Trade-Ins

We accept passenger cars, trucks, vans and SUVs for trade in towards the purchase of a new or used Tesla vehicle. If you wish to trade in your vehicle, enter in the vehicle details in your Tesla Account before your Tesla vehicle is delivered. If your trade-in vehicle qualifies, you’ll receive a purchase offer that can be applied towards your order. If you decide to trade in your vehicle, you will hand off the vehicle during your delivery appointment.

Frequently Asked Questions

Trading In Your Vehicle

Which vehicles are eligible for trading in?
We accept passenger cars, trucks, vans and SUVs for trade-in value towards a new or used Tesla vehicle purchase. Internal combustion engine (ICE) vehicles and electric vehicles (EV) are acceptable for trade in.

We do not accept motorcycles, RVs or commercial vehicles. Non-drivable vehicles are also not accepted for trade in. See below for eligibility of branded vehicles.

How does the trade-in process work?
After your order is placed and a VIN has been assigned, a Tesla Advisor will contact you to start the trade-in process. In order to receive a trade-in offer, you must submit details such as your VIN, mileage, zip code and photos in your Tesla Account. We will contact you when your trade-in offer is ready for review. Trade-in vehicles must be dropped at your delivery appointment.

Any applicable positive equity can be applied towards the purchase of your new or used Tesla vehicle. If you have negative equity, it must be paid either at delivery or rolled into your financing agreement (pending credit approval).

Can I trade in my vehicle if I’m still actively leasing?
Yes, but some lessors impose restrictions on allowing active leases to be bought out. Below is a list of some of these lessors that no longer allow third-party buyouts for their leased vehicles. Before placing your order, contact your lender to verify any third-party buyout restrictions.

Can I trade in my vehicle if I’m still actively financing?
Yes. You can trade in your vehicle if you are still making finance payments. We will calculate and compare the pay-off amount and any equity (positive or negative) that will be added to your Motor Vehicle Purchase Agreement.

Note: Refrain from paying off your lease or loan in full prior to trading in your vehicle. Any delays in the title receipt may delay your delivery date.

Will Tesla accept vehicles from outside of Canada?
We accept trade-ins previously registered in the United States if the vehicle meets the below criteria:

Can I trade in more than one vehicle towards my new Tesla purchase?
We do not accept more than one trade-in vehicle towards the purchase of a new or used vehicle.

Can I trade in a vehicle if my name isn’t on the title?
If you are trading in a vehicle that is titled in another person’s name, you must transfer the vehicle title of ownership to your name before your delivery appointment. We will not accept a granted power of attorney in lieu of legal ownership.

Trade-In Offers and Valuations

When will I receive my trade-in offer?
As your delivery date approaches, you will be asked to submit your trade-in details in your Tesla Account. Once submitted, we will provide a trade-in offer based on current market conditions. Trade-in offers are valid for 30 days or 1,600 kilometers, whichever comes first, and are contingent on the information you provide about the vehicle being accurate.

How does Tesla determine the price of my trade-in vehicle?
Trade-in values for non-Tesla vehicles are determined based on market data utilizing industry standard tools and resources (pending vehicle history verification).

Trade-in values for Tesla vehicles are determined based on vehicle configuration, history, mileage and age. The resulting value is based on information you provide us about the vehicle, market data and internal Tesla product knowledge.

How do aftermarket vehicle modifications affect trade-in valuations?
Aftermarket vehicle modifications typically have a negative effect on trade-in valuations. It is best for trade-in vehicles to be in ‘stock’ or original state.

Dropping Off Your Trade-In

When can I drop off my trade-in vehicle?
All trade-ins must be dropped off during your scheduled delivery appointment. We cannot accept trade-ins before or after your scheduled delivery appointment.

Can I drop off my trade-in at a different delivery location?
Trade-ins must be dropped off at your assigned delivery location during your scheduled delivery appointment.

Who is required to be present at delivery?
All owners listed on the trade-in vehicle title and/or registration must be present at delivery to sign the trade-in documentation. Failure to have these individuals present could result in delayed delivery.

What happens to the personal data stored on the trade-in vehicle?
Before trading in your vehicle, the vehicle owner must clear any data and restore it to factory settings. This ensures that all your personal information is removed before you trade in your vehicle. We will not check whether you have cleared your data and we are not responsible for ensuring that your personal data is removed from your trade-in vehicle.

If you are trading in a non-Tesla vehicle, check your owner’s manual for guidance on removing your data. If you are trading in a Tesla vehicle, tap ‘Controls’ > ‘Service’ > ‘Factory Reset’ on your touchscreen to clear your data and restore to factory settings.

I’m trading in my vehicle that is currently enrolled in Full Self-Driving Beta to a new Tesla vehicle. Can I transfer Full Self-Driving Beta to my new Tesla vehicle?
If you sell or trade in your vehicle that is currently enrolled in Full Self-Driving (FSD) Beta, it is not transferable to your new Tesla vehicle. You can request FSD Beta from your new vehicle by selecting ‘Controls’ > ‘Autopilot’ > ‘Request Full Self-Driving Beta’ on your vehicle touchscreen.

Can I request my trade in vehicle back if I am unsatisfied with my new vehicle purchase?
Trade-in vehicles cannot be returned once trade-in documents are signed, the vehicle is in our possession and the transaction is complete. For additional details, review your Trade-In Annex.

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