Tesla used car prices keep plumetting, dips below average used car

But I thought it was an appreciating asset!

Not sure why you would buy trash and expect it to improve…. Must have missed that in my Econ classes.

And the stock keeps going up. What madness

save on gas, still have to pay electricity and pay for accelerated depreciation what a joke

It goes because today is option expiry day. Somebody bought a lot of options and cheats the market. It is NOT because investors believe in Tesla BS

Right I do not want a car that goes 80% of the range it had when it was new

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And then spend upwards of 20k on a new battery! It's a bigger money pit than a boat!

Yup... Mine is picking up and driving people around on Uber making me so much money! Can't believe anyone is actually selling theirs!

I feel like its also market manipulation for the sake of technical analysis. Its like the saudi's are single-handedly creating an upward breakout from the current consolidation. Also feels like Elon himself is holding back headlines to release at perfect times like today. God knows the fundamentals are garbage, so its all they have left.

If that was the reason you bought a Tesla…shame on you lmfao. I’d like to also sell you this 10 thousand dollar pen, the ink is blue and it’s an appreciating asset hahahah

Maga coworker of mine just took out a loan to buy a Tesla, lost his job for getting too political at work, and now gets to experience the rapid loss in value as he tries to unload it without losing more than a few thousand. Brutal

The problem for Teslas in general is that they are associated with Elon, and Elon actively worked to destroy everything good about the federal government on behalf of a fascist while throwing Nazi salutes and tweeting racist shit. In other words, *people don't want to be associated with Elon.* The car *itself* is fine: if I'm being objective, it's a better choice to replace my Bolt than pretty much anything else (I'd say Hyundai Ioniq5 but ICCU issue and lack of route planning). But at some point, prices will dip low enough that people will buy anyway. Even me, probably, and I loathe Elon with the fire of a thousand suns.

I mean, it’s the same as when it was new, Tesla likes to fib about range.

Meme stock

Possibly the case. Or a hedge fund plays with patterns and people’s money.

Lower prices for poor quality cars with a bag of molded peckers of a "owner".

Lower prices for poor quality cars with a bag of molded peckers grifting "owner".

The value of the US dollar is also declining.

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Tesla is a US company (most of sales is in US), and is in trouble no matter in what currency you value it

Article is a scam. Elmo told me my car will appreciate

I bet tesla will be one of the lasts to finally fix those issues too.

Musk admit that tesla has issues? Definitely not going to happen. He will just scream about AI till all his fanboys forget that tesla vehicles are still living in 2015.

Cars usually depreciate, more deals for me 😋😋

Eventually the stock will crater just like Enron stock did.

Jared Birchall quietly setting billions on fire from the home office buying calls trying to outdo Bill Hwang.

Don’t forget sky high insurance rates. EVs are expensive to insure. I know, I have two…

And now, as he likely claims, he IS the victim.

I think the second hand EV market still has to prove itself to people. There's a lot of doubt about battery life degrading and big maintenance costs. A lot of these doubts will go away with time. Slow and fast charging has seen a big uptick in my area. Pretty much any place I need to be will have options available within 100m. People are not picking up these great deals on second hand cars. Now, I wouldn't advise anyone to get a Tesla. But there are leases expiring pretty much every day for lots of brands. Get em while they're cheap.

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Careful… someone posted on here last week about what a shitbox her used Tesla was. They wouldn’t let her inspect or even test drive the car before hand and she deeply regretted the pice of crap they foisted on her.

Or high repair costs and long wait times since there are relatively few 3rd party shops so it has to be done at a SC

Dream on buddy

While I agree, you now have to deal with garbage service from 2nd rate employees that aren’t there for the original stated mission, are willing to work for a POS CEO, don’t care about the company, and are probably just there to collect a paycheck. This leads to a horrible experience. 7 years ago when I bought my first Tesla the company had people working for it that really believed in the company and treated you like you were a part of the club usually with decent customer service. Older teslas have a ton of small issues, nothing major like batteries or motors, but by all measures they are built cheaply and aren’t that robust. I’m talking suspension, fans, rattles, squeeks, etc. I guess if you buy a lightly used Tesla for 10k it might be worth it since you are comparing it to the price of 1990s Corolla. Although if it does have a major issue like a battery or motors it’s most likely going to the scrap yard.

