Yes, It Holds Value Better
The 2023 Tesla Model 3 holds value better than the Polestar 2. Our estimates show 46% depreciation after 3 years. That leaves a typical private resale value near $21,800 from the $40,630 original price. Polestar 2 models lose 55% to 60% in the same period. Trade-ins for a 3-year-old Model 3 often hit $19,800.
Recent resale trends confirm this gap. Actual values change based on mileage, condition, options, and location.
| Year | Model 3 Resale Value | Year-Over-Year Drop | Polestar 2 Typical Resale |
|---|---|---|---|
| 2023 (new) | $40,630 | n/a | ~$60,000 MSRP |
| 2024 | $31,146 | $9,484 | ~$42,000 (30% loss) |
| 2025 | $26,626 | $4,520 | ~$33,000 (45% loss) |
| 2026 | $21,800 | $4,826 | ~$24,000 (60% loss) |
Tesla pulls ahead because buyers want its brand more. Software updates keep features current. The Supercharger network draws in more people. This boosts used prices and speeds up sales. Polestar 2 resale lags due to lower demand and less convenient charging for some.
Values can shift. New Tesla price cuts sometimes drag used prices down. High mileage, accidents, or missing options hurt value too. Still, a clean 2023 Model 3 keeps 50% to 65% of its value after 3 years. Polestar 2 stays below that.
Tips to Protect Your Model 3 Value
- Drive under 13,500 miles per year.
- Update software right away and log it in your records.
- Care for the battery: skip full 100% charges often, use scheduled charging, keep it plugged in when parked long-term.
- Repair paint chips and wheel rash fast. Stick with factory wheels and tires.
- Keep both keys, the charging cable, and manuals for resale.
- Build trust with a clean service history and pre-sale inspection.
Sell smart to get top dollar. Private sales beat trade-ins. Aim for $21,800 private party on a 3-year-old Model 3. Trade-ins average $19,800. Use sharp photos, full service logs, and clear option lists to hit the high end.
Sidekick tracks your specific car and delivers live, location-based value forecasts with custom selling tips.