It’s a complicated time for car shoppers. President Donald Trump’s tariffsthreaten to increase new car prices,Female Hostel 3 and the used car prices are expected to rise in turn. That is, of course, unless you’re shopping for Teslas, which are getting more affordable versus the rest of the car market.
Forbes reportsthat 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 U.S. elections in November. Forbes notes that it’s not particularly difficult 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 Xhas dropped from around $45,000 to $41,500. Per CarGurus, Tesla vehicles, on 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 Cybertruckhad a $120,000 price tag. Today, those same Cybertrucks are going for a hair over $90,000, a reduction of approximately 25 percent.
For context, Tesla’s 10 percent drop in used car prices is much higher than most automakers. Kia, for instance, has mostly held steadyover the last year, while Ford prices have gone upsince 2025 started but are down around 4 percent since last March. Most automakers are around that same range. Edmunds notedlast month that used car supplies are beginning to dry up, which may lead to higher used car prices later in 2025. Tesla seems to be bucking that trend for now.
SEE ALSO: Tesla sales are reportedly falling globally. How bad it is and where.There are numerous reasons why buyers might be hesitant to purchase a Tesla or current owners might want to ditch their cars. Some may not agree with Musk’s increasingly right-wing political views, while others may want to avoid having their cars vandalized. While there are plenty of anecdotal reports of people selling their Teslas, there isn’t much firm data to quantify exactly how many people have done so or why. After all, Tesla has also begun shipping out its new Model Y, which 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 quarter, and it’s likely not going to get better anytime soon. There are already reports of new Tesla shipments dropping 50 percentin Europe, led by Germany, where sales of new Teslas have declined by 76 percent. Public sentiment isn’t ideal, and activists are protesting Musk in Tesla showroomsacross the U.S.
On the ever-so-tiny plus side, you can get a Tesla for an outstanding price if you can stomach all of the controversy.
Topics Tesla Elon Musk
Useful or Little Known Android Features
Trip.com’s Q4 revenue doubles, CEO announces discontinuation of 2019 as a benchmark · TechNode
China’s new communication satellites to lay the foundation for 6G · TechNode
Jenna Fischer shares the hilarious challenge in 'Pam's Replacement'
Best iPad deal: Save $132 on Apple iPad (10th Gen)
Jenna Fischer shares the hilarious challenge in 'Pam's Replacement'
11 amazing photos that will erase your insect fears
Trip.com’s Q4 revenue doubles, CEO announces discontinuation of 2019 as a benchmark · TechNode
The cicadas aren't invading the U.S.
11 amazing photos that will erase your insect fears
Fyre Festival and Trump’s Language
VP debate shows we’re stuck in first grade on climate change
BYD said to be launching cheaper Qin electric sedan amid price war · TechNode
Nvidia hires ex
4GHz CPU Battle: AMD 2nd
Chinese lidar maker Hesai to sue US Defense Department after blacklisting · TechNode
Elon Musk's X will soon remove public likes
U.S. Space Force 'Guardians' get Marvel and Destiny fans buzzing
NYT Strands hints, answers for May 2
Beijing calls for “prudent” practice in EU anti
Daddy Issues: Renoir Père and Fils by Cody DelistratyStaff Picks: Broccoli Puzzles, Bot Poetry, and Banana Pudding by The Paris ReviewJames Baldwin, Restored by Hilton AlsMonsieur Bébé: The Brief, Strange Life of Raymond RadiguetNature Redescribed: The Work of Vija Celmins by The Paris ReviewWhere Stevie Smith’s “From the Greek” Is From by Anthony MadridSharing Love by Ross GayStuck on You: An Ode to the Second Person by Nell StevensWas Holly Golightly Bisexual? by Rebecca RennerPoetry Rx: You Are a Threat Loving Yourself by Sarah KayOde to GrayNotes from Kathleen Collins’s Diary by Kathleen CollinsPoetry Rx: And You Want to Be Liked by Kaveh AkbarThe Museum at Auschwitz by Sigrid RausingThomas Bernhard, Karl Kraus, and Other ViennaThe Teddy Bear EffectNature Redescribed: The Work of Vija Celmins by The Paris ReviewFeminize Your Canon: Isabelle Eberhardt by Emma GarmanThree Writing Rules to Disregard by Benjamin DreyerOne Missing Piece by Jill Talbot What to write in your Mother's Day card to claim your spot as the favorite child This new app wants to help you pick stocks based on Twitter data Heed Twitter's warning: Don't buy your prom dress online Steph Curry got cheered at 'Hamilton' then played tambourine with a jazz band Harry Styles slays with his surprise cover of Kanye's 'Ultralight Beam' Third wheel Drake went to prom with his cousin The government wants Facebook to let you mass delete all your cringe teen posts Racial justice activists are bailing black moms out of jail for Mother's Day Laverne Cox celebrates her natural hair journey with an empowering pic It's time to take your medicine and stop WannaCry ransomware in its tracks Nintendo reportedly working on a 'Zelda' smartphone game Veterinary nurse makes colorful, custom casts for animals post The radical history of Mother's Day you never knew about The songs that take us back to the last days of high school, by class year Some dude wearing an Australian flag jumped onstage at Eurovision and mooned everyone Why using AI in policing decisions risks race and class bias Stunning drone video shows the evolution of the new Apple Park campus Woman washes vagina with mint and tea tree shower gel, instantly regrets all her life choices Teen runs a half Cole Sprouse wrote pretty disturbing Mother's Day poem when he was a kid
2.4994s , 8224.5546875 kb
Copyright © 2025 Powered by 【Female Hostel 3】,Defense Information Network