Why, seems like the leopards are having a snack on your coworker right now. Being political at work is always a losing play. Next is proselytizing your coworkers.

Only the Car is driving Uber /s

Imagine if new Tesla sales cease and used Teslas become worthless - the stock will soar to infinity and beyond.

I would never buy a Tesla but I love EV vehicles, how they respond.  But without your own garage to charge them, it's not an option. Not right now.

What?

Free market principles are woke :/

Stock price bears zero relationship to potential future sales. FSD and Robots? Neither of them work, and at least for the robots, there is no practical application for a limited dexterity, dumb, humanoid robot. Great party trick though. Robots will have less utility than a cybertruck. Seen sales figures on those lately?

I appreciate that the value is declining.

> There's a lot of doubt about battery life degrading and big maintenance costs. And that’s a big area where the idea of Tesla being identical with EVs will ultimately hurt EV adoption in the long run.

Location dependent. Mine and my wife’s EVs are no more than our last cars.

Oh, I meant that US indices will be rising because the dollar is weaker. I think...

I believe “To the moon” is the preferred nomenclature.

But wait more much more

There is a reason all those 90s corollas are still on the road. It's a well engineered car with a company behind it that actually wants to make their vehicles usable long term. Ceterus paribus, I'd choose a carolla over a model 3

The only reason I keep mine is 'dog mode.' it makes so much sense for pet owners who go places with their canine relatives.

Full Self Declining

Consequently, horse prices are going up! LOL.

Who is out here shelling $20k for a new battery?? The federally mandated EV propulsion warranty is like 8 years, 100k miles. If you're driving a Tesla (or any EV for that matter) outside that warranty...yeah, that's on you.

Spelling keeps plummeting, way below industry average.....

It was in 2021. Sold my Model Y for a profit. Those were the days!

He is absolutely right and Enron2.0 = Tesla

The way things are going it's going to be cheaper to buy the car 2nd hand than a share of the stock.

The Tesla diner reminds me of when Enron started, Enron Broadband. Lol.

Is fElon looking for more flight attendants? ;)

So then why the eff does the stock keep sky rocketing?

How do you know this?

Try the Cadillac Optiq. I like it much more than my Model 3 or Model Y. The Teslas are outdated and the competition has surpassed Tesla’s 6+ year old designs.

It’s more complicated than you make it. In your situation it may not be an option. For my son, he has access to a charger his office installed. So it’s a no brainer charging at work and using high speed chargers when needed. Before you wonder how many employers provide these - more than you think. My son works for a small company and has access to chargers and my wife works for a large company and has access to chargers too. Neither needs to charge at home, although there is that option.

You couldn't pay me to drive one of these.

I wouldn't say that. There are plenty of people with a middle class income that own a house that would love a cheap EV, maybe not a tesla, but I wouldn't be at all surprised if some people were picking up used Evs in the low 20ks range that have houses to charge at. That being said, EV buyers that dont care about politics might still think twice about buying a tesla when they see how much depreciation happens in the used market

I don’t even want one. But it’s hard to justify something else.

To Mars. Nobody cares about the moon.

1.High OI of options expiring today (monthly expiration day). You can check it yourself. 2. Low and not growing Tesla ownership by LT investors (open data) 3. Terrible quarterly results, mounting evidence that Robotaxi is viable, track record of overpromisses and underdelivery

1.High OI of options expiring today (monthly expiration day). You can check it yourself. 2. Low and not growing Tesla ownership by LT investors (open data) 3. Terrible quarterly results, mounting evidence that Robotaxi is not viable as is, track record of overpromisses and underdelivery

Check this article out: https://fortune.com/2025/08/01/artificial-stupidity-ai-trading-stock-market-behaviors-price-fixing-collusion-wharton-study/

Because it's safe to assume that any second hand Tesla will need a battery replacement soon, adding 20k to the cost of the vehicle.

