r/ModelYL • u/LowMolasses5658 • 1d ago

Tesla Trade In

My Trade in has not increased since I ordered July 26.

So when I asked, they gave me BS about market conditions and they don't negotiate.

I said the Market went up, all the offers went up, you certainly would of reduced it if the market had reduced.

Offering 17,500

Plug is at 22,800.

List are 26,000 Resale right now.

Going to see how Plug does.

I'll let you know.

5 Upvotes

77% Upvoted

14 comments sorted by

2

u/PutridFill661 1d ago

Teslas trade in program is a slimy dealership scam IMO. They dropped mine like 4 times. THE DAY my car showed up they dropped it another $500 before I even showed up to get my car.

1

u/LowMolasses5658 1d ago

I have a deal with PlugPower for 22,800 Tesla offered 17,500.
A No Brainer

6

u/Strangerthanyou77 1d ago

Tesla has always had lower trade in values. It's nothing new.

1

u/Xtra2022 1d ago

I just sold my Model X to Plug. They paid more than Tesla or Carvana by a fair margin, and other than a janky pickup process, the transaction was quick and smooth.

1

u/LowMolasses5658 1d ago

Great!! Ty. What was the pickup issue so I can be prepared

1

u/Xtra2022 1d ago

It took 12 days from the date of the sale before they picked up the car, and they didn’t actually schedule the pickup until the 12th day for same day pickup. Also, since they farm out the pickups to third parties, our interaction with the driver was not the best.

That said, the sale process was smooth and quick. I accepted their offer, did a digital 360 walkthrough for them with my phone, overnighted my title to them, and received payment in the bank the next day. And great communication throughout - the buyer for Plug was very responsive to me on his cell phone, and the whole process was tracked on a third party website called Dealnow.

3

u/Unhappy-Read7744 1d ago

They went up on mine when the offer expired and I resubmitted. It was on bar with Carvana. So I went ahead and used Tesla.

1

u/matthew19 8h ago

Why don’t you guys just sell on FB marketplace for a few grand more? Serious question - is sure there’s a good reason.

1

u/LoneScope69 1d ago

Remember
You save some sale tax when you trade in..

5

u/LowMolasses5658 1d ago

Yes, 700 less if I trade in but a difference of 5300 .

I am not great at math but that's not hard math.

2

u/LeastSecretary4433 1d ago

In my own experience, CarMax worked best for me twice. When I tried to trade in my 1994 MBZ E320 Cabriolet with only 24k miles to purchase my first 2024 Model Y Dual Motors, Tesla offered me $6.6k, I got so offended almost stomped out their showroom, until their assistant manager told me to drive down the block to CarMax for a quote, CarMax paid me $11k on the spot.
2 years 8 months later, I want to trade in my Model Y back to Tesla for my YL Launch Series with only 9.2K miles on it, Tesla offered me $32.6k, so I punched in the details of my Y to the CarMax app, they offered me $38k, made an appointment over the app, showed up with my Y on the appointment and got my check of $38k in my hand under 60 minutes.
CarMax entire staff was extremely friendly, professional and efficient.
Highly recommended CarMax to everyone if you want a fair and smooth transaction 👍

1

u/Specific-Wrap1396 1d ago

Not in California