Tesla Depreciation Is Brutal! (Tesla Model Y)
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- čas přidán 7. 09. 2024
- Today I drive and review a used Tesla Model Y Long Range!
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The video should be titled, Tesla hater drives a model y.
Agreed
It should be important to note that depreciation is not because it’s a bad car…it’s because the price of new ones was lowered which impacted used ones.
A 2021 Model Y was the first gen. Worst of the worst for Tesla. It was massively improved in the following 2 years.
Also, it’s the best selling car in the World.
You are a "car reviewer"
You should be as unbiased as possible
Right from the get go i could feel your disdain for tesla.
No Shock about your review of the car.
Do better!
he hurt your feelings? get a juice and take a nap
Have you checked the depreciation on the Land Rover Defender? Maybe you should do a video on that….
Actually while you’re at it, check out how much BMWs, Audis, MBs etc depreciate.
There’s a reason I only buy used cars. You drive 99.5% of new cars off the lot and lose thousands INSTANTLY!!
Other than a last gen 4runner, rax 4, Corolla GR, or Civic type R. But outside of certain cases, got to be nuts to buy new. 🎉
Burroed them for sure. A BZ4X is a low mileage per charge EV, but it's built like a tank. Learned this from the famous mechanics channel. Props to those who landed a bx4x limited at 12k/year at 330 a month or base model at 10k/year at 189 a month. My buddy owns a model 3. It is a 2022 with 20k miles. Feels exactly as you described in the video.
How is this even possible? Poor quality rubber bushings?
Tell us how you really feel about EV’s
Not just EVs, but Tesla’s
I just got a 2024 model y and love it. Very comfortable and nothing of what you speak off. All you did was bash the car. All you had to say was that you don’t like Teslas and you were going to make your honest opinion of the way you feel about Teslas.
That was the pre minor refresh / comfort suspension changes. Build qualities on Teslas are a lot better now. My 2023 Model Y with 23,000 miles has no squeaks, rattles, or creaks and rides well. I rented a 2021 Model Y from Hertz and like you, I thought it was a bucket of bolts. I was surprised at how much the brand has improved build quality in just a few years.
2022+ has a way faster CPU driving the infotainment. They switched from Intel to AMD silicon.
Yeah Ben! Because nobody thats bought a Dodge/Ram/Chrysler in the last 100 years was every burried they just let em get repoed!
@@dpporlando everything is repoed including these aluminum blobs
I bought model y long range for 54k in Jan 2023, now the same brand new one is 37k, this made me wanna cry.
48k
@@QuickLitNow my bad, Tesla site subtract the 7500 and 5 years gas saving into their total price. I feel deceived lol.
@@chiensibi1231409 yeah it’s not that bad 😄
I got a used 2023 with only 2,500 miles out the door for just over 40K. (I don’t qualify for the tax rebate) Feel like I did pretty well.
This vehicle has been modestly customized. The Tesla badging is missing. Resale depreciation is not that terrible. Many $45,000+ CUVs that are 2021 MY are selling for mid 20's assuming 40,000 miles or so.
Regrettably, what can really contribute to that poor resale value is that one is paying a lot for the software functions more than anything else. And what it does is applies tons of downward pressure on the previous model years to a terrible point. People who know, know. And the market reflects that. People who don't know what gold they have on their hand tend to try and sell their salvage cars at $30k, when reality it's worth half-that due to the loss of that battery/drivetrain warranty. So for the 2021 MY and earlier, maybe knock off an additional $5k to account for that out of pocket battery replacement cost.
@@terrancecloverfield6791 That is one benefit of a Tesla....continual software updates ove the air. Unfortunately for Tesla, companies like Ford with Sync 4 now do software updates automatically thru the air also.
That purple wrap is tacky AF. I wouldn't be seen driving around town in a car like that. Not to mention, it's chipped up, which makes it look even worse. If the dealer wanted to present this car better for sale they could just (carefully) peel the wrap off - the paint should be like new underneath. Then put some new badges on it. Possibly even take it to Tesla and have the suspension issues looked at - the car is only 3 years old and still under warranty.
I'd go so far as to suggest Ben Hardy took a fresh trade in that hasn't been prepped for sale and decided to rip the crap out of it for the clicks.
