Predicted Resale Value After 5 Years of Ownership: 47.3%
Based solely on the outstanding 5-year resale-value numbers of the 2021 Tesla Model X, you can’t draw any useful conclusions about the popularity of electric vehicles. You can, however, confidently assert that the way the Model X holds on to its value over time reinforces the trend towards SUVs taking over the world.
With seating for up to seven, Tesla’s 3-row pure-electric SUV starts off steep — at $80,000 — with no federal tax incentives or Tesla free-charging incentives offered to ease that pain. Nevertheless, KBB predicts that after five years, you’ll still be able to sell your Model X for 47.3% of what you paid for it. That’s a generous percentage for any vehicle, much less an electric SUV with “Falcon Wing” (gullwing, really) rear doors.
Tesla offers the 2021 Model X in two versions, both using front and rear motors for all-wheel drive. For $88,490, the 670-horsepower Long Range model travels 360 miles on a full charge. Its two motors provide 0-60 time of 3.8 seconds. Using three motors, the Plaid model — starting at $118,490 — gets you a range of 340 miles, but it’s also good for 1,020 horsepower and a 0-60 sprint of close to insane: 2.5 seconds. Charge times vary, but using Tesla’s Supercharger network, you can add 175 miles in 15 minutes.
The Model X offers a spare luxury interior with a huge 17-inch center touchscreen display, 22-speaker audio, heated seats all-around, and Area 51 levels of security. Over-the-air updates are offered on both the high-tech cockpit gadgetry and the driving performance. Tesla also offers the inside track to some legit desirables like impressive self-driving capability, self-parallel parking, and later this year, self-steering on city streets.
More 2021 Tesla Model X
Build and price your own 2021 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: 2021 Tesla Model S
Predicted resale value after 5 years of ownership: 44.5% of original sticker price
Now almost a decade old, the Tesla Model S maintains the electricity of it shape and its drivetrain with outstanding range and the mind-altering potential of 1,100 horsepower. Learn more about the Model S or find one for sale near you.
3rd Place: 2021 Porsche Taycan
Predicted resale value after 5 years of ownership: 41.2% of original sticker price
When Porsche goes electric, it commits. The 2021 Porsche Taycan is German smart and sexy and holds its value like a champion. Learn more about the Taycan or find one for sale near you.
Learn more: Electric Vehicles: Your Guide to Everything Electric
