Man took £52,000 Tesla to WeBuyAnyCar and thought employee ‘was joking’ with valuation
The owner of a £52,000 Tesla was left shocked after taking the car for a valuation on WeBuyAnyCar.
Whether it's a supercar, classic car, or a rusty old banger with a family of mice living in the engine block, WeBuyAnyCar do exactly what their name suggests, and one YouTuber decided to take his Tesla Model Y for a valuation.
Harley Perkins said in the short clip posted to YouTube that he had bought the Tesla brand new for £52,000. It had since had 20,000 miles racked up on the clock, and he described it as being in 'decent condition'.
The man giving the valuation seemed to agree with his assessment of the car's condition, with a few scratches and marks leading him to rate is as a two in condition, with this being the second best rating from one to five, one being 'showroom condition'.
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But while the condition may have been good, the price was not, with the valuer saying that WeBuyAnyCar would offer £20,847 for the vehicle.
This was £31,153 less than what Harley paid for it new, and meant that the Tesla had lost just under 60 percent of its value over its first 20,000 miles.
It's worth noting that WeBuyAnyCar aims to offer quick cash to buy the cars, meaning that their offers are likely to be on the lower end.
Nonetheless, Harley was left stunned by just how much the car's value had dropped.
"Oh my god. You have got to be joking. You feel like crying and laughing, don't you?" he said after the employee told him the valuation.
A WeBuyAnyCar spokesperson previously explained to LADbible their process for valuing cars.
They said: "Once a car leaves the showroom, it begins to lose value - typically up to 35% in the first year for petrol or diesel vehicles.
"This is higher still for EVs, which depreciate faster and typically have higher prices so more value loss through depreciation can be expected - in some cases up to 50%.
"Factors like age, mileage, service history, condition, and even the number of previous owners all influence its resale value.
"Teslas are currently depreciating quicker than most models, with some other market factors also impacting resale value.
"Depreciation can be a shock for some car owners, so it's important to always be aware of what to expect when you make that purchase. We have a guide on EV depreciation and how car owners can help ensure they retain as much value on their EV as possible.
"We recommend anyone looking to buy a new car, whether straight off the forecourt or second hand, do their research into how the make and model they’re interested in depreciates, as some are more impacted by this than others."
James Moorhouse