Tesla owner stunned by massive one-year value drop

January 2, 2026 by salah

The offer: £27,132 – roughly $36,700 USD. This figure represented a drop of nearly £25,000 from the original purchase price.

Asked to justify the valuation, the employee explained the Tesla was graded as a ‘Grade 2’ car. That means it had a few blemishes – but “no chips,” the evaluator said – as only a ‘Grade 1’ vehicle is considered to be in perfect showroom condition.

Teslas depreciate quicker than most models

A spokesperson for WeBuyAnyCar told the Express: “Once a car leaves the showroom, it begins to lose value – typically up to 35% in the first year for petrol or diesel vehicles. This is higher still for EVs, which depreciate faster and typically have higher prices so more value loss through depreciation can be expected – in some cases up to 50%.

“Factors like age, mileage, service history, condition, and even the number of previous owners all influence its resale value. Teslas are currently depreciating quicker than most models, with some other market factors also impacting resale value.”

WeBuyAnyCar continued, “Depreciation can be a shock for some car owContinue reading…