Used 2023 Tesla Model Y for Sale nearToronto, ON

How much does the 2023 Tesla Model Y cost?

Prices have softened 8.59% compared to this time last year, making it a favourable time to shop this model year.

There are 307 listings available, which gives you a solid amount of inventory to compare.

Is the 2023 Tesla Model Y a good car?

Yes — the 2023 Tesla Model Y earns a 4.8/5 user rating, which points to strong owner satisfaction. Owners consistently praise its fast acceleration, easy charging, and spacious interior, and the model’s roomy cabin and practical cargo solutions make it a strong fit if you want an EV that works well for everyday use. Its standard AWD, generous equipment list, and SUV-like versatility help explain why it appeals to shoppers looking for a compact luxury crossover. With 25.1% of listings marked as good or great deals, you still have room to shop carefully.

Is the 2023 Tesla Model Y reliable?

Owners rate it 4.8/5, a strong signal of long-term satisfaction.

The owner feedback points to a vehicle that many people find dependable in daily use, with praise centred on easy charging, strong performance, and a comfortable cabin. That said, some owners mention range accuracy concerns and missing features, so you should pay close attention to how the vehicle has been used and whether its real-world condition matches the seller’s description. For used buyers, the main long-term ownership risk is less about outright satisfaction and more about making sure the specific example you choose has been well maintained and behaves consistently.

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

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you stay patient and compare listings carefully.

• Deal availability: 25.1% of listings are priced as good or great deals.
• Inventory: There are 307 listings available.
• Price trend: Prices have softened 8.59% compared with last year.

If you find a listing below $41,294 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 $42,526 CAD sits slightly below last year's $46,522 CAD.

That price movement suggests the market has cooled a bit, which can be helpful if you are buying now but means future sellers may need to price more competitively. If you own one for a few years, the current trend implies resale values may remain under pressure unless demand strengthens. Even so, the Model Y’s broad appeal and strong owner satisfaction should help support interest from used shoppers.

Vehicles with strong owner satisfaction ratings, like this model year's 4.8/5, 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:

• 25.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 8.59% compared with last year.
• Owners rate it 4.8/5 — a strong satisfaction signal.

The bottom line: The 2023 Model Y is the right pick if you want a well-equipped EV with strong owner approval, practical space, and a market that currently gives you some negotiating room. If your priority is stretching your budget further, a nearby year with a lower average price may be worth a look, but the 2023 remains the better all-around choice if you value the balance of features, usability, and buyer confidence.

How does the 2023 Tesla Model Y compare to the 2023 Ford Mustang Mach-E?

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.