u/kbtech

[Fun fact] Traded in 2022 MS to Tesla for $40,300 and now in pre-owned inventory for $57,000

[Fun fact] Traded in 2022 MS to Tesla for $40,300 and now in pre-owned inventory for $57,000

Nothing more than a fun fact and curiosity. Traded in my 2022 Model S (with Advanced AutoPilot) to Tesla back in April for $40,300. Saw it pop up in my local inventory for $57,000 now.

https://www.tesla.com/ms/order/5YJSA1E57NF488274#overview

They seem to have modified a few things:

  • Removed front window tints.
  • Had a custom tow hitch installed. They have removed it from the vehicle.
u/kbtech — 23 hours ago

Edit: Spoke to Tesla and they mentioned that registration is required before I can trade-in. So, I need to wait for registration to arrive and do a quick title. Probably going to take 2-3 weeks and delivery might be closer to Memorial weekend. Tesla said they will hold the car for me if they have to. So that's reassuring. At this point it's a waiting game.

Background:

Got the order in, but not sure if I'll be able to pick it up due to some complications! (New vehicle trade-in)

  • Originally, Model S owner (2022) and last month was debating buying between 2026 Model S or 2026 Model Y Performance. See post
  • Made the incorrect decision to cancel my 2026 Model S order and keep the Model Y Performance order. Picked up the Model Y Performance after trading my 2022 Model S on April 14. MYP is a great car but man I miss the Model S and the incorrect decision was constantly bothering me.
  • So grabbed the new Model S when it showed up in my local inventory.
  • Some complications which might delay or cause me to cancel the order. The new Model Y Performance is fully paid for, but I'm still waiting for the registration and title. Probably going to take at least another 2-3 weeks. I'm expecting around week of May 18. So without the title and registration I don't think I can trade-in the vehicle. I have messaged Tesla and waiting to see if they can hold my order until I receive my title and registration of my 2026 MYP.

Financials:

  • Tesla trade-in estimate for my 2026 Model Y Performance is $51,100. Before anyone says Carvana/Carmax etc, I'll be saving sales tax if I trade-in to Tesla so effectively the trade-in price is around ~$56,300.
  • I paid $61,316 after taxes and fees for my Model Y Performance few weeks back. So effectively around $5k-6k loss. And another $15k for the increased Model S price. So financially not the greatest decision and it sucks. Life is too short and I can afford, so decided to go for it. Just don't want to regret being stuck with Model Y Performance for the next few years.
  • Luckily, my tint and ceramic coating on the MYP was scheduled for the upcoming week and didn't spend money on them. Got to return some of the accessories as well.
u/kbtech — 12 days ago

Not sure what this lady was thinking! Probably not paying attention or entitled lol

u/kbtech — 19 days ago