Tesla & EV Prices Crashing in 2025: The Tsunami of Lease Returns & What to Do Now
Hey everyone, Dennis here from DennisCW! If you've been following my streams or videos, you know I love diving into Tesla deal hacking and spotting the best opportunities in the EV world. Today, based on the latest data and trends I covered in my recent stream, we're looking at why Tesla and EV prices are poised to crash this year – both new and used. There's a massive wave of supply hitting the market, fierce competition, and economic headwinds. If you're thinking about buying, selling, or holding, this is your heads-up.
The Big Data Point: 1.1 Million EVs Off Lease
One of the most eye-opening stats comes from value analyst reports: a tsunami of 1.1 million electric vehicles coming off lease soon – that's 20 times larger than the current used EV supply! Remember those ultra-cheap leases from a few years back ($99, $299, $499/month)? Those vehicles are now returning to manufacturers like Tesla, BMW, Kia, and flooding the used market.
This flood means:
- Used EV prices will plunge in 2026-2027.
- Buyers will ask, "Why pay $40k-$50k for new when a 3-year-old one is $20k-$30k?"
- Pressure on new car prices across the board, including Tesla.
We're already seeing 0-0.99% financing on new Teslas, but expect more incentives in Q2-Q4 to move inventory.
Pro Tip: If you're locking in 0% financing, use my Tesla referral link for 3 months of Full Self-Driving (FSD) free!
Used Tesla Prices: Peak Now, Crash Soon
Check out CarGurus pricing trends – used Tesla values have skyrocketed over the past 3-6 months. What goes up must come down.
- Don't buy used Teslas right now. Wait for the dip.
- Sell now if you own one! Values are at all-time highs. My partner Plug is giving offers $3k-$6k higher than competitors, with quotes in 15 minutes and purchase in 2 days – even beating trade-in tax credits. Get your offer here.
Headwinds for Tesla & EV Competition
Tesla faces extra challenges:
- FSD scrutiny: NHTSA investigating if FSD alerts drivers in time to prevent crashes. Lawsuits are piling up.
- New rivals: Rivian R2 (Q3/Q4 2025), Lucid models, BMW i3 (440-mile range) & SUV, and Tesla's own Cybercab starting production (~$25k-$30k).
Plus, the economy, wars, and the end of the $7,500 federal tax credit mean incentives galore ahead – think 0% APR + free Supercharging + $2k-$3k credits.
Tesla's "We, Robot" Event: Wild Visionary Future
Elon dropped bombshells at the Tesla "We, Robot" event (Tesla + SpaceX + xAI collab for multi-planetary exploration):
- Humanoid robots produced at 1-10 billion units/year (10-100x car volume!).
- SpaceX rockets for transport, xAI for space-efficient computing.
If you're a Tesla/SpaceX/xAI shareholder, this is music to your ears. Watch the full recap.
Cybertruck Updates & Hacks
- Patent for battery trailer: Extra range for long hauls?
- Light bar fix: New side brackets to keep it secure.
- Rear seat hack: Attach a carabiner to the hard-to-reach pull tab – genius and easy!
Cybertruck deliveries? Foundation Series AWD/Premium ramping up, but cheaper models ~April-June 2025 (not 2027).
Accessories I Love:
- Jowua center consoles/phone mounts – Use DENNIS5 for discount + free shipping.
- 3W all-weather mats – DENNIS35 for 35% off (lifetime warranty).
- EVJ safety connector – DENNIS for 30% off (protects at Superchargers).
Hot Used Market: Model X Leads
Surprise! The Tesla Model X is the fastest-selling used Tesla (23 days on market, per iSeeCars). With S/X production ending Q2 2025, families are snapping them up before discontinuation.
Sell yours via Plug – link above.
Rivian Lease Changes
Rivian killed their $699/month cheap lease – now $899+. Making room for R2? Use my Rivian referral.
Resources to Save You Money
- Delivery Checklist: Inspect your new Tesla like a pro.
- Insurance Rate Survey: Crowdsourced data by state/model/provider. CA avg: $223/month. Submit yours!
Our fam pays $400/month (Costco) for Cybertruck + Y Performance + beater 3 (liability only).
Final Thoughts
Sell high now, buy low later. EV market shifting fast – position yourself right. Drop a comment: Buying, selling, or waiting?
Thanks for reading! Hit like/subscribe on YouTube for daily streams/giveaways. Check my Discord for live updates.
Drive safe, Dennis
P.S. We gave away a Tesla Lunar New Year robot figure live – more coming!
