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How much is a used Tesla?
Are used Teslas less expensive than new ones? I would love to get a Tesla without having to get on the waiting list or anything like that, but I don’t want to get a used one if it’ll just be more expensive than a new one.
Liz Jenson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Used
Teslas
vary quite a bit in price, so you might pay anywhere from $30,000 to $100,000. There are a few different factors that can influence the price of a used Tesla, including:- The model
- The model year
- The mileage
- The condition of the vehicle
- The trim level
Here are the approximate price ranges for a number of used models:
- 2015 Model S 85: $43,000 to $48,000
- 2020 Model S Performance: $88,000 to $95,000
Since Teslas have been known to have a lot of cosmetic issues, you’ll want to check for any visible problems before you purchase a used Tesla. Specifically, Teslas are notorious for having misaligned panels, which can definitely affect the car’s release value.
Since the cheapest new Tesla has a base price of $48,190, you’ll want to make sure that you’re buying a cheaper used vehicle if your main goal is saving money. However, it’s also important to avoid high mileage vehicles if you want your car to last for a long time!
When you buy a Tesla or a similarly expensive car, having a good insurance policy is a must. Check out the
Jerry
app, where you can see a list of policy quotes that work for you in minutes. The average user saves over $800 per year on car insurance.View full answer
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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