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“If you buy a Tesla for $60,000 and a year later, it’s worth $45,000, but a Tesla changes the starting price of a new model to $50,000, your used Tesla will instantly be worth less.
If you're thinking about ditching gas for an EV, you've probably considered the biggest name in the industry and the brand that brought electric cars to the masses -- Tesla. Most automakers have...
Tesla has set up mobile-shipping-container "stores" [9] and 6 Airstream travel trailers each pulled by a Model X, reaching areas not served by brick-and-mortar shops. [26] [27] Tesla's strategy of direct customer sales and owning stores and service centers is different from the standard dealership model in the US vehicle marketplace. [28]
How did Tesla do in the fourth quarter? Tesla's fourth-quarter profit margin from vehicle sales, excluding regulatory credits, fell to 13.59% from 17.05% in the prior three-month period, according ...
If you’re shopping for a new car, go to a dealer knowing which cars hold their value the best and which drop in value almost faster than you can drive.
Included in the book Automotive Atrocities: The Cars We Love to Hate, author Eric Peters made note of Fuego's poor performance and poor reliability combined with difficulty in sourcing replacement parts and finding a mechanic that knew how to service a Renault, leading to rapid depreciation that reduced Fuegos to being completely worthless when ...
Analyzing five-year depreciation rates of over 1.1 million vehicles sold from November 2022 to October 2023, iSeeCars found trucks (34.8% five-year depreciation) and hybrids (37.4%), plus some ...
Owners of Tesla electric vehicles (EVs) looking to sell might be experiencing frustration as prices as the resale value dips. Some used Tesla models have even seen 25% price drops year-over-year.