CyberBeast Residuals Below MSRP

[tingmo13]

Cybertruck price speculation world is kicking overdrive and working overtime-make sure you guys punch out & relax!

Sponsored

 

[Kaz109]

That is the first I’ve seen, all the ones I have seen are listing and selling for 150k or more.

 

[SentinelOne]

Thats down the street from me, i could have paid the same as i did 2 months ago

Looks like CyberBeast can be had used for less than MSRP, the hit will be considerable as soon as FS ends. I don’t buy to flip but cars are a hobby (owned 110+) so I do take residual value seriously. With the end of FS coming up I would suspect used values of lightly used Beasts to be below $100k possibly closer to $90k. I paid my $1,000 in March but I will definitely be putting it on hold when my vin is allocated. Just my Sunday 2 cents.

think we all knew that was coming didnt we? Eg like all cars tesla’s depreciate and ct’s of the fs variety arent any diff as still mass produced and minimal differentiation from non fs? Ive had mine for 2 months and as of now thats 5k above msrp with unknown non fs release and availability date and whats included….waited 4.5 years and wanted my truck, plan on keeping for 5+ years so nbd, would do it again, truck is awesome!

 

[Stuck4ger]

How’s that price “the same” as a new FS CB? Do you get the PowerShare and/or voucher? What else is missing?

 

[Killlbox]

We needed a new truck when the Cybertruck became a reality.

I don’t care how much our Cyberbeast depreciates over the next however long. If the battery lasts as long as it’s supposed to we’ll never need another one.

I don’t understand why people care so much about it.

 

[HaulingAss]

The only difference from the FS and non FS is technically the laser etching and perhaps lifetime connectivity (though that may not transfer).

Free lifetime Premium Connectivity transfers from owner to owner. It's just like FSD in that respect.

 

[HaulingAss]

Anyone who thought buying a FS CT was going to be a good longterm investment, resale value wise, wasn't really thinking very smart. Teslas need to be thought of as more a tech product than a legacy automobile.

Legacy autos are not good long-term investments either. But it sounds like you are implying they are.

Cybertrucks should depreciate at similar rates to legacy autos, perhaps with a small adjustment for the Foundation Premium. This is normal and expected. No one who understands the time value of money buys a new car or truck thinking it's a good investment. At least not anyone with half a brain. They all depreciate, with rare exceptions. There is no reason to think the Cybertruck is one of those exceptions.

 

[Boo23]

Legacy autos are not good long-term investments either. But it sounds like you are implying they are.

Cybertrucks should depreciate at similar rates to legacy autos, perhaps with a small adjustment for the Foundation Premium. This is normal and expected. No one who understands the time value of money buys a new car or truck thinking it's a good investment. At least not anyone with half a brain. They all depreciate, with rare exceptions. There is no reason to think the Cybertruck is one of those exceptions.

It’s a polarizing design with (whether justified or hyped) significant issues plus Musk’s approach. I think if I went ahead with my FS CB purchase I’d be $50k down in 12 months and that’s assuming a non FS price of $100k or put another way $4,200 a month plus running costs. Compare that with a 2024 F150 Raptor bought at MSRP you might be down 6-10k. Not necessarily an issue if you intend keeping it for a decade but isn’t that where the rapid advance in technology makes that less likely I think than with an ICE vehicle? Ultimately each unto their own but as someone who likes the truck but changes vehicles frequently the potential loss means I’ll likely pass.

 

[CyberBobby]

??

Tesla is big on dynamically changing its pricing, raising or lowering costs to boost sales or extract more profit as the company needs. It also has a history of scrapping the base models of its vehicles after advertising their accessibility with a low introductory price. Now, it seems the company has put the two together, and cut out the Cybertruck’s base trim while raising the price of all others by $20,000.

Link below to read article:

https://www.msn.com/en-us/news/news...nt=89&fontSize=sa_fontSize&isChinaBuild=false

 

[VR Driving]

Can't wait for these to reach less than 50k in 2 years

 

[GFleck]

Legacy autos are not good long-term investments either. But it sounds like you are implying they are.

Cybertrucks should depreciate at similar rates to legacy autos, perhaps with a small adjustment for the Foundation Premium. This is normal and expected. No one who understands the time value of money buys a new car or truck thinking it's a good investment. At least not anyone with half a brain. They all depreciate, with rare exceptions. There is no reason to think the Cybertruck is one of those exceptions.

I think you completely miss read my post. I never said or implied I thought legacy vehicles were a good investment. My whole post was about vehicles not being good investment, and that being even more true for CT given its rapidly changing technology, and that anyone who thought otherwise want thinking clearly. I even said I personally only value my CT, on paper for personal financial analysis, at 50k.

 

[HaulingAss]

It’s a polarizing design with (whether justified or hyped) significant issues plus Musk’s approach.

It's clown talk to imply that there is something wrong with the CEO when he's one of the biggest reasons for Tesla's success. Indeed, we wouldn't even have the Cybertruck without Musk.

And there are no "significant issues" with the Cybertruck worth mentioning. That's clown talk too. It's a solid, reliable tough vehicle. I've purposefully loaded it up, beat it up and generally showed no mercy, and it takes it all in stride. Still drives like the day I bought it. All I've ever done is plug it in. OK, I've washed it with soap and water too and adjusted the tire pressure.

Who cares if the design is polarizing? There isn't a single vehicle on the road today that everyone loves. It's like you are implying the polarizing design will hurt it resale value. If anything, it will set the Cybertruck apart from every other used car or truck on the market. It's probably a net positive.

Too much clown talk.

 

[HaulingAss]

I think you completely miss read my post. I never said or implied I thought legacy vehicles were a good investment. My whole post was about vehicles not being good investment, and that being even more true for CT given its rapidly changing technology, and that anyone who thought otherwise want thinking clearly. I even said I personally only value my CT, on paper for personal financial analysis, at 50k.

I think you can make the argument that the $20K Foundation Premium, once removed, will cause resale values to take a hit. But we all knew that going in, and the hit won't be 20K because there will be some value for the FSD, the lifetime premium connectivity, the all weather mats, and, of course, the store credit.

I wouldn't be surprised if Cybertruck holds it's value pretty well if it remains production constrained and new prices don't fall too far or too fast. You are free to disagree, just know that you don't have any control over what the depreciation actually turns out to be. It's certainly worth a lot more than $50K on the used market, just look at what you can get for $50K on the used truck market, most of it is a bunch of crappy ICE trucks with major disadvantages, terrible driving dynamics, bad stereos, poor MPG, hard to park in tight spots, no motorized tonneau cover, damage prone soft body panels and fragile paint, and on and on.

I had to charge the battery on my Ford F-150 today so I pulled it off the street into my carport and I felt like I was driving an ancient relic. The steering wheel barely did anything until I spun it around a bunch of times, once it got going it didn't want to stop with that V8 engine pushing the truck forward even though I wasn't stepping on the gas, it was like the torque converter had it's own ideas of what it wanted to do, it didn't feel responsive to what I wanted it to do. It was possessed. It's probably worth about $35K, the Cybertruck is in another world, about 3 times as desirable.

 

[HaulingAss]

Can't wait for these to reach less than 50k in 2 years

Not going to happen. They all come with FSD and lifetime premium connectivity.

Sponsored