Predicted Resale Value After 5 Years of Ownership: 44.0%
The up-to-7-passenger Tesla Model X has been evolving since the 2016 model year, when the world first laid hands on it. An all-electric SUV with three rows, gullwing side doors and trunkspace in the front and rear, the Model X landed in the lap of an America going Tesla crazy. Boasting 5-star safety, all-wheel drive, impressive cargo space, and a 5,000-pound towing capacity, the Model X still carries as much attitude and exclusivity as ever. Now, in a stunning upset for 2020, the Model X overtook its snarky young cousin the Tesla Model 3, to take home our electric-car Best Resale Value crown.
As if it’s not quite wild enough that Tesla would bring a pure-electric sport utility vehicle to market, it equips it with massive, parking-lot-dubious gullwing doors. Bold is not an overstatement for this SUV. Inside the Model X, high-quality materials welcome you, and a massive 17-inch touch screen controls the Model X’s interior needs like a giant iPhone.
Tesla doesn’t offer up any power figures for its products, the Model X included. What it does offer up, however, are the $85,000 Long Range model with a 328-mile range on a full charge and a 4.4-second 0-60-mph time, and the $105,000 Performance model offering 305 miles of range and an outrageous 2.7-second 0-60 sprint. Some credits and incentives may still be available. The innovative Autopilot self-steering/accelerating/braking system comes standard, but tech options abound, including Full Self-Driving Capability which ups the Model X’s self-driving game to incredible.
With the inherent cultural desirability for Tesla vehicles — all Tesla vehicles — showing no signs of waning, it appears that the long-term resale-value strength of the Model X SUV will remain a given for quite some time.
More 2020 Tesla Model X
Build and price your own 2020 Tesla Model X to see this week’s Fair Purchase Price, 5-Year Cost to Own and more, or check out the Model X models for sale today at dealers near you.
You can also see more electric cars or check out the full list of this year’s Best Resale Value Awards winners.
2nd Place: 2020 Tesla Model 3
Predicted resale value after 5 years of ownership: 36.5% of original sticker price
The Tesla Model 3 is the ultra-popular electric car that you’re seeing everywhere. So popular, it garnered last year’s Best Resale Value Electric Car top honors. Learn more about the Model 3 or find one for sale near you
3rd Place: 2020 Tesla Model S
Predicted resale value after 5 years of ownership: 31.3% of original sticker price
A 4-door electric car with real sex appeal and sportiness, the Tesla Model S also does a pretty great job of holding its value over time Learn more about the Model S or find one for sale near you
