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

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

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

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

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

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

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

making those already on the market more desirable. Ultimately,

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.