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Tesla Model 3 depreciation: value by age

Value kept after 3 years

64%

  • Loses 36% in 3 years.
  • 2023 Standard RWD. New: $40,630. Now: $26,200.
  • Median sedan at 3 years: 66% kept.
  • Value now: KBB fair price.

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0%20%40%60%80%100%2 yr5 yr8 yr11 yr14 yr17 yrModel 3sedan median
Share of original MSRP kept, by age. Blue: median of 74 to 103 sedans per age.
Tesla Model 3 value by model year
Model yearAgeTrimOriginal MSRPValue nowSourceKeptLostLost per year
20242Standard RWD$40,630$32,200KBB fair price79%$8,430$4,215
20233Standard RWD$40,630$26,200KBB fair price64%$14,430$4,810
20224Standard RWD$48,190$24,200KBB fair price50%$23,990$5,998
20215Long Range AWD$48,190$25,900KBB fair price54%$22,290$4,458
20206Standard Range AWD$36,200$21,200KBB fair price59%$15,000$2,500
20197Standard Range RWD$36,200$20,400KBB fair price56%$15,800$2,257
20188Mid Range RWD$47,200$19,050KBB fair price40%$28,150$3,519
20179Standard Range RWD$36,200$15,400KBB fair price43%$20,800$2,311
Biggest drop
Age 7 to age 8: $12,350 a year.
Values as of
October 2026

KBB resale value by year

Tesla Model 3: KBB resale value by calendar year
Model year20232024202520262027 KBB forecast2028 KBB forecast
2024N/A$33,485$30,975$30,000$26,825$24,150
2023$33,359$27,778$23,462$24,400$21,845$19,990
2022$32,113$25,321$22,542$22,400$19,879$17,916
2021$31,012$24,716$21,324$20,900$17,894$15,452
2020$28,804$24,788$21,198$19,550$16,962$14,784
2019$27,345$21,137$18,476$18,700$16,225$14,143
2018$25,444$20,646$17,148$17,600N/AN/A
2017$24,344$18,169$15,382$13,650N/AN/A

KBB resale values. 2027 and 2028 are KBB forecasts.

What this cannot tell you

Values as of October 2026. KBB and CarGurus national figures.

Mileage and condition change the value.

How values are checked