Tesla Model 3 Is Pricier On The Used Market Than New, What Gives?

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When it comes to the Tesla Model 3, one of the most popular electric cars on the market,

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prices on the used market are often more expensive than brand new vehicles.

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This begs the question, what gives? It can be explained by supply and demand:

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Tesla has a limited production rate which means there’s less of them available to buy used compared to other makes and models.

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With high consumer demand for Teslas, used cars that come up for sale tend to get scooped up quickly with little regard for cost.

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Additionally, many consumers purchase a new Tesla expecting their resale value to increase in time -

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making those already on the market more desirable. Ultimately,

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if you’re interested in getting your hands on a Tesla Model 3, don’t expect to save money on a used one - chances are you may have to pay more.

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