Insulting trade-in offer on my 2016 Model X 90D

[SD_Engnr]

I think $58k is pretty bad...but how many miles do you have?

I have a May 2016 X with 20k miles (paid $112k before tax). I am hoping for at least 75k in value

Planning to sell/trade-in soon? Do let me know!

 

[polarsnortex]

Hello all! Thanks for all of the great feedback. It has 13,600 miles. In reading through the posts I learned about the proper place to post my car "for sale" at Tesla for Sale so thanks for that. I also found out that as a USAA member I can list it in the TrueCar.com network. I'm waiting for a dealer to make an offer. I had an offer at $81,500 from a private party but he hasn't been able to arrange financing. I also had an offer at $80k from a dealer - but he's gone incognito. Carmax is a hassle because it's far from my house and they don't seem to understand much about Tesla. They offered $73k back in August and I'm going back today to get an updated offer. I'll update the post with my final results for those who care. Thanks!

 

[AnxietyRanger]

Tesla won’t match carmax prices for Teslas. Only for other cars. I just talked to them about mine and ended up selling it privately.

Yes, this point has been made before - Tesla's trade-in offers for Teslas, due to their rigid CPO system, are inferior to their trade-in offers for other brands.

The exception to that rule may be the guaranteed residuals, if you are selling a car of guaranteed residual age.

 

[Peteybabes]

just lease if your going through tesla's this quickly...you still lose, but you'll lose less.

 

[dennis]

OTOH, as an investor it's nice to know that Tesla is not overpaying for trade-ins, as has so often been claimed by bears/shorts.

 

[BigMskiman]

CarMax gave me $83K compared to TM $78k offer, for my original MX-90D having ~15kmiles (sold 12/30/16)