Selling My Tesla Model S Back To Carmax! Here’s The Full Story
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- เผยแพร่เมื่อ 17 ก.พ. 2023
- Dave discusses why he is selling his 2021 Tesla Model S back to CarMax 5 months after he bought from them. Stay tuned for the replacement car video!
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#Tesla #carmax #models - ยานยนต์และพาหนะ
Thanks for single-handedly keeping the US economy out of a recession!
I always do my part 😊
Unfortunately in Bidens HORRIBLE ECONOMY and FAILED POLICIES, America is headed towards disaster 😢
Long story short, Carmax gave him a previously hit / wrecked car. Saved you 20 minutes.
Lol
But did Carmax know? 🤔
😂
but gave him a good deal by buying it back for $18,000 less than he paid
😂
@@knpstrrsuch nice ppl
Have you noticed all the Used Electric Cars sitting on car lots.? I drive alot up and down the CA. State, I've noticed a lot of EV showing up in these used car lots. I've even seen newer used 2023 models. That says it all, .. evidently not too many people like their EV . Looks like more are going back to Gas.
Dealers pay attention: this is how you should all be doing business. Be responsible, be reasonable! CarMax does it right because it's good business in the long run. I sold both my cars to CarMax a few years apart and I'm car-free now, but if I ever buy another, I'll be going back to them. Good businesses are hard to come by these days.
Car max has been in quite a bit of trouble the last few years. They have been kicked out of a couple states even. Lots of title issues and they can’t seem to get their paperwork in order at a reasonable time.
Carmax will turn around and easily sell that car for 75k if need be. They will take no loss, Dave on the other hand took an 18k loss. So I’m not sure I agree with the notion that carmax did the right thing.
Not even a week ago you were at Mount Kisco SC getting the seat repaired, and then a video later talking about changing out the yoke. Now the car is gone already? Wow……I need to tune in more often! 😂
My life moves very fast
@dconner9 This must be why you don't have a boat, going to take a bath on this thing already lol
Hey Dave, my first Tesla was a 2018 Model S 75D. Perfect condition with 14K miles. No evidence of damage but the GPS history was never deleted. It showed 2 body shops in the GPS history, located in South Florida so I tried to call them to get a history and find out why the car was there but they refused to give information (rightly so). It is a bit unsettling to think your car was in an accident but don't know the extent of the damage or the issues. Great videos! Keep up the good work!
I got a door ding while parked and I took my car to several body shops about pulling the ding out and got crazy quotes from $1200 to $4500. I don't know why your car had been taken in, but that's why I visited some body shops
@@kenmcclow8963 Quite possible. Car was like new and never saw any issues so I just enjoyed the time I had the car!
Love the journey Dave. Love the transparency.
Love your honesty so always check your videos! I own a Tesla and no issues so far but I hear ya, issues are issues; good move to return it and move on
On the factory reset. Just a 'pro' tip for anyone trading their car into Tesla. Do the factory reset prior to arriving to the Tesla Delivery Center. You may lose access to the car to reset the information. Tesla says they reset the car and delete personal information. Every used Tesla I have bought from Tesla still had the prior phones and home/work addresses saved in the screen.
Yeah I had that happen on my 2009 Hyundai Santa Fe had the customers old details on them. Even a loaner car had other peoples phone details left! Very sloppy. There dealers don’t care.
The used Tesla I bought this past week was properly factory reset by Tesla before I took delivery of it from them but obviously that is statistically insignificant.
People never delete any information off of anything they use. I used to be a salesman at T-Mobile and people would sign in to their apple accounts on display phones. All their personal info out in public. Banking, addresses, photos, work location. Got into an argument with a woman once about coming back to the store to sign out of her account.
Dave, great video. Sorry you experienced those issues with the Model S. I myself actually ordered a 2023 Model S & when Tesla told me my trade value, I was stunned! Since then, all I been hearing about is issues with the refreshed Model S, so I’m glad I held off. Maybe I’ll wait to see what project Highland has to offer. Can’t wait to see what car you get. Anyway, I been following Kyle since 2018 & now you. Love the channels, keep up the good work.
I call Lucid, Dave you never disappoint that’s why I love your channel, also enjoy seeing Kathy and Bailey.
