High-Mileage Tesla Trade-In Highlights Used EV Market Challenges

Used Electric Vehicle Trade-Ins: Challenges and Considerations The used car market is booming, and electric vehicles (EVs) are no exception. However, the trade-in process for high-mileage EVs presents unique challenges. Recently, a Tesla Model 3 with 200,000 miles was brought to EV Auto, a car dealership in Utah, for a trade-in. The dealership's assessment involved a thorough inspection, including a crucial battery health test. The test revealed a battery health of 79%, falling short of the 80% threshold required for a warranty. "I'm having a hard time valuing it with all those miles," said Alex, the car dealer, highlighting the uncertainty surrounding high-mileage EVs. The customer, who preferred to remain anonymous, expressed their concern about the lack of warranty. Despite the battery test result, the dealership explored alternative options, offering the customer a newer Tesla Model X as a trade-in alternative. This case study illustrates the complexities involved in evaluating high-mileage EVs and the importance of battery health in determining trade-in value and warranty eligibility. The incident underscores the need for more transparent and standardized procedures in the used EV market. The outcome of this specific trade-in remains uncertain, but it serves as a valuable example of the challenges and opportunities in the rapidly expanding used EV market.