MassX1317
Addicted to TMC
My Toyota Highlander depreciated around $11k in 5 years, close to a 100k miles. I traded it in for around $19k.My Tesla Model S depreciated around $35-40k in 1 year, close to 30k miles. I was offered about $60k for a trade.The original poster was only offered $18k more for a Tesla with half the miles and 3 years newer than my Highlander. My Highlander was $60k less than the Tesla.Obviously expensive cars depreciate faster but there is no way Tesla/Autonation should be offering only $18k difference between my Highlander and this guys Tesla. That's terrible residual value on the Tesla.