# How to get rid of Model Y negative equity?

**URL:** <https://forum.leasehackr.com/t/how-to-get-rid-of-model-y-negative-equity/624130>\
**Category:** Buy/Finance\
**Tags:** tx, tesla, financing\
**Created:** [December 4, 2024, 4:44am UTC](https://forum.leasehackr.com/t/how-to-get-rid-of-model-y-negative-equity/624130 "2024-12-04T04:44:08Z")\
**Posts on this page:** 4\
**Page:** 2

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**Author:** ![Yanoosh](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/yanoosh/32/239537_2.png) [@Yanoosh](https://forum.leasehackr.com/u/Yanoosh)\
**Post date:** [December 4, 2024, 2:31pm UTC](https://forum.leasehackr.com/t/how-to-get-rid-of-model-y-negative-equity/624130/21 "2024-12-04T14:31:13Z")

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Tried helping a friend to unload a 22 MYP bought at the peak of the Teslamania ($77k OTD) into a 2024 MYP with that 0% promotion first time around and its a wash. Tesla will not let you roll much negative equity unless you cough up hard cold cash.

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**Author:** ![Bluemkn57cars](https://leasehackr.b-cdn.net/letter_avatar/bluemkn57cars/32/5_5575768a8748004e209b776fc1b2916d.png) [@Bluemkn57cars](https://forum.leasehackr.com/u/Bluemkn57cars)\
**Post date:** [December 4, 2024, 2:31pm UTC](https://forum.leasehackr.com/t/how-to-get-rid-of-model-y-negative-equity/624130/22 "2024-12-04T14:31:38Z")

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Proably 72 months on a 2023 model?

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**Author:** ![Bumboola](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/bumboola/32/217759_2.png) [@Bumboola](https://forum.leasehackr.com/u/Bumboola)\
**Post date:** [December 4, 2024, 2:34pm UTC](https://forum.leasehackr.com/t/how-to-get-rid-of-model-y-negative-equity/624130/23 "2024-12-04T14:34:50Z")

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Can’t imagine any world where a Model Y is worth $800-900/mo to begin with

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**Author:** ![Bluemkn57cars](https://leasehackr.b-cdn.net/letter_avatar/bluemkn57cars/32/5_5575768a8748004e209b776fc1b2916d.png) [@Bluemkn57cars](https://forum.leasehackr.com/u/Bluemkn57cars)\
**Post date:** [December 4, 2024, 2:44pm UTC](https://forum.leasehackr.com/t/how-to-get-rid-of-model-y-negative-equity/624130/24 "2024-12-04T14:44:25Z")

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Well, it is a $45k+ car. _Don’t shoot the messenger_. 😀😁

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