Depreciation & used values · SUV (EV)
Tesla Model X depreciation
The Tesla Model X loses about 38% of its value in its first three years. From a list price of £90,000, a 2023 example with around 30,500 miles on the clock is worth about £47,650 today. The year-by-year table below values every age of Model X at its typical mileage, from the same model behind its full profile.
How this curve is built — the level is pinned to a researched used-market price for this model (AutoTrader median, 2023 at 30k miles). The curve shape itself is a segment-level model shared with similar cars, not a per-model measurement, so treat the year-on-year pattern as indicative and the anchored year as the firm point.
Value by registration year
What a used Model X is worth, year by year
Each row values that year's Model X at its typical mileage (10,137 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 | 5,000 | £69,200 | £61,250–£77,200 | 77% |
| 2025 | 1 yr | 10,000 | £66,350 | £58,450–£74,250 | 74% |
| 2024 | 2 yrs | 20,500 | £56,250 | £49,300–£63,150 | 59% |
| 2023 | 3 yrs | 30,500 | £47,650 | £41,600–£53,750 | 48% |
| 2022 | 4 yrs | 40,500 | £40,400 | £35,100–£45,700 | 43% |
| 2020 | 6 yrs | 61,000 | £28,100 | £24,200–£32,000 | 35% |
| 2019 | 7 yrs | 71,000 | £24,450 | £20,950–£27,950 | 29% |
| 2018 | 8 yrs | 81,000 | £20,750 | £17,700–£23,800 | 24% |
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 X profile →
The depreciation curve
Share of original value retained by age (to 8 years). The same curve drives the interactive chart on the profile.
Best time to buy or sell
Hold — Fair value — depreciation is moderating
- Loses about 11% a year around 3 years old
- UK numbers steady (+0.5% year on year)
- Reliability 63/100
Model X depreciation — quick answers
How much does a Tesla Model X depreciate?
The Tesla Model X loses about 38% of its value in the first three years. A 2023 example with around 30,500 miles is worth about £47,650 today.
What is a 2023 Tesla Model X worth?
A 2023 Tesla Model X at a typical 30,500 miles is worth about £47,650 — likely between £41,600 and £53,750 depending on condition and history.
When is the best time to buy or sell a Tesla Model X?
Fair value — depreciation is moderating. It loses about 10.6% a year around 3 years old.