USA: Prices for used Teslas are falling - contrary to the market trend

While in the USA the prices for used cars are generally rising, the prices for used Teslas continue to decline. According to the e-car portal Electrek, used Tesla models now on average cost less than a typical used car – a significant break with previous trends.

 

Used car market up – Tesla down

As recently as 2024, the prices for used Teslas followed the general market trend. But since the used car market recovered in March 2025, the upward momentum for Tesla has been absent. Instead, prices continued to fall.

According to data from CarGurus, the current average price for used Teslas is around 23,917 euros – below the market average of about 24,113 euros. This means: –4.59% year-on-year for Tesla, while the overall market shows an increase of 1.22%.

All models cheaper – Cybertruck with largest price drop

The Cybertruck is particularly affected, with used prices falling by around 30% within a year. Although there has been a slight recovery in recent months – similar to the Model 3 – the level is still far below last year.

The other models at a glance:

• Model S: –22.6% year-on-year

• Model X: –16.8%

• Model Y: –11.9%

• Cybertruck: –30%

• Model 3: slight decline, recently showing signs of stabilization

 

Current average prices:

• Cybertruck: approx. 72,209 €

• Model 3: approx. 20,052 €

• Model S: approx. 22,819 €

• Model X: approx. 32,457 €

 

Reasons for the price decline

Several factors are affecting the used market for Teslas:

1. Brand switch: Many owners have sold their Teslas and switched to other manufacturers – partly to consciously distance themselves from the image surrounding Elon Musk.

2. High supply density: More available vehicles are further driving down prices.

3. Image loss: Despite modern technology, the brand has lost reputation over the past twelve months.

 

Short-term outlook

Monthly changes remain mostly minor, often slightly negative. Especially the Model S lost over 5% in the last month alone.

of its value. Even in the 90-day comparison, many models show significant declines.

The situation is remarkable because used Teslas have so far been considered value-stable. Whether the market will soon stabilize depends on several factors:

• Sales of new models

• Pricing strategy for new cars

• General economic situation

Currently, however, it looks like used Teslas have temporarily lost their price advantage over other brands.