Tesla Model 3 Depreciation Calculator
Calculate the Tesla Model 3 depreciation rate by year, mileage, and country — with accident-history adjustments and a year-by-year depreciation chart.
The Tesla Model 3 is the best-selling electric sedan globally, offering strong range, OTA updates, and access to the Supercharger network. Depreciation has been volatile due to Tesla's frequent MSRP cuts, but the refreshed 'Highland' generation and improving used-EV demand have stabilized retained value compared to the 2022–2023 drop.
Depreciation inputs
Current generation — no successor has launched yet.
Depreciation curve · your ownership window
Year-by-year depreciation
Depreciation rate per year, based on an MSRP of $46,990
| Age | Value | % Retained | Annual depreciation |
|---|---|---|---|
| New | $46,990 | 100% | — |
| Year 1 | $36,652 | 78% | -$10,338 (22%) |
| Year 2 | $31,953 | 68% | -$4,699 (12.8%) |
| Year 3 | $28,194 | 60% | -$3,759 (11.8%) |
| Year 4 | $24,905 | 53% | -$3,289 (11.7%) |
| Year 5 | $22,085 | 47% | -$2,820 (11.3%) |
| Year 6 | $19,736 | 42% | -$2,349 (10.6%) |
| Year 7 | $17,386 | 37% | -$2,350 (11.9%) |
| Year 8 | $15,507 | 33% | -$1,879 (10.8%) |
| Year 9 | $13,627 | 29% | -$1,880 (12.1%) |
| Year 10 | $11,748 | 25% | -$1,879 (13.8%) |
Tesla Model 3 depreciation by country
The same car depreciates at different rates in different markets. Here's how the Tesla Model 3 depreciation rate changes across the seven major markets we track.
Baseline market. The Model 3 faced steep depreciation in 2022–2023 due to repeated MSRP cuts and the $7,500 used EV tax credit reshaping used prices. Retention has stabilized with the Highland refresh.
Strong demand in BC, Quebec, and Ontario where provincial EV rebates apply. Cold-weather range concerns soften winter resale slightly, but Supercharger access keeps values firmer than most EV rivals.
Popular as a company car due to favorable BIK tax rates, which props up 3-year resale. Post-lease volume has pushed 2021–2022 used prices down sharply, though Highland models are holding better.
Strong in Norway, Netherlands, and Germany where EV incentives and charging networks are mature. Depreciation is moderate but faces growing pressure from BYD, BMW i4, and Polestar 2 competition.
Tesla only officially entered Saudi Arabia in 2024, so earlier grey-market Model 3s depreciate quickly due to limited service support. Heat impact on battery longevity is a buyer concern.
No official Tesla presence until recently, and import duties push prices extremely high. Charging infrastructure gaps and battery service uncertainty cause steep depreciation on imported units.
Model 3 is Australia's best-selling EV and holds value well thanks to limited EV competition and strong Supercharger coverage. Long Range AWD trims retain noticeably better than base RWD.
Tesla Model 3 depreciation after an accident
An accident on a vehicle's history permanently increases its depreciation rate, even after perfect repairs. Here's how much extra depreciation each severity level adds to a Tesla Model 3.
Paintwork, bumper scuffs, non-structural repairs. Disclosed on history reports but limited resale impact.
Panel replacement, airbag deployment, meaningful CARFAX entry. Significantly accelerates depreciation.
Frame damage, flood, salvage title. Permanent depreciation hit even after full restoration.
This "diminished value" is the extra depreciation a car carries after an accident. Insurance rarely reimburses it — our calculator bakes it into every depreciation estimate.