Used Tesla prices are dropping faster than other cars

Argentina Noticias Noticias

Used Tesla prices are dropping faster than other cars
Argentina Últimas Noticias,Argentina Titulares
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Now is a great time to buy a used Tesla

In July, the average used Model 3, S, X, or Y would have cost you $67,297. But by November, prices slid 17% to $55,754.after years of short supply, but not as sharply, dropping 4% over the same period, according to Edmunds data.

Teslas are also sitting on used-car lots for longer than other brands' vehicles: 50 days as opposed to 38 days, Edmunds said. Declining gas prices, competition from other brands, and high interest rates are all contributing to the dropping prices, Reuters reported. Used Teslas losing value could impact demand for the brand's new cars, Karl Brauer, executive editor at the car search engine iSeeCars.com told Reuters. People who bought new Teslas over the last couple of years could often flip them for a profit, Brauer said, but that's not possible anymore.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

BusinessInsider /  🏆 729. in US

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Tesla used car price bubble pops, weighs on new car demandTesla used car price bubble pops, weighs on new car demandTesla buyers who waited months for their new car have had an unusual choice for much of the past two years: keep the new electric vehicle, or sell it at a profit to someone with less patience.
Leer más »

Used Tesla Price Bubble Bursts Falling From Unusual Highs | CarscoopsUsed Tesla Price Bubble Bursts Falling From Unusual Highs | CarscoopsUsed Tesla Prices Are Falling From Unusual Highs | Carscoops carscoops
Leer más »

Tesla used-car market no longer as lucrative, data shows | Digital TrendsTesla used-car market no longer as lucrative, data shows | Digital TrendsFor a while a used Tesla has cost more than a new one, but recent developments have led to a fall in the resale value of the automaker's EVs.
Leer más »

Used Tesla prices drop nearly 20% as flippers can’t find buyersUsed Tesla prices drop nearly 20% as flippers can’t find buyersThe days of paying a premium for a used Tesla are seemingly in the rear-view mirror as demand for the pioneering electric vehicle plummets. The price of a used Tesla has plunged 17% in the past fiv…
Leer más »

Insider trading convictions over healthcare leaks are voided by U.S. appeals courtInsider trading convictions over healthcare leaks are voided by U.S. appeals courtA divided federal appeals court on Tuesday threw out the insider trading convictions of four defendants, including two former hedge fund partners, over leaks from a U.S. healthcare agency about planned changes to Medicare reimbursement rates.
Leer más »

Sonic the Hedgehog Creator Indicted Over Insider TradingSonic the Hedgehog Creator Indicted Over Insider TradingSonic creator Yuji Naka has been indicted in Japan following allegations of insider trading related to Square Enix's FinalFantasy franchise.
Leer más »



Render Time: 2025-04-03 21:29:49