Wed, June 11, 2025
Tue, June 10, 2025
Mon, June 9, 2025
Sun, June 8, 2025
Sat, June 7, 2025
Fri, June 6, 2025
Thu, June 5, 2025
Wed, June 4, 2025
Tue, June 3, 2025
Mon, June 2, 2025
Sun, June 1, 2025
Sat, May 31, 2025
Fri, May 30, 2025
Thu, May 29, 2025
Wed, May 28, 2025
Tue, May 27, 2025
Mon, May 26, 2025
Sun, May 25, 2025
Sat, May 24, 2025
Fri, May 23, 2025

People are buying up used Teslas as the average sale price dips


//automotive-transportation.news-articles.net/co .. -used-teslas-as-the-average-sale-price-dips.html
Published in Automotive and Transportation on by Insider   Print publication without navigation

Cox Automotive's director of industry insights told BI that while Tesla has led the EV market for several years, the brand is facing an aging lineup.

The demand for used Tesla vehicles has surged as their average sale price has decreased, making them more accessible to a broader range of buyers. According to a recent report by iSeeCars, the average price of a used Tesla dropped by 21.5% from June 2022 to June 2023, with the average price falling from $67,280 to $52,766. This price reduction is attributed to Tesla's price cuts on new vehicles earlier in the year, which subsequently impacted the used car market. The decline in prices has led to a significant increase in sales, with used Tesla sales rising by 4.1% over the same period, outpacing the overall used car market's growth of 3.6%. This trend indicates a growing interest in electric vehicles as they become more affordable.

Read the Full Insider Article at:
[ https://www.msn.com/en-us/autos/news/people-are-buying-up-used-teslas-as-the-average-sale-price-dips/ar-AA1Fn3GO ]

Publication Contributing Sources