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!
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.