Market retention
Tesla Model S depreciation after 10 years.
A 2016 Tesla Model S is currently worth about $16,748—13% of the newest year's market value.
Observed value after 10 years
$16,748
87% below the newest year's price in this study.
Newest market year
2026
Fair price $133,102
Observed value after 10 years
$16,748
87% below the newest year's price
Value retained
13%
Of the newest year's price
Observed market data
Value retention by model year.
Each bar compares a year's current fair price with the newest Tesla Model S in this study.
2026
Newest year
$133,102 100%2025
1 years old
$98,457 74%2024
2 years old
$75,409 57%2023
3 years old
$58,443 44%2022
4 years old
$48,765 37%2021
5 years old
$43,497 33%2020
6 years old
$31,583 24%2019
7 years old
$29,195 22%2018
8 years old
$22,093 17%2017
9 years old
$19,487 15%2016
10 years old
$16,748 13%
Need the numbers behind this chart? Download the observed data and methodology (JSON).
How to read this
This study compares similarly adjusted listings from different model years today. It shows the shape of today's market—not a guarantee about a specific vehicle's future value.
Long-term estimate
12-year value outlook.
Observed rows use current listings. Later rows extend the measured annual decline and are clearly marked as projected.
| Age (yrs) | Model year | Est. miles | Resale value | Retention | Basis |
|---|---|---|---|---|---|
| 0 | 2026 | 0 | $133,102 | 100% | Market |
| 1 | 2025 | 12,000 | $98,457 | 74% | Market |
| 2 | 2024 | 24,000 | $75,409 | 57% | Market |
| 3 | 2023 | 36,000 | $58,443 | 44% | Market |
| 4 | 2022 | 48,000 | $48,765 | 37% | Market |
| 5 | 2021 | 60,000 | $43,497 | 33% | Market |
| 6 | 2020 | 72,000 | $31,583 | 24% | Market |
| 7 | 2019 | 84,000 | $29,195 | 22% | Market |
| 8 | 2018 | 96,000 | $22,093 | 17% | Market |
| 9 | 2017 | 108,000 | $19,487 | 15% | Market |
| 10 | 2016 | 120,000 | $16,748 | 13% | Market |
| 11 | 2015 | 132,000 | $19,965 | 15% | Projected |
Mileage assumes ~12,000 mi/yr. Projected values use the fitted depreciation rate and are floored at 15% of the newest year's value; they are estimates, not guarantees.
Common questions
Tesla Model S depreciation FAQ.
How fast does the Tesla Model S depreciate?
About 18.4% per year, based on a comparison of mileage-adjusted market prices across model years.
What is a Tesla Model S worth after 10 years?
A 2016 Tesla Model S is worth roughly $16,748—about 13% of the newest year's fair price.
What will a Tesla Model S be worth at 11 years old?
Projecting the 18.4%-per-year rate forward, a 11-year-old Tesla Model S (around 132,000 miles) would be worth about $19,965—roughly 15% of the newest year's value. A projection, not a guarantee.
Cross-sectional depreciation estimate from live market listings, adjusted for mileage · updated 8/4/2026. Estimates only; your car's value depends on condition, options, and location.