Tesla is the most profitable electrical automotive producer on the planet, with the model consistently hitting the highest of the gross sales charts each month by a large margin. The American EV start-up manages to fulfill this insatiable demand by way of its progressive and superior manufacturing course of, which takes place at its Texas, Shanghai, and German gigafactories. Tesla is a comparatively younger model that solely entered the mass market about 10 years in the past and advanced right into a quantity vendor shortly after that. This is without doubt one of the quickest progressions a model has skilled, primarily due to in depth investments made in its operations.
Early Tesla fashions are famend for
combating dangerous construct high quality
, together with dangerous panel fitment, annoying software program glitches, and quickly deteriorating inside and exterior trimmings. Regardless of this, the model has maintained a really robust buyer base because it has been the one one to supply an excellent steadiness of affordability, effectivity, and efficiency within the electrical automotive phase. Due to this, you’ll want to observe lots of warning when contemplating a used mannequin. Electrical automobiles sometimes depreciate at a speedy price, however due to Tesla’s pretty aspirational fame, its automobiles profit from extra preferable depreciation charges. If you would like a used Tesla, this explicit choice goes to be your greatest and most secure guess.
In an effort to provide the newest and correct info potential, the information used to compile this text was sourced from Tesla’s web sites and different authoritative sources, together with CarEdge, the EPA, and J.D. Energy.

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TopSpeed’s Finest Electrical Automobile Of The 12 months Is The Tesla Mannequin 3
Because of necessary enhancements in construct high quality, dealing with and luxury, all whereas sustaining the value low, the Tesla Mannequin 3 reigns supreme.
Why The 2020 Tesla Mannequin 3 Is Value Shopping for This 12 months
In the event you’re trying to
get right into a Tesla possession expertise
, the 2020 Tesla Mannequin 3 vary is the most suitable choice to contemplate if you happen to’re proud of contemplating a five-year-old used car. Teslas do not have the perfect fame within the long-term reliability division as a consequence of a scarcity of adequate high quality management in its hasty manufacturing cycle. Trendy fashions have a tendency to learn from significantly better requirements, however you may discover examples way back to 5 years in the past simply aren’t as properly put collectively.
In the event you should have a Tesla that is half a decade previous, the 2020 Mannequin 3 goes to be the one which advantages from the perfect mixture of worth, high quality, and reliability. That is the model’s entry-level EV choice, however it advantages from a group of spectacular customary options, efficiency, and effectivity.

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A 2022 model-year EV hits the candy spot between depreciation and battery guarantee, however with so many EVs now accessible, which one is greatest?
You Can Discover A 2020 Tesla Mannequin 3 For As Low As ~$20,000
Primarily based on CarEdge‘s in-depth depreciation calculator, if you happen to bought a base Mannequin 3 Customary Vary for $23,785 in 2020, you’ll have the ability to promote it for as a lot as $17,496 in the present day. This displays among the finest worth retention charges you may discover within the used electrical automotive market. J.D. Energy signifies that individuals are presently paying between $20,431 and $28,571 for a similar mannequin yr within the used automotive market. Sadly, this mannequin yr suffers from worse reliability rankings.
Tesla Mannequin Y Depreciation Over 5 Years
12 months | Depreciation | Residual Worth | Resale Worth | Mileage | Resale 12 months |
1 | $10,966 | 67.34% | $22,610 | 12,000 | 2020 |
2 | $15,046 | 55.19% | $18,530 | 24,000 | 2021 |
3 | $16,899 | 49.67% | $16,677 | 36,000 | 2022 |
4 | $15,445 | 54.00% | $18,131 | 48,000 | 2023 |
5 | $16,080 | 52.11% | $17,496 | 60,000 | 2024 |
Relying on trims and choices, a brand new
top-of-the-range Mannequin 3
with all choices ticked would have set you again by $58,190, which is way over the present flagship choice. Calculators point out that this may very well be price $42,805, in the present day, however realistically, it is prone to promote for a lot much less. Older fashions additionally did not profit from the
Inflation Discount Act
, which lowers the brand new instance’s buy worth by as much as $7,500. Because of this the above depreciation calculator is a extra correct illustration of its present worth.

