I got my quote, saw it was $3500 less than KBB for a TRADE-IN, and e-mailed them back asking if they were serious, or if maybe it was a glitch. I got the trade-in invitation from Tesla and executed with AutoNation so quickly that when Tesla told me that they were no longer working with AutoNation I didn't want to deal with making any changes. The saving grace for the sector could China. I keep this car that isn't mine until I get my Tesla next Wednesday. Giving away vehicles at below what it cost you to make them is not very exciting.”. After the entire ordeal, AutoNation direct was kind enough to offer us a gas card for our inconveniences. The valuation is more attractive, as the stock has trailed the market by 15% over the past seven months, Goldman said. AutoNation FIAT North Denver sells and services new and pre-owned FIAT vehicles in the Northglenn area. Living in the Phoenix area and searching for an affordable used car? I sold my 2011 Volt back to the dealer for a fair price, no hassle, 5 minute discussion.
Since this seemed ridiculous, I tried my luck with craigslist and quickly sold the car for $2,500 cash (the tires needed replacing and the AC was dead so that was close enough to the bluebook value for me). At least, Jackson added that this downturn will be nothing as severe as the last downturn in automotive sales that occurred during the financial crisis. I got the trade-in invitation from Tesla and executed with AutoNation so quickly that when Tesla told me that they were no longer working with AutoNation I didn't want to deal with making any changes. I got the exact KBB value for my car (nine year old range rover). Your future used car awaits you in any one of the dealerships across the southwest! They are a joke and I've told everyone at Tesla I've talked to the same thing. We've detected you are on Internet Explorer.
AutoNation CEO Mike Jackson called Tesla's stock price and market valuation "insane." (GM) trades for just 6 times earnings, a 15% discount to its historical average, and the Russell 3000 Auto Parts Index trades for 11.4 times estimated earnings, a 14% discount to its historical average. If the time is right now for you to consider finding an affordable, low mileage car, truck, minivan, or SUV, we welcome all drivers and car seekers to our AutoNation USA dealerships across the southwest. Thanks for choosing AutoNation Chevrolet Waco when shopping for used Tesla Model 3 vehicles for sale in Waco, near Robinson & Woodway. Fleet/Lease Inventory Bullpen View List. It will be interesting going forward to see how Tesla’s business model clashes with large automotive retailers like AutoNation, especially when you consider the fact that Tesla managed to retain a large portion of its used car business. During a talk today, AutoNation CEO Mike Jackson went as far as comparing Tesla’s valuation to a “Ponzi Scheme” and perpetuated a falsehood that other automaker and dealership representatives have made in the past – that Tesla “sells vehicles below cost”. AutoNation USA is changing the used car buying process. Skip to main content.
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