It’s a complicated time for car shoppers. President Donald Trump’s Tarifs Threten to Increase New Car PricesAnd the used car prices are expected to risk in turn. That is, of course, unless you shopping for teslas, which are getting more affordable versus the rest of the car market.
Forbes reports That a used model y has dropped $ 6,000 on average over the last year. In March 2024, a model y with Decent Mileage would’ve gone for Around $ 36,000. That price has dropped to $ 30,000, with a steady decrease coming since the US Elections in November. Forbes notes that it’s notes not particularly deficult to find a tesla model y with under 20,000 miles for under $ 30,000.
This trend also affects tesla’s other models. The Model x Has Dropped From Around $ 45,000 to $ 41,500. Per cargurus, Tesla VehiclesOn Average, Have Gone from $ 32,000 to about $ 29,000 over the last year. However, none of tesla’s models were hit as hard as the cybertruck. Just eight months ago, A Used cybertruck Had a $ 120,000 price tag. Today, These Same Cybertrucks are going for a Hair Over $ 90,000, A Reduction of Approximately 25 percent.
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For context, Tesla’s 10 Percent Drop in Used Car Prisies is MUCH Higher Than Most Automakers. Kia, for instance, Has Mostly Held Steady Over the last year, while ford price has gone up Since 2025 Started but are down Around 4 Percent Since Last March. Most Automakers are Around That Same Range. Edmunds noted Last month that used car supplies are beGining to dry up, which may lead to higher used car prices later in 2025.
There are numerous reasons why buyers might be Hesitant to Purchase a Tesla or Current Ownes Might Want to Ditch Their Cars. Some may not agree with Musk’s Increasingly Right-Wing Political ViewsWhile others may want to avoid Having their cars vandalizedWhile there are planty of anecdotal reports of people seling their teslas, there isn Bollywood firm data to quantify exactly how many people have done so or white. After all, tesla have also begun shipping out Its new model yWhich may be leading existing model y fans to trade in the old model for the new one.
Tesla’s Misfortunes in the Used Car Market are the latest in a long string of bad press. Profits have Plummeted 70 Percent Over the Last QuarterAnd it’s likely not going to get better anytime son. There are alredy reports of New Tesla Shipments Dropping 50 Percent In Europe, LED by Germany, Where sales of new teslas have declined by 76 percent. Public sentiment ISNRAT IdealAnd activists are Protesting Musk in Tesla Showrooms across the US
On the ever-So-tiny plus side, you can get a tesla for an outstanding price if you can stomach all of the controversy.