Cybertruck Depreciation Disaster: 50k Over MSRP, Totaled, and Underwater?
A Cybertruck owner’s tale of woe is making waves. Paid 198k (including a 50k markup), totaled by an e-scooter, and offered 77k by insurance. Now 94k underwater. Is this a cautionary tale of market speculation gone wrong, or an example of insurance companies exploiting loopholes?
Where does the responsibility lie? Did the owner gamble recklessly, or is the insurance company lowballing? Is the current Cybertruck market really that soft? 77k seems low, even for a used model, considering the initial hype. What do YOU think is a fair market value for a used Cybertruck?
This story raises some serious questions. How will this impact Cybertruck resale values? Will we see more stories like this? Is the bubble bursting on the Cybertruck craze? Share your thoughts and experiences. Let’s discuss the future of the Cybertruck market.
Cybertruck Depreciation Disaster: 50k Over MSRP, Totaled, and Underwater?
A Cybertruck owner’s tale of woe is making waves. Paid 198k (including a 50k markup), totaled by an e-scooter, and offered 77k by insurance. Now 94k underwater. Is this a cautionary tale of market speculation gone wrong, or an example of insurance companies exploiting loopholes?
Where does the responsibility lie? Did the owner gamble recklessly, or is the insurance company lowballing? Is the current Cybertruck market really that soft? 77k seems low, even for a used model, considering the initial hype. What do YOU think is a fair market value for a used Cybertruck?
This story raises some serious questions. How will this impact Cybertruck resale values? Will we see more stories like this? Is the bubble bursting on the Cybertruck craze? Share your thoughts and experiences. Let’s discuss the future of the Cybertruck market.
- By Anonymous