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Used Tesla Prices Fall Below U.S. Market Average for First Time

Tesla’s average used-car price has dropped to $27,814 below the national benchmark following a flood of trade-ins.

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Overview

  • CarGurus data shows the average resale value of a used Tesla fell 0.79% below the U.S. used-car market average, at $27,814 versus $28,039.
  • Tesla’s average used-car prices declined 4.59% year-over-year compared with a 1.22% gain in the overall market.
  • Every Tesla model posted annual price drops, led by a 30.44% plunge in used Cybertruck values.
  • Dealers attribute the supply glut to owners trading in Teslas for competing brands, creating downward pressure on resale prices.
  • New Tesla deliveries slipped about 9% in the U.S. and 14% globally in the first half of 2025, reflecting waning demand.