During COVID and in the immediate years after their production started used Teslaa held value well. Now, they’re values are dropping off a cliff. They’re depreciating on par with used luxury vehicles. I suspect that as people continue to have battery failures as their fleet ages, their prices will drop even more sharply. Be careful buying a used EV.
During COVID and in the immediate years after their production started used Teslaa held value well. Now, they’re values are dropping off a cliff. They’re depreciating on par with used luxury vehicles. I suspect that as people continue to have battery failures as their fleet ages, their prices will drop even more sharply. Be careful buying a used EV.