As the price of new Tesla rises, so do the prices of used Tesla models

 – EV Updates 2022

As the price of new Tesla rises, so do the prices of used Tesla models – EV Updates 2022

As the price of new Tesla rises, so do the prices of used Tesla models

– EV Updates 2022

The prices of used Tesla electric cars have gone up by a New report From the battery analysis company Recurrent.

The average prices of the most used EV models in 2021 have risen dramatically, but Recurrent, which markets battery health reports for EVs, is linking the rise in prices for new Tesla vehicles to used-Tesla prices.

According to Recurrent, the average price of used Tesla EVs will increase to $ 1,000 a month in 2021. Over the same period, continuous price increases increased the base price of the Model 3 by $ 8,000 between February and November 2021.

New and used Tesla prices from April 2021 - repeat

New and used Tesla prices from April 2021 – repeat

Tesla also removed the base Model Y Standard range from that model line and, with other price increases, increased the base price by $ 17,000 to over $ 60,000. That means the starting price of what should have been one of Tesla’s mass-market models now tops the original base price of the Model S since 2012.

Speaking of the Model S, the restructuring of the line has raised the base price from around $ 70,000 to $ 96,190 by the fall of 2020, Recurrent noted. Model X 2021 also saw a $ 5,000 price increase, the report said.

The report argues that these price increases increase the demand for used Tesla, along with longer waiting times to build new cars. However, it is worth noting that some of these changes are relatively recent, and it may be too early to assess their impact on the used car market. Tesla, in its third quarter revenue call for 2021, suggested that price increases be in response to supply and demand.

From the Tesla Q1 2020 Report - Product Simplification for the Model Y vs. Model 3

From the Tesla Q1 2020 Report – Product Simplification for the Model Y vs. Model 3

Tesla plans to increase production at new factories in Texas and Germany by 2022, which could help solve supply problems, the report said. Basic models are expected to start switching to lithium iron phosphate (LFP) battery chemistry, which will also help stabilize prices according to the recurrence.

Tesla has already started offering LFP versions of the Model 3 in North America, and the Model Y version is expected to follow. But the original Model 3 Standard Range’s $ 35,000 target or the $ 40,200 IO (including target) prices for the original base Model Y were nowhere to be seen.

electric vehicles updates India

credit source

As the price of new Tesla rises, so do the prices of used Tesla models

– EV Updates 2022

#price #Tesla #rises #prices #Tesla #models

if you want to read this article from the original credit source of the article then you can read from here

.

Rate this post

Platforms

Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar

My Cart Close (×)

Your cart is empty
Browse Shop