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Tesla Trade Value in Vs. CarMax Trade in Value
- Thread starter NY_Rob
- Start date
Sometimes you just have to pay for convenience I guess. It's looking like taking Tesla's lower offer might be the way to go simply because I can drive there with the Bolt and leave with the MY. I'm hoping that I can get their offer a little higher armed with the three online offer I have now even though they are not "in writing".
They won't budge.
The people you are dealing with at the service center have zero authority to override what the computer allows.
They just punch in your VIN and won't even look at you car.
If you have a CarMax estimate you email it to them (BEFORE delivery day) and they update your Tesla trade value on your account.
I did it recently last September and was well over 7 days.
I think they limit it 1000 miles too.
Carmax might be 7 but Tesla will honor the match for 30. But double check with Tesla if that’s issue in case policy has changed.
Basically Tesla is upping their trade agreement
Trade-Ins
teslasguy
MSP P#1117
Just an FYI. I have a Tesla Model S and have been told multiple times by various Tesla reps that Tesla will NOT match Carmax offers for Tesla cars. They only match Carmax offers for non-Tesla vehicles. I complained that this seems like a penalty for current owners. Rep sympathetic but insists that this is Tesla policy. Carmax offer is $5k higher than Tesla offer for my Model S.
^ Wow!
The only advantage in going w/Tesla trade-in looks to be the tax savings where the trade-in price is deducted from the taxable price of the new vehicle (not valid in all states IIRC) and the drive in with "old" and drive out with "new" vehicle convenience.
The only advantage in going w/Tesla trade-in looks to be the tax savings where the trade-in price is deducted from the taxable price of the new vehicle (not valid in all states IIRC) and the drive in with "old" and drive out with "new" vehicle convenience.
johnmodely
Member
Once you accept the offer in the trade in section are you locked to that offer? I want to accept Tesla's low offer to continue the delivery proccess, but want to make sure they will still revise the offer with the CarMax offer im getting next week.
Slumpey326
Member
I got a trade in quote from Tesla, vroom and carvana for my model 3 and ordered a mode y from Tesla’s website but it says no where that you are planning on trading in another vehicle for the model y. Does this part happen when it gets closer and your mytesla webpage gets updated with payment info?
Yes, when your webpage says prepare for delivery, you go through steps for pickup location, trade-in, financing, etc.
Thanks to everyone here who suggested taking a CarMax quote to Tesla -
Tesla's initial quote (probably KBB) $12,000
Carvana - $15,677
Dealership - $14,000
CarMax - $16,500
My Tesla advisor said they would likely honor the CarMax (had to be written). It's been submitted, just waiting to hear today...
Tesla's initial quote (probably KBB) $12,000
Carvana - $15,677
Dealership - $14,000
CarMax - $16,500
My Tesla advisor said they would likely honor the CarMax (had to be written). It's been submitted, just waiting to hear today...
(The quote is edited to update the Vroom price, hence the italics.)
The experience of the trade-ins with Tesla was straightforward and low stress. The process was drive in old car, sign papers, give money, leave with new car. The first time (S P85D) they wanted to inspect the vehicle. The second time (S P100D) the only change was that they had the option (which I took) of taking a set of pictures (like 8 of them) from various angles inside and out and submitting them ahead of time. Neither trade-in price was adjusted due to vehicle inspection or anything else.
FYI
I've traded in two S vehicles so far. I don't recall how competitive the offers were and there was the tax advantage relative to the trade-in value to consider. Convenience and cost of my time was part of the calculation for my decision-making.
The experience of the trade-ins with Tesla was straightforward and low stress. The process was drive in old car, sign papers, give money, leave with new car. The first time (S P85D) they wanted to inspect the vehicle. The second time (S P100D) the only change was that they had the option (which I took) of taking a set of pictures (like 8 of them) from various angles inside and out and submitting them ahead of time. Neither trade-in price was adjusted due to vehicle inspection or anything else.
FYI
^ yes, agree about convenience having a large part in the decision making process.
Being able to simply drive in with the old and out with the new is worth $$$ IMO as well.
Being able to simply drive in with the old and out with the new is worth $$$ IMO as well.
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