One other Feather In Tesla Mannequin Y’s Hat: It Wins Residual Worth Award

Autovista Group, a UK-based automotive analytics firm, has given the Tesla Mannequin Y a Residual Worth (RV) Award within the compact and enormous battery electrical automobile (BEV) SUV class. The Mannequin Y was Europe’s best-selling automobile in Q1 2023 and it continues to get small accolades to its identify.

RV is how a lot a automobile is price after a sure period of time and mileage. Autovista’s commonplace residual worth situation is 36 months and 40,000 miles (60,000 kilometers). To calculate the rankings, the corporate divided the RV share – relative to retained listing worth – by the common RV share within the particular class.

It analyzed used vehicles’ information from February to April 2023, and autos with “extraordinarily excessive or low horsepower and worth factors” had been excluded.

The group defined that Mannequin Y’s sturdy worth retention was the results of fixed enhancements via engineering and its capability to obtain over-the-air (OTA) upgrades. Furthermore, the Mannequin Y’s highest general rating on the Euro NCAP between 2020 and 2022 made it extra fascinating.

Specialists within the group analyzed information from 17 European nations to reach at this conclusion. The Mannequin Y retained 55 p.c of its worth within the UK, 67 p.c in France, 64 p.c in Germany, and as a lot as 74 p.c in Hungary after three years and 40,000 miles.

After roughly 200,000 miles (320,000 km), Tesla batteries lose simply 12 p.c of their capability, a Tesla spokesperson stated. Though take this declare with a pinch of salt as a result of battery degradation depends upon quite a lot of elements, together with driving type, temperatures, and charging patterns amongst others.

Jose Pontes, information director at, stated, “It might not be as eye-catching because the Mannequin 3 or as comfy because the Mannequin S, and its inside may be thought-about spartan given its worth, but it surely offers the standard Tesla qualities of effectivity, vary, and dependability.”

The Skoda Enyaq was second greatest on the listing, adopted by the Audi This fall E-Tron Sportback, Volvo EX90, and Volkswagen ID.4. The Enyaq obtained a top-five rating in 9 of the 17 markets examined. “SUVs dominate the BEV market and there have been many autos competing for the title,” stated Christof Engelskirchen, chief economist at Autovista Group.

The European Mannequin Y crossover is manufactured on the Tesla Gigafactory Berlin-Brandenburg in Germany, and the continent additionally will get imported variations from Giga Shanghai in China.