The first Cybertrucks started shipping in November 2023 but most were more after the start of 2024, so at best it’s a 1½ year period.
The article showed a screenshot of an owner who had tried Tesla’s online trade-in estimate with a 2024 that had only 6,211 miles on it.
From the article:
Tesla sold a brand-new 2024 Cybertruck AWD Foundation Series for $100,000. Now, with only 6,000 miles on the odometer, Tesla is offering $65,400 for it – 34.6% depreciation in just a year.
Pickup trucks generally lose about 20% of their value after a year and 34% after about 3-4 years.
It’s also wroth nothing that Tesla’s online “trade-in estimates” are often higher than the final offer as noted in the footnote o fhte [sic] screenshot above.
On Car Guru, the Cybertruck’s depreciation is actually closer to 45% after a year and that’s more representative of the offers owners should expect from dealers.
The first Cybertrucks started shipping in November 2023 but most were more after the start of 2024, so at best it’s a 1½ year period.
The article showed a screenshot of an owner who had tried Tesla’s online trade-in estimate with a 2024 that had only 6,211 miles on it.
From the article:
EDIT: corrected mileage from screenshot
Peak luxury car behavior. This is affluent peoples FAFO moment lol