Man buys 2021 Tesla Model Y Long Range for $54,190 and sells it for almighty drop in price nearly 50k miles later

A 2021 Tesla Model Y Long Range that just went through an auction revealed how sharply electric vehicles can depreciate.

Despite being futuristic, fast, and one of Tesla’s most popular models, this example sold for less than half of what it cost new.

With nearly 48,500 miles on the clock, the final hammer price came in at just $24,888.

While it was a steal for the buyer, it was a stark reminder of how quickly EVs can lose value for the seller.

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This 2021 Tesla Model Y Long Range was a daily driver

Originally purchased new for $54,190, this 2021 Tesla Model Y Long Range AWD wore a Midnight Silver Metallic finish beneath a Satin Dark Gray wrap, paired with a black interior.

It came with 20-inch Induction wheels, LED lighting, a panoramic glass roof, and Tesla’s Premium interior package.

The previous owner also added aftermarket details like wheel spacers, Tesla puddle lights, console trays, and a trunk lid handle.

Still, wear on the seats and trim, plus a ding on the passenger-side rear door, confirmed this was a daily-driven car, not a collector’s piece.

EVs age more like tech products than traditional cars

Performance remains a strong point.

This 2021 Long Range AWD variant uses dual electric motors and a 75kWh battery pack to produce 384hp and 375lb-ft of torque.

This is good for a 0–60 mph sprint in under five seconds when new, although the newly updated version can do the same in just over three seconds.

Its EPA-rated 326 miles of range has likely dipped somewhat after nearly 50,000 miles, but it still offers impressive capability for the price paid.

Scoring that level of performance for under $25,000 is difficult in today’s EV market.

In the end, this sale underscores a larger trend: EVs age more like tech products than traditional cars.

As battery technology improves and newer models arrive with better range and faster charging, older Teslas risk sliding down the value ladder quickly.

Buyers may rejoice at these deals, but sellers are learning the hard way that EV resale values can be unpredictable.

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