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2020 Tesla Model 3 Value
2020 Tesla Model 3
2020 Tesla Model 3 trade-in prices range from $32,469 - $48,197. Get a more accurate value for your car with the Edmunds appraisal tool.
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Estimated values for the 2020 Tesla Model 3
Values based on 12,000 miles driven per year, with no color or options selected
Standard Range Plus 4dr Sedan (electric DD) with no options
ConditionTrade-InPrivate PartyDealer Retail
Outstanding$35,326$38,032$40,860
Clean$34,735$37,353$40,084
Average$33,750$36,220$38,791
Rough$32,469$34,748$37,110
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Did you know your car depreciates every year? Here is a guide to help you understand the value of your car.
Total Depreciation-$16,133
Based on Good Condition for five years
2020 Tesla Model 3
Standard Range Plus 4dr Sedan (electric DD) with no options
Total Depreciation
2021
$39,825
-$6,034
2022
$37,355
-$2,470
2023
$34,655
-$2,700
2024
$32,121
-$2,534
2025
$29,726
-$2,395
Value breakdown
2020 Tesla Model 3
Standard Range Plus 4dr Sedan (electric DD) with no options
YearCar ValueDepreciation
2021$39,825-$6,034
2022$37,355-$2,470
2023$34,655-$2,700
2024$32,121-$2,534
2025$29,726-$2,395
Total Depreciation
Over five years
-$16,133
Helpful information for you
Estimated Value Today
  • $34,735 - $37,353
  • Based on good condition.
Depreciation Insights
  • Different cars depreciate at different rates.
  • In general, new cars lose 60% of their MSRP in the first five years.
Know Your Car’s Worth
  • Nearly every vehicle depreciates over time.
  • With our free appraisal tool, you can get an accurate price for your car in minutes.
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