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Tesla Used Car Price Crashes – Model Y, Model 3 Deals Explode
Tesla Model Y used prices are sinking fast as the EV maker introduces a new Model Y and competition increases.
When used prices sink that low it provides a buying opportunity for first-time electric vehicle buyers who otherwise could not afford an EV. “Despite Tesla’s continued reputation for competitive pricing and strong lease deals —especially for the Model 3 and Model Y — the brand is facing mounting pressure in an increasingly competitive EV landscape,” Davide Greene, an industry analyst at Cars.com, told me in an email. “The combination of more competition and shifting consumer preferences makes it clear that Tesla’s dominance is being tested,” he said.
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