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Most cars depreciate, or lose their value, over time. But some vehicles depreciate more quickly than others. Considering how expensive a new car can be -- $47,401 on average, according to Kelly ...
In contrast, most conventionally powered vehicles in the same period depreciate between 45% and 50%. The Tesla Model S is more like conventional cars, with three-year depreciation of about 40%. And plug-in hybrids depreciate less than all-electric cars but still depreciate faster than conventionally powered cars. [178]
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Without FSD, which Musk said could be worth $100,000 alone and is “the most important source of profitability for Tesla,” any chance of a Tesla increasing in value is doubtful.
This isn’t necessarily unusual, though, as new vehicles tend to depreciate quickly. But take a look at the bigger picture. The earliest Polestar 2 model had a starting MSRP of $49,900.
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The Yukon will have a first-year depreciation of 33%, according to Megazinos.com. Though reliable and perfect for transporting big families, it’ll depreciate quickly because of its questionable ...
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