Depreciation

david_quick

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GreaseMonkey

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stoopid

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The hit on Tesla is huge, and they're still the majority of used EVs out there. Buyer's market. A Model S at sub $30k is a steal. If I could have kept my eyes closed and brain shutoff the entire time owning the car, I'd have done that in a heartbeat in February. I sleep well with the MME in the stall.
 

Teslaeata

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Values drop like a stone.

Still, you only suffer when coming to sell.

Mine cost £53,000 June 21 and was offered £13,500 Dec ‘24.

Was a part-ex though and with c100,000miles - one other excuse was warranty had ended if I believed that.

Will probably keep mine as I retire in 35 days and really do love it?
 

stoopid

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Values drop like a stone.

Still, you only suffer when coming to sell.

Mine cost £53,000 June 21 and was offered £13,500 Dec ‘24.

Was a part-ex though and with c100,000miles - one other excuse was warranty had ended if I believed that.

Will probably keep mine as I retire in 35 days and really do love it?
Someone expecting to hold onto the car for more than 5 years largely ignores resale. It makes sense financially for you to hold given the miles on the odometer and the lowball offer. Taking the loss doesn't make a lot of sense, mind as well keep it.
 


ReverendPete

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Sikkun

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Every car I’ve owned has only been worth a couple grand when I traded it in. I assume the Mach E will be the same.
 

kamorela

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The hit on Tesla is huge, and they're still the majority of used EVs out there. Buyer's market. A Model S at sub $30k is a steal. If I could have kept my eyes closed and brain shutoff the entire time owning the car, I'd have done that in a heartbeat in February. I sleep well with the MME in the stall.
'Stoopid' you're not! You just twice used the word 'have' correctly instead of saying 'of'.

You're my hero!
Sponsored

 
 







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