Used Tesla Model 3 Becomes The Best-selling Model In The United State
The Tesla Model 3 is presently the best-selling model in the used automobile market in the United States. It is quite popular, with some vehicles selling for more than new cars.
The chip scarcity problem that has been plaguing the automobile sector has slowly migrated to the used car market. Due to production constraints, purchasing a new car may become extremely difficult at this time. As a result of this predicament, many consumers have turned to the used automobile market. However, used automobile inventories are also at an all-time low.
In comparison, Tesla second-hand electric automobiles have a lower selling price.
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To encourage the usage of electric vehicles in the United States, the US tax credit policy provides that buyers would receive a $7,500 tax credit after purchasing a new electric vehicle. However, once a certain automaker delivers 200,000 electric vehicles in the United States, the manufacturer electric vehicle tax credit will be phased away over the next four quarters. Tesla electric vehicle deliveries in the United States have surpassed 200,000, and consumers no longer receive a tax advantage when purchasing new Tesla automobiles. As a result, when these cars become used cars for sale, their prices will not be inexpensive.
Tesla used car pricing are not cheap, the lack of car chips has resulted in limited deliveries of electric cars, according to the automotive market research portal iSeecars. Tesla electric cars continue to be the best-selling products on the market, particularly the Model 3 used automobiles.
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According to the latest information from iSeecars, a used Model 3 may be sold in an average of 16 days, which is roughly 4 days faster than the second-best-selling Mitsubishi Outlander.
On September, the Tesla Model 3 and Mitsubishi Outlander rated first and second, respectively, in the US used car best-selling list, with the Toyota Prius (PRIUS) third, Honda Insight fourth, Mitsubishi ECLIPSE CROSS fifth, and Tesla Model X eighth.
The Model 3 new vehicle market currently starts at US$42,000, but its second-hand car sells for US$47,400, which is significantly more than the Outlander (US$20,849), which is currently ranked second in the second-hand best-selling list. The price of a used Model X is US$80,636.
