COVID-19 IMPACT

[GV103]

Hello Folks,

Due to COVID-19 impact on job market, I am here exploring suggestions with regards to my options in returning my Tesla back to dealer or sell on the market.

FYI - Based in Canada - Toronto.

I bought Tesla X with complete upgrades last Aug 2019 and so far I have Approx. 26K kms on the vehicle.

Your valuable suggestions are much appreciated.

Thank you.

Fellow Tesla User.

 

[Tam]

...returning my Tesla...

Tesla does trade-in but and does not buy a used car even if it's Tesla brand.

Some have also reported that it does not routinely do trade-in if that results in paying the customer back some money (trade in higher value Model X or lower value Model 3).

 

[GV103]

Tesla does trade-in but and does not buy a used car even if it's Tesla brand.

Some have also reported that it does not routinely do trade-in if that results in paying the customer back some money (trade in higher value Model X or lower value Model 3).

 

[GV103]

Thanks for your reply Tam.

 

[Ilguy]

Current Automotive in Naperville, IL has a good reputation for buying.....

 

[DanCar]

Suggest trying to trade in with Tesla on a cheap Model 3 , just to get numbers from Tesla.

 

[mxnym]

I don't know if CarMax is a thing in Canada, but I used to see lots of people recommend going to CarMax to sell your car because you'd get a better number from them than from Tesla, and I think they will buy cars outright.

 

[Seneca_Chicago]

Current Automotive in Naperville, IL has a good reputation for buying.....

Appreciate the mention.

We're in a holding pattern on purchases at the moment - want to see if sales pick up post-stimulus before we add more than we can sell.

We also only purchase US vehicles.

 

[mswlogo]

Appreciate the mention.

We're in a holding pattern on purchases at the moment - want to see if sales pick up post-stimulus before we add more than we can sell.

We also only purchase US vehicles.

Oh boy, bet you're not the only outfit doing the same

Thanks for sharing that did bit.

 

[Tslacg]

It's doubtful, but worth reaching out to the lease/finance company to see if they will defer payments for 90 days. Most other companies are offering this at least privately.

 

[Soey22]

Scotia Bank is deferring 90 days but will put the owed interest onto the principal. Offer is good until September. Mortgages qualify for 6 months.