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Trade in offer rescinded

wolfson292

Architect
Feb 16, 2016
114
68
Florida
Has anyone ever had Tesla take back a trade in offer claiming it was a mistake. After several months of negotiation I received an acceptable trade in offer on my Model S, via e-mail, and placed an order for a Model 3 the same day. I had several e-mail exchanges with Tesla that included the trade in price. Now almost a week later, and with an estimated delivery date of next week, Tesla claims the trade in offer was a mistake and they can cancel my order.
 

wolfson292

Architect
Feb 16, 2016
114
68
Florida
In most states an e-mail agreement where one party offers another money for a product or service, and both parties mutually agree, its considered a binding contract.
 

voip-ninja

Give me some sugar baby
Mar 15, 2012
4,121
4,691
Colorado
In most states an e-mail agreement where one party offers another money for a product or service, and both parties mutually agree, its considered a binding contract.

They can do whatever they want unless you get leverage over them, i.e., lawsuit, to get a court judgement in your favor.

TL DR?

If it's that big of a deal to you then you can try to sue them.

P.S. They have a lot more lawyers than you do.
 

jskenney

Happy Member
Mar 22, 2013
85
48
Maryland
Several months of negotiations? Sorry, you are way too high maintenance.
Go to CarMax and unload for whatever they say

I sold my S at carbiz (their offer was 13k higher than Tesla's), Carvanna's offer was 10k more than Tesla. Recommend that you give both a try.
 

Uncle Paul

Well-Known Member
Nov 1, 2013
6,105
6,607
Canyon Lake,CA
Like most new auto transactions, every deal most likely will be reviewed by a manager to be sure the over anxious sales person is not giving away the store just to write up a commission producing deal. Sounds like this is what might have happened in your case.

In most Tesla trade in vehicles, the final offer is subject to a physical inspection of that trade by a knowlegeble person.
 

wolfson292

Architect
Feb 16, 2016
114
68
Florida
Like most new auto transactions, every deal most likely will be reviewed by a manager to be sure the over anxious sales person is not giving away the store just to write up a commission producing deal. Sounds like this is what might have happened in your case.

In most Tesla trade in vehicles, the final offer is subject to a physical inspection of that trade by a knowlegeble person.

The vehicle was physically inspected, and Tesla took over two weeks for internal approval on the offer.
 

gaswalla

Model S,3,X.. CT with Austin delivery
Sep 23, 2012
3,250
3,520
San Diego
Several months? You blew it - prices plummeted.. Are you paying current price for the 3, or the price from several months ago?
 

glide

Active Member
Jun 6, 2018
2,773
2,759
USA
In most states an e-mail agreement where one party offers another money for a product or service, and both parties mutually agree, its considered a binding contract.

You are assuming they don’t include non-binding language and a disclaimer. Which I am 1000% sure they do.
 

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