I am glad to hear that Carmax is still a good place to work with. Had bought and sold a few cars there but all over 10+ years ago. But just like you said. Always a positive and professional experience. No hassles and no slimy salespeople!
Sorry to hear about the loss. I'm likely about to take a hit on my 2015 P85D that I bought last year as well. It was always meant to be temporary, but I did not expect the level of price drop in the market we've seen. Can't wait to see what you get next!
He got a lucid air
Looking forward to seeing what’s next!
Good on ya Dave, love your videos, I hope Kyle has talked you into a Rivian! Looking forward to see what you choose. I pickup my GV60 performance Friday, drove it after watching your review and loved it, always thought my first electric car was going to be a Tesla, that changed in an instant, thanks again for the content you put together to help people like me make the right decision 👏👏
Good luck with the GV60! Great car!
YES! Can’t wait to see what you got. I tried to nudge you into a Lucid but they take too long. My guess is the F150 Lightning. You seemed to enjoy riding in that truck.
Congratulations - you got a good deal, and it totally makes sense to sell.
I test drove a refreshed model S. All I can say is ROCKETSHIP! But you are way too tall for an S. You need a road cruiser for those Florida trips in comfort. Model X with air suspension fits the bill and you keep the Tesla Supercharger Network. Win win. Even Kyle has proven the other branded chargers are not ready for prime time.
Glad Carmax were reasonable and gave you a good offer, can’t wait to see what you get next! I’m guessing lucid air.
My CarMax experience was just as good. I'd buy from them again in a NY minute.
Dave's gonna get a TWIZZY!!!! woohoooo! 2nd one in 'merica 😊🙂
I’m looking for a used model 3, but I’m going to make sure it has a basic warranty because even though they say the car has had no accidents, sometimes people just won’t report it.
Yeah a sad story but important I think so thanks for sharing!
Hasn't the S had these same door handle problems for years?. That should have been fixed by the manufacturer some time ago.
Oh come on, Tesla has only had 11 years to fix all these issues now ha ha. I owned two Model S and had way, way too many (mostly small) issues. Door handles, steering wheel button, hatch mechanism, air struts replaced, headlight, etc. Just couldn't take all the repairs anymore, I have a Lexus now.
@@InternetDude Toyota FTW.
@@Superman-xr1oh yep, 10K miles on my ES hybrid and it's been absolutely flawless.
I’ve never had any luck with used cars. Out of 10 used cars I may have had one. That didn’t give me any problems in the first year. As I got older. I started to only buy new. Lower interest rates and if there is a problem with a new vehicle. I’m not thinking. What did the previous owner or owners do to it. I just blame the manufacturer. Not me. 😂
Great video Dave. Keep up the great work.
92000 is a lot for a used car. But the way the market is now with prices falling your going to take a hit. I really enjoy your channel thanks.
I literally can’t figure out why someone who can afford a model S doesn’t just buy a car straight from Tesla.
Does not mean you won’t have issues but the life of your EV and how it operates truly depends on the owner and how it’s treated.
Bought a 22 Telluride last year. GREAT CAR! I had a 2017 Explorer Limited, paid $39k, 24k miles. The dealer offered $26k trade in. Took it to Carmax. Sitting at the little desk waiting for the working icon to settle on the price offered. $34K! I was so excited I jumped up and shouted YES with my arms in field goal mode! And the whole place ducked and covered. :)
There is an issue with that though. Had to pay the full $3000 tax rather than just the trade in difference.
Great videos! I’m in Mass and looking to get the Model Y. Have to either sell my 2021 Audi Q8 or trade in with Tesla. There’s a Carmax right near me off 95 so I think I’ll go see them. I’m conflicted on what route to go. Have you ever traded in a car with Tesla?
take your time, don't rush into stuff, there are plenty of cars out there. Always assume your new preowned car was someone elses problem or you might. get a suprise.
You definitely did well with Carmax, it looks good on them. However, I wonder(and even doubt) if you didn't have a well watched TH-cam channel they would have given as much or more than they can sell the car for.
Carmax seems pretty decent and you’re reasonable with the buy back process. I’m sure a cool car in your future. I’m curious on the cancellation of the fsd subscription as well. Hope to hear more.
