A man took his one-year-old Tesla into a car-buying service to find out how much it's worth and was shocked to find out how much it was valued at, having owned it for not much time at all.
We all know how quickly cars depreciate over time, as they start losing value the second you drive it out of the showroom.
Unless, of course, you've stumbled upon a future classic that'll be worth a fortune in a few years.
It's quite hard to predict that though, so the majority of us mortals are left with cars that are worth next to nothing compared to what they were bought for after just a few years of use.
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But how bad is the downward trend? One content creator took it upon himself to find out with his own Tesla.
YouTuber Harley Perkins is known for his content on cars, vans, and motorcycles on his page, giving tips and car advice to new drivers on UK roads.
He made a short video documenting his trip to WeBuyAnyCar, a car buying services that buys vehicles directly from the public.
The content creator briefly explained that he's taken his Tesla Model Y to be valued, a year after splashing out £52,000 on the electric-powered SUV.
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Harley said that he'd done less than 15,000 miles in the car too, in a video that has since gone viral on social media.
The Brit noted that his car was selling for around £36,000 - £37,000 on AutoTrader, before revealing what WeBuyAnyCar valued his car at.
The inspector revealed that the car would be worth just £27,132, almost half of what he forked out a year ago for the American vehicle.
When asked about how he worked that out, the WeBuyAnyCar employee said that the car was rated a 'Grade 2', as 'Grade 1' means that a vehicle has no chips or blemishes on it whatsoever, which Harley's Tesla did.
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Viewers were shocked by the amount that the car was rated at, just a year after purchase.
Taking to the comments to share their views on the sobering truth, one wrote: "Over 2k a month loss, great way to lose money," while another added on the depreciation: "F**k mate, that's horrendous."
Others spoke about the programme being used by the employee to value the car and its potential lack of accuracy, while some blamed the drop in worth on the fact that it was an electric car, for some reason.
In case you missed it, cars depreciate - don't be surprised if you see a similar drop in your own wagon!
Topics: Tesla, Cars, UK News, Social Media
Joshua Nair