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Tesla Depreciation

Hybrid and electric cars typically don't hold their value, as electric car technology changes more quickly than iPhones apps. Tesla, however, bucks this trend in the luxury segment, and does very well among its peers. For the 5-year and 7-year periods, Tesla has ranked in the top 3 among luxury brands. While we just have long-term figures for the Model S and Model X, Tesla's success bodes well for current (no pun intended) and future Tesla models. Early indications on the Model 3 suggest that it will be in a league of its own for maintaining its resale value.

The 2022 is our top pick for the best model year value for the Tesla vehicles. With the 2022, you would only pay, on average, 100% of the price as new, with 100% of the vehicle's useful life remaining. The 2021 and 2018 model years are also attractive years for the Tesla models, and provide a relatively good value. Our rankings consider multiple factors, including original new prices, current prices, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money with a Tesla model.

Tesla Depreciation

Year Depreciation Residual Value Percent Left Value Rating
2022 0.00% 100.00% 100.00% Best
2021 3.41% 96.59% 91.67% Better
2020 11.90% 88.10% 83.33% Good
2019 20.26% 79.74% 75.00% Good
2018 27.42% 72.58% 66.67% Better
2017 31.28% 68.72% 58.33%
2016 36.57% 63.43% 50.00%
2015 47.81% 52.19% 41.67%
2014 53.33% 46.67% 33.33%
2013 54.00% 46.00% 25.00%
2012 55.89% 44.11% 16.67%
Year Depreciation Residual Value Value Rating
2022 0.00% 100.00% Best
2021 3.41% 96.59% Better
2020 11.90% 88.10% Good
2019 20.26% 79.74% Good
2018 27.42% 72.58% Better
2017 31.28% 68.72%
2016 36.57% 63.43%
2015 47.81% 52.19%
2014 53.33% 46.67%
2013 54.00% 46.00%
2012 55.89% 44.11%