Recurrent publishes a used EV market report each quarter to help buyers and sellers follow trends. For an EV owner, it helps them consider the right time to sell or trade in their vehicle. For a prospective EV owner, it helps them find the best values -- "Hmm 🤔 2019 VW e-Golf prices are now within my price range!"
Used Tesla prices, in particular, are always fluctuating. So many variables affect them.
- Price increases for new models
- Full self driving (FSD) rates and other feature releases
- New model delivery delays
- A single CEO tweet
We realized that a report every 3 months is too infrequent for Tesla enthusiasts and car dealers who are seeing them as trade-ins. That's why we are excited to announce a free monthly newsletter.
On the first Thursday of each month, subscribers receive a summary of used Tesla prices that is aggregated from 50,000 car dealers and a recap of the latest trends and announcements. Use this form to sign up.
Other Helpful Resources
- Are you a current Tesla owner? Connect your car to get monthly EV reports. These reports help you monitor your Tesla and its battery to maximize its battery lifespan.
- Shopping for a used Tesla? Check out our Tesla battery guides and tools for shoppers.
- Are you a dealer that sells used Teslas? We offer vehicle condition reports to help your customers find the right EV.
April 2022 Tesla Charts
Used EV prices are leveling off from a market high, but remain well above pre-summer values. We charted the average prices of three popular Tesla model-year combinations to capture that growth.
This data is aggregated from thousands of US dealerships and presented in US dollars.
What We’re Watching: New Supply Chain Woes
Let's start with the good news: Gigafactory Berlin is online and if all goes smoothly this week, Gigafactory Austin is, too! The Berlin factory is particularly well timed since Tesla Shanghai has been closed since March 28 due to a covid lockdown in China, meaning that the world is losing out on 10,000 Model Y and 6,000 Model 3 every week.
Production was set to resume this week, but was delayed. Meanwhile, the price of a Model 3 in Germany went up €7,000 since last week, making it too expensive to qualify for for German EV incentives.
The other sticky supply chain issue these days is - not semiconductors - but nickel. Nickel is required for lithium ion batteries, and the major exporter is none other than Russia. Luckily, Tesla signed a deal with an alternate nickel suppliers in January. Nonetheless, it seems likely that material scarcity triggered the March price increases.
What We’re Reading:
- Elon Musk says Tesla may finish Cybertruck development this year (InsideEVs)
- Tesla delivers record number of cars despite challenges (BBC)
- Many Tesla models are now sold out until 2023 in the US even after price increase (Elektrek)