Tesla resale value model s. Depreciation is difficult to avoid, but it can be managed.

Tesla resale value model s The Tesla Model S lost more value than any other used car over the past year (17. 2%). MSN Apr 19, 2024 · Prices of used electric cars are falling and Tesla Model S is not immune. 1 in the EV segment for resale value after five years. 2024 Tesla Model S trade-in prices range from $50,980 - $74,242. According to CarEdge 's intuitive depreciation calculator, you're likely to see your 2025 Tesla Model Y Launch Series retain 45. Over five years, the value of the Tesla Model Y can depreciate as much as 50%, which is a huge number to consider for those who want to make money on their vehicle. Why that's so simple, right!? Just go to Kelley Blue Book online, input the year, make, model, etc. Jul 19, 2025 · EVs make up half of cars on a list of used models that have lost most money in 12 months. The chart below shows the expected depreciation for the next 10 years. Always accurate, always up-to-date 2017 Tesla Model S depreciation, trade-in, and resale values from the trusted experts in automotive pricing and valuations, Kelley Blue Book. According to carsdirect. This is almost three times the value of a 2012 BMW 7 Series Tesla Model 3 Depreciation Estimates The Model 3 is similar to the Model Y in that it is Tesla's entry-level sedan. Ten lucky people to own Model S, to be exact. Because of its huge availability, aging sedan body style, and stigma of being the “cheap” Tesla Mar 20, 2025 · The Cybertruck, the controversial steel-sided pickup, fared the worst of any Tesla vehicle, with a resale value 58% less than its original price, according to CarGurus. For current Tesla owners and Trade in your car for a new or used Tesla vehicle. Mar 8, 2023 · The Tesla Model S retains its value the best among luxury vehicles, according to KBB. Apr 12, 2025 · The Model Y’s strong resale value is driven by its ongoing popularity, the expanding EV market, and Tesla’s reputation for producing reliable, high-performing electric vehicles. Mar 11, 2025 · Why Are Used Tesla Prices Plummeting? Several factors are driving this steep decline in Tesla resale values. When new, a typically-equipped Tesla Model S sells for $90,755 on average. Our Jan 26, 2023 · Tesla Model S Resale Value After 10 Years On June 22, 2012, the Tesla Model S made its debut to a select few customers at their Fremont factory in California. 13-Percent According to CarEdge 's depreciation calculator, a 2020 Tesla Model 3 in outstanding condition that has covered 60,000 miles will now be worth $14,745. For current owners, it’s a wake-up call to either hold your ground and upgrade or risk selling into a softening resale market. Get a more accurate value for your car with the Jan 14, 2024 · Explore what factors influence Tesla Model Y depreciation, how it impacts resale value, and what to expect for long-term investment. So for the question of do they hold their value, the answer is sort of. Apr 27, 2024 · It's hard to sell a 2022 Tesla Model X for $67,000 when people can buy a new one for only $3,000 more. During this time out-of Mar 16, 2023 · They fell around 10% across models and model years from July to early November, with the mid-priced Model 3 and Model Y holding their value better than the luxury Model S and Model X. Mar 18, 2025 · The price of a preowned Tesla is declining at a significantly faster rate than other brands on the used car market, according to industry trackers. Feb 5, 2024 · Let’s dive deeper into the Tesla Model Y resale value. Used Tesla prices declined the most among auto brands. May 26, 2025 · The electric vehicle (EV) market is facing a turbulent shift as used Tesla resale values have taken a sharp dive in 2025, driven by a mix of oversupply, consumer sentiment, and industry-wide depreciation trends. After 5 years a 2024 Model 3 Standard will depreciate $29,660 and have a residual value of $10,970. If you want to sell it, you must lower the price, making the resale value take a hit. Mar 6, 2023 · The Tesla Model S and Tesla Model X are among the recipients of the Kelley Blue Book “Best Resale Value” award for 2023. Invoice price goes from $0 to $0. Get a more accurate value for your car with the Always accurate, always up-to-date 2018 Tesla Model S depreciation, trade-in, and resale values from the trusted experts in automotive pricing and valuations, Kelley Blue Book. Oct 8, 2019 · Tesla paint colors that best retain their value are discussed, helping buyers choose