Used 2026 Model Y Performance cars with just 4,000 miles are fetching $55,700 to $59,000 on CarGurus while brand new ones start at $57,990.
These insane Model Y Performance prices prove the market is upside down right now. I watched the auction footage and the CarGurus listings side by side, and the pattern is clear: low-mileage examples are routinely priced above what Tesla charges for a new one with free colors and white interior.
Model Y auction prices tell the real story
The 2026 Performance model that just hit the Manheim auction had white exterior and white interior. Bidding pushed it well into the mid-50s even with only a few thousand miles. That same car is listed on Tesla’s site today for $57,990 with delivery in late 2026. The math is simple: why pay auction or dealer premiums when you can order fresh from the factory?
I keep seeing the same trend across listings. 1,600-mile cars at $58,900. 6,000-mile cars at $59,000. These Model Y auction prices are not deals; they are warnings.
New vs used Model Y Performance
When you order new, every color is free and you get the latest build. Used buyers are paying the same or more for someone else’s miles and potential wear. That is why I keep saying don’t buy used Model Y right now.
The transcript from the video shows exactly this gap. Tesla’s configurator undercuts almost every private or auction listing for the Performance variant. Add the fact that new cars come with full factory warranty and the choice makes itself.
Tesla Model Y overpriced deals to avoid
Any 2026 Performance under 10k miles listed above $57k is an overpriced deal. The auction examples in the video prove buyers are competing against each other and driving prices past the new-car sticker. That is the opposite of how depreciation usually works.
I have said it before and the numbers back it up again: these insane Model Y Performance prices are temporary insanity, not the new normal.
My take
Skip the auction and CarGurus markups. Order the new Model Y Performance directly and save yourself both money and hassle. The data from the video is too consistent to ignore.
For the full breakdown with all the screenshots and auction clips, watch the video here: https://youtube.com/watch?v=czUsJ-8CZtc
More details on why these prices are unsustainable are in this post: https://denniscw.com/blog/insane-model-y-prices-dont-buy
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