Tesla Used Prices Skyrocketing: Is Now the Time to Buy New or Sell Your EV?
Hey everyone, Dennis here from DennisCW! Welcome back to the blog. If you've been eyeing a Tesla, buckle up because used Tesla prices are up nearly 9% in the last 90 days. That's right—Model X prices have jumped 7%, Model Y 2%, and the trend shows no signs of slowing. Data from CarGurus paints a clear picture: after dipping last year, prices are rebounding hard.
But here's the twist: while used prices soar, new Teslas might be a steal right now with 0% or 0.99% financing deals. Let's break it down.
Why Are Used Tesla Prices Exploding?
Several factors are driving this surge:
- End of the $7,500 Federal Tax Credit: Buyers who missed it are flocking to used inventory.
- Gas Prices Up $1 Nationwide: From $2.98 to $3.98 in a month (Morning Brew). Here in LA, I'm seeing 6-7¢/gallon—pushing folks toward EVs.
- Tax Refund Season: Extra cash means more down payments on used rides.
Check CarGurus for the latest model-by-model data.
My Advice:
- Avoid buying used—they're overvalued.
- Go new if financing: Lock in low rates before quarter-end.
- Selling? Now's prime time! High demand means top dollar. Shoutout to Plug (link in bio)—they're offering $3K-$6K more than competitors. Get an offer in 15 mins, close in 2 days.
Has rising gas made you consider switching to an EV? Drop your thoughts in the comments!
New Tesla Model 3 Hardware Tease: Vehicle-to-Load Coming?
Tesla quietly added PCS (Power Conversion System) hardware to the Model 3, hinting at vehicle-to-load (V2L) support—like the Model Y and Cybertruck's PowerShare. Imagine powering a hairdryer or camping gear straight from your car.
I prefer built-in plugs (Cybertruck style) over adapters, but it's a nice-to-have for emergencies. What do you think—game-changer or gimmick?
Model Y L First Impressions: Not Quite Compelling
A review from Thailand highlights the extended Model Y L: comfy second row, but cargo isn't flat, and third row feels gimmicky. It's no Model X replacement—Tesla might be brewing something bigger.
Great for families with 1-2 kids focused on second-row space, but waiting for a true refresh? Smart move.
Pro Tips for Tesla Buyers
- Free Autopilot on Used Inventory: Scroll Tesla's pre-owned listings—some include it. Filter for HW4 vehicles and lease options as low as $322/mo.
- Delivery Checklist: Grab mine at denniscw.com to inspect your new Tesla like a pro.
- Financing Hack: Check credit unions via our Patreon for 2.99% on Model Y Performance.
- Insurance Savings: Use our insurance tracker based on 300+ owner surveys.
Use my referral code for 3 months free Full Self-Driving!
Partners & Deals
- True Claims: Been in an accident? File a diminished value claim—potentially thousands back.
- Joa Accessories: Love their phone mount, desk, and game controller. Promo code in bio.
- EVJ Charger Protector: 30% off with code Dennis.
Giveaway Time!
We gave away a Cybertruck windup racer live—congrats to the winner! Stay tuned for daily giveaways. Hit like, subscribe, and join the Discord for live alerts.
Thanks for reading! Love deals on Teslas and EVs? Smash that subscribe and comment below: Buy new, sell used, or hold? See you in the next one!
DennisCW – Helping you score the best Tesla deals.