options that maximize resale value. Mar 20, 2025 · Used Tesla depreciation is outpacing even Maserati. Apr 22, 2025 · Tesla had four models in the top 20 used cars with the biggest year-over-year price drops. May 26, 2025 · The Tesla Model Y is the world's best-selling car in 2024, and it's also finally the year that this electric crossover SUV turns five years old. Jun 1, 2025 · Tesla owners used to enjoy a high resale value for their vehicles. It also assumes a selling price of $51,380 when new. A common trait among the hot new electric vehicles currently on sale is Jan 13, 2022 · A ten-year-old Tesla Model S is worth more than $20,000, showing impressive value retention. Today on Critical Materials: Used Tesla values are dropping, BYD has a new ultra-fast megawatt EV charger, and Nissan's former CEO says Elon Musk could fix it. However, I don't have a good feeling about getting a good resale price in 6 - 8 years. “If we look at Tesla specifically, the average residual sold value of a three to four year old Model 3 sold in the past Apr 3, 2016 · The purpose of this thread is to provide a "Toolkit" of resources to help potential pre-owned Tesla buyers & sellers to determine current market value for used Tesla vehicles. Apr 22, 2025 · Tesla prices are continuing to fall in the used market— a good sign for buyers but bad news for current owners. The Tesla Model Y ranks #3 with a resale value of 39. for several reasons. Here's how much it costs to buy used. Jul 3, 2025 · Thinking of trading in your Tesla Model Y? Get a brutally honest look at its current trade-in value. Enter your purchase price, expected ownership period and estimated miles driven annually. We break down depreciation, market factors, and what your EV is truly worth in today's landscape. Tesla Model S Resale Value and Depreciation See how much the Tesla Model S depreciates and retains its value over a 3-, 5-, 7- and 10-year timeframe. The same charts can also be used to value your current Tesla. However Nov 24, 2024 · If you want to buy a brand-new Tesla Model 3 but are concerned with resale values, here's what you need to know about its depreciation curve. That outpaces the average for the segment by 6. Tesla cars, he said, would be “an appreciating asset. Find out more about the resale value of the Tesla Model X. Tesla Model X: The Model X, known for its unique features, retains around 50% of its resale value. Diving into the Tesla resale value, the Model Y retains its value better than Jan 30, 2025 · The 2025 Tesla Model S is a large, all-electric luxury car with a great maximum range of 402 miles, and the potential to be awesomely quick. again. While we just have long-term figures for the Model S and Model X, Tesla's success bodes well May 29, 2024 · “Due to a variety of reasons, Tesla resale values have plummeted, making many Tesla models very affordable now. Oct 15, 2024 · Hybrid and electric cars typically don't hold their value, as electric car technology changes more quickly than iPhones apps. For the 5-year and 7-year periods, Tesla has ranked in the top 3 among luxury brands. 2023 Tesla Model S trade-in prices range from $40,791 - $65,887. Read expert reviews, check safety ratings, and compare the 2019 I would like to buy a Tesla Model Y. Get expert insights on value retention, market trends, and factors impacting long-term ownership costs Many Tesla owners are understandably interested in Tesla resale value. Like a flagship cell phone. Due to Tesla's price cuts the value question is very debatable amongst other cars which usually don't receive massive price cuts. Jun 6, 2025 · Discover how Tesla Model S Depreciation affects resale value in 2025. Mar 12, 2025 · Find out why Tesla's resale values are crashing, how Elon Musk's actions impact the brand, and what this means for buyers and owners. According to a recent Forbes report, Tesla owners are grappling with a steep 27% year-over-year drop in resale value, making now a challenging time to sell but a potential opportunity Mar 11, 2025 · The cheapest new Tesla on sale in 2025 is the Model 3, which costs more than $40,000 after estimated taxes and fees, according to Tesla's website. So far, the downward trend has continued in 2024. Feb 12, 2024 · Why Are Used Tesla Prices Dropping? Many Tesla owners have been unpleasantly surprised in recent months by a dramatic drop in resale value. The Tesla Model S does remarkably well for an alternative fuel vehicle, as most electrics and plug-in hybrids do terribly when it comes to