Used Tesla market runs hot, but Model X asking prices fall 3.4%

Used Tesla asking prices are rising on the Model Y, Model 3 and Model S, and falling on the Model X. In listings we tracked through Oct. 1, comparable Model Y asking prices were up 1.8% from July to October and Model 3 prices were up 1.1%. The Model S gained 3.5% over a longer window, June to October. Model X is the exception, down 3.4% from July.

The brand had 2,306 used cars for sale that day, with a median asking price of $34,400. The Model Y alone accounts for 1,000 of them. Of the models covered here, only the Model X is rated balanced. The rest are rated hot.

Across the brand, 576 cars are rated great or good deals, and Tesla deals lists them.

Model X is where buyers have room

Model X is the slowest Tesla to sell here. With 245 cars listed, a typical one takes 48 days to leave the market, against 35 to 38 days for the other models. A quarter of Model X listings, 26%, have had a price cut in the last 90 days. The others run from 8% to 11%.

Supply runs longest here too, at 2.2 months.

A red 2023 Model X Plaid with 41,839 miles in Austin, Texas, is listed at $59,008, about $10,500 under its fair value range of $67,200 to $72,000. It has been up for 105 days, and the seller cut the price once, from $60,500. Other Model X Plaid listings give a read on where it sits.

Model Y and Model 3 move fastest

A typical Model Y takes 35 days to leave the market, the quickest of the models here, and a Model 3 takes 36. Both saw asking prices rise from July to October.

They are also where a Tesla costs least. The cheapest Model 3 listed asks $12,900. Older cars carry steep discounts: a 2023 Model Y is typically listed at about 79% of a 2026's price.

Model S prices rose, Cybertruck prices held

Measured from June, a month earlier than the other comparisons, Model S asking prices rose 3.5%, the biggest gain of any model here. A typical Model S takes 38 days to leave the market. Cybertruck asking prices held steady from July to October, and a typical Cybertruck takes 37 days.

The two Cybertruck trims sit far apart. The Cyberbeast has a median asking price of $90,200, against $77,100 for the All-Wheel Drive.

Two 2024 Cybertrucks stand out. Among All-Wheel Drive Cybertruck listings, one with 62,859 miles in San Bernardino, California, is about $12,500 under fair value. A stainless steel Cyberbeast with 31,994 miles in Kennewick, Washington, is about $10,500 under.

One Model S Plaid has lingered 141 days

The widest gap among the cars we picked belongs to a black 2025 Model S Plaid with 17,104 miles in Salem, Oregon. It is listed at $94,190, about $14,500 under its fair value. The seller cut it $5,000 on Oct. 1.

After 141 days on the market, it is worth asking for less.