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InsideEVs
InsideEVs
Technology
Kevin Williams

Teslas Are Way More Likely To Have Salvage Titles: Report

  • EpicVIN surveyed 273 million cars across 338 different models that went through auctions or sales listings. On average, 13.7% of all cars queried had salvage titles, but Tesla models average around 19%.
  • Tesla's average fleet age is only 5.2 years, yet its salvage title rates sit at 19%. EpicVIN says the salvage title rates for fleets 5-8 years is 7.5%.
  • This doesn't trend for other EVs. The Nissan Leaf and Hyundai Ioniq 5 have rates of 9.5% and 2.4%, respectively.

It’s no secret that Tesla is the biggest player in America's EV industry, with nearly 50% market share. But the company doesn't just make America's most popular EVs; it also makes the ones that are most likely to end up totaled. According to data from EpicVIN, Tesla models are far more likely to have salvage titles than other same-age cars that make their way through auction houses. Nearly a fifth of all Teslas that it analyzed had salvage titles.

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