← Back to topic list

There is a reason for this

Away-Scar7754 | 2026-02-22 15:39 | 559 views

They are the best EVs in the market

Comments (197)
michalzxc 2026-02-22 15:42

Idk, what is the reference point, but I got my 2020 Tesla 3 for 11k£, and now I see 2022 ones for 13k£ - 2022 model was above 20k when I got my

moondizzlepie 2026-02-22 15:44

Is this because of them getting rid of autopilot?

Away-Scar7754 2026-02-22 15:45

This is a U.S. market condition related to the tax credit.

ddr2sodimm 2026-02-22 15:45

Tax credit ended.

Away-Scar7754 2026-02-22 15:46

That may also be a factor. I believe the majority of it is related to the lack of a federal tax credit. Although that doesn’t explain it completely because preowned Porsche Taycans also went up

Away-Scar7754 2026-02-22 15:46

This is a U.S. market condition related to the tax credit.

SomeFuckingMillenial 2026-02-22 15:49

Meh... They were the cheapest used EVs. There are many of them, so the price has gone down. At the start of 2025, I saw the value of my car plummet as the used market was flooded as people sold their cars to get away from Tesla. As the supply of those cars has dried up, the used price has gone up. They're still insanely affordable. And of course the price of the used ones has gone up without the EV credit... the price of buying a new one has increased - so buying used is more in budget.

Particular_Living584 2026-02-22 15:56

A car is only worth what people are willing to pay.

BillyJohnsFinds 2026-02-22 15:59

Still way cheaper to buy a used Tesla vs a used BMW or Mercedes that costed the same new lol.

AdminsAreWeakLol 2026-02-22 15:59

Yeah but who the hell is buying a new one with no credit and no autopilot lol

JRC3292 2026-02-22 16:00

Pretty simple really. If the M3P cost $47,500 with the tax credit and now it costs $55,000, used prices will trend closer to the $55k number than the $47.5k number all things being equal. So if your used one was worth say $40k bc a new one was $47.5k, now a used one won’t be $40k if a new one is $55k. The spread will close. Same as how during COVID people bought Model Y’s for like $65k-$70k and then were shocked when they weren’t worth anywhere near that a year or two later bc new ones were like $50k again. Then people wrote articles about how Tesla was “the worst depreciating car you could buy” which wasn’t true. People simply paid prices that were outrageous during COVID and then the market stabilized. Cuts both ways up and down when new pricing isn’t consistent whether due to govt influence or external factors like COVID.

jasonni1234 2026-02-22 16:00

My 2023 model y is still $24k.. not soaring anywhere

CommunicationBig58 2026-02-22 16:02

You can find used electric bmws for around the same prices as a model 3/S......

Packing-Tape-Man 2026-02-22 16:04

This was my experience from 8 weeks of shopping for a late 2023 or later HW4 Model X. They sold fast and usually $15+ above KBB or Edmunds estimated values. Sometimes more. I saw one year old models successfully selling for $100K, when you could get the comparably equipped new versions with Luxe included for $12K more.

txpac16 2026-02-22 16:04

Mine is 29,800 trade in with 30k miles through Carvana. Not bad

TheJuiceBoxS 2026-02-22 16:04

The previous post I saw was about how low Tesla values are.

daphatty 2026-02-22 16:05

One of the neighbors a few houses down recently rolled up in a brand new Model 3. Maybe they didn't get the memo?

BillyJohnsFinds 2026-02-22 16:07

Cheapest 2022 Model 3 is 14k, cheapest 2022 i4 I can find is 20k. I wasn’t actually thinking of EVs when leaving my comment as the German EVs so far suck and Tesla’s I think are better. If you look at ICE the gap is even larger.

opoppli00 2026-02-22 16:10

Not just Teslas. My F150 Lightning has gone up almost 10k in 2 months.

shinchan1988 2026-02-22 16:11

Quality wise tesla are not really comparable to BMW or Mercedes. Tesla is more utilitarian vehicle instead of luxury.

Mikey_bee3 2026-02-22 16:11

The other ones are dropping because they’re garbage and no one wants them and they’re trying to get rid of them 💀

AtlantaDan 2026-02-22 16:13

Very profound

CommunicationBig58 2026-02-22 16:15

The 6k (to me) is well worth it, the build/ride quality of the i4/i5 miles ahead of any Tesla. Admittedly, the range on them both is garbage but if your not looking at the cheapest options you can find both around the 30k mark (low miles & less then 3 years old)

BillyJohnsFinds 2026-02-22 16:16

I’m just talking about depreciation as a percentage from MSRP, they sell cars at competing price points.

thateconomistguy604 2026-02-22 16:19

Check out the used prices on Audi q4 etrons. Brutal depreciation

BillyJohnsFinds 2026-02-22 16:20

I think the i4 is a pile of shit, and I’ve owned like 10 BMWs and currently own 4. It’s larger than the Model 3 in every dimension but with less cargo capacity, interior room, and range. Any car built on a shared platform was done only to save the manufacturer money. Not to even mention the disgusting front end. Luckily the upcoming Neue Klasse i3 will solve all these problems.

jasonni1234 2026-02-22 16:21

Same year for LR? I have identical mileage

Packing-Tape-Man 2026-02-22 16:22

And people are paying the higher prices.

