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Running nearly 5 ‘thousand’, reselling the price is still 10,000 USD higher than when buying

The selling price of used Tesla electric vehicles is currently out of control, and some older models with more than 30,000 miles (48,000 km) are being sold for more than new cars.

This market has started to show signs of instability in the past 2 years. With vehicle production facing many difficulties due to supply chain disruptions, many people look to the used car market, pushing up prices for these models to an unusually high level. This is especially true for electric vehicles, which are often rarer than petrol cars.

Since last year, people have seen the price of used cars increase unreasonably. However, Tesla later increased the selling price of the new models, making this craze somewhat cooled down. Now, used car prices are on the rise again, and many used Tesla Model Ys or Model 3s are being sold for more than new cars.

For example, a 2020 Tesla Model Y with ODO at more than 30,000 miles (48,000 km) sells for $1,000 more than a new car with the same configuration. The only benefit is that you can get your car right away, instead of having to wait 6-9 months. Compared to the car’s selling price in 2020, the resale price is even higher by $6,000-10,000.

  Tesla electric car price chaos: Running nearly 5 thousand, reselling the price is still 10,000 USD higher than when buying - Photo 1.

A Tesla Model Y with more than 30,000 miles is resold for $1,000 more than a new car.

It is worth noting that these cars are all sold from Tesla, not a third party and the company is also the unit that almost holds the market share of used Tesla electric cars in the US. However, it should also be noted that with these cars, Tesla has added the Full Self-Driving package, which makes the price of the car somewhat pushed up.

According to recent reports, Tesla has changed its policy towards car hirers. Accordingly, they do not allow users to buy the rented car immediately after the lease term ends. This also helps the company’s used car source become more abundant.

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