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
Don't spend over a hundred…
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Don't spend over a hundred thousand bucks an a vehicle you don't want. Poor man logic is 10 $6000 cars will last you longer then one $60,000 car It's pretty hard to buy 10 lemons if you get them checked out before buying. Figure for $60,000 of cars you are proably going to get 1,000,000+ miles that's only $0.06 per mile you drive at the high end. But you buy a $115,000 vehicle and drive 250,000 mikes that's $0.46/mile. I am super cheap though. Before I buy a $6,000 car I also make sure it's tires are $60 each. If you are wealthy and want new cars just accept the fact that buying cars for anything rather than transportation needs is a not an investment and take the hit. Not hating. If I could afford to buy a $100,000 vehicle without it being a stupid commitment for my income level I probably would. We obviously are in two different financial worlds. Sounds like buying a used Cybertruck will be a pretty good value though. This article did not help your case. Lol
Perhaps you can rent it out…
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Perhaps you can rent it out on Turo; be sure to have insurance that covers using it that way.
That's why much technology…
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That's why much technology is called 'bleeding edge' and has a premium. If you don't want risks, wait for second or third generation, if there is one.
There are two things about…
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There are two things about this article that are not funny at all.
First, intelligent people, whether they can afford a Cybertruck or can't afford a used car, know that these things are junk. Tough luck, Sledder.
Second, you get all your news from Facebook.
Anyone that buys a cyber…
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Anyone that buys a cyber truck is a sucker and loser.
The very definition of a …
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The very definition of a "market price" is exactly the price at which you can sell an item. Any higher valuation is only a wish - an no one else cares about how you wish you could get more than that. Grow TF up!
NEVER BUY FIRST YEAR MODEL…
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NEVER BUY FIRST YEAR MODEL. IF YOU ONLY LEARN 1 THING FROM THIS STORY, LET IT BE THIS; YOU NEVER BUY A FIRST YEAR MODEL. NEVER.
I don't believe the article.
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I don't believe the article.
Bad decisions rarely lead to…
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Bad decisions rarely lead to favourable outcomes. If it was purchased after Musk started gaming Twitter, welcoming extremists back to the platform, or started praising leaders with 1939 Germany-era sentiments, I'd say his owner got exactly what they deserve...
I'd offer $38,000.
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I'd offer $38,000.
30 % depreciation in a year…
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30 % depreciation in a year is par for the course. You obviously bought it for prestige and curiosity! The truck is and was highly experimental. However, you've gotten over the hump, so keep it in your collection. Keep hand washing and polishing that wrap! In 5 years you can rent it on Turo or Uber autonomously, for investment!
I will buy your cyber truck…
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I will buy your cyber truck if price is reasonable, personally I think you are being disingenuous.
News flash, the wrap that…
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News flash, the wrap that was totally unnecessary will drive down the value as well. It certainly is no surprise to see that common sense and new toys still do not have common ground. Crying that he "cant give it away" doesn't play if he is asking more money for it than it's worth.
Car buyers don't ever value…
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Car buyers don't ever value accessories, and you're not getting the tax and fees back. And keep in mind that cars usually lose 20% of their value as they become "used" instead of "new", people don't get new car money back usually. So basically he's trying to sell a used $80k AWD Cybertruck for almost $90k. And new buyers can get a $7,500 tax credit, vs a $4k tax credit for a used car, which slants things against him further. If he charged less for it than people can buy a new Cybertruck, by the usual discount for used than new, it'd sell. His claim that "he can't give it away" is absurd, he's asking more for it than market value. And he's looking at listings, which aren't sales, they're what others are trying to sell for.
I came here looking for a…
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I came here looking for a red-hot bargain, what I found is a dufus who he thinks he can sell a used car for the price of a new car. I bought a new Blazer EV - only one issue made me want to return it - lack of charging stations, unlike Tesla which has plenty, even up here in the 51st.
Of course you can’t get rid…
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Of course you can’t get rid of the truck, you bought into a cult when you purchased it!
Auction it off after sending…
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Auction it off after sending it to one of those famous custom shops. Create value.
My only advice for others…
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My only advice for others considering any Tesla model is, “you can’t mostly fix it yourself.”
Pagination