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Unhappy with tesla trade in value - 2021

Ntsglobal

New Member
Jul 16, 2021
1
0
Canada
I was willing to trade in a 3 month old 2021 mustang with 4200km that i paid 68k in canada. Tesla wanted to offer me 35k Canadian. That's almost half the price. Seems quite ridiculous. Don't you ???
 

Baytomax

Professional EDD Page Refresher
Jul 15, 2021
307
563
Alhambra, CA
I was willing to trade in a 3 month old 2021 mustang with 4200km that i paid 68k in canada. Tesla wanted to offer me 35k Canadian. That's almost half the price. Seems quite ridiculous. Don't you ???
That is ridiculous. It's basically them saying we don't want your car. People seem to be getting great offers from sites like Carvana, Vroom, TRED, and Shift.

Not sure if any of those have services in Canada. Would 100% recommend selling it to similar sites like the ones mentioned.
 

jjrandorin

Moderator, Model 3, Tesla Energy Forums
Nov 28, 2018
10,444
11,796
Riverside Co. CA
That is ridiculous. It's basically them saying we don't want your car. People seem to be getting great offers from sites like Carvana, Vroom, TRED, and Shift.

Not sure if any of those have services in Canada. Would 100% recommend selling it to similar sites like the ones mentioned.
Thats because tesla DOESNT want your car, basically any used car. I also moved the OPs thread out of a thread on this topic that was from 2020, because 2020 pricing is not relevant right now.
 
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Braumin

Member
Mar 5, 2021
55
53
Canada
I was willing to trade in a 3 month old 2021 mustang with 4200km that i paid 68k in canada. Tesla wanted to offer me 35k Canadian. That's almost half the price. Seems quite ridiculous. Don't you ???
They aren't going to sell your car. They will send it to auction. If you are not happy with the trade in offer you can reach out to them and have them go over it again. Maybe they did a trade-in price on a base Mustang. For 68k new I assume you got like a Mach 1. If you are serious about trading it, reach out to your sales advisor. Black book on a Mach 1 is closer to 60k CAD.
 

1LE McQueen

Member
Mar 22, 2019
270
319
Arizona
Sold my veloster private party for 2 grand LESS than what I bought it for 17 months ago and 12k miles later. Don't be lazy my friend sell your Mustang private party. Just watch put for scammers, but they subside after a couple of days.

Tesla trade in was the lowest offer I got when I was kicking tires.
 

digid80

Member
Jul 15, 2021
62
111
Goose Creek, SC
I was willing to trade in a 3 month old 2021 mustang with 4200km that i paid 68k in canada. Tesla wanted to offer me 35k Canadian. That's almost half the price. Seems quite ridiculous. Don't you ???
Tesla offered me 27.5K for my 2016 Mustang GT Premium. I ended up going to all of the Ford dealerships in my area and all 3 offered me 29.5K for it. I sold it to the one closest to my house. Try the dealership.
 

mingye

New Member
Aug 10, 2021
1
0
maryland
I am new to the trade in process when ordering from Tesla.

my experience was my Tesla trade in value drop 12+% in just 1 week, not sure if this is the experience that the other Tesla Owners already had?

Thanks for sharing....
 

raptor5244

Active Member
May 10, 2019
1,194
878
Florida
This is one area I can’t stand about Tesla. I realize they don’t really want the used cars but when you can’t trade you lose the sales tax savings in a lot of states. It also complicates the process as you now have to shop your car at different dealers the week before you take delivery and compare the tax savings of a Tesla trade in vs selling the vehicle separately.
 

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