Away-Scar7754 2026-02-22 16:23

I got my M3 RWD last April. My first EV. I leased because I wasn’t sure how much I would like it. I really like it. A lot. I can buy at the end of my lease for $30k. We’ll see if that’s a good deal or not. I have Autopilot.

APHILLYATED111 2026-02-22 16:23

But electric bmws suck I worked on them for a long time

wooder321 2026-02-22 16:23

Perhaps this is Model X specific due to them sunsetting the program. I wonder if it’s the same for 3/Y

Away-Scar7754 2026-02-22 16:24

This does not explain why other preowned EVs are still declining in value

Packing-Tape-Man 2026-02-22 16:24

The article said the biggest increases have been the X and S. And from 8 weeks of shopping, there is a huge premium of ones new enough (late cycle 2023 or later) with Hardware 4.

APHILLYATED111 2026-02-22 16:24

I’m paying 380 a month for a 2025 model 3 with fsd so I’m basically driving it for $80 a month because I used to spend 300 on gas I charge for free

JRC3292 2026-02-22 16:26

Bc only like one or two other companies made legitimate EVs that qualified for the tax credit? A lot of them didn’t bc they weren’t mostly American sourced or they were expensive af. And yeah a lot of EVs in America suck and no one wants them lol. Did Rivian even qualify?

Away-Scar7754 2026-02-22 16:26

https://insideevs.com/news/787777/used-ev-prices-plummet-teslas-remain-resilient/

Far_Release_4594 2026-02-22 16:27

![gif](giphy|mlvJDPI1PfSVuDKhxo|downsized)

Winter-Crew-2746 2026-02-22 16:30

I have serious doubts on whether Tesla will be able to hit that $30k for CyberCab

One-Fix5199 2026-02-22 16:30

What you mean? I have an i4 currently

Away-Scar7754 2026-02-22 16:31

Fair point. These EVs qualified prior to the end of the credit program Tesla: Model 3, Model Y, Model S, Model X (2022-2023 models). Chevrolet: Bolt EV, Bolt EUV, Blazer EV, Silverado EV. Ford: Mustang Mach-E, F-150 Lightning. Volkswagen: ID.4 (assembled in the US). Rivian: R1T, R1S. Chrysler: Pacifica Hybrid (PHEV). Other: Cadillac Lyriq, Nissan Ariya, Subaru

APHILLYATED111 2026-02-22 16:31

It’s not a bad car… I’m just saying compared to a Tesla no fsd range not as good and no charging network also the software can be troublesome sorry I didn’t mean to be rude

JRC3292 2026-02-22 16:32

Yeah I mean Rivian is the only legitimate one on that list tbh and they had to be under $80k, so the lower trims qualified it looks like. Not many choices. Ford doesn’t even make the Lightning anymore 💀

Packing-Tape-Man 2026-02-22 16:33

I might have thought that but I was in the market for a HW4 used X even before they announced the discontinuation and it was already rough. I think a lot of people want the latest FSD -- it's the only reason some people are being Teslas -- and very few had matured out of leases yet so the market was a small subset of owners selling soon, buy backs, etc.

Away-Scar7754 2026-02-22 16:35

Doesn’t completely explain why all other EVs are declining and Teslas and Taycans are going up. https://preview.redd.it/q4hhgm9yp2lg1.jpeg?width=1320&format=pjpg&auto=webp&s=ae99fa3fd67ab22b347b875b70dec0520830ebba All Tesla models, not just S and X

JRC3292 2026-02-22 16:36

Yeah it does. I just explained it. No one wants the other brands. The govt has exited the free market and COVID is gone. Very simple economics at play now with no external influences.

billionaireboysclubs 2026-02-22 16:37

All EVs no matter who builds them will depreciate much faster than ICE and this is because EVs are all mass produced with declining pricing mechanisms. Inputs to build EVs are dropping faster now than yesterday and a week ago etc. The EV industry is making itself non profitable. By way of intense competition and innovation it has found ways to cut cost by reducing battery pricing, production pricing etc which all affects the selling price. Assumes that many EV manufacturers will go out of business trying to stay in the game, but will end up losing money to the point it can’t hang on. As for the small bump in recent price, I would say that it could be the tax credit elimination. I wouldn’t count on it staying elevated though.

shumpitostick 2026-02-22 16:37

Many other models haven't been around for very long so the used cars market gets an increased supply of these cars as time goes on > lower price

Elluminated 2026-02-22 16:38

So I can buy a ~~Fister~~ Fisker Ocean dirt cheap now? They will definitely recover as a company and beat Tesla at FSD any day now right? /s

[deleted] 2026-02-22 16:38

New Model 3 was released in 2024 and the Model Y last year. Certainly these are starting to hit the market and driving used prices up. This along with the cancellation of the $7500 credit have both played a part.

purge00 2026-02-22 16:41

Like almost all manufacturers in the US, BMWs now have access to Tesla Superchargers.