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The 2020 Tesla Mannequin 3 Produces 283 Horsepower
The
early Tesla Mannequin 3 vary
is a really spectacular package deal for its time. The bottom Customary Vary mannequin options the model’s single permanent-magnet motor and 54 kWh battery pack. It produces 283 horsepower and 307 pound-feet, leading to a 6.0-second 0-60 MPH time and 125 MPH prime pace. The EPA estimates that this mannequin will cowl a most of 250 miles on a single cost, whereas returning a 24 kWh per 100 miles consumption estimates. The Lengthy Vary mannequin contains a pair of motors and a bigger 62 kWh battery pack, leading to a 346-horsepower and 376 pound-feet of torque output.
2020 Tesla Mannequin 3 Efficiency Specs
Customary Vary | Lengthy Vary | Efficiency | |
Powertrain | Single-permanent-magnet motor | Twin-permanent-magnet motors | Twin-permanent-magnet motors |
Horsepower | 283 HP | 346 HP | 450 HP |
Torque | 307 LB-FT | 376 LB-FT | 471 LB-FT |
Transmission | Single-Velocity Computerized | Single-Velocity Computerized | Single-Velocity Computerized |
Battery | 54 kWh Web | 62 kWh Web | 75 kWh Web |
Vary | 250 Miles | 322 Miles | 322 Miles |
Gasoline Financial system | 24 kWh/100 Miles | 26 kWh/100 Miles | 28 kWh/100 Miles |
0-60 MPH | 6.0 Seconds | 4.0 Seconds | 3.1 Seconds |
Prime Velocity | 125 MPH | 125 MPH | 150 MPH |
You’ll be able to count on this variant to cowl a 0-60 MPH dash in 4.0 seconds, however it’s nonetheless restricted to 125 MPH. It additionally advantages from a aggressive 26 kWh per 100 miles mixed vitality consumption estimate and a 322-mile vary declare.
The Efficiency sits on the very top quality, with an elevated 450 horsepower and 471 pound-feet mixed output. This covers a 0-60 MPH dash in 3.1 seconds with a 150 MPH prime pace. With this elevated energy, you may need to make do with a 28 kWh per 100 miles mixed vitality consumption price, however it retains the 322-mile vary estimate. These will clearly lower if you happen to go for an instance with the elective set of bigger wheels.

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This is How A Tesla Mannequin 3 Holds Up After 216,000 Miles
Positive, there are a couple of scuff and scratches, however this sedan’s drivetrain has confirmed to be surprisingly strong.
How A lot A New Tesla Mannequin 3 Prices In 2025
The Tesla Mannequin 3 Lengthy-Vary Rear-Wheel-Drive is the most cost effective Tesla you should purchase in the present day, with a $42,490 beginning worth, which excludes the $1,390 vacation spot price and $7,500 federal tax credit score. This options the model’s single permanent-magnet synchronous motor fitted to the rear axle, which produces 286 horsepower and 31 pound-feet. This will get you from 0-60 MPH in a claimed 4.9 seconds earlier than you hit a restricted 125 MPH prime pace.
Tesla applies its 79-kWh lithium-ion battery pack to all the Mannequin 3 vary, with the rear-wheel-drive configuration being probably the most environment friendly of the lot, in accordance with the EPA’s estimates. Primarily based on the division’s testing, you may count on to cowl 363 miles on a single cost and profit from a 25 kWh per 100-mile vitality consumption estimate on the mixed cycle.
Tesla Mannequin 3 Efficiency Specs
All Tesla Mannequin 3 configurations function the identical specification record, which features a pair of heated and ventilated electrically adjustable entrance seats with reminiscence capabilities, dual-zone local weather management with rear air vents, an auto-dimming rearview mirror, and ambient lighting. Tesla upholsters the cabin in black sustainable leather-based, however you will get the black and white mixture for $1,000.
The cabin additionally contains a 15.4-inch touchscreen system that manages all of the automotive’s major capabilities. It is full of consolation, comfort, and leisure software program, together with navigation, Canine Mode, Camp Mode, preconditioning, and extra. The rear bench employs a brand new eight-inch display screen, that rear patrons can use to handle some consolation and leisure capabilities. Tesla connects the system to a 17-speaker audio system with two subwoofers and amplifiers. Tesla suits two wi-fi smartphone chargers beneath the infotainment display screen.
Stealth Grey is the one customary colour choice. If you would like Pearl-White or Deep Blue multi-coats, you may need to pay $1,000. Strong Black prices $1,500, whereas Extremely Purple and Quicksilver will improve the pricing by $2,000. 19-Inch Nova wheels value $1,000. Tesla’s Full-Self-Driving suite is an $8,000 choice. You additionally need to pay additional for a house and cellular charger, which value $420 and $275, respectively. Further choices embody $35 console trays, $225 all-weather inside liners, and a $400 roof rack.