2023 Tesla Model 3 Depreciation
A 3-year-old 2023 Tesla Model 3 has lost about 39.7% of its roughly $53,240 original value. In the 2026 source cohort, it typically listed for around $31,585, with most listings between $26,590 and $34,713. Listed examples average 39,652 miles.
2023 Tesla Model 3 Price by Mileage
What buyers actually pay at different odometer readings.
How Mileage Affects 2023 Tesla Model 3 Price
Each dot is a real listing — price plotted against odometer reading.
| Mileage | Median price | Listings |
|---|---|---|
| Under 30k mi | $32,990 | 45 |
| 30k–50k mi | $30,998 | 42 |
| 50k–75k mi | $27,390 | 24 |
| 75k–100k mi | $24,000 | 7 |
What's a Good Price for a 2023 Tesla Model 3?
Great deal
Under $27,690
Typical
$27,690–$33,243
Overpriced
Above $33,243
Based on the middle 50% of listings — always adjust for mileage and condition.
Price Spread
Range across 119 listings.
Half of all listings fall between $27,690 and $33,243, with a median of $29,990.
Ownership & Condition
Across 119 2023 Tesla Model 3 listings.
Accident-free
75%
One-owner
87.5%
Avg owners
1.1
Personal use
62.5%
2023 Tesla Model 3 Efficiency & Specs
EPA fuel-economy and powertrain data.
Efficiency
125 MPGe
EPA range
358 mi
Energy / year
$600
Power
Electricity
EPA class
Midsize Cars
Depreciation by Trim
See how each 2023 Tesla Model 3 trim holds its value.
| Trim | Fuel | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|---|
| Long Range | Electric | $47,240 | $29,998 | 37.4% | 26 |
| Performance | Electric | $53,240 | $32,769 | 42.1% | 33 |
How the 2023 Tesla Model 3 Compares to Other Years
At 39.7% depreciation, the 2023 Tesla Model 3 sits among its neighbors on the depreciation curve. The one-year-newer 2024 has lost 26.1% (around $38,998), so stepping up a model year costs roughly $7,413 more. The older 2022 sits at 53.3% (around $27,078), so dropping back a year saves about $4,507. 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 2023 Tesla Model 3.
Known Issues & Complaints
407 NHTSA complaints, 11 recalls reported.
STEERING
84 complaintsWhile making a right turn from a near-stopped position, the steering wheel became stuck or extremely difficult to turn. The vehicle initially turned right normally, but when I attempted to steer back left/counterclockwise to complete the tu
FORWARD COLLISION AVOIDANCE
82 complaintsI am reporting a safety concern involving a Tesla operating with Full Self-Driving Supervised active. On June 5, 2026, at approximately 7:50–7:55 AM Pacific Time, the vehicle was being driven with FSD Supervised engaged. The vehicle was in
VEHICLE SPEED CONTROL
46 complaints-I was driving down into an indoor basement level garage very slowly as there is a steep incline. It descends from street level to basement level within a distance of approximately 30 to 35 ft. At the end of the incline is a sharp curve to
ELECTRICAL SYSTEM
43 complaintsThe vehicle was purchased pre-owned directly from Tesla. On the day of pickup and five days later, while operating on Full Self-Driving (FSD), the vehicle phantom-braked abruptly and then dangerously accelerated through a solid red light in
UNKNOWN OR OTHER
37 complaintsCOMPONENT: Battery and Charging System SUMMARY: 2023 Tesla Model 3 Long Range lost 15% battery capacity (345→300 miles) in 2 months at 9,816 miles. Comparison vehicle shows this is a defect, not normal wear. DESCRIPTION: Vehicle: 2023 Tesla
SERVICE BRAKES
22 complaintsRegen braking sporadically not working when going down mountain or steep roads. Sometimes they work and sometimes they won’t. This is after extensive driving on warm days while battery is between 70-80%. Support could not help me and they d
Top Issues
- STEERING
- FORWARD COLLISION AVOIDANCE
- VEHICLE SPEED CONTROL
- ELECTRICAL SYSTEM
- UNKNOWN OR OTHER
Buyer Red Flags
- !Recall 22V844000 (EXTERIOR LIGHTING): Tesla, Inc. (Tesla) is recalling certain 2023 Model 3 and 2020-2023 Model Y vehicles. One or both taillights may intermittently fail to illuminate.
- !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 23V085000 (STEERING): Tesla, Inc. (Tesla) is recalling certain 2016-2023 Model S, Model X, 2017-2023 Model 3, and 2020-2023 Model Y vehicles equipped with Full Self-Driving Beta (FSD Beta) software or p
- !Recall 23V434000 (ELECTRICAL SYSTEM): Tesla, Inc. (Tesla) is recalling certain 2023 Model 3 and Model Y vehicles. The pyrotechnic battery disconnect may be defective.
2023 Tesla Model 3 Listings
Real 2023 Model 3 listings on the market now.
$28,990
2023 · White
20,879 mi · Tampa, FL
View listing →
$28,590
2023 · White
23,006 mi · Los Angeles, CA
View listing →
$32,990
2023 Performance · White
34,124 mi · Los Angeles, CA
View listing →
$26,990
2023 · Blue
42,274 mi · Phoenix, AZ
View listing →
$25,590
2023 · Gray
64,820 mi · Memphis, TN
View listing →
$24,990
2023 · White
69,943 mi · Los Angeles, CA
View listing →
Live dealer listings, refreshed periodically. Prices and availability change.
Frequently Asked Questions
How much is a 2023 Tesla Model 3 worth?
A 2023 Tesla Model 3 is typically worth around $31,585, with most listings falling between $26,590 and $34,713. The single biggest swing factor is mileage — listed examples average about 39,652 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 2023 Tesla Model 3 depreciated?
The 2023 Tesla Model 3 has lost about 39.7% of its original $53,240 base MSRP — roughly $21,136 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 2023 Model 3 have?
Listed 2023 Model 3s average about 39,652 miles, with most between 18,383 and 63,738. 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 2023 Tesla Model 3?
For a 2023 Tesla Model 3, anything under $27,690 is a strong deal, $27,690 to $33,243 is the typical range where most cars trade, and above $33,243 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 2023 Tesla Model 3 are computed from 59 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.