A 2021 Tesla Model X still asks 33% of what a 2026 one does — that's how much value it holds after 5 years. Among 87 suvs we price, that ranks #82, below the 47% class median. The steepest single-year drop comes at year 5 (−33.5%), after which losses ease to about 15.2% a year. Mileage costs it 63%: the same car reads 100k–150k instead of Under 40k miles. Calculated from 119 listings.
Tesla Model X value by year
The newest Model X at under half the 2024 price is the 2021, with a median asking price of $35,900 (48% of it).
| Year | Trade-in | Median | Dealer | Listings |
|---|---|---|---|---|
| 2026 | $69,999 | $156,500 | 4 | |
| 2025 | $93,900 | $115,000 | 5 | |
| 2024 | $59,995 | $86,900 | 17 | |
| 2023 | $48,880 | $79,000 | 9 | |
| 2022 | $25,000 | $65,000 | 9 | |
| 2021 | $32,900 | $43,000 | 7 | |
| 2020 | $25,500 | $37,791 | 13 | |
| 2019 | $20,500 | $39,000 | 8 | |
| 2018 | $17,999 | $30,115 | 15 | |
| 2017 | $19,000 | $28,900 | 16 | |
| 2016 | $18,000 | $29,990 | 16 |
How the Tesla Model X depreciates
The newest Tesla Model X has a median asking price of $109,998; a 10-year-older one runs about $23,750 — roughly 78% lost over 10 years (compare the typical depreciation curve by age).
Does the Tesla Model X hold value better than its rivals?
Over the same 5 years the BMW X5 keeps 50%, the Cadillac Escalade 58% and the Toyota Sequoia 60%, against 33% for the Model X. The BMW X5, Cadillac Escalade and Toyota Sequoia hold value better than the Model X.
The Tesla Model X market right now
Adjust your Tesla Model X value for mileage
Crossing 100k miles costs a Tesla Model X about 63% of its under-40k asking price:
Trade-in, private-party & dealer price
For a 2024 Tesla Model X: a dealer trade-in offer is around $59,995, selling private-party nets about $74,823, and a lot asks near $86,900 — a $26,905 spread on the same car.
What sellers really ask, from our own listings: for the same model year, the Model X costs a median 9% more from a private seller than from a dealer, across the 4 recent model years with enough of both. Title, state and mileage effects are on the Tesla Model X price page.
| Model year | Private seller (listings) | Dealer (listings) | Dealer vs private |
|---|---|---|---|
| 2022 | $56,900 (7) | $56,885 (20) | same |
| 2021 | $39,000 (5) | $37,915 (8) | −3% |
| 2020 | $35,000 (14) | $29,837 (24) | −15% |
| 2019 | $34,050 (8) | $28,999 (13) | −15% |
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Tesla Model X value FAQ
How much is a Tesla Model X worth?
It depends mostly on the model year: in our listings the median asking price runs from $21,994 to $109,998 across 11 model years. A 2024 is worth about $74,823, the median of 17 listings.
How much does mileage cut a Tesla Model X's value?
Among Model Xs from the last eight model years, those with under 40,000 miles ask a median $67,963, and those with over 150,000 miles ask $23,990; crossing 100,000 miles alone costs about 63%.
Which Tesla Model X year is the best value?
The newest Model X at under half the 2024 price is the 2021, with a median asking price of $35,900 (48% of it).
Is a Tesla Model X cheaper from a dealer or a private seller?
Usually from a dealer: for the same model year, private sellers ask a median 9% more, across 4 recent model years in our listings.
Does the Model X hold value better than the BMW X5?
No: over 5 years the Model X keeps 33% of its value and the BMW X5 50%, by the median asking prices of the 2026 and 2021 model years.
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