As they say in Texas, it is all hat and no cattle.

Typically one might expect a pickup to retain about 65% of the value after three years where as the Cybertruck seems to have lost about 65% so that is clearly a thing. I'm not really surprised though.

If we say a used three year old Cybertruck goes for $58k (per the article) and compare what we might get in the same class for that money it is a wonder that they can sell any.

For example almost any 1 year old full sized ICE pickup or even an F-250 Godzilla or Ram 2500 Cummins go for the same price. Hell for $60k you can be looking at a fully loaded 2026 Raptor if you don't need a big bed.

Why would anyone pay more that 45k for a used Cybertruck? At the moment the cheapest one I see on Carfax is asking 58K and ALL of them under $70k have Buyback/Lemon Titles. Who in their right mind is going to spend $60k on a certified lemon?