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How do you trade in a Tesla?
I’m looking to trade in my Tesla and upgrade. How do I go about doing this?
Will Baldwin · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Good news for Tesla owners looking to switch cars—
Teslas
hold their value incredibly well. They’re also safer than many other current brands on the resale market. If you’re looking to do a direct trade-in, contact the Tesla company or dealership. Basically, you’ll give it back to them, and they’ll put that value toward your next purchase. The only thing to watch out for is that Tesla has gained a bit of a reputation for undervaluing their vehicles when taking them back.
Your other option is to go to a non-Tesla company buyer, where you could get a really good value, but the process could be a little more time-consuming.
In speaking of shopping around for good value,
Jerry
is your best bet for finding the right car insurance policy. It takes less than a minute to sign up, and you’ll be able to choose from competitive rates from up to 50 top providers. View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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