Tesla model 3 resale value reddit They have less resale value now because tesla keeps making so many more of them (increasing supply), but lowering prices is part of the 1-2 bunch. I’m sure the people who bought Model Y in 2022 for $60-70k think it’s outrageous depreciation, but considering how low the current new Oct 15, 2024 · While we just have long-term figures for the Model S and Model X, Tesla's success bodes well for current (no pun intended) and future Tesla models. 4%) drop. Plus, for some consumers, an additional $4,000 Federal tax credit on used Jun 14, 2025 · If you're keen on considering a new Model 3, but are unsure about how much it will be worth in the next five years, this feature will dive into everything you need to know about the compact Nov 5, 2024 · Whether you’re considering purchasing one or simply curious about its long-term worth, knowing how the Model 3 holds up over time is crucial. By 2025, there should be many brands offering crossover EVs with 300+ mile range, so someone buying your car will be considering the value of a used Tesla versus the value of a brand new car that will likely be obtainable within that $30-40k price point. Aug 18, 2024 · Hi everyone! Would love your input on my situation - my current vehicle is on the last legs and looking to get into a Tesla. Those of us that have been driving for at least two years know that cars dramatically drop in value practically immediately. 5k after tax credit) and $29k for a 4 year old car that’s now $49k new ($41. Meanwhile, Slye has a 2018 Model 3 with Full Self-Driving that cost him $58,000. Not sure why you’re so surprised. Why would someone buy your Tesla for 40k if they can get a new one for 35-36k after credit, or they can go buy an older model 3 with 30-40k miles for less than 30k and still have a LOT of warranty left. I wouldn't worry about not being able to sell it, the RWD is the cheapest entry into the Tesla ecosystem and really is 90% of the car for 75% of the money. Which color should I choose? Share Add a Comment Sort by: Best Open comment sort options [deleted] • Comment deleted by user Reply reply SoCali2121 • Both color CarMax provides offers to thousands of cars a week. Even the Model 3, the American-market EV with the lowest average value loss, depreciates 10. $29k for a 3 year old car that’s now $44k new ($36. Jan 1, 2022 · Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More. Aug 18, 2018 · I finally put my trade in info (2018 Model 3 tesla dual motor with fsd) due to my impending model Y delivery, and the trade in value that i got back in 24 hours was sobering. [Another example,] model 3 SR priced at $37k which is probably 2k short of what a new one would cost, with no tax credit. I’m considering the new model 3. How has your ownership experience been? Share your stories, and any advice you have for others considering keeping their Tesla long-term. According to a recent Forbes report, Tesla owners are grappling with a steep 27% year-over-year drop in resale value, making now a challenging time to sell but a potential opportunity 28 votes, 35 comments. trueI have! TLDR - $13k diminished value, settled for $6k out of court after filing a small claims suit. If you plan on keeping this car for 10 years plus, or are OCD…then yes. They produce vertically integrated Jun 10, 2023 · There are things to consider when choosing the color of your Model 3, such as maintenance of the color, to the cost of the color option and if you are wanting to sell your Tesla you have to consider the resale value because different colors have different costs. Apr 6, 2016 · Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More. I know that I’d like white seats, and I’ll be adding on the black roof rack/cross bars. Resale value on Teslas is approx 50%+ after 3 years/50k miles based on Tesla’s own (now discontinued) buyback guarantee. In fact, the best years to buy a used Model 3 are 2020 through 2022, offering a sweet spot of range, features, and resale value. How much does it lose its value after a certain amount of distance & time? What's the best price to buy an used tesla model 3? Today on Critical Materials: Used Tesla values are dropping, BYD has a new ultra-fast megawatt EV charger, and Nissan's former CEO says Elon Musk could fix it. truesee Tesla's website, but you can also find this in the private market. It also assumes a selling price of $51,380 when new. While we just have long-term figures for the Model S and Model X, Tesla's success bodes well for current (no pun intended) and future Tesla models. May 6, 2025 · You might think that buying a used Tesla Model 3 is a no-brainer, but the truth is, not all models are created equal. 179K subscribers in the TeslaModel3 community. However, I don't have a good feeling about getting a good resale price in 6 - 8 years. Looking into the future (2026) I’m hoping to either get the new midsize rivian or Tesla Model Y juniper Currently I’m able to buy a 2024 Tesla Model 3 LR RWD for $30k Aug 3, 2021 · In fact, data indicate that the Tesla Model 3 can retain its resale value over 5 times better than all other electric cars and about 4 times better than all cars in general. zctlmn cksczt dke qbco mihpr wkrol jhpf iyghgl yvenzy jfshg hxj anrfioc rwfcpdi nhdibom zmvp