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I will beat Tesla's trade in quote for your used Tesla - White, Grey, or Silver

Discussion in 'Want to Buy' started by evoxms, Nov 10, 2014.

  1. evoxms

    evoxms Member

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    I have read on the Tesla Forum that many Tesla owners are selling their cars back to Tesla as they upgrade to the new Model Ds. In the process Tesla takes those cars and sells them to dealers such as Starwood Motors or Earth Motors or closer to me in Southern California Phillips Auto. These dealers then mark up the cars significantly and in the process both the old Tesla owner (you) and the new Tesla owner (me) lose on the deal. I would like to eliminate the middle man which in this case are those dealers who are buying directly from Tesla.

    I am willing to offer you one to three thousand dollars more than what Tesla is offering you. I have cash and can close the deal quickly.

    You can send me a private message or reply to this post if you want to tell me about your vehicle. The following describes my preferences. As you can see I am fairly flexible.

    My preferences are:

    Must be either White (plain or Pearl), Grey, or Silver
    P85 - But would consider a P85+ or 85 depending on the other options and the price
    Tech package (the only true must have
    Rear facing seats - I realize this is not the most common option so it is not a deal breaker but my kids would love it.
    19" Silver Cyclone Wheels - again, I realize this is not the most common option and would consider other types of wheels
    Smart Air suspension - not a deal breaker but would be nice
    Parking sensors - not a deal breaker but would be nice
    Carbon Spoiler - not a deal breaker but would be nice

    Options that don't really matter so I can go in almost any direction regarding:
    Seats - I even like the textile seats
    Roof - either Pano or not, no big deal
    Sound - No big deal
    Fog lamps - No big deal
    Alcantara Headliner - No big deal
    Decor - No big deal
    Interior Lighting - No big deal
    Parcel Shelf - No big deal
    Paint Armor - No big deal
    Yacht floor - No big deal
    Calipers - Any color
    Subzero - Are you kidding in SoCal, but while I would never order this, it is not a deal breaker depending on other options and price
    Charger - Single or dual - No big deal and again, while I would not order, it is not a deal breaker

    I think I covered everything. I hope I find someone who I can buy from so we can both come out ahead on the deal.

    Sincerely,

    Robert
     
  2. 3mp_kwh

    3mp_kwh Member

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    For anyone where sales tax matters, one to three thousand means you are effectively offering them less.
     
  3. evoxms

    evoxms Member

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    How do you figure? Let's say Tesla is going to give them $80,000 and I offer them $82,000 how is that less? Am I missing something?
     
  4. pete8314

    pete8314 Vendor

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    I think because some states will allow you to reduce the (taxable) purchase price of the new car buy offsetting it with the trade-in value, thus on a $120k car, with a $70k trade-in, you'll only pay sales tax on $50k, rather than the full $120k.
     
  5. andrewket

    andrewket 2014 S P85DL, 2016 X P90DL (soon 100)

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    Yep.. Your 1-3k over offer is good though for sellers in states that collect sales tax on the full amount.
     
  6. evoxms

    evoxms Member

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    #6 evoxms, Nov 10, 2014
    Last edited: Nov 10, 2014
    That makes sense. I live in California and you pay tax on the trade-in value as well as the difference in price, so my offer would be good, but you are right in states where you only pay tax on the difference between the new car and the trade-in, my offer is worthless, it is much better to take the tax break.

    My offer is still good for people living in states like California. I did a little googling and according to what I found on the Edmunds.com website, these are the states that would benefit from selling to me rather than trading in the car:

    California, District of Columbia, Hawaii, Kentucky, Maryland, Michigan, Montana, and Virginia.

    So if you live in these states my offer is good.

    My offer is also good in any state if you don't trade your car into Tesla, rather you just want to sell your Model S.

    I am going to call Tesla tomorrow and check to make sure this type of transaction with Tesla is a trade in and not a separate sale of your old Model S to Tesla and then the purchase of a new one from Tesla, rather than a trade-in.

    Robert
     
  7. Arddrea

    Arddrea Member

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    California, District of Columbia, Hawaii, Kentucky, Maryland, Michigan, Montana, and Virginia.

    You should also include New York or any other state that will not allow Tesla to operate in. As the tax brake can only be granted by a licensed dealership.
     
  8. evoxms

    evoxms Member

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    Good point. I know it has to be traded to a licensed dealership, so I guess that is what Tesla is considered, even though they are not dealers. Weird.

    Anyway, I think you are right, those states like New York probably don't have the option of trading in to avoid the tax. The whole process is strange given the different rules in different states.
     
  9. pairtrader

    pairtrader Member

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    If you are offered a car with the standard 19" wheels, which it seems you do not want, consider these. I just got them and love them so far.

    TST Tesla Aftermarket Wheel 19x8.5
     
  10. evoxms

    evoxms Member

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    Sweet, I will remember these. Do you think they would fit as replacements on a P85+?

    It opens up possibilities because then for ~$1,800 you can replace the regular 19" wheels.

    Thank you.
     
  11. pairtrader

    pairtrader Member

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    Others would be able to answer this, since I just have a S85, but I think you need 21" wheels on the P85+.

    The Tsportline wheels were created for people that love the 21" Tesla wheels, but wanted 19". For some reason Tesla did not address this demand. Many people bought the Rial Lugano wheels from Tirerack, but if you do a search you'll see that some have had issues with them being too weak. IMO the TST wheels look better than the Rials anyways. Tell them you'll only buy them if they offer free shipping as they have had that promo in the past. They seem quite customer service oriented so they will probably go for it.

    FWIW, now that I have two sets of wheels, I keep my all season tires on one set and my winter tires on another. I bought an extra set of TPMS so switching the wheels is quick and cheap.
     
  12. firefisher

    firefisher Member

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    You save the sales tax in New York with trade in. And New York has Tesla dealers too.
     

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