Fair market value

Tesla Model Y prices

Current fair market values by model year, with depreciation and cost-to-own estimates.

Newest model year fair price

$47,442

Mileage-adjusted from live market listings

Avg. depreciation / yr

9.2%

5-yr cost to own

$18,193

Pricing by model year

Model yearFair priceMSRP
2026$47,442$39,990View 2026 pricing →
2025$40,059$44,990View 2025 pricing →
2024$36,455$47,990View 2024 pricing →
2023$32,994$43,990View 2023 pricing →
2022$30,910$65,990View 2022 pricing →
2021$27,460$41,990View 2021 pricing →
2020$25,798$52,990View 2020 pricing →

Market demand

The Tesla Model Y has about 39 days of national market supply — a fairly balanced market. See each model year for the negotiating-leverage read.

Depreciation

The Tesla Model Y depreciates about 9.2% per year. See the full depreciation curve →

Cost to own (5 years)

Estimated 5-year depreciation of about $18,193 (insurance, maintenance, and repairs excluded). See the breakdown →

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Prices are computed from live market listings, adjusted for mileage · updated 8/1/2026. Estimates only; your price depends on condition, options, and location.