I doubt this will make the stock move down. I had a bunch of puts that got annihilated this week. Im gonna be stepping away from trading for a while. The manipulation here is getting too heavy.

Planned obsolence and selling a new car again in 8 years or getting a new lease in 3 isn’t a terrible concept. It got blown up by stagflation and the Japanese but my grandparents got a new car every 2-3 years and the old one wasn’t worth crap when traded in

Nobody knows but it will tank sooner later if Tesla continues underdelivering

You would think but shady players now own the stock market. The stocks that do good don't go up and stocks that are shit in fundamentals [couch cough Apple and such] take off to new highs. It makes absolutely no sense and its frustrating to say the least.

Still seems to high a price.

I thought the military was buying them to use as targets

"At this point, I think I know more about manufacturing than anyone currently alive on Earth," same fascist enabling, white supremacist, pedophile supporting walking dunning Kruger effect of your typical Silicon Valley Billionaire

That’d be me. I’ve never spent over $15k on a car but just bought a used ev for 22k. Household income of 165k in MCOL city with house but no garage. 48a 230v charger at home.

Cybertruck up, but Model Y down? Why is there increasing demand for used Cybertrucks?

I just looked it up. Within the last three days, Tesla‘s market cap has grown by more than BMW‘s market cap. And if you are wondering, BMW has a higher revenue than Tesla. That might give you a feeling on how far detached Tesla is from reality…

The one upside of Covid supply restraints. I traded my car in for about 40% more than it was worth the year before. It wasn't a Tesla but it did make buying my Kia EV6 a lot more affordable at the time.

Way to miss the point

Giving mine to charity when my wife lets me. Fuck this nazimobile.

I will say the ICCU issue is massively overblown as long as the car is still in warranty it will get replaced and most places the turn around is getting quicker. It varies by location of course so check out your location. But im 3 years into owning its twin under the skin the Kia EV6 and following the EV6 sub. I know when mine had its recalls done they had spare ICCUs on hand at the dealership but mine was just a software update and the ICCU was fine. But it would have taken the time to do the recall from about an hour to a full day. There are also plenty of EVs on the market now that are neither an E-GMP nor a Tesla. Being based in Australia though I mainly know the Chinese carmakers because they supply the bulk of our options and thats not useful information to give you if your in the USA or Europe where other options exist we dont get and you dont get some of our options.

At least where I live Teslas are expensive to insure but most EVs are similar in procing to ICE vehicles. That said insurance prices suck on everything here now. Im paying about AU$3k a year to insure my EV6 for an agreed value of AU$92k ( started at AU$100k new) full comprehensive and the vehicle i traded in for a 2015 Toyota Landcruiser Prado cost me $3k a year to insure for an agreed value of $50k. If anything im ahead because it has gone up as much as general insurance inflation locally. Some of the numbers i have seen on Teslas though are frightening. Due to a lack of repairability.

>They wouldn’t let her inspect or even test drive the car before hand That's not a red flag when buying a used car. Its a massive red bedsheet waving in a gale.

Oh No, they were actually saying "we appreciate your assets."

>Tesla is still regarded as a premium brand in the industry. Why? Is the word "premium" being used in an unusual way? Teslas seem to be expensive but of poor quality, and their customer support also seems very poor. If I was in the market for a used car there's no way I would consider a Tesla unless it was really cheap.

Aren't all used EVs below average on pricing?

The question is… are these prices reflected on Tesla’s own website

I just bought an off-lease Mach-E GT Performance with 38k on it that stickered for $73k+ for $29k in nearly pristine condition. I did a five year TCO analysis against a paid off Volvo V60 and I'll come out $4k AHEAD even including the payment. Fuel costs and lack of maintenance is just soooooo much cheaper.

It's largely the reputation it inherited back when they only made the S and X. They had the usual luxury car touches like full leather dash, alcantara headliner, air suspension, and so on. The 3 and Y were designed to be much cheaper, but launched when Tesla's reputation was still half decent.

To bad the Ketamine Fiend and Orange Epstein gutted education.

Probably cuz the prices for them are down 30% YoY, even if they are slightly up recently

This article is biased. It refers to Tesla as a “Premium” brand. What a joke!! Tesla’s are overpriced and not a good value. No way they are “Premium.”

