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Tesla’s massive price cuts earlier this year put extreme downward pressure on the used EV market, which is dominated by Tesla EVs like the Model 3 and Model Y. “With Tesla cutting prices on ...
During the past year, the price of a used 2021 Tesla Model 3 sedan has dropped, on average, about 29%, going from $40,522 in January of 2023 to just $28,700 in January 2024, according to data from ...
Year: 2021 Mileage: 24,000 Price when new in 2021: £49,990 Price used in November 2024: £28,400 Claimed maximum range: 360 miles 0-62mph: 4.2 seconds Week five – software updates with Tesla ...
As Kelley Blue Book reported back in October, price cuts by Tesla in 2023 drove the EV market down more than 22% year-over-year in Sep. 2023, from $65,295 to $50,683.
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Ten models, including Infiniti QX80, Nissan Armada, Land Rover Discovery and Tesla Model 3, have fallen 16% or more, with the Model 3 price seeing the steepest drop — 21.5% since September 2022.