A 2021 Tesla Model Y still asks 52% of what a 2026 one does — that's how much value it holds after 5 years. Among 87 suvs we price, that ranks #31, above the 47% class median. The steepest single-year drop comes at year 1 (−16%), after which losses ease to about 14.4% a year. Mileage costs it 40%: the same car reads 100k–150k instead of Under 40k miles. Calculated from 226 listings.
Tesla Model Y value by year
| Year | Trade-in | Median | Dealer | Listings |
|---|---|---|---|---|
| 2026 | $34,800 | $55,000 | 15 | |
| 2025 | $32,978 | $46,985 | 8 | |
| 2024 | $26,920 | $42,495 | 33 | |
| 2023 | $23,999 | $38,990 | 48 | |
| 2022 | $19,700 | $33,495 | 31 | |
| 2021 | $19,080 | $29,490 | 50 | |
| 2020 | $17,990 | $29,995 | 27 | |
| 2019 | $15,963 | $24,500 | 3 | |
| 2017 | $24,495 | $28,500 | 5 | |
| 2016 | $15,495 | $17,500 | 3 | |
| 2014 | $32,500 | $32,500 | 3 |
How the Tesla Model Y depreciates
The newest Tesla Model Y has a median asking price of $49,978; a 12-year-older one runs about $32,500 — roughly 35% lost over 12 years (compare the typical depreciation curve by age).
Does the Tesla Model Y hold value better than its rivals?
Over the same 5 years the Toyota RAV4 keeps 60%, the Jeep Wrangler 56% and the Honda CR-V 59%, against 52% for the Model Y. The Toyota RAV4, Jeep Wrangler and Honda CR-V hold value better than the Model Y.
The Tesla Model Y market right now
Adjust your Tesla Model Y value for mileage
Crossing 100k miles costs a Tesla Model Y about 40% of its under-40k asking price:
Trade-in, private-party & dealer price
For a 2026 Tesla Model Y: a dealer trade-in offer is around $34,800, selling private-party nets about $49,978, and a lot asks near $55,000 — a $20,200 spread on the same car.
What sellers really ask, from our own listings: for the same model year, the Model Y costs a median 5% more from a dealer than from a private seller, across the 7 recent model years with enough of both. Title, state and mileage effects are on the Tesla Model Y price page.
| Model year | Private seller (listings) | Dealer (listings) | Dealer vs private |
|---|---|---|---|
| 2026 | $46,500 (19) | $48,914 (38) | +5% |
| 2025 | $37,600 (5) | $40,242 (24) | +7% |
| 2024 | $30,000 (15) | $36,977 (83) | +23% |
| 2023 | $31,000 (61) | $33,299 (113) | +7% |
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Tesla Model Y value FAQ
How much is a Tesla Model Y worth?
It depends mostly on the model year: in our listings the median asking price runs from $15,990 to $49,978 across 11 model years. A 2026 is worth about $49,978, the median of 15 listings.
How much does mileage cut a Tesla Model Y's value?
Among Model Ys from the last eight model years, those with under 40,000 miles ask a median $36,500, and those with over 150,000 miles ask $19,052; crossing 100,000 miles alone costs about 40%.
Is a Tesla Model Y cheaper from a dealer or a private seller?
Usually from a private seller: for the same model year, dealers ask a median 5% more, across 7 recent model years in our listings.
Does the Model Y hold value better than the Toyota RAV4?
No: over 5 years the Model Y keeps 52% of its value and the Toyota RAV4 60%, by the median asking prices of the 2026 and 2021 model years.
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