Who traded in a Tesla for a regular car?

Probably just a dealer acquired one right? Surely nobody would get rid of their petrol free ride for enslavement to the gas pumps again, right?

In reply to Vajingo :

I have seen a bunch get traded in out by me. 

Those expired leases have to go somewhere.  So, probably less so a trade in and more so the dealers are buying them at lease-end auctions. 

Not sure I'd want to own an older one, given the apparent gadget-like treatment for older vehicles.  (Meh, buy a new gadget, it's NEW and BETTER)

Pete. (l33t FS) said:

Not sure I'd want to own an older one, given the apparent gadget-like treatment for older vehicles.  (Meh, buy a new gadget, it's NEW and BETTER)

 

Very true. How many want to own a pre-owned smart phone? Knowing very well how people treat them and abuse them. 

In reply to John Welsh (Moderate Supporter)

In the Vancouver area there is a dealer family that specializes in that - North Shore Kia advertises as your source for EVs.

It's surprisingly common for people to trade in cool/unique stuff on boring normal people cars. A friend of mine had an '02 ram 2500 cummins w/manual trans that came from the used car lot of the local honda dealership. No way they bought that thing at auction just to price it relatively cheap and have it sit there for a while, because who shops for HD trucks at a honda dealership?

My manager bought a used model 3 a few months ago, I think just after all the shutdowns started. They haven't had any issues with it yet AFAIK.

How are they priced used compared to an ICE car ?

When they leased it on Day One , they calculated a value 3 years down the road , 

I wonder how close they got to that value :)

californiamilleghia said:

How are they priced used compared to an ICE car ?

When they leased it on Day One , they calculated a value 3 years down the road , 

I wonder how close they got to that value :)

Resale is very strong on the 3. 

https://www.iseecars.com/cars-to-buy-used-study

There are a bunch of reasons that someone might get rid of a new car. The 3 hasn't really evolved since it was introduced, so it's not a matter of trading in for the latest model. Unless someone decided they really wanted a Y.

Our local Subaru dealer always brings in weird late model cars. If they see a 3 at auction, they would definitely pick it up.

Great link , 

Amazing that some cars lose almost 40% in a year.....

Thanks for posting it .....

It's not clear if that's average new selling price or MSRP. If the latter, some of those vehicles don't sell for anything close to MSRP so they'll show inaccurately high depreciation. That may be what happened to some of the pickups. And that's something that would boost the Tesla resale because they all sell for MSRP.

Also, it's too bad they didn't do medium-duty pickups. The lack of depreciation is why we bought our Dodge 2500 diesel new. According to KBB, it's depreciated 21% over the last decade.

I know a few people who have bought Teslas and sold them in favor of another ICE car. Quality control and service issues were the top reasons as to why. They are all much happier now.

Not typical, but one of my board members ditched his as soon as they would let him out of the lease.  His S spent 3 of it's first 4 months of ownership in the shop, and a total of 5 months of the first year waiting on Tesla's non-existent parts. The computer was bad and it wouldn't charge.  He had to wait 3 months for them to manufacture a new one, and they built it for the wrong VIN, so it had all kinds of glitches. He sued them and won his lease payments back for 6 months.

There are plenty of very unhappy owners out there.  When you buy a car from a company that doesn't make parts and has sued every salvage operation in existence, you better hope you don't get a lemon.

...and here we go.

There can also be extra sleazy sales tactics. When I was selling cars for a KIA dealership, there was a salesperson at a sister location that BRAGGED about getting a family to trade in their 14 Sportage SX on a 15 Sportage SX when they brought the car in for its second oil change because the salesperson felt that 'this colour was better suited for the family'

Granted, it may have required a different reason for a Tesla to come onto the lot at all (truck shopping, ridiculously priced perfect project car that "sold yesterday", dropping off a friend to pick up their car etc..) But some sales people can layer on the sleaze to the highest degree... 

DjGreggieP said:

There can also be extra sleazy sales tactics. When I was selling cars for a KIA dealership, there was a salesperson at a sister location that BRAGGED about getting a family to trade in their 14 Sportage SX on a 15 Sportage SX when they brought the car in for its second oil change because the salesperson felt that 'this colour was better suited for the family'

 

This seems to fall under the W.C. Fields maxim that "there is a sucker born every minute".

We can agree that salespeople can be sleazy, but the decision to buy is still made freely by the buyer.

https://psychcentral.com/lib/learning-to-say-no/

A year or two ago, somebody traded in a Tesla at the local Nissan dealer.

Another data point YMMV in Canada banks are barred from leasing and therefore dealers, brokers, and lease companies do leases and therefore dealers can end up with all sorts of late model ex lease vehicles.

I find the premise here rather annoying.  The answer is most likely someone that got excited about saving the world with their trendy expensive electric car and bit off way more than they could chew.  After the realities of abject poverty settled in, along with a couple of missed payments and threatening phone calls, they surrendered the car and bought one that actually makes sense.

It seems like everyone takes offense if you point out that Teslas are just another car.  Some people like them, some people don't.  It's not a personal attack, just reality.

No one posts "who traded in a Miata for a different car?" as if no one is allowed to not like the Miata.

It's a car.  Not a god.

dxman92 said:

A year or two ago, somebody traded in a Tesla at the local Nissan dealer.

A local Hyundai dealer took in an 08 Lamborghini 2 months ago, a 2018 M4 and a 2018 Lexus LC500 last week. All on Pallisades. 

I sold my Tesla Model 3 and went back to an ICE a few weeks ago. In 35,000 miles it had no mechanical or electrical issues, and was still surprising and enjoyable. So why'd I sell it?

1) My insurance rate went from $160 per month to $420 per month, without crashing or being convicted.

2) I went from driving 40,000 miles per year down to 15,000 because I began to work from home. 

3) Tesla promised later delivery of a Model 3 tow hitch. It was never made available, and the owner's manual still says that the warranty is void if I use an aftermarket hitch. They delivered Model 3s in Europe with a hitch. They started selling a Model 3 hitch outside the US. They will not sell a Model 3 hitch to me, and said that my warranty would be voided if I imported a used Model 3 hitch. I can't own a car that can't tow. 10,000 of the 15,000 miles I drive per year are driven towing a kart on a little open trailer. 

I'll probably own a Tesla Model 3 again, when I can get a 10-year-old one. 

In reply to Vajingo :

Oh and the dick pics they must have seen.

Not to mention the screen burn on Motorola phones.

In reply to Curtis73 (Forum Supporter) :

It is a therapeutic most likely. So yes. Not a god.