Will Coronavirus hit used car prices? (Vol 2)

[spreadsheet monkey]

G-wiz said:

Not coronavirus related as such, just wondering how much margin the dealer has to allow a £4200 price drop (9%).
Are they still making a profit on the car after lopping £4200 off the asking price?

I would imagine Teslas (especially new-ish ones) are probably similar to Range Rovers in that the spread between retail and trade-in price is massive.

It was probably optimistically priced to start off with. I’m too lazy to type that registration number into WBAC but I bet they’d offer a lot less than £40k.

A beast of a car though, if EVs are your bag. Massive performance and big range as well.

[Fusion777]

Still £42k for a 5 year old Tesla though. As said, the Venn diagram for people that are private buyers, want EV, have £42k, and willing to have a 5 year old car must leave a minuscule number of buyers.