The Latest Low-Mileage Tesla Cybertruck Up for Auction
Are you in the market for a Tesla Cybertruck? Well, another low-mileage model is up for auction at Mecum Auctions this weekend. While recent Cybertrucks have sold for over $250,000, it’s uncertain if this particular model will reach the same price point.
Desirable Foundation Series Model
This Cybertruck is a coveted Foundation Series version with only 13 miles (21 km) on the odometer. Although it could potentially sell for over $200,000, recent sales indicate a correction in the market after two Cybertrucks sold for $195,500 and $189,000.
Flipping for Profit
Owners who secured an allocation for the Cybertruck Foundation Series model paid around $120,000. With high demand for the first Tesla pickup, many are quickly flipping their vehicles for a profit.
Tesla’s Stance on Flipping
Despite Tesla’s clause prohibiting flipping in the sales contract, individuals are still selling their Cybertrucks. Tesla requires owners to request a buyback before selling on the open market, threatening a penalty of $50,000 or the sale value if breached.
Upcoming Auction Details
The Cybertruck up for auction remains stock, as Tesla does not offer paint options for this model. Visit Mecum’s website for more information on this unique Cybertruck hitting the auction block.