What Tesla DON’T tell you about financing a Model 3 with trade-in & PCP/PCH. Full UK order process.

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  • Опубліковано 13 жов 2024

КОМЕНТАРІ • 26

  • @AdamWellinformed
    @AdamWellinformed 3 роки тому +2

    Insightful video of the order process Mark. Look forward to watching the next one 👍

    • @ThatMarkGilroy
      @ThatMarkGilroy  3 роки тому +1

      Thanks Adam! Tesla actually called me the day after I recorded this to ask if I wanted the car THAT WEEK (end of quarter and all that). Gutted that it was too short notice for me to say yes at the time, so I’m hoping for a July/August collection date!

    • @stirry22
      @stirry22 3 роки тому +1

      Great explanatory video! I was just reviewing the trade-in process on the website. Glad I watched this before hand, will be using your referral code :) The financing calculations not being detailed prior to ordering with a trade-in is annoying. Would love to know roughly what monthly payments are.

    • @ThatMarkGilroy
      @ThatMarkGilroy  3 роки тому

      @@stirry22 Thanks- happy to share more. If you watched my Tesla collection vid from last month…I ended up totally changing my order (no trade in, took a cancellation in the end), so the numbers are different from what they would have been. Are you thinking of leasing too?

  • @homer141
    @homer141 6 днів тому

    I'm thinking of following this process, but now i'm confused because the PCH is an estimate... argh! did your personal offer come close to what's advertised or is it just a hook and then the actual offer is significantly more?

    • @ThatMarkGilroy
      @ThatMarkGilroy  6 днів тому

      @@homer141 hi , yes my personal offer was exactly what was advertised.

  • @taz2392
    @taz2392 2 роки тому +2

    This is such a great video!! Thank you.

    • @ThatMarkGilroy
      @ThatMarkGilroy  2 роки тому

      Thanks for taking the time let me know. Of course much of it is irrelevant now as Tesla stopped their referral scheme. But the weirdness with trade ins and leases is still there!

    • @taz2392
      @taz2392 2 роки тому

      @@ThatMarkGilroy I am going for a Model Y, but I think I will lease it for 4 years and then get something else. Sell my car privately as I need to know exactly what I am going to get to plan properly.

    • @ThatMarkGilroy
      @ThatMarkGilroy  2 роки тому

      @@taz2392 Yep, I ended up selling mine privately in the end and got almost 3x what Tesla were offering as a part ex value. Made the end transaction much easier. Used car prices are insane at the moment!

  • @ASuwan22
    @ASuwan22 2 роки тому +1

    So confusing ordering through Tesla Direct. I just went with a lease through ZenAuto. 12 week delivery time, only 7 weeks left to go lol

    • @ThatMarkGilroy
      @ThatMarkGilroy  2 роки тому +1

      It was definitely a bit 'quirky'! I ditched the part ex in the end as I found a better deal elsewhere. Hope you enjoy your Tesla when it arrives - you're almost half way there!

  • @paulwren9798
    @paulwren9798 2 роки тому

    Great video and well explained. I just purchased a new lease and waiting for delivery, when trying to upload my photos for the trade it I couldn’t do it, I called Tesla and they said no trade in is available when buying via a lease, only other options like buying PCP or Tesla loan.
    I was a bit shocked as the local Tesla dealer said I could and I’d based my deposit on my lease on my current car equity.
    I then called Mercedes to see if they would buy my Mercedes car and they offered even more.
    Pleased with the final outcome but it was all a bit confusing on Teslas behalf.
    Worth checking all the option, Tesla trade in / Webuyanycar / dealers

    • @ThatMarkGilroy
      @ThatMarkGilroy  2 роки тому

      Thanks Paul. It definitely does seem like Tesla want to discourage trade ins.
      I don’t know if you spotted my delivery day video but in that I talk about why I ended up cancelling our trade in after finding a much better deal elsewhere.
      It’ll feel like a long wait for your delivery date to come round but I promise it’s worth it!!

    • @tommendoza1812
      @tommendoza1812 2 роки тому

      I’m in the same, potentially ordering this week, i have a Merc to get rid off in the process. I think i might order the Tesla then try to sell the merc separately

    • @ThatMarkGilroy
      @ThatMarkGilroy  2 роки тому

      Would 100% recommend this approach Tom. You’ll be able to get a much better deal and unlike Tesla’s trade in prices, you should be able to negotiate an even better price if you can find multiple dealers interested in your Merc.

    • @tommendoza1812
      @tommendoza1812 2 роки тому

      @@ThatMarkGilroy how long was it after you placed your order did you have to start arranging the finance? Straight away or nearer delivery date?

    • @ThatMarkGilroy
      @ThatMarkGilroy  2 роки тому

      You have to stipulate how you’re going to finance it straight away but the actual paperwork is signed much nearer the delivery date. I signed mine literally 5mins before collection 😊

  • @lmlopes7
    @lmlopes7 2 роки тому

    Hi. Is it the case that Tesla will return any outstanding amount? Let´s say if I’m having 10k on positive equity and I’m putting a downpayment of 6k, will Tesla give bank the remaining balance?

    • @ThatMarkGilroy
      @ThatMarkGilroy  2 роки тому +1

      Hi Leandro- yes, technically that’s how it’ll work. But I can’t emphasise enough to shop around for your trade in value. I managed to get £6K MORE than Tesla were offering as my trade in value so the equity equation was stacked against me from the start.

    • @lmlopes7
      @lmlopes7 2 роки тому +1

      @@ThatMarkGilroy in my case their offer was really great. In fact 3 weeks after placing my Tesla 3 order the trade-in value went up nearly 2k which was a surprise. I’m currently waiting for a delivery date that is supposed to happen this month.
      Thank you for your help

    • @ThatMarkGilroy
      @ThatMarkGilroy  2 роки тому +1

      @@lmlopes7 That’s cool! The second hand auto market is crazy at the moment. Enjoy your Model 3! I’ve got a bunch more videos coming soon on my experience so far.

  • @tonyr3091
    @tonyr3091 2 роки тому

    Be warned do not buy a Tesla the company’s after service is disgraceful, my car has been sat on my drive since February due to Part shortages and all Tesla has said is it is out of their control. Terrible customer service, do yourself a favour and stay away from this company.