Unless you are shopping for your first car, there is a good chance you have a car already. And since most cannot afford two car payments at once, it makes financial sense to consider doing a trade in when buying a new car.
If you are considering buying a new Tesla, you will want to know if Tesla accepts trade ins on new car purchases. As a new car maker, the rules may not be the same as your traditional dealership.
Does Tesla Take Trade Ins?
Yes, Tesla accepts trade ins when buying a new or used Tesla. They take cars, trucks, SUVs, and vans for credit towards a new or used Tesla. They also accept gas-powered vehicles for trade in, not just electric cars.
So how does it work? First Tesla will calculate the value of the vehicle you are trading in. The value of your car will go towards your Tesla purchase, bringing the upfront cost down.
Even if you are still making payments on your car, Tesla will still accept the trade in. Just make sure you can cover the rest of your loan balance.
When the day comes to trade in your car for a new Tesla, they will pick up your old car when they drop off your new car. The process is very quick and you will be driving a new car in no time.
Is it worth trading in my car for a Tesla?
If you have your eyes set on a Tesla, then you might think to go with them and not consider any other options. But with a bit more information, you may be better off selling your old car instead of trading it in.
Unfortunately Tesla does not accept junk cars in the form of trade in. Only a company like InstantOffer.com buys junk cars, and we all know how much of a pain it can be to get rid of a clunker.
If you happen to not have a clean title on your car, Tesla will not accept it for a trade in either. That means they do not buy cars with no title, salvage title or rebuilt title.
What other options do I have?
If you happen to own a junk car or a car with no title, Tesla will not allow you to trade it in towards a new electric vehicle. That being said, you still have options to turn your old gas guzzler into an electric-powered Tesla.
First thing’s first – get an instant offer from none other than InstantOffer.com. We make offers on vehicles of all makes and models, so whatever you are driving, we will take it off your hands.
Once you sell your old car, just put those funds towards a new or used Tesla. By using their website, you can schedule a day to have your Tesla car dropped off at your home.
That way once you sell your car, you will not have to drive to a dealership to get back on the road again.