hello, I need your help. I am selling my Tesla. I have it finance. how can I do the process. he wants to make the pay off payment and take the car, and when I received the title he will come back to give me the money extra so I can give him the title. I don't know if that's a good way. can you pleased give a advised. do I give him the keys after he makes the payoff but I still missing money.(he wants to be sure too that he makes the payoff and I don't stay with the car. how is the right way, where both are happy.i will appreciate your advised. thanks
@@giselafernandez1918 I recommend doing this sale through www.escrow.com/, as this way you don't have to worry about trusting the other person. Everything will be handled through them fairly. Very sorry your comment was missed until now!
thanks, this was helpful. we were going to trade our 2021 MYLR 7 seater for the MXLR. last minute, a friend's friend decided to purchase it. we went for a test drive, i disclosed all the imperfections, i created a document outlining everything for us and them to sign. they gave us a check. didn't know about the cashier's check part but they will be back to pick up the car and sign everything. they are not total strangers but they are no acquaintance either. we got a few more thousand than what tesla offered. plus we were able to help a new tesla owner get into their first tesla. we're picking our MXLR in a few hours.
Congrats Sherwin! So glad this was helpful and I’m jealous! We have a older X but planning to upgrade to the 2022 X LR later next year :) Enjoy your new ride!
Hi Tesbros, thanks for the video. One quick question arournd 10:44 about the loan. Does the seller need to payoff the entire loan in this case? (I guess not) or when you stated deposit the loan, what's the details about it? just for the buyer to pay what's you paid? Thank again.
I ended up selling it through only used Tesla, but check out the links in the description for some other sites you can list it on. The more places it's listed, the better!
Sooooo le me check this again_ so buyer transfers funds first to my bank account or gives me the cashiers check ? Then I verify with the bank I got the funds and only after that I sign bill of sale correct ?
@@tesbros than you! I am confused though at what point I remove the vehicle from Tesla app and move it to new owner tesla app and connect the keys? can this happen the same day when I go to the bank with buyer (we have the same bank so transfer funds will be fast), then after verification of the funds we sign the bill of sale right there and thats it ? Because tittle will be sent to me later in a few days after loan is paid off.
@@yowalker5956 with the improvement of app experience, if you have the title or registration, you can actually move app immediately. So if you have all the info, it should be same day.
Do you think someone could buy a Tesla and resell it for profit if they never drove it? I wonder what someone would pay to avoid the 6-8 month wait to get one from Tesla? hmmmm....
Most states say to keep your plates, but every state has a rule. Here’s a helpful article to figure out what your state requires, but also check the state’s .gov site for the latest laws. www.junkcarmedics.com/50-state-license-plate-rules/
This video was really useless. I was looking for guidance on doing a factory reset and removing the car from an online Tesla account. Could be other things I’m missing, and I was hoping to learn about them in this video.
This video was really useful. I was looking for guidance on "How to Sell Your Used Tesla" because that is the title of the video. It answered all those questions very clearly. Thankfully I also know how to use the search feature of RUclips, so I copy pasted "factory reset and removing the car from an online Tesla account" into the search field. Thanks for typing that for me! Literally the very first video that came up. ruclips.net/video/bqjGo2YfZMA/видео.html
Comment with any other advice you have from your selling experiences!
hello, I need your help. I am selling my Tesla. I have it finance. how can I do the process. he wants to make the pay off payment and take the car, and when I received the title he will come back to give me the money extra so I can give him the title. I don't know if that's a good way. can you pleased give a advised. do I give him the keys after he makes the payoff but I still missing money.(he wants to be sure too that he makes the payoff and I don't stay with the car. how is the right way, where both are happy.i will appreciate your advised. thanks
@@giselafernandez1918 I recommend doing this sale through www.escrow.com/, as this way you don't have to worry about trusting the other person. Everything will be handled through them fairly. Very sorry your comment was missed until now!
Thank you! You do a great job and thanks for sharing all of this information.