Dave did you consider another model S at all? How long were you originally planning on keeping it?
Quite a cliffhanger, Dave. Can't wait for the next episode.
Wow, CarMax sounds like a great place to buy a car...
Watch out. If tesla compares your door handle issues to another model s with the same issue they will say that it’s within spec
If your car was hit why didn’t it appear on carfax?
Sorry you sold the S, but fully understand. Question: When you replaced the tires, did you put the same size tires on all four wheels?
Great video, maybe an EQS?
Hi Dave, What are you getting as next vehicle?
I guess this means you're not changing out the steering wheel to a round one. LOL. Can't wait to hear what you're getting in place of it.
Take Kyle along to inspect your next car before you take delivery!
Or get something you can take advantage of the $7,500 IRS rebate on before the battery supply/eligibility rules change coming in March
I think the car will be replaced with a Performance Model Y, it makes sense because the Performance Y is the best deal out there as far as performance and the Performance Y/3 and is somewhat easily available. The Performance Y is 99 percent of the S and X at 50 percent of the S/X price. I currently own one of every Tesla model and think the Performance 3’s and Y’s are underpriced if compared to their competition including the other Tesla models. I’ll go as far as guessing white interior but exterior is up in the air based on quick availability inventory…..well I didn’t get it correct, base base base model 3
I feel lucky I only had one door handle replaced in my first 107,000 miles on my 2015 MS70D, or worried about the other three maybe. It was annoying that the handle that failed was the driver door, so I had to open the passenger side and open the driver from the inside. until Tesla got the new part in. The new door handle has a little light that the old one didn't have.
I wanted to buy a Model Y in January when they lowered the prices plus being able to get the full tax credit for the brief period before the new rules kick in, but the trade in quote I had was $10k less than the one I had from November from CarGurus, and the Tesla trade offer was $3k below that, so I decided to cancel the sale and keep my Model S. This week I got an email with a $5k perk if I trade for a new Model S and give up my free Supercharging for life, but I was only interested in the Model Y until my Cybertruck, or Aptera is built, so I am keeping it another year or two
Great vid. I am picking up my 4th Tesla, a Model Y LR 3/7/23 Black with trailer hitch. Tesla 😂offered me $29K for my 2018 M3P with 25K mi and FSD which I sold on Facebook for $38K. Bought my Y for $13K off recent price with $7.5K EV tax credit for net $57K-$7.5K-$38K= $11,500. Of course I paid $3.7K in tax so my net cost for a 2023 Model Y was $15,200. The used car price of my car plummeted. I decided not to waste my money on EAP or FSD as AP will be fine, and the other features are certainly not worth it as you agree.
Great honest video - ALTHOUGH I must say How surprised I am with regards to the TESLA issues on a 2022 model S , the car is 10 years old you would have thought they would have solved the door handle problem - and the other little niggling things - It would drive me crazy! So the question I ask is would you buy a used model S 2016 + or a New Model Y ?
Y
Are you going to get the Lucid Air
No way, OoS Dave! As a current 2022 MSLR owner, I really appreciated how you shared this part of your EV journey. While I plan to keep my MS until the resale market rebounds in my favor (likely following 4-5 years of depreciation), I look forward to watching the next phase of your journey. If I were to guess I think you’ll be picking up either a Lucy-Lucid, or Rivian R1S. Party on, Dave!
75K seems fair to me given the market adjustment and the miles added
Carmax sounds like a great place to buy a car. The only used car dealer that stands behind their product well after purchase, and well after they have to.
Can’t wait to see your new model Y
Dave, your always a kind and true gentleman. Unfortunately, it is the hidden that always gets us. 18K + loss is not great over 5 months. I am sorry you had to go through this but it should teach us all. CarMax and Dealers are always out to make money, or they do not stay in business. I am sure they bought the Tesla originally for about 78, 000 and you bought it for 93k, so they made about 15k on you the first time. Unfortunately, they made another 18k on you the second time. As much as you like them, they duped you and I would not be so happy as you were from this video. Buyer beware, a dealer is out for them, not for you at all times. Being the grandson of a Car Dealer, my grandfather told me, as long as you give your customers personal and amazing service throughout their car ownership, they put the cost of the car behind them.
