It’s hard to argue that owning a vehicle with 1,070 horsepower (797 kW) wouldn’t be extremely fun. However, that excitement turns on its head when you realize that there’s nowhere to refuel, or rather in this case, recharge it.

That’s exactly what just happened to a Brooklyn-based Lucid Gravity Dream Edition buyer. After snatching this unique EV up brand new in September of 2025, he ended up selling it just 400 miles later for a huge loss.

More: Lucid’s Cheaper Gravity Lost Hundreds Of Horses But Found You Thousands In Savings

The seller on Cars & Bids shared a photo of the window sticker for this luxury SUV, listing an MSRP of $141,550. When the hammer fell on his auction sale of the car, it brought just $123,000. That’s a painful $18,500 lesson for 400 miles of usage in a little over a month, amounting to $46.25 for every mile he put on the odometer.

Where Do You Plug In?

Why take such a big loss for a vehicle that the owner says is “an awesome car”? It all comes down to charging it up. For the owner, it was almost like buying a Hellcat and then realizing that the closest gas station is 220 miles away.

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He says that his initial plan was to charge where he works but then one option after another fell apart until he had to take the loss we’re talking about here.

“I was planning to charge at work but the chargers at my work aren’t working and there is seemingly no plan to fix them. Since I don’t have a charger at home and can’t get one installed this became an unsolvable,” he said in response to a question about the situation.

He then went on to fault his living location, New York, more than anything else.

“I tried to find another solution but in NYC most chargers (all the ones convenient to me) were in parking garages where you had to pay exuberant [sic] prices to park in order to use the chargers. I live a busy life so just couldn’t find a workable solution,” he added.

It’s a little ironic that in a city as vast and densely packed as New York, famous for both its wealth and its gridlock, a high-end EV can still be this impractical. For now, he’s out, but he hasn’t sworn off electric power entirely. According to him, he’ll be back behind the wheel of another EV “as soon as [a solution] presents itself.”

Source: Cars&Bids

A 2024 Tesla Cybertruck Foundation Series has just sold for $70,000 on Cars&Bids, showing just 5,200 miles (8,400 km) on the clock. If that sounds like a great price for one of the most hyped vehicles of the decade, it is – but not if you’re the one selling it.

The same Cybertruck sold on the same auction site last year for $146,500 when it had covered a mere 600 miles (970 km), meaning it’s lost more than half its value in less than 18 months.

It’s unclear whether that original owner paid the standard price or a $50,000 markup, as some commentators suggested at the time, but the MSRP stood at $101,995.

Related: Families Claim Tesla Door Handles Trapped Teens In Burning Cybertruck

The Foundation Series was Tesla’s launch-edition Cybertruck, the limited-run version that kicked off production late in 2023. It came loaded with luxury features, plus various unique badges and trim parts, such as sill inserts.

The first examples were offered only to early reservation holders and were supposed to be collector material. Well, that was the idea anyway. Fast forward to today and the tables have obviously turned. The new owner of this particular dual-motor, 600 hp (608 PS / 447 kW) truck just scored one of the biggest bargains in recent EV history.

The $70,000 sale price (listing here) undercuts Tesla’s own base MSRP of $79,990 for a new dual-motor AWD Cybertruck and shows just how far values have tumbled since the frenzy that greeted the electric truck’s debut. And this price fall is no freak event; used Cybertruck values have fallen across the board during 2025.

When the Hype Runs Out

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There are a few reasons behind the collapse. Early buyers paid sky-high prices to be first, banking on exclusivity and hype, but that buzz has cooled fast as more Cybertrucks hit the road and social media fills with real-world impressions.

The initial scarcity that drove those six-figure auction results has faded as production ramped up and deliveries increased. Add to that a shifting used-EV market and growing competition from the likes of Ford, Rivian, and GM, and it’s easy to see why resale prices have come back down to Earth.

Even the Foundation Series edition isn’t enough to hold depreciation at bay, and neither are the mods the seller added during his ownership, including a pricey black wrap, black painted lower body trim and 24-inch T Sportline CTM Monoblock forged wheels for $10,000, per the invoice.

For all its futuristic design and headline-grabbing performance, the market for Elon Musk’s electric truck is behaving like most others: early excitement followed by a sharp correction. But for anyone still dreaming of owning one, now might finally be the time to get their wallet out. The Cybertruck still turns heads, but its once-shiny resale value has definitely lost its gleam – and that means some great deals for buyers looking to get their hands on one.

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