Estimated value by year
New
$47,990
MSRP
1 yr
$32,153
-33%
2 yrs
$28,794
-40%
3 yrs
$25,915
-46%
5 yrs
$19,196
-60%
10 yrs
$10,078
-79%
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Full Depreciation Table — Tesla Model Y
Based on base MSRP of $47,990. Actual values vary by trim, mileage, condition, and region.
| Year | Age | Depreciation | 🤝 Trade-In | 🧑 Private Sale | 🏢 Dealer Retail |
|---|---|---|---|---|---|
| 2026 (New) | 0 yrs | -0% | $41,751 | $47,990 | $53,749 |
| 2025 | 1 yr | -33% | $27,973 | $32,153 | $36,012 |
| 2024 | 2 yrs | -40% | $25,051 | $28,794 | $32,249 |
| 2023 | 3 yrs | -46% | $22,546 | $25,915 | $29,024 |
| 2022 | 4 yrs | -52% | $20,041 | $23,035 | $25,799 |
| 2021 | 5 yrs | -60% | $16,701 | $19,196 | $21,500 |
| 2020 | 6 yrs | -64% | $15,030 | $17,276 | $19,350 |
| 2019 | 7 yrs | -68% | $13,360 | $15,357 | $17,200 |
| 2018 | 8 yrs | -72% | $11,690 | $13,437 | $15,050 |
| 2017 | 9 yrs | -76% | $10,020 | $11,518 | $12,900 |
| 2016 | 10 yrs | -79% | $8,768 | $10,078 | $11,287 |
Cost per year
$5,759
avg annual loss
Sweet spot buy
2–3 yrs old
$25,915 saves $22,075
Value at 10 yrs
$10,078
79% of value gone
Key Specs — Tesla Model Y
Category
Electric SUV
Base MSRP
$47,990
5-Year Depreciation
60%
vs Category Avg
6% 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 Y?
The sweet spot for buying a used Model Y is 2 to 3 years old. At that age you can save approximately $22,075 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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