JRC3292 2026-02-22 16:42

Agree

APHILLYATED111 2026-02-22 16:42

I thought only some v3 + and v4

shumpitostick 2026-02-22 16:42

To add to this, there are several mechanisms here: - Less substitution. Before, people could buy a new Tesla rather than a used one for not too much more so many people did. Now more people are in the market for the used cars. Higher demand > higher prices - Expectations of future supply and demand. The loss of the subsidy means that future used car prices will rise. If cars which currently have the subsidy priced in stay at their same price, people would just want to buy those cars more instead of the more expensive, newer model years. People know this, it factors into their expectations of depreciation, therefore increasing demand for the older cars > higher prices.

paulHarkonen 2026-02-22 16:42

Your list is missing the Hyundai Ioniq and Kia EV series which also qualified.

CommunicationBig58 2026-02-22 16:45

Software update fixed this, just need an adapter

Away-Scar7754 2026-02-22 16:47

There are lots of other EVs in the used market that are still declining. As others have said, could be nobody wants those EVs because they aren’t as good as a Tesla and don’t have access to the Supercharger network

SMLBound 2026-02-22 16:48

People who hadn’t consider used EV’s took the plunge when the prices of used went so low it became impossible to pass up. They discovered they loved them, I think it’s catching on.

Away-Scar7754 2026-02-22 16:54

Good point

trying-to-work 2026-02-22 16:59

I don’t know they only offer 15k for my 2018 M3 with 30k miles, it’s gone down by 5k in the last one year.

Physical_Mechanic206 2026-02-22 17:01

Macro level ev prices are decreasing. Thats just an illusion expecting high prices on used EVs. Who pays high on a used Iphone or Samsung with degraded battery?

APHILLYATED111 2026-02-22 17:06

Charging is free for me I work there

vandilx 2026-02-22 17:07

- Autopilot/AutoSteer. - Physical stalks for gear shifter and turn signals.

robo_robb 2026-02-22 17:09

Compelling

Successful_Bug_2464 2026-02-22 17:15

I agree with this. It might be the refreshed models slightly driving up the prices for 3/Y. Pre 2024 M3’s still seem pretty affordable to me. Plus add it a slight bump due to tax season refunds and demand increasing.

GrumpyCloud93 2026-02-22 17:21

Used Teslas have the levers on the steering column. Plus, some probably have paid-for FSD. Unlike piston engines, electric motors don't wear out to the same degree. It will probably be substantially cheaper and worthwhile to replace the battery pack in a decade or so, rather than buy a new car.

GEtrott420 2026-02-22 17:21

Not true Used tesla i can get less than 20k they do not hold value.... worse than a stellantis

Huckleberry__Jam 2026-02-22 17:25

I swear a week ago that I seen an article that used Tesla prices collapsed.

RabloPathjen 2026-02-22 17:27

It might make the 0 to 18 month old Tesla’s go up and value. The rest of the EV market is going to continue to drop like a rock.

Electrical-Main-107 2026-02-22 17:31

Bought a MYP from inventory new not demo for 8500 discount plus got 7500 tax credit last year. I can sell it to Carvana right now and make a profit even after I paid sales tax. Lol

magbarn 2026-02-22 17:34

Well it’s your last chance if you want a Luxury SUV with Autopilot/HW4 in it. I don’t think Tesla is going to be making any true luxury cars in the future as long as Musk is CEO.

Bweasey17 2026-02-22 17:38

That and also a ton of leases came up I imagine.

supercoolhomie 2026-02-22 17:49

It’s a loophole. And now it’s closing. Best mode of private transport in the world for 30k is a steal. Now it’s gonna adjust. I bought a 2022 with 40k miles now has 80k miles and I could sell for same price as I paid. Peak engineering ladies and gentlemen AND watch it get worse for Tesla the further out their models go. If you don’t know what that is look at any used Toyota. Even 30 year old 4Runners sell for 30k with low miles. These were and are gonna be the best versions from Tesla and they’ll all be collectors someday with low mile ones discontinued ones exceeding brand new

PurpleSausage77 2026-02-22 17:56

When it comes to the markets, articles are all full of crap trying to paint narratives for whoever is paying them the most. Short and distort.

