"Tesla has a great trade-in program that allows you to give the company your vehicle in exchange for cash, even if it's not an EV. Their trades are mostly fair, but the company seems to undervalue its own vehicles, and there have been plenty of complaints over offers in the past. Trade-ins are usually given by submitting vehicle details, then Tesla sends an email with an offer. Offers are non-negotiable, but do adjust over time, although the latest offer is valid for 30 days."
"Knowing your new Tesla's cash price, leasing or loan details, and monthly payment information used to be done by the car buyer. From personal experience, I simply subtracted my trade-in from the cash price of the Tesla Model Y, and I plugged those numbers into the payment calculator. Now, Tesla is implementing the trade-in process directly into the Design Studio. It will adjust the price of the car and the different monthly payment methods automatically:"
Tesla accepts vehicle trade-ins for cash, including internal-combustion vehicles, but has faced complaints for undervaluing its own cars. Trade-in offers are generated after submitting vehicle details and are delivered by email as non-negotiable quotes that can change over time; the most recent offer typically remains valid for 30 days. Buyers formerly had to manually apply trade-in amounts when calculating Tesla payments. Tesla is now integrating trade-in estimates into the Design Studio and online configurator to automatically update vehicle price and monthly payment options, with a phased rollout across states, the U.S., and Canada.
Read at TESLARATI
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