Dark-Fx
Well-Known Member
You should almost never trade in a used vehicle on a new one, money wise. The only reason to do it is if you don't want to deal with any of the alternatives.
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As is pretty customary in the current inventory environment.I bet Rivian will NOT negotiate on trade in values. I think take-it-or-leave-it will be their stance.
I’d have to disagree with this statement. I traded in my Tesla on my current XC40 Recharge and they offered me more for trade than Carvana offered plus I got $3500 in tax savings. I drove it to the dealer and drove away in my new vehicle.You should almost never trade in a used vehicle on a new one, money wise. The only reason to do it is if you don't want to deal with any of the alternatives.
Carvana is still a trade-in service. You aren't selling to a private entity.I’d have to disagree with this statement. I traded in my Tesla on my current XC40 Recharge and they offered me more for trade than Carvana offered plus I got $3500 in tax savings. I drove it to the dealer and drove away in my new vehicle.
I traded in my JLUR on my Tesla and they offered me more than Carvana, plus I got the tax savings on top of that.
We traded my wife’s CR-V on my wife’s XC40 Recharge and we negotiated with the dealer to match Carvana’s offer after you factored in the tax savings.
There are many other examples where we traded in our vehicles and didn’t regret it in the least. We don’t have to deal with tire kickers, letting lots of people drive our vehicles, etc.
You literally just made his point for him: You didn't want to deal with selling it yourself.I’d have to disagree with this statement. I traded in my Tesla on my current XC40 Recharge and they offered me more for trade than Carvana offered plus I got $3500 in tax savings. I drove it to the dealer and drove away in my new vehicle.
I traded in my JLUR on my Tesla and they offered me more than Carvana, plus I got the tax savings on top of that.
We traded my wife’s CR-V on my wife’s XC40 Recharge and we negotiated with the dealer to match Carvana’s offer after you factored in the tax savings.
There are many other examples where we traded in our vehicles and didn’t regret it in the least. We don’t have to deal with tire kickers, letting lots of people drive our vehicles, etc.
The 7-day return policy is a trick. You still pay all taxes, registration, sales fees, etc.. they just refund you the base MSRP of the vehicle. You'd always just sell it instead.One thing I am curious about is how does the 7 day return policy work w/ a trade in, havent yet seen any info on this but I may have missed it. Anyone heard/seen anything?
Wait, they keep taxes? How does that work? Registration and fees I get but taxes surprises me.The 7-day return policy is a trick. You still pay all taxes, registration, sales fees, etc.. they just refund you the base MSRP of the vehicle. You'd always just sell it instead.
presumably would have to apply to state or whoever taxes are remitted to for a rebate on those.Wait, they keep taxes? How does that work? Registration and fees I get but taxes surprises me.
This would also be highly dependent on which state you're in... Some may allow a credit/rebate/refund if the vehicle was owned for a limited period of time. Others will not and you may be responsible for the full bill, even if you only had the vehicle for a day.presumably would have to apply to state or whoever taxes are remitted to for a rebate on those.
correct.You will get offered a value that will allow Rivian to sell it at a small profit to someone else who will sell it at a bigger profit on the retail market.