Pale_Fill_3644 2026-02-22 17:59

If I had to guess its supply and demand and the supply of used teslas and taycans on the market is shrinking so there prices are going up compared to last year

ClunkiestSquid 2026-02-22 18:04

So glad I bought mine used in August lol

Obagam 2026-02-22 18:10

Just got into a 2023 Model Y Performance. My 2014 BMW i3 Rex is still unstoppable. BMW screwed up by not improving/expanding on the REX platform.

BillyJohnsFinds 2026-02-22 18:12

i3 was such a cool car, I agree.

ryan4069 2026-02-22 18:13

how did you get such a low payment?

APHILLYATED111 2026-02-22 18:14

I work there

chewgum16 2026-02-22 18:21

The 2022 i4, new, was more expensive than the 2022 Model 3.

Away-Scar7754 2026-02-22 18:22

The point of the article is about how all Tesla models are experiencing an uptick in used pricing while other brands are still declining. This is what I found interesting for this community - likely made up of Tesla owners or those considering ownership. I don’t think anyone here believes that used EVs are going to go for “high prices” regardless of brand.

w_domburg 2026-02-22 18:22

A used Leaf isn't especially desirable, given the weird charge port, low range, etc. Polestar is an unestablished brand, with a somewhat uncertain future. Ford has had a ton of excess inventory on the Mach-E, so tons of discounts on new ones. Depressed resale is going to be different brand to brand.

Away-Scar7754 2026-02-22 18:24

Interesting point. So if you own one and want to get rid of it, now might be the time since preowned prices have ticked up. If you are looking for a preowned EV do you look at a brand other than Tesla because those prices continue to drop?

Away-Scar7754 2026-02-22 18:26

Which is what the article and image point out. So do you sell your Tesla now while the used market value is a little better? Or if you are looking for a used EV do you look to a different brand because their prices continue to drop?

Physical_Mechanic206 2026-02-22 18:27

I hear you. I have MYP 24 and I want used prices to retain a stable decline instead of steep falls. Though really often that hits me , it is tough to expect that in today’s EV world.

what_cube 2026-02-22 18:32

My juniper got an offer from Carvana 41K. 12K miles.

casino_r0yale 2026-02-22 18:38

Not true. Older V3 and earlier cabinets can’t speak CCS, so they don’t work. Adapter or not. There are a few I go to regularly where it’s annoying watching some guy with an IONIQ 5 struggle to get it going while taking up 2 chargers for 10 minutes before ultimately leaving. Every time

Suitable_Switch5242 2026-02-22 18:40

Many of the other brands have continued steep discounts and subsidized leases to keep new car sales going. Tesla mostly held firm on pricing and only dropped their entry prices by releasing stripped down models. They’re also seeing sales declines due at least in part to the higher net prices. New Teslas got more expensive, so used ones are following suit.

Gloomy-Ad-6643 2026-02-22 18:55

Unless it has the FSD/robotaxi chips, in which case it becomes a money printing machine.

Toastybunzz 2026-02-22 18:58

I got so much shit for saying the tax credit was hurting the used market and accelerating depreciation.

Fireefury 2026-02-22 18:58

Other EVs have far worse ecosystems, support, tech, etc. if you want a “good” used EV you probably want a tesla. I mean at low enough prices people will buy used EVs from any manufacturer. Even fisker EVs will sell (80K EV is now like 10k)

Fireefury 2026-02-22 19:01

That will eventually stabilize. And it’s not guaranteed. Costs could go up… labor costs are skyrocketing and so are material costs. Cheaper batteries, efficient processes and scale aren’t the only factors

thinkbox 2026-02-22 19:01

Business Insider is a joke.

ALargeHotCarl 2026-02-22 19:03

I recently got an offer from CarMax for my 2023 MYLR 33k miles and HW4, 31k. Paid 26.5k back in August. No plan to sell because I’m in love with it and the note is very cheap.

lowspeed 2026-02-22 19:26

It makes sense because it essentially made New cars cost 7.5K more.

Blazah 2026-02-22 19:36

im in at 299/month 1000 down - we both got a spectacular deal on a wonderful car!!

APHILLYATED111 2026-02-22 19:37

Which model 3 the premium? And is it a lease.

Blazah 2026-02-22 19:37

believe it or not it appears that the majority do not care about autopilot or FSD... I have 5 friends with tesla, 2 of us use that stuff, the other 3 don't care one bit and say they would never trust either AP or FSD

Blazah 2026-02-22 19:38

Same - got mine in May, just looked at buyout today, it's 30,354 - after 2 years of leasing that really doesn't sound like a bad deal. Guess we'll see!

