This is probably unusual question. I know these are different categories of vehicles. However for my needs they both fit since I mainly do city driving. I snagged a new Tesla MYLR (<50 miles) which has a minor damage disclosure (about $1000) but discounted by $2000 to make up for the damage. I am also looking at a Volvo XC60 T8 Recharge Inscription Expression Extended Range (what’s up with the name!) for $61k. This XC60 has about 35 miles of pure electric range. I heard Volvo is unlike Tesla in stating the range and there are reports that people actually get slightly more than 35 miles. Obviously XC60 also qualifies for full 7500 federal credit making the net cost about $53-54k. While Tesla would cost $64k. I will be financing whatever option I go with. I wonder what people here think the best option out of these 2 would be if I want to flip in 6 months to an year? I assume if I hold the XC60 till end of year, I will be able to take the 7500 rebate in the 2022 tax filing.
You dont have to hold it until the end of the year to do this. Its based on when you purchase. You just cant purchase with the intent to resell.
As to your actual question, you just need to drive them and see what you prefer. I really didnt care for the Y personally.
Depends on what your goal is. Do you want to drive electric around town and use gas on longer trips or do you want to go exclusively electric?
What if the goal is to maximize the resale value in 6 months to an year?
If maximizing resale is your concern, id steer clear of the volvo
Tesla resale value will be higher in 5 years or 5 days.
Even after accounting for 7500 credit?
Yes, even after.
Yep-what they said… get the MYLR and you will drive that for a year for FREE after you sell it
Come back next June and let us know how it went 
To the OP, I can sell my MY right now for 14k over what I paid (pre tax). Looking at values from MMR, the 1 year old cars are going for slightly over what I paid as well.
Go with the MY if you plan to have it hold % value.
The best thing to hold its absolute value is prob something cheaper like a rav4 hybrid as the absolute depreciation ($) will be much lower.
How do you plan to use the car? I have a Volvo S60 Recharge (not long range). The 22 mile range means that I’m on electric (over 10k miles) for 60% of my driving, leaving me with one fill-up every 850 miles (1/month). The extended range would likely have me at 70-80% electric. I do get free charging at work (18 mile commute) which is a necessity for my purposes. I like the hybrid because, when I need to take a 500 mile drive, I know that I’m going to pay for gas and have universal options. The flip side is I’ve never driven my car over 120 miles in a day. All that being said, my next car will be a Ioniq 5.
As far as resale value, the XC60 is likely getting redesigned next year with a sister model to the Polestar 3 while Tesla is content to keep one design with minor revisions for a decade. The tesla model is better for resale value, especially given that 50-80% of the revisions are via software.
I have a Model Y and just sold my Model 3 and I love both of them, but the prices have gone up since I have purchased. If I have to go with a a new car, I would go with Kia EV6 or VW ID4. Those cars also have free charging and federal tax incentives and they have higher range than XC40
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