Teslas plummeting in value - Emperors no clothes moment?
Discussion
Just listening to the Collecting Cars podcast and they've got onto how EV used prices have been collapsing.
I did look back in the Autumn at used Model 3's and there was nothing around that wasn't bent and under £38k. Now the classifieds have loads at mid £20's. Quite the change. As most are leased does this mean there is a long cold unpleasant bath for the Leasing companies?
Can they actually offload all the cars they shifted new in 2019/2020 when they were very hot property and the pinnacle of fashion? Does everyone who EV's suit now already have one? I've a massive farmyard, massive South facing shed roof for solar panels and only need a 180 mile daily range which Teslas all have easily. I have the 40% employer tax break scheme to shave £400 a month of the real lease cost of a 20,000 mile contract and yet I still don't want one and can't make the numbers stack up against a perfectly fine BMW diesel that's been around the planet a few times.
Is the stock market correct by indicating Tesla was a bit of a flash in the pan?
I did look back in the Autumn at used Model 3's and there was nothing around that wasn't bent and under £38k. Now the classifieds have loads at mid £20's. Quite the change. As most are leased does this mean there is a long cold unpleasant bath for the Leasing companies?
Can they actually offload all the cars they shifted new in 2019/2020 when they were very hot property and the pinnacle of fashion? Does everyone who EV's suit now already have one? I've a massive farmyard, massive South facing shed roof for solar panels and only need a 180 mile daily range which Teslas all have easily. I have the 40% employer tax break scheme to shave £400 a month of the real lease cost of a 20,000 mile contract and yet I still don't want one and can't make the numbers stack up against a perfectly fine BMW diesel that's been around the planet a few times.
Is the stock market correct by indicating Tesla was a bit of a flash in the pan?
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