Tesla Depreciation

Average Tesla Depreciation

Year % Decline (YOY) % Decline % Paid % Left Years Left Net Used Value
2020 0.00% 0.00% 100.00% 100.00% 12 0.00
2019 19.70% 19.41% 80.59% 91.67% 11 11.08
2018 21.91% 36.85% 63.15% 83.33% 10 20.18
2017 2.23% 38.44% 61.56% 75.00% 9 13.44
2016 10.01% 44.90% 55.10% 66.67% 8 11.57
2015 12.75% 50.64% 49.36% 58.33% 7 8.97
2014 17.01% 57.47% 42.53% 50.00% 6 7.47
2013 7.98% 56.12% 43.88% 41.67% 5 -2.21
2012 -0.29% 56.30% 43.70% 33.33% 4 -10.37
Year % Decline % Paid % Left NUV
2020 0.00% 100.00% 100.00% 0.00
2019 19.41% 80.59% 91.67% 11.08
2018 36.85% 63.15% 83.33% 20.18
2017 38.44% 61.56% 75.00% 13.44
2016 44.90% 55.10% 66.67% 11.57
2015 50.64% 49.36% 58.33% 8.97
2014 57.47% 42.53% 50.00% 7.47
2013 56.12% 43.88% 41.67% -2.21
2012 56.30% 43.70% 33.33% -10.37

About The Numbers

Our depreciation figures are calculated by aggregating then analyzing pricing, sales and other related automotive data sets.

Here are some brief descriptions of the columns:
  • Year - The brand model year.
  • % Decline (YOY) - Year over Year price decline.
  • % Decline - Total percentage of decline.
  • % Paid - Percentage of the original price paid for that model year grouped by the same trim levels.
  • % Left - Percentage left of reliable years with relatively predictable costs of the vehicle.
  • Years Left - Current industry average of years remaining with predictable maintenance and repair costs.
  • Net Used Value - Our ranking & sorting index to help you find the model years with the most value.
2,344,925 total data points last analyzed on 04/16/2020.
More questions? Check out our Q&A section here.

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Our Tesla Depreciation Analysis and Recommendations

Hybrid and electric cars typically don't hold their value, as electric car technology changes more quickly than iPhones apps. Tesla, however, bucks this trend in the luxury segment, and has been battling Lexus for top spot on holding its value. For the 3-year and 5-year periods, Tesla has ranked 2nd behind Lexus, but beats them out for 1st place in 7 years-very notable for an alternative fuel vehicle. While we just have long-term figures for the Model S, Tesla's success bodes well for current (no pun intended) and future Tesla models. We'll be interested to see how other Tesla models hold up once they've been in marketplace for a longer period.

The 2018, 2017 & 2016 Tesla model years are currently the best values in our opinion.

On average, expect to pay only 63% of the original cost with 83% of the vehicle's lifetime remaining for a 2018 Tesla. That gives it a Net Used Value score of 20.18 which factors in annual maintenance costs, price decline, reliable years left and available inventory.

Also consider the 2017 & 2016 model years. Those currently have a generally low risk of any significant depreciation over the next several years.

Already Own a 2018 Tesla?

While we would advise holding onto this vehicle for a few years, that's not always the plan. Dealers have access to similar figures so they know that your vehicle has a low risk of depreciation.