Categories: Electric Cars

Tesla Offers $5,000 Trade-In Boost For Older Model S/X Vehicles

Tesla is making an attempt to entice individuals to purchase its costlier automobiles, particularly the Mannequin S sedan and Mannequin X SUV, which aren’t promoting practically in addition to the extra reasonably priced Mannequin Y and Mannequin 3.

In reality, the 2 larger automobiles’ gross sales figures are nowhere close to the numbers of the Mannequin 3 and Mannequin Y, with Mannequin S registrations within the US barely going over 25,000 models between January-November 2022, whereas the Mannequin Y handed the 200,000 mark in the identical interval. 

So, in a bid to vary issues up just a little bit, Tesla is providing a $5,000 improve in trade-in worth to homeowners of older Mannequin S and Mannequin X automobiles who’re keen to improve to the most recent fashions. Nevertheless, this provide is barely legitimate for these automobiles which have limitless Supercharging enabled, as per the e-mail despatched by the EV maker to present homeowners, quoted by Electrek:

“As an early Mannequin (S or X) proprietor, you might be eligible to change your limitless free Supercharging miles for an extra $5,000 in your car’s trade-in worth if you buy a brand new Mannequin S or Mannequin X.”

The provide can be legitimate for Canadian Tesla homeowners, who will get an additional $7,000 (Canadian) once they commerce of their automotive. With this being mentioned, nonetheless, those that resolve to do the change must know that they’ll get the additional credit score provided that they buy a brand new Mannequin S or Mannequin X, with the corporate stating on its web site that these shopping for a brand new Mannequin 3 or Mannequin Y aren’t eligible for the credit score.

And whereas it’s an fascinating provide on Tesla’s facet, it’s value mentioning that Mannequin S and Mannequin X costs aren’t what they was once. Now, a base Mannequin S begins at $94,990, which is $25,000 costlier than the roughly $70,000 price ticket it carried again in 2013, so a $5,000 rebate won’t be the perfect deal, particularly contemplating Tesla’s historical past of providing low costs to trade-ins. Plus, those that wish to go down this route must hand over their free limitless Supercharger entry.

What’s your tackle this: do you suppose it’s deal? Tell us within the feedback beneath.

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