APHILLYATED111 2026-02-22 19:41

What year as well

Blazah 2026-02-22 19:42

2025 RWD

APHILLYATED111 2026-02-22 19:43

Lease?

Blazah 2026-02-22 19:43

RWD and yes a lease in may there wasn't a basic/premium.

APHILLYATED111 2026-02-22 19:43

So I would have been at 250 but I wanted the highest miles at 15 thousand

APHILLYATED111 2026-02-22 19:43

Plus I choose white witch was a little more

Own_Cycle3009 2026-02-22 20:05

From all the websites I’ve checked and carvana my car has held its value steady and I’ve put 20k miles on it. 2021 model 3 SR

Quin1617 2026-02-22 20:15

They’re not the cheapest, but they’re definitely the cheapest ones worth buying.

GrumpyCloud93 2026-02-22 20:21

I'll disagree. The price of batteries has not dropped substantially, nor has the price of Teslas. They are still higher priced cars. A breakthrough in battery prices would be a major boost for EV's. Every new battery tech for now, much higher capacity, much higher charge speeds, lighter - all seems just around the corner for the last 5 years. EV's hold promise and should fetch higher used prices because they are very low maintenance. No oil to change, no pistons to wear out, no valves or camshafs or oil pumps or transmissions or radiators to leak - the motor isn't a lump metal that heats up to combustion temperatures and then back down to room temperature with every trip. It also recaptures much of the energy during stop-and-go traffic.

whatsasyria 2026-02-22 20:59

Telling me my 1 year old model y that was 65k doesnt have 50% depreciation?

ooo00 2026-02-22 21:25

Taycan going up could be a slight correction to the ridiculous depreciation they have had over the years.

zoltan-x 2026-02-22 21:25

Did the X and S qualify for the tax credit in the first place? I thought there was a cap and they exceeded it. But maybe that changed?

HollowTape 2026-02-22 21:31

I believe only the 3 and Y qualified for that credit (Nvm 2022-2023 S and X did qualify)

aric1985 2026-02-22 21:41

Miles?

ALargeHotCarl 2026-02-22 21:42

It’s in my reply but 33k.

goldk1wi 2026-02-22 21:44

Teslas are still poorly built vehicles. It’s an iPad wrapped in a giant shell that is passed off as ground breaking technology. With no other car manufacturer do you need to inspect the vehicle before delivery for known defects and then given the option to reject or accept the vehicle. Imagine doing this when buying a Toyota. It’s unheard of.

Voidfang_Investments 2026-02-22 21:52

If ignorance was a Reddit statement.

aric1985 2026-02-22 21:53

Oops! Sorry - missed it

Blazah 2026-02-22 21:55

yeah I've got the 10,000 miles a year and base everything. I was so blown away by it when I first drove it considering it was literally the cheapest new tesla they ever offered.

jasonni1234 2026-02-22 22:05

Then this article is very misleading by putting photos of older Model Y’s in there.

APHILLYATED111 2026-02-22 22:18

Nice did you get the silver color

w_domburg 2026-02-22 22:25

I'm not a big believer in trying to gamble with vehicle purchases. It is nigh impossible to predict where the market is going to go (especially when each administration seems intent on throwing the market into disarray in their own unique way. Buy a car that fits your needs and preferences and drive it until it doesn't.

Mr508Capalot 2026-02-22 22:40

I’m pretty sure ALL used car prices have recently been going up due to the fact that most people can’t afford to purchase new cars right now so the used market is gaining more traction. I wouldn’t say it’s specific to Tesla or to losing the $7,500 tax credit..

exgokin 2026-02-22 22:42

KBB gave me a “trade in value” of $26k. 2022 Model 3P Performance with 17k miles. Bought in August 2025 with 14,300 miles directly from Tesla, for $32k.

robomaniac 2026-02-22 22:43

Thanks for sharing. Back in fall 2025 I was wondering what would happen to second hand Tesla. I genuinely thought they would go down. This proves me wrong. I bought my 2013 leaf second hand in 2016. I am mentally thinking about my next move. Do you think the high price of S and X is because they stop making them!?

Away-Scar7754 2026-02-22 22:45

Unclear why the S and X are seeing an uptick, however I think the discontinuation announcement is a factor. There are a lot of really good posts on this thread with similar POVs

Away-Scar7754 2026-02-22 22:46

Keeping? Or selling?

Away-Scar7754 2026-02-22 22:48

https://preview.redd.it/84yi8p0hk4lg1.jpeg?width=1320&format=pjpg&auto=webp&s=ff113542afd3d1d84defb47dc284270adda4cdb0 At least in the EV space there are several models still declining while Teslas have swung up.

