Tesla Model S Depreciation

Tesla Model S Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid % Left Years Left Net Used Value ®
2020 $95,799 $95,799 $121 $0 0% 100% 100% 12 0
2019 $95,271 $76,922 $145 $18,877 19.7% 80.59% 91.67% 11 11.08
2018 $94,812 $60,065 $190 $16,857 21.91% 63.15% 83.33% 10 20.18
2017 $94,984 $58,728 $259 $1,337 2.23% 61.56% 75% 9 13.44
2016 $95,360 $52,850 $305 $5,878 10.01% 55.1% 66.67% 8 11.57
2015 $92,618 $46,114 $397 $6,736 12.75% 49.36% 58.33% 7 8.97
2014 $88,663 $38,269 $565 $7,845 17.01% 42.53% 50% 6 7.47
2013 $78,791 $35,216 $645 $3,053 7.98% 43.88% 41.67% 5 -2.21
2012 $79,230 $35,318 $698 +$102 -0.29% 43.7% 33.33% 4 -10.37
Year Price % Paid % Left NUV ®
2020 $95,799 100% 100% 0
2019 $76,922 80.59% 91.67% 11.08
2018 $60,065 63.15% 83.33% 20.18
2017 $58,728 61.56% 75% 13.44
2016 $52,850 55.1% 66.67% 11.57
2015 $46,114 49.36% 58.33% 8.97
2014 $38,269 42.53% 50% 7.47
2013 $35,216 43.88% 41.67% -2.21
2012 $35,318 43.7% 33.33% -10.37
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Used Tesla Model S For Sale

Not shopping in 20146?
2017 Tesla Model S 75D (December 2017) ~ 9k miles!
Price: 48995
Low Depreciation Risk

$48,995


About The Numbers

Our depreciation figures are calculated by aggregating then analyzing pricing, sales and other related automotive data sets.

Here are some brief descriptions of the columns:
  • Year - The vehicle model year.
  • New Price - The geometric mean new price paid of that model year grouped by most the popular trim levels.
  • Current Price - The geometric mean listing price of a used model of that year grouped by the same trim levels.
  • Maintenance - Estimated maintenance and repair costs during that year of ownership.
  • $ Decline - Year over Year price decline.
  • % Decline - Year over Year percentage of decline.
  • % Paid - Percentage paid of the original price.
  • % Left - Percentage left of reliable years of the vehicle.
  • Years Left - Current industry average of years remaining with predictable maintenance and repair costs.
  • Net Used Value ® - Our ranking & sorting index to help you find the model years with the most value.
2,344,925 total data points last analyzed on 04/16/2020.
More questions? Check out our Q&A section here.

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Our Tesla Model S Depreciation Analysis and Recommendations

The Tesla Model S does remarkably well for an alternative fuel vehicle, as most electrics and plug-in hybrids do terribly when it comes to maintaining their value. If you look at Tesla's depreciation curve, you will see that it loses a lot of value in the first two years, but flattens out significantly in later years. This can be a result of purchasers of new Teslas historically getting significant incentives from the government for buying an electric vehicle - at times as much as $7,500 upon purchase. If you buy one used, however, you don't get those incentives. All things considered, if you want a higher-end electric car, with performance, the Model S is tough to beat.

The 2018, 2017 & 2016 Tesla Model S model years are currently the best values.

On average, expect to pay only 63% of the original cost with 83% of the vehicle's lifetime remaining for a 2018 Model S. That gives it a Net Used Value® score of 20.18 which factors in annual maintenance costs, price decline, reliable years left and available inventory.

Also consider the 2017 & 2016 Model S model years. Those currently have a generally low risk of any significant depreciation over the next several years.

Own a 2018 Tesla Model S?

While we would advise holding onto this vehicle for a few years, that's not always the plan. Dealers have access to similar figures so they know that your vehicle has a low risk of depreciation.