Estimated value by year
New
$74,990
MSRP
1 yr
$49,493
-34%
2 yrs
$44,244
-41%
3 yrs
$39,745
-47%
5 yrs
$28,496
-62%
10 yrs
$13,498
-82%
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Full Depreciation Table — Tesla Model S
Based on base MSRP of $74,990. Actual values vary by trim, mileage, condition, and region.
| Year | Age | Depreciation | 🤝 Trade-In | 🧑 Private Sale | 🏢 Dealer Retail |
|---|---|---|---|---|---|
| 2026 (New) | 0 yrs | -0% | $65,241 | $74,990 | $83,989 |
| 2025 | 1 yr | -34% | $43,059 | $49,493 | $55,433 |
| 2024 | 2 yrs | -41% | $38,492 | $44,244 | $49,553 |
| 2023 | 3 yrs | -47% | $34,578 | $39,745 | $44,514 |
| 2022 | 4 yrs | -53% | $30,663 | $35,245 | $39,475 |
| 2021 | 5 yrs | -62% | $24,792 | $28,496 | $31,916 |
| 2020 | 6 yrs | -66% | $22,182 | $25,497 | $28,556 |
| 2019 | 7 yrs | -70% | $19,572 | $22,497 | $25,197 |
| 2018 | 8 yrs | -74% | $16,963 | $19,497 | $21,837 |
| 2017 | 9 yrs | -78% | $14,353 | $16,498 | $18,478 |
| 2016 | 10 yrs | -82% | $11,743 | $13,498 | $15,118 |
Cost per year
$9,299
avg annual loss
Sweet spot buy
2–3 yrs old
$39,745 saves $35,245
Value at 10 yrs
$13,498
82% of value gone
Key Specs — Tesla Model S
Category
Electric
Base MSRP
$74,990
5-Year Depreciation
62%
vs Category Avg
4% worse than average
Expected Lifespan
300,000+ miles (battery dependent)
Best Used Buy Age
2–3 years old
Should you buy a used Tesla Model S?
The sweet spot for buying a used Model S is 2 to 3 years old. At that age you can save approximately $35,245 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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