Used 2020 Tesla Model 3 for Sale nearVictoria, BC

How much does the 2020 Tesla Model 3 cost?

Prices have softened 9.09% compared to this time last year, making it a favourable time to shop this model year.

There are 339 listings available, which gives you a reasonable amount of inventory to compare before you buy.

Is the 2020 Tesla Model 3 a good car?

Yes — the 2020 Tesla Model 3 earns a 4.72/5 user rating, which points to strong owner satisfaction. Owners consistently praise its fantastic performance, fun driving experience, and low maintenance costs, and many also value the convenience of charging at home and the impressive technology like autopilot. For you, that makes it especially appealing if you want an electric sedan with strong acceleration, modern tech, and lower running costs than a conventional car. With 27.7% of listings marked as good or great deals, you still have some 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 points to low maintenance costs, which is a helpful sign if you want a used EV that should be relatively straightforward to live with. The same reviews suggest the car can be dependable for daily use, especially if you value home charging and a simple ownership routine. For used buyers, the main long-term risk is making sure the specific car has been cared for properly, since any EV can become more expensive if prior ownership was inconsistent.

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

This looks like a moderate, selective buyer’s market, so you can shop carefully and still find worthwhile options.

• Deal availability: 27.7% of listings are priced as good or great deals.
• Inventory: There are 339 listings available.
• Price trend: Prices have softened 9.09% compared with last year.

If you find a listing below $23,412 CAD, 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 $24,577 CAD sits slightly below last year's $27,033 CAD.

That softer pricing can be good news if you are buying now, but it also means a future seller may need to price competitively to stand out. The current market suggests the model has already absorbed some depreciation, which can help limit further downside if demand stays steady. Strong owner satisfaction should also help support interest from used shoppers over time.

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:

• 27.7% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.09% compared with last year.
• Owners rate it 4.72/5 — a strong satisfaction signal.

The bottom line: If you want a used Tesla Model 3 with strong owner satisfaction and a softer price than a year ago, the 2020 model year is the primary path to consider. If you are especially price-sensitive, you can also compare nearby years to see whether a lower asking price outweighs the appeal of this year’s market position.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.