Depreciation
The depreciation graph and accompanying table on our page detail how the 2018 TESLA MODEL S's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2018 TESLA MODEL S in 2018 was $62,993.
The average price for used 2018 TESLA MODEL S nowadays in 2024 is $32,000 which is 51% from the original price.
Estimated mileage driven per year is 8,455 miles.
The graph below is a depreciation curve for 2018 TESLA MODEL S. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2018 TESLA MODEL S in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2018 MSRP | 0 mi | $62,993 | — | — | 100% | 0% |
| 2019 | 16,910 mi | $78,000 | +$0 | +0% | 123.82% | -23.82% |
| 2020 | 25,365 mi | $65,763 | +$12,237 | +15.69% | 104.4% | -4.4% |
| 2021 | 33,820 mi | $62,495 | +$3,268 | +4.97% | 99.21% | 0.79% |
| 2022 | 42,275 mi | $44,450 | +$18,045 | +28.87% | 70.56% | 29.44% |
| 2023 | 50,730 mi | $40,999 | +$3,451 | +7.76% | 65.09% | 34.91% |
| 2024 | 59,185 mi | $32,000 | +$8,999 | +21.95% | 50.8% | 49.2% |
| 2025 | 67,640 mi | $27,853 | +$4,147 | +12.96% | 44.22% | 55.78% |
| 2026 | 76,095 mi | $24,996 | +$2,857 | +10.26% | 39.68% | 60.32% |
| 2027 | 84,550 mi | $22,188 | +$2,808 | +11.23% | 35.22% | 64.78% |
| 2028 | 93,005 mi | $19,998 | +$2,190 | +9.87% | 31.75% | 68.25% |
| 2029 | 101,460 mi | $18,000 | +$1,998 | +9.99% | 28.57% | 71.43% |
| 2030 | 109,915 mi | $19,238 | −$1,238 | −6.88% | 30.54% | 69.46% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TESLA MODEL S’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2018 TESLA MODEL S. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2018 TESLA MODEL S by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $50,998 | 23 sales |
| 10,000 mi | $50,992 | 76 sales |
| 15,000 mi | $52,294 | 132 sales |
| 20,000 mi | $49,774 | 204 sales |
| 25,000 mi | $45,499 | 242 sales |
| 30,000 mi | $46,980 | 414 sales |
| 35,000 mi | $44,991 | 447 sales |
| 40,000 mi | $43,159 | 536 sales |
| 45,000 mi | $41,575 | 581 sales |
| 50,000 mi | $39,999 | 544 sales |
| 55,000 mi | $38,000 | 469 sales |
| 60,000 mi | $35,997 | 326 sales |
| 65,000 mi | $35,495 | 249 sales |
| 70,000 mi | $33,696 | 188 sales |
| 75,000 mi | $32,990 | 145 sales |
| 80,000 mi | $32,992 | 109 sales |
| 85,000 mi | $32,181 | 89 sales |
| 90,000 mi | $28,998 | 39 sales |
| 95,000 mi | $26,495 | 35 sales |
| 100,000 mi | $29,999 | 29 sales |
| 105,000 mi | $24,636 | 18 sales |
| 110,000 mi | $26,334 | 18 sales |
| 115,000 mi | $29,999 | 11 sales |
| 120,000 mi | $23,995 | 13 sales |
Frequently asked questions
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Proper maintenance and good condition can slow the depreciation of a 2018 TESLA MODEL S by making it more attractive to potential buyers, thereby preserving more of its value.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
Other years of TESLA MODEL S
2013 TESLA MODEL S
$18,000 average used price
33,300+ sales records
2014 TESLA MODEL S
$19,998 average used price
35,400+ sales records
2016 TESLA MODEL S
$24,996 average used price
34,100+ sales records
2017 TESLA MODEL S
$27,853 average used price
30,400+ sales records
2022 TESLA MODEL S
$65,763 average used price
3,200+ sales records
2023 TESLA MODEL S
$78,000 average used price
200+ sales records
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