Don't trade in your Tesla to Tesla!

[McFlurri]

It's not worth it!

Take the time to sell privately and you will make SO MUCH MORE!

Here is what they offered for my car yesterday. (Paid $74,000 plus tax)

I wonder what they would have offered if I didn't get FSD (my guess is exactly the same since Tesla doesn't value FSD at all despite what Elon says... so much for "your car will be an appreciating asset", LOL)

2018 Tesla Model 3 LR RWD with FSD 76,605 kms​

Net trade-in credit* $33,400​

Feel free to share your Tesla trade-in values

 

[N.Y.R.]

Bit surprised on how low my came in. I bought mine a few months before COVID became a huge thing hence the low milage. I have FSD as well, but the email didn't mention it. I compered this to Autotrader national listings and it seems I could get $10,000 via a private sale for an identical model with way more miles.

2019 Tesla Model 3 Long Range AWD 15,007 kms​

Net trade-in credit* $50,700​

 

[Lon12]

Tesla Model 3 Is Pricier On The Used Market Than New, What Gives?

We don't see this kind of demand in Canada yet. But I did have someone from the US ask about my car that I have for sale.
Does anyone know if you can import a Tesla from Canada to the US without trouble?
Tesla did offer me $4000 more for a trade in June than they did in March.

 

[jeremymc7]

The California market is pretty good actually; especially Los Angeles.

Tesla actually offered me +$5k over market when I bought my last new one.

That one however didn't have FSD and the new one does. I knew FSD wouldn't really be considered with Tesla for future trade-ins so when this car goes I'll be taking it to CarMax who tends to pay about as well as private sale.

 

[duanra]

MR dec 2018, no AP 16000 km.
31 cad.

 

[dj_gon]

just sell it privately... sold my wife's 2019 SR+ with AP and 16,000km for $45k.. Not sure about now, but Tesla offered $32k late last year... don't think they value FSD since they can just activate it remotely...

 

[Ty_EV]

just sell it privately... sold my wife's 2019 SR+ with AP and 16,000km for $45k.. Not sure about now, but Tesla offered $32k late last year... don't think they value FSD since they can just activate it remotely...

Which site did you use to sell it?

 

[Tony_YYZ]

It's not worth it!

Take the time to sell privately and you will make SO MUCH MORE!

Here is what they offered for my car yesterday. (Paid $74,000 plus tax)

I wonder what they would have offered if I didn't get FSD (my guess is exactly the same since Tesla doesn't value FSD at all despite what Elon says... so much for "your car will be an appreciating asset", LOL)

2018 Tesla Model 3 LR RWD with FSD 76,605 kms​

Net trade-in credit* $33,400​

Feel free to share your Tesla trade-in values

I tried my luck again a couple weeks ago. They gave me the following number:

2018 Tesla Model 3 LR RWD, MCR with FSD 42,000 kms​

Net trade-in credit* $38,400​

 

[menaknow]

Got curious so recently tried:

2021 Tesla Model 3 Model 3 Standard Range Plus Rear-Wheel Drive 1,315 kms​

Net trade-in credit* $38,800​

I just got the car in the end of May

 

[richyrich]

It's not worth it!

Take the time to sell privately and you will make SO MUCH MORE!

Here is what they offered for my car yesterday. (Paid $74,000 plus tax)

I wonder what they would have offered if I didn't get FSD (my guess is exactly the same since Tesla doesn't value FSD at all despite what Elon says... so much for "your car will be

 

[McFlurri]

Got curious so recently tried:

2021 Tesla Model 3 Model 3 Standard Range Plus Rear-Wheel Drive 1,315 kms​

Net trade-in credit* $38,800​

I just got the car in the end of May

Yikes!

 

[El joe]

Tesla’s offer to me was around $36k USD for my 2018 LR AWD w/39,750 miles on it while Vroom and Carvana are about $2,000 above that. Tesla does seem a bit low in comparison.

 

[Calliope]

while Vroom and Carvana are about $2,000 above that.

For just a $2,000 difference, I'll take the convenience of the trade in instead of selling privately.......if the trade in value was $5-$10K less than selling it privately, then I'll do the work of the private sale.

 

[McFlurri]

For just a $2,000 difference, I'll take the convenience of the trade in instead of selling privately.......if the trade in value was $5-$10K less than selling it privately, then I'll do the work of the private sale.

There seems to be a large disparity between what Tesla offers people in the US vs Canada.

 

[jeremymc7]

For just a $2,000 difference, I'll take the convenience of the trade in instead of selling privately.......if the trade in value was $5-$10K less than selling it privately, then I'll do the work of the private sale.

Agreed.

But besides the convenience Tesla also doesn’t inspect the car, unlike CarMax, Carvana, etc.

When I traded my Audi in on one of my older Tesla they only wanted basic details on the car and never even looked at it. They didn’t even check the odometer.

 

[El joe]

Agreed.

But besides the convenience Tesla also doesn’t inspect the car, unlike CarMax, Carvana, etc.

When I traded my Audi in on one of my older Tesla they only wanted basic details on the car and never even looked at it. They didn’t even check the odometer.

Funny, outside of the odometer, that’s been my experience selling three cars to Carvana. They checked odometer but nothing else.

 

[Mr.Robot.]

2018 Tesla Model 3 LR RWD 69,018 kms​

Net trade-in credit* $35,200​

Its gone up ~2k since a few months ago, with FSD

 

[Vawlkus]

TBH, Tesla just hates trade-ins in general. They just don’t have the resources to deal with them IMHO.

 

[McFlurri]

TBH, Tesla just hates trade-ins in general. They just don’t have the resources to deal with them IMHO.

Except they do have the resources.

That's why they sell used Tesla's on their website.

 

[Krash]

For just a $2,000 difference, I'll take the convenience of the trade in instead of selling privately.......if the trade in value was $5-$10K less than selling it privately, then I'll do the work of the private sale.

In the US, one reason to trade in a vehicle when you buy is that the sales tax is net of the trade in. Sounds like the same is true for Canada:

The other benefit for trading in your vehicle for another vehicle is the tax savings. For example, you want to trade in your car for $8,000 in order to purchase a $30,000 vehicle from the dealer. In this situation, you only wind up paying tax on the reduced price after the trade in value is removed — meaning you only pay tax on $22,000 instead of on the full $30,000.​