Home / Total Loss Articles / Total Loss Blog / 2020 Tesla Model S Diminished Value Case Study

2020 Tesla Model S Diminished Value Case Study

2020 Tesla Model S Diminished Value Case Study (PDF)

2020 Tesla Model S Diminished Value Case Study


Elon Musk’s eccentricity aside, his electric vehicles have undeniably revolutionized the automotive industry. The 2012 launch of Tesla’s Model S marked the advent of a long-range, highly sought-after electric vehicle, leaving competitors struggling to catch up. Today, the Model S still impresses with its EPA-estimated range of 402 miles in the Long Range Plus variant. However, Tesla has faced criticism for interior quality and build consistency, despite its focus on autonomous technology and over-the-air updates. Established luxury automakers like Porsche are now entering the EV game with models such as the Taycan, posing a challenge that Tesla must overcome using its Silicon Valley innovation.

The 2020 Model S carries on the legacy, remaining one of the foremost electric cars available. Its standard air suspension provides a comfortable ride, complemented by supportive and plush seats. The cabin exudes a restrained elegance, and the standout feature is the massive 17-inch infotainment screen, although the absence of smartphone integration is notable.

Performance is exceptional, with even the base Model S accelerating from 0 to 60 mph in 3.7 seconds. The Performance trim achieves a mind-boggling 2.3-second acceleration. The estimated range surpasses its competitors, although real-world results may fall slightly short of Tesla’s claims.

Despite the arrival of competitors like the Porsche Taycan, the Tesla Model S remains one of the premier electric vehicles on the market. Its lightning-fast acceleration, impressive driving range of approximately 400 miles, and remarkable infotainment system make it a commendable luxury electric car. However, there is room for improvement in overall fit and finish, and projected ownership costs are higher compared to many competing models. Tesla’s ability to maintain its position in the ever-evolving EV landscape will be crucial.

Did You Crash Your 2020 Tesla Model S?

Your day was like any other, you were minding your own business when you suddenly had a car accident. Did you know that a wrecked and repaired car can lose over $12,150 in value?


Diminished Value Calculator
 Before Accident Cash Value $60,750
 After Accident Cash Value  $48,600
 Diminished Value   $12,150


No matter who was at fault, you’re entitled to diminished value. Would you like to know how much your car lost due to a collision? Get a FREE Claim Review or call us now at (877) 667-2326 and get the money you deserve.

Licensed Auto Appraisers specializing in Diminished Value, Total Loss, Actual Cash Value, Classic Cars, and Insurance Claim Settlements. Don’t accept the insurance company’s offer before talking to us, we can often help you get more money!

Subscribe to Our Newsletter

Access, first-hand, our main posts directly in your email.

Appraiser Blog

Related Posts

Total Loss Appraisers Guide

DOWNLOAD NOW The Guide to Total Loss Appraisers! PDF This guide will walk you through the process of choosing reliable total loss appraisers, offering expert insights, historical context, and unique tips that will put your mind at ease. Facing the reality of a total loss vehicle is stressful enough without

Read More >
Two Cars in a Severe Collision Depicting Car Total Loss

Car Total Loss Exposed: What You Must Know

Facing a car total loss situation can be daunting and confusing, especially when you don’t know where to start. When your vehicle is declared a total loss, it’s not just about dealing with the immediate aftermath but understanding the entire process. This article delves into the hidden truths about car

Read More >
Toyota Logo - The Top Brand in the 12 Biggest Car Companies of 2023

Top 12 Biggest Car Companies | 2023

Curious about the top players in the automotive industry? This article dives into the 12 biggest car companies of the year, highlighting what makes them stand out. The year 2023 has seen remarkable performances from several car companies. Join us as we explore the giants shaping the future of automobiles.

Read More >