Wonder if anyone has done this. Since I live in Texas, Tesla needs to have the car fully financed before they can deliver it to my state. I have been conditionally approved for a loan and was planning to pay the rest via trade-in that has been already quoted at some other places. However, I don't want to be car-less for 2+ weeks, while I wait for Tesla to deliver. What happens if I sign the documentation for Tesla's trade-in offer, only for me to sell it to a private or other buyer for more money prior to delivery day? Can I just let my ISA know I've changed my mind and show up to the delivery center with cash/cashier's check on hand?
Accept Trade-In...but then change your mind?
- Thread starter mmoon24
- Start date
I don't know the answer to your question, but do understand that you should factor in the tax savings when you do a trade in vs selling to another party for more money.
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