Tesla Model 3 Depreciation and Service Woes Drive Owner to Subaru

After nearly 4 years of ownership, a Tesla Model 3 Standard Range Plus has depreciated by 58%, with an estimated trade-in value of just over $20,000, representing 42% of its initial purchase price. However, when factoring in the exclusion of Full Self Driving (FSD) from the original price, the depreciation rate increases to 51.5%. The author contemplates trading in the vehicle but expects the trade-in value to remain relatively stable in the coming years.