When Should I Sell My Tesla For Highest Profit? The Guide for Owners from The Insider

You have been racing down roads, showing pals “Lasant Mode,” and now you are considering Sell My Tesla. The point is that time makes a mountain of difference. Sell a week too late or too early and you can find four figures flying out the window. Get ready; if optimizing your profit counts, both small details and major trends will be your copilates.

Like all cars, Teslas lose value but not necessarily in line with expectations. Sometimes a high-profile recall or a hot new program update causes the resale market to swing over night. Perhaps even more impressive than more recent rivals is that Model 3 you drive Actually, after three years, Teslas keep between 60 and 65 percent of their value, according to Kelley Blue Book. Experiment with matching that with a fancy automobile running on gasoline.

You are on the correct path if your thoughts have been on supply and demand. Used Tesla prices shot sky during chip shortages and manufacturing delays. Some owners earn from reselling models just one year old! But things change quickly—Elon tweets something, a new Model Y leaks, governments dabble with EV subsidies, and the market turns 180.

Search for a lighthearted insider tip here. March, June, September, December—end-of- quarter months—can provide an advantage. Dealerships and private purchasers rush to satisfy quotas or locate inventory, therefore improving your potential price. It’s also wise to look ahead at significant Tesla events on the schedule. Announcements of new features have instantaneous effect on demand.

Mileage count. Try to sell before your automobile passes one of those psychological benchmarks—say 30,000 or 50,000 miles. Lower-mileage Teslas are reasonably priced, and purchasers enjoy the concept that their next road trip does not start with a visit to the repair facility.