Skip to content
GizmoDriver

Tesla Model X depreciation: value by age

Value kept after 3 years

67%

  • Loses 33% in 3 years.
  • 2023 Standard AWD. New: $81,630. Now: $54,600.
  • Median SUV at 3 years: 63% kept.
  • Value now: KBB fair price.

Pick another car

0%20%40%60%80%100%2 yr5 yr8 yr11 yr14 yr17 yrModel XSUV median
Share of original MSRP kept, by age. Blue: median of 82 to 183 SUVs per age.
Tesla Model X value by model year
Model yearAgeTrimOriginal MSRPValue nowSourceKeptLostLost per year
20242Standard AWD$81,630$64,700KBB fair price79%$16,930$8,465
20233Standard AWD$81,630$54,600KBB fair price67%$27,030$9,010
20224Long Range AWD$116,190$49,800KBB fair price43%$66,390$16,598
20215Long Range Plus AWD$81,190$38,600KBB fair price48%$42,590$8,518
20206Long Range Plus AWD$81,190$36,500KBB fair price45%$44,690$7,448
2019775D AWD$83,200$31,800KBB fair price38%$51,400$7,343
2018875D AWD$84,125$25,900KBB fair price31%$58,225$7,278
2017975D AWD$80,625$23,700KBB fair price29%$56,925$6,325
20161060D AWD$75,200$20,500KBB fair price27%$54,700$5,470
Biggest drop
Age 3 to age 4: $39,360 a year.
Values as of
October 2026

KBB resale value by year

Tesla Model X: KBB resale value by calendar year
Model year20232024202520262027 KBB forecast2028 KBB forecast
2024N/A$81,630$57,766$62,200$55,069$49,134
2023$81,630$60,228$50,032$51,800$47,618$44,748
2022N/A$56,754$44,225$47,600$42,134$37,588
2021N/A$42,091$31,098$36,800$32,904$29,622
2020$51,171$35,839$27,565$33,700$30,711$27,638
2019$42,569$30,137$22,834$30,200$27,523$24,769
2018$33,281$25,192$20,001$24,400N/AN/A
2017$29,351$23,739$18,671$22,200N/AN/A
2016$25,988$21,332$18,038$19,200N/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