Trade-in not adding up

[in2survive]

This is really weird, not sure how it is done in US, but in Canada, when you trade-in, taxes (13% in Ontario!) are calculated AFTER your trad-in value is deducted from the new car value. However, when I look at the Tesla breakdown, they calculated the taxes before the deduction, meaning PST (13%) on top of the new car value instead of $New Car- Trade In), see picture.

In my case, taxes have been calculated over $69,880.00, which equates to $9,098.70, should be 13% of ($69,880-$19,069.92), which is $6,605.30 not $9,098.70.

Has anyone in Canada notice that? I just sent a note to my TA to check that.

 

[Cbdriver]

What was answer to this? I have the same question.

 

[in2survive]

They fixed it when the car became available. A few days before delivery it was correct online, meaning taxes applied after trade-in value was deducted. Very strange, but my TA said it is normal.

 

[Cbdriver]

Thanks!

 

[Penduboy]

Hi,

I am from BC Canada and just ordered my MYP on March 22 but didn’t choose the option of trade in as I am not sure if I will get good value for my 2020 E Class.

can I still edit With my trade in option and can I decline the trade in offer if the offered price is not right?

Thank, Pendu

 

[Cbdriver]

Hi,

I am from BC Canada and just ordered my MYP on March 22 but didn’t choose the option of trade in as I am not sure if I will get good value for my 2020 E Class.

can I still edit With my trade in option and can I decline the trade in offer if the offered price is not right?

Thank, Pendu

Yes, you can just message them and they can reopen the trade-in screen. They will give you a quote within an hour or two. You can decline it if it’s not competitive enough.

 

[Penduboy]

Yes, you can just message them and they can reopen the trade-in screen. They will give you a quote within an hour or two. You can decline it if it’s not competitive enough.

Perfect…..thanks for your quick response!