Used Tesla vehicles in the U.S. have experienced a significant decline in resale value, bucking the overall trend of rising prices in the used car market.
While the average price for used cars increased by 1.22% year-over-year, used Tesla prices dropped by 4.59% during the same period, according to recent market data from Car Gurus.
Used Tesla car prices are now down 4.59% year-over-year, compared to the market average being up 1.22%:
| Make/Model | Avg Price | Last 30 days | Last 90 days | Year over Year |
|---|---|---|---|---|
| CarGurus Index | $28,039 | +0.19% | +1.22% | +1.22% |
| Tesla | $27,814 | -1.75% | -4.59% | -4.59% |
Tesla’s used car prices began falling alongside the wider market last year. However, as the used car market started to rebound in early 2025, Tesla’s resale values continued to decline, pushing the average price for a used Tesla below that of the broader used car market, which includes less expensive mass-market vehicles.
This development is notable given Tesla’s reputation as a premium automaker. Among Tesla’s lineup, the Cybertruck and Model 3 have shown some recent signs of price recovery. In contrast, the Model Y — Tesla’s best-selling model by volume — has seen continued depreciation, exerting downward pressure on the brand’s overall used car pricing.
The Model Y, which is by far Tesla’s most popular model by volume, is dragging the average down as it continues to fall:
| Make/Model | Avg Price | Last 30 days | Last 90 days | Year over Year |
|---|---|---|---|---|
| Cybertruck | $83,963 | +0.88% | +0.3% | -30.44% |
| Model 3 | $23,318 | +0.2% | +0.75% | -8.04% |
| Model S | $26,534 | -5.48% | -9.53% | -22.61% |
| Model X | $37,747 | -2.33% | -9.24% | -16.8% |
| Model Y | $29,216 | -0.49% | -0.68% | -11.97% |
The ongoing shift raises questions about consumer perception, supply factors, and potential impacts on Tesla’s residual values as the EV market evolves.