Away-Scar7754 2026-02-22 22:49

Amen

Mr508Capalot 2026-02-22 22:50

That’s because EV’s in general have been down across the board, but let’s not forget the Model Y has still been the best selling vehicle across the globe for the last 3 years in a row so it’s no surprise that people are still buying.

exgokin 2026-02-22 22:58

Keeping man. It’s a great car. https://preview.redd.it/syyf036dm4lg1.jpeg?width=3728&format=pjpg&auto=webp&s=32ecfb029c2b95f1643aeebc8e5088e1482d437a

Away-Scar7754 2026-02-22 22:59

The company introduced the Model S in 2013. I’m not counting the Roadster as the legitimate launch of their auto manufacturing. Given they’ve been making cars for 12 or 13 years, it’s fair to say their products have been rough in relation to Toyota who has been making automobiles for 88 years. My Tesla M3 has been great. Had no fit or finish issues or anything else in my first year of ownership. Call it an iPad or an appliance or whatever you want, you’ve either had a bad experience or you’ve never owned one (maybe never even driven one). Which is it?

Ok-Improvement-3670 2026-02-22 23:00

Toyota is like buying a steam engine wrapped in a poorly designed body drawn by a toddler. It lasts because it’s like buying technology from decades ago and they drive like it too.

moneyman729 2026-02-22 23:01

Does carvana give a different price for interior color?

Chinaboy812 2026-02-22 23:10

I just bought my Tesla model y 2023 LR with the mindset that I wanted autosteer/autopilot. Why in the world would I pay more for a newer model that has less basic features. No way am I subscribing to FSD when all I needed was autopilot. I think a lot of people are in the same mindset and the looking for cheaper older model. Plus teslas are proven more than other car companies that still over price their EVs. We’re no longer in 2021-2023. EV prices are not worth 50k or more. Especially with no tax credit. Now the smart money is coming in to swoop up the already depreciated EVs now. I’m going to pay off mine soon why poor dumb money is still paying for over priced EVs or worse newer model that do less.

Away-Scar7754 2026-02-22 23:11

Agree with the sentiment on the MY

Away-Scar7754 2026-02-22 23:13

I agree 💯 https://preview.redd.it/5nq67kp3p4lg1.jpeg?width=4032&format=pjpg&auto=webp&s=04b3ddb624f37152be866387966dfb636189f723

notoriousfvck 2026-02-22 23:33

My M3SR ‘22 w/ 90k miles gets $15k offers..

lol_cat01 2026-02-22 23:35

Amazing Reliability and user satisfaction

mattsimis 2026-02-22 23:41

Not in my country and most of the world lol, completely opposite.

Cmogs5093 2026-02-23 00:23

Tesla just offered me 28k as a trade in for my 23 model y with 23k miles on it

HistoricalJob2807 2026-02-23 00:35

Is it the autopilot? That would deter me from getting a new Tesla right now.

jasonni1234 2026-02-23 00:45

That is a really good offer.. considering Tesla usually extremely low balls offers

Mushkie11 2026-02-23 00:47

Soaring where lol? MY value plummeted!

Cmogs5093 2026-02-23 01:14

I thought the same thing. I was just curious to see what they'd offer and was half jokingly considering moving into the new lower priced cybertruck but I figured it wouldn't ever be worth it to trade in. Now I'm actually considering it as that offer feels very fair to me. Could be a temporary thing to draw people in further to the new cyber trucks maybe?

AlexTheRedditor97 2026-02-23 01:21

Ok? And?

sushi69 2026-02-23 01:23

I love it

CourtBitter8868 2026-02-23 01:24

Soared my ass

some1thatIused2know 2026-02-23 01:27

Convergence of several factors, Tesla won the charging port war with NACS when Ford and other conceded to it. This explains some manufacturers models being devalued by the market as they will have outmoded tech and consumers value simplicity. Teslas also have the most complete package when it comes to self driving and Tech being available on ALL makes and models whereas other vehicles it’s hit and mostly miss on that technology. Then the announcement that S would stop production has probably buoyed those models used prices.

PettyWanderer 2026-02-23 01:40

I don’t believe this article at all. My 2022 Model S (60k) miles, got offered 27500. I hate this car sinking every available dollar into it so I can get out of negative equity and trade it in.

Pure-Blueberry6013 2026-02-23 02:30

Carvana offered 43.500 for my 2025 model y lr

Old_Presentation_477 2026-02-23 02:39

They did not qualify because the price of the car had to be under 55,000, both the S and the X cost more than that new. I bought a 2025 model three performance in September 2025 and the sticker was 54,900. That was no coincidence. It just makes the tax credit.

soleobjective 2026-02-23 03:32

Rivian only qualified for the lease loophole

Saturn5oh 2026-02-23 04:25

What? I see used Teslas a lot cheaper in my area since the tax credit ended.

