TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker or making a Paypal contribution here: paypal.me/SupportTMC

Does Tesla buy back any Model S's not financed through them, not as a trade-in?

Discussion in 'Model S' started by gnychis, May 28, 2015.

  1. gnychis

    gnychis Member

    Joined:
    Nov 3, 2013
    Messages:
    303
    Location:
    Boston, MA
    Does Tesla buy back any Model S's to sell as CPOs that were not financed through them, and are not used as a trade-in in any way?
     
  2. luvnMyTS

    luvnMyTS Member

    Joined:
    Jan 6, 2015
    Messages:
    237
    Location:
    Los Angeles, CA
    I'm sure they'll make you a low offer to buy it back if you so choose. You can bet it will be much lower than market value. I would just list the car on cars.com and/or e-bay and see what it brings. Can almost guarantee it will be more than what Tesla would buy the car for. If you price it reasonably, no reason why it wouldn't sell in a week or so.
     
  3. mgboyes

    mgboyes Member

    Joined:
    Apr 16, 2014
    Messages:
    811
    Location:
    United Kingdom
    Given that there are no discounts and no incentives to buy new cars I can't see why they wouldn't give you the exact same price to buy your car from you as they would value it as a trade-in. Their trade-in prices are set so that they can turn the car around and sell it for a profit, not as a way to convince you to upgrade.
     
  4. PhinFL

    PhinFL Member

    Joined:
    May 20, 2015
    Messages:
    59
    Location:
    Palm Beach County, FL
    Just spoke to my DS about Tesla's Buyer Protection and third party financing. They will not honor the buy back protection if you seek out your own financing. I know this doesn't specifically answer your question, but it may give some insight into how Tesla is pretty dedicated to their preferred "in-house" financing options.
     
  5. stopcrazypp

    stopcrazypp Well-Known Member

    Joined:
    Dec 8, 2007
    Messages:
    7,038
    I don't know if this changed, but didn't Tesla used to use Autonation for trade-ins? Anyways, as with trade-ins, even if Tesla does buybacks, you aren't going to get a very good offer compared to private party. It even says so in the trade-in page.
    http://www.teslamotors.com/support/trade-ins

    If you don't want to deal with private party, you can try autonation and carmax. You can try calling your local Tesla store to ask also.

    However, if you are talking about the buyback protection policy, it does not apply unless you use their financing (makes sense given buyback is designed to be an answer to leasing; if you use your own financing it's no different to Tesla than you buying the car outright).
     

Share This Page