Used Teslas aren’t as expensive as you might think, especially with the company’s recent price cuts on its new models.
This photo provided by Edmunds shows a line of parked Tesla Model 3 and Model Y vehicles. The shopping and research process when buying your first used Tesla can be more involved than what's required for a typical gas-powered car. It’s a good time to be in the market for a used Tesla. Tesla’s significant price cuts over the past year on its new cars have caused the prices of used Teslas to drop significantly.
For the Model 3 and Y, the base single-motor model is usually called Standard Range or Rear-Wheel Drive. It offers the least range and power. In the middle is the Long Range model, which typically has dual motors for all-wheel drive, more power and the longest range. The top Performance model also has two motors and boasts the most power, but it has less range.
What happens when you’re looking at a used Tesla and you’re not sure what configuration it is? There’s a menu you can bring up in the vehicle’s touchscreen that will tell you. If you can’t see the vehicle in person, you can input the vehicle’s VIN into theto look up the vehicle’s basic specs, such as its model year and whether it’s a single- or dual-motor.All Teslas come with a four-year/50,000-mile factory warranty.
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