How fast does the Tesla Model Y depreciate?
Average depreciation
10.9%per year
The newest Tesla Model Y (2026) has a fair price of about $47,268. Older model years retain progressively less of that value.
Value retention by model year
| Model year | Age (yrs) | Fair price | Retention |
|---|---|---|---|
| 2026 | 0 | $47,268 | 100% |
| 2024 | 2 | $37,520 | 79% |
This is a cross-sectional estimate: it compares the mileage-adjusted market prices of different model years today, not the resale history of a single car. Actual depreciation depends on mileage, condition, trim, and market shifts.
Frequently asked questions
How fast does the Tesla Model Y depreciate?
About 10.9% per year, based on a comparison of mileage-adjusted market prices across model years.
What is a Tesla Model Y worth after 2 years?
A 2024 Tesla Model Y is worth roughly $37,520 — about 79% of the newest year's fair price.
Cross-sectional depreciation estimate from live market listings, adjusted for mileage · updated 6/20/2026. Estimates only; your car's value depends on condition, options, and location.