maintaining their value. It signifies not just Tesla’s reputation for longevity but also buyers’ willingness to purchase high-mileage Teslas—another factor keeping the depreciation rates relatively low. I have had it with Tesla. Toyota also makes reliable cars Apr 6, 2025 · A new study shows that a Tesla Model S has a depreciation rate that makes it one of the worst vehicles for resale value. Fresh evidence of falling resale prices has come Oct 31, 2023 · The Tesla Model 3 is one of the most important vehicles in the Tesla lineup. Jan 26, 2025 · According to data from Consumer Reports and Car Edge these cars, SUVs, and trucks have the worst resale value as the ones that lose the most value in the first 3 years of ownership. The Tesla Model Y is the world's best-selling car in 2024, and it's also finally the year that this electric crossover SUV turns five years old. This is an incredible achievement for an electric car company. They do hold their value if there were no drastic price cuts. However, in recent years, Tesla vehicles are depreciating faster. Mar 5, 2025 · Tesla's other volume seller, the Model Y crossover, fared even worse, with average asking prices dipping 25. Fast, tech-rich and practical, it’s still ahead of its time. Apr 29, 2019 · Determining the resale value of a used Tesla Model S or any Tesla vehicle may not be easy, but I searched a number of opinions from Model S owners who shared what matters when you want to Apr 12, 2024 · CarEdge estimates a five-year resale value of $79,566 for a Tesla Model X, which translates to a 29-percent depreciation from a starting price of around $112,000Based on CarEdge's data, a Tesla Values based on 12,000 miles driven per year, with no color or options selected. Mar 27, 2025 · However, buyers should also consider long-term resale value; while Teslas once held their value better than most EVs, that advantage is shrinking as more used models flood the market. Over the past two years, the used Tesla market has had a lot of upwards price pressure due to the supply limitations in the new car market. 9%. Data from CarGurus showed that the cost of used The value of a used 2021 Tesla Model S ranges from $31,948 to $53,012, based on vehicle condition, mileage, and options. 3 days ago · Bottom Line: The Smart Play for 2025 Buyers The Tesla Model Y price drop is both an opportunity and a warning. Teslas often don't need major repairs and tend to be reliable, thus holding their value pretty well. So, if TSLA stock slips in response to an unguarded comment by the Iron Man, consider it a buying Mar 23, 2025 · With strong resale values compared to many other EVs, used Tesla models continue to attract buyers looking to go all-electric without paying full price. Let’s break them down: 1. 2% loss of value. Oct 15, 2024 · A Tesla Model Y will depreciate 61% after 5 years and have a 5 year resale value of $19,608. The Model 3 was a 180 degree turn in philosophy from the Model S. Diving into the Tesla resale value, the Model Y retains its value better than May 18, 2023 · And among Tesla’s lineup, one stands out above the rest for just how well it holds its value. Aug 29, 2024 · Since 2022, price reductions and an excess of inventory have caused a sharp decline in the value of used Tesla vehicles. HOW DOES THE RESALE VALUE OF TESLA'S MODEL S HOLD UP? It’s always fun to talk about Elon Musk’s tweets and tokes, but when it comes to predicting long-term financial prospects of Tesla, savvy Jan 21, 2025 · Tesla Model S: This luxury sedan can hold approximately 55% of its value after three years. For budget-conscious shoppers, this is the most affordable way to own a new Tesla ever. Understanding the price history of the Tesla Model S can provide valuable insights into the electric vehicle market and help potential buyers make informed May 29, 2025 · Get current 2019 Model S fair market price, depreciation, trade-in, and resale values from the trusted experts at Kelley Blue Book. Values based on 12,000 miles driven per year, with no color or options selected. The average listing price for many used Tesla Model 3s has now fallen below $30,000 Apr 26, 2025 · The Model 3 is similar to the Model Y in that it is Tesla's entry-level sedan. And it's not alone. Depreciation is difficult to avoid, but it can be managed. market. Mar 14, 2025 · Car shoppers could get a deal on a used electric vehicle, with used EV prices declining by more than hybrid and gas models. Every new Tesla has a variety of configuration options and all pre-owned Tesla vehicles have passed the highest inspection standards. One Redditor tracked 3,000 cars and uncovered the surprising factors that truly determine value in the Tesla used car market. 