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Model 3 trade in.

dbradd

Member
Dec 10, 2019
20
14
Santa Cruz
I recently put a request in for a valuation from Tesla on my 2020 standard range model 3 with 7,500 miles on it that I bought in late December last year. Looking to upgrade to a y soonish. I got my quote back from them and they quoted me 29,900 for it. KBB quoted 37,000-40,000 for trade in. The car is pretty much in flawless condition. Is this normal for this type of offer from Tesla on their own cars?!? This seems absolutely ludicrous!! I don’t think even a dealership would offer this low!
 

vsansal

Member
Oct 11, 2019
81
61
Arlington,VA
I recently put a request in for a valuation from Tesla on my 2020 standard range model 3 with 7,500 miles on it that I bought in late December last year. Looking to upgrade to a y soonish. I got my quote back from them and they quoted me 29,900 for it. KBB quoted 37,000-40,000 for trade in. The car is pretty much in flawless condition. Is this normal for this type of offer from Tesla on their own cars?!? This seems absolutely ludicrous!! I don’t think even a dealership would offer this low!

Do you have FSD option? If not that price seems normal. They have the updated 2021 models starting from $38K. That KBB trade in value doesn't make sense for standard range.
 

Jaenonymous

Member
Jun 28, 2020
719
1,500
Westerly, RI
Im also looking to get into a new Tesla, a model Y or 3 LR. I have 4500 on my 2020 SR+ and its flawless. I was quoted around 33k for a trade in. Carvana quoted 30.
 

TW14 9LF

2nd EV
Oct 28, 2018
289
265
SoCal
This must have changed since I traded in my non-Tesla back in Nov 2018. The Tesla offer was $3,000 higher than Carmax or Carvana was offering, and $2,000 over KBB trade-in value. 2015 Ford Focus Electric.
 

s33t33

Member
Aug 25, 2020
53
24
Wi
but out of Tesla or Carvana, who else (private buyer wise) is going to pay KBB's ridiculous price for a used model 3, when they can buy the newer and better one for cheaper (even if yours have FSD, it's still not worth it)?
 
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Threader

Member
Apr 16, 2019
574
380
Montreal
Tesla has people waiting in line for weeks to months for new builds. Why would they not low ball you. If you bendover and take it then they make more money on your trade-in and on the new build sale. I was in the same situation in July-August trading in my SR+ for a MY. So I bent over and took it like a real Tesla supporter and accepted the initial trade-in offer. 30 days later they lowered the offer by another $3000. A the time I was pissed off at their abhorrent greed and cancelled my MY order.

20/20 I now realize that they knew a Model 3 refresh was coming in a few months during the time of the second re-evaluation.

I would of also offered myself less! LoL
 

jeremymc7

Active Member
Feb 3, 2013
1,543
697
U.S.
When I traded in my Audi in Dec Tesla quoted me thousands more over next closest offer. And they didn't inspect the car or anything. I was told trade-in's just get dumped at auction; perhaps only non-Tesla trades though?
 

jeremymc7

Active Member
Feb 3, 2013
1,543
697
U.S.
Tesla has people waiting in line for weeks to months for new builds. Why would they not low ball you. If you bendover and take it then they make more money on your trade-in and on the new build sale. I was in the same situation in July-August trading in my SR+ for a MY. So I bent over and took it like a real Tesla supporter and accepted the initial trade-in offer. 30 days later they lowered the offer by another $3000. A the time I was pissed off at their abhorrent greed and cancelled my MY order.

20/20 I now realize that they knew a Model 3 refresh was coming in a few months during the time of the second re-evaluation.

I would of also offered myself less! LoL

Yeah, trade-in quote is only valid for 30 days. This becomes a problem considering that most builds are often 1 or 2 months. You almost have to order and trade when delivery is only 2, maybe 3 weeks.
 

NuTony

Member
Oct 1, 2020
37
18
new jersey
this is why i will be leasing my M3P. 3yrs and get a new Tesla Model (insert new name here). f buying these. i burn threw cars from boredom. even the 3yrs will be tough. but at least i won't lose my shirt on trade (NJ has $5k rebate so zero down - $600 mo).
 
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Reactions: jeremymc7

Threader

Member
Apr 16, 2019
574
380
Montreal
this is why i will be leasing my M3P. 3yrs and get a new Tesla Model (insert new name here). f buying these. i burn threw cars from boredom. even the 3yrs will be tough. but at least i won't lose my shirt on trade (NJ has $5k rebate so zero down - $600 mo).
Getting regular software updates with dozen upon dozens of new features a year helps with boredom compared to all other cars that are set and forget coming out of the factories.
 
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Reactions: HarleyW

jeremymc7

Active Member
Feb 3, 2013
1,543
697
U.S.
Is anyone trying Carvana? Don’t they even come to pick it up at your house? If offer is similar that can extra convenience.
 

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