4 Tesla Models That Have Plummeted in Value Over the Past Year

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Unfortunately for car shoppers, used car prices have remained high, dropping just 0.8% on average from last year, iSeeCars reported. The exception to this rule are used hybrid and EV prices, which have dropped an average of 15.1% over the same time frame.

While many used hybrids and EVs have seen price drops, Tesla had the largest drop among all brands, with four Tesla models ranking in the top seven used cars with the biggest price drops in the past year, the report found.

Here are the used Tesla models that have seen the biggest value declines over the past year.

Tesla Model S

• Average price (February 2025): $49,366
• Difference year-over-year (dollars): -$9,509
• Difference year-over-year (percent): -16.2%

Tesla Model Y

• Average price (February 2025): $31,247
• Difference year-over-year (dollars): -$5,927
• Difference year-over-year (percent): -15.9%

Tesla Model 3

• Average price (February 2025): $26,354
• Difference year-over-year (dollars): -$4,112
• Difference year-over-year (percent): -13.5%

Tesla Model X

• Average price (February 2025): $55,585
• Difference year-over-year (dollars): -$5,358
• Difference year-over-year (percent): -8.8%

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