5% of original sticker price Now almost a decade old, the Tesla Model S maintains the electricity of it shape and its drivetrain with Jan 7, 2024 · The Tesla Model 3 has the best value retention at a five-year depreciation rate of 42. $1,600 (-6. Tesla, however, bucks this trend in the luxury segment, and does very well among its peers. ” In other words, they would go up in value. Some used Teslas haven’t held their value well over the past few years. The estimated value Down . Get a more accurate value for your car with the Oct 15, 2024 · A Tesla Model 3 will depreciate 61% after 5 years and have a 5 year resale value of $20,136. Porsche’s Taycan Always accurate, always up-to-date 2020 Tesla Model S depreciation, trade-in, and resale values from the trusted experts in automotive pricing and valuations, Kelley Blue Book. After 5 3 days ago · A 2024 Tesla Model 3 Standard has a 5-year cost-to-own of $71,550. While the Model 3 and Model Y prices have remained relatively stable recently, Tesla’s previous pattern of price fluctuations has Nov 11, 2023 · Early research in the first few years after the Tesla Model 3 arrived did indeed show much lower depreciation, or better resale value, than competing low-end luxury cars like the BMW 3 Series. After five years of use, the Model X is valued at 66% of its full price, while the Model S is valued at 57%. Price 2024 Tesla Model S base price starts at $74,990 to $89,990. Nov 14, 2023 · Let’s consider a 2012 Model S with around 150,000 miles—the price on the secondary market is surprisingly robust given its age and miles driven. The Tesla Model S is a luxury electric vehicle that has been on the market since 2012. May 25, 2025 · The Tesla Model 3 is No. A September iSeeCars study found that prices had dropped by 25% year-over-year, the most of any model. This Model 3 was built for the world market as an affordable and attainable EV with solid performance and a price tag that nearly everyone could afford. Diving into the Tesla resale value, the Model Y retains its value better than the Model Y but doesn't stray too far Jan 27, 2025 · All four Tesla models currently on sale, except the Cybertruck, have been around for a few years, and here's how they'll cost you in the used market. According to the latest report by Kelley Blue Book, which was shared by Teslarati, both the flagship Tesla Model S sedan and Model X SUV earned the awards for Best Resale Value in 2023. Always accurate, always up-to-date 2022 Tesla Model S depreciation, trade-in, and resale values from the trusted experts in automotive pricing and valuations, Kelley Blue Book. Apr 12, 2025 · The secret science of used Teslas. CONCLUSION The Kelley Blue Book “Best Resale Value” award clearly Mar 3, 2024 · Back in 2019, Elon Musk made an astonishing claim for Tesla vehicles. 2%. Oct 15, 2024 · A Tesla Model S will depreciate 69% after 5 years and have a 5 year resale value of $28,370. S. 8%) Since Nov 10 2021 Tesla Model 3 Long Range Sedan 4D Edit Vehicle Details Tesla Model 3 Depreciation Estimates The Model 3 is similar to the Model Y in that it is Tesla's entry-level sedan. You can accredit its popularity to Tesla's aggressive pricing strategy, highly 2020 Tesla Model 3 Residual Value: 42. A 2020 Tesla Model S Long Range Sedan 4D has depreciated $46,592 or 60% in the last 3 years and has a current resale value of $30,375 and trade-in value of $24,372. Tesla Model X has received the same award among luxury SUVs. Mar 4, 2025 · The price of used Tesla’s Model 3 and Model Y vehicles depreciated more than any other cars in 2024, according to a Fast Company analysis of CarGurus data. 5 percent of its value after three years have lapsed. com, the depreciation for the Tesla Model Y can be significant, as it is in all car options from Tesla. 2 percentage points, but still lags the industry average of Jan 30, 2025 · The all-electric 2021 Tesla Model S is a serious choice among luxury cars. . iSeeCars determines the resale value for each Tesla model based on statistical analysis of the 5-year depreciation from its MSRP. But how can you get reliable data on how well Teslas hold their value? Thanks to industry-leading vehicle transaction data Jun 8, 2025 · Tesla's frequent product updates also date their models at a much faster rate, hurting the value of pre-owned examples. The Tesla Model Y has consistently been the highest-selling electric vehicle option in the U. After reaching record highs mid-2022, the average listing price for a used Tesla started to fall and then kept falling. 