Autolist reports an unprecedented high residual value for the Tesla Model S, based on data on used car sales from January 1, 2012 to August 31, 2016.
Tesla Model S used offers retail much higher than its peers
Tesla residuals are not only the highest among other plug-ins, but is highest for all cars in its class, regardless of the powertrain.
Estimated depreciation rate for Model S versus mileage stands at:
- 6% after 10,000 miles
- 12% after 20,000 miles
- 18% after 30,000 miles
- 23% after 40,000 miles
- 28% after 50,000 miles
- 32% after 60,000 miles
- 37% after 70,000 miles
- 41% after 80,000 miles
- 44% after 90,000 miles
- 48% after 100,000 miles
The Nissan LEAF and BMW i3 at 50k rated at about -59% depreciation, which means a residual value of 41%, while Chevrolet Volt still holds ~55%, but still behind the industry average.
Tesla Model S value (source: Autolist)