LOL - "The wheels have been changed." No - the standard wheels come with aero covers to improve efficiency/range. A lot of people take the covers off because the wheels underneath the covers look pretty nice and are happy to trade off the range loss. Which only really kicks in when doing a lot of highway driving.
Depreciation on this car would be high because the previous owner has done a bunch of mods to it. A purple colour shifting wrap? Carbon fibre trim on the centre console? Not to mention, the wrap looks chipped, so if I was looking at that car I'd be thinking that I need to get the wrap removed at some point.
If you do mods to a car that are a matter of extreme personal taste, don't expect to have a great resale.
Also - those suspension issues - shouldn't the dealer be taking that car to Tesla and getting them resolved under warranty? The car is only 3 years old.
Seems like many Tesla owners resort to wraps because there are so many Teslas on the road and all the models look the same IMO and come in just a few stock colors.
Ben, can you review a 2007 Honda Civic Lx 5 Speed Manual?
Ben hated the glass roof of the Tesla so much that he threw his own shade *ba-dum-tss*
I’d love to see a series of 3-4 year old low mileage luxury cars you’d pick up for 5-6 years without destroying your car wallet.
Sure Telsa owner’s going to love you Ben. They are the Yugo of modern times.
You can buy a brand new 2024 long range Y for $39,000 with 1.99% financing for 72 months. You'd have to be in that used one for about $20k but to get the $4k on a used EV its gotta be under $25k
@@dpporlando everyone will not qualify for that teaser rate and 6 years. The longer you finance the more interest you pay on an already depreciated item.
The reason they took a big hit was hertz dumped a boat load of used tesla's back in the market
@@XX-166 True but has nothing to do with comparing the used one with the new. The new Y (if that's what you're buying) is a far superior deal for many reasons.
@@dpporlando the fit and finish hasn’t changed one bit and the depreciation is exactly the same if not worse. Each time he slashed prices to entice buyers he gave the middle finger everyone who had already bought one and their car values. If you have a loan in this blob you’re bent over and banged based upon what you paid VS what it’s worth which puts the buyers even further upside down in the loan.
@@user-nz8hw3wd6t hertz only added more water to an already sinking ship.
Think what ppl do is they lease them then tesla sells the lease hence u get so many around the 35-45k miles.
So the ppl aren’t necessarily paying $50k for them… I fully agree on the suspension, my Model Y LR thats the 1st thing i didnt like, besides that i havent had any issue and you can fix things fairly easy… the 12V battery was low on my wife’s Model 3 and for $120 and 10mins literally it was changed.. uses a honda 51R battery so i javent found that theyre expensive, YET at least
I can't believe that dealership didn't unwrap it before selling it, especially with all of those rock chips in the wrap up front.
So much that the dealer could do to prep the car for sale here that wouldn't cost much. Even the suspension creaks - I'd be taking it to Tesla for a warranty repair.
Thank you Ben. I enjoy this series on depreciated vehicles. It would be interesting to see your take on a Dodge Challenger/Charger SRT Hellcat. According to Autotrader there are still over 1,000 of these new 2023 models. Several dealerships are attempting to pillage customers with a $50K markup. Unbelievable? Some dealerships have $10K discounts. That seems low considering that the floor financing is likely adding up quickly. Could you test a 2019 or 2020 since there are so many new 2023 models for sale?
Tired of watching videos from people who have average knowledge of cars
Insane Model Y Ben !! ❤❤
I know someone with a 75D model S and it looks and runs perfect. But the guy takes car of his cars and the Y you are showing in the video looks like its in shit shape.. so no wonder. Also, the last thing is when driving EVs you hear so much more road noise etc because of the car itself being silent.
Used F150 lightning please!
This dude rambles about crap with no factual backing. Check the depreciation on an m5 after 4 years with 50k miles or any other “luxury/sports” vehicle.
Issue about social media is that it gives everyone a platform even idiots
Yes drive a high mileage Tesla!
Only buy an EV if you love losing money
Yeah, but in exchange you get access to some very cutting-edge stuff in the world of EVs and vehicle assist functions. Credit where its due, Tesla did stuff with pushing the envelope with cruise control that was later trickled down to Honda Sensing and Toyota Safety Sense. But yes, those that think the self-driving is going to save them money versus flying a plane or just driving a cheap gas car or modern hybrid.