Tesla is paying way too high for trade-ins just so that you will buy another Tesla to boost their sales.  As for the traded in car, they just dump to used market in a minute, they don't care how much they lose as long as sales are high. They have been doing this for a few years.

Until someone gets laid off. Then you have no job and no car.

Same, and my Tesla Robot services, vacumms and cleans it. It's a license to print money, I'm now so rich I've started investing in collecting WW2 memorabilia. I now have quite the collection Of SS and Gestapo insignia. Thanks Elon for making my dreams possible! PS: My child had lukemia, but we cured that thanks to Tesla and xAI's Dojo chip. It computed the cause and treatment in seconds. Turns out it was caused by too much consumption of liberal media and values.

You would actually have plenty of time to charge anywhere if you are laid off - so that’s not an issue. As for losing the car wouldn’t that be true if it were an ice vehicle or electric? Would not matter to the bank at all - either you make the payments or your don’t.

Even with that the cost of a CPO VW ID.4 is still way cheaper than an equivalent Model 3 and much cheaper than a Model Y. I just went through the car buying process.

It was a joke. A joke is something said or done for amusement or to elicit laughter.

My take: there were some other news in parallel yesterday. TSLA apparently received a permit for driverless taxi service in Texas. Also, in California now they posted the first rides in their taxi service. Don‘t shoot me, not saying this justifies the pump, but combined with the meme behavior at least there is some explanation from buying those rumors.

That is actually an interesting take: it indeed looks like that TSLA is quite talented at releasing the right headlines at the right times to counter bad news. It‘s all about the narrative that they don‘t need their car business anymore. Risky play to bet the whole 1t$ company on the robotaxi business. Remains to be proven if those profits can grow fast enough to offset the drop in car profits and cancellation of tax and carbon subsidies.

Concerning, thanks for the read!

He also told you that you can SW upgrade it to a robotaxi and farm it out to earn 200k/year for you. Right? Unfortunately, we moved on from this and now all you get is shiny Grok AI landscapes on Mars.

I am old enough to remember that Musk claimed this: All Teslas equipped with FSD would appreciate in value and be worth six figures (measured in USD) soon. That was back in 2019. He is a compulsive liar! Just more evidence. Why do investors still buy Tesla shares? Puzzling to me. They don’t do their homework. The CEO lied for years about milestones and progress. I wouldn’t touch Tesla shares before he resigns (which is probably never). But maybe the whole company is rotten to the core…

Right sub wrong data

Yes, you are correct. Taxi service in Taxes, as a base for further expansion, possibly contributed to the positive sentiment yesterday.

Is Tesla selling a line of vacuum cleaners yet? I think Tesla is fully capable of producing a vacuum cleaner that doesn't suck.

Monthly expiration is next week, but my guess is the same as yours, maybe someone bought calls or Elon himself is pumping the stock so he can unload his 29 billions later at a higher price

Not necessarily. I just bought a ‘21 M3 that still has 4 years and 100k kms of manufacturer warranty on the original battery. The simple fact that the battery is warrantied to 8 years / 160k kms means that Tesla has good reason to believe that the majority of cars will easily exceed that. Also, that warranty is not just for battery failure, but also for degradation below 70%, so I should have a good expectation that the battery in my car should be perfectly fine for quite some time now.

According to this, it's definitely rotten to the core. https://www.reddit.com/r/RealTesla/comments/1mlbemu/brawls_racism_and_cocaine_lawsuit_reveals_life/

While Al Root jerks off in the corner.

>when my wife lets me Bizarre. Does she support nazis?

Surprising that carmax and carvana normally give you a couple thousand more than Tesla for a used vehicle. Only the lazy trade in at Tesla for another Tesla.

After doing some comparisons it seemed to me that Tesla holds their value better than other EVs. That was only based off looking at the market when wanting a used EV and having a spreadsheet of MSRP with options and used price and how much depreciation the car had.

