Sunday, January 23, 2022
News The Tesla Model S Stands Out When it Comes to Used Car...

The Tesla Model S Stands Out When it Comes to Used Car Resale Value

  • Tesla Model S pre-owned resale values are going up

Used cars have been exploding in value in recent months, a trend explained by the limited number of new cars available on the market because of the global microprocessor shortage.  One particular used car, the Tesla Model S, appears to be doing even better than its peers.

The news comes from InsideEVs which received data from Capital One’s Auto Learning Center. It appears that the Tesla Model S preserves a larger percentage of its original value compared to competitors from Audi, BMW, and Lexus. The data compiled suggests that a Tesla Model S from the 2012 to 2015 generation retains 38% of its original value compared to around 22% for similar models.

The resale value of Tesla vehicles has been a subject of debate for some time. Because the brand is relatively new still, having introduced its first model 10 years ago, and because it only reached significant sales volumes a few years ago, there just isn’t a lot of data to compile a definitive resale value guide for Tesla vehicles.

That said, the huge demand for Tesla which is running into production delays of its own like every other automaker means that pre-owned vehicles are seeing a bump in value.

Moreover, the reliability and long-term durability data on Tesla vehicles suggests that their reliability is nothing to worry about even after 5 years. The next few years will be even more telling when it comes to resale value as we will begin to see more and more Tesla Model 3 sedans and Tesla Model Y SUVs on the pre-owned market. For now, however, it appears that anybody looking for a Tesla vehicle today on the pre-owned market will have to pay a premium.

Trending Now

Only Ford and GM Scored Points for their Driver Monitoring Systems

The systems from BMW, Tesla and Subaru were also tested Driver monitoring makes sure the driver is paying attention to the road when...

Volkswagen Once Again Reminding us that the ID. Buzz Goes Live on March 9th

VW teased us with the Buzz in November. This time, they took to Twitter with a quick tour of the last camo’d version. We...

De Tomaso Blames Pandemic, Cancels US Plant in Favour of ‘Ring Works

P72 set to start customer deliveries early 2023 Company blames pandemic delays for cancellation of US plant The return of sports car builder De...

Electric RVs will Soon be a Reality

With all the interest generated by electric propulsion in the world of transportation in general, it is only natural to believe that the recreational...

Rivian to Introduce its Own Multi-Function Tailgate

Rivian’s new tailgate design will rival Ford, Chevy, and Ram’s designs. It will integrate a large central step to ease bed accessibility. Rivian has...
Charles Jolicoeur
Charles Jolicoeur was studying to be a CPA when he decided to drop everything and launch a car website in 2012. Don't ask. The journey has been an interesting one, but today he has co-founded and manages 8 websites including and as General Manager of NetMedia360. He also sits on the board of the Automotive Journalists Association of Canada. Send me an email


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.