Depreciation & used values · Saloon (EV)
Tesla Model 3 depreciation
The Tesla Model 3 loses about 54% of its value in its first three years. From a list price of £45,000, a 2023 example with around 36,500 miles on the clock is worth about £18,250 today. The year-by-year table below values every age of Model 3 at its typical mileage, from the same model behind its full profile.
Value by registration year
What a used Model 3 is worth, year by year
Each row values that year's Model 3 at its typical mileage (12,101 miles a year). The headline is the midpoint of a private sale and a dealer forecourt price; the range reflects condition and history.
| Reg year | Age | Typical miles | Est. value | Likely range | Of new price |
|---|---|---|---|---|---|
| 2026 | <1 yr | 6,000 | £36,450 | £33,350–£39,550 | 81% |
| 2025 | 1 yr | 12,000 | £25,600 | £23,350–£27,900 | 54% |
| 2024 | 2 yrs | 24,000 | £21,850 | £19,850–£23,900 | 45% |
| 2023 | 3 yrs | 36,500 | £18,250 | £16,500–£20,000 | 37% |
| 2022 | 4 yrs | 48,500 | £14,000 | £12,600–£15,400 | 31% |
| 2021 | 5 yrs | 60,500 | £10,650 | £9,550–£11,750 | 25% |
| 2020 | 6 yrs | 72,500 | £8,500 | £7,600–£9,450 | 21% |
| 2019 | 7 yrs | 84,500 | £6,850 | £6,050–£7,600 | 18% |
Values are the Forecourt model's estimate at each age's typical mileage, not offers. For a specific mileage, trim and region, use the full Model 3 profile →
The depreciation curve
Share of original value retained by age (to 7 years). The same curve drives the interactive chart on the profile.
Best time to buy or sell
Wait — Still shedding value quickly — buying older saves the most
- Loses about 17% a year around 3 years old
- UK numbers growing (+18.8% year on year)
- Reliability 79/100
Model 3 depreciation — quick answers
How much does a Tesla Model 3 depreciate?
The Tesla Model 3 loses about 54% of its value in the first three years. A 2023 example with around 36,500 miles is worth about £18,250 today.
What is a 2023 Tesla Model 3 worth?
A 2023 Tesla Model 3 at a typical 36,500 miles is worth about £18,250 — likely between £16,500 and £20,000 depending on condition and history.
When is the best time to buy or sell a Tesla Model 3?
Still shedding value quickly — buying older saves the most. It loses about 17.4% a year around 3 years old.