Used Teslas Still Expensive But Getting More Affordable
Even used it's still pricey

Even used it’s still pricey

The San Francisco Chronicle reports on the trend so far with the Tesla resale market:

An analysis of used Model S sales finds that while not many have hit the market so far — just 1,600 — they typically command prices well above $50,000. At the same time, they’re attracting buyers who are a little younger, a little less affluent and less likely to live in California than the typical Tesla driver.

“The way we think of the new Model S buyer is a wealthy tech executive living in the Bay Area — that’s the image in pop culture,” said Jessica Caldwell, director of industry analysis for the auto information service. “If you have a lower price point, you’re going to get a larger, more diverse pool of people.”

Used EVs, including Teslas but also LEAFs and other models, will be cheaper and help to reach a much larger market. But they will also compete with cheaper, better-range vehicles that will be coming on-line in the next few years. Still, it will be hard to beat a cheap 200-mile used Tesla Model S for the foreseeable future.


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