Tesla Model Y Depreciation

A 6-year-old Model Y sells for a median $26,54533.1% below a 1-year-old at $39,700 — based on 6,983 live used listings across 6 model years (computed 2026-08-16).

Value by model year

Median advertised price of each model year on the used market today.

2025 (1yr)
$39,700
100%
2024 (2yr)
$36,948
93.1%
2023 (3yr)
$33,281
83.8%
2022 (4yr)
$30,584
77%
2021 (5yr)
$27,982
70.5%
2020 (6yr)
$26,545
66.9%
Model yearAgeMedian pricevs 1-year-oldListings
20251 yr$39,700100%389
20242 yr$36,94893.1%1,186
20233 yr$33,28183.8%2,232
20224 yr$30,58477%1,433
20215 yr$27,98270.5%1,339
20206 yr$26,54566.9%404

Median advertised prices from live used-market listings, computed 2026-08-16. Years with fewer than 25 listings are omitted — never estimated.

See what Model Ys actually sell for near you

Medians are the map — live listings are the territory. Search current Tesla Model Y inventory by year, then negotiate from data.

Search used Model Y listings

Frequently asked questions

How much does a Tesla Model Y depreciate?

Based on live used-market data (6,983 listings, computed 2026-08-16), a 6-year-old Model Y lists for a median $26,545 — 33.1% less than a 1-year-old at $39,700. The year-by-year table above shows where the value falls fastest.

How is this depreciation curve calculated?

It's cross-sectional: for each model year we take the median advertised price of Tesla Model Y listings on the used market today (only years with at least 25 listings count). That answers the practical question — what does each age of this car actually sell for right now — rather than projecting a hypothetical future.

Are these prices what I should pay?

They are median ADVERTISED prices — the starting point, not the finish line. Real buyers negotiate below asking; search live listings to see current local inventory, and remember advertised medians include dealer pricing strategy, not just vehicle value.

Is the Model Y a good buy used?

The curve is the honest answer: a steep early drop makes 2–3-year-old examples the value pick; a flat curve means used examples stay expensive and buying new (or newer) costs less than it appears. For the Model Y, the table above shows exactly which ages carry the steepest discounts.

Depreciation by model