Tesla used automobile costs proceed to plummet, whereas the typical used automobile value is growing. Regardless of being thought-about a premium model, used Tesla automobiles at the moment are cheaper than the used automobile sale value.
Isn’t this nuts?
Final yr, Tesla’s used automobile costs began to drop together with the remainder of the used automobile market within the US.
Nonetheless, when the market began to recuperate in March 2025, Tesla’s used automobile costs didn’t. It continued to drop.
In truth, it has now dropped a lot that the typical used Tesla automobile prices lower than the typical used automobile on Automobile Gurus:
That is unprecedented. Though the model has taken a big hit over the past yr, Tesla remains to be thought to be a premium model within the business. The truth that its common used automobile sale value would dip beneath the business common, which incorporates cheap mass-market automobiles, is sort of distinctive.
Used Tesla automobile costs at the moment are down 4.59% year-over-year, in comparison with the market common being up 1.22%:
| Make/Mannequin | Avg Worth | Final 30 days | Final 90 days | 12 months over 12 months |
|---|---|---|---|---|
| CarGurus Index | $28,039 | +0.19% | +1.22% | +1.22% |
| Tesla | $27,814 | -1.75% | -4.59% | -4.59% |
All Tesla automobiles are down year-over-year, with the Cybertruck unsurprisingly main the cost.
Nonetheless, Cybertruck has began to recuperate in the previous couple of months, together with Mannequin 3.
The Mannequin Y, which is by far Tesla’s hottest mannequin by quantity, is dragging the typical down because it continues to fall:
| Make/Mannequin | Avg Worth | Final 30 days | Final 90 days | 12 months over 12 months |
|---|---|---|---|---|
| Cybertruck | $83,963 | +0.88% | +0.3% | -30.44% |
| Mannequin 3 | $23,318 | +0.2% | +0.75% | -8.04% |
| Mannequin S | $26,534 | -5.48% | -9.53% | -22.61% |
| Mannequin X | $37,747 | -2.33% | -9.24% | -16.8% |
| Mannequin and | $29,216 | -0.49% | -0.68% | -11.97% |
Electrek’s Take
Many Tesla house owners have been promoting their used automobiles and switching to new manufacturers, growing the provision and placing stress on costs.
I anticipated this, however I didn’t count on the stress to be so nice that costs would dip beneath the typical used costs.
That is vital.
It’s proof that the Tesla model has taken an enormous reputational hit and there’s no clear restoration in sight.
FTC: We use earnings incomes auto affiliate hyperlinks. Extra.
