Can You Trade In A Financed Car For Another Car Paid Off Drivetime
Yeti370, yes last year I traded in my M3 LR DM for a M3P. Trade in value from Tesla was 34,400.00. Carmax was 35K. I don't remember what the KBB trade-in value was but I remember it was a LOT more than either Tesla or Carmax. I didn't get the trade-in value from Tesla until the day I was supposed to pick up my M3P.
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1) Buy it myself and pay tax on the Residual amount (about $2000)and then sell to the best deal Carmax and net $8200; or. 2) Trade-in to Tesla and save sales tax on the new car (clear about $8000); or. 3) Sell to an Audi dealer to avoid paying tax on the Residual (called them and they'll pay me $6000).
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Tesla accepts all private vehicles for trade-in towards the purchase of a new or used Tesla. You can use our trade-in service to obtain a trade-in valuation of your current vehicle and turn your vehicle to the Tesla electric vehicle you want.
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Updated Jun 18, 2023 Tesla's Trade-In Program enables drivers to get a new or used Tesla in exchange for their existing car, provided they have an eligible vehicle. Image: Tesla Tesla has a trade-in program that allows users to exchange eligible cars for a new or used Tesla vehicle.
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Which vehicles are eligible for trading in? We accept passenger cars, trucks, vans and SUVs for trade-in value towards a new or used Tesla vehicle purchase. Internal combustion engine (ICE) vehicles and electric vehicles (EV) are acceptable for trade in. We do not accept motorcycles, RVs or commercial vehicles.
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How Trading In a Car Works Wondering how to trade in your old car for a new one? We've got you covered. By Elizabeth Rivelli Published: Oct 14, 2022 Alan Schein Photography | Getty Images.
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The Model S is a testament to the strong Tesla trade-in value. According to Green Car Reports, the 2013 Model S P85D has a trade-in value of $30,000 - not a bad valuation for a decade-old model that started selling for $60,000. Trading in a newer 2018 100D model can fetch you as much as $55,000 to $60,000.
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According to Tesla's website, the electric vehicle company is now accepting trade-ins that will go toward the purchase of a new or used Tesla vehicle. And it's not just Teslas, or even just electric cars, that are eligible for the program. "We accept passenger cars, trucks, vans and SUVs for trade-in value towards a new or used Tesla.
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How to Calculate the Cost of Trading a Car with a Loan Balance Having positive equity on your current loan, that is, you owe less than the car is worth, makes it easier to trade in than when you have negative equity.
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We accept passenger cars, trucks, vans and SUVs for trade in towards the purchase of a new or used Tesla vehicle. If you wish to trade in your vehicle, enter in the vehicle details in your Tesla Account before your Tesla vehicle is delivered.
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To start the process, all you have to do is go to the dealership you plan to buy or lease a new vehicle from and tell the car salesperson that you want to trade your old car in.
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Tesla owners can go to the company's website and enter their vehicle identification number to get the latest information on this and any recalls. They can also contact Tesla customer service at 1.
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Does Tesla accept trade-ins really depends on the valuation they will issue. In most cases, you can get some money for your car applied to the purchase of your new or used Tesla vehicle. Trade-In process by CyberFuture: This video is private Watch on Which Vehicles are Eligible for Trade-In?
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You can trade in passenger vehicles, trucks, minivans, and SUV models for exchange value towards your new or pre-owned Tesla vehicle. Cars with internal combustion engines (ICE) and electric cars (EV) also qualify for exchange. However, you can't trade in motorcycles, RVs, or commercial automobiles for exchange value.