Will the Cybertruck Drop to $35,000? Doug DeMuro's Bold Prediction Analyzed
Hey everyone, DennisCW here! If you've been following the Tesla Cybertruck market, you've probably seen prices starting to soften. A recent Cybertruck sold for $61,000 on Cars & Bids, and prominent auto influencer Doug DeMuro made a head-turning statement: Cybertrucks are knocking on the door of the $50,000s, and they'll hit $35,000 in 18 months.
Let's break it down. Doug, the founder of Cars & Bids, isn't exaggerating for hype—he's reporting market trends. But is this realistic? I actually predicted Cybertrucks would dip to $40-50k by now, yet they've held steady. Here's why:
Low Inventory is Key
Tesla isn't flooding the market. Check the inventory charts:
- Cybertruck (brown line) has the lowest inventory among all Tesla models.
- No massive $10-20k discounts like earlier this year.
Tesla's selling many to partner companies (thanks, Elon!), keeping supply tight.
Competitive Pricing Holds Value
- From $100k MSRP down to $80k, now $50-60k used.
- A Model Y Performance is $50k new—why not splurge on a Cybertruck instead? I'd pick the Cybertruck 6-7 times out of 10.
- Model S and X are pricier, making Cybertruck a "reasonable" luxury option.
(Imagine the brown line at the bottom here)
Lowest listed prices? Still around $70k. CarGurus data shows averages holding at $80k for months:
My Take
Demand for Cybertrucks in the $60-70k range is real. No inventory flood means no price crash—yet. Doug's $35k call? Bold, but possible if production ramps up.
What do you think? Shopping for a Cybertruck? What's your target price? Drop a comment below!
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-DennisCW
