They take your details and send them to their trade pool.
they then send you the highest quote.
some people get offered very low, others high. It really depends on the spec and rarity of your car to be honest.
Doesn't this add a level of uncertainty and hassle when you go to replace the car? I'd hate to have to try to sell a car privately every time I go to replace it if the likes of Tesla were only able to get you low ball offers from the trade.
Tesla do not have dealerships. They use the agency model meaning you are buying a car directly from the manufacturer, not via franchise dealer (who buys cars wholesale from manufacturers then sell them at retail to buyers).
This means that;
(i) The price is set by the manufacturer and there is no negotiation;
(ii) Secondly, they do not sell used cars (apart from their own stock such as returns & demonstrators). Therefore they dont do trade-ins as normal. They essentially outsource the buying of your car and are not concerned with the price you will receive for yours.
I'm trying to get through to Delivery phone line and it's saying 20+ minutes hold time before call will be answered... lovely
Still waiting for a VIN (ordered November, white SR w/ aero wheels). They asked for some clarification on my HP application on Thursday so I'm hoping I don't have a VIN because it's not fully approved yet? Has everyone who has gotten a VIN already approved for financing?
Tesla take in used Tesla’s and sell them second hand in U.S and indeed in the U.K..
Are you sure they are not planning to do the same here?
Answering my own question, Natalie from Delivery reached out today to let me know my HP was all approved and I now have a VIN in my source code 😁
Has anyone with a RWD order received a VIN yet? Looking at discussions over at tesla motors club it seems the RWD orders will be on the later shipments for Q1.
Not sure at all. My comment was more directed to general trade-ins.
Yes, a few people have received VINs (I got mine today) and I was told I should expect delivery for February/March.
You hand the car over to Tesla.
Gents has anyone got a tow bar for their model 3 and if so how did you get it? From the looks of it I missed the option to buy when I ordered and not sure whether you can acquire one from them post (will ask).
When we did our test drive in December 2021 I asked the rep about the tow bar. He said you can add it on afterwards even though it's not listed on the site anymore.
I know there are some changes required for fitting tow bars to cars with the new li-ion battery (that's replacing the lead 12v battery) so might be worth double checking with the sales reps.
Thanks will do - apologies for the inference that all M3 owners are gents too!
In your account once finance has been approved does it change from this to check mark? Still no vin in my account waiting for approval from AIB
Yes it does, it will switch to a new tab with "Insurance" already checked. I got my VIN straight away when finance was approved (yesterday).
On the subject of finance , do Tesla or AIB automatically get in touch with or do you have to follow up with them? That said I only put the order in on Saturday so perhaps I’m being a bit impatient!
Once your order goes in pretty quickly Tesla reps will send you on the forms for the AIB finance. The decision is also pretty quick after that.
I ordered in November and the finance process only got started last week, so you'll probably have a bit of a wait ahead of you if it's anything like me!
the financing is a 4.9% car loan is it? Can your deposit be anything you want, or is there a min and max %?
At first glance it looks to be anything you want
Ok, thanks, I might give them a shout
Anything you want... we put down €20k off the car up front, and financed the remainder.
"You can put down anywhere from 10% to 80% of the value of the car down as a down payment and you can finance the car over 24, 36, 48, 60 or 72 months."
That's direct from my email from the delivery team. I believe it is 4.9%, yes.
Just had my vin assigned this morning
Tesla m3 rwd white black interior and stock wheels ( the most basic :P )
Tesla chat confirmed this vin is the new 2022 spec with the ryzen processor
Did they send you any message to indicate new chip would result in lower range and ask you to accept. Do you mind letting me know when you ordered as I would have ordered same spec but delivery was May when I ordered in December so I went white exterior, white interior with aero wheels to bring date into March delivery?
Interestingly when I ordered at the weekend, going with white and aero gave a May delivery , adding an option brought it back to March. I assume its a ruse to make you order some extra's!!
yep if you change colour or buy the 19" wheels you'll probably get the car in March/april
They are probably required to send this confirmation request out due to the EU's strong consumer laws as a result of the new M3 getting a slightly lower range on the WLTP test rating in Europe.
In reality, the amount of extra power consumed by the AMD CPU would have negligible effect on the range of the M3 given the size of the battery. Your diving style will be the biggest factor that affects your range - especially if you have a lead foot like me!
Ordered on the 31st of October.
no message from them on any changes or anything yet but live chat confirmed a new 2022 model.
the vin was assigned straight after getting the finance approved by aib