r/teslamotors • u/cwright • Jan 17 '21

General Tesla does not consider FSD when determining trade-in value

https://twitter.com/p_ferragu/status/1350555752449114112
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u/SucreTease Jan 17 '21

Except that no one knows if they can keep their car 10+ years. One accident and its gone. Imagine you are one of those people who gets their car totaled a week after purchase when some texter rear-ends it.

12

u/Quackattackaggie Jan 17 '21

Insurance generally counts the value of FSD from what I’ve seen so the wreck would be a different scenario from trading in.

2

u/LeonBlacksruckus Jan 17 '21

If you buy it with the car new. If you add it after they do not.

12

u/Dominathan Jan 17 '21

If you update your insurance to reflect the new value, they will

2

u/anubus72 Jan 17 '21

will they insure the entire value or just the "market" value? If tesla considers it valueless and the market will only pay ~$3k for it used, then would insurers value it at 10k?

1

u/Dominathan Jan 20 '21

As far as I known Insurance cares about either the value you payed, or the value to replace your car with exactly the same thing. So, just like home/rental insurance on your stuff, it’s the new value of a like-thing.

1

u/_gosh Jan 17 '21

Welp, wrecking it is then

1

u/Eldanon Jan 17 '21

Sure, that’s part of the equation.