Tesla Motors Model 3 Depreciation

Tesla Motors Model 3 Depreciation Rate

5 Year Depreciation Rate

A 2020 Tesla Motors Model 3 has a forecasted 5 year depreciation rate of 52%.

In 5 years its value is expected to decrease approximately $21,837 from its new price of around $41,994 down to $20,157.

Make / Model Initial MSRP Forecasted Depreciation Rate Forecasted Value Change In 5 Years Residual Value In 5 Years
Tesla Motors Model 3 $41,994 52% $21,837 $20,157
Top 10 Percentile For Residual Value

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Tesla Motors Model 3 Historical Depreciation Table

Below is a historical table for the Tesla Motors Model 3 that displays year by year depreciation data.

Model Year Price When New (%) Current Depreciation ($) Current Depreciation Current Residual Value
2020 $41,994 15% $6,304 $35,690
2019 $45,463 26% $11,675 $33,788
2018 $53,000 29% $15,519 $37,481
2017 $39,500 18% $7,062 $32,438

Forecasted "5 Year Depreciation" Of A 2020 Tesla Motors Model 3 Vs. Comparables