I'm the EV fanboy that still has a grip on reality and is not delusional about my ability to waste money. But damn is it fun getting that speed. Let's not undersell that??
Not sure what he’s getting at? It’s like he’s saying that his wife looks ugly, but she’s a great cook. 😂
It's call the Y model because WHY would anyone buy it??
It's not a bad car, and it's pretty cool. It's a privilege to overpay for this car, for sure. I'd rather have had a Prius Prime XSE Premium or PHEV tbh..
Toyota built a good looking purple Tesla for a electric car
You do a review on Honda crv see how much depreciate or how it held up 😂
@@minimalist0000 aren't they still doing markups today nothing change since then haha.
@@minimalist0000 oh really well I'm in Phoenix yeah they do marks up and some don't just gotta talk to the right people make it happen.
You get garbage when you buy a garbage can.
used tesla is a good value, just be people are greedy and trying to make up for what they spent on the car new.
The truth hurts and he is telling the truth. I purchased a new 2019 model three performance for 60K now five years later you can buy one for 28K with only 30K miles. For a comparison, let’s say a BMW M2 competition started off with the same MSRP as a Tesla for 60K, right now If you find one with 30 K miles, it will still cost you 50K. I will never buy a new Tesla or a used Tesla that has not lost 50% of his value already.
At least it's not a 2021 Model S Plaid! 130K brand new, now selling private party for about 60K.
Go drive a fiat or Renault or something and then come back and tell the build quality is not good, Tesla in my opinion keep improving i personally got rid of my BMW for a Tesla and while yes some things are better build quality wise, the car is brilliant way a head of its time, a glimpse into the future
All new cars take a 40% value hit the first year so tesla is no different lol
Depreciation on teslas are only bad if you bought yours during the peak of demand lol. I bought mine with the tax credits, and discounts, and 0.99 interest when they were thirsty for sales 😂
I’m sure Elon Musk is going to dislike this Video.😂
I’m all in on anything that Musk dislikes!
@@bobjakubik4381How very rational of you. It makes me wanna buy a Tesla even more.
@@BigBossIvan Exactly! My number one deciding factor when shopping for a car is aligning with the CEO's thoughts and ideas (end sarcasm). If that was the case, I never would have bought my 2018 Camaro SS 1LE! Some people are such lemmings.
Ben Slowly turning into Jesus Christ
He may have the look but he's too ignorant.
That is not what we are seeing in Europe
It's a sewing machine with wheels. 😂
Tesla depreciation is a major driving force...not sure why they did that to their brand...however they are better than most brand new vehicles. Would buy a Tesla over the majority of other cars on the road - new or used. IMO it makes not sense to shop for a 4 door ICE sedan anymore...EV or at a min a hybrid...
Thats why I'm leasing ... it's not worth owning.
The build quality sucks \
The good news is competition is coming and they will be able to use the super charger
That's not a 28000 car
BYD > Tesla
Do reviews on Tesla Model 3, X and S depreciation. I have a 2023 Model 3 LR and I'm sure it won't be worth much in 5-6 years. I just hope it holds up and does not need any major repairs until I can pay it off.
Is this guy or his viewers listening to what he is saying?
Constant Hypberolic contradictions, annoying and obnoxious, like the wrap on this car.
buy garbage you get garbage
I'd rather have a used camry.
Teslas are trash so…
I can't hear you back there, I'm already up to highway speeds.
My gosh what a horrible interior. The Mitsubishi Mirage has a more appealing interior. Could it be anymore bland and uninspired?
Ben you have been buried in all your recent purchases.
Model Ys don't get the EPA milage range of 330. No EVs do.
@@DrRussPhd that was always an ELON lie that people fell for.
@@XX-166 Yeah....they got slapped for that and had to be more conservative with that EPA estimate since 2024...
@@terrancecloverfield6791 ELON didn’t care one way or another and the company never took the time to certify the vehicles range before releasing them. Remember ELON wasn’t some genius in a basement that came up with this car idea.. he bought a company that had the ideas and vehicles already.
I want be watching your reviews on EV’s anymore because you give them a fair chance
Just being honest
@@quintonhorne5152 repeat that in ENGLISH
Only goons will buy an EV at it's current value.
I love my model y don’t know what model y you are driving.
Terrible reviewer. Waste of time to bother watching any other videos from this biased reviewer