Story perspectives
Cybertruck Owners Face 18-Month Trade-In Wait Amid Plummeting Values
5/22/2025
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Story summary
- Cybertruck owners must wait 18 months for trade-ins due to a one-year resale restriction.
- The Cybertruck's depreciation rate is approximately 37-38%, exceeding the average vehicle's 30%.
- One owner's Cybertruck value plummeted from $100,000 to $63,100, highlighting significant trade-in losses.
- Electric vehicles typically depreciate rapidly, influenced by market pressures and production issues.
- Tesla delivered under 50,000 Cybertrucks despite having over 1 million reservations.
