What The Hell is Doug DeMuro Smoking?

[AWDMK4]

Will Tesla Cybertruck Values Ever Stop Falling?

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[funnbobby]

The guy’s a dramatic idiotic ass clown and always has been one

 

[CyberGus]

Wow, vehicles are a depreciating asset.

Who knew?

 

[Jabman]

“…and has been for a few years now..”

does this dumba** really claim to know cars?

if he did, he would know that the Cybertruck has not even been out for “a few years”

Let’s recap:

couple=2
Few=3 or more

Cybertruck release (first deliveries): December 2023.
He’s at least 6 months short.

 

[devdrone6]

At one point I liked his content- now it’s just become clickbait and whatever trends.

I have been waiting 1.5 years for the 35k CT prices he predicted, so I can get more.

 

[vandytom]

As a rule of thumb, I trust no one named Doug.

 

[CybertruckFox]

His website has sold THREE, you read that right… three cybertrucks in the past 6 months. His entire video is based on that.

The only lesson I got from that video was to ensure I never sell a car on cars & bids since you get an awful price as a seller.

 

[dalton108]

If you watch the whole thing, I think it’s pretty hard to argue with what he’s saying. Interestingly on their podcast with him and Camissa’s hot take was that the cybertruck is the best truck ever made. And of course he’s right.

I value my model S plaid at $200,000. Zero people will ever get me to sell it for less than that. That doesn’t mean the market agrees with me. The market is not ration.

Here Doug explains all of the reasons why the cyber truck has the depreciation problem it does and if you don’t think that these trucks will be going for less than $20,000 in 10 to 11 years like he says, then you’re crazy. Mine won’t. But, the market does not respect electric vehicles from any brand.

The model X right now is an anomaly but when peoples falcon doors start breaking they will sink like a rock too.

 

[dalton108]

At one point I liked his content- now it’s just become clickbait and whatever trends.

I have been waiting 1.5 years for the 35k CT prices he predicted, so I can give more.

I don’t know, all of this seems pretty reactionary to me.

I watched the whole thing I don’t have many arguments against anything he’s saying except for the way he phrases it, “will it go to zero (in fairness he does answer that question ultimately as ‘no absolutely not’ and explains why).” Or that it’s lost $100,000. True if you could sell it for 150 and now you can only sell it for 60 or 50 that is 90 to 100k bucks however except for the dummies who bought the car for $150k on his website and other retailers in 2024, virtually nobody paid that.

Hero worship has no value just like ad hominem attacks. Say whatever you want to about Doug, he’s made more money on the sale of CyberTrucks than anybody here flapping their lips. Cars and Bids makes *more money* of the sales price is higher. He gained nothing by artificially suppressing sales.

He makes the point that this is happening to almost every EV especially trucks (directly calls out Hummer, Ford and Rivian) all of which is true, so, I don’t know what specific objections people have, but I sure would like to hear them.

 

[dalton108]

“…and has been for a few years now..”

does this dumba** really claim to know cars?

if he did, he would know that the Cybertruck has not even been out for “a few years”

Let’s recap:

couple=2
Few=3 or more

Cybertruck release (first deliveries): December 2023.
He’s at least 6 months short.

Depreciation was atrocious last year in 2025 for us FS owners. They certainly haven’t gotten better in 2026. That’s a couple of years and while you’re the best kind of right (technically right) it seems to be quite a fine splitting of hairs to say his a few months to soon to make this claim.

 

[devdrone6]

I don’t know, all of this seems pretty reactionary to me.

I watched the whole thing I don’t have many arguments against anything he’s saying except for the way he freezes it will it go to zero. Or that it’s lost $100,000. True if you could sell it for 150 and now you can only sell it for 60 or 50 that is 90 to 100 bucks however except for the dummies who bought the car for $150k on his website and other retailers in 2024 virtually nobody paid that.

Hero worship has no value just like ad hominem attacks. Say whatever you want to about Doug he’s made more money on the sale of CyberTrucks than anybody here flapping their lips. Extremely

He makes the point that this is happening to almost every EV especially trucks all of which is true so I don’t know what specific objections people have, but I sure would like to hear them.

I didn’t watch it, I will give you that. But based on what you said is in this video, I don’t think he is saying anything special. In ten years 99% of cars lose value. And most cars lose more than 30% in the first few years. But i just got an email from carfax (unsolicited) that my FS CT is worth 72k after more than two years of ownership. Like you, I think its worth more given that it drivers me everywhere. But even at 72k, that’s pretty good for a first gen new vehicle. With the FS, you really just paid for getting it sooner than later.

 

[VAF84]

Am I missing something, because I haven’t found much under $70k in the used market and msrp is $79k. Everyone knew the 24 FS would plummet based on the FS premium once non-FS models came out, but 10-15% depreciation in 1-2 years is better than most vehicles.

 

[dalton108]

Am I missing something, because I haven’t found much under $70k in the used market and msrp is $79k. Everyone knew the 24 FS would plummet based on the FS premium once non-FS models came out, but 10-15% depreciation in 1-2 years is better than most vehicles.

IIRC, He shows auctions on his website that are for 50/51 etc. However he does say that he was filming in April and I think things have actually changed in the last couple of months. Gas concerns have a lot of people looking for Cybertrucks now (every single day you see somebody talking about trying to unload their diesel to get EV) as well as other EV’s the model X is the most sought after used car in the nation right now!

Obviously, a lot of of that has to do with Iran. It feels like we’re getting a mini revival of 2021 chip shortage used car prices. I don’t know how long that will last. Right now it seems like shit’s going to go sideways tomorrow. So the surge pricing for EV’s might be in place for a bit!

On a go forward basis the cheaper CT trim isn’t going to help premium all-wheel-drive prices at all and my FS/CB is never going to be priced fairly by the market during my lifetime. I don’t care; I didn’t buy it as an investment, I’m never selling it. That doesn’t mean I expected it to be received so poorly and appreciate so aggressively, so quickly.

Valuation for EV’s is not currently logical. I know how to pick good/valuable cars. I could sell both my ice vehicles (12 and five years old) for very close to what I paid for them today.

Yet, somehow the market thinks that I would sell my 2023 model S plaid with track package for anything less than $150,000. It’s insanity and it’s never going to happen. Getting something comparable is, at minimum a $250,000, proposition so the market is just crazy.

But all of that’s it I don’t think Doug said anything that’s really all that objectionable if you actually listen to what he had to say.

 

[OldDirtyRobot]

All I got out of the video is Car's and Bids is a horrible place to sell a car. You are better off selling your vehicle to CarMax.

 

[W4lter]

I didnt watch this video but I did watch him talk about the first cybertruck his site sold. I watched that auction, it was a horrible purple wrap and the truck had been in two accidents. He never mentioned those downsides when talked about selling the truck for $55k. Either disingenuous or ignorant and I used to be a fan.

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