Depreciation & used values · SUV (EV)
Tesla Model X depreciation
The Tesla Model X loses about 50% 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.
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 | £86,000 | £76,100–£95,850 | 96% |
| 2025 | 1 yr | 10,000 | £62,050 | £54,650–£69,400 | 69% |
| 2024 | 2 yrs | 20,500 | £54,450 | £47,750–£61,150 | 57% |
| 2023 | 3 yrs | 30,500 | £47,650 | £41,600–£53,700 | 48% |
| 2022 | 4 yrs | 40,500 | £37,900 | £32,900–£42,850 | 40% |
| 2020 | 6 yrs | 61,000 | £22,500 | £19,350–£25,600 | 28% |
| 2019 | 7 yrs | 71,000 | £20,700 | £17,750–£23,650 | 24% |
| 2018 | 8 yrs | 81,000 | £17,550 | £14,950–£20,100 | 21% |
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
Wait — Still shedding value quickly — buying older saves the most
- Loses about 16% a year around 3 years old
- UK numbers steady (+0.5% year on year)
- Reliability 76/100
Model X depreciation — quick answers
How much does a Tesla Model X depreciate?
The Tesla Model X loses about 50% 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 £53,700 depending on condition and history.
When is the best time to buy or sell a Tesla Model X?
Still shedding value quickly — buying older saves the most. It loses about 16% a year around 3 years old.