I agree, I’d love to see Tesla able to do better, but to date Tesla has never really been able to handle it, at least as far as I’ve seen.Any source on that? I see this statement made a lot but haven’t seen any evidence to support it. We are in Q1, their slowest time of every year. Yet somehow the trade in values have cratered ~50% in just a two-three month timeframe? There is something else going on because in the US, they are definitely getting closer to market value. A friend of mine just got a quote for his 2018 LR RWD with more mileage than mine and was offered $38k USD which is right around private market value here after currency conversion. Yet all the recent stories in Canada are just laughable numbers. If they don’t want to accept trades then they should just stop instead of wasting everyone’s time with these incredibly low numbers. Again, I have no horse in this race right now but I am definitely on the side of seeing things get better for others.
Tesla also wholesales trades. They don’t keep nor sell every car they take in. So to keep hearing this argument about how it’s such a burden for them is quite puzzling. They are just shuffling paperwork around to facilitate them.
If I were to agree to their laughable offer, they’d likely turn around and list my car for sale for around $50k on their used site with very little to no money in on it from them due to the great condition of my car. Otherwise they’d just send it off to their wholesaler and not do anything at all except some paperwork.
What was the company Tesla was using for their wholeseller before? I remember it being in the news for doing a shitty job, but I don’t remember all the details. Where Tesla isn’t a part of the dealership network (as far as I know), they can’t get rid of used cars that way. At least not without having a middleman in there, which jacks the costs.