Can someone explain Tesla used prices? Still seem super high?

I’m in Michigan, so we can’t lease. I’m mulling between new Model 3 and used Model Y but don’t see any discount on used cars several years old? A brand spanking new 2023 Y after federal rebate is $47k-53k with immediate delivery. How is a local three year old 2020 Y Perf with 40,000 miles still nearly $54k? Are people actually paying this or are dealers being delusional?

7 posts were merged into an existing topic: Would you consider a cheaper (GM employee discounted) Bolt over a base spec Model 3 RWD?