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Positive Trade in Offer

Discussion in 'Model Y: Ordering, Production, Delivery' started by twentworth12, Feb 24, 2021.

  1. twentworth12

    twentworth12 New Member

    Joined:
    Aug 21, 2020
    Messages:
    4
    Location:
    Boston
    Hey Y’all

    Wanted to share a positive experience with the Tesla trade-in process.

    I’m picking up a MYLR next Friday and will be trading in a 2016 Jeep Wrangler Rubicon. I initially assumed I’d be going thru Carvana as they gave me a $30,500 offer. Well, to my surprise Tesla offered me $31,500.

    I know the feedback is usually that Carvana and others always win, so I thought I’d share this one outlier.
     
    • Like x 3
  2. Evie2000

    Evie2000 Member

    Joined:
    Feb 18, 2021
    Messages:
    12
    Location:
    USA
    Sounds like a great offer. Do you drop it off at the same time/place when you pick up your new car?
     
  3. AZMurph

    AZMurph Member

    Joined:
    Mar 21, 2019
    Messages:
    42
    Location:
    USA
    Similar — Tesla offered me $2,500 more for my car than Carvana. When you then take the sales tax benefit of trading into account, the difference was larger.
     
  4. Mrbrock

    Mrbrock Member

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    Mar 26, 2020
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    Location:
    Napa, CA
    Lucky you! I checked what Tesla would offer for my 2020 M3 if I were to trade in on a Y and it was $6k less than Carvana (27.5 vs 33.5). And we know Tesla will throw FSD on and resell for over 40k. This from a company that won’t let you buy your M3 at the end of your lease because they want a robo taxi fleet. Seems like they should spend a little more on trade ins of their own vehicles.
     
  5. twentworth12

    twentworth12 New Member

    Joined:
    Aug 21, 2020
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    Location:
    Boston
    Yeah.
     
    • Funny x 1
  6. Ejl80

    Ejl80 Member

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    Location:
    Nj
    Tesla offered 6k over Carvana for me. Weird.
     
  7. Mrbrock

    Mrbrock Member

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    Location:
    Napa, CA
    What car?
     
  8. Ejl80

    Ejl80 Member

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    Location:
    Nj
    Model 3 LR
     
  9. skiwhmts

    skiwhmts Member

    Joined:
    Feb 12, 2021
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    Location:
    New England
    It seems it is worth get multiple quotes from various companies. Tesla and everyone else seem inconsistent so no other persons experience seems to relevant.
     
    • Like x 1
  10. wynnek

    wynnek Member

    Joined:
    Feb 15, 2021
    Messages:
    13
    Location:
    33190
    This is very true. Tesla offered me $12,200 for my 2015 Jeep Cherokee. I sold it to Carmax for $15,000.
     
  11. fireball08

    fireball08 Member

    Joined:
    Feb 15, 2021
    Messages:
    13
    Location:
    AZ
    Also got quotes from Tesla, Carvana, Vroom, etc. Tesla is the lowest. I don't blame them, since they're not making any money off the trade ins. They're just pushing volume of teslas and that's totally cool by me.
     
  12. GregW

    GregW Member

    Joined:
    Nov 19, 2015
    Messages:
    5
    Location:
    La Jolla, Ca
    I received a horribly low quote for my 2014 S with Tesla. 7K more $ with Shift. I really don't fault Tesla. They are not in the used car business, but boy was that low.
     
  13. bro1999

    bro1999 Active Member

    Joined:
    Apr 26, 2016
    Messages:
    1,929
    Location:
    Maryland
    Seems Tesla will value Tesla trade-ins higher than non-Teslas as any non-Tesla will be sold at auction, while a Tesla (especially a not-too-old one with low miles) they'll be able to spruce up and put up for sale as used.
     

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