We just purchased a model 3 - it’s nice with no issues so far. No complaints. To be honest depreciation did not factor into buying a Tesla or not. My wife will drive the car for 8+ years (just like she did for the last couple). Articles like what is shown in this thread are meaningless. All cars depreciate - enough

Frankly I can’t understand why she bought the car at all. The price was good but it wasn’t THAT good.

When your Nahtsee ceo is so unpopular that he even killed the used market.

Not that I know of .... but she does like her 2017 S100D. At she does "stick it to the man" a little bit with every free supercharging. It's her car, so she's gotta buy into giving it away. :)

Nice. I've pimped out my Tesla robot. Bunch of johns at nearby motels willing to drop $100 for a night with it. My Tesla drives it around town and Grok handles the bookings and payments.

Some people prefer the "ease" of doing both in one deal. What I have to say is American's spending behavior is on the opposite of saving.

This is why we don't want to encourage people to buy used Tesla. The more Tesla depreciates the more it impacts new Tesla sales for those without a moral compass.

The point is that they are depreciating faster than other cars. It is an indicator of brand damage or declining sales. That is not meaningless information.

Not sure what is going on with tesla but this happens all the time in gold and silver which I trade futures in The banks sell options. The price of gold/silver goes up. the options expire at end of month. As the month comes to a close the price generally goes down making the options expire worthless. The banks then let the price rise in the beginning of the month and sell more options and repeat I now generally buy my spec positions in the beginning of the month and sell a week before expiration. This strategy has worked well for me

No way I would buy one..but then I already bought a brand new Toyota before the tariffs kicked in.

Batteries need to be replaced as often as engines need to be rebuilt. It just doesn’t happen that often

Battery degradation is a way overblown issue. Same with battery range in general. The used EV market has excellent deals right now. These cars require little maintenance, so you don’t even need to worry about if the prior owners changed oil or whatever.

Ahh yeah. All I had to do to get rid of mine was find a good old tube TV, tune it to Fox News, remove the glass and stand in front of it for 4-6 hours a day. Can’t have skin cancer when your skin falls off! Thanks Elon!

You'll be surprised how many Tesla owners think their car is a premium/luxury car.

You have to make some profit before you can grow profits! Also they need a product which works before they get anywhere near making a profit.

Those folks are the unknowing who simply think their Tesla must be “Premium” due to the high price they paid for their Tesla.

MAPA member

Is anyone still thinking Tesla is a luxury brand ?

I feel like the TSLA stock will have it's own crypto crash when whales dump their stock. This stock is really a meme stock...

Probably. Al Root is back to pumping out technical analysis articles because he has nothing else to write about. Its pretty crazy to watch a mag 7 stock get pumped on bullshit headlines, nonstop by 1 single dude at Barron's. Makes me want to take a shower.

Let's see..Charge a person 17K to replace a battery with a old refurbished battery then take that battery so called bad battey, run tests, find out its not that bad, maybe change a cell then sell it again for 17K. Genius for not doing battery swaps.

No surprise, Tesla is rotten to the core - and many key executives left in 2025.

I am sure that Tesla's 2.5% failure rate before warranty doesn't include battery fires and everything they can avoid responsibility for. Anyway, checking US car statistics it seems EV batteries need replacement sooner and more regularly than ICE vehicles 2.5%/180.000 miles vs 1.5%/250.000 miles.

So hardy ever. Chances are, most people will never need to worry about it.

a 20-year-old ICE still works, a 20-year-old battery doesn't. That's why the warranty is important because those numbers are for new vehicles, secondhand EVs have much higher failure rates. But if you don't care for it, I hope you have to replace your battery every 40.000 miles just because "people will never need to worry about it"

I don't know why you're getting so upset. I'm just saying that battery failure worries are way overblown. 2.5% over 180K miles is not much worse than 1.5%/250K miles. I've never owned a car with 180K miles on it. If I did and was in the unlucky 2.5% who needed a battery replacement, I'd say that's a pretty good run. Battery failure is rare enough that it shouldn't even come into consideration when choosing an EV over ICE.

Damn. So much for the Tesla as a status symbol.

Finally one actual answer in this sub, seems like everyone is biased/just a Tesla hater.