Utah man takes Tesla Cybertruck to CarMax for appraisal and gets a 'shocker' of an offer that has him walking away laughing in disbelief
Key Points:
- A Utah man took a green-wrapped Tesla Cybertruck with about 3,000 miles to CarMax for an appraisal, expecting a high offer due to the vehicle's rarity and hype.
- CarMax initially struggled to process the appraisal since the truck wasn’t registered in the man's name, but eventually offered $76,000, which surprised the man as it was lower than anticipated.
- Despite initial disbelief, the $76,000 offer was actually strong compared to current market values, with Kelley Blue Book estimating a 2024 Cybertruck AWD’s resale value around $72,600 and trade-in value near $69,200.
- Tesla has introduced cheaper Cybertruck versions, and the new starting price is about $76,800, making the CarMax offer close to current private sale values and potentially a good deal depending on condition.
- The case highlights how the Cybertruck’s market value has shifted and that initial appraisal offers may be more reasonable than some owners expect.