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Tesla Depreciation

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 does very well among its peers. For the 5-year and 7-year periods, Tesla has ranked in the top 3 among luxury brands. While we just have long-term figures for the Model S and Model X, Tesla's success bodes well for current (no pun intended) and future Tesla models. Early indications on the Model 3 suggest that it will be in a league of its own for maintaining its resale value.

The 2021 is our top pick for the best model year value for the Tesla vehicles. With the 2021, you would only pay, on average, 97% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2019 model years are also attractive years for the Tesla models, and provide a relatively good value. Our rankings consider multiple factors, including original new prices, current prices, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money with a Tesla model.

Tesla Depreciation

Year Depreciation Residual Value Percent Left Value Rating
2022 0.00% 100.00% 100.00%
2021 3.41% 96.59% 91.67% Best
2020 11.90% 88.10% 83.33% Good
2019 20.26% 79.74% 75.00% Better
2018 27.42% 72.58% 66.67% Better
2017 31.28% 68.72% 58.33% Good
2016 36.57% 63.43% 50.00%
2015 47.81% 52.19% 41.67%
2014 53.33% 46.67% 33.33%
2013 54.00% 46.00% 25.00%
2012 55.89% 44.11% 16.67%
Year Depreciation Residual Value Value Rating
2022 0.00% 100.00%
2021 3.41% 96.59% Best
2020 11.90% 88.10% Good
2019 20.26% 79.74% Better
2018 27.42% 72.58% Better
2017 31.28% 68.72% Good
2016 36.57% 63.43%
2015 47.81% 52.19%
2014 53.33% 46.67%
2013 54.00% 46.00%
2012 55.89% 44.11%

Used Tesla Models For Sale

2020 Tesla Model Y Base

2020 Tesla Model Y Base

Mileage: 29,000
Mileage: 29,000     Price: $38,950
Location: Englewood, CO ~ 0 miles away
Dealer: Southeast Motors
Days on Market: 12
Colors (ext/int): Gray / Black

$38,950


2018 Tesla Model 3 AWD

2018 Tesla Model 3 AWD

Mileage: 63,000
Mileage: 63,000     Price: $28,950
Location: Englewood, CO ~ 0 miles away
Dealer: Southeast Motors
Days on Market: 5
Colors (ext/int): Gray / Black

$28,950


2021 Tesla Model Y Base

2021 Tesla Model Y Base

Mileage: 32,827
Mileage: 32,827     Price: $44,950
Location: Englewood, CO ~ 0 miles away
Dealer: Custom Cars West
Days on Market: 117

$44,950