[rs_rs_rs_rs_rs]

>Price drops. Cars depreciate but to have a $10-15K price drop right after I purchased really sucked. For this reason alone, I will never buy a Tesla again.

Aren't all cars like that?

[code_runner]

They dropped the price of a new model a few times recently which meant used cars dropped that much more. I think that’s what is being referenced here.

Otherwise, the (mostly) static nature of Tesla models kept the used Tesla market in decent shape

[seshagiric]

Yeah, say I brought the car for $70K. 2 weeks later Tesla reduced the price by $12K. So, it's now $58K, and then you add depreciation...If I were to sell the car today (within 1 year of buying) I'd be looking at $35-40K!

[willis936]

I bought a GTI in 2018 for $28k. I could fetch North of $20k for it today. Granted its light mileage (37.5k miles). It's still held its value because it was a sub-$30k popular vehicle in a good year for reliability and going into a period of car scarcity.

The big factor is how far above the $30k floor do you reach. A rav4 hybrid keeps a much higher percentage of its value than a rav4 prime.

[rubidium]

My Maverick went up in price after I bought it at MRSP. But that was a market anomaly.

There’s usually a drop some but that amount is excessive.

[symlinkk]

Japanese cars aren’t