00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Tesla vehicles showed an 18.5% salvage title rate in an epic VIN analysis of nearly 2.8 million
00:10electric vehicles drawn from sales listings and auction records, according to Benzinga.
00:15The data set included 751,766 Teslas, with the Model Y and Model 3 each showing salvage rates of 19
00:24.1%.
00:25The Model S was at 18.8%, while the Model X was at 14%, and the Cybertruck was near 10%.
00:33Epic VIN said comparable non-Tesla EV models generally had lower salvage rates.
00:38Tesla vehicles averaged 5.4 years old compared with 3 years for non-Tesla models.
00:43But Tesla's salvage rate remained near 18% to 19% when vehicles were grouped by age.
00:49Epic VIN's figures reflect Tesla vehicles appearing in auction and sales listing records,
00:54not the overall salvage rate of Teslas on U.S. roads.
00:57For all things money, visit Benzinga.com.
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