Holy cow! $18k depreciation for 9k miles! Well, I appreciate you are at least taking responsibility for not catching any issues and returning within the 30 days.
Don’t forget taxes etc just to own it for 5 months…then pay some more taxes for the new purchase mind blowing
Just tough timing on the used car market. Bought it at the top. As far as the new car, It must be from a dealer or from Tesla that has some inventory. Given Kyle was saying the best two cars to buy are Tesla's, probably a 3 or S. But depending on the announcement of Tesla opening up some of their DCFC's in the future maybe you went CCS and perhaps BMW?
@@teufelhunden8308 He writes it off as a business expense, so he isn't paying taxes.
Dave is a man, takes responsibility for his decisions
@@brandonnixon7105 Businesses still pay sales/use tax on vehicle purchases (in most states)... Unless you're a licensed dealer and are buying for resale purposes.
Those wheel and tires you had on are what goes on a 21+ model 3 performance
I’m thinking it’ll be a Lucid.
Congrats on your new G80 Electric.
That would be nice!!!
CarMax is great I can personally attest to this.. I’ve purchased and sold numerous vehicles to them and never had a single problem.
Hmm, so, gonna' get that Lucid you were considering.....or a new Model Y? Or, an even bigger surprise?
On the edge of my seat over here (ok, not really, but this should be interesting).
I’m thinking he’s probably getting a Lucid because of the curiosity, my backup guess is a Plaid. Dave doesn’t seem to be interested in trucks. Genesis G80 EV is something he would probably buy as well but not sure if those are out yet.
Would love to see you get a Ford F150 Lightning or a Rivian R1S. But I predict you will go for a Lucid.
What is the weather like again?
You are a better person than I am. You lost a lot (depreciation and wheels) of money on this deal and you are pretty calm about it. I would advise buying a new car next time.
Hi. Good video. I hate that you are giving away your Martian wheels! 😢 Always keep the original tires/wheels, if possible, so you can put them back on when you sell the car :)
Given how high insurance premiums can be for Teslas, prospective buyers cant reliably depend on services like CarFax. An insurance claim raises future premiums for years to come, and lowers the cars resale value due to the claim being reported. So self repairing is many times the cheaper option for some Tesla owners.
Sorry you kept having so much bad luck with your Model S's. I only had 1 door handle fail out of the 2 Model S I owned and that was a 2015 my 2020 is doing well. but as you were explaining. it just goes to show No car company is protected from faulty production parts. I have owned several nice cars (Acura, Audi, BMW, Honda, Mini, NIssan) before my Teslas and had issues with them having faulty parts and lemon issues.
Lost 16K in 5 months. Would have had a Tesla certified collision shop check for major damage before accepting such a dollar hit. But the story makes a good basis for a TH-cam video. Thank you Dave.
Plus the tax, shipping, registration, vanity plate, wheels, yoke(if he paid for that)... 25k+. None of that gets moved to a new car.
why did they not fix the bonnet ?
getting a Rivian?
I would take the $75K and run. Either buy a Tesla 3 new if you like EV, if not a Toyota, Honda or Nissan new are good choices. I bought my first new car in 2017, it is smaller than I like, but it was new so no issues, I'm the only driver on it.
Lucid Air?
Oh, Dave. It’s a shame that Tesla hasn’t been able to work out the gremlins and its model as flagship car that has been in production over the last 11 years. If I were you, I would be worried about getting into Rivian or Lucid because they have even less experience building cars
I bought a model y and they pushed it on me and being frist time tesla buyer I would want one that hasn’t had damage . I drove off down at to look over more and realized look like body work on drivers side passenger door so drove back to lot around total 5 miles they say I can’t get complete different one so bank stop paymeant next morn so they haven’t even got money and now they say I can’t get out of it and there sending me to collections. Really a bummer
I thought you got a rear wheel drive model 3?
Used Porsche Taycan, luckily you didn’t drop the $$ to have a steering wheel retro fitted
That’s what I was thinking as well. Kyle has a lot of influence on him!
