2020 Tesla Model 3 Depreciation
A 6-year-old 2020 Tesla Model 3 has lost about 52.0% of its roughly $46,990 original value. In the 2026 source cohort, it typically listed for around $23,526, with most listings between $19,704 and $26,998. Listed examples average 70,972 miles.
2020 Tesla Model 3 Price by Mileage
What buyers actually pay at different odometer readings.
How Mileage Affects 2020 Tesla Model 3 Price
Each dot is a real listing — price plotted against odometer reading.
| Mileage | Median price | Listings |
|---|---|---|
| Under 30k mi | $28,473 | 14 |
| 30k–50k mi | $26,145 | 46 |
| 50k–75k mi | $24,654 | 72 |
| 75k–100k mi | $22,522 | 54 |
| 100k–130k mi | $19,499 | 30 |
| Over 130k mi | $16,995 | 9 |
What's a Good Price for a 2020 Tesla Model 3?
Great deal
Under $21,488
Typical
$21,488–$25,998
Overpriced
Above $25,998
Based on the middle 50% of listings — always adjust for mileage and condition.
Price Spread
Range across 225 listings.
Half of all listings fall between $21,488 and $25,998, with a median of $23,990.
Ownership & Condition
Across 225 2020 Tesla Model 3 listings.
Accident-free
92.3%
One-owner
30.8%
Avg owners
1.9
Personal use
38.5%
2020 Tesla Model 3 Efficiency & Specs
EPA fuel-economy and powertrain data.
Efficiency
124 MPGe
EPA range
330 mi
Energy / year
$650
Power
Electricity
EPA class
Midsize Cars
Depreciation by Trim
See how each 2020 Tesla Model 3 trim holds its value.
| Trim | Fuel | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|---|
| Standard Range Plus | Electric | $37,990 | $21,998 | 47.1% | 57 |
| Long Range | Electric | $46,990 | $23,367 | 52.6% | 78 |
| Performance | Electric | $54,990 | $26,097 | 58.2% | 31 |
How the 2020 Tesla Model 3 Compares to Other Years
At 52.0% depreciation, the 2020 Tesla Model 3 sits among its neighbors on the depreciation curve. The one-year-newer 2021 has lost 51.5% (around $24,392), so stepping up a model year costs roughly $866 more. The older 2019 sits at 59.6% (around $21,838), so dropping back a year saves about $1,688. Buying one model year newer or older is one of the easiest ways to trade purchase price against age and remaining warranty.
Safety Ratings
NHTSA crash test ratings for the 2020 Tesla Model 3.
Known Issues & Complaints
429 NHTSA complaints, 20 recalls reported.
FORWARD COLLISION AVOIDANCE
80 complaintsTesla was on Full Self Driving following a curve in the road were traffic lights. Lights were red Car should have stopped but did not. Ran red light with no attempt to stop or slow down.
UNKNOWN OR OTHER
59 complaintsSubject: Tesla HW2 FSD – Advertised Safety/Autonomy Features Not Provided Description: I am reporting an issue regarding my 2020 Tesla Model 3 equipped with Hardware 2 (HW2) and Full Self-Driving (FSD) package. Although the vehicle is liste
VEHICLE SPEED CONTROL
59 complaintsThe newer versions of FSD do not allow driver control of the max speed. The current versions allow you to set a maximum speed with a scroll wheel on the steering wheel.
