Trade in now credits FSD?

[GRiLLA]

I saw someone post about this on Twitter, so I did a new trade in price for my 2019 LR Model 3 with FSD that cost me £4800 when I got the car. In December I was offered £40,600, today I'm offered £44,600.

Anyone else seen their trade in price increase ?

 

[Tony Hoyle]

Explains why tradein values from Tesla are so high.. they're beating Motorway/WBAC by a couple of grand.

 

[Durzel]

I'm being offered £52,500 for my 2020 M3P with FSD, but was offered £52,300 in early December, so not sure if there's any appreciable difference there, although it was £48,400 in June lol.

If the new one wasn't knocking on £70k for the same spec I'd be inclined to switch!

Interestingly quotes are instant now, rather than taking a day or so before.

 

[DM206433]

Interestingly quotes are instant now, rather than taking a day or so before.

My quote was instant when I traded in my M135i in December, though it took a few days to get the 'final approval' based on the photos etc they requested.

 

[SpareHeadOne]

I was offered £41,000 back in August and last week I was offered £46.100 for my 2020/1 LR without FSD, so it could just be the weird second hand prices we have at the moment.

 

[Billbrown1982]

I'd love this to be the case and it would completely change my attitude towards upgrading in a couple years, but unfortunately I suspect its just down to the insane second hand market right now.

 

[Edders]

Can you et a quote without "Ordering" keen to know what trade in I would get before comitting £100 on a "Y"

 

[SpareHeadOne]

Can you et a quote without "Ordering" keen to know what trade in I would get before comitting £100 on a "Y"

Yes, go here: Trade-in | Tesla UK

 

[Gaz_]

If you are considering this, look at a private party sale. The trade in calculator offered £26k for a car equivilent to £43k on Autotrader. I know people will knock you down from asking price and it takes some effort and that the dealer has to make some money, but a £17k margin has a lot of working room.

 

[Dilly]

Mine came out at £47.5K but cost £56.8K. No idea but presume that’s par for the course

 

[Edders]

Many thanks

 

[Durzel]

Mine came out at £47.5K but cost £56.8K. No idea but presume that’s par for the course

Perhaps mileage dependant? It sounds on the low side.

 

[Dilly]

Perhaps mileage dependant? It sounds on the low side.

It’s only done 4706 miles. I thought the valuation mean too!

 

[SpareHeadOne]

It’s only done 4706 miles. I thought the valuation mean too!

Sounds like all the talk of FSD adding second-hand value and only appreciating is turning out to be BS, sadly.

 

[MrT3]

It’s only done 4706 miles. I thought the valuation mean too!

Even if they do take into account FSD, they probably don’t with exterior or interior colour upgrades.

 

[Dilly]

Even if they do take into account FSD, they probably don’t with exterior or interior colour upgrades.

I won’t be rushing to trade in for a new one anytime soon!

 

[goRt]

I paid 51k for my P3D 2nd hand with FSD a year ago (it was 6 months old!), 52.7k trade-in with 15k miles on the clock

 

[GRiLLA]

So I let the offer of £44,600 expire, and did a new one that's now £45,800. WBAC are still £39,000. My tyres are at 4mm, so should make it to March, so I avoid spending £600-700 on new.

So I'm trading in, it's costing me £8,690 to get back into a brand new black LR with EAP after 31 months. If that was a lease it would heave been £280 a month.

So basically less than leasing a Ford Fiesta Trend 1.1

 

[Dilly]

Mine came out at £47.5K but cost £56.8K. No idea but presume that’s par for the course

Valuation today, still under 5000 miles is £48.6K. BUT It would cost me £15K to trade up to a similar Y. I think I’ll sit tight!

 

[Durzel]

Yeah anyone who took out a lease or bought outright in 2019 is probably on to a winner really. Pre-COVID and pre-Brexit, before supply chains went to absolute s**t and all used car prices went up instead of down. Definitely odd times.. usually it's the lease companies who win (obviously) as depreciation is fairly predictable.

Being offered £55,700 on my March M3P (FSD, if it counts), which is higher than its been previously. Would cost £10k to get into the same car with EAP instead. I'd be tempted if I didn't feel like there's never a great time to buy these cars with the constant updates.. and I want to see what 4680 brings.