Here's How Much A 2021 Tesla Model 3 Has Depreciated In 5 Years CarEdge data indicates that a 2021 Tesla Model 3 has lost 59% of its value over five years, assuming the vehicle remains in good condition, originally priced at $51,380, and driven 13,500 miles annually. However, this figure differs from Kelley Blue Book (KBB) estimates, which report a 51% depreciation rate for the entry-level Model 3, based on its original price of $39,190 and current resale value of $19,150. The discrepancy highlights the variability in depreciation calculations across different valuation sources. The 2021 Model 3 was available in three trim levels, each with distinct depreciation rates. The Standard Range Plus trim, the base model, depreciates the least at 51%, according to KBB. This version includes features like heated front seats, simulated leather upholstery, wireless smartphone charging, 263 miles of range, a 7.6-kW onboard charger, and 170 kW max Supercharging. The Long Range trim, positioned as the mid-market option, offers additional features such as standard all-wheel drive, heated rear seats, and a 15-speaker premium sound system. It provides 353 miles of range and a larger 11.5-kW onboard charger, capable of charging at up to 250 kW on Tesla’s Supercharger network. This trim has experienced a 55% depreciation over five years, with its resale value dropping from $48,190 to $21,600. The top-tier Model 3 Performance trim has suffered the highest depreciation, losing 57% of its value. Originally priced at $56,190, its current resale value stands at $24,100. This trim is notable for its enhanced performance capabilities, though its depreciation rate underscores the challenges faced by high-end electric vehicles in maintaining value over time.#tesla_model_3 #kelly_blue_book #polestar_2 #tesla_model_s #porsche_taycan
