"Used Tesla values slump"

[smokie]

Tesla prices are in free fall as latest used car data shows huge drops in value

Used Tesla values have begun to freefall with one of its models losing a FIFTH of its value in just 12 months. Values of the popular electric cars are in

cardealermagazine.co.uk

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.

 

[petercoupe]

Tesla prices are in free fall as latest used car data shows huge drops in value

Used Tesla values have begun to freefall with one of its models losing a FIFTH of its value in just 12 months. Values of the popular electric cars are in

cardealermagazine.co.uk

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.

 

[5teep]

I think it's partly because Tesla have dropped their prices by as much as 27% for a new car.

 

[Cocijo]

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?

 

[Deleted member 6309]

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?

Read the article it gets a mention.

 

[N2STY]

I got a work email new ones are very cheap on lease with insurance and maintenance including tyres

 

[BarryH]

The impact of Tesla Price cut has had a global knock on effect but will MG Prices be slashed too?

 

[Deleted member 6309]

The impact of Tesla Price cut has had a global knock on effect but will MG Prices be slashed too?

There's an hour I can keep for myself ?

 

[fatboyfat1981]

I got a work email new ones are very cheap on lease with insurance and maintenance including tyres
View attachment 14617

If I didn’t think Musk was a <redacted> thats a cracking deal

 

[smokie]

I expect if he saw your profile pic he'd think you were a <redacted> too!! LOL

 

[BarryH]

There's an hour I can keep for myself ?

The feature is just 5 minutes if that and the link I gave was to the specific time so you can keep the hour but also be informed

 

[Deleted member 6309]

The feature is just 5 minutes if that and the link I gave was to the specific time so you can keep the hour but also be informed

Still 52:41 long
Or was I sposed to know when the relevance finished ????‍

 

[BarryH]

Still 52:41 long
Or was I sposed to know when the relevance finished ????‍

Exactly my point

 

[Deleted member 6309]

Exactly my point

Well made? ??‍