Used Tesla For SaleIf you are looking to buy a used tesla then there are loads of benefits when it comes to buying second hand. Cost savings happen first. Typically a 2019 used Tesla Model 3 costs between $30K and $40K, whereas new it can top over #50Ka. In 2024, customers can save as much as 25% by going with a pre-owned Model 3 based upon an Edmunds' analysis
Teslas maintain their value well. A 2018 Tesla Model S holds onto around 60% of its original value, based on values reported by Kelley Blue Book for model year-effecting the one with a starting price of $75,000. In a statement to AFP, an operator of the website MyTeslams Robin Pendergrast said that part of the reason all models retain their value (even more so than comparable EVs) is due in large part to Tesla's branding and continued software updates which ensure vehicles are up-to-date.
Of course, the benefits also include maintenance costs. Tesla offers an 8-year / unlimited-mile battery warranty, and it is transferable for second owners. Consumer Reports reviewed the 2024 model year and found that a Tesla needs less regular maintenance than traditional internal combustion engine vehicles, thereby lowering total cost of ownership.
Similarly, buying a pre-owned Tesla also gives you the latest tech. Tesla is big on over-the-air updates which improve everything from features, to performance. Even in 2024, a Tesla Model X bought used from 2019 gets software updates that modernize the autopilot and infotainment system as referenced by MotorTrend.
Environmental impact is yet another advantage. The former are electric and reduce emissions compared to their combustion-engine counterparts. An International Energy Agency study concluded in 2024 that every Tesla Motor vehicle on the road combats just under five tons of CO2 emissions per year versus an average SCORE combustion car.
Used Teslas can be cheaper to insure by some metrics. Thanks to a survey in 2024, it's currently one of the fastest-growing businesses. According to Insurance services website Insure.com, the auto insurance premiums for most used Teslas are 10% -15% lower than those of new cars—at least partly due their reduced overall value and collision repair costs.
The above advantages of used tesla cars — cost savings, high resale value, lower maintenance costs, advanced tech/capabilities and new interiors (excluding pre-2015 vehicles) are why they can be an appealing option to buyers browsing the secondhand market.