Car Max offered $66K for a 2024 dual motor Cybertruck with 14,600 miles

[Trimotor]

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[UberNoob]

Better cash out

 

[turns2stone]

18% comparable depreciation after two years vs. a brand new model People should be thrilled! Try it with a $80K 2024 BMW 5-series.

She's right that lower sales/supply means higher relative value.

 

[vandytom]

18% comparable depreciation after two years vs. a brand new model People should be thrilled! Try it with a $80K 2024 BMW 5-series.

She's right that lower sales/supply means higher relative value.

Good deal only if tax credit still exist to get a 2025 model. Love the truck too much.

 

[SlegMD]

Wish FS was not a thing as the idiots keep citing depreciation of 110k truck for 66k, derpy derp

 

[BlueLightning]

Good deal. “Not shocking!”

Would pay $49,900 for the AWD, today LOL!!

 

[MInnesooooooota]

Sometime CarMax are idiots.

Or maybe they just want it on the lot to attract other idiots who buy at Carmax?

 

[Thunderstrike44]

Wish FS was not a thing as the idiots keep citing depreciation of 110k truck for 66k, derpy derp

I agree, every time one of these articles is talked about it a "Foundation Edition". Well no shit sherlock... Yes you got the most expensive model plus every option they could throw at you. I thought this was outrageous when it happened but I figured these people knew what they were getting into. You are paying to get it first, that's it. Much to the demise of people like me still having their ass hurting knowing 'When' I finally get to my number in line and the $30K price increase if I want to bite the bullet and get it anyway. So no sympathy if you thought you were going to buy it and then dump it in a year, Here's your towel! If you didn't see what happened to every manufacturer who did this before Tesla; Hummer, Jeep, Ford, Chevy....need I go on. How Much is a First Edition Hummer Worth Today?? I bought mine because I wanted a Electric truck and believe The Cybertruck was going to fit the bill. My only regrets so far is the Price and No Rebate. In fact the Truck itself has exceeded my expectations! Thank you Tesla.

 

[SlegMD]

I agree, every time one of these articles is talked about it a "Foundation Edition". Well no shit sherlock... Yes you got the most expensive model plus every option they could throw at you. I thought this was outrageous when it happened but I figured these people knew what they were getting into. You are paying to get it first, that's it. Much to the demise of people like me still having their ass hurting knowing 'When' I finally get to my number in line and the $30K price increase if I want to bite the bullet and get it anyway. So no sympathy if you thought you were going to buy it and then dump it in a year, Here's your towel! If you didn't see what happened to every manufacturer who did this before Tesla; Hummer, Jeep, Ford, Chevy....need I go on. How Much is a First Edition Hummer Worth Today?? I bought mine because I wanted a Electric truck and believe The Cybertruck was going to fit the bill. My only regrets so far is the Price and No Rebate. In fact the Truck itself has exceeded my expectations! Thank you Tesla.

Well also the perks received with FS wouldn’t typically carry over to secondary ownership.

 

[Macgreiner]

Will Tesla ever offer CTs on Pre-Owned? You think there would be a more healthy supply of buyers willing to buy direct.

 

[HaulingAss]

That's pretty low depreciation considering there is no FSD and it has core wheels and none of the Foundation Series upgrades.

 

[Cybertruck2024]

Wish FS was not a thing as the idiots keep citing depreciation of 110k truck for 66k, derpy derp

Not sure if you know how depreciation works, but it is a quantitative measurement, not qualitative where you can value things how you want to value them.

The truck was a $100k truck, depreciation is based on this figure.

If you pay more for a paint color, heated seats, etc. in any vehicle, you don't remove those upgrades before calculating depreciation.

The real crazy thing is the depreciation of FSD. There's essentially no value to FSD.

 

[CYBERUN]

That’s a very good deal.

 

[SlegMD]

Not sure if you know how depreciation works, but it is a quantitative measurement, not qualitative where you can value things how you want to value them.

The truck was a $100k truck, depreciation is based on this figure.

If you pay more for a paint color, heated seats, etc. in any vehicle, you don't remove those upgrades before calculating depreciation.

The real crazy thing is the depreciation of FSD. There's essentially no value to FSD.

I know how depreciating assets work.

The problem is the FS AWD depreciation is worse than nonFS AWD. 66k value for a used 79k is normal depreciation, better than 66k value for a 100k truck. People responding to this depreciation don’t understand what other assets FS purchasers received, and rightfully so as they don’t benefit the used market.

 

[turns2stone]

I know how depreciating assets work.

The problem is the FS AWD depreciation is worse than nonFS AWD. 66k value for a used 79k is normal depreciation, better than 66k value for a 100k truck. People responding to this depreciation don’t understand what other assets FS purchasers received, and rightfully so as they don’t benefit the used market.

I understand what extra features came with the Foundation AWD, and aside from FSD, non of the rest should be expect to have even a single dollar of extra value via dealer/wholesale trade in.

Even if you optimistically value FSD at $6K, You have to compare the value of what you can buy with $80K today. So in that sense, $66K is more than fair.

If I can buy a 2026 AWD with FSD for $88K, why would a wholesaler pay more than $66K? Some buyers value FSD at practically $0, so a dealer can't pay anywhere close to $80K.

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