Tesla Model S Selling For Lots of Money Used

Tesla Model S Selling For Lots of Money Used

Yahoo is reporting that the average selling price for a used Tesla Model S is "over $99,000."

Model S

Model S

Yahoo points to iSeeCars.com as its source for used Model S pricing info.

Phong Ly, CEO of iSeeCars.com, told Yahoo that the Model S "seems to be in great demand," which is perhaps why it's fetching a lot of money on the used market.

Of course, the Model S' price range from $60,000-ish to over $110,000 when new (dependent on battery capacity and options), so it's not like all these used Model S EVs have somehow gained value.

According to iSeeCars, the average mileage on used Model S EVs is 3,700 miles.  So, they're practically new anyways.

Source: Yahoo