May 16, 2024
3:15:42pm
insanobueno Playmaker
Is the big drop in used Tesla prices over? (Model Y)
I'm looking at used Model Y Teslas, preferably the 7 seat option (2021-2023). The price drop in new Teslas along with the tax deduction seems to have driven the used price much lower over the last year. Is this expected to continue or has it now been accepted by the market with expectations for normal car depreciation from here? I'm fine waiting another 2-3 months if it means saving a lot more.

Since the 7-seat option was released in 2021, I'm also wondering if the availability of leased vehicles could drive up supply and decrease the price even faster this year.

Basically, I'm good taking normal depreciation but happy to wait a few months if it means saving another $5-7k
insanobueno
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insanobueno
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May 31, 2024
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