Tesla Model 3 Depreciation. Typically on average a car depreciates about 39 over its three-year. Tesla Model 3 Three-Year Depreciation Is 10.
In 5 years its value is expected to decrease approximately 21837 from its new price of around 41994 down to 20157. This is the best performance of any vehicle sold in America. These results are for vehicles in good condition averaging 13500 miles per year.
Try other age and ownership length combinations or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest.
It is really a low rate compared to other vehicles. Enter your purchase price expected ownership period and estimated miles driven annually. As it turns out the Tesla Model 3 is able to retain its value over five times better than other EVs in the market. The chart below shows the expected depreciation for the next 10 years.
