Several Former Tesla Cybertruck Owners Share The Staggering Amount of Money They Lost When Selling Their Trucks – “$30,000 Gone in 2 Months”

A number of Cybertruck owners have opened up about how much money they lost when they sold their all-electric trucks. This discussion amongst the former Cybertruck owners took place on the Cybertruck Owners Only group on Facebook.

The whole thread started when Dave Peck, a Cybertruck owner from Hilton Hill, South Carolina, posted his truck for sale on Facebook.

However, rather than trying to sell the vehicle on Facebook Marketplace, Dave instead went to the Cybertruck Owners Only group to find buyers.

Here is what Dave wrote: “Anyone interested in buying a Foundation Series Cybertruck? It has 6,200 miles on it. I'm selling it because I want to get the Cyberbeast. If you’re looking for a Foundation Series variant, I can make you a pretty good deal on this one. Thanks!”

Below his post, Dave added a picture of his All-Wheel-Drive Foundation Series Cybertruck looking polished and clean.

Everything is normal up to now. However, what was surprising was that rather than a flood of interested buyers, Dave’s post was overrun by other Cybertruck owners who have already sold their trucks or are in the process of offloading the vehicle.

The highest-rated comment below Dave’s post is from Jeff Helm, reading: "I have a tri-motor Cyberbeast. It’s posted for sale on Facebook Marketplace.”

When people try to sell a Cybertruck truck online, the comment section inevitably devolves into arguments about how much the vehicle is worth secondhand, which also happened here.

As for Dave, he says, “The Foundation Series Cybertruck All-Whee-Drive sells for $102,000 New. I was thinking $90,000 was fair.” 

To add more color, Dave did not pay $102,000 for his Cybertruck. He bought it used. However, more disappointingly, he bought his Cybertruck used at 5000 miles for $110,000.

However, after only driving his truck an extra 1200 miles, Dave decided to sell his Cybertruck for a $20,000 discount. This is surprising.

Dave writes, “I paid $110,000 with 5000 miles on it. That’s the honest truth. It came with tinted windows. It’s in perfect shape. It looks like they are $102,000 new. I’ll do $90,000 firm on it.”

However, despite Dave believing $90,000 was a fair price, people in the comments started to downbid him. Some even offered as little as “$70,000 cash.”

Initially, the Cybertruck fans defended Dave, suggesting that $90,000 was too low and that he should sell it higher, preferably to a dealership.

This is where the back-and-forth between Cybertruck fans and detractors erupts. Surprisingly, former Cybertruck owners come on the side, arguing that $90,000 is too high for a used Cybertruck.

As mentioned above, Cybertruck fans where advising Dave to go to a dealership to get higher price for his truck.

Jed Hart, for example, wrote, “$90,000 is very fair. You may want to go to a dealer. They are paying above $90,000.”

Another group member writes, “Just saw one sell for $92,000 in Florida with 4900 miles. Don’t listen to the trolls who don’t know what firm means.”

At this point, you might think Dave could get a higher price if he sold his truck to a dealer; however, former Cybertruck owners say otherwise.

Donald Hansen responded, “I just sold mine to a dealer for $88,000,” suggesting Dave’s $90,000 ask might be a bit higher than what the market is willing to pay.” Having said that, Donald did not share any of the specifics about his truck, making it impossible to make a comparison.

However, another former Cybertruck owner, Soman Panicker, chimed in with his own experience. Soman’s story gives more credence to the argument that $90,000 for a 5600-mile Cybertruck might be too high.

Here is what Soman wrote…

“I sold my Cybertruck for $88,000. That is a very bad appraisal. It only had 2930 miles. Almost $30,000 gone in two months.

My Cybertruck was wrapped with vinyl. Even Tesla did not want to trade it in for a Model X Plaid. They said that since it’s a new vehicle, I have to wait until next year.

No other dealership was interested in buying it except Lexus. It's not a user-friendly car for a petite person. The retail price is very, very bad!”

Below Soman’s post, other current Cybertruck owners piled on, soliciting buyers to take their Cybertrucks. Overall, it appears that Cybertruck resale prices have officially fallen below the $90,000 mark.

As for Dave, he says he has found two buyers who are already willing to pay him $85,000. This was in response to a group member who offered to pay $80,000 and suggested that Dave should sell his truck now or else he wouldn’t find a buyer for $70,000 next month.

Dave responded by writing, “Right on, brother. I’ve got two $85,000 offers right now, so I’m going to pass on your offer of $80,000 and holding off on $70,000 in a month advice as well. I’m actually waiting to hear back on a full-price offer in the morning.”

Overall, it’s surprising to see people losing over $30,000 on a two-month-old Cybertruck. However, do let me know what you think about Cybertruck resale prices. 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: Courtesy of Tesla, inc.

For more information, check out: I Got Into an Accident Driving My Tesla Cybertruck; My Airbags Didn’t Even Deploy, Whereas the Other Vehicle was Totaled

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.