It was about time. The first Cybertruck, apparently cleared for sale by Tesla, has been listed on an online auction website. The seller claims that he has the documentation to prove it. With three days left to go, this Cybertruck is the most affordable on the used car market so far.
To avoid car flipping after all these years of waiting, Tesla introduced a no-resale clause in the purchase contract that all Cybertruck owners must comply with.
Otherwise, the carmaker may seek injunctive relief to prevent the transfer of title of the vehicle or demand liquidated damages from the seller in the amount of $50,000 or the value received as a consideration for the sale or transfer, whichever is greater.
Whoever wants to sell the Cybertruck they just got delivery of must first notify Tesla in writing of their sale intention and give the automaker time to buy back the vehicle at the purchase price listed in the Final Price Sheet minus $0.25 per every mile driven. This means that, for a Cybertruck with 10,000 miles on the odometer, $2,500 should be subtracted from the price.
However, Tesla may refuse to buy the Cybertruck back. If the owner wants to look for another buyer, they must first receive Tesla's written consent before listing it for sale. And it seems that this owner has it, even though he failed to show the documentation he claims he owns despite people asking for it repeatedly.
Photo: Cars and Bids
It might be true, though, considering that this is by far the most affordable used Cybertruck ever listed for sale. With three days to go and 15 bids placed on Cars and Bids, it hit $150,500. If he were to pay the $50,000 financial penalty that Tesla asks for in case of resale, he would not even be able to cover it, not to mention make a profit.
The Tesla Cybertruck Foundation Series, the only one that the automaker is currently delivering, is a $120,000 affair. Of course, there is still time for a staggering final bid. But things seem to be going slow.
What do you get for the money?
For whatever the final price will be, the next owner of this Cybertruck will get the vehicle with all-wheel drive. The odometer currently shows only 70 miles, so we are literally dealing with a brand-new model with little over the delivery mileage. The model was delivered to its current owner in March 2024, so he had it for only a few days before listing it for sale. So, if he is selling it this fast, he either hated it or he only bought it to flip it as soon as delivered.
The electric pickup truck rides on 20-inch wheels, and it's got the four-wheel steer-by-wire system and an adaptive air suspension, which takes ground clearance, in its highest setting, all the way to 17 inches (431 millimeters), which is the highest of all electric pickup trucks currently on the market.
Photo: Cars and Bids
There are power-adjustable, heated, and ventilated front seats in leather on board. The driver controls the functions of the vehicle via an 18.5-inch Infinity center touchscreen. The occupants sitting in the rear seats get the 9.4-inch rear touchscreen. The Cybertruck also sports a panoramic glass roof.
The vehicle sports Self-Driving capability, but the FSD Beta is not yet available for the Cybertruck. Tesla claimed that the FSD was not a priority and that the tech might not be available any time soon.
When asked about how much the truck can tow, the owner comes up with an amusing reply: "Not much." It can actually tow "very much." That's 11,000 pounds (4,990 kilograms).
The Cybertruck Foundation Series is set in motion by a dual-motor setup that generates 845 horsepower. A lithium-ion 123-kWh stores enough energy for a drive of up to 340 miles, according to Tesla. However, owners have reported way less range than the official figures.
Photo: Cars and Bids
The seller reports that he performed no modification on the Cybertruck and hasn't run any servicing on it due to its low mileage. Whoever will drive it home will also get two key cars, a mobile charger, and a J1772 charging adapter.
The seller informs potential buyers that there is a $50,000 loan on the vehicle and that the sale proceeds will be used to satisfy the loan and allow the seller to transfer the title to the winning bidder.
Tesla has blacklisted a customer that tried to sell his Cybertruck with no written consent
Tesla has started to hunt down car flippers. A customer who listed his Cybertruck "literally everywhere" was informed by Tesla via email that all his previous reservations had been canceled without a refund of the order and reservation fees. The customer had, indeed, several orders pending.
Furthermore, he will never be able to order a model from the brand again. This one is, so far, the first customer blacklisted by Tesla. There are, however, more to go after as the used car market has already seen so many Cybertrucks listed for sale.
A Cybertruck was sold for $244,000 to a Porsche dealership in Orlando. Only days later, the dealership decided to re-flip it for $269,000. A Ford dealership also bought a Cybertruck and it surely won't keep it as an exhibit in the showroom.
Tesla has only delivered Cybertrucks to customers in the United States so far. But one somehow made it to Dubai, where it has already been listed for sale for 520,000 Dirham, which translates to $141,577. That is much cheaper than any Cybertruck flipped in the US.
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