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It’s Impossible to Get Rid of a Tesla Cybertruck. I Want to Cut My Losses and Move On, but I Can't Give This Thing Away. I’ve Lost So Much Money Already; Help!

A Cybertruck owner shares his frustration following multiple failed attempts to sell his truck. After losing more than $20,000 in 2,800 miles, the owner says, “I want to cut my losses and move on, but I can't give this thing away.”

Sledder is a Cybertruck owner from Southern California and says that he has found it impossible to get rid of his all-electric truck.

The Cybertruck owner adds that he has posted his truck for sale on all car listing sites, but there are no takers.

Sledder also shares that over his lifetime, he has driven and sold over 40 exotic cars, and the Cybertruck is the one vehicle he is having the most trouble finding buyers for.

After multiple failed attempts to sell his vehicle, Sledder joined the Tesla Cybertruck group on Facebook to share his experience with fellow Cybertruck owners.

Sledder wrote…

“how can I sell my Cybertruck? It's impossible.”

Naturally, his post attracted many questions, including from fellow Tesla Cybertruck owners who were curious about the resell value of their vehicles.

The first thing people wanted to know was the specifications of Sledder’s truck, the condition, how much he drove it, and most importantly, how much he was asking to sell it.

In response, Sledder says he bought a Foundation Series dual-motor Cybertruck AWD eight months ago. However, despite being one of the earliest Cybertruck owners, he says he’s only driven the truck 2,800 miles.

In addition, the Cybertruck owner has put a matte black wrap over his truck which cost more than $5,000.

With California's 7.5% vehicle sales tax, Tesla’s $2,500 document and destination fee, and the wrap, Sledder has spent over $115,000 on his truck.

The Cybertruck owner listed his truck for sale for $89,000. He thinks this is a fair price and cheaper than 90% of other Cybertruck listings; however, he hasn’t been able to find a single buyer.

One major issue for Sledder here is that since Tesla started Cybertruck deliveries, the starting price for his vehicle has significantly fallen.

The same dual-motor Cybertruck AWD variant now starts at $80,000. However, starting in 2025, the vehicle qualifies for the $7,500 point of sale tax credit. This further lowers the starting price to $72,500.

Tesla is also now offering a $2,000 discount to anyone who applies a referral code when buying the vehicle. That further lowers the starting price to $70,500.

At this point, you can even add some of the features that come standard with the Foundation Series Cybertruck, such as FSD for $8,000, all-terrain tires for $3,500, Power Share equipment for $2,500, a white interior for $2,000, and other smaller items such as a mobile charger, all-weather liners, an under-seat storage bin, and so on.

Basically, if you added every optional extra that Tesla currently offers for the Cybertruck, given the $7,500 tax credit and the $2000 referral discount, the Cybertruck will still only cost around $86,000.

Mind you, this is a brand-new 2025 Cybertruck, which hopefully has addressed some of the early issues, including the six recall items. 2025 Cybertruck owners say the new vehicle is much smoother and quieter than the 2024 model year.

This means you can buy a brand-new Cybertruck straight from the manufacturer cheaper than Sledder is asking to sell his used truck.

It’s important to note that this excludes the price of the matte black wrap Sledder has put on his truck. Together with the wrap, Sledder’s price is slightly lower than that of a brand-new truck; however, it is only by a few thousand dollars.

Looking at his statements, Sledder also seems to understand that he hasn’t priced his truck aggressively enough to sell.

The remorseful Cybertruck owner, asked why he’s trying to sell the truck, writes…

“I've owned it for 8 months. It is depreciating like a rock. I have already lost over $20k in 8 months. I want to cut my losses and move on, but I can't give this thing away unless I lower the price to probably $79k. Sucks.”

If he sold his Cybertruck for $79,000, his total loss would be $35,000. A $35,000 loss after 2800 miles is definitely concerning; however, looking at the comments, Sledder might need to lower his price even more to get a buyer.

One Cybertruck enthusiast and current owner made him an offer, saying he wouldn’t mind getting a second truck for his kid.

Ryan Brenes writes, “I got $50,000 cash; I will take it off your hands. Best truck ever; what the heck, I will get one for my kid.”

Overall, we wish Sledder the best of luck; however, it’s looking like he will lose tens of thousands of dollars when he ultimately sells his truck. Please let us know if you have any advice for him. Share your ideas by clicking the red “Add new comment” button below. Also, visit our site, torquenews.com/Tesla, regularly for the latest updates.

