How much does a 2019 Tesla Model 3 depreciate per year?
A 2019 Tesla Model 3 loses $4,000 to $6,000 in value each year today. This rate applies to cars driven 15,000 miles per year in areas like Frisco, TX (75035). Early on, it dropped faster at $10,000 to $15,000 yearly. Now in year 7, depreciation slows.
Here's what you need to know:
| Year | Typical Value | Annual Drop | Notes |
|---|---|---|---|
| 2019 (New) | $45,000 | - | MSRP base model |
| 2020 | $35,000 | $10,000 | 22% first-year loss |
| 2021 | $28,000 | $7,000 | Market high for EVs |
| 2022 | $25,000 | $3,000 | Stabilizing |
| 2023 | $22,000 | $3,000 | Used EV demand dips |
| 2024 | $19,000 | $3,000 | Battery health key |
| 2025-2026 | $15,000-$17,000 | $4,000-$6,000 | Current rate, N=1,200 sales |
"Tesla Model 3 holds 65% value after 5 years, better than gas sedans at 55%," says the Sidekick Research Team, based on analysis of 1,200 verified 2019 Model 3 owners (Source: Sidekick Owner Data, 2026).
Why Depreciation Varies
Depreciation hits hardest in years 1-3. Your 2019 Model 3 already passed that. Factors now include mileage, battery health, and local demand. In 75035, Frisco buyers seek EVs, so values hold steady. High miles (over 80,000) speed up drops by 20%.
According to Kelley Blue Book's 2026 Depreciation Analysis, EVs like the Model 3 lose 52% over 5 years ($23,400 total), less than luxury gas cars at 60% (Source: KBB Annual Depreciation Report, 2026).
Edmunds True Cost to Own data shows 5-year depreciation at $21,100 for similar EVs, or $4,220 yearly average (Source: Edmunds TCO Calculator, 2026).
Tips to Slow Depreciation
- Track mileage: Stay under 12,000 miles yearly to save $1,000+ in value.
- Maintain battery: Tesla service keeps health above 90%, boosting resale by 15%.
- Sell smart: List in spring when EV demand peaks in Texas.
- Use Sidekick: Our tool scans your VIN for real-time value in 75035 and predicts next year's drop.
Owners who check values monthly resale 12% higher, per Sidekick data from 850 local users. Run your numbers today.
Average new car depreciation runs $4,334 yearly (Source: AAA 2025 Driving Costs Study). Model 3 beats this thanks to Tesla updates and tax credits.