Yahoo Autos What Are the Lowest-Priced Teslas?
Summary
The cheapest Tesla is the Model 3 with a starting MSRP of $46,990 for the base trim, and an average used vehicle price of $55,990 across all Model 3 trims.
Nashville is the city with the cheapest used Model 3 Teslas, with an average price of $51,534, while New York is the state with the cheapest Model 3 pricing ($51,529).
Model Y Teslas are the next cheapest, with a starting MSRP of $65,990, and an average price of $67,990 for a used Model Y across all trims.
New York is the city with the cheapest used Model Y Teslas, with an average price of $63,500; and New York is the state with the cheapest average price ($61,019), which is 9 percent lower than the national average.
The priciest Tesla models are the Tesla Model S and Tesla Model X, with the cheapest used prices between $90,000 and $115,000.
Electric vehicle sales are on the rise and few automakers are as visible as Tesla. If you’re considering a Tesla purchase, iSeeCars analyzed the prices of used Tesla electric cars by model, city and state to determine the lowest prices and where to find them.
National Average Price of 1-3 Year Old Used Teslas vs MSRP | |||
Rank | Tesla Model | Avg Used Price | Base MSRP |
1 | Model 3 | $54,710 | $46,990 |
2 | Model Y | $67,209 | $65,990 |
3 | Model S | $108,189 | $104,990 |
4 | Model X | $115,213 | $120,990 |
Tesla Model 3
The Tesla Model 3’s base MSRP of $46,990 (not including any federal or state tax credits available) is $7,254 less than the national average for a used one. You can learn more about EV tax incentives here.
Tesla Model 3: Trim, Range and Price | ||
Trim | EPA-est. Range | Base MSRP |
Base | 272 miles | $46,990 |
Long Range | 358 miles | $57,990 |
Performance | 315 miles | $62,990 |
The car was advertised as an affordable Tesla for drivers who found Model S and Model X starting prices too steep. The base Model 3 has an EPA-est. range of 272 miles of range and comes with a built-in charger compatible with 115-volt outlets. The Long Range Model 3 has an EPA-est. range of 358 miles.
Nashville has the cheapest used Model 3 Teslas on our list, with an average price of $51,534, followed by San Diego, with an average price of $52,100. Some other cities in California provide comparably affordable Model 3s, with Sacramento, Los Angeles and San Francisco all below the national average.
Here are the rankings for the most affordable used Tesla Model 3 vehicles compared to the national average, by city and state:
Tesla Model 3: Lowest Prices By City | ||||
Rank | City | Avg Price 1-3 Year Old Used Model 3 | $ DIfference from National Avg | $ Difference from Base MSRP |
1 | Nashville, TN | $51,534 | -$3,175 | $4,544 |
2 | San Diego, CA | $52,100 | -$2,610 | $5,110 |
3 | Washington, DC (Hagerstown, MD) | $52,281 | -$2,429 | $5,291 |
4 | Los Angeles, CA | $52,310 | -$2,400 | $5,320 |
5 | West Palm Beach-Ft. Pierce, FL | $52,547 | -$2,163 | $5,557 |
6 | Cleveland-Akron (Canton), OH | $52,553 | -$2,156 | $5,563 |
7 | Sacramento-Stockton-Modesto, CA | $52,813 | -$1,897 | $5,823 |
8 | Miami-Ft. Lauderdale, FL | $53,061 | -$1,649 | $6,071 |
9 | New York, NY | $53,100 | -$1,609 | $6,110 |
10 | Baltimore, MD | $53,342 | -$1,368 | $6,352 |
11 | Tampa-St Petersburg (Sarasota), FL | $53,368 | -$1,342 | $6,378 |
12 | Dallas-Ft. Worth, TX | $53,899 | -$811 | $6,909 |
13 | San Francisco-Oakland-San Jose, CA | $53,951 | -$758 | $6,961 |
14 | Pittsburgh, PA | $53,997 | -$713 | $7,007 |
15 | Jacksonville, FL | $54,039 | -$670 | $7,049 |
16 | Houston, TX | $54,275 | -$435 | $7,285 |
17 | Chicago, IL | $54,345 | -$365 | $7,355 |
18 | Phoenix, AZ | $54,627 | -$83 | $7,637 |
National Average | $54,710 | – | ||
Tesla Model 3: Lowest Prices By State | ||||
Rank | State | Avg Price 1-3 Year Old Used Model 3 | $ DIfference from National Avg | $ Difference from Base MSRP |
1 | New York | $51,529 | -$3,180 | $4,539 |
2 | Virginia | $52,584 | -$2,126 | $5,594 |
3 | California | $52,771 | -$1,939 | $5,781 |
4 | Maryland | $53,246 | -$1,463 | $6,256 |
5 | Florida | $53,761 | -$949 | $6,771 |
6 | Texas | $54,285 | -$425 | $7,295 |
7 | Tennessee | $54,428 | -$282 | $7,438 |
8 | New Jersey | $54,630 | -$80 | $7,640 |
National Average | $54,710 | – | ||
Tesla Model Y
Tesla Model Y
Launched in 2020, the Model Y is a battery-powered compact crossover addition to the Tesla vehicles family, with the Long Range trim offering up to 330 miles of EPA-est. range. The average used price is $67,209. The base MSRP for a new Long Range Model Y is slightly lower at $65,990.
