Tesla Model S Plaid suddenly got really cheap in America and this man explained why
- This YouTuber was loaned a Tesla Model S Plaid
- He noted that this model had been getting cheaper in the US recently
- The reason this has happened may come as a surprise
Published on Apr 14, 2025 at 12:58 AM (UTC+4)
by Ben Thompson
Last updated on Apr 10, 2025 at 2:42 PM (UTC+4)
Edited by
Ben Thompson
The Tesla Model S Plaid has gotten really cheap in America and this man explained why.
YouTuber Gjeebs picked up a Plaid as a loaner car and noted that it was ‘very low value’.
Despite the low cost, the car still had a ton to offer.
But it raised the question – why was it going so cheaply?
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Why has the Tesla Model S Plaid gotten so cheap?
The Model S Plaid may not be the most glamorous of EVs out the on the market, but it’s held its own over the years.
It’s something of a dark horse, as demonstrated by it beating several cars in races, including a Xiaomi SU7 Ultra and a Bugatti Veyron.
Even when put up against a McLaren 750S in a drag race, it held its own.
So why has the Plaid suddenly gotten cheaper?
Gjeebs was on hand to explain.
Usually, the Model S Plaid would go for $94,990.
However, depreciation meant that the value could now be south of $50,000.
“It’s excellent, it has really nice ride to it.
“There’s one in Scottsdale [Arizona] going for $48,000, with not a lot of miles.
“Some of them have under 10,000 miles,” Gjeebs said.
There are some things about the model, though, that limit its resale value.
For a start, this particular car has some quality issues with the build, such as creaky panels or noisy handles.
However, these are largely cosmetic, and could be easily fixed.
The biggest issue – technology moves on quickly
It’s an obvious statement, but technology is a fast-moving beast.
What may seem innovative and groundbreaking this month may be written off as outdated by next year.
When the Plaid hit the scene in 2022, it was considered bold and new.
It’s certainly not antiquated, but it does lack features that came in vehicles after this point, including round steering wheels, Hardware 4.0, and updated infotainment features.
So it’s not down to damage or high mileage that the Plaid’s price has dropped.
It’s simply a natural drop in resale value, as newer models are released.
In a few years, the Plaid will likely have a rebound as it crosses over into the classics category.
To see Gjeebs explain this phenomena for yourself, head over to his YouTube channel.
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