Zoidz
Well-Known Member
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Gizmodo
"According to new data from the auto marketplace CarGurus, the average price of a used Cybertruck has plunged a staggering 30.35% in the last year, now hovering around $84,027. This dizzying drop for what was once one of the most anticipated vehicles in history is a major blow for Musk, confirming that the Cybertruck has failed to find a mainstream audience.
The collapse in the used market mirrors its disastrous performance in the new market. In the second quarter of this year, Tesla sold only 4,306 Cybertrucks, a 50.8% decrease compared to the same period in 2024, according to data from Cox Automotive Kelley Blue Book.
The Cybertruck’s failure is the leading edge of a much larger problem for the company. The same CarGurus data reveals that used Tesla prices as a whole have now plummeted below the average for the entire U.S. used car market.
As of early August, the average price for all used vehicles in the U.S. was $28,048. The average price of a used Tesla was just $27,852, down a steep 14% year-over-year. "
"According to new data from the auto marketplace CarGurus, the average price of a used Cybertruck has plunged a staggering 30.35% in the last year, now hovering around $84,027. This dizzying drop for what was once one of the most anticipated vehicles in history is a major blow for Musk, confirming that the Cybertruck has failed to find a mainstream audience.
The collapse in the used market mirrors its disastrous performance in the new market. In the second quarter of this year, Tesla sold only 4,306 Cybertrucks, a 50.8% decrease compared to the same period in 2024, according to data from Cox Automotive Kelley Blue Book.
The Cybertruck’s failure is the leading edge of a much larger problem for the company. The same CarGurus data reveals that used Tesla prices as a whole have now plummeted below the average for the entire U.S. used car market.
As of early August, the average price for all used vehicles in the U.S. was $28,048. The average price of a used Tesla was just $27,852, down a steep 14% year-over-year. "
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