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Tesla Cybertruck Depreciates Over 34% in First Year as Trade-Ins Begin

Tesla's newly launched trade-in program reveals steep depreciation for Cybertruck Foundation Series models, raising questions about resale value and demand.

Tesla Finally Accepts Cybertruck Trade-Ins, But The Offers Are Depressing:  Tesla Cybertruck, Pricing
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Overview

  • Tesla has started accepting Cybertruck trade-ins 18 months after initial deliveries began in late 2023.
  • Foundation Series Cybertruck models, originally priced at $99,990, have shown depreciation rates between 34% and 39% within a year.
  • Trade-in offers from Tesla range between $60,500 and $65,400, slightly higher than estimates from third-party platforms like Carvana.
  • The Ford F-150 Lightning surpassed the Cybertruck as the best-selling electric pickup in the U.S. during Q1 2025.
  • Tesla faces a growing inventory of unsold Cybertrucks and plans another production pause to address cooling demand.