The Tesla Model S, ranked tenth overall, but sixth among plug-ins on the list with an on-the-lot period of 26.1 days. iSeeCars stated:
“Tesla’s popularity, along with the scarcity of the Model S on the used car market, is probably driving prices up while cars continue to sell quickly.”
Our research indicates this to be accurate. Used Model S sedans are often in short supply and sometimes a substantial price drop for CPO Teslas creates a boom in sales. Who doesn’t want a $120,000 car for $40,000 – $50,000?