Shakurs2pac 2026-02-23 04:39

lol do you actually think there’s a world where your model 3 will go out and make you money with no driver? We are at least 10 years away from that, if not longer. Tesla will be running their own cybercabs way before that

Ornery_Climate1056 2026-02-23 04:58

Supply and demand....ain't it beautiful!

billionaireboysclubs 2026-02-23 05:04

EVs will fetch lower prices all the way around and evidence already shows this. Look at Model 3 and Model Y prices are lower and will continue to drop. Tesla enjoys playing games with their pricing structure and will change them on moment’s notice. They also mass produced those models. More inventory means lower prices. Supply & demand. Repairs are also super expensive. Refurbished EV packs are where they’re making a nice mark up right now. Battery prices are dropping because of better technology and processes. Chinese battery technology is now superior to Tesla’s. CATL is a Mass EV battery producer as is BYD, Xiaomi and they know what their inputs are because they own the entire value chain. Tesla tried to do this but could not. It’s unclear how Tesla will keep moving forward but their response so far is all unsubstantiated hype. Robotic self driving vehicles is gonna be a fierce market.

Gloomy-Ad-6643 2026-02-23 05:10

We’re not 10 years away. We’re months/1-2 years away. Look at the data.

Shakurs2pac 2026-02-23 05:30

I mean your personal car being used without you at the wheel — we are legitimately 5+ years away. Tesla will lock that service for cybercab owners only. And guess who will own all the cyber cabs?

Packing-Tape-Man 2026-02-23 07:59

It’s Business Insider. They probably had an AI do it. They are all about quantity of clicks not quality journalism.

Packing-Tape-Man 2026-02-23 08:02

The income cap never applied to leasing. Leasing used to be a great loophole because technically the buyer was the finance company not the individual lessee. So yes it qualified for leasing just not buying. And the car companies, indulge eventually begrudgingly Tesla just passed the $7.5K tax credit they received onto the lessees at point of sale. So you got an immediate $7.5K incentive paid for by the tax credit to the car companies.

Packing-Tape-Man 2026-02-23 08:03

See my more detailed reply above. Every EV got the $7.5K for leases regardless of price. The income cap only applied to purchases. The credit for leases went to the car company which passed it on at point of sale to the users.

thewashley 2026-02-23 12:09

It's the only way to get a Tesla with non-subscription lane centering now. Elon said these cars would be an appreciating asset, but nobody guessed it would be because he devalued the new ones 😂.

GrumpyCloud93 2026-02-23 13:56

I think Tesla's future is cloudy simply because Elon's lost interest in EV's, so is not producing (or planning to produce) a diversified range of vehicles. A sedan, a fat sedan, and a dorky truck aren't going to sustain a world-class automobile company. Eeryone keeps saying "batteries are better and cheaper!!" but I don't see that reflected in the consumer market - yet. Time will tell.

Far-Pop-8168 2026-02-23 14:46

Once you have used FSD in congested city traffic, you realize there is no better way to commute. Especially with latest version, why would one want to deal with that stress and headache anymore? Now IF/WHEN other companies can match or surpass Tesla's current FSD, then sure, get something else. But for right now, it is the only one in the game at this level. Took a trip to North Jersey from Central, didnt touch the wheel or pedals except at end points there and to get into garage (that is something I hope Tesla fixes soon). There had even been an accident on the Turnpike, my wife and I simply enjoyed the entire ride there and back. Had great conversations with Grok, laughing and enjoying time together instead of being stressed about getting through the mess. And if every car was equally capable, I know we would have been through that mess much faster, but thats for a few decades down the road probably. Till then, FSD for the win.

Away-Scar7754 2026-02-23 15:10

For you paying the extra mo why for this feature set sounds like it is well worth it.

newbblock 2026-02-23 16:11

Surely this is a lease right? I'm paying close to double and I got a pretty good finance rate & put 5k down.

Hot-Reveal9579 2026-02-23 16:22

2023 and up dont need to sell, specially if you have hardware 4, thats the new suspension on top of that, im keeping mine, best car for the snow i ever had

Away-Scar7754 2026-02-23 17:23

I agree. So many people said the RWD M3 I got would suck in the snow. That has not been the case at all. The technology makes the car perform well and safe in bad weather

SchlongCopter69 2026-02-23 17:54

Wow no I’ve not seen any nearly that new even close to that price… most in the $30-40k range.

Bresson91 2026-02-23 23:08

Price of one new effectively went up, so do used ones...

