C Car Depreciation
Tesla · suv · luxury

Tesla Model X Depreciation Calculator

Calculate the Tesla Model X depreciation rate by year, mileage, and country — with accident-history adjustments and a year-by-year depreciation chart.

The Tesla Model X is a three-row electric luxury SUV known for its falcon-wing doors, Ludicrous acceleration, and long range. Like most EVs, it has historically depreciated faster than comparable luxury ICE SUVs, with repeated Tesla price cuts accelerating resale value loss — though recent stabilization has improved retained value projections.

1-year depreciation
26%
5-year retention
42%
MSRP
$79,990–$100k
Avg mi / year
12,000

Depreciation inputs

Depreciation during your 5-year ownership
$52,194
-58%
Value at purchase
$89,990
Brand new
Value when you sell
$37,796
5y / 60,000 mi
Depreciation / year
$10,439
Depreciation / mi
$0.87
MX1-2024
1st generation (2024 update) · started 2024

Current generation — no successor has launched yet.

Depreciation curve · your ownership window

BuySell

Year-by-year depreciation

Depreciation rate per year, based on an MSRP of $89,990

Age Value % Retained Annual depreciation
New $89,990 100%
Year 1 $66,593 74% -$23,397 (26%)
Year 2 $56,694 63% -$9,899 (14.9%)
Year 3 $49,495 55% -$7,199 (12.7%)
Year 4 $43,195 48% -$6,300 (12.7%)
Year 5 $37,796 42% -$5,399 (12.5%)
Year 6 $33,296 37% -$4,500 (11.9%)
Year 7 $29,697 33% -$3,599 (10.8%)
Year 8 $26,097 29% -$3,600 (12.1%)
Year 9 $23,397 26% -$2,700 (10.3%)
Year 10 $20,698 23% -$2,699 (11.5%)

Tesla Model X depreciation by country

The same car depreciates at different rates in different markets. Here's how the Tesla Model X depreciation rate changes across the seven major markets we track.

🇺🇸
United States
Baseline

Baseline market with the strongest Supercharger network and service coverage. Model X depreciation has been volatile due to repeated Tesla MSRP cuts, though the federal used EV tax credit supports sub-$25K resale values.

Currency: USD Unit: mi
🇨🇦
Canada
-5% retention

Strong EV demand in BC and Quebec offsets steeper winter-range concerns elsewhere. Provincial rebates on new units pressure used prices, accelerating depreciation slightly versus the US.

Currency: CAD Unit: km
🇬🇧
United Kingdom
-10% retention

Left-hand-drive-only status until recent updates limited UK appeal, and the Model X competes against the cheaper, better-sized Model Y. Depreciation runs steeper than US norms.

Currency: GBP Unit: mi
🇪🇺
Europe
-12% retention

The Model X is niche in Europe due to its size and price versus German luxury EVs like the BMW iX and Audi Q8 e-tron. Resale is softer, though company-car tax benefits help 3-year-old examples.

Currency: EUR Unit: km
🇸🇦
Saudi Arabia
+5% retention

Tesla officially entered Saudi Arabia in 2024, boosting confidence in service and parts. Grey-import Model Xs hold value well among EV early adopters, though heat-related battery concerns temper retention.

Currency: SAR Unit: km
🇮🇳
India
-18% retention

Imported privately with extremely high duties pushing on-road prices above $200K-equivalent. Limited charging and service infrastructure causes accelerated depreciation, especially outside Mumbai and Delhi.

Currency: INR Unit: km
🇦🇺
Australia
-7% retention

Model X sells in low volumes against the far more popular Model Y. Depreciation tracks slightly worse than US due to a thinner used-EV buyer pool and recent aggressive new-unit pricing.

Currency: AUD Unit: km

Tesla Model X depreciation after an accident

An accident on a vehicle's history permanently increases its depreciation rate, even after perfect repairs. Here's how much extra depreciation each severity level adds to a Tesla Model X.

Minor accident
+9% depreciation

Paintwork, bumper scuffs, non-structural repairs. Disclosed on history reports but limited resale impact.

Moderate accident
+20% depreciation

Panel replacement, airbag deployment, meaningful CARFAX entry. Significantly accelerates depreciation.

Major accident
+36% depreciation

Frame damage, flood, salvage title. Permanent depreciation hit even after full restoration.

This "diminished value" is the extra depreciation a car carries after an accident. Insurance rarely reimburses it — our calculator bakes it into every depreciation estimate.

Tesla Model X FAQ

How much does a Tesla Model X depreciate in the first year?
A new Tesla Model X typically depreciates around 26% in its first year — significantly steeper than luxury ICE SUVs, which average 18–20%. Tesla's direct-to-consumer pricing and frequent MSRP adjustments have historically amplified first-year value loss, though recent price stability has tempered this somewhat.
What is a Tesla Model X worth after 5 years?
A Model X purchased new for $90,000 will typically be worth around $37,800 after 5 years and 60,000 miles, retaining roughly 42% of MSRP. Plaid trims depreciate slightly faster in absolute dollars, while low-mileage Long Range examples with recent software and battery health can command a 5–8% premium.
Why does the Tesla Model X depreciate faster than other luxury SUVs?
Three factors drive faster Model X depreciation: repeated Tesla price cuts that reset the used market, battery-degradation concerns on older high-mileage units, and rapid technology turnover (MCU, autopilot hardware, interior updates). A 2020 Model X can look dated next to a 2024 refresh, which hurts resale more than generational changes in traditional luxury SUVs.
How does mileage affect Tesla Model X depreciation?
Each mile over the 12,000/year average reduces Model X value by approximately $0.015. Buyers pay close attention to battery degradation, so a 100,000-mile Model X with 90%+ battery health often retains $3,000–$5,000 more than one with visible range loss. Supercharger usage history is increasingly scrutinized as well.
Does an accident hurt Tesla Model X resale value more than other SUVs?
Yes. A minor accident reduces Model X resale by around 9%, moderate damage by about 20%, and major structural damage by 36% — slightly worse than comparable ICE SUVs. Tesla's aluminum-intensive body, specialized repair network, and buyer sensitivity to Carfax records all amplify diminished value on damaged examples.