Hoping you’re getting the eqs or eqe lol
As for the door handle issues, frankly, MOdel Y is a much better quality car. Sad Tesla can't make their more expensive cars (S & X) with less issues, though I"ve seen some X with a lot of their old issues fixed (like the falcon doors). MOdel S though... Seems like that car still has some issues at times. As for the car market, Car prices were inflated, so it was kinda obvious it would come down, and as soon as Tesla announced the price drop... Yeah.
Does anyone have the OVER/UNDER stats yet on what car Dave gets OR how long he keeps it? 😂
I do! Video in the am
Ha! The suspense is killing me. How can I sleep now if I’m glued to my TV? 😂
Hey Dave. Sorry about your experience. Looking forward to your new car, which I expect to be some sort of Tesla! 😀
First video you posted with this car you could see damage under the hood on the driver side, you really didn’t know it was damaged? That isn’t a professional repair in the port area, probably a DIY job or someone who should look for a different job because any reputable shop would do a job that isn’t easily apparent like that.
How did you not notice the over spray yourself with all the times you charged it ??????
Was it worth losing almost 20 grand in value? That thing was a white elephant, mate.
Cheers
How did you get rich ? Tell us
Enjoy your Lucid!
Do you regret getting rid of it at this point? I think it being only $75k now makes it a no brainer.
Good talk. 👄
He's getting a Twizzy
You should take the $75k and flip it right into a BMW i4 M50. That vehicle seems under represented on the out of spec channels :)
I test drove the i4 not the M model though. Very well built car, very solid and fun, lots of tech in the screen. I didn't wind up buying it though.
Check out Car and Driver lightning lap on the BMW i4 M50.....Not good.
@@bob-qi4nr most of what I’ve seen shows it being pretty solid overall. Competed with Model S in many ways, obviously inferior in others. I test drove it and came away impressed. Not bad for a gas “retrofit” and I don’t, at all, consider myself a BMW guy
@@bob-qi4nr just found and watched it. Yea not great on the track, at least when it comes to battery performance, but all else considered it seems like a solid car and they did admit the BMW was “a step in the right direction” for an EV on their track. I think I could live with that…
Dave has a Lucid on order but I doubt that it’s come in yet. My guess is he’ll either pick up a model Y long range or a Rivian. I’m going model Y.
Currently in the market for a model s and this scares me
I'm not sure whether this guy knows if he's coming or going, but its entertaining nonetheless
Oooooh… my. Sorry it's been such a hassle, but it's not a surprising decision. Hope what you choose next will prove to be reliable and enjoyable.
I owned two Model S and had enough of the repairs. Lots of repairs just couldn't take it anymore and bought a Lexus.
@@InternetDude Completely understandable! I do wish, however, that you'd gone for a car with NO tailpipe. This planet desperately needs fewer of them.
@@Yanquetino If you really wanted to help the environment you'd own a bus pass and no car. Personal transportation will not fix any pollution issues.
@@InternetDude 100% Ride a bike.
@@InternetDude Yeah, yeah… too bad we don't have a reliable bus system here in the Southwest Desert. My driving on sunshine from rooftop solar doesn't at least help with "pollution issues"? So… are you going to give up your Lexus and get a bus pass where you live? Hope so!
This is great news, Dave! I'm excited to see the Tesla excitement wear off a little. I owned two Model S and got rid of both because of so many problems and endless "coming soon" promises from the company. The cars are a hoot. I hope you are going for an Ioniq 5, but we'll see (tomorrow?)
Very quiet interior, couldn't hear any outside noise.
Wow I said this on your last video Sorry to see
No disrespect but it's on you for not noticing the paint spray when buying the car. It looks like CarMax did the right thing for you which is good to see. Bad timing in the used market prices but you made a good decision.
Look forward to seeing what you got, dude! Hopefully something with simple door handles. 😂
Tell the truth. You have an awesome wife and family, so in order to assuage your primal urges for something new and exciting you change cars a lot.
Why assume that the car had been hit when Carmax clearly told you that they will do paint work on cars if they need it?
Come on Dave, dish!
You seem to be overreacting but life is short. Hopefully you have better luck on your next vehicle.
Surprised by your door handle issues. I thought they were better on newer vehicles. My 2017 MS handles still work fine after 95k miles and winters.