Malacasts 2026-02-23 23:20

Soon it'll be vehicles with FSD out right purchased as well

Abject-Joke-6695 2026-02-24 00:51

i’ve seen HW4 S/X increase by a lot. haven’t really been paying attention to other cars though.

dachap13 2026-02-24 01:06

Not sure if it's been said (sorry, I only read through about 100 comments), but I feel like the massive dip in used prices experienced after Musk / DOGE blowback has been seeing a market correction as the hate for Musk has simmered down. Those that sold at that time were getting thousands (perhaps tens of thousands) less than they would have just a few months earlier. I bought my 2018 MS 100D with 90k miles for under $20k out the door in May (with help from the $3,500 tax credit) and that was very close to the rock bottom. I haven't checked what similar ones are selling for now, but I'm sure it's more. It makes sense that the used prices would rebound after the supply leveled out once the influx of supply had been sold down. I think the tax credit might have played a role for Tesla, but the rebound in pricing has much more to do with the cycle of massive numbers of used cars entering the marketplace over a short period of time (driving prices way down) and the time it took to sell through that influx (prices rebounded to "normal" levels).

Away-Scar7754 2026-02-24 01:17

https://preview.redd.it/shg9pmk0gclg1.jpeg?width=1320&format=pjpg&auto=webp&s=e6472135f4c20dd6ce109f6d371f1a88ae1e6de5 Looks like the price has bounced back a bit

dachap13 2026-02-24 01:37

That's actually lower than I thought it would be!

bwheels231 2026-02-24 02:19

My 22 m3p was 67k. It has 64k miles on it now and only thing replaced or repaired besides tires was the spoiler. Great car!

Hidavi 2026-02-24 03:20

Where? I'm seeing amazing deals on used Teslas lately.

Prithee_Delete_it 2026-02-24 08:08

mine says 24-26k with 70k miles i owe 24k still

Away-Scar7754 2026-02-24 11:11

I think there is still a ton of value to be found in used Teslas. The article states Tesla used car pricing is increasing while many other used EV brands are still declining in value. https://preview.redd.it/hskd1jc3eflg1.jpeg?width=1320&format=pjpg&auto=webp&s=b5b4e4e89d1c359312e13c7f5eb82bbed5218b18 Overall for the used car market, most analysts indicate values are projected to be stable to slightly higher, with some analysts predicting a 2–3% rise in average transaction prices in 2026. Probably because of high interest rates and high new-car prices. We have 5 cars in my household. 3 of them were bought when interest rates were really low - we are hanging onto them (2019, 2020, 2021 model years). One is a 2011 Volvo V50 I paid cash for in January for my 18-year old to drive, and the other is a ‘25 M3 I leased last April when the deals were great

Sellhomesfast 2026-02-24 15:35

The ex did qualify for a little bit of time last year. I guess two years ago now 2024 you had to get the base model with the base trim, but you were able to get FSD included with the tax credit.

Old_Presentation_477 2026-02-24 16:12

I transferred FSD from my 2023 m3lr

gvsd2020 2026-02-24 16:26

I would be willing to buy it from you if you are willing to

tomtendo 2026-02-24 16:30

Mine's back to $30.5K (2023 M3P)

greeny1greeny 2026-02-24 19:36

Just sold my model 3 performance it went up 7k

Travel29PCA 2026-02-25 00:11

Nothing has changed with the resale value of mine

EfficientMinimum5696 2026-02-25 01:22

Just wait a few months to a year and the model S and X will be back down. They are high due to the announcement of production ending at the moment.

aznhomosapien 2026-02-25 16:12

When I got the Model X in Nov 2023, it qualified for the tax credit. I ended up paying $72000 with the referral bonus (nearly 0% sales tax in Oregon)

Standard_Rest_8473 2026-02-26 02:58

I think people are buying Tesla for the FSD ability. I am in the market for a vehicle. I am looking at Tesla only because of its FSD technology.

brandont04 2026-02-26 03:42

You got it for 24k? Great deal.

jasonni1234 2026-02-26 03:44

I paid $55k.

sdinvest 2026-02-26 03:45

If you are not selling anytime soon, no reason to even think about it. :)

bittabet 2026-02-27 04:33

Hmm they offered me $27.5K for my 2024 MYP with 25K on it, so I guess the Performance is basically worth zero extra.

dryayo7816 2026-03-01 21:50

Yes carvana like 3 months ago was asking for my MYP 2025 32.000 Last month was 36,000 And three days ago Now they asking 38,000 And up

Away-Scar7754 2026-03-01 22:50

That is quite a jump. What are you going to do?

Away-Scar7754 2026-03-01 22:50

And not an S or X 🧐

dryayo7816 2026-03-02 01:01

I wanted to get a X But don’t have enough fund for that so I was looking for a used model x with hw4 But that was impossible as the price was 70 and up usually So I settle on the cybertruck for 59k But won’t get it into next year So I am not in the rush Waiting 🙃

kevtke194 2026-03-10 01:26

Just sold my 2023 MY AWD (HW4) for 30k to plug.vin. They are legit and give me 4k more for my car than Tesla offered me for a trade in.

Add comment

Login is required to comment.

Login with Google