Tesla Model 3: 2nd Best Resale Among All Cars, Tops Segment & All Classes

According to Kelley Blue Book, the Tesla Model 3 has the best resale among electric cars. Additionally, it's No. 2 among all vehicles and beats every car in multiple classes.

Steven Loveday

By: Steven Loveday

Jan 25, 2019 at 9:22am ET

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No matter how you frame it, the Tesla Model 3 has better resale value than all rivals.

Let's start by saying the Kelley Blue Book (KBB) awarded the Tesla Model 3 for best resale value among all electric cars. Its larger sibling, the Tesla Model X, grabbed the second position within the same segment. However, the electric car segment is quite small, so while this is impressive, it isn't saying a lot Interestingly, KBB ranked these cars in the electric car category, but didn't talk about how they compare overall or in their respective classes.

The overall winner among all vehicles is the 2019 Toyota Tacoma, which is a compact pickup truck and doesn't compare with either Tesla vehicle. However, KBB says its estimated 36-month resale value is 69.4, only one-tenth of a percent better than the Model 3. Next in line overall is the 2019 Jeep Wrangler, at 66.5 percent. So, while KBB doesn't point it out, over 36 months, the Model 3 is the second-place car in terms of resale value among all vehicles on the U.S. market.

Diving Deeper:

What if the Tesla Model 3 and Model X were matched up with other vehicles in their classes, rather than divided into a solitary electric car category? Looking closely at the numbers provides a very interesting answer to this question.

The Model 3 is a classified as midsize car or compact car, depending on which agency or publication you rely on. It also fits in the luxury car segment, although some would argue that it's not a luxury car. At any rate, what were the vehicles in those segments with the top resale values and how did they fare?

Best Compact Car - 2019 Honda Civic

36 months: 55.5%
60 months: 41.2%

Best Luxury Car - 2019 Audi A7

36 months: 47.3%
60 months: 32.3%

Best Entry-Level Luxury Car - 2019 Lexus RC

36 months: 54.5%
60 months: 38.5%

Best Mid-Size Car - 2019 Subaru Legacy

36 months: 51.8%
60 months: 38.4%

As you can clearly see, the Model 3 wins by a long shot in all the above categories. If you look at Model X resale value in comparison to others in categories like Best Full-Size SUV/Crossover, Best Mid-Size SUV/Crossover, Best Luxury Mid-Size SUV/Crossover, and Best Luxury Full-Size SUV/Crossover, it fares well against every winner, especially with its 36-month figure.

There is a lot to digest in KBB's resale value awards. Follow the link (2) below if you want to crunch some more numbers and form your own conclusions.

What do you think?

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If you're interested in purchasing a used electric car, check out our sister site MYEV.com.

Sources: KBB, 2, CleanTechnica

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Tesla Model 3: 2nd Best Resale Among All Cars, Tops Segment & All Classes

According to Kelley Blue Book, the Tesla Model 3 has the best resale among electric cars. Additionally, it's No. 2 among all vehicles and beats every car in multiple classes.

No matter how you frame it, the Tesla Model 3 has better resale value than all rivals.

Related Stories:

The numbers:

Diving Deeper: