Used 2023 Tesla Model Y for SaleNationwide

How much does the 2023 Tesla Model Y cost?

Prices have softened 9.04% compared to this time last year, making it a favourable time to shop this model year.

There are 262 listings available, which suggests you 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, comfort, easy charging, and spacious interior. That lines up well with its role as a compact luxury crossover for buyers who want EV practicality, lots of standard features, and a versatile cargo area. With 26.7% of listings marked as good or great deals, you also have a decent chance of finding a competitive offer.

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 daily use. The repeated mention of performance and comfort suggests the vehicle delivers consistently over time, not just on paper. For used buyers, the main long-term ownership risk is making sure the specific example you choose has been cared for properly and still matches the range and feature expectations you want.

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 carefully without feeling rushed.

• Deal availability: 26.7% of listings are priced as good or great deals.
• Inventory: There are 262 listings available.
• Price trend: Prices have softened 9.04% compared with last year.

If you find a listing below $41,367 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 $42,862 CAD sits slightly below last year's $47,122 CAD.

That decline suggests the market has become more favourable for buyers, but it also means future sellers may need to price more competitively to stand out. If you buy at the right number now, you may have less downside risk than someone who paid closer to last year's average. Strong demand for well-reviewed EVs can help support resale, especially when the vehicle has broad appeal and a strong feature set.

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:

• 26.7% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.04% compared with last year.
• Owners rate it 4.78/5 — a strong satisfaction signal.

The bottom line: You should lean toward the 2023 if you want a well-liked used EV with strong owner satisfaction, a useful cargo area, and a market that has become more buyer-friendly. If your priority is stretching your budget, a nearby model year may be worth comparing, but the 2023 is the better pick when you want the strongest mix of value, demand, and owner approval.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.