Tesla, MG4 and MINI EV Depreciation in Malaysia

Published / last reviewed: 18 July 2026

Prepared by the Intercontinental Motors Market Insights Team. Vehicle-specific figures should be reviewed by the Intercontinental Motors valuation team before publication.

Quick answer

In this selected sample from Intercontinental Motors' in-house records, the 2025 Tesla Model 3 Long Range recorded the lowest observed raw depreciation at 31.8%, retaining 68.2% of its reference Malaysian new-car price. Its observed in-house wholesale price was RM148,600 against a reference new price of RM218,000.

It was not the lowest-mileage vehicle in the comparison; that was the 2024 MG4 Lux. Condition and history were not available, so the result remains descriptive rather than conclusive.

Why this comparison matters

EV values can change faster than mature petrol-car segments because new-car prices, incentives, model updates, charging technology and software features change quickly. Battery warranty, accident repair quality and charging accessories add further valuation variables.

The figures below use observed in-house wholesale prices rather than retail asking prices. Wholesale values usually allow for inspection uncertainty, preparation cost, warranty exposure, financing support, stock-holding time and dealer margin. They should not be presented as guaranteed retail market values.

Depreciation comparison

Depreciation comparison

Vehicle Mileage (approx. per year) In-house wholesale price Reference new price Value retained Actual depreciation Simple loss per year

2025 Tesla Model 3 Long Range 36,007 km (36,007/yr) RM148,600 RM218,000 68.2% RM69,400 (31.8%) RM69,400

2024 Tesla Model Y Long Range 29,025 km (14,512/yr) RM139,200 RM246,000 56.6% RM106,800 (43.4%) RM53,400

2024 MG4 Lux 11,846 km (5,923/yr) RM68,000 RM129,629 52.5% RM61,629 (47.5%) RM30,814

2022 MINI Cooper SE 3-Door 46,040 km (11,510/yr) RM63,300 RM213,461 29.7% RM150,161 (70.3%) RM37,540

What the sample shows

From lowest to highest raw depreciation, the selected observations rank as: Tesla Model 3 Long Range (31.8% loss), Tesla Model Y Long Range (43.4% loss), MG4 Lux (47.5% loss), MINI Cooper SE 3-Door (70.3% loss).

The gap between the lowest and highest raw depreciation was 38.5 percentage points. The lowest simple annual ringgit loss was MG4 Lux at RM30,814 per model year. Percentage loss, actual ringgit loss and annualised loss measure different things, so they should be read together.

How mileage changes the interpretation

The selected vehicles range from 11,846 km to 46,040 km. The lowest-mileage observation was the 2024 MG4 Lux, while the highest-mileage observation was the 2022 MINI Cooper SE 3-Door.

Mileage is displayed and converted into an approximate kilometres-per-model-year figure, but no arbitrary RM-per-kilometre adjustment is applied. A proper mileage-adjusted valuation would also need exact registration dates, condition grades, service history, accident and flood history, ownership type, location and multiple comparable transactions.