EV depreciation
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Tesla Owner Regrets Thinking His EV Was An 'Investment'—Says He's 'Genuinely Shocked At How Much These Things Are Tanking' After Losing $750 A Month
Yahoo Finance· 2025-12-16 00:20
It started with good intentions and a bit of EV hype. A Tesla Model Y buyer, now two and a half years into ownership, says he thought he was making a smart financial move. What he got, in his words, was a financial "bloodbath." In a post on Reddit, the owner of a 2022 Model Y Long Range said he paid $62,990 for the vehicle at peak EV prices. Fast forward to late 2025, and resale estimates from Carvana $36,800, CarMax $37,200, and Tesla's own trade-in $35,500 suggest a loss of $22,000 to $27,000—or about ...