2026 Tesla Model X Pricing Analysis

Pricing by Popular US Cities

Market Area: Nationwide

Key Insights

• Highest Prices in Philadelphia: With an average price of $159,995, Philadelphia shows a skew towards premium inventory for the Model X, indicating high consumer willingness to pay for luxury electric vehicles.
• Best Value in Los Angeles: At $74,995, Los Angeles presents a significantly lower price point, which may attract a broader customer base, reflecting a higher inventory turnover.
• Balanced Offering Across Cities: Philadelphia and Atlanta have lower inventory (8 and 10 listings respectively), yet command prices well above those in Los Angeles (4 listings), suggesting supply-demand imbalances in urban markets.

City-Level Pricing

Pricing Analysis by Model Year

Key Insights

• Strong New-Car Premium: The 2025 Model X is priced at $91,007, about 7.2% above MSRP, indicating robust demand for newer models despite a higher price point.
• Depreciation Across the Board: Older models exhibit substantial depreciation, with the 2016 Model X down ~68.1% from its original MSRP, reflecting the rapid depreciation characteristic of electric vehicles.
• Best Value Years: The 2020 and 2021 models present a balanced cost-to-value ratio with average prices of $36,446 and $41,296, aligning closer to their MSRPs and likely attracting cost-conscious buyers.

Model Year Pricing

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