Average Price Of A Used Tesla Tumbles For 18 Straight Months

So, I came across this super interesting article on Teslas the other day. I mean, who doesn’t love a sweet electric car, right? Anyways, the article was all about how the average price of a used Tesla has been dropping for a whopping 18 months straight. It definitely got my attention!

Basically, the main point is that if you’ve been dreaming of owning a Tesla but thought it was way out of your price range, well, it might just be time to jump on the bandwagon. According to the article, the average price of a used Tesla has been on a steady decline. That means you may be able to snag a sleek Model S or a zippy Model 3 for a lot less moolah than before.

Now, I don’t know about you, but I’ve always thought Teslas were pretty cool. The idea of zooming around town without having to fill up on gas sounds like a dream. And let’s not forget about the whole eco-friendly aspect too. I mean, saving the planet while cruising in style? Sign me up!

From what I gather, there are a few factors that might be contributing to this drop in prices. For one, it seems like more and more people are trading in their Teslas for the latest models. With all the buzz around new releases, it’s not surprising that some folks would want to upgrade. And hey, that means a surplus of used Teslas on the market, which can drive down the price.

On top of that, there’s also the federal tax credit to consider. You see, when you buy a brand new Tesla, you can get a pretty hefty tax credit from the government. But when you buy a used one, that tax credit goes bye-bye. So, it’s only natural that people might be more inclined to buy new to take advantage of that sweet incentive. Hence, used Teslas aren’t as in demand, and prices take a tumble.

In conclusion, the average price of a used Tesla has been dropping like crazy for the past year and a half. It’s an exciting time for anyone who’s been eyeing these futuristic vehicles but thought they were out of reach. With more used Teslas on the market and the absence of a federal tax credit for buyers, you might just be able to get your hands on one without breaking the bank. And who knows, maybe we’ll all be driving around in sleek electric cars sooner than we think!