want to buy it.
I think if someone offered…
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I think if someone offered to sell me their home, I'd negotiate a reasonable price. Once they put the cyberstuck into the offer, my price drops to half the original offer. No one wants a clunky, rusty, hideous abomination that does absolutely nothing even slightly well. You'd have to pay me a lot of money to take a cyberstuck, because no rational human being would want to buy it.
You think selling your house…
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You think selling your house with a 90k toilet will help sell it?
It might knock some buyers…
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It might knock some buyers out of financing. But the seller is aware, and his target market is the cash buyer. Prospective buyers very definitely include the well educated and often highly paid intellectuals that are actually the core market for green energy products (key words: "well educated" and "highly paid").
“He won’t have to pay…
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“He won’t have to pay capital gains on his Cybertruck”. LOL
People sell their homes with…
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People sell their homes with furnishings or expensive draperies included all the time.
With Powershare and solar this would just be like an expensive, moving generator.
The affluent buyer would…
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The affluent buyer would simply buy a cybertruck if they wanted one. If anything, listing them together makes a far more unattractive deal on both.
You'd HAVE to have a cash…
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You'd HAVE to have a cash owner or someone with plenty of liquid funds. The appraiser for the home loan isnt a car appraiser. So when they appraise the home for the loan, thats all youre getting... an appraisal for the home loan. Banks wont lend more than what the house is worth. You may only need 1 buyer but wouldnt you want 1,000 people to potentially want it instead of 100? Youre moving away, why do you care the new home owner is afluential?
No tax dodge here on the…
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No tax dodge here on the truck. You pay tax on a vehicle when you register and license it.
Also what's with the obsession with cash?? You get cash even if the buyer is financing.
Also, wealthy people almost never pay with cash. They borrow money to buy groceries.
Theres so many things wrong…
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Theres so many things wrong with this that its not even funny. If the Realtor said this was a good idea, they don't know Real Estate...at all... like, they have no clue how outlandishly wrong this is
More like make buyers run…
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More like make buyers run for the hills.
I have $5000 cash.That…
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In reply to More like make buyers run… by Steve (not verified)
I have $5000 cash.That should be plenty for the house and the truck especially in california as long as galvanism sir
It's not smart or dumb. It…
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It's not smart or dumb. It's a gimmick. Sometimes gimmicks work and sometimes they don't. The one thing that makes it "ok" is that any buyer can offer what they think the home is worth without the truck. I'm pretty sure this guy would take that offer price too while selling the truck some other way. There may be people with cash, but that pool has shrunk over the past year or 2. A buyer who would "boycott" a potential home because of personal property , as part of the deal, hence a Cyber Truck is also cheating him or herself. The home might be a good fit sans the Tesla and so just make the offer NOT including the truck.
The truck or whatever that…
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The truck or whatever that ugly thing is, just give it away.
I wouldn’t even look at the…
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I wouldn’t even look at the property if there was a Cybertruck involved in the sale!
I wonder if you can have it…
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I wonder if you can have it without the CyberTruck if you pay a bit more!
It will definitely attract…
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It will definitely attract buyers who have demonstrated themselves to be rubes and whom can thus be fleeced with an overpriced house. Good idea dude!
To the person who said that…
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To the person who said that you could finance this in with the sale, not gonna happen. Lender would never allow this, as the truck could be removed from the home, therefore decreasing the property securing the loan. Sorry
It seems the seller is…
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It seems the seller is assuming that the buyer needs another vehicle, which most people who can afford a home like the one described here do not. Also there are many people who are not fans of the cybertruck, and this would actually turn potential buyers off of the property. I guess they can always decline to purchase it and only bid on the home. Overall, seems like a bad strategy. IMHO.