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Tesla Model S Depreciation & Resale Value

Tesla Model S keeps an estimated 42% of its original MSRP after 5 years — #465 of 530 cars VINdown tracks. See the full curve and the best year to buy.

Per VINdown's modeling, the Tesla Model S retains an estimated 42% of its original MSRP after five years, ranking #465 of 530 cars we track. That is 2 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 S sheds about 6% of its value in year one alone. From roughly $74,990 it falls to around $31,270 by year five — a five-year loss near $43,720, about $23.96 a day in depreciation.

Because the steepest drop hits around year 4, a lightly-used Tesla Model S 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 S depreciation FAQ

Does the Tesla Model S hold its value?

It keeps an estimated 42% of its original MSRP after five years — worse than most among the 530 cars VINdown tracks (ranked #465).

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

From about $74,990 when new it drops to roughly $31,270 after five years — a loss near $43,720 (42% of its original MSRP retained).

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

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