The number of Tesla Cybertruck units available in the ‘used’ electric vehicle market continues to grow, and their price tags are substantially higher than the MSRP.
Cybertruck reselling attempts continue to increase
Many “used” Tesla Cybertrucks are basically new units or nearly new, highlighting early owners’ attempts to flip the electric pickup.
Popular car shopping site CarGurus currently displays more than 140 used Cybertrucks for sale in the United States. Meanwhile, Kelley Blue Book has approximately 125 used Cybertrucks listed on its platform.
Most of these Cybertrucks have very low mileage, ranging from sub-100 to 500 miles. Despite being listed in the “used” market, interested Cybertruck buyers must not expect a bargain.
Price disparity
According to Tesla’s official website, new Cybertruck units have 2025 availability and/or delivery dates. Therefore, Cybertruck customers who refuse to wait a long time can acquire one from the used market, but for a premium price.
In addition, the first batch of delivered Cybertrucks are apparently higher-trim units.
For context, a new rear-wheel-drive Cybertruck has a base price of $60,990. The all-wheel-drive variant starts at $79,990, while the top-tier Cyberbeast costs $99,990.
On the other hand, used Cybertruck prices are all over the place. Some resellers even demand up to $180,000. However, most prices range from $120,000 to $160,000.
Tesla’s efforts to mitigate Cybertruck flipping
Tesla tried to dissuade early Cybertruck owners from reselling their electric pickups through its no-resale clause. However, the effort did not seem to stop the reselling attempts.
Apart from introducing an anti-flipping clause, Tesla even banned some owners who listed their Cybertrucks in the used market.
Nonetheless, it did not prevent early owners from generating huge amounts of profit. It may soon change as Tesla ramps up deliveries. In April, Tesla built just short of 4,000 units since November last year. It also recently announced the production of 1,000 Cybertrucks in a week.
It is indeed interesting to see how many aspiring Cybertruck owners are willing to pay a very premium price for the Tesla electric pickup just to avoid the long delivery wait time. To avoid such flipping attempts, Tesla must further intensify the production ramp of its Cybertruck to meet the growing demand. However, it may be challenging for the Musk-led company as it lost its head of Cybertruck manufacturing on Monday.