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Here’s How Much a Tesla Model 3 Depreciates After 5 Years

iSeeCars estimates the Tesla Model 3 loses about 54% of its value after five years, with two analyses reporting slightly different percentages and dollar figures.
Entry529 Date Time2 min MechanicCarCody Team
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A Tesla Model 3 loses about 54% of its value over five years in current iSeeCars estimates. The exact figure depends on which iSeeCars analysis you use: its model-specific page reports 53.6% depreciation, while its 2026 used-car study reports 54.6%. These are population-level estimates, not a guaranteed value for a particular car.

What the two iSeeCars estimates say

iSeeCars’ Tesla Model 3 depreciation page, accessed October 8, 2026, estimates that the car loses 53.6% of its value after five years. It lists $19,837 in depreciation and a $17,153 residual value.

Separately, iSeeCars’ 2026 used-car study puts the Model 3’s five-year depreciation at 54.6%, with an average $20,213 difference between MSRP and used price. The study analyzed more than 950,000 five-year-old used cars sold from March 2025 through February 2026.

iSeeCars source Five-year depreciation Dollar figure What the dollar figure represents
Model 3 depreciation page, accessed October 8, 2026 53.6% $19,837 depreciation; $17,153 residual value Model-specific estimate
2026 used-car study 54.6% $20,213 Average MSRP-to-used-price difference

Keep each percentage with its own dollar figure. The estimates use different analyses and are not interchangeable measurements of the same set of cars or an exact asking or sale price for an individual Model 3.

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Why the published percentages differ

The model-specific page describes an analysis of more than 15 million vehicles and estimates depreciation from new and used prices while accounting for automaker and vehicle segment. The 2026 study uses a defined period of used-car sales and inflation-adjusted 2026-dollar MSRPs to model the difference between MSRP and used pricing. Differences in method and cohort can produce slightly different results.

How the Model 3 compares in the 2026 study

In the 2026 study, the Model 3’s 54.6% depreciation is below the 57.2% average for electric vehicles and above the 41.8% average for all vehicles. iSeeCars Executive Analyst Karl Brauer said, “This recent reduction in 5-year depreciation rates suggests rising used car demand and/or insufficient supply over the past 12 months.”

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The model-specific page offers a separate comparison: it reports 53.6% depreciation for the Model 3, 53.8% for its luxury electric compact category, 40.0% for sedans and 41.7% for all cars. Those figures belong to that page’s analysis; they should not be mixed with the 2026 study’s category averages.

How to read the Model 3’s resale-value award

Kelley Blue Book named the Model 3 a 2026 Electric Car Best Resale Value category winner. That award is based on projected residual values for 2026 model-year vehicles in KBB’s January/February 2026 Residual Value Guide. KBB says its projections assume an average-condition vehicle with 75,000 miles after five years. It is a forward-looking projection for a new model-year cohort, not a measured value or promise for any specific five-year-old Model 3.

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KBB also projected that an average 2026 model-year vehicle across the market would retain 45% of its value after five years. That is a broad market projection, not a Model 3-specific estimate.

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What your five-year-old Model 3 may be worth

The roughly 54% figure is a useful benchmark, but it cannot establish the value of your particular car. Mileage, condition, trim, equipment and local market conditions affect an individual valuation. For a vehicle-specific range, enter your details in Kelley Blue Book’s Price Advisor or iSeeCars’ Price My Car tool.

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Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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