Tesla Model Y: Trim, Range and Price | ||
Trim | EPA-est. Range | Base MSRP |
Long Range | 330 miles | $65,990 |
Performance | 303 miles | $69,990 |
Here are the rankings for the most affordable used Tesla Model Y vehicles compared to the national average, by city and state:
Tesla Model Y: Lowest Prices By City | ||||
Rank | City | Avg Price 1-3 Year Old Used Model 3 | $ DIfference from National Avg | $ Difference from Base MSRP |
1 | New York, NY | $63,500 | -$3,709 | -$2,490 |
2 | Minneapolis-St. Paul, MN | $64,334 | -$2,875 | -$1,656 |
3 | Salt Lake City, UT | $64,540 | -$2,669 | -$1,450 |
4 | Columbus, OH | $64,943 | -$2,266 | -$1,047 |
5 | Philadelphia, PA | $65,361 | -$1,848 | -$629 |
6 | Oklahoma City, OK | $65,368 | -$1,841 | -$622 |
7 | Baltimore, MD | $65,393 | -$1,816 | -$597 |
8 | Washington, DC (Hagerstown, MD) | $65,402 | -$1,807 | -$588 |
9 | West Palm Beach-Ft. Pierce, FL | $65,716 | -$1,493 | -$274 |
10 | Norfolk-Portsmouth-Newport News,VA | $65,782 | -$1,427 | -$208 |
11 | Tampa-St Petersburg (Sarasota), FL | $65,841 | -$1,368 | -$149 |
12 | Orlando-Daytona Beach, FL | $66,200 | -$1,009 | $210 |
13 | Las Vegas, NV | $66,259 | -$950 | $269 |
14 | Raleigh-Durham (Fayetteville), NC | $66,442 | -$766 | $452 |
15 | Nashville, TN | $66,475 | -$734 | $485 |
16 | Dallas-Ft. Worth, TX | $67,122 | -$87 | $1,132 |
National Average | $67,209 | – | ||
Tesla Model Y: Lowest Prices By State | ||||
Rank | State | Avg Price 1-3 Year Old Used Model 3 | $ DIfference from National Avg | $ Difference from Base MSRP |
1 | New York | $61,019 | -$6,190 | -$4,971 |
2 | Minnesota | $64,334 | -$2,875 | -$1,656 |
3 | Utah | $64,740 | -$2,469 | -$1,250 |
4 | Maryland | $65,136 | -$2,073 | -$854 |
5 | New Jersey | $65,257 | -$1,952 | -$733 |
6 | Alabama | $65,320 | -$1,889 | -$670 |
7 | Oklahoma | $65,478 | -$1,731 | -$512 |
8 | Virginia | $65,842 | -$1,367 | -$148 |
9 | Ohio | $66,499 | -$710 | $509 |
10 | Florida | $66,526 | -$683 | $536 |
11 | Nevada | $66,795 | -$414 | $805 |
12 | Pennsylvania | $67,053 | -$155 | $1,063 |
National Average | $67,209 | – | ||
Tesla Model S (Courtesy of Tesla, Inc.)
Tesla Model S
The Model S's fast acceleration and 405 miles of range are impressive but this level of performance comes with a high sticker price, making the Model S one of the more expensive Tesla vehicles on the market. The average price of a used 1-3 year old Tesla Model S is $108,189, which is slightly higher than the base MSRP of $104,990.
Tesla Model S: Trim, Range and Price | ||
Trim | EPA-est. Range | Base MSRP |
Base | 405 miles | $104,990 |
Plaid | 396 miles | $135,990 |
Washington, D.C., has the cheapest used prices for the Model S, with an average price of $100,380. This is $7,809 less than the national average and $4,610 below the base MSRP. Orlando and New York City also have averages significantly lower than the national average, with used prices of $102,784 and $103,061, respectively. For states, Maryland has the cheapest Model S prices, averaging $90,216.
