--- title: "The Value of Used Cybertrucks Is in Freefall" description: "Used prices for Tesla's Cybertruck are in freefall, selling well below MSRP." date: "2024-11-23" modified: "2024-11-23" authors: - name: "Victor Tangermann" job_title: "Senior Editor" link: "https://futurism.com/authors/victor" url: "https://futurism.com/the-byte/value-used-cybertrucks-freefall" categories: - "Advanced Transport" tags: - "cybertruck" - "elon musk" - "tesla" - "the digest" --- # The Value of Used Cybertrucks Is in Freefall ![Used prices for Tesla's Cybertruck are in freefall, selling well below MSRP.]() *\Image: Getty / Futurism\* ## Fire Sale The value of used Tesla Cybertrucks is in freefall. As [*Jalopnik* results](), prices for the divisive truck are on a steady and steep downward trajectory, selling for far less than the manufacturer's suggested retail price (MSRP) on used car websites such as Bring A Trailer, signaling that the immense hype has died down considerably. The truck has quickly become a lightning rod, the physical embodiment of Tesla CEO Elon Musk's [abrasive personality and increasingly chaotic vibe](). Now [more than ever](), driving a Cybertruck has come to be seen as a political statement, signifying a willingness to spend six figures on an [issues-laden]() and [astonishingly delicate]() off-roader to make a point. The way prices are dipping, in other words, a MAGA hat might end up being a wiser long-term investment. ## Underdepreciated In one telling example, an owner sold their Foundation Series Cybertruck for a [mere $83,000 after just three months]() and 6,600 miles earlier this month, a considerable gap from the MSRP of close to $100,000. That's in stark contrast to what Cybertrucks used to go for. In February, a Porsche dealership in Florida spent a [staggering $244,000]() on one, more than double the price of a new Foundation Series vehicle. The truck has been mired in problems ever since first going on sale just under a year ago. It's been [recalled]() six times since then for a number of glaring issues, from [software updates that brick the entire vehicle]() while driving to windshield wiper motors that [fail to whip the monstrous wiper]() blade across the awkwardly large pane of glass. The unusual choice of stainless steel cladding for the vehicle has also proven to be a headache for owners, from [unpleasant surprises left behind by vinyl stickers]() to almost [impossible-to-remove blemishes](). There could be several factors that could explain the ongoing depreciation of the Cybertruck, including Tesla finally [catching up with demand](). But given its many pitfalls, the kind of [negative attention it draws in public](), and a [wealth of better alternatives](), those falling resale values probably shouldn't come as too much of a surprise. **More on the Cybertruck:** *[Thousands of Cybertrucks Recalled for Bricking While Driving]()* ## Author I've been at Futurism since 2017, where my role has evolved to encompass design, writing, and increasingly editing. I've always been fascinated by space exploration and advanced transportation, which I've leaned into by interviewing luminaries in those fields while closely following the dimensions of policy and regulation that allow next-generation projects to succeed -- or, sometimes, to fail. I'm also keenly interested in the effects of generative AI on society, policies, and democratic institutions, as well as clean energy, physics and biology, and the vagaries of tech leadership. My work for Futurism has been cited by publications including Ars Technica, Gizmodo, PC Magazine, Jalopnik, Fox News, and the New York Post. I spent my childhood living in locations including Manila, the Philippines, and Geneva, Switzerland, attended McGill University, and now live in Toronto, Canada. Before Futurism I worked at AskMen and a small photography studio. In my free time, I'm an avid gardener, foodie, and craft beer lover, as well as a maker of artisanal hot pepper sauces. I have a magnificent dog named Freida. ### Author social links [Bluesky]()