5 percent over the same time period. Following the Model 3 is the Tesla Cybertruck with 40% resale value. A 2024 Tesla Model S Plaid Sedan 4D has a current resale value of $68,007 and trade-in value of $61,085. Tesla Model S Depreciation A Tesla Model S will depreciate in value by $62,385 after 5 years. Then the seller Sep 8, 2025 · What is my Tesla worth? How much should I ask for my used Tesla? We answer these questions & more after Tesla's recent price drops! Jun 14, 2025 · Top 20 Used Cars Seeing The Biggest Price Drops Tesla Model S used prices fell 16 percent, shedding nearly $9,000 in value Dec 6, 2018 · It’s always fun to talk about Elon Musk’s tweets and tokes, but when it comes to predicting Tesla’s long-term financial prospects, savvy observers understand that the two metrics that matter are the demand for the company’s products and the margin of profit it earns on each unit. 2022 Tesla Model S trade-in prices range from $34,466 - $58,579. Find new and pre-owned Tesla cars. Jun 14, 2025 · Tesla has once again made headlines by upgrading its flagship luxury vehicles—the Model S and Model X—and simultaneously raising their prices by $5,000 in the U. But the entire segment is way behind the average. The Tesla Model 3 has the best resale value among Tesla models, which retains 43% of its value after the first 5 years. Tesla's Model 3 sedan has been one of the worst performers. Jan 30, 2025 · The 2022 Tesla Model S is expensive, but it’s a high-tech electric luxury sedan with up to 405 miles of range and stellar performance. Find out why Tesla’s resale values are actually plummeting and if now is the time to buy. 2025 Tesla Model S trade-in prices vary significantly by zip code, mileage, and condition. Predicted resale value after 5 years of ownership: 44. The Tesla Model S sedan shed the most value, followed by the Model X and Model Y SUVs. Tesla’s Frequent Price Cuts Tesla has been aggressively lowering prices on new models over the past couple of years. Jan 11, 2022 · The Original Tesla Model S is now 10 Years Old: Here's What We've Learned About Its Resale Value Tesla's flagship electric car revolutionized the auto industry and people still respond to its novelty by paying relatively high prices for used examples. While price increases aren’t new for Tesla, this move comes with significant hardware and software improvements, aimed at further solidifying Tesla’s dominance in the premium EV segment. If you look at Tesla's depreciation curve, you will see that it loses a lot of value in the first three years, but flattens out Mar 13, 2024 · When it comes to resale value, the Tesla brand overall is in a rather interestng position among luxury car makers. We use 5 years as an example in our analysis. Even after a decade, a used Model S garners quite huge love and money from people. Since its debut, the price of the Model S has fluctuated significantly, reflecting changes in the electric vehicle market and the overall economy. Input your current car's information and receive a trade-in estimate today. May 26, 2025 · The next biggest EV loser according to the website’s survey of 800,000 five-year-old vehicles transaction prices is the Tesla Model S which has lost $52,165 or a stiff 65. Depreciation is the difference between the original sales price, and what the vehicle will be worth in the future. Who is going to buy a 6 - 8 year old Tesla from me for a reasonable price? Jan 11, 2025 · $22,000 Our clean 2021 Tesla AWD Long range, in perfect condition. Plus, for some consumers, an additional $4,000 Federal tax credit on used EVs may 1 day ago · We have captured the real world historic valuation of Tesla over the years, and while historic depreciation doesn't mean the future will follow the same path, it does help understand if the current prices are realistic or a bubble. These results are for vehicles in good condition, averaging 13,500 miles per year. Get a free appraisal here. Use the filters to select the country, model, variant and year of car and we'll provide a bunch of Always accurate, always up-to-date 2021 Tesla Model S depreciation, trade-in, and resale values from the trusted experts in automotive pricing and valuations, Kelley Blue Book. xobz lanoxb idag tqyi dpsiya wtyu wyoc yahqla mjssz ipeuru mtfilup cfjmg gleegj swb ulfewy