FSD purchase unfair when trading in
Hi, Something is just not right with the way my favorite company, Tesla, is handling the purchase/ownership of FSD and trade in value. I purchased FSD for $7000 3 months ago. I would now like to trade my car in, but the trade in quote/value does not consider my $7000 FSD. Therefore if I want to trade in for a new Tesla not only am I out the regular depreciation of the vehicle, I am also out the $7000 for the FSD, and then another $7000 for FSD on the new Tesla vehicle. This is truly ludicrous mode for trade ins! Tell me I’m wrong or help me!
If anything, the FSD trade in value should be valued at $7000 less 20% so $5600. At best, it should be transferable to my purchase of a new Tesla vehicle!
Thank you,
Zack
If anything, the FSD trade in value should be valued at $7000 less 20% so $5600. At best, it should be transferable to my purchase of a new Tesla vehicle!
Thank you,
Zack
0
Comments
If you're not happy with Tesla's trade in offer, see if you can get more by selling privately or to a place like Car Max.
If you plug in your car at kbb.com and then add and delete it, you can see the value.
Not going to argue either way on it but it is what it is, they make the rules and I don't think there is much you can do about it.
It has a $7k value to Tesla, that's why they turn FSD off in hopes another starry eyed buyer will pay them $7k for a second time for the same car. Quite a scam actually. Probably should get some consumer regulations to address it.
Now if Tesla can figure out how to take AC out of the car and resell it, they'll really be on a role.
Following that model I guess Tesla could make FSD transferable in a "fixed" state and require a fee to get the OTA updates. Would that model be acceptable to you?
Your comparison to iCloud and iOS apps isn’t really valid. iCloud is a service that isn’t tied to a particular device, and iOS apps that you purchase cone from third parties. Paying for iCloud is more analogous to paying for a Spotify account, which isn’t tied to your car. Paying for iOS apps is more analogous to buying third-party accessories for your car, which you can move to your next car.
What Tesla does with cars it gets from trade-ins is not relevant. They could elect to smash the rear window and sell it for a discount. They are free to do anything they want once the car is sold to them. Most trade-ins are sold at wholesale to auction houses, and I doubt Tesla makes much on these cars. If you don't like the tradin value, sell it to someone else. Nothing is forcing you to sell to Tesla.
@EVRider, I love my model 3. The Y came out and I was interested in trading in the 3 for a Y. Might sound ludicrous after only a few months, however, in my state it is not. I received fed/state tax credits last year and state credits this year on a new EV purchase which would make trading in the 3 for a Y a clean swap. However, when you factor in the FSD I go in the hole for the amount of the FSD! Then I started thinking how it really doesn’t seem right.
I love Tesla and am in it for the long term and hope that my suggestion and experience will make Tesla a better company.
I would be most satisfied with your want also but there is nothing we can really do about it.
As to if it would make Tesla a better company I can't argue that either way either. Tesla is a company of innovation and they have certainly created a lot of loyalists with their current mode of operation. It would be nice to know the top level reasoning behind a lot of their decisions but we are the dark.
The double edge sword here is we want Tesla to be successful but if we get on a box and complain about these things we may be turning other people off. No easy answers on this sort of thing.
Same reason they'd think red paint and sport wheels are transferable. Owner paid for them.
They are purchased items.
What's next, Tesla turns of Auto HVAC. That's "software". That you can't sell the $7k "Full Self Driving" option with the car does seem illegal...or should be.