7 model years · 4,905 listings tracked

Tesla Model Y depreciation

$47,903
495 listings
$20,142
5-model-year price gap
less than the 2026
$27,761
803 listings

The 2021 typically asks 42% less than the 2026 in this snapshot, across 5 model years.

The 2020 Tesla Model Y asks about 44% less than the 2026 across 6 model years — the curve below tracks every year from 2026 to 2020, priced from 4,905 live dealer listings.

These are current dealer asking prices for different vehicles, not a forecast, original MSRP comparison or final sale prices. Mileage, trim, condition and generation changes can affect the gap.

◷ Updated September 9, 2026 ▤ National asking prices, refreshed daily

2026 Tesla Model Y — a typically priced live listing
2026 · live listing photo

What the Tesla Model Y depreciation curve means for buyers

Which single model year costs the most to skip?

2026 typical
$47,903
2025 typical
$39,000
one year of age
$8,903

19% of the 2026 price

Across the 2020–2026 model years, 2026 → 2025 is the biggest single-model-year asking-price step in this sample.

Priced from 495 and 320 live listings.

How do asking prices compare five model years apart?

2026 typical
$47,903
2021 typical
$27,761
share of newer-year ask
58%

$20,142 below the 2026 ask

A 2021 — five model years older — asks 58% of what the 2026 asks. The Share-of-baseline-ask column in the table below runs the same share for every year.

Priced from 495 and 803 live listings.

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Tesla Model Y depreciation curve

  • −44%
    Asking-price difference, 2026 → 2020
  • ≈7.3%
    Price difference per model year (not a forecast)
  • −$8,903
    Steepest drop, 2026 → 2025
  • $26,999
    Cheapest model year (2020)

Typical asking price by model year, newest on the left — labels compare asking prices with the 2026. Hover a point for that year's price band.

A 2020 Tesla Model Y typically lists at $26,999 — 44% below the 2026's $47,903.

$30K $35K $40K $45K −19% −23% −30% −37% −44%
2026 2025 2024 2023 2022 2021 2020
Year Typical price Share of baseline ask vs. next-newer year Avg. mileage Listings
2026 $47,903 100% 12,190 495
2025 $39,000 81% −$8,903 28,538 320
2024 $36,990 77% −$2,010 36,746 692
2023 $33,544 70% −$3,446 44,941 1,282
2022 $30,244 63% −$3,300 62,208 1,087
2021 $27,761 58% −$2,483 70,964 803
2020 $26,999 56% −$762 71,159 226

Typical price is the median (or average when the median is unavailable) asking price of that model year's live dealer listings, national. Share of baseline ask is each year's asking price as a percentage of the newest year's asking price in the same group of available model years. Updated September 9, 2026.

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Frequently asked questions

How much does a Tesla Model Y depreciate per year?

This snapshot does not measure annual depreciation of one car. The 2020 typically asks $26,999, 44% below the 2026's $47,903. These are different vehicles listed on September 9, 2026; mileage, trim, condition and redesigns can affect the difference.

How do older Tesla Model Y asking prices compare with the newest model year?

A 2020 Tesla Model Y asks about 56% of the 2026's typical asking price ($26,999 vs $47,903). The “Share of baseline ask” column in the table above shows the same share for every model year in between.

Which Tesla Model Y model year is cheapest?

The 2020 Tesla Model Y is the most affordable model year we track, typically listed at $26,999 — 44% below the 2026's typical $47,903. Compare every year in the table above.

How many Tesla Model Y model years can I compare here?

This depreciation curve covers 7 model years, from 2020 to 2026, each priced from live dealer listings and refreshed daily.

Shopping for your next car?

Check individual VINs before you buy — decode the exact trim and mileage, see every active listing, and how each price compares to the local market.