Loading the interactive terminal…

Tesla Model 3 Depreciation & Resale Value

Tesla Model 3 keeps an estimated 46% of its original MSRP after 5 years — #426 of 530 cars VINdown tracks. See the full curve and the best year to buy.

Per VINdown's modeling, the Tesla Model 3 retains an estimated 46% of its original MSRP after five years, ranking #426 of 530 cars we track. That is 6 points above the 40% five-year average for EV in its class, so it holds value better than most rivals.

Most of the loss lands early: the Tesla Model 3 sheds about 11% of its value in year one alone. From roughly $38,990 it falls to around $18,013 by year five — a five-year loss near $20,977, about $11.49 a day in depreciation.

Because the steepest drop hits around year 4, a lightly-used Tesla Model 3 bought at 4 years old lets the first owner absorb the worst of the depreciation while the curve flattens — usually the value sweet spot. Explore the full year-by-year curve, trims, and true cost of ownership in the Model Lab above.

Tesla Model 3 depreciation FAQ

Does the Tesla Model 3 hold its value?

It keeps an estimated 46% of its original MSRP after five years — worse than most among the 530 cars VINdown tracks (ranked #426).

How much does a Tesla Model 3 depreciate in 5 years?

From about $38,990 when new it drops to roughly $18,013 after five years — a loss near $20,977 (46% of its original MSRP retained).

When is the best time to buy a used Tesla Model 3?

Around 4 years old: that is just past the steepest depreciation, so you skip the biggest drop while the value curve is flattening.