The trusted voice of the industry
for more than 30 years

Model 3s listed on the used market

Posted on 22 January, 2018

With the production of Tesla Model 3s significantly increasing, more and more early owners are going to used markets.  Last year when Tesla first started to produce the Model 3s, the electric car could reach up to US$150,000 on used markets. At the time only Tesla employees and company insiders could get deliveries.  In recent weeks, several dozen Model 3 vehicles have been making an appearance on eBay and similar platforms.  Most owners are going for a US$5,000 to US$10,000 premium on the original price of the vehicle which can cost between US$49,000 to US$59,000 under the varying configurations.  However, buyers may want to note that used electric car buyers are not eligible for the same tax incentives and rebates that some states and the federal government offer. Some states offer up to US$10,000 in incentives for select buyers.