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Here’s the Resale Value of a Used Tesla Model Y After 3 Years

KBB’s current estimate for a 2023 Tesla Model Y is $30,300 resale or $29,300 trade-in, but a vehicle’s mileage, condition, trim, options and local market affect its value.
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A current Kelley Blue Book estimate puts a 2023 Tesla Model Y’s resale value at $30,300 and its trade-in value at $29,300. KBB reports that the vehicle depreciated $17,576, or 36%, over three years. These are estimates, not guaranteed sale prices; the value of a particular Model Y depends on its details and local market.

What is a three-year-old Tesla Model Y worth?

Kelley Blue Book’s live valuation page, accessed October 8, 2026, reports a current resale value of $30,300 and a trade-in value of $29,300 for the 2023 Model Y. KBB also reports $17,576 in depreciation, or 36%, over three years. See KBB’s 2023 Model Y depreciation estimate.

The resale figure is not a promise that an owner will receive $30,300. It is a valuation estimate, and KBB says its depreciation estimates compare private-party values for similar vehicles and incorporate Manheim auction data forecasts. Local market factors, weather and driver performance can affect actual depreciation.

Resale value versus trade-in value

Resale, or private-party, value estimates what a seller might receive in a direct sale to another buyer. Trade-in value estimates what a dealer might offer when taking the vehicle as part of a transaction. The two figures describe different types of transactions, so compare like with like when considering an offer.

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  • 【PRECISE FIT FOR 2025-2026 MODEL Y JUNIPER】: Custom-designed for 5-seat Tesla Model Y Juniper Premium and Performance models. Not compatible with Model Y Standard, Model Y L, or 7-seat configurations. Please verify your vehicle version before ordering (You can refer to the third image in the main product gallery to verify compatibility)
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Edmunds provides a separate example for a 2025 Model Y: approximately $39,678 private-party or $37,227 trade-in for a clean-condition vehicle with no options and about 12,000 miles per year. This is an illustrative appraisal estimate, not a record of an actual sale. View Edmunds’ 2025 Model Y appraisal example.

Why an individual Model Y may be worth more or less

Published figures are starting points, not a single nationwide price for every three-year-old Model Y. Edmunds identifies these vehicle details as appraisal inputs:

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  • Model year and trim: The estimates above cover different model years, and trim affects the appraisal.
  • Mileage: Edmunds’ 2025 example assumes approximately 12,000 miles per year; a vehicle with different mileage may receive a different estimate.
  • Condition: The Edmunds example assumes clean condition. A vehicle in a different condition will not match that example’s assumptions.
  • Options: The Edmunds example assumes no options; equipment can affect the appraisal.
  • Location and market: KBB says local weather and market factors affect actual depreciation.
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How to estimate your own Model Y’s value

  1. Choose the right transaction type. Get a private-party estimate if you plan to sell directly, or a trade-in estimate if you are considering a dealer offer.
  2. Enter the exact vehicle details. Use its model year, trim, mileage, options and condition in a current appraisal tool, rather than relying only on a broad model-year figure.
  3. Use a local estimate. Local market conditions can affect what a vehicle is worth in your area.
  4. Compare offers on the same basis. Where available, compare multiple offers for the same vehicle and transaction type. An estimate is not the same as a completed sale price.

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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