Estimated value by year
New
$42,990
MSRP
1 yr
$29,233
-32%
2 yrs
$26,224
-39%
3 yrs
$23,644
-45%
5 yrs
$18,056
-58%
10 yrs
$9,458
-78%
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Full Depreciation Table — Tesla Model 3
Based on base MSRP of $42,990. Actual values vary by trim, mileage, condition, and region.
| Year | Age | Depreciation | 🤝 Trade-In | 🧑 Private Sale | 🏢 Dealer Retail |
|---|---|---|---|---|---|
| 2026 (New) | 0 yrs | -0% | $37,401 | $42,990 | $48,149 |
| 2025 | 1 yr | -32% | $25,433 | $29,233 | $32,741 |
| 2024 | 2 yrs | -39% | $22,815 | $26,224 | $29,371 |
| 2023 | 3 yrs | -45% | $20,571 | $23,644 | $26,482 |
| 2022 | 4 yrs | -51% | $18,327 | $21,065 | $23,593 |
| 2021 | 5 yrs | -58% | $15,709 | $18,056 | $20,222 |
| 2020 | 6 yrs | -62% | $14,212 | $16,336 | $18,297 |
| 2019 | 7 yrs | -66% | $12,716 | $14,617 | $16,371 |
| 2018 | 8 yrs | -70% | $11,220 | $12,897 | $14,445 |
| 2017 | 9 yrs | -74% | $9,724 | $11,177 | $12,519 |
| 2016 | 10 yrs | -78% | $8,228 | $9,458 | $10,593 |
Cost per year
$4,987
avg annual loss
Sweet spot buy
2–3 yrs old
$23,644 saves $19,345
Value at 10 yrs
$9,458
78% of value gone
Key Specs — Tesla Model 3
Category
Electric
Base MSRP
$42,990
5-Year Depreciation
58%
vs Category Avg
0% better than average
Expected Lifespan
300,000+ miles (battery dependent)
Best Used Buy Age
2–3 years old
Should you buy a used Tesla Model 3?
The sweet spot for buying a used Model 3 is 2 to 3 years old. At that age you can save approximately $19,345 off the new price while still getting a relatively modern vehicle. This model depreciates heavily, which makes the used market excellent value. A 3-year-old example can be significantly cheaper than new.
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