How much does the 2020 Tesla Model 3 cost?

Prices are up 4.82% year-over-year — a sign of continued demand for this model year.

There are 1,958 listings available, which gives you a meaningful pool to compare on price and condition.

If you find a listing below $20,263.69, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2020 Tesla Model 3 a good car?

Yes — the 4.72/5 user rating points to strong owner satisfaction. Owners repeatedly praise the fun driving experience, powerful acceleration, and impressive technology, and they also value the convenience of charging at home and the low maintenance costs. That makes this model year a strong fit if you want an electric sedan that feels modern and efficient for everyday use. With 26.2% of listings marked as good or great deals, you still have room to shop selectively.

Is the 2020 Tesla Model 3 reliable?

Owners rate it 4.72/5, a strong signal of long-term satisfaction.

The owner feedback also emphasizes low maintenance costs, which is a good sign if you want a used EV that should be relatively straightforward to live with. The recurring praise for dependable day-to-day ownership suggests this model year can be a sensible choice if you plan to keep it for the long haul. For used buyers, the main risk is less about routine upkeep and more about making sure the specific car has been cared for properly.

What should I look for when buying a used 2020 Tesla Model 3?

Accident-free inventory is solid at 79.2% — always verify the vehicle history report.

You should prioritize a history report first, then focus on a thorough inspection of the car’s condition and any signs of prior damage or poor repairs. Because this model year is often bought for its technology and EV convenience, you’ll want to make sure everything works as expected before you commit. Pay close attention to the overall condition of the vehicle rather than assuming a clean-looking listing is automatically a clean one.

Is now a good time to buy a used 2020 Tesla Model 3?

This is still a seller’s market, so you should act selectively and be ready to move when a strong listing appears.

• Deal availability: 26.2% of listings are priced as good or great deals.
• Inventory: There are 1,958 listings available.
• Price trend: Prices are up 4.82% year-over-year.
• Clean inventory: 79.2% of listings are accident-free.

If you find a listing below $20,263.69, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Tesla Model 3's resale value?

The current average of $22,467 sits slightly above last year's $21,433.

That upward move suggests the market continues to value this model year well, which is a positive sign if you plan to sell later. Strong demand and a healthy pool of shoppers can help support pricing when you eventually trade in or list the car yourself. The combination of rising prices and broad buyer interest points to solid resale potential for a used EV in this segment.

Vehicles with strong owner satisfaction ratings, like this model year's 4.72/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2020 Tesla Model 3 or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 26.2% of listings are priced as good or great deals.
• Accident-free inventory is solid at 79.2% — always verify the vehicle history report.
• Price trend: Prices are up 4.82% year-over-year.
• Owners rate it 4.72/5 — a strong satisfaction signal.

The bottom line: The 2020 model year is a strong primary choice if you want a used Model 3 with proven owner satisfaction, solid inventory, and a market that still supports demand. If you’re especially price-sensitive, you may want to compare nearby years and focus on the listings that land near the lower end of the current range, since that’s where the best value is most likely to show up.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.