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Tesla Model S vs Model 3: used prices and resale value, side by side

A used Tesla Model S asks a median of $60,573 in our latest scan, 106% more than a Tesla Model 3 at $29,423. The Model 3 holds its value better: with the same trim and miles, a 2023 lists at about 84% of a 2026's price, against about 57% for the Model S.

There are 236 Model S models for sale from model years 2021-2026 and 622 Model 3s from 2018-2026. Asking prices come from 858 live dealer listings in our latest scan; value kept compares model years with the same trim and miles in our market model.

Model S and Model 3 at a glance

The short answer

Who wins on each measure. Close calls (within a few percent) say either.

If you want Pick Why
The lower price Model 3 Median asking price $29,423, 51% below the Model S's $60,573
The one that holds its value Model 3 Keeps about 84% after three years, against 57% for the Model S
More to choose from Model 3 622 for sale, against 236 Model S models
More priced below market Model S 26% of its listings, against 22% of the Model 3's
The cheapest one for sale Model 3 A 2021 Tesla Model 3 (Performance) listed at $12,949 with 145,668 mi in Dumfries, VA

Every number, head to head

Model S Model 3
For sale now 236 622
Median asking price $60,573 $29,423
Middle half of asking prices $53k to $90k $25k to $34k
Cheapest for sale $40,905 $12,949
Median miles 39,323 mi 51,965 mi
Model years for sale 2021-2026 2018-2026
Value kept after 3 years 57% 84%
Value kept after 5 years 45% 75%
Priced below market now 62 (26%) 139 (22%)
Typical days to sell 38 36
Asking prices, last 3 months +3.5% +1.1%

Asking prices by model year

Median asking price and listings for each model year in our latest scan, newest first.

Model year Model S median Model S for sale Model 3 median Model 3 for sale
2026 $154,272 28 $52,071 15
2025 $110,353 17 $47,014 35
2024 $92,172 22 $42,812 45
2023 $73,683 31 $32,370 150
2022 $54,597 50 $29,661 126
2021 $52,906 88 $26,930 84
2020 – – $24,989 93
2019 – – $22,565 40
2018 – – $21,559 34

Tesla Model S vs Model 3: common questions

Which is cheaper used, the Tesla Model S or the Tesla Model 3?

The Model 3: its median asking price is $29,423, against $60,573 for the Model S in our scan of Oct 1, 2026. The cheapest Model S is a 2022 Tesla Model S (Plaid) listed at $40,905 with 142,842 mi in Newnan, GA. The cheapest Model 3 is a 2021 Tesla Model 3 (Performance) listed at $12,949 with 145,668 mi in Dumfries, VA.

Which holds its value better, the Tesla Model S or the Tesla Model 3?

The Model 3 holds its value better: with the same trim and miles, a 2023 lists at about 84% of a 2026's price, against about 57% for the Model S. That compares asking prices across model years in our market model, so it shows how the market prices an older car, not one car's history.

How many Model S models and Model 3s are for sale?

There are 236 Model S models for sale from model years 2021-2026 and 622 Model 3s from 2018-2026. That's from our latest scan of US dealer listings.

Which sells faster, the Tesla Model S or the Tesla Model 3?

About the same: a typical one leaves the market in about 38 days for the Model S and 36 days for the Model 3.

Where do these numbers come from?

Prices are live asking prices from US dealer listings in our latest scan, not sale prices. Value kept and days to sell come from our market model, which compares the same trims and miles across model years.