How much does a used Tesla Model 3 cost in Singapore?

Most used Tesla Model 3 on the market are around 5 years old, asking roughly S$119k–S$124k (typically about S$122k). That's the age with the widest choice — and the most sellers competing, so it's where you'll have the most room to bargain.

How much does a used Tesla Model 3 depreciate per year?

A used Tesla Model 3 loses value at a fairly steady pace — around 11% a year — with no real plateau. An older one costs less but keeps falling at much the same rate, so there's no single 'bargain age': buy on price and condition, not on timing.

Is the Tesla Model 3 reliable?

In our read, the Tesla Model 3 scores 65 out of 100 on brand reliability. That still varies by generation and how the individual car was looked after, so always check the service history before you commit.

What should I expect to pay for a used Tesla Model 3 with a given mileage?

It depends on the exact variant, age and mileage — a higher-mileage car should ask less. Use the price modeller on this page to get a fair-price range for a specific age and mileage, so you know what to offer.

Where do these Tesla Model 3 figures come from?

They're worked out from current used-Tesla Model 3 listings in Singapore — asking prices, mileage and registration years — not past transaction prices. We refresh them regularly, and we flag thin data rather than guess.

Tesla Model 3

Name: Tesla Model 3
Brand: Tesla

Two generations on sale. The 1st gen Model 3 is the value pick; the Model 3 Highland is the fresh-buy target.

Model strength

Tap any for details

Focus

Weighs every axis evenly. Changes the weighting, not the numbers.

▲ 2 axes vary by variant (price, running cost) — see variant pages.

Price by age

What does a car this age cost?

Generation timeline (aligned to chart)

Model 3 Highland

1st gen Model 3

0y1y2y3y4y5y6y7y8y9y10y

Age	Generation	Price range	Min. Down	Availability
1y	Model 3 Highland	S$206k – S$189k	S$77k	Low
2y	Model 3 Highland	S$190k – S$174k	S$73k	High
3y	1st gen Model 3	S$178k – S$153k	S$65k	Low
4y	1st gen Model 3	S$140k – S$130k	S$54k	Low
5y	1st gen Model 3	S$124k – S$119k	S$49k	High

Generation: Tap a generation (↓) to jump to its full breakdown below; the colour maps back to the timeline strip + legend above.
Price range: P75 → P25 of asking — the middle half of listings at that age sits inside this band. Outliers above and below excluded.
Down payment: MAS Notice 642 LTV cap applied to the age's median asking: 30% when OMV is up to S$20k, 40% above. Max loan tenure 7 years. Rows marked * mix both OMV buckets — we display the conservative 40% figure so the quote never under-states what a luxury-OMV listing at that age would actually require.
Availability: High when this age's listing share is ≥1.5× the model's uniform expectation, low when ≤0.6×, medium otherwise. Model-relative, so an evenly-spread model lands all-medium.

Positioning vs segment

Where does Tesla Model 3 sit?

12 scoreable mass-market sedans · 20 more in segment lack enough listings to score

Tesla Model 3

this model

Brand reliability

65(−15 vs median 80)

Resale strength

75(+39 vs median 36)

Asking price falls ~8.4% per year

HIDDEN GEMSHolds value better than its brand reputation suggests.

Brand reliability: Consumer-survey composite — JD Power · WhatCar · Consumer Reports. Same score for every variant of a given make.
Resale strength: 100 − 3× annualised tangible-decay (COE-stripped). Fitted from each variant's asking-price-by-age regression then averaged at model level.
Peer set: Every same-segment model with ≥5 active PARF listings whose variants fit a depreciation curve. Practicality isn't plotted — it's a body-shape constant within the segment, so it would be the same for every dot.
Quadrants: The crosshair marks the segment median on each axis. Top-right (Safe Bets) is strong on both; top-left (Hidden Gems) holds value above what the brand reputation suggests; bottom-right (Bargain Buys) is well-built but depreciates fast — buy cheap; bottom-left (High Risk) is soft on both.

Generation

Model 3 Highland (2023-present) · Reg 2024–2026

Tap to expand

Verdict

Tesla's 2023 Model 3 refresh — same underlying skateboard platform as the original Model 3 but with refined exterior, updated interior (no instrument cluster, all-touchscreen + rear screen), new HW4 (post-mid-2023). Tesla addressed many of the original Model 3's build-quality complaints (tighter panel gaps, better wind sealing, improved suspension). HW4 cars have newer Autopilot hardware. All Model 3 EV-specific checks (12V battery, HV battery SOH, door handle sensors, software OTA discipline) carry over. Cleanest Model 3 era to buy.

Asking: S$175k–194k
Median: S$185k
Decay: —

What's good

Post-Highland refresh build with HW4 + documented OTA history — Tesla's incremental improvements landed here: tighter panel gaps, better wind sealing, refined suspension, latest Autopilot hardware. The cleanest Model 3 era to buy. Same battery durability story carries over.
Pack health 90%+ at 50k km via official Tesla service-mode read — same Tesla battery durability framing as the original Model 3. Long Range pack at 90%+ at 50k km = essentially a new pack for daily use.

What to watch

Door handle sticking / non-responsive at viewing — same flush door handle pattern as the original Model 3. S$500-1.5k per handle at Tesla labour. Cycle all four handles cold AND warm.
12V battery not replaced in 2+ years + reports of unresponsive start — universal EV failure mode (Atto 3, Taycan, Model 3, Model Y, iX3 all share this). Budget preventive replacement S$300-500 at purchase.

Trims in this generation

Pick a trim to see its score, deal target, and pre-purchase checklist.

EV

4 trims

Generation

1st gen Model 3 (2017-2023) · Reg 2019–2023