A man who a few years ago $ 140,000 for one Tesla Model S Spent was completely shocked when he discovered how much the vehicle is worth today.
Kyle Connerthe electric vehicle from Tesla Only bought two years ago, his frustration on social media shared after he found that his car is only worth $ 46,000 today.
Although it is true that new cars tend to lose significantly over the years, especially taking into account mileage and natural wear, it is still a loss of value of almost $ 100,000.
Stuart MassonEditor at The Car Expertsaid opposite LADbiblethat practically every car in the first year loses “up to 35 percent of its value”, since you don’t just pay for the car when buying a car.
According to Masson, you also pay the dealers and all other service costs in connection with the delivery of the vehicle, so that a large part of the value is lost as soon as you pick up the car from the dealer.
In the case of Teslas If he explained that they lost more than some other vehicle types, since they became “victims of their own success” on the market for electric vehicles, since they were by far the best -selling models ”.
In a classic case of “supply vs. demand”, the sale of many vehicles means that there is much more to resale, which lowers the value of each individual vehicle, since buyers of used cars have more options for price comparison.
On the other hand stands Tesla Even a greater challenge by other automobile manufacturers who managed to launch their own models, such as the Chinese company BYD, one of the greatest competitors of Tesla On the current market for electric vehicles.
According to the Masson Tesla A few years ago, very successful, while other manufacturers were still trying to integrate electric cars into their portfolios. Today has Tesla his leading position completely lost because practically every manufacturer offers 100 % electrical models.
And that’s why the prices for electric vehicles generally fall because the manufacturers optimize their processes and the production of the vehicles is becoming increasingly cheaper. All of this explains the significant loss of value of Kyles Tesla. Nevertheless, it hurts in the heart.
Photo and video: Unsplash / X @itskyleconner. This content was created with the help of AI and checked by the editorial team.
depreciation pic.twitter.com/3wZ0I9usYK
— Kyle Conner (@itskyleconner) October 27, 2024