It wasn’t long ago that getting a Tesla Cybertruck meant either joining the queue or paying an enormous premium on the used market. Early examples routinely appeared with six-figure asking prices as buyers scrambled to get their hands on Tesla’s stainless-steel pickup.
Some transactions became particularly wild. During the height of the hype, Cybertrucks changed hands for well above $150,000, while one Cyberbeast Foundation Series famously fetched $262,500.
Two years can make quite a difference in the car market. Production has increased, the novelty has cooled, and buying a brand-new Cybertruck is considerably easier than it was during the initial rollout.
A recent Cars & Bids auction illustrates just how dramatically things have changed. A 2024 Cybertruck Foundation Series sold on September 11 for $65,000 after attracting 22 bids.
This Cybertruck Originally Cost Over $100,000
The original owner paid $101,135 for this dual-motor Foundation Series when it was new. That means its $65,000 auction result represents a drop of roughly $36,000 in only a little over two years.
It should be noted that this isn’t a pristine, low-mileage collector example. Its odometer shows approximately 58,700 miles, meaning the owner actually used the Cybertruck extensively after purchasing it new in April 2024.
The truck also has an accident on its Carfax report. It sustained front-end damage in a collision with another vehicle in August 2025, although the airbags didn’t deploy, and its front bumper was subsequently replaced by a certified Tesla repair facility.
It Has The Scars To Prove Those Miles
There are several other signs that this Cybertruck hasn’t spent its life sitting in a climate-controlled garage. Cars & Bids noted exterior chips, a windshield scratch, scratches around the bed liner and tailgate cover, buff marks on the driver’s side doors, and scratches on one of the front wheel covers.
The rear tires also need replacement. Those imperfections help put the $65,000 result into perspective, particularly when compared with cleaner, lower-mileage examples.
Otherwise, the truck remains unmodified and retains the equipment that made the Foundation Series desirable. That includes 20-inch Cyber Wheels, a panoramic glass roof, a power tonneau cover, power-adjustable front seats, an 18.5-inch touchscreen, and Full Self-Driving Capability.
You Still Get 600 HP
Underneath the stainless-steel body is Tesla’s dual-motor all-wheel-drive powertrain producing 600 horsepower. Electricity comes from a 123-kWh battery pack, and Tesla originally quoted up to 340 miles of maximum range for the Cybertruck AWD.
Performance is one of the truck’s stronger selling points despite the depreciation. Tesla’s unconventional pickup combines serious acceleration with four-wheel steering, steer-by-wire technology, and an 11,000-pound maximum towing capacity.
The Cybertruck Flip Era Is Definitely Over
The biggest reason those early resale prices collapsed isn’t difficult to understand. Scarcity allowed sellers to demand extraordinary premiums when the Cybertruck was new, while today’s buyers have considerably more choice.
Tesla’s current pricing also puts pressure on used examples, making it difficult to justify paying the enormous premiums seen during the truck’s launch period. A high-mileage example with an accident history naturally needs an even more attractive price.
Still, watching a Foundation Series Cybertruck that people were lining up for, ready and willing to pay through the nose, sell for $65,000 just two years later, is striking. Anyone who paid those early six-figure resale premiums might prefer not to check today’s classifieds.