If anyone is seriously waiting for Teslas to be 20k…..they're in for a long wait
This anticipated “glut” will be absolutely swallowed
And in the REAL WORLD of people buying cars in dealerships, I can assure people it is NOT currently a “buyer’s market”.
I don't mean to take this thread too far off track and while I don't think that a Tesla is the answer to the OPs question, the recent Tesla price adjustment is a significant market disrupted.
Take the Model 3. You can now buy a brand new RWD car with 300+ mile range, batteries that need minimal maintenance, a heat pump, decent stereo, loads of cameras, good software, low service costs, comfortable seats and access to the Supercharger network for £43k, and without a wait. Depending on age, specification and mileage most used vehicles are going to sell for less than that.
There are currently 1734 adverts for used model 3s on the Tesla info site. Sometimes sellers use multiple channels so that is probably nearer to 1000 vehicles for sale. Unless there are more buyers out there than cars then some of these won't sell unless prices are reduced.
There is a natural level they will reach when buyers who might otherwise have bought a Nissan or Kia, or Hyundai, or VW, or Renault, or MG decide they would rather have a Tesla for a similar price, but then demand for those marques will start to dip. When demand slows, prices tend to fall.
Over the past few years demand has outstripped supply with buyers having to wait a long time and/or pay a premium to get a car. That situation is changing.