Tesla Model 3 leads with a 21.5% plunge in the last six months.
An iSeeCars.com study looked at more than 1.8 million used-car sales between February 2022 and February 2023 to track prices and identify which models had the largest price drops and gains.
Turns out the Tesla Model 3 had the biggest price drop in the past six months—down 21.5%—while the average used car is down only 4.7%, according to the study.in the US have finally taken a turn for the better, at least for consumers—dealers, unfortunately for them, will not be making as much as they have been recently. The overall drop from September of last year has been 4.7%, with prices plunging 8.7% across the board compared to this time a year ago.
“The used-car market has fragmented over the past year,” said Brauer. “While prices are still higher than before the pandemic, they have consistently dropped over the past year and at an accelerated rate in the past six months.”
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla Extended Warranty for Model 3 & Model Y Now an Option! - CleanTechnicaYou can now get a Tesla Extended Warranty through the Tesla app. The extended warranty costs $1800 for a Tesla Model 3 or $2000 for a Tesla Model Y.
Read more »
Used-Car Prices Are Finally DroppingTesla Model 3 leads with a 21.5% plunge in the last six months.
Read more »
The Battle for Germany's EV Market, Part II — Tesla Model 3 Called for Duty - CleanTechnicaThe Tesla Model Y was the 2nd best selling automobile in the overall German auto market in February (an 'off-peak month' for Tesla).
Read more »
Tesla Model Y Vs Honda CR-V Hybrid: True Cost Of Ownership ComparedEVs still cost more than similar gas-powered cars, but once you factor in the cost of ownership, the disparity decreases. Is the Model Y the better deal?
Read more »
Cheapest Tesla Model 3 May No Longer Qualify For US Tax Credit SoonCurrently, most EVs in the US qualify for the credit, but that may change very soon. Tesla reportedly told employees the 'base' Model 3 won't remain eligible.
Read more »
Insider Shares More On Tesla's Project Highland AKA Model 3 RefreshAn unnamed insider told Not A Tesla App the revamped Model 3 will bring redesigned headlights and bumpers, an updated dash, and three more exterior cameras.
Read more »