Image: Screenshot from JD’s Wraps YouTube channel

For more information, check out: A Tesla Cybertruck Owner from Canada Shows his Truck Covered in Rust Spots Only 3 Weeks After Taking Delivery

Tinsae Aregay has been following Tesla and the evolution of the EV space daily for several years. He covers everything about Tesla, from the cars to Elon Musk, the energy business, and autonomy. Follow Tinsae on Twitter at @TinsaeAregay for daily Tesla news.

Comments

kendog (not verified)    January 6, 2025 - 12:42PM

What a misleading title. Sledder should've taken an economics class, along with the author of this article. Apparently they don't understand that a vehicle that expensive loses 20k the second you drive it off the lot. Probably a fake story anyway.

teslahater (not verified)    January 6, 2025 - 12:47PM

Yea, here's some advice: Boycott TESLA & Anything made by an elon musKKK company. he's a fascist con man who exploits suckers & fools

Private Person (not verified)    January 6, 2025 - 1:40PM

Anyone who has bought a Tesla of any model knows that they change retail prices on a whim. I have a friend who lost $20K in equity two weeks after he bought his S when they lowered the retail price as much. What has happened to this CT owner has happened to many others over the years. The fact he did not know Tesla prices go up and down so violently is on him. No sympathy for this stupidity!

sam smith (not verified)    January 6, 2025 - 1:58PM

I believe the truest and most accurate quote for this story is the one from P. T. Barnum:
"There's a sucker born every minute". HA HA HA HA HA

rtg (not verified)    January 6, 2025 - 2:11PM

Pretty easy decision ..Keep the truck. I'm sure you would come to love it someday . The choices back then were either a Cybertruck or Rivian. So glad we went with the latter.

Bella (not verified)    January 6, 2025 - 2:16PM

Sorry you were an idiot buying a ugly car at an unbelievable price to look good anta status symbol.
Car is ugly, does not hold up to the hype, may contain a bomb but terrible on normal road hazards.
Bought it, own it, cannot say sorry for you

SeattleR (not verified)    January 6, 2025 - 2:43PM

You bought a new vehicle, specifically a founders edition with a premium, knowing they were going to start selling a more affordable version soon. You are completely missing the common sense gene if you think this purchase would not lose value.

Try buying any other premium car, putting 20k miles on it, and expect it not to lose value. For someone that seems like they know cars, this appears to be clickbait article.

Curt mayer (not verified)    January 6, 2025 - 8:02PM

In reply to by SeattleR (not verified)

You bought the dual motor foundation series, that's about the stupidest 'investment' cybertruck. The only one with any collectable or resale value is the top line Cyberbeast. Lower trim levels always plummet in value on any car

Smitty (not verified)    January 6, 2025 - 2:59PM

Ok, so, a guy buys an expensive vehicle and now wants to sell it for an unrealistic price.

How is this a story

Privet Me (not verified)    January 6, 2025 - 3:15PM

It doesn't sound like Sledder can afford unproven shiny new toys. Never spend, more than you can afford to lose, on anything.

Phil (not verified)    January 6, 2025 - 3:38PM

The average car loses 10% of its value after it’s driven off the lot.

115k / 10 = 11.5 K.

Add 3k miles to it. A saturated market. A niche car.

Absolute non story.

Archer Crosley (not verified)    January 6, 2025 - 3:54PM

The magic secret is to keep lowering the price -aggressively. Lower it by $10,000 a week until it sells. It will sell.

Barb (not verified)    January 6, 2025 - 4:07PM

he's sledder! shear off the roof, put those wheels on runners, add a couple of jingle bells. rent it to towns, retail and organizations as a winter decoration. shear off the roof (again), and rent it out as a dumpster. you will have tipping fees. shear off the roof (yeah, seems to a constant) and use it as vegetable garden planter. save on household grocery bill!

john (not verified)    January 6, 2025 - 4:21PM

What a stupid article and clickbait title. The guy is trying to sell the car for $19K more than a new one costs and is confused as to why he cant sell? Seriously the answer is obvious. If you want to title the article cyber trucks depreciate fast, sure and talk about why that is go ahead. Trash article

Otto (not verified)    January 6, 2025 - 5:28PM

“It’s impossible to sell my truck”..
No, if your asking price was reasonable, it would have sold already. The real problem is that you paid too much for it.