Tesla Model S And Model X Get Best Resale Value Awards From KBB

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Tesla Model S And Model X Get Best Resale Value Awards From KBB
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Tesla Model S And Model X Get Best Resale Value Awards From KBB via insideevs.com

, both the flagship Tesla Model S sedan and Model X SUV earned the awards for Best Resale Value in 2023. However, to be clear, the Tesla EVs weren't winners overall for every vehicle, but rather, in their respective classes.

When you buy a new or used car, there are several things to consider. We could list them all here, though many are obvious, such as price, safety, fuel economy, seating space, technology, etc. Another major consideration should be resale value, but much like a car's total cost of ownership, its resale value may often be overlooked by buyers.

Whether or not you buy a car with plans to turn around and sell it sooner rather than later, it's important to know what it might be worth going forward. A car that retains its value better over the long term is clearly a better financial choice than one that loses its value more quickly.

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