As some of you may know, Tesla has cut prices dramatically this year. I wanted to see just how big of a price drop it was compared to the beginning of the year - and see if any other models come close to these price cuts.
I sifted through historical data and averaged out the prices each model was selling for in January 2023, and compared it to the average price they're selling for today. All of the data you see in the table below is based on the average selling
prices including all rebates, discounts, or dealer add-ons (some of the vehicles were selling for above MSRP in January).
The important column to note is the % discount. This basically shows how much cheaper these cars have become today compared to the beginning of the year. The Tesla Model S has had an incredible 31.5% drop in price - that comes to a $38,000 price
drop. If you waited to buy a Model S since January, you saved over $4,000 per month!
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate
the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
If you have any tips or information that will help car buyers save money, please let me know so I can share it with everyone. Email Me Tips
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