Tesla opened Cybertruck trade-ins, and the numbers aren’t pretty
Tesla now permits Cybertruck owners to trade in their vehicles, but they face significant depreciation rates of up to 45%, as reported by CarGurus.
MAIN POINTS
- Tesla has started allowing Cybertruck trade-ins for the first time.
- Owners face depreciation rates as high as 45%.
- CarGurus provided the depreciation data.
- Business Insider interviewed two Cybertruck owners about their experiences.
TAKEAWAYS
- Cybertruck owners can now trade in their vehicles with Tesla.
- Significant depreciation affects the trade-in value.
- CarGurus is a source for vehicle depreciation statistics.
- Owner experiences provide insights into Cybertruck ownership challenges.