Used 2023 Tesla Model Y for Sale nearLondon, ON

How much does the 2023 Tesla Model Y cost?

Prices have softened 9.07% compared to this time last year, making it a favourable time to shop this model year.

There are 257 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2023 Tesla Model Y a good car?

Yes — the 2023 Tesla Model Y earns a 4.78/5 user rating, which points to strong owner satisfaction. Owners consistently praise its performance, technology, and comfort, and many also highlight the fast acceleration, easy charging, and spacious interior. If you want a compact luxury crossover with EV practicality, generous standard equipment, and a useful cargo area, this model year fits that brief well. With 26.8% of listings marked as good or great deals, there is still some room to shop selectively.

Is the 2023 Tesla Model Y reliable?

Owners rate it 4.78/5, a strong signal of long-term satisfaction.

The owner feedback also points to a dependable ownership experience, with praise for easy charging and a generally trouble-free feel in day-to-day use. That said, some owners noted range accuracy concerns, so you should pay close attention to how the battery performs in real-world driving and whether the vehicle’s condition matches its history. For used buyers, the main long-term risk is less about outright mechanical complexity and more about making sure the EV systems and software-related features have been well maintained.

Is now a good time to buy a used 2023 Tesla Model Y?

This looks like a moderate market, so you can be selective without expecting deep bargain-bin pricing.

• Deal availability: 26.8% of listings are priced as good or great deals.
• Inventory: There are 257 listings available.
• Price trend: Prices have softened 9.07% compared with last year.

If you find a listing below $41,351 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Tesla Model Y's resale value?

The current average of $42,745 CAD sits slightly below last year's $47,007 CAD.

That softer pricing suggests the market has become more favourable for buyers, but it also means future sellers may face a more competitive resale environment if prices continue to ease. Even so, the Model Y’s strong owner satisfaction and broad appeal as a practical EV crossover should help support demand. If you buy well today and keep the vehicle in strong condition, you should be in a better position when it comes time to sell.

Vehicles with strong owner satisfaction ratings, like this model year's 4.78/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2023 Tesla Model Y or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 26.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.07% compared with last year.
• Owners rate it 4.78/5 — a strong satisfaction signal.

The bottom line: The 2023 Model Y is the better pick if you want the updated mid-2023 changes, strong owner satisfaction, and a used EV crossover with broad appeal. If your priority is stretching your budget, a nearby year may be worth a look, but the 2023 is the cleaner choice when you want the latest version of this formula without moving to a newer model year.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.