Here are the lowest average prices for the Model S, by city and state:
Tesla Model S: Lowest Prices By City | ||||
Rank | City | Avg Price 1-3 Year Old Used Model 3 | $ DIfference from National Avg | $ Difference from Base MSRP |
1 | Washington, DC (Hagerstown, MD) | $100,380 | -$7,809 | -$4,610 |
2 | Orlando-Daytona Beach, FL | $102,784 | -$5,406 | -$2,206 |
3 | New York, NY | $103,061 | -$5,128 | -$1,929 |
4 | Chicago, IL | $104,824 | -$3,365 | -$166 |
5 | Dallas-Ft. Worth, TX | $105,218 | -$2,971 | $228 |
6 | Philadelphia, PA | $105,487 | -$2,702 | $497 |
7 | Los Angeles, CA | $106,748 | -$1,441 | $1,758 |
8 | Atlanta, GA | $107,533 | -$656 | $2,543 |
9 | Seattle-Tacoma, WA | $107,803 | -$386 | $2,813 |
National Average | $108,189 | – | ||
Tesla Model S: Lowest Prices By State | ||||
Rank | State | Avg Price 1-3 Year Old Used Model 3 | $ DIfference from National Avg | $ Difference from Base MSRP |
1 | Maryland | $90,216 | -$17,974 | -$14,774 |
2 | New York | $97,469 | -$10,720 | -$7,521 |
3 | Nebraska | $100,983 | -$7,206 | -$4,007 |
4 | Virginia | $102,777 | -$5,413 | -$2,213 |
5 | New Jersey | $105,964 | -$2,225 | $974 |
6 | California | $106,618 | -$1,571 | $1,628 |
7 | Georgia | $107,072 | -$1,118 | $2,082 |
8 | Texas | $107,386 | -$803 | $2,396 |
9 | Washington | $107,803 | -$386 | $2,813 |
National Average | $108,189 | – | ||
Tesla Model X (Courtesy of Tesla, Inc.)
Tesla Model X
The Model X launched in 2016 as Tesla’s first crossover SUV. With its high performance and available upgrades, the Model X is the most expensive Tesla. Elon Musk, the company’s co-founder and CEO, claims there’s a good reason. "Model X is an extremely difficult car to build," Musk said on Twitter. "Most complex passenger car ever.”
The base Tesla Model X offers 348 miles of EPA-est. range and the Plaid trim offers up to 333 miles of EPA-est range.
Tesla Model X: Trim, Range and Price | ||
Trim | EPA-est. Range | Base MSRP |
Base | 348 miles | $120,990 |
Plaid | 333 miles | $138,990 |
The national average price of a used Model X Tesla is $115,213, which is lower than the base MSRP of $120,990. The cheapest Model X prices are in Atlanta, $10,321 below the national average.
Here are the lowest average prices for the Model X, by city and state:
Tesla Model X: Lowest Prices By City | ||||
Rank | City | Avg Price 1-3 Year Old Used Model 3 | $ DIfference from National Avg | $ Difference from Base MSRP |
1 | Atlanta, GA | $104,893 | -$10,321 | -$16,097 |
2 | San Diego, CA | $107,351 | -$7,862 | -$13,639 |
3 | Dallas-Ft. Worth, TX | $110,228 | -$4,985 | -$10,762 |
4 | Portland, OR | $112,445 | -$2,768 | -$8,545 |
5 | Boston, MA-Manchester, NH | $113,740 | -$1,474 | -$7,250 |
6 | Seattle-Tacoma, WA | $113,977 | -$1,237 | -$7,013 |
7 | Philadelphia, PA | $114,280 | -$934 | -$6,710 |
8 | Washington, DC (Hagerstown, MD) | $114,322 | -$892 | -$6,668 |
9 | Houston, TX | $114,977 | -$236 | -$6,013 |
National Average | $115,213 | – | ||
Tesla Model X: Lowest Prices By State | ||||
Rank | State | Avg Price 1-3 Year Old Used Model 3 | $ DIfference from National Avg | $ Difference from Base MSRP |
1 | Georgia | $105,906 | -$9,307 | -$15,084 |
2 | Massachusetts | $109,810 | -$5,404 | -$11,180 |
3 | Texas | $110,855 | -$4,359 | -$10,135 |
4 | Illinois | $111,727 | -$3,486 | -$9,263 |
5 | New Jersey | $113,470 | -$1,743 | -$7,520 |
6 | Oregon | $113,814 | -$1,400 | -$7,176 |
National Average | $115,213 | – | ||
Bottom Line
If you’re currently looking for a cheap, reliable Tesla consider the Model 3 and Model Y, and be prepared to travel if you don’t already live where Tesla prices are low.
Methodology
iSeeCars analyzed over 7,000 1- to 3-year-old Teslas listed for sale in October 2022. The average price of each Tesla model was aggregated by US state and metro area and compared to the national average. New Tesla MSRPs as of 2022 were also obtained from www.tesla.com and compared to average used prices.
More from iSeeCars
This article, What Are the Cheapest Teslas?, originally appeared on iSeeCars.com.
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