STEERING
43 complaintsSunday [XXX] downtown Sacramento, driving about 25 mph. Heard a loud bang—bolt sheared off front subframe. Steering felt lagging upon making a right turn vehicle proceeded in a very wide turn, pulled into parking lot. Wheel locked right as
ELECTRICAL SYSTEM
31 complaintsThe screen (which controls all functions of the vehicle) starts to go haywire. It's almost like there is a phantom touching the screen and pressing buttons. The screen will start zooming in and out - changing your navigation destination. Th
AIR BAGS
27 complaintsAir bags did not deploy during crash. It is available for inspection upon request My face smashed into the steering wheel resulting in black eyes, swollen nose, cuts on my face and a concussion. Yes, the airbags clearly did not deploy durin
Top Issues
- FORWARD COLLISION AVOIDANCE
- UNKNOWN OR OTHER
- VEHICLE SPEED CONTROL
- STEERING
- ELECTRICAL SYSTEM
Buyer Red Flags
- !Recall 22V037000 (ELECTRICAL SYSTEM): Tesla, Inc. (Tesla) is recalling certain 2016-2022 Model S and Model X, 2017-2022 Model 3, and 2020-2022 Model Y vehicles. The "rolling stop" functionality available as part of the
- !Recall 21V834000 (AIR BAGS): Tesla, Inc. (Tesla) is recalling certain 2020-2021, 2023 Model 3 vehicles. The left and/or right side curtain air bag may have been improperly secured to the roof rail, which could
- !Recall 21V835000 (SUSPENSION): Tesla, Inc. (Tesla) is recalling certain 2020-2021 Model Y and 2019-2021 Model 3 vehicles. The front suspension lateral link fasteners may loosen, allowing the lateral link to sepa
- !Recall 22V045000 (ELECTRICAL SYSTEM): Tesla, Inc. (Tesla) is recalling certain 2021-2022 Model S and Model X, 2017-2022 Model 3, and 2020-2022 Model Y vehicles. The audible chime may not activate when the vehicle start
2020 Tesla Model 3 Listings
Real 2020 Model 3 listings on the market now.
$25,990
2020 Standard Range Plus · Blue
28,847 mi · San Antonio, TX
View listing →
$27,590
2020 Long Range · Black
33,233 mi · Richmond, VA
View listing →
$26,590
2020 Performance · White
54,145 mi · Dallas, TX
View listing →
$23,590
2020 Standard Range Plus · Gray
56,286 mi · Sacramento, CA
View listing →
$24,990
2020 Long Range · Blue
59,032 mi · Cleveland, OH
View listing →
$22,990
2020 Standard Range Plus · White
63,165 mi · Dallas, TX
View listing →
Live dealer listings, refreshed periodically. Prices and availability change.
Frequently Asked Questions
How much is a 2020 Tesla Model 3 worth?
A 2020 Tesla Model 3 is typically worth around $23,526, with most listings falling between $19,704 and $26,998. The single biggest swing factor is mileage — listed examples average about 70,972 miles, and each additional 10,000 miles shaves a few percent off the price. Condition, accident history, trim, and how many owners a car has had move the number from there. Treat the median as a fair starting point and adjust up for a clean, low-mileage, one-owner car or down for higher mileage and any reported damage.
How much has the 2020 Tesla Model 3 depreciated?
The 2020 Tesla Model 3 has lost about 52.0% of its original $46,990 base MSRP — roughly $24,435 in value, after adjusting listing prices to typical mileage for the age. Most of a car's lifetime depreciation happens in its earliest years, so a vehicle of this age has usually weathered the steepest part of the curve already. That's what makes a well-kept example at this age an efficient buy: you let the original owner absorb the fastest depreciation, then enjoy a much slower decline from here.
How many miles does a used 2020 Model 3 have?
Listed 2020 Model 3s average about 70,972 miles, with most between 38,837 and 103,062. As a rule of thumb, "average" mileage for any car is roughly 12,000 miles per year of age, so compare a specific listing against that benchmark. A below-average odometer commands a premium and an above-average one a discount, but a higher-mileage car with complete service records and one owner can be a better buy than a low-mileage car with gaps in its history. Consistent maintenance does more for a car's remaining lifespan than a low number on the odometer alone.
What is a good price for a 2020 Tesla Model 3?
For a 2020 Tesla Model 3, anything under $21,488 is a strong deal, $21,488 to $25,998 is the typical range where most cars trade, and above $25,998 is on the expensive side — those higher prices usually buy lower mileage, a certified warranty, or a premium trim. Always weigh the asking price against the car's specific mileage and condition rather than the sticker alone: a slightly higher price for a clean, one-owner, accident-free example is often money well spent. And treat a listing priced well below the range as a prompt to dig deeper — unusually cheap cars almost always have a reason, whether it's high mileage, accident history, or a branded title.
Methodology
Figures for the 2020 Tesla Model 3 are computed from 166 real used-car listings. Each asking price is normalized to a standard 12,000 miles per year for the car's age, adjusted by a 5% asking-to-sale estimate, and compared against the original base MSRP for that VIN's trim. Full methodology. Updated August 2026.