The Tesla Cybertruck It is not a normal car: huge, electric, steel and armored. Neither is your market: right now There are second-hand units that sell more expensive than new Cybertrucks.
In the US second-hand market, which is where this electric pick-up is essentially sold, we find quite a few examples. There are some that even exceed $150,000, and we’re not talking about the Cyberbeast. This would show that many of those who bought it actually wanted to speculate with it. The play has not gone well for them at all.
The Cybertruck today costs less than $75,000, used it sells for $100,000
Reselling a car that you recently bought indicates that your objective was not to own that car, but to speculate on it. In some cases it will be out of necessity, but it will not be usual.
When the Tesla Cybertruck reached the market, it was pointed out that Tesla was going to take years to satisfy demand: more than one million reservations were indicated before production began, even figures close to two million, for a fairly limited production. But in less than a year, Tesla delivers its Cybertrucks immediately. He’s been doing it since August. To which is added that the price has dropped a lot, although it has been fluctuating.
Those who bought it with their nose set on a stupendous profit from its resale have come face to face with this reality: it is far from being a successful business.
Dual Motor Cybertrucks twice as expensive as a Cyberbeast. Tesla just lowered the Cybertruck again: The two-motor one now sells for $74,490 and the Cyberbesat for $94,490. Last week, it did so for $79,990 and $99,990 respectively. In August, only the Foundation Series were available and their prices were $99,990 and $119,990.
With such price fluctuationthose who intend to resell it and make profits depend a lot on doing it at the right time. It hasn’t been for a long time. Yes it was at the beginning, more or less: in February, a Porsche dealer in Florida put up for sale a Cybertruck for $289,999 which he bought at an auction. Although he paid $244,000 for it, so the profit wasn’t that big either.
On the other hand, there were those who paid much more for the Cybertruck compared to the current price: The first to get their services paid $122,000 or more for a Cyberbeast. Shortly after, it dropped to $100,000: it quickly became unprofitable to put it up for sale.
The current moment is quite bleak for those who resell it. As Autopian points outin the Autotrader buying and selling portal we find 296 units of the Tesla Cybertruck for sale that exceed the new ones in price. Many with very few kilometers.
The cheapest advertised It is offered for $89,900 with about 12,700 km.when Tesla sells that same version new for $74,490, although in its case it is black (a tone that is not standard). The most expensive, It’s a Foundation Series Dual-Motor for $189,000. It’s almost double what the three-motor Cyberbeast now costs ($94,490). Of all those sold on this portal, more than 200 do it for more than $99,000. And, for the most part, they are not special versions.
This is generalized. a private sells a two-motor Foundation Series for $152,000 on Facebook Marketplace. It is only 60 km. Dealers are also part of this game: this one in Dallas offers a Dual-Motor Cybertruck for $101,994with less than 10,000 km. AND This one from Mitsubishi does the same for $119,000 with a Cyberbeast, showing just over 745 km on the odometer.
If we add to this that deliveries of new Tesla Cybertrucks have been immediate for three months, there is no sales argument for these used units. They will only be saved by Tesla raising prices again, and even then the profit will be meager. With the current ones, many will have directly lost money on their investment.
Beyond the anti-resale clause. The market for new Cybertrucks is itself a mystery. In May it became the best-selling electric pick-up and for much of the summer it has been the best-selling car worth more than $100,000 in the US. But in August it was delivered a few days after reserving it, which could It could be deduced that it was beginning to accumulate. The price drops after the summer could also indicate this.
It is estimated that between January and September about 27,000 units have been delivered. And that Tesla would have already satisfied the demand for reservations, from which it is assumed that many could have canceled them by not launching the promised $40,000. Possibly those who saw it as a work vehicle and not a recreational vehicle.
In any case, it has been a huge headache for potential speculators for months. To which we must add that Tesla applies an anti-resale clause in the purchase contract: those who resell it before one year of having it, will have to pay up to $50,000. Unless they sell it again to Tesla for less than what they paid: the price admitted by the brand goes down per kilometer traveled.
Source: www.motorpasion.com
