Yeah, this article says the 2023 price of a new Model Y was $48k, and then in 2024 it was worth only $33k used.

But in 2024 I bought a brand new Model Y for about $33k, after factoring in all the incentives/rebates. So if anything that $33k used price sounds high.

Reality is, prices came down a lot, and also depending on how incentives/rebates are factored in, the "sale price" might be fiction.

Same with other brands too. Back then you saw some companies like Hyundai claiming their EVs were really worth like $60k MSRP, and then turning around and leasing them for $300/month with $0 down. In some states people were leasing brand new EVs for $100/month with $0 down, or less.

Now with the federal rebate gone and states removing at least some of their incentives, the numbers might start to look a little more normal.