I'm meeting someone at a bank in Los Angels Tomorrow. I just wanted to thank you for the tips
thanks, this was helpful. we were going to trade our 2021 MYLR 7 seater for the MXLR. last minute, a friend's friend decided to purchase it. we went for a test drive, i disclosed all the imperfections, i created a document outlining everything for us and them to sign. they gave us a check. didn't know about the cashier's check part but they will be back to pick up the car and sign everything. they are not total strangers but they are no acquaintance either. we got a few more thousand than what tesla offered. plus we were able to help a new tesla owner get into their first tesla. we're picking our MXLR in a few hours.
Congrats Sherwin! So glad this was helpful and I’m jealous! We have a older X but planning to upgrade to the 2022 X LR later next year :) Enjoy your new ride!
Thanks for the recommendations, I will be selling my 2021 Tesla Model X in a few months
Thanks so Much ! Huge help with this process, as I have only sold cheap cars in past
Thanks! A great synopsis of the process.
Good information, thanks!
THANK YOU! Great video!
Glad it was helpful!
Hi Tesbros, thanks for the video. One quick question arournd 10:44 about the loan. Does the seller need to payoff the entire loan in this case? (I guess not) or when you stated deposit the loan, what's the details about it? just for the buyer to pay what's you paid?
Thank again.
You could do that and they can directly pay the bank and you get the difference.
How did you find your private buyer? How did you advertise?🎈 Thank you👌🎈
I ended up selling it through only used Tesla, but check out the links in the description for some other sites you can list it on. The more places it's listed, the better!
Potentially selling my model s this week on Facebook. There are tons of tesla buy sell pages that attract serious buyers. Hopefully this works out
Best of luck!
@matt, how did your sell go? I want to sell my model Y in a few weeks too. I just post it on Facebook but has not received any DM yet.
Sooooo le me check this again_ so buyer transfers funds first to my bank account or gives me the cashiers check ? Then I verify with the bank I got the funds and only after that I sign bill of sale correct ?
Correct 👍🏼
@@tesbros than you! I am confused though at what point I remove the vehicle from Tesla app and move it to new owner tesla app and connect the keys? can this happen the same day when I go to the bank with buyer (we have the same bank so transfer funds will be fast), then after verification of the funds we sign the bill of sale right there and thats it ?
Because tittle will be sent to me later in a few days after loan is paid off.
@@yowalker5956 with the improvement of app experience, if you have the title or registration, you can actually move app immediately. So if you have all the info, it should be same day.
I have never sold a car private party only trade ins. Is it expected, as a buyer, to wait for the title? that is the part that makes me nervous.
Yes but that is where escrow.com comes in and if not, def verify everything. It is always a little riskier but there are ways to be cautious.
Which site ended up selling your Tesla?
Onlyusedtesla
Is the downloadable bill of sale good in all US states?
should be! I would check with your lawyer to confirm.
your state DMV website has Bill of Sale form template you can fill out and print
Do you think someone could buy a Tesla and resell it for profit if they never drove it? I wonder what someone would pay to avoid the 6-8 month wait to get one from Tesla? hmmmm....
Sure. People do this all the time.
What platform did you sell your Tesla at?
Only used tesla but check out blog. We have some tips and other websites you can list at.
Remove your license plate? Um, no. Plate stays with the car
Most states say to keep your plates, but every state has a rule. Here’s a helpful article to figure out what your state requires, but also check the state’s .gov site for the latest laws. www.junkcarmedics.com/50-state-license-plate-rules/
This video was really useless. I was looking for guidance on doing a factory reset and removing the car from an online Tesla account. Could be other things I’m missing, and I was hoping to learn about them in this video.
This video was really useful. I was looking for guidance on "How to Sell Your Used Tesla" because that is the title of the video. It answered all those questions very clearly. Thankfully I also know how to use the search feature of RUclips, so I copy pasted "factory reset and removing the car from an online Tesla account" into the search field. Thanks for typing that for me! Literally the very first video that came up.
ruclips.net/video/bqjGo2YfZMA/видео.html