The Tesla Model S continues to show exceptions to that trend. NADA Used Car Guide reports that the Model S has been retaining just over 56% of its original value ― a more than 10-percentage point advantage versus the 45.4% average of competitive gas engine luxury large cars.
The NADA website walks you through entering criteria to find the price guide estimation for the used vehicle you're considering. The steps below outline the process for using the NADA online used price guide.
"Depreciation is often the No. 1 expense of owning a car, andunderstanding how a vehicle will retain its value over time should beconsidered," said Jonathan Banks, executive automotive analyst of the NADAUsed Car Guide.