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"Used Tesla values slump"

smokie

Prominent Member
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Sep 9, 2021
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Location
Wokingham, UK
Driving
MG5

Glad to see my MG5 isn't in the EV depreciation top 10, which looks like this.

  1. Tesla Model 3 -23%
  2. Tesla Model S -22%
  3. Audi e-Tron -15%
  4. Jaguar I-Pace -14%
  5. Tesla Model X -13%
  6. Mercedes EQC -13%
  7. Smart ForFour Electric -10%
  8. Audi e-Tron Sportback -9%
  9. BMW i3 -8%
  10. Renault Zoe -8%
They say in general cars have depreciated 2.2% in the same period (based on a 1 year old car with 10k miles).

Of course, it was true a few months back that (at least some) EVs were selling at a premium - a few months back mine was supposedly worth more than I paid for it 10 months previously.
 

Glad to see my MG5 isn't in the EV depreciation top 10, which looks like this.

  1. Tesla Model 3 -23%
  2. Tesla Model S -22%
  3. Audi e-Tron -15%
  4. Jaguar I-Pace -14%
  5. Tesla Model X -13%
  6. Mercedes EQC -13%
  7. Smart ForFour Electric -10%
  8. Audi e-Tron Sportback -9%
  9. BMW i3 -8%
  10. Renault Zoe -8%
They say in general cars have depreciated 2.2% in the same period (based on a 1 year old car with 10k miles).

Of course, it was true a few months back that (at least some) EVs were selling at a premium - a few months back mine was supposedly worth more than I paid for it 10 months previously.
The Tesla gets a bit of bad press in the WHICH? Report too - as an unreliable car.
Not the worst, by any means, but 38% of owners reported a fault in the first year of ownership.
 
I think it's partly because Tesla have dropped their prices by as much as 27% for a new car.

 
The used bubble has to burst sometime. Interesting that there’s no Tesla model Y on that list, even though it has been subject to a price cut. Too new I guess?
 
I got a work email new ones are very cheap on lease with insurance and maintenance including tyres
Screenshot_20230120-003410.png
 
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