How the New Tesla Price Drops Are Impacting Used Car Values in the UK (April 2025 Update)

Tesla has once again shaken up the UK market with fresh price cuts across popular models this April. If you’re a current Tesla owner, especially with a Model 3 or Model Y, this move could impact your car’s resale value sooner than you think.

🔻 What’s Changed?

Tesla recently reduced prices on several models sold directly in the UK. For example:

  • Model Y Long Range saw a drop of up to £2,000
  • Model 3 RWD now starts under £39,000 brand new
  • Discounts and incentives have also popped up on Tesla’s official site

While great news for new buyers, this shift can spell depreciation for those looking to sell.

Tesla Model 3 new price

📉 What Does It Mean for You?

When Tesla lowers new car prices, the used market often reacts quickly — especially with Teslas, where buyers track market trends closely. In the last two weeks alone, we've seen used Tesla valuations dip between £800–£1,500 depending on age, spec, and mileage.

If you’re holding onto your Tesla waiting for “a better time,” this could be the moment to act — before your vehicle’s value adjusts further downward.

📊 Real-World Example:

We recently valued a 2022 Tesla Model Y Performance with 22,000 miles. At the start of March, it was worth around £39,500. As of this week? Around £38,000 — a drop of £1,500 in just a few weeks, purely due to market pricing shifts.

Tesla Model Y Performance

💡 What Should You Do?

If you’re even considering selling your Tesla, it’s smart to get a quote now — not later.

Thinking of selling your Tesla before prices dip further? Click here to get your instant quote — no signup needed.

🛑 Final Thoughts

Tesla’s pricing strategy moves fast — and so does depreciation. Whether you're upgrading, switching brands, or simply testing the market, it's worth knowing what your Tesla is worth today.

Stay ahead of the curve. Get your instant quote now.

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