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Electric SUV

Tesla Model X Depreciation Guide

The Tesla Model X has a 63% five-year depreciation rate, which is higher than the Electric SUV average of 54%. At a base MSRP of $79,990, this vehicle loses approximately $50,394 in value over five years. High depreciation means significant savings are available in the used market — typically 40-60% off new prices.

63%
5-yr depreciation
$79,990
Base MSRP
$29,596
Value at 5 yrs
9% worse than average
vs Electric SUV avg
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300×250
Estimated value by year
New
$79,990
MSRP
1 yr
$51,994
-35%
2 yrs
$46,394
-42%
3 yrs
$41,595
-48%
5 yrs
$29,596
-63%
10 yrs
$13,598
-83%
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Full Depreciation Table — Tesla Model X

Based on base MSRP of $79,990. Actual values vary by trim, mileage, condition, and region.

YearAgeDepreciation🤝 Trade-In🧑 Private Sale🏢 Dealer Retail
2026 (New)0 yrs-0%$69,591$79,990$89,589
20251 yr-35%$45,234$51,994$58,233
20242 yrs-42%$40,363$46,394$51,962
20233 yrs-48%$36,187$41,595$46,586
20224 yrs-54%$32,012$36,795$41,211
20215 yrs-63%$25,749$29,596$33,148
20206 yrs-67%$22,965$26,397$29,564
20197 yrs-71%$20,181$23,197$25,981
20188 yrs-75%$17,398$19,998$22,397
20179 yrs-79%$14,614$16,798$18,814
201610 yrs-83%$11,831$13,598$15,230
Cost per year
$10,079
avg annual loss
Sweet spot buy
2–3 yrs old
$41,595 saves $38,395
Value at 10 yrs
$13,598
83% of value gone
Key Specs — Tesla Model X
Category
Electric SUV
Base MSRP
$79,990
5-Year Depreciation
63%
vs Category Avg
9% 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 X?

The sweet spot for buying a used Model X is 2 to 3 years old. At that age you can save approximately $38,395 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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