Cybertruck Depreciation: Why Tesla Trade-Ins Are Shocking Owners
Cybertruck trade-in quotes are tanking fast. Learn why owners are losing up to 45% on Tesla’s latest EV and what it means for your wallet.
Matilda
Cybertruck Depreciation: Why Tesla Trade-Ins Are Shocking Owners
If you’re wondering, “How much is my Cybertruck worth for a trade-in?” or “Why are Tesla Cybertruck trade-ins so low?” —you’re not alone. Tesla has finally opened the doors for Cybertruck owners to trade in their high-tech trucks, but the numbers aren’t what most expected. Cybertruck owners looking to offload their futuristic vehicles are facing a harsh reality: depreciation rates as high as 45% . This has sparked widespread discussion in online communities, with questions like “Should I trade in my Cybertruck now?” dominating forums and search engines. Image Credits:David Crane/MediaNews Group/Los Angeles Daily News / Getty Images Recent reports from CarGurus indicate that Tesla Cybertruck depreciation is significantly higher than anticipated, with trade-in values plummeting. One owner of a $100,000 AWD 2024 Cybertruck with nearly 20,000 miles was offered just $63,100—a staggering 37% loss. Another, who purchased a $127,000 Cyberbeast in September, received a trade-in …