Tesla Trade-In Deal Highlights Challenges of Negative Equity

In Lehi, Utah, a unique car trade-in deal is being negotiated. EV Auto Alex, a car dealer, is working with a customer to exchange a Tesla Model X and Model Y for a Cybertruck. The Model Y has significant negative equity, adding complexity to the transaction. Alex explains, "With some cars, Carfax history doesn't really matter, but on a newer car, it's crucial." The deal highlights the challenges of negative equity and the importance of finding the right buyer. The successful negotiation of this deal